Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1886-12-01
THE VIRGINIA STATE DEBT.
TO THE PEOPLE OF VIRGINIA .

n
At n meeting OF Virginia Boadbo.s,..
cor veued by the 'ouncil OF Foreign 80
\ holders. and he'd on Friday. the am ~
temhsr, 1850. nj the CsBnOn.Sirssf H.
London. the following resolution w.,
passed unanimously:
THAT this meeting deplores ne lon, .,..
test into v hlch the bondho des have b..,
forced for The maintenance ~ tneirrg y.
snd. while asserting us sfeafffsi tpf Pm, .,.
ton not TO secept the RlddleOergpr s,if...
meDt. winch. Ia view OF the sdnntrd a1..
uy OF Virginia TO settle with brr cr- ii-l,.,
and the sacrifices they have a spsfF u..o
on her he half ~ considers fisBlrr.t a.
unjust. hereby expresses Us = llugn-.s r.,
n. eel the state ana entertain T.s.. ...,
cOmplOmise based uyOn tbn ~ Sent .,,.
ton and che available revenue ~ r.-'
Wong fer TIRE CONF. iOnNi spur,I., .,
for government. Nho1.s, aud other ..B .,
exTepditure."
Jne state has had The benefit u Go ...a.,
OF The money she originally bgfT .N.f ..tt
600, COO) IL laid tue founSa' - ..,
roads railways. ard canals and Ht, lr. H, .
millions Il dollars INTO the county .t.t
sou not contracted these pulir s -.l
with the boDhhOideIS money y.u N...!
have 10 he taxed now fOr them.
NoSiate which borrowed money ar.r.
ioyed the reneut % 10 loans NOR ....
Virginia mrs done. f~ee Seuate 3. c.....-
Xxx N.-Sess.on le77-'7.
The present unsettled condition 90 I..
cent n hffiif HfA illAi ffsN % tii
Of ire ina. and - irtf ~ u3''Hrs -f .l.
t'r ue Won will never toveop inr So - &
ie,ources Of the state ga tue way t1ey la.
,erVe.
The revenue OF virginia is inc-ess,.,
The last assessment shows an lucrats. -
s55 600 0O0 IN taxable yaiuef Nnrr 1f...rt
revenue light De largely inrrt-s-i Ar t..
taxes were more carefully e .rrIfd AZ f..
/. present assessments on proper, Gus.
throughout the stale
" bat might usyt been q Ic1lI tofla
few years sgo j. easy hoH ana enc Yrtr q
buidtn viii become tighter. When tl.
dobI question IL se'tled rt.Ifa4 AND enter.
pine. which now hold a.ooi flu fuA u.5
Inc state.
lbe settlement offered by the h1uiho,
en- proposes that tie bonds DOW U "a .t.
tnce bearing tax receivable coop .IDI 4
b. depuSifFc IN some trust con. t... tItt
new bonds shou 4 ne .ssu \ Boz '. f.,
bearing no iaX-recelvahio coupons H.I 90
n lower rate ~ interest," Mneu 'na >ttfs
pays half-yeafs Interest o. I.e n.R
bonds the taN-fC,civahl" coupD.S lrt.4t
hslf-y ear shall b" cut OF the 80 rua's b.
the Trust CON p9ry. cancelled ann ". ..r.i
N he stale Abv incrrtsr oI tIe Ura.elf
eNenue VIII b. appropriated hV tho ~taf~.
end the bOrdlo.ccu 1871 rot have ANY
Cisim on ~
There was n cash balarc, Isst Iniv I'm tle
Treasury ~ ei}7 COO s'i the oNrr'g' uur.
chase ~ Rdc irnefR-r 7s ny the state nas
bttb b. th' id'' Ni cow N..N ~ TOO ITO
cash. The state bias tome .i.'on- ut inl.
lofs OF assets watch would help urf ia 20.
rsug.ug settlement
The bordhuldrfs are ~ deeply interested
as YOU are in usinia ming the rr'i. ana
prosperity OF Your state. they ask .'. "a
iair hearing and dIatuss. 10 co. t.n .t--
ton by business men sud uo' los H. ..-
clans whose Interest - I4 in prevent tH One
Ger.tspdng being arrived at ana On .Il-
ora be com promise made.
The best way OF biin.ins anolt t... .-'-
Element is Tor lax payer, 20 teifc, 'u. 'Hs
I'm nav uent OF their taxes !. View D. I.s
cor cllietorv spirit aud lineIll offer wN' 'E
the creditors venture rtsperfiuiiV fn slH-
nit 10 you hat 10 II your moral ig'5 'g
we'll as your legal rigtt sud privilege ID
tender coupons fIr taxes rou iue.
Io2s.Su, W6sa9t JAMES 4. OOpER,