Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1884-08-17
PRESIDENTIAL ELECTORS.
NEW BILL ADOPTED By HOUSE.

NEW BILL ADOPIEU BI HOccS
Views OF MIR. Lybrook on the Debt-Eieet'on'
Law Committee - Hyeeia Hotel = Vacant
| Jndgeships-Couposs and Bonds, kc.
The Senate was on yesterday opened
with prayer by the Rev. t. G. Dashiell,
ID. d., OF ST. Marks Episcopal church.
In the communication from the House
was the bill passed by that body curing
the defect In the Riddleberger bill which
Judge Hugbes's decision recently brought
to the attention OF the public. Mr.. Wick
ham moved and it was agreed that the bill
be placed upon the cslendar. He then Of
rcred a substitute by instruction OF the
Finance Committee, which was made the
special order for Monday.
The House bill provides: "But such
bonds shall not be given for any coupon,
or interest on registered bonds mentioned
in this section maturing after the LIST day
OF July, 1882. The 1st day Of July, 1882.
shall be taken as the date OF exchange OF
the several classes Of bonds and evidences
OF Indebtedness specified in this act and in
yided that no coupon bond shall be funded
under this act, unless all past-due coupons
belonging to said bond, or other coupons
OF corresponding classes, amounts, and
dates accruing since the 1st day OF july,
1882. be sIIrrended herewith. nor shall any
registered bond be funded under this act
unless all interest nccrung since the LIST 1ay
Of July. 1852, be surrendered Herewith" :"
The substitute amends the bill as fol.
lows:
Strike out all after the words "eighty-
two." in tue 42d line to the end OF The
section, and insert: provided that all
bonds offered for funding belonging 10 any
class shall have attached thereto all cOu-
pons or other interest maturing after the
1st day OF JuIy, 1884, which shall be sur-
rendered with such bonds, and no allow
ance shall be made for any coupons or for
any interest maturing on bonds OF any class
between the lst day Of July, 1854, and the
date OF exchange and surrender OF such
bonds; and provided further. that after
the 18th day OF August. 1884, the new
bonds issued shall he issued with such
coupons or interest only thereon as shall
mature after date OF issue.
"And provided further. that bv way OF
provision for coupons an interest which
matured between the 1st day OF January.
1883, and the 1st day OF July, 1884, both
inclusive, il shall De the duty OF the Trea-
surer. upon the presentation OF such cou-
pOns or claims for interest or registered
bonds which have matured as aforesaid, 10
receive the same, paying for them sum
equal 10 that which would have accrued
during the period for which such coupons
or claims for interest matured had the
bond OF which IL was the product been
funded on the basis Of this act on the lst
day OF July, lSS2.'
HAVE WE An ELECTION LAW:
The Chair (Mr. llurD announced that
MCssrs. Mccormick, Wickhum. and Games
were appointed on the Senate's part on the
special iCinI committee 10 ascertain il we
have an election law. and with power to re-
port by bill or otherwise.
The Chair announced several changes in
standing committees, nccessitaied by the
death OF Judge CrumplCr. Mr.. Christian
goes on Courts. Mr.. Turner on Roads. Mr..
TOwr,s on Agriculture, Mr.. Mcdonald on
Committee 10 examine Second Auditors
Office.
THE DEBT.
Mr.. Lybrook offered the following:
Where's it is bcId that there are certain
bonds In uncertain hands. variously eS;i-
mated at from sl2,0O0,O00 to s55.000. 900.
clargeable against the state of Virginia;
and whereas every proper and reasonable
Ololt has been repeatedly made by the pco-
pie Of This State, through tncir representa-
tives in the Legislature, % eject n settle
mcnt between this state and the holders Of
these bonds; and whereas all such efforts
have been met by these bOndhOlde-s with
-ucompIomislnC resistance. clpiiOu> oppO-
su!on, and technical quibbling; and
whereas our resources. our patience.
our equitable cndeavOrS. and our LEGAL
responsibility are all now believed TO
hc entirely exhausted IN our efforts
TO maintain the credit oi Virginia,
without questioning the validity Of her
alleged Indebtedness. or taking recourse u
her icgaland sovereign rights; and whereas
10 substantial equivalent or valuable con-
sidcratiOn csn re shown upon which 10
base these bonds; and whereas the holders
Of them are mol bona .Jide creditors OF Vir-
gina, but merely adventurous spectators,
who have purchased or otherwise come IN
possession Of The bonds formerly held by
iCditOrs, and have already realized much
more than their original cost by means Of
accumulated interest collected from this
State, and have positively and per,istently
refused every offer OF settlement upon
equitable terms; and whereas a syndicate
has teen organized by these specula-
tors for the purpose OF per- letuat.ng
LEGAL persecution Of the people OF Nir-
eiuia. AID preventing any settlement be
tween this State and the unknown Folders O'
this UnpI0yen debt, unwiscly made and
uIiustly charged against her, 80 that these
Spectators and holders of bonds may not
have their claims tested, bat may continue
to draw interest thereon; and whereas cer-
tain debts are positively prohibited to be
paid by any State ia Article II. section Il,
q The Constitution OF The United states
therefore be it
Rcsoirld, That We do here and now eX-
press our unallcrablc opposition to the
payment Of any part Of this ALLEGED debt
or interest thereon; and the Auditor OF
Public Accounts be instructed forthwith
10 refuse payment Of interest on any bond
alleged to be held against Virginia.
The resolution was referred TO the Com
mittCe on Finance.
PROM THE GOVERNOR.
4 communication from the Governor an
nounccd the death of Circuit-Judgc Dick
inson and OF County-Judges Newman, Of
Hanover, and schcll, oi Dinwiddie, and the
IT signation OF Hon. W. A. Hudson, Judge
Of the county Of Augusta. \ resolution
was adopted by both houses 10 20 into an
election 10 fill these vacancies Except Au-
gusia Judge on Tuesday.
TIE Democrats have nominated ior cir
cult Judge F. ID. Irving, Esq, and for Judge
Of DinWiddie 4. j. Epes, Esq.
No nomination has been made Of Hano-
yer Judge or Of Augusta Judge.
ATToRNET-GENERAL.
MIR. Mccormick offered q resolution,
which was adopted. that the Auditor and
Treasurer be requested to inform the Sem
ate Whist sums, il any, have been paid the
Attorncy-C eneral since January |. 1884,
from the Treasury.beyond his regular sal
ary, and il any, for what service and by
what authority.
NORMAL SCHOOL.
Mr.. Wickham, from the Committee on
Finance and Banks, reported. without
Senate bIll No. 3 "tc amend
and rcenact section Z OF an act Tor The
Of a State Female Normal
School, approved March !, 1884"
PRESENTED AND REFEREED.
By Mr.. Edmonds: A bill to provide ad-
ditional communication for citizens OF Vir-
ginia wounded and MANNED during the
late war. under the provisions OF an act ap-
proved February %, 1854.
BY Mr. Flournoy: A bill for the relief OF
William l.. Spindle from two iine. assessed
against him by the County Court OF Lee