The Russellville Democrat., 1880-12-09

" aAtAuN " tuQ tNS tbtabuity uHutE an act vcsting them with full power to overhaul and examine into this indebtedne from the beginning to inquire how any and every part of 1t vas created under what law or laws
 -for what purpose each portion was brought abouL uL--who received the bonds in the first place, the price for which they were disposed of--wiio has them now, and their market value year after year from the date of their being put upon the market
 to what extent, in money received or work done for and received by the state or otherwise, the state was benefited by any and all of these transactions--who were the agents and actors in getting the laws passed and bonds issued, and for what con sideration they or any of them en gagged in the performance--what payments, if any, the state has made on these bonds, and when made; what, if any, of these bonds have been taken up by the state; when and on what account. The members of the commission to be selected by the two houses of the generol assem- bly, on joint ballot; they to take an oath to well and truly, to the best of their ability, prosecute this inquiry, and true and correct report make to the governor of the state when finished by them; with full power to send for witnesses, for books and papers, to take testimony, to sit at such times and places as they may deem proper-to employ . short hand reporter to take down and re port all their proceedings in full-- with free access to the books and papers in the several executive offices of the state--tweEty days notice of the times and places of tn cir sessions, in the Little Rock papers. in two Memphis papers and two New York papers. These notices to be direct ed in general terms to the supposed bonded creditors of the state, and all others interested in the subject matter; sessions of the commission to be open and pubic, at which any one claiming to be a creditor or his agent and attorney may attend and take part in the examination; with fuli power to the commissioners to require the attendance at any time they desire Of the attorney general of the State, to aid them "a conducting such inquiry; three of the commis- sioners to constitute quorum to do business. SEould any person desire to submit to this commission any proposel to settle the debt investiga- ted, let the commission receive it and note it with their proceedings. When this investigation IS finished, they to report it--all their proceed, ings-to the governor of the State, wi:h such suggestions and recon mendatlons as they sec proper to make, and the governor to transmit thelr entire work to the next legis lature with his regular message, with any recommendations he sees fit to give for its action and final dis posal. The report of the commis- sioners to the governor should be made some six months, if possible, before the meeting of the next leg.s- lature. and it's main features made known to the people, 50 that when they elect the legislature, that IS to pass on this report, they may know what it is, and it's merits may be fully understood and comprehended by them before their representatives and senators are elected, as well as before they are to pass upon the work"