The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1881-10-21

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ana have redeemed OF the PRINCIPAL al the
dcDt, through our sinking fund, "a. 1904. 100
more. He perfectly well knows that each
year we pay over Sl,200,000 In Interest,"
sum more than sufficient Ivy $1,000 to pay
the entire interest on our whole debt n hi,
party had permitted the McCulloch settle
ment 10 90 on.v
Mr. Kelley then dissectcd the Riddle
berger bill, the ultimatum OF the Read
iuSterS to the creditors, It's provisions
being:
First, A reputation Of slS,OOO,OoO Of
Second, Forcing the creditor to accept
Q per cent. bond.
THIRD. Taxation Of the bonds, principal
srd interest.
Fourth. Repeal Of the provision making
the interest coupons receivable for taxes.
The first Mr.. Kelley said, chad the
brand Of lawlessnesS and injustice on its
front y; the second involved q curious
complication OF roguery under the form OF
law, which as q sample OF the Standard
deliver morals in legislation is happily
quite unique" In the third place, said
Mr.. Kelley, "thc bill proposes that the
bonds Shall be liable TO taxation. In Sem
ator MahOno's city the aggregate city and
state tax is orrecentlyw was percent, andI
think p. So this is proposition TO coCrce
The creditor, under the threat Of refusing
nm all interest, first to surrender AZ per
cent. OF his honest claim; secondly, TO sur
render 30 Per cent. OF his interest: thirdly,
10 submit his three per cent. bond to = tax
alton OF per cent, thus sWindling him out
OF 333 per cent. more OF his interest. and
finally destroying the value OF his coupon
absolutely and for any amount Is o means
OF paying taxes
I'm regard to the "insdcQuate revenues"
OF the State plaCCd by General Malone at
S2,liO,OO0) for any nearer approach to hon
esty, Dir. Kelley showed thai the average
income OF the State for the past eight years
was =, 800, 900 year, and the income for the
past year, derived from regular sources,
was S2,GlI ,000. Mr.. Kelley denied the
achievements claimed for the Rcadjuster
party 10y General Malone, their sole linan-
cial achievement being the coCrcing Of an
extra session, which cost the State $40. 900,
and on unsuccessful effort to faStcn Ma
homes newspaper rs 4 penSioncr on the
public treasury by making il a govern
mcnt organ. As so the claim set up for
educating the negro, Mi. Kelley said call
the education the BcaGjuStcrs have given
the negro is the teaching that public honor
is baublc and public faith q rope of sand;
ell the occupation the labor oil running IN
election"
Mr.. Kelley read documentary evidence
to show that General Malone rs president
OF a Conservative club, had urged the pas
sage OF the bill making the payment OF the
capitat.on tax n prerequisite for voting.
" Nothing said Mr. Kelley, . has excited
as much amusement in Virginia politics o.
the spectacle OF General Malone posturing
rs the champion Of n free ballot and fair
count. His home has been the theatre Of
nearly all the alleged Irregularities OF
voting charged in Virginia, and it il well
known that, in the language OF the street,
hc always 'r.m Petersburg To that city
alone were Federal troops ever sent 20
maintain the purity OF the ballot-boX in
Virginia"
Alr. Kelley then contrasted the parties
now cOntending for supremacy in Virginia,
saying: On the one side in Virginia
stands to-day The great bulk Of the intclii-
gence, character, and property of the
Statc-the men who make q Commonwealth
mighty and enduring. cOntcnding for the
privilege Of paying the honest debt OF
their mother State; on the other side,
those who remain in community when
the class / have described is with
drawn. You naturally ask, How can the
issue OF such q conflict be in doubt? Gen
tlcmcn, it would not be in doubt but for
the fact that Republican Administra-
ton has thrown into The scale OF rcpUdia-
ton the heavy sword OF patronage. No
man can now hold any office in Virginia
under the control OF the Federal Admins
tration who is not known partisan Of re-
pudiation. Scores OF men have been
turned out OF Office within the last sixty
DAYS in Virginia against whom no charge
has been preferred except that they favor
an honest settlement Of the debt. The
quiet entertaining OF their opinions and
entire abstcnton from party strife Will not
suffice: the Administration demands that
thew shall De active partisans OF repudla-
ton. or they are promptly dismissed
Mr. Kelley concluded his speech as fol-
lows:
"Thcsc are the influences, and these
alone. which imperil the cause OF public
faith in Virginia. That they are Rormida-
lie il would be idle 20 deny. The ) ne IS
an important one. Train the negro vote
OF the South TO the Mahone theory that
whenever public debt pinchcs it may be
readiusted, and that man who admits a
debt Of 533, 000,0 in 1879 may, without
the p3vmcnt OF a cent, affirm it to be only
S3D. OO0. coo in 1850, and you launch the
first generation OF negro voters on the sea
of open dishonesty. The first Use OF the
ballot is for public thcltS. Willitcnd hereI
ain this canvass we have litticpecunialy
interest. know Of no active participant
on our side who owns dollar OF the
bonds. We areasking only the poor piiyi-
lcgc OF being allowed to stand with clean
hands before the people Of the world; and
so impressed are we with our duty in thst
behalf that we shall continue, against the
negroes, the readiusting whites, aud the
cruel Injustice OF the Administration. 10
wage this war until the end. We feel that
we deserve and should receive the sympa-
thv and aid OF all honest men, but we shall
figbt the battle of honesty and the sanctity
OF public faith, albeit alone"
At the conclusion OF Mr.. keiley's speech
Mr.. Ficklcn was introduced and delivered
an address, which was well received.
Her IaAySiiip's Broken CrocIcry.
Iron the London Telegraph
Lady Pigot was the possessor, among
49,, .,,.4 ,uanY.FacfllroS EQUALLY beautiful