Weekly commercial herald. (Vicksburg, Miss.) 1884-18??, 1885-07-10

The Attitude OF fhe English Bond
holders In Regard to its Settle
ment.
RIcHMoND, VA. July 7.-Mr. WIN.
=. Royal, counsel for the English
holders of Virginia bonds, returned
here yesterday from London. In re-
lation to his mission he said that the
council Of foreign bondholders, as well
as individual holders Of bonds, are to
a man u~nalterably opposed to max
ing any proposition Of COM
promise to the State. If any
adjustment is ever affected the move
towards it will have to come from the
State. The creditors have d deep feel
ing Of resentment at the treatment
they received. They say they have
had two settlements with the State, in
each Of which they greatly reduced
their just claims, and the only return
they received is the utter denial Of
their rights and such abuse as isl
bestowed upon piCkpockets. Mr..
Royal, believes that II the fatal policy
that has been adhered to, Of war upon
the bondholders, were changed into 4
pacific policy Of Cancellation and
friendly negotiations, some adjustment
could be arrived at, but so long as the
authorities Of the State maintain their
present attitude Of defiance, the State
will get deeper and deeper into the
mire. The State creditors are deter
mined to press to its final conclusion
the question whether the institutions
Of this government are equal to sus-
tanning themselves. sit makes a
Virginlan hang his head with
shame said Mr.. Royal. This State
is badly thought Of In England. It is
enough to kill any measure dead in
London, to let the name Of Virginia
appear to be connected with it.
A Crooked" Railroad Agent in
Custody.
CHATTANOOGA, July John Nor
gan was brought to this city last night
in custody Of an officer, and will be
taken to Green county, Ala, to-day.
Morgan was the agent Of the Queen
and Crescent route at Miller's Land
ing, Ala, and is charged with having
embezzled $112,70 of the company's
funds and being implicated in the
theft of $4,000 worth Of freight and
nearly $4,000 worth of cotton. Eleven
other employees about the depot were
arrested as confederates. When ar
rested Morgan was agent of the Ft.
Worth & Denver railroad at Bowie,
Texas. He is connected with leading
families in this section. His arrest
created quite a sensation.
Serious Charges Against the School
Trustees of the District of Column
bia.
WASHINGTON, July Am acrimon-
ious quarrel between members of the
board Of school trustees of this city
has been under investigation by District
Commissioner West for several days.
No less serious charges than the falsi-
fication of teachers pay rolls and the
diversin of public money to I'M
authorized channels were among the
items in the indictment brought by,
one of the trustee against another.
The last development was one which
seems to touch the record of the district
commissioners themselves, and the
inquiry was brought to an end to-day.
Capt. Burton Ross, of one of the
military companies, an employee
of the war department, was
called as a witness and testified
that he had received pay at the
rate of S25 per month as tactician in.
structor of the high school boys, hav.
ing received the money from the hands
Of one of the high school pupils who
held the rank of major in the pupils
battalion. Capt. Ross understood that
his name went upon the pay rolls the
first month as that of an Instructor,
but, on investigation, this was found
to be obnoxious to the law, which for
bids the payment of two governmental
salaries to the same employee. 1t was
thereafter so arranged that he received
the money from the major Of the bat
TALON.
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