Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1879-10-14

! tenance OF her fair name and credit tn
settlement of the debt should be effec
ed speedily. The speaker then cite
the action of the Gubernatoral Convel
: ton OF 1877, which determined that IL
settlement of this debt question We
absolutely necessary to the prosperit
OF the State-Mahone men, Holiday
Daniel, Lee, and Taliaferro men a
agreeing on this. They resolved t
elect q Legislature pledged to execut
That law of the Conservative organiza
ton. And when the Legislature me
every man in 1t had his
-. - PATENT MEDICINE
to cure the disease of the State. It wa
flood, broad river of schemes for ad
justing the debt of Virginia. The ex-
Governor then gave the history of the
adoption of the McCulloch bill, ant
emphasized the fact that out of the 12!
Conservative members 100 voted for tn,
bill, while considerable number Of til,
~ who voted against it are now its SUD-
porters and advocates, while there is
only an Insignificant platoon now stand
ing out against it. --- !
WHO IS RIGHT?
He asked, Who was right now, the
corporal's guard now holding out against
the bill or the great and overwhelming
mass that were elected for this high duty
and who performed it? The Governor
was unsparing in his denunciation OF
these few men, who, he said, were sub
slsting upon this agitation. He said,
IN this connection, Gentlemen, mean
no personal unkindness to Gen. Ma
/ =: L e
II could, but say if milestone were
hung around the neck of William Ma
none and he were cast into the unfath-
omable depths of the Atlantic ocean
that never after would there be a word
of agitation in this Commonwealth.
and his whole organization would dis,
solve like rope of sand" TApplause. I
The speaker then went on 10 notice
the objections urged against the bill by
the Wolfgang party, and ably refuted
each one. There was no disagreement.
he said, as to the amount of the debt.
he quoted from Gen. Mahone's Mozart
Hall speech, in which he said, IT would
use my best efforts and sanction the
settlement and payment of q debt of
thirty-two Millions"
MAHONE's INCONSISTENCY.
TO do less than this Malone had said
would be dishonest. And yet under the
bill, which Gen. Malone
refuses to support. the debt is ascertain
ed TO be two hundred thousand dollars
less than Malone says ought to be paid.
Ihe Ex-Governor said that he knew
that cargo of Virginia bonds many
years ago was in a steamer that foun-
dered In the ocean and that some mil
lions of those bonds have never been
heard of and that it is not probable
that's anything like thirty-tWo mil
lions will ever be produced against the
State; but after allowing for these and
piling up everything, the debt is two
hundred and odd thousand dollars less
than the amount that Gen. Malone
said would be dishonest not to pay,
CANNOT BE DENIED.
The speaker then explained the Bar
bour bill, which, he said, was endorsed
RX 6Ee66iX e66iio, io4ARApfRghr ST faga9n athn he demon
strated the inconsistency of the Repu-
dationists in voting for the Barbour bill,
which appropriated $25O,OOO per annum
more for payment of interest on the
debt than the McCulloch bill, which
they will not vote for. He also COM
mented forcibly upon the fact that in
both the Bocock bill and the Fowler
substitute to the McCulloch bill the
whole overwhelming body of the So
called forcible readjustment party voted
to make every bond of the Common
wealth non-taxable. There is not a
feature in the McCulloch settlement,
from the first word to the last, which is
not embodied in the Barbour bill and
the Fowler bill, which was voted for
and advocated by the entire so-calIed
forcible readjustment party of Virginia.
If it is wrong to make tax-receivable
coupons under the McCulloch bill to
the amount of 1888, 900, they voted for
81 ,231 600 under the Barbour bill. If it
is wrong to have nOn-taxable bond
under the McCulloch bill, they voted
for it in the Bocock- Fowler bill, and
the Fowler substitute for the McCulloch
bill. If there is particle of sin any
where in the body of the McCulloch bill.
then the Readjusters, so called, stand
STEPPED to the very lips, deep down, in
that identical sin.
CERTAINLY ADEQUATE.
The speaker then proceeded to discuss
the Wolfgang assertion that the present
revenues of Virginia are not adequate
to meet the obligations of the State.
He demonstrated clearly from the Au-
ditor's own figures that there would be
a liberal surplus in the Treasury every
year after paying all expenses. He
showed. too, that the State will save in
the 40 years under the McCulloch bill
the enormous sum of twenty-four mil
lion dollars.
Gov. Kemper then went on to explain
the non-taxable coupon, to show the
failure of the Wolfganger to tell what
they would do if the McCulloch bill was
repealed that this was a question of
honesty and dishonesty; enforced the
fact that all this borrowed money had
been used for internal Improvements.
TAKE THIS QUESTION HOME.
The speaker asked "How can the
State of Virginia do this dishonest deed
of reputation when the State is nothing
but the assemblage of the people of Vir
ginia and they,,be honest?" Let any man,
he said. take the course they want the
State to take, and he is damned to eternal
infamy through all time to come He
cited the case of Illinois when she repu
dated her debt, and gave graphic pic
ture of the deplorable condition of that
State in her reputation day.
A VAIL OVER THE OCEAN.
The speaker quoted from a letter he
had received from Chantilly, France,
~, xyL;ob tho writor said tYOu have