Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1885-07-03
PETERSBURG AND VICINITY.
VIRGINIA AND cARoEfNAR 4. 4.

the position which II intends 70 assume
towards this city may be satisfactorily
gathered from development which
was revealed to-day. When City-Trsa-
surer Couch went down TO his office
this morning his first official act was TO
eet from the Petersburg Savings and
Insurance Company the amount OF IN.
terest due the city by the Virginia ana
Carolina railroad on siiS,G00 OF en-
changed bonds. The interest on these
bonds fell due Yesterday, and the
Savings and insurance Company had
forwarded the coupons TO their Rich
mond correspondent for collection at
the main Office Of the Virginia and
North Carolina railroad in Richmond.
Treasurer Couch was told by the bank
authorities that their Richmond corre-
spondent had returned the coupons
with the statement that the Virgins
and Carolina officials declined to pay
the interest.
The failure Of the company to meet
its obligations was great surprise 70
many persons here, who had been led
to believe that the company had no
disposition TO let the pay ment OF the
interest on its bonds go by default
The railroad officials and the city's
legal representatives had, il is under
stood. discussed the matter f. eely, and
had actually entered into an agree
ment. which was satisfactory to all
concerned, and in which the non-psy-
ment Of interest was not for a moment
considered. The action Of the company
in refusing to pay the interest VIII
hasten the legal proceedings which have
At all times appeared TO be inevitable,
and City, ttorney Budd and his asso-
eiate, Colonel John II. Guy, Of Rich
mond, will at once look after the city's
interest. The city holds first-mortgage
bonds, but there are several thousand
shares Of preferred stock which take
precedence. Within few days City
Attorney Budd will have determined
upon the line Of litigation which will
have TO be adopted.
ARRANGING THE CAMPAIGN.
Several of the most prominent Re-
publicans in the State have been in the
city for the past few days, among whom
may be mentioned Judge Paul, who is
spoken Of as a probable Republican
candidate for Governor. General Ma
hone s residence, on Market street, is the
favorite resort of these gentlemen, and
il is said that within the week several
councils of war have been held there,
and that the deliberations Of these gen.
tlemen have been mainly as to who is the
strongest man the Republican Conven-
ton can nominate for Governor. Gen.
eral Malone, so men high in Republic
can councils say, does not wish the
but il the interests Of the
party demand his nomination he will
not fail to do his duty by the party.
This is the way the average Republi-
can here talks. Straightout Republic
cans do not want him to be nominated,
and, although they appear to be few in
they are very resolute and de-
termined in their opposition.
FINANCIAL MANAGE
MENT.
The action Of the Common Council
last night in refusing to raise the rate
of taxation here from SLIGO to sl.90
has been severely criticised. The man
agement of our city finances is con-
Quoted by Republicans, who are in a
large majority here; and it was con-
tended that inasmuch as an increase
has been rendered necessary by their
own management they should have
faced the Issue like men, and should
have increased the rate Of taxation.
Instead Of doing this they propose to
meet the annual deficit by issuing bonds
to the amount Of $4,000, nominally
for the purpose Of improvement. 1t was
urged by Democratic members, by way
Of objection, that the city is now float
ing all the bonds that it can convenient
ly carry (sl ,1S6, 000), and that to issue
[" Improvement bonds in order to
meet deficits in the city's finances
would inevitably operate against the
city's credit. The Republicans, how
ever. seem afraid to 60 before the peo-
pie on the issue Of an increase Of taxa
ton, and it now appears that as long
as they are in power the city will have
to issue bonds to meet any defic;.-
which an lnsufciency Of revenue may
necessitate. As there is q large negro
majority here the Democrats, who are
the main property-holders, can do
nothing.
RECENT MURDERS IN TIE SOUTH
SIDE.
II must not be supposed that because
the counties Of Dinwiddie and Green's
willie have recently been engaging so
much Of the attention Of the public be-
cause Of the murders in their midst
they are solely entitled to that noto-
riety. The modest claims Of Prince
George in this respect should not be
overlooked. That county few weeks
ago had its sensation in the brutal muir
der Of one negro, named George Graves
BY another named William lsaial
Evans. In dispute about some tri
fling matter at q saw-mill, at which the.
were employed, Evans seized stick Q
wood and dealt Graves blow on tn
head, breaking his skull, causing dealt
in q few minutes. The murderer fie
at once from the spot and has not sine
been heard Of. though the county AZ
thorities have made all proper efforts
trace and capture him. lie has doub
less LEFT this portion Of the State. Che
tsrfield county might furnish an int
esting case for the courts and victi
for the gallows If the murderer Of
colored woman at Bermuda Hundrt
some months ago could be capture,
And it is limited that Mecklenbul
county might add 10 the record. Wi,
Nottoway's case Of the burial alive
child by It's parents the readers OF Il
DispateA are familiar.
THE CIry's INTEREST ACCOUNT.
The city's interest account annual.
according to the appropriations mac
by the Common Council last night e