Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-09-25
HOPE NOT GIVEN UP.
eGOTlATlONS.S STILL PENDING AND
BOTH SIDES DESIRE SETTLEMENT.
The Outlook Not Very Encouraging Per-
haps. But There VIII He Further
Correspondence.

Have the negotiations between the New
York Debt Con nittee and the Virginia
Commission fallen through or reached
such point rs to remove all hope on the
part of the New York people of efiecting
a settlement between the State and her
creditors?
This Is an interesting question Just now
and one that IL claiming a great deal of
attention, especially in financial and po-
htical circles.
The Norfolk landmark. which is usually
very accurate in its statements touching
MS subject, seems to take the affirmative
view on tins point. while members of the
COMMISSION resident IN this city hold
contrary belief, and advance IT "a their
OPINION that both sides feel hopeful that
good may yet result from the negotiations.
Here Is what the Landmark said yester-
day IN its editorial columns: We regret
to learn. as we do from New York that tho
Debt Committee has practically given up
hope of settlement with the State. Just
what phase the matter has assumed we arc
not advised, but 1t Is sufficiently dts
couraging TO learn that progress III the ne
gOtIatiOn is about to stop"
WHAT Mr.. CALDWELL SAYS.
This paragraph was shown by repre-
sentative of the DI@pATCH to Hon. Il. H..
Cardwell. one of the members OF the Debt
Commission created by the General As
sembly at its last session. and he. after
reading the extract carefully, remarked
that there was no information IN his pos
session that would warrant hlm III reaching
any such cOnciusiO Oh as that arrived at by
the Ldtnuurk.
"On the contrary" continued the Speak
4. r e fla II.u-. all that | know Hf flp
matter leads me to believe that the New
York committee. like the Virginia cOmmi.-
sion. still eutcriaIns the hope that good
will vet result from thcneGOtlatlOns which
are still pending. Another cOImuulca-
tion will soon pass between the Governor
ana the committee. and have no doubt
the matter viii then be pushed further.
OF course do nol know from " hat source
the L,mdmGrf received Its informatiol,
but DO hot think 1t Is exactly correct"
THE COMMITTEES LETTER.
~ have only hal five minutes talk with
the 1oNernor.n Mr. Cardwcll SAID further
on, "siuce he received the last letter from
the committee to which your paper has
already made reference. Mr. Nlcbham
ani !. the only resident members OF the
commission, were ont OF the city
when tine communication was sub
mltted 10 tle Governor and We
were unable To meet him until tine
first OF TINS week. Wncn he was Just about
to leave for the inspection OK the oyster
grounds. We Only had fiye minutes. and.
OF course. had to talk the matter over
very hurrIedly. IL Wa then the Intention
Of the Governor to write u the othtf
members of the commission, and after
hearing from them 10 answer fully the
committees letter the receipt OF which
was promptly acknowledged"
NoT EXACTLY PROPOSITION.
This communication from New York.
Mr.. Cardwell saii. could hardly be ca i
a au,opoeltIon. but outlined the basis upon
wnich the committee mighttrane anothc
proposition If the COiLmlsslOn would en-
trrtaln IT.
The figures given were rather more Ia
vorabie 10 the State than those cohinln' Il
in the proposal submitted some months
ago, but the Yarla:lC rs were not a. nDtrai
as the commission had hoped for. While
Mr. Cardwel dld not feel aui horned -
say as much. lt Is reasonable 10 lnicr ina,
the Governor. II the event that the non
resident members of the committee concur
in the views held by INN and Messr-.
Wick ham and (1rdvciI. VIII ~ his reply
inform the re- IOtK committee that they
cannot entertain su proposition "S II
outlined IL the committee ; recent letter.
THE GO.iE, a's STATEMENT.
The Governor upon being shown the
paragraph later in tle evening SAID ;hat 20
lar n, he anew thelc Was no authority Tor
thc statement contained therein About
ten davs ago, he continued. be received a
COMMUNICATION from tGe Olcott Commit
tee through Colonel ". V. Gordon. but
there was 10 instruction III that
communication that thc matter would
nj tc pressed He triel To COM
municate with the resident members
o.. Ethe Sta,e Debt Commiselon-M Messrs.
WICK am and Cardwell. but could not do
SO. and then replied To- me communlca-
ton stating that fact, and that some ot the
pew r.sldrn; members We're ont OF the
state and others engaged IA the canvass.
Subsequently, and iu,t as he was about 10
start 10 ion Governor jackson Messrs.
Nickham aud Caldwell called on hin,
were shown the communication and some
1--WE minutes tal6 concerning II was had.
Further than this the Governor declined
to talk.
,r. William J.. ROvall said h. knew DO
thiuo about the matter and IL far "a lie
knew there was no authority for the aver
meut III the paragraph.