The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-01-05
tccrrspondencc OF tle Richmond Dispstcll.I

,r. s,-s..~ - .h~a<.. r. :. fy,onrv
Inc hcv's'asusc nas unosen -, v,
auo WIN nc fe'uy W oo'"'''enoo ~" 'A''"'"e
to-uay. -,
AZ noon th' uovernor nessaSc VA
sent 10 w TWO houses. ,s,y ~
paper anu nas VIC pae,'Ss, .r'.o,,','ss' i;Io
lions that tne vovei"v, ~" en- Tn
nlho sugges,s as ues. aos s,v Viii Nil, i,e
"''hs..ii, IA ar,-,"I o,,s
A,fent;on is called 10 the
- s.,,,.c 90 r.r .xr pvpso>. a, pae-
wv '''''S ,,,s,.r,.
rs cShibiNd by me hadu9fs report
They are far Dcicw inc cash ,Mue al'u ny 3, =
uniformity, aud in this way pear uhe'e"''
on the Taxpayers.
IL requires abeut So2o,oooto carIy y" .,.;,
state government Tor earn !sar' ~, ~" , 'm''
amount ih',st po ra'seu' Mns," III
perry pe saiueu al us Ficsen. a. ,ss 10,
OF SiV'.'Vo.wv, On =. sy,nesu, liz are a,,o,,n,
vatuc OF e5Vo'VV,vvo. io ia,'e .'''' ".',o',,'
on the trtStDt valuation u Is nesessai. ~
levy TAX OF twentV-e'ght GEMS ." ,.,e s'. !.
drea ue''ars worm % p,ylNri os' 5000 = .,''
propci,l "au i.s ie@so"so AZ. h,,,d,'od 40,
far, ,yo,,,d he SUFFICIENT. So II Is practical.
L., ~ Ss,nc IN tbc f,y-nayer whether the
..,,,,at;on ~ ,I,c nronerty be higher aud the
rate ~ Taxation lower or the valuation
lower and the rate higher. But for tho
STATE. when these reports arc sent abroad,
| n ie Infinitely preferable that the value OF
the nronerty OF the State should appear vs.
the sec,s Justify. aud the rate of taxation
should onnar rs low as possible.
r,.r, r. yxsr1nr,oss
,,.. - a n =,
inc aS!'U'ns ior Tue , '"Same ""u ~" ,,,, ~,
s'ftasiorS tor tue ".h' ua'i,'' . MI or a'..
| nave aii ecu WI 'nanu. 20 -,
tasy.sm ~ Msn.'n IA II a i, n u s,endorn
ness o1n"lie''"'''e' """ "''o"'0 N'''A'
rom lopuer!. =, n,o T,oasror
M i.I ,:.' s .,',,;s,, 80 90 Ie,.;od
,nas 'Iie 49, ~, "a ;,;and -, v DO ~
NC eonso s''','s anu ~ snnan sunds and ded
pIeAsn. ss'i pius al IV ni,o- a ,h " or ~ %
ocnc'ee ,u o.'es, au: :. ';,, Iii 49,,
" VI oV'u nie'."" VI =. - ''.;,,,, oan,.
- pi.son - i.pu,u D;et o. onn,sor, tJ
lhe.lVn, s'.u ,"e sv .,,ao,,. az LII
qua''eieu "a .no p'' ''"''
w 'esai" "
TIE STATE DED1
'h1 "iv Iii sa 60 o ov,,;,..;o, ~ ,ho
Trces,,rr,,s reDort that under the general
! act ca compromise and settle the State debt
he fook nm az esO.T 45. i'm lieu If which he
ne ~ w ;,arci e. Con- ~, sS new A ner cent.
in,,de ,,,'n,, ,,l,ic,, ,nc ;otorcst has been
.,...I.,,, ,,n;a as n Sou dec III. Ioo,.es
e., oct e3o 81 thn old Eords st;,l outsta,d.
49,. H. hoIde-s of most n MT All of
rs! .,,,, cnn,a IN o,J once,t ne,v bends
mn'uI H." 's sn,.,s &c Flo act ~ March $50
wv tao , 'S 10 rsSusrIcI That act eyn;rcG
-, H. H. ~ aay 80 Jonua,-v ,os9 and enc.
-, t,,af ,.o;, .oSnact II Wifi, tbe single
so,n5;So..s;cn ,b,t tI,n Tro.s,,rnr ha directed
80 o',t OF of th. hordS hi hc issues all
~ III ,'.i,,o co,,,o,,o IsnySl th;s mod;fjco.
ton because the act OF Mar 4, 1879, fixes
the time when the interest Is TO Begin ana
under That act the Treasurer had bonds
enough printed to take UP the whole debt.
These bonds are still on hand, and have
coupons OH them from July I, 1850. The
Treasurer (is the act is recnacted) ought to
cut OF and cancel before he delivers the
bonds all the coupons due UP to the date
OF the delivery. In this way the bonds now
on hand can he used without fixing the State
with The accrued interest.
nm, co,.g.,-,,f-,ov rox,e
h'fcuucv INC u's"'9sioh vi ih'S s',o!ect
with Quotation from my message Oh TWO
wears ago. 80,
tiich s.io: Inc Legia'atuic, OH Tue
ilth oas OF March, ie'e. rhtiuea an act
lchap,er iSo) 10 proside ior ai' aulus.men W
OF .na. part Oh 'nc oIi,c u.p. lic"r,cu u III
ala Q, 'hc ortn osronha la'!rohu. ~, .h,s
ce Mas ieq'nleu 70 appo s. LUZ S Tn.;-
lis-ione's 70 nahc ,nc se,''eotehs. IN
uu'. wa i'e,ioiihSu " iuC ~ '"e "ppo',,
nlciit OIL INC iioh' ueoIse Dav's, VI 'nc o''s
OF wilmington; ZION. Mohioru hIcSenCc'
OF the county OF Porson, ana i,ona'd W.
Balm, Esq, Of the CITY OF haieign.
The Governor thus suoniis
TuE HEPowT or THE COMMISSIONER.
usavs.
Tx the terms Of VIC act The adjustment
could moi be contaminated without the an
proyai Of the Governor and Treasurer.
While we knew thc commissioners had
dono tie best they could. after taking a
business view OF tue situation, VIC felt that
TO fix q new debt Of S2.-j0,00o upon the
pooplc was a matter so serious that we
ought to wait till YOU assembled, and learn
WIN. the people desired. We consequently
determined 70 withhold our approval, and
submit Che whole matter to you.
The state Is the owner OF s3,0oo,00O OF
stock in The North Carolina Railroad Com
pany. and tho private stockholders OF
81 ,00o,ooO. To pay for this stock The state
in fS55-'5i-'55 issued her bonds, to run
for thirty years, at Q per cent. interest, ana
TO secure their payment pledged me dNl-
detus accruinS on nef stoce Tor Inc pay
ment of the interest, and the STOCK II
self for the payment OF the bonds. In
1860, 100000 OF these bonds were
taken UP IN exchange for stock held
BY the State IN the Raleigh ana
CASTOR kairosd COMPANY: ana Wy III
,estmeihs maac 10y ene L" ndns BOARD
,ena'ne o.'d.sn@,ns Ss,ae'.vvo Ill ne ' u,
, Ss, ,ut, v ,S gu s SUus va unvS II, ~
tSot , umu H. rn"d go go 80 ~ y,