The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-03-31
THE RE-ADJUSTERS PARTY IN VIRGINIA
AND SOME OF MAH0NE's ANTECEDENTs.

AND SOME OF MAh0NE'S ANTEOEDkkTe.
We were asked last evening as to some.
Thing of the political history and record of
the Malone and the re-adjuster's party. A.
well as we recall it, General Malone first
came prominently forward in the political
arena in 1869. In that year no took vigor-
Gus ground sgainst the dislranchising meas
ures of the radicals who were seeking 10 dis
franchise nearly the whoio white people Of
he state. lie succeeded ia his efforts by aid
of President Grants authorizing seperAie
vote on certain proposed constitutional amend
monts OF which tina. DISTINGUISHING clause
was ono. In 1873 he WIS a candidate for
governor before the state convention, along
with Colonel Withers and Governor Kemp
or. by throwing his Influence for the latter.
Kemper was nominated ard subsequently
elected. Both Kemper and Withers were
al the time known as state debt paying men.
In 1877, he, and John w. Daniel and +. w.
NJ, Holiday were candidates for the COVER
ship. After long balloting Malone had his
friends to cast their aid for Holiday,
who thereby became the present
executive. Prior TO these latter dstes how
ever, the funding bills Of 1867 and 1871 had
bean passed. By the latter the debt was
scaled from some $32 100000 to some $780,
100000; that is to say it had been determined
that the iuiquitous expenses and debt piled
up by the radicals had been thrown out, and
that three por cont interest would be paid on
the latter amount only. This WAS tao world
Of the roadjusters party. This debt paying
question separated the democratic party into
two sections 10 tho early part of 1879, the
roadiustors held in Richmond their frat
regular convention, claiming themselves to
be democrats, hut denomineting their organs
i2ation tho conservatives. Ia the fall OF the
same year, that party was successful, for
combining with the opponents OF what these
chose TO call tho old bourbons OF tho demc-
cratic party, they, Us Il coalition, carried the
election by very large majority. As a re
suit Of this election, General Malone spesk-
ing Of it has SAID "ln the senate were chosen
twenty three rehdjusters 10 seventeen funderI
and in the bouae were elected llty-seven r..
adjusters TO forty-three flinders. A msjority
of the legisla.ors.eloct, Of both tho republi
can and the conservative parties, were
strongly opposed 10 the McUullUoh bill
These, cooperating as resdjusters, elected
all the. capitol officers md county judges,
myself being chosen United States senator
over Col. Wi.her4, by Joint oonsorv atiyo
white majority, exclusive OF all coored and
republican votes, of seven, of which three
were in the house snd four in thg senate
my total joint reGdjuster vote being eighty,
to sixty cast for Col Wither5 and
al olhoTs.n In 1880 tho social, d
regular democrats put IN electoral
presidential ticket in tho field, tho readju,s-
ers declining TO take part in tho convention.
Tbs latter held theirs in.July of that Same
year, General Malone being chairman OF the
state executive committee after both presi
DENTAL tickets were in tho aeld This con
yention instructed Tor Hancock and English
Mr. Riddioberger being placed ut tho head o
the electoral tici,et This latter was success
full and General William Malone is now in
the Uuitod States senate MS tho result.
In tho matter of the state debt, it being
some $40, 725,00O VirgiRis's share, or two
thirds of 1t WAS littlo over $4,000, 900,
West Virginia having to caro- for the other
ono.lhird; this embraced. some $25, co.
900 of capitalized interest. After
Investigating tho dement's of tho debt, such
rs that capitalized interest, il was urged that
II ought 10 DO scaled to say S20,000,000 20
draw three per cont. per snnum. This was
the anal decision Of tho people of Virginia
TO whom tho matter was submitted. Eri-
dcntly in all these questions, and tho ilnan'
clal ono loomed up above all others in tho
canvass, thera was clear Gu! issue pr.
ssnted, Malone aud his party, under the
ti.lo of conservatives taking one side in the
political contest. AMI others designated thu
Bourbons, taking the other. II to the victor
belongs the spoils, .hon Senator Malone has a
right to act @ Independently AS no plcsses OF
tho party tina. opposed him, if it WAS uodtr.
stood that the resdjustorj party was IN
general sutagouism 10 ii. II, on the othoy
hand, II was understood that the financial
question was of purely local nature, but
that ia all other respect, tho readjuster, party
was democratic party, then Malone has
been guilty Of wrong in siding with the
republicans, and thus giving to them the
organization Of the senate. What Arc the
facts arc yet to DO developed, and until
put in possession OF them, il i, partial to
pronounce On Mahones course, and no who
doe, it can not eIpec! his opinion to have
much weight or value.