Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1889-03-22
FRIDAY MORNING, MARCH %, 1889.
THE ECONOMY OF THE TWO STATE
ADMINISTRATION


the ruling of the Supreme Court, and
.'openly ayow their intention of using the
coupons, and it is not improbable that they
will eventually declare in favor OF debt
payment. y How well the first part of the
al has been carried out in the county
of Augusta. the readers of the VINDICATOR
well know Not only did prominent Re
publicans. former advocates of the Riddle
berger bill, tender coupons for their taxes,
but their nominating meeting for the legis-
lature was presided over by a coupon
tenderer. and they nominated coupon
tenderer for the legislature. So much for
the first part Of the engagement: now for
the eventual declaration. A few days ago
there appeared in all of the Republican pa
pers of the State. this address ITO the
Republicans of Virginia.:
An effort will be made shortly to inveigle
YOU into public meetings to endorse Governor
Lee in bulldoZing Virginians who dare to eX
ercise the right of freemen, to use coupons is
sued by the State of Virginia in the payment
of their taxes and licenses.
The ReadjuSterS endeavOred to eQuitably
settle the debt, and the move was popular but
in order to regain power and offices, the Demo-
crazy went beyond readJustment into the con-
fines of reputation. Instead of trying to set
tie the debt they have been carrying on a re-
lentless war against those who invested their
money on the faith of Virginia's credit.
The Readjusters conducted the State Govern
ment for $500 900 per year-the Democrats
spend 81 $50, 600 annually. Half of this diff
ference would havemore than met the demand
of the British bondholders.
But the Democrats instead of compromising
and ending the contention forever, have gone
on increasing expenses.
The highest courts have decided that the cou-
pons must be paid, and the refusal to redeem
them now, is but piling up trouble for the
future. Lee wants to tide through his admin
ceSSOr.
What spectacle, The Governor of Vir-
ginia perambulating the State and preaching
Reputation Trying to rob the widow and
pons, which their State promised to receive
for taxes. Let no Republican encourage such
B0rb0Nr5sm! JUSTICE.
There is but one clause in this address
which it is necessary to notice at this time.
1t is that relating to the expenses of the
government under the two administrations.
Let us look INTO the foundation for it.
The last year Of the Malone State govern
ment, 1913, paid 1913, 9S5.15 for interest
the last year of the Democratic State gov
eminent, 1878, paid $685., 900 %. The inter
est paid making a difference of $224, 2s5.O6
About so per cent. of the criminal charges
of the State are the result Of the offences
of of the black man-Sl per cent. is
the proportion Of colored to white con-
victs in the penitentiary. The criminal
charges for the last Malone year, accord
cording to the Treasurer's report, were
$l66, 666.09; the criminal charges for the
last Democratic year were $40. 040. ID
the difference being $73 .374.04.
The permanent annual expenses have been
increased since the Malone administration
about as follows:
Central Lunatic Asylum, say, ......$ 10000
S. w. L. Asylum, new ,..".......... $4,000
Military Fund, new ,............... 10000
Farmville School, new ,........,..... 10000
Soldiers Home, new ................... 10000
William and Mary College, new. 10000
Pension List, new ,......... .......... $4,000
$4,000
Add above interest paid, ............. 224, 285
Criminal charges above, ................ 10, 374
Increase paid annually, .............$ 1892, 459
The address ''1'o the Republicans Of Yir-
ginia7 says that the Democratic eXpendi-
ture of 81 600 is more than the Malone
expenditure of $500, 900 by the sum of $685.
600. But the reader will see that the Dem
ocratic government had $492, 459 more calls
on the Treasury. If there are any of our
Republican friends who take exception to
any of the new expenditures brought on the
Treasury (of which we have given full
list above) let them specify which one it is.
The Democracy is quite willing to go be-
fore the people on any one OF all Of them.
But in addition to all this. there is the
fact, that whilethe purchase of bonds under
the Malone administration for the Sinking
Fund was only $25 900, the purchase under
the Democratic Administration for 'S4-5-6
and 7 was 81 1902, 61S-a difference Of ST.
277 900 in favor of the Democrats And
this difference is now held by the Sinking
Fund Commissioners and is worth in the
open market 81, 4S2, 41S.
The Democracy of Virginia has managed |
its financial affairs well, paid the interest
on Riddleberger bonds, and reduced it's
debt by the purchase of it's bonds about
million and half.
All the people of the State have to do now,
is to pay their taxes in money and the debt
question, as far as the Stateis concerned. is |
ended. The Commonwealth need not walk
the floor at night about the debt: it can let
follo
has bought up her bonds at pittance and
now wants their face value-walk the floor.
The last proposition the British bond
holders made to the State of Virginia was
by Sir Edward Thornton in 1885, His ulti-
matum was $50, 247 ,580. In 1889, replying
to President Smith of Randolph Macon
College, the bondholders say the increase of
interest since that date would have to be
considered in any further negotiations. We
shall welcome the appearance of the Repub-
lican party in the field, this summer, declar-
ing 'in favor of debt payment for the
bondholders. on that schedule.
We are indebted to Senator John W.
blllcI LII Il Copy VI LID SpteCll Oll lIlt IeSO-
luton before the Senate, to inquire whether
the State of Louisiana has Republican
form of Government. The way in which
he illustrates and enforces the fact that the
Republican party owes to States Rights
[the choosing of Electors 10y the States
exclusively, the fact that Benjamin Har-
rison with but 5, AL 1923 votes is now seated
in the Presidential Chair, while Grover
Cleveland with $3.50. 524 votes-just 81 sol