The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1886-01-29
REAL REGULATORS OF VIRGINIA

For some years Senator Mahan,
whose object has been not to 'repudiate
the state debt of Virginia, but To read
just il on fair and just basis SO that all
portions of Virginia, West Virginia as
well as old Virginia, should ray their
just proportion, and that was satislac.
tory To Its creditors, has been denounced
by the Democracy of Virginia and the
whole country, and by the mugwump
Republicans as repudiator and an
enemy TO the credit and honor of NIr-
ginia.
Now the nephew of his uncle, In his
uncle's saddle, followed by troop of
Confederate cavalry To cheer his
speeches with rebel yelis has made the
canvass of the state and secured his
election To the gubernatoral chair of
the state, the mask is thrown off and
the real rcpudiator. the Lee Democracy,
come out in their true colors and SHOW
the world that for contemptibly base,
cowardly reputation and wilful disre-
gard of state credit and state honor the
| Virginia Democrats have few equals, if
any, and certainly no SuperiorS on the
American continent, and their new
governor, the son of his uncle, has
scarcely got his seat warm in the char
of state before his mouth piece and the
state organ, comes out squarely for re-
pudiating all obligations of the state,
and collecting S21, ZOO, 900 i'm money from
lis creditors. Referring toa plan pro-
posed 10y Lieutenant Governor Massy
and Second Auditor Rutlin, this paper
SAYS:
| q. Al. r. l.. 4 Il a
| Virginia on the LIST day of January, 1851 =,
is the deht of West Virginia, and of the
| remaining two-thIrds onc-half nj least
should be cancelled 10y reason of our
losses through the abolition ui slavery,
| the devastation of war, etc, with no war
or reconstruction interest upon their re-
manning principal from Jan. |, 1861, To
| Jan. |, 1870. OF course under this
scheme this State Is 10 be credited with
all her redemptionS of principal and
payments of interests, and hence, as she
was openly chargeable with no interest
during the period of wal and rcconStruc-
ton, all the interest she pad for those
was payment on the principal of the
debt. The figures show that up To Jan.
|, 1871, the State had actually overpaId
her full Obligations 10y sum exceeding
~, 00O,0 900. Since then, according 10 the
1
Ruthn and Massey, the additional pay.
ments of interest and redemptions OF
principal 10y this State have made an
aggregate of overlapping exceeding
so, 0O0,O 900, an amount due the State
from her alleged creditors. This, We
say, Is the plain result easily and newt.
ably deduclblc from the project oi
Mcssrs. Massey and Ruifin-a project
which We seem 10 have fully agreed TO
not only 10y our platform, but by oul
selections of MeSSrs. Massey aud Ruiliu
for elevations To honor, profit, anC
trust Instead of Virginia owing SO, 900
900. as some contend. or 81 200 200, Us
the Riddleberger bill declares, certain
persons owe Virginia over S2O,OOO,OO0 OIL
the State debt account. Now, as tins i,
clear, there should at once he takeI
not only the necessary steps To fOrciblS
cause all holders of our outstanding
bonds and coupons tn surrender them
without fur. her consideration, but due
process should be lnstigaled against tn,
: proper parties 10 compel the restitution
of the money improperly paid them 10y
the State. \ commission on whici
NeSSrs Massey and Ruilin should be
I the ruling members, ought ut once 10 b,
appointed 10 Justly make out the ac
count and institute the proper proceed
ings. If the MasSey-Ruilin statemen
be the real one ii is high time that W,
should begin to s,alp the coupon seal
j pers and 10 tap the bloated bondholders
= We have been on the defensive Ion;
, enough. Let us take the aggressive an,
force the cut-worms and horse-lceche>
of orr revenues 10 disgurge. Let us SHOW
=, the outside world that though IL patien
and long suffering commonwealth, Nlr
glnia at last rises i'll wrath against he
: spoilers, shrleklng: - c semper tyran
= mis-" II We are sovereigns indeed, lie
us show the world that we have tn,
Dackb bone To act as SoveTeiSns.
This shows the Democracy Of tn,
sovereignty of Virginia deliberately pro
I pose that what they could not fight on
. of the Union they will cheat or rob on
Of their honest creditors. The loss q
! their slaves and the expenses of thei
rebellion they mean To cheat out of thel
creditors and that is Il fair sample of tn
= First Family" honesty of the Nirgini
Democracy. Had there been less mag
- nanimity and better sense of justice ii
. the Senate and Congress of the Unite,
, States when the war closed, Virginia
and all other rebel States would hav
been held and governed rs terrtorie
Till they had made ample provisions an
security to pay all the expenses of thei
rebellion to the general government be
fore being admitted as states into tin
| Union