Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1892-02-19

particularly were very wiling 70 subordinate
Their objections 70 the general welfare.
MT. Csrdwcn referred 70 tAs fscs thAs u had
given 70 the Readiusters for the results that had
boon accomplished and said he denied this.
" All honor and credit" said ~, should be 90
corded to that largo majority Of ths Resdiustcrs
OF virginia who, Hctnatcd BY kindest impulses
and sincere motives 70 prevent Virginia from as
saming 10 pay more than she was able 70 as
snme, and thereby shc woald, Of necessity. have
incurred me odium Of Reputation, WIN All ~
the fact that they ere with US to-day"
The Speakers closing words were clothed In
beautiful language, and when he resumed his
scat no was literally appIauded.
TuK COMMISSION nus JURY.
Mr.. Withrow advocated tho passage OF ths bill
In brief and forcible speech, after reviewing
the work OF the Debt Commission, and Ia conciu-
sion said; "That body (the oommtssion) wac So
iectcd from the General Assembly. and those
men, some OF whom know personally, have
done everything to bring about tho settlement
know that those gentlemen would not do any
thing that was not right and proper. have so
lectei them as my Jury 70 settle icr me, ana
gentlemen. iAppiause.l Mr.. Speaker. there
has been something said In the last few minutes
IA 70 the sentiment OF tho people whom tho dclc-
whom at homo during the holidays every word
said 20 mo In regard 70 the State debt was, For
Gods sake scttle that debis and don't leave
Richmond until II IL settled. am bore TO voice
the sentiment Of these people, both Democrats
and Republicans, and TO accept the settlement
OF the committee
SEVERAL AMENDMENTS PROPOSED.
Mr.. Chambers, Of Westmoreland, called for
the pending question, which was voted down,
and Mr.. Cooke, OF Norfolk. offered a. an amend
mcnt to strike oat the following words Of the bill
In section z:
zach depositor shall, when he receives his
disiribuiive share Of the said new issue OF bonds.
pay TO the Commissioners Of the Sinking Fund
3,f per centum In cash OF the par value OF the
bonds received by him: and said sinking Fund
Commissioners shall cover the fund thus re-
ceiyed into the Treasury OF the Commonwealth
Mr.. Cooke advocated his amendment In a
strong speech, and was followed by Mr.. Mellet in
opposition 10 H.
The amendment was voted down. and Mr..
Munford offered the following In lieu OF the pro-
vision referred TO:
..Each depositor shall, whom he receives his
distributlve share Of the said new issue OF bonds,
pay 10 the Commissioners OF the Sinking Fund
81 per centum In cash Of the par value OF the
bonds received by him, or commission equal In
amount 10 that which may st any time hereafter
bo fixed by tho said committee OF bondhoders
upon any bonds deposited with them-not, how
over, In any case TO exceed 3t5 per cent and
said Sinking Fund Commissioners shall cover
tho fund thus received into the Treasury OF the
Commonwealth"
Mr.. Saunders offered as substitute for this
amendment tho following:
And each depoeitcr, when no receives his dis
triDutlye share OF the said new Issue OF bonds
shall ray 10 the Commissioners OF the Sinking
Fund per cent. Ia cash of the par value OF the
bonds, sad per cent 20 be fixed by the commits
sioners at stch sum as that II Will not exceed
the amount that would have 10 be paid by tho
owner o. the obligations II the same were funded
through tho said committee. In no case Is thls
amount 80 % be paid TO exceed ~ per centuf'i,
and when paid II is 10 be covered into the trea-
sury OF the Commonwealth by the Sinking Fund
Commissioners. The substitute offered by Mr..
Saunders was voted down and Mr.. Munfords
amendment adopted.
MIR. saunders moved TO strike out the clause
exempting the Olcott bonds from taxation. This
was defeated. Then In order 70 preserve the
States sovereignty over the matter ne moved
that the bonds should be taxable by future
Legislatures This motion was also voted down.
Mr.. Letcher also moved 20 amend the bill In
line IL. section 10, but the amendment was re-
jected.
THE BILL PASSED.
The bill IA amended was then ordered TO its
third reading aud engrossment, and the amend
ments being engrOssed II was read third time
aud passed. The vote resulted as follows:
NEkS.-Mossrs. Anderson, Anderson, BAKER,
Bendheim. Bersoley, BlakemOre, Bland, Boil
ing Bourne. Pnuip r. Brown, Browning, Burton,
Clarence j. Campbei, william Campbell, Cnau-
bers. Clemens. Combs, COoke. Craford, Dun
I0p, Edwards, fahrney, Parish. fortress, Glib
son. GoOde, Graves, Gregory. Hall, Harris,
Harwc0d. Howe Hubbard, Hunter, Hndgin,
John jackson, NJ. J.. jackson, Is. o. James,
Jones' hent, KcrfoOt. kOner, lawson, Lewis,
Lindsey, Maerudor, Mallet, John z. Mason, j. s.
Mason. Miller, Munford, Mcliwaine, Parsons,
Pitcher, Iu ley, Rhdford, Ramey. Rowe, Ryan,
Saunders, shackeiford, shepperson, snodgrass'
NJ. IL. Spencer Samuel A. Spencer, Stewart,
Stratton, Tabb, Charles s. Thomas. Nj. {.
Thomas, Tilman, Toney, Iripett. Utz, David
Frank White, William a. White, wilkins. VII
liams, Withrow. Wright, Young and MIR. SPEAK
er-S2.
NAYs.-Messrs. II. A. James, Letcher, and
Nolon-3.
Mr.. Clarence J. Campbell asked that the ABB
sentees be called, but Speaker Cardwell said
that there was no rule Of the House which pro-
vided for this.
The consideration Of the Kent railroad BILL
which was 90 have come up rs speclal oruer'
was postponed In order to give time for the dis
cussion OF the debt.