The times. [volume] (Richmond, Va.) 1890-1903, 1891-04-23
THE DEBT WILL Be SETTLED.
Favorable Outlook Fora Speedy Adjustment
Of YiFglniaS Debt.
THE PROVISIONS OF THE PLAN PROPOSED
General Shcrman's Daughters win Accept
the 100000 Testimonial-Gold Ex-
ports-New York News.
New YORK BUREAU,
RICHMOND TINES,
NV York Ami ~. 1891.


# the committee here confirm the announce
ment with reference to the negotiations for
the settlement Of the Virginia debt.
They state that Mr.. George $ Ellis, Of tho
Central Trust Company Of New York. who Is
secretary of the American bondholiers com
mittee and who has been in London for some
weeks past has been in communication
with Sir John Lubbock, William Lidderdale,
and John Daniel. c. b.. who constitute the
English advisory board: that since the American
bondholders' committee and the Enehsh al-
yisers are IN accord, the negotiations WIN lilo
State of Virginia Will proceed IN accoI ''Xco
with the plan and proposition suoMIl'ou NJ
vember y. 1890
PROVISIONS OF THE PLAN.
This plan and proposition, provided for
under the agreement OF May u, 1870. Is the
Man which was approved and recommended
iy Messrs Cleveland, Bayard, Phelps and
other members Of the advisory board IN the
United States
II provides that the bondholders commit
tee shall surrender TO Virginia all the oblga-
lions deposited under the agreement and re-
ceive in full satisfaction therefor such an
amount OF new bonds AS may be agreed upon
between the committee and the representa-
tves Of the State As the maximum
amount upon which the state rs
able % appropriate an amount annually Tor
the paynent of interest the new bonds u
hear such rate Of interest, and % have such
exemptions. and TO be Of such character as
the representatives of Virginia and the COM
fulttee consider best calculated 10 give them
the standing they will deserve IN the money
markets of the world
Mr. Ellis will return ut once from London
with the further details and the settlement
then will. it is expected. lat once pressed to
the long desired satisfactory conclusion.
FLOOD OF IMMGRANrs.
A total of 1881 immigrants were landed at
the barge Office to-day. The Maasdam, IRON
Rotterdam. brought S77; the Willard, 93i'
the Seryia 1,0l4. and the laormina; 800. Inc
last three named vessels came from Hamburg
The Steam Navigation Company, which has
been running between Bordeaux and tins
city for some years. has decided TO go into
Humiliation and sell at public auction the yes
scls of the line. The line has been losing
money since the Mckinley bill ruined IT'S
Gold amounting to s1,5OOOOo was shipped
% Europe to-day.
WILL ACCEPT THE MONEY.
The two unmarried daughters of the late
William Tecumsch Sherman, 10 whom the
General $ friends propose presenting :lOO.OJO
AS "A testimonial Of their love and esteem. Will
accept the fund. They feel that. as u
Is inspired by the affection of their iather $
comrades and personal friends. the only re-
rret they have is that the fund has been made
- large. as they think that q much smaller
rum would have been an ample tribute TO the
Generals memory.
COMMISSIONS LAID.
The cornerstone of the Episcopal church
Of Zion and 81. Timothy. on west tltty-
seventh street near Eighth avenue. was laid
with great ceremony this afternoon HE
edihce. which is being built on the site of the
Ia ol4u xrrfph wa IuTUfN last ~nT1ur
WI be one Of the handsomest Episcopal
churches in New York. The congregation
under the leadership Of the rector. the rev
Henry Lubbock has been worshlpplng IN west
Iity-third street while the new structure IS
OPENING OF TIE BASEBALL SEASON.
To-day the National League baseball sea-
son opened in this city at the new Polo
grounds. which last year was designated az
Brotherhood Park To distinguish u Hom INC
grounds Of the rivals The recognized
Giants and the BOstOns started the series OF
what is expected viii prove to bethe most IN
terestine contest for the championship yet
made. Many thousands could be seen wend-
inc their way up town; the west side
!. roads were packed from 20
Z. NJ. up 10 315. and 1t was clear
from their cOuversat ION that tWu-tmTds OF inc
traffic were going 10 witness the first game OF
the season. Al the grounds the usual trass
band and marching ceremonies were gone
through giving the crauks "a chance - air
their enthusiasm before the game. Inc com
bnatiOn brought ont IN tO-days game cOuld
hardly have been made stronger. The New
Norks and Bostons have been rivals ior the
pennAnt for many years.
A NOVEL CLUB
A novelty in the way Of clubs will be organ
led AZ Sherry's tomorrow evening. Wheh NJ
least one hundred members of the Institute
f Civics and theirfricnds Will get together and
formally institute the Patria Club. The new
club. as its name indicates, will be designed 10
inculcate and promote the diffusion OF patriotic
feeling. The organization of the club wa, dccld-
ed on az the last meeting of the Institute OF
Gives Bishop A. Cleveland Coke and the Hon.
Austin Abbott will deliver addresses on tho
occasion. Membership IN the Patria CLUB
Will be open 20 both ladies' and gentlemen.
ATRUK CONFEDERATE SOLDIER.
CAPTAIN j. A. Sitgreaves. is one Of the most
enthusiastic Confederate soldiers 10 be found
i'm the North. The Captain lost a leg at the
hsttie ~ sailors Creek lie has been IN New
York several years. and Is now deVoting nm
self almost exclusively 20 literary pursuits.
Ills daughter. Miss Beverley Sitgreayes, Is an
actress, and has played with kosina Nokes,
Mansfield and other comedy comlAnleS, ooth
in New York and in the West She also re-
sides herc. Captain Sitgreaves was with the
cadets who erected the first earth-works on
Morris Island IN Charleston harbor, from
which the Star Of the West was fired upon.
THE WEST FOR CLEVELAND.
Fx-Mavor William r. Grace, has Just re-
turned from an extended vacation trip 10 the
Pacific slope When interviewed regarding the
political situation iu the States nc visited,
among which were Louisiana. Texas, Colo
RADIO and California Mr.. Grace sad: no
people in these States recognize that Mr..
Cleveland is the mau above all others VINO,
ON his own record on the great issue OF iariIl
reform and reduction II taxation. Is entitled
a. The Democratic Presidential nomination M
l,p2 They all admire ms courage and
s,rmghtforwardness of purpose. and ms de
yoti0n % the broad interests OF the whole
country
Mr. Grace fre,'v expressed his views in the
Southwest on NJ Cieyeland's silver letter,
holding that tho document was wisely written
and essential 20 the welfare Of the Demo
cratic party IN the East, especially IN New
)ncland
Whatever feeling there was OF is against
Mr Cleveland a. a result Of the silver letter is
gradually dying out no SAID. Il do not
think that there is any doubt but that Cieye-
land delegations will be sent 10 the National
convention from all OF the States ! have Wis
tied"
Regarding Governor Hills presidential
aspirations Mr. Grace said that ne had never
heard bis name scriOuly mentioned as can
didate by any prominent man. i DO not De-
heye." he sand, that the Democratic cont
ton will relieve him of ms duties IN the Nen-