Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-11-02
SATURDAY. NOVEMBER >, 1889.
NTahone the Debt- Payer.

Malone the Debt-Payer.
The election is now so rear at hand that
MAHoxE can with IMMUNITY, if he desires
10 do so. deny that lie ever undertook to
sell Virginia 60 tho foreign boudholdcrs in
order 90 make up for q shortage Of one
hundred thousand dollars in his campaign
fund. We say if hc desires to do SO, be-
cause il is not altogether certain that he
viii deny il. seeing as he is reported TO
have said o. the agent OF the Lombard
street bankers The negroes pay no taxes
and they don't care bow much the whites
pay"
The W0r'rs article carries internal owl
dcnco chat 10 may be true There Is
nobody m London unless IL be the
gentlemen Who were ne this country
o few years ago trying 20 settle the
debt who could. unless MALONE had
posted him. have talked O. the interview
Cd. This Iomharl-~,rcot banker did. His
familiarity with the subject and with Ma
HOMES viows and schemes is really sur
pIising. MHoNr's deht-piauk IN his plat
form and thc references hc makes m bis
speeches 80 his scheme for paying the
debt. coupled with dis refusal % let his
scheme bo known, wouid seem to show
that tine BorHs exposure is % genuine ox-
posture.
Who in London knows enough about
M,uoNE o. bD cuohed 10 initiate Dis man
ncr 81, correctly aua put into his mouth
words SD characteristic Of him: The agent
a. th" banker was sent % Virginia 90 treat
with MMoSr. Ho sow General MAHoNE,
who said. "J cam settle this question.
om the only man that can settle IT. The
Democrats admit that "But. General"
SAID I. "wc win rota..ep' the terms Of the
EIDDIruraGfR biiL' " You don't need TO-"
va, General MAHoNr', reply. The RID
nIfBEEGEu hin Dis "a corpse, AN abortive
effort. and recogu' IL %. dead cock IN
the pit THE Democrats realize that l am
the only man that can effect "a settlement
with these bondholler-a ndtbcy are willing
q steal uy thunder"
"Stcl his thunder" That Ia exactly
e. reason MAuo>r las given upon the
stump for not making Dis scheme public
But was There ever such impudcuce as
tn Words interviewer attributes to
MAHoNEt lie treats his whole par
q rs mere cgph.r-. Nobody ex-
cept himself was 20 bc consult
ed 81 viii dothis," and 81 viii do chat"
he said without qualification. How hap
poned il that "a Loudoucr knew so well
MmoNr's manners and hi. contempt for
his followers?
But MAHoNE's scheme is TO deprive the
public schools of the money now given TO
them by the State and use the Peabody
fund in place Of il. How much benefit
would the schools derive from the BLAIR
bin in that event? We quote again:
by allowing the free schools 100000
there would Do elI00,00) applicable to the
payment OF the interest ou the public debt.
Thornton made great mistake IN not
coming To- Sec me. But ! am afraid there's
going 10 he too much money on the other
side az this election " " OF course / re
marked at this Juucture. wherever our
interest lies Our help viii GO My cam
paign fund j., 100000 short answered
General Malone. Iwould need that much
more money 10 feel confident of my cleo
ton" What would be your basis of set
Element ~ ] asked. 60 am willing TO sub
init the question - arbitration. Now"
replied the General, " VIII choose one
man besides myself 10 get two from your
side In case there is no result We Will
agree upon a fifth. who shall decide finally
The interest Will be fixed at * large an
amount as the State can pay and live.
This will be over $4,000 As 10 tax-re-
ceivable coupons there is too strong an
objection 10 them. but this difficulty can
he removed 10y placing both bonds and
coupons III trust, tho coupons TO be de-
livored up only IN payment of the IN
terest.'
Isn't that like MALONE. 10 say the least Z
There Is too strong an objection to taX-re-
cciyable coupons. Coupons outstanding
must be Struggled into The settlement.
His election TO the Senate would make pos
sihle the passage of the BLAZE bill! And
this B1AIR-bill money would bo a saving 10
the State of so much money to be paid to
the bondholders! Again says the Gene
raj:
I'VE could get bill passed in the Legis-
lature authorizing suit TO be brought by
tho State OF Virginia as trustee Tor the
boudhOlders against Vest Virginia. This
would bring Virginia into the courts and
she would never get ont until she roc0g-
nizcd her own contracts and houidatod the
amount adjudged to be due from her.
Is there anybody IN London who would
have thought of such mode of forcing the
State to pay her debt? We quote again
but. said /. overwhelmed by the au-
dacity of the Generals scheme, tOinvOlVc
fhc two States in lawsuit az a means of
compelling them 10 pay their debts, how
conld YOU possibly obtain the necessary
lecislation?" The members Of the lie
gislatura.n was the reply, would not I'M
derstaud the true value % tins suit. They
would have no idea that Virginia could be
forced 20 pay its full debt through the
bringing Of such suit. ! consulted Roscoe
Conkling about the plan. and hesaid At was
feasible"
Roscor CoSK1No is dead. What doLon-
doners know about him!
We quote finally:
Then / asked General Malone, "If in re-
turn for such assistance as would send him
90 the United States Senate he would
pledge himself 10 carry out one or the
other Of the plans be had described 10 me"
He answered without hesitation. u viii
pledge my commission as United States
senator. If the plan agreed upon should
not be- carried out | would resign" The
decision Of the bondholdcrs was that Ma
homes promises We're dear al 100000.
This Is a remarkable story. 1t comes out
Mt q suspicious time. but il has the appear
ance Of being true. We leave It to the
yeeder to judge for himself whether it,
main features are true or only seemingly
true.
Blair.
We have two classes Of statesmen. one OF