Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1889-12-04
Dtr. Hovall-AEain,

70 ne Rldor Of Ire Dispatch;
II failed TO reply 10 Mr Three S'ore' commh-
nica'i0n IN tO-days Dispatch u w"ula oe 'ob-
rluded mat the statements 10 my letter % sun
day we're inaccurate, yet they are aDsoiutey ~
curate. Those statements were-
!. That II the state had accepted Slr tn"s,n
Th0rninn's proposition her entire interest epum
have bsen brought within $4,000 per eupun'
and her side 81 the commission "ao Nl4ihk 70
give f5oOn0 per annum. A.,
g That u she had accepted his proportion 'he
entire interest npOn the Cnnsol lp-4l, Huu "''l-
due coupon debt would have been s'Vo.-'I ppi
aunum. THIS Il The debt which gives her hsI
trouble II she In 70 disregard bor honor enc
may treat all the rest OF her dehi a. she p'"Hevr'
Mr.. Three stars snocrs a. my st,"lu H.e
ment because Il IL taken from a pal'"ir ~ ~
llsned by Sir Edward thornton. bnt MI lAToo
Stars knows that tho figures az thht paper ~
have quoted them are correct he'aue' MY
arc taken from the records Of his Oncc oil Seeou"
Auditor. ,,-,.
the preci-o figures from the Second Auditor
lie gives the consol debt outstanding page Il"
a. &l4 1908; 10 Oolistaud ng traee - 49,.
sg1 II il not possible 10 mske an hptolDte'3 ~.
cura,e statement Of the overdue COUPONS "'.'
standing. hat both sides 81 TIE comm' .e''n No.
sumed them Ia tho spriue OF iss' 10 be sO'"'
SL42f,000. 49,. o ,o,
cant OF the taco amount Of the cOnsols. ~ per
cent on the faco HmogntCt the lo-iD - ana u"
/ fund tho overdue coupons az seventy I'VE CON- q
! On the dollar and take per cent per ahhu'u gu
the face amount OF what that wOuld hc.
Now let any one calculate what the annual W
ierost on a dob; thus stated would TO. ana nc
will And u 20 De f6S2.ila Tho difference OetEeeh
this and f,Of 23i Is &C ountcd for mus. uhNn
tnkon the depi ~ the second Auditor shower J.,
10 10 on tho Ist Of OctoDef, lt'N SIR ha"hin
| Thornton : Oner Wa based On tho STATE "' tuc
debt a. tho second Auditors 0nlcc showed u III
Nav iss1 Between tho two periods enough hsu
| been funded 20 make the difference between
son ggl aud 1851 rs II Vt Three stars u IN
! willing % believe hat sir Edward thornton
/ made his offer let him come - my Office ana
VII show Il % him over tho sigr manual 81 GU
/ Edward Thornton aud IS. y. BfaHhNaitc.
Now. for my statement Wai ihe Interest V"ll'
: hsye been brought within Ssi0UO per Annui"'
( Tie foregoing shows that tho interest on we
/ cous0is teu-f0rtles sud overdue coupons "oul4
1 have hesu reduced % f'Gh23L
| Tho Second Auditors last report shows page
| ~ that there were outstanding IN tue hhuH7 81
/ the public ON October /, 1883, tNpA'"-<f OF new
! fhrees witch bear por cent interest t'Uo.<5i
ans Sl.l.saD amount o. $50 Oh, and This from
/ SsD.uaJ leaves $2l,449 10 pay interest on tue
/ bonds held by tic Literary Fund, nhl "a ara
/ renilv she States own bonds end therefore, ho'
duo ~ her Now ! DEFY Hr. Three stars 90
3 show anv substantial error 10 any o! the bsdTe7
/ Lave given D.
I Bptbe viii Soy have ~ ade no allowance iot
F tho oit unflnled debt, overdue interest on Tue
& same. and psclers. 10 i- true J have not De-
cause. Notwithstanding what bis books snow
/ don't believe tnere are any such. II IT, lu.ie1l-
Die that u any such were 10 existence luey "y.-'u
/ uot long ago have been fuuaeI inloueW - VINO
would tor seyeu years hold si,h ieI "l alo1' ~
secured sun when ho could during All max
time have funded IL into live, Understanding
/ h,ota~ WILLIAM l.. ROYAL.
December :. 1859