The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1881-01-09
From the National Republican,
Ftuauctal Honesty IN virginia.

The lucid and satisfactory presentation
bv General Malone OF the debt question OF
Virginia, to which we give so large space
Of our paper this morning, cannot fail to
convince all who read it that 1t bears us out
in the statements we have frequently made
that the Readjusters of Virginia are the
real debt.pa while the promise-brcak-
ing, self-styled Debt.Payers are the uphold
ers of Jeremy Diddler policy, runous to
the State and destructive OF the rights OF
her creditors.
The term reimbursement is greatly mis-
understood. People suppose it TO mean an
arbitrary reduction OF the debt by the
debtor. Instead of this, it is the offer OF
one of the two fragments into which The
debtor State was broken during the war as
TO the proportion of the old debt which that
fragment finds itself in duty bound to pay.
The erection OF the State Of West Virginia
created an obligation on the part OF that
State TO assume some part OF the indebted
ness of that Virginia OF which she had been
a part. Utterly refusing 10 confer with
Virginia on the subject, the latter must
fix the proportion for which she considers
herself bound. All parties bave decided
that proportion to be two thirds. The ma
pipulations Of the State Legislature by adj
yenturers who have visited Virginia for
purposes of gain are given by General Ma
| hone in minute detail, a are their opera
| tons under the laws they procured TO be
passed. 1t is only wonder that, after all
the devilment and indirecliOn, the scheming
and pundering, 10 which the Old Dominion
has been subjected, a man capable OF lead
ing majority OF the people should be
found equal to the task Cf keeping them
sQuarely upon platform so just Is that
advocated by the Readjustcr leader.
This document will teach our Republic
cans in the North not to believe Bourbon
testimony against brave and patriotic eX-
| Confederaies who refuse to aid in reaction
ary schemes. The courageous devotion OF
General Malone and his followers TO a free
ballot, and their contempt for whlte-line
policy in the face OF the fifteenth amend
ment, their support Of free schools for the
children Of both races, and their opposition
| TO the Onerous tax on the right TO vote
these are hateful to the BourbOns. In
the nature OF things such men would
have the hearty cooperation of RepuDli'
ems. To prevent this, history has been
perverted, facts ignored, and every effort
has been made 10 defame the Readju>ter'
by charging them with beng regulators
,
paving the debt OF Virginia are these
same ReaGjusters. They have confined
their discussions hitherto TO Virginia
Northern opinion, based on lgnoranc,
OF facts, has operated unfavoraby on
them by keeping a portion OF the Repub
licans of Virginia in sympathy with The
Bourbon Funders on the debt question
| General Malone has made clean state
ment, which, we believe, will have the
effect to secure for him and his just ant
reasonable plan the approval OF The grea
body of the people Of the country. This
result attained, and there will be no SUM
bling-block in the way of Virginia Repub
licans coming to the support OF his party
in the coming State campaign. The strug
gle will be between the Bourbon Fnnder'
and the Resdiusters. Republicans at tn,
North who READ General Mahoue's views
cannot hesitate what action TO advise on thu
part Of the Republicans OF Virginia.