The times. [volume] (Richmond, Va.) 1890-1903, 1891-07-08
PARSONS PUBLIC DEBT TALK.
1 Member Of the Committee Denies Some
Of His Statements.
MALL STREET SUFFERING FOR GOLD
Too Much of Our Coin shipped TO Europe
Leary's Immense Lumber Ran Ar
rives-New York News.
NEW York BUREAU. RICHMOND TINES. !
-' Is,lr = 1901

article on the Virginia debt settlement ques-
ton signed 10y II. C. Parsons, OF Virginia
Tar TINES correspondent showed the article
20 one Of the prominent members OF the bond
holders committee to-day. who said that 1t
was full Of manifest errors. The writer,
said he evidently forgets that the founda-
ton of the whole scheme Of settlement is
based upon the principles Of the Riddleberger
bill of 1882 and any one who has read the
official papers which have been issued by the
bondholders' committee will see that they start
out with a distinct declaration that settle
nent must be had upon the principles Of the
act Of 1882.
NOTHING NEw has TRANSFERRED.
Nothing new has transpired lately on the
question, and the committee feel that 70 say
ANYTHING now on the subject would have only
the effect Of producing public discussion
which would retard the progress of the Work
which is going on. All that remains, as
view il, is that close figuring and good falth
on both sides will only BRING about sa'is-
factory result which may be looked tor at a
distant date There IS no difference, as the
Tribune article intimates, between the
American and the foreign bondholders-both
are the same committee"
BURIAL OF W. Il. STANFORD.
william II. Stanford. vice-president Of the
Old Dominion Steamship Company was
buried TO-DAY from his home III jersey City.
He was born in England, WAS hity-three
years OF age. and came 70 this country IN
childhood For the last twenty years he had
been connected with the Old Dominion Com
pany serving il as general agent and then rs
secretary before he became vlce-presldent.
The first native woman of Iceland TO arrive
here-Mrs. Yeimaussun came by the steamer
Siberia with two sick little ones with her, TO
the Barge Office to-day. They are bound for
the West
wAII-sTRETT NOTES.
Wall street has been suffering during the
past few months because this country has
sent N 900 900 of its gold 10 Europe. and
there has been no sign of any coming back.
To-day there was rumor IN the STOCK TX
change that 100000 gold was coming TO
New York by one Of the ocean steamships.
A few gullible traders bought stocks on the
strength of this before they found
Ont that the funny man had
started the rumor. and that the gold
coming back was the s1,GO0,0gO which
went out on the Sersia on Saturday. The
street is awaiting with some lmpatlence 10
learn what Louisville and Nashville is going
10 do about its dividend. While 1t IS gen
orally believed that the full - per cent. Will
be declared there appears to be enough doubt
on the subject to cause considerable uneasi-
ness.
The subscription books for the S20000OO Of
per cent cumulative preferred stock OF the
i. Lorillard Company opened this forenoon
Offers for subscriptions were very numerous,
and it is believed that there Will be an over
subscription.
LEARY LUMBER RAFr.
The fifth and largest Of the Leary lumber
RATS from ST. John, n. b., arrived at New
town Creek Greenpoint, this afternoon In
tow Of ocean tugs. The raft is built in
ou,oh txft
feet in length forty feet wide and nineteen
feet deep They are separated by spaces of
eighty feet and Joined by WIRE ropes or
chains. The entire distance from the first
tug TO the tail end of the raft ~ nearly four
thousand feet, making the largest tow of any
contains upward Of % 900 feet of logs lineal
measure, and nearly 100000 feet board
measure. The Messrs. LuckenOach received
81, 900 for the towing, al amount which pays
them well for the enterprise but which IS
nevertheless much below the cost of bringing
lumber on schooners as by that method three
cents per foot is charged for freight. The
raft contains oyer thirty-hve schooner loads
of timber.
THE NEW CAPITAL PUNISHMENT.
1t is the prevailing opinion here that it is a
curious inconsistency in the new law regulat-
ing capital punishment IN this State that
while it was ayowedly designed in the cause
Ol humanity ~ luuAc uitliNl vi Auif Ntildil
by providing that the condemned be kept
uncertain as TO the hour and even the day Of
their death The series OF appeals which
have caused such delays that any execution
seemed for time improbable, was OF course
not contemplated by the law. but what senti-
ment but maevolence Is gratifed by keeping
the doomed wretches themselves IN agony Of
suspense.
In time of peace, too, and in civilized
land. what justification Is there for forming a
i. tl...t.
penalty of death Ii not this more suggestive
of Russia than Of America And if the guards
had shot and killed an oyer-curious reporter.
would tho warden have been held guiltess of
murder, The business of taking human life
is at best barbarous and Infamous. but might
it not be made less so than by these strange
methods at Sing Sing;
CONVENTION OF THINKERS.
The annual convention of the American
Pathological Association was opened in
Princeton n j., to-day. large number of
members OF the ASSOCIATION are present at the
convention which will be In session for sew
eral days. Some important papers upon philo-
logical questions are to DO read and brought
under debate this year.
On Thursday next the tenth international
convention OF the Dung Peoples Society Of
Christian EndeayoT will be opened in Mime
apolis 1t will remain III session till the end
OF the week.
An INTERNATIONAL cOnVontlOn OF managers
of penal and insane institutions and of dele
gates from medico-legal societies will be held
next month at Christiana. Norway. There
Will be American representatives at the con-
Yentlon.
convention of European geological socie
ties will be held at Freiburg Germany, FROM
the 9Th TO the 10th of August.
NEW YORK EIGHTY-NINE MILLIONS RICHER
The Board of Aldermen met yesterday in
pursuance of the law requiring thom TO re- |
ceive the tax rolls on the first Monday in July. |
The rolls were referred 10 the finance com |
mlttee. They viii be open in the office of the |
clerk % the board for fifteen days for inspec
ton by property owners.
The assessed valuation of real estate by |
wards shows an increase from the figures Of |
1890 ranging from 800, 800 in the Fourteenth |
ward 10 S19, 244, $40 in the Twelfth ward the
total increase being 500, 957, Sl3 The assessed
valuation OF personal property IS l. 1875. S57. SSS
an increase of Sl2.9ll 1875 over last year. The
net increase Of valuation is therefore sss SIS
948. The growth in this direction and the
natural increase IN the city's expenditures
have kept such even pace that it is calculated
that the tax rate will remain al the present
low figure of l.97.
GRATEFUL FRENCHY.
When Lawyer House, accompanied bv his
collaaDuo4 md Lrian1