The times. [volume] (Richmond, Va.) 1890-1903, 1892-02-19

ing out OF the existence OF Alexandria there
We're frequent scenes of disorder on certain
ttains gong TO and from Alexandra To wash
,hgton. that the approaches TO the Long
bridge and the Aqueduct bridge were m
tested about nightfall and at other times with
a set of disacreeahle and at times dangerous
hangers-on. attracted by the gambling opera
tons at jackson City. Mr.. Saunders SAID that
there were other pOOl-rOoms that TINS bill
would break up and that the second amend
ment should be rejected, and the bill as
amended by the House then passed.
TIE STATE DEBT.
The state Debt bill then came up as special
order. ON motion of Mr.. Munford the House
AGREED 20 substitute the Debt bill passed by
the senate on the previous dav and reDOrted
that morning. Mr. Munford then offered
several amendments of q technica character.
which we're agreed TO. Speaker Cardwell
smoke nj some length on the bill and ex-
pressed as his opinion that the wisest action
% be taken was 20 deal with the bill as the
senate had done. Originally the bill had
been framed by "a subcommittee Of five who
had for weeks carefully considered every
thing pertaining TO the subject. The bill
was then unanimously reported by the Joint
committees. and while some differences Of
opinion on various points had been brought
out during the discussion In the Senate. that
body finally passed the bill without a dissent
ing voice. The speaker strongly advocated
the provision of the bill exempting the bonds
from taxation. lie also spoke in favor Of the
retaining OF the clause which provides for the
payment Of 80 per cent. commission by those
who want to fund their bonds. This commits
sion is % be charged by the Sinking Fund
Commissioners and reyerts into the state
treasury. Mr. CArdwell added that he con
sidered the bill far superior 70 the ldddleber-
ger bill.
Mr.. Cardwell referred to the fact that it had
been suggested that due credit had not been
given TO the Readlusters for the results that
had been accomplished. and said that he de-
MED this. "All honor and credit said he.
should be accorded 20 that large minority of
the Keadlusters of Virginia who. actuated 10y
klndest impulses and sincere motives 10 pre-
vent Virginia from assuming to pay more
than she was able % assume, and whereby
she would of necessity have incurred the
odium of reputation. With all my heart |
give them due credit and rejoice 10 the fact
that they are with us to-day"
Mr.. WithrOw advocated the passage OF the
bill in q brief and fOrclble speech. Il want
10 express my humble opinion as / feel it, ~
said he. My understanding 10 that two
years ago there was a commission appointed
70 try 10 bring about q settlement that has
yexed the people OF Virginia moro than any,
thing else except war. That commission met,
SITS. and spent two years IN trying 10 settle
this much-vexed question. At the expiration
of two years. lust before the General Assem-
bly convened, this body Jointly appointed
"a delegation OF members OF this body Tor the
purpose of concentrating the settlement
made bv that commission. That body was
selected from the General Assembly and those
men. some of whom / know personally. have
done everything TO bring about the settle
ment. know that those gentlemen would
not do anything that was not right and proper.
have selected them as my Jury to settle Tor
me. and / stand on this floor to accept the YER
dict of these gentlemen. Applause Mr..
Speaker. there has been something said in the
last few minutes as TO the sentiment OF the
people whom the delegates on this floor rep
resent. will say that when at home during
the HOLIDAYS every word said TO me IN regard
10 the state debt was for Gods sake settle
that debt and don't leave Richmond until It
is settled | am here TO voice the sentiment
of those people. both Democrats and Repubh-
cans. and to accept the settlement OF the
committee"
AN AMENDMENT.
Nj. Chambers. of WestmOreland, called
for the pending question, which was voted
down. and Mr.. Cooke. of Norfolk. offered az
an amendment 10 strike out the following
words of the bill IN section Z.
Each depositor shall. when he receives his
distributive share of the said new issue OF
bonds. pay 10 the Commissioner OF the Sink
inc Fund 315 per centum in cash Of the par
value Of the bonds received by him; and said
Sinking Fund Commissioners shall cover the
fund thus received into the treasury OF the
Commonwealth"
bir. Cooke advocated the agreement TO his
amendment IN q long speech. and was fol-
lowed by Mr.. Mallet. who opposed 1t.
The amendment Of Mr.. Cooke was voted
down. and Mr.. Muntord offered the following
Zach depositor shall, when he receives
his distributive share of the said new issue of
bonds ay 10 the Commissioners of the Sinking
Fund 3 per centum in cash Of the par value
of the bonds received by him. or a commits
sion equal in amount 10 that which may at
any time hereafter he fixed by the SAID COM
mittee Of ~bondbOlders upon any bonds de-
posted with them. not. however, IN any case
10 exceed 80 per cent; aud saldSlnklng Fund
Commissioner shall cover tie iund thus re-
ceived into the treasury of the Common
wealth.
Mr.. Saunders offered the following substi-
tute And each depositor. when be receives
his d%istriUutive share of the SAID new issue OF
bonds. shall pay TO the Commissioner Of the
Sinking Fund a per cent. IN cash OF the par
value of the bonds, SAID per cent. 20 be fixed
by the commissioned at such q sum as that 1t
will not exceed the amount tnat would have
TO be- paid by the owner Of the obligations If
the same were funded through the said COM
mittee. In no case Is this amount 80 to be
paid TO exceed 81 per centum. and when paid
il 10 TO be converted into the Treasury Of the
Commonwealth by the Sinking Fund Com
misslOneTs.
The substitute offered by Mr.. Saunders
was lost and Mr.. Aunford's amendment
adopted.
Mr.. Saunders then moved to strike out the
clause exempting the Olcott bonds from taxa
ton. This was defeated. Then in order to
TO preserve the State sovereignty he moved
that the bonds should be taxable by future
legislation. This amendment was also voted
down.
Mr.. Letcher also offered an amendment 10
section 10. line II. but II was voted down.
The bill was then ordered to a third read
ing. and by unanimous consent It was at
once passed with the amendment agreed
upon, a. stated above. The vote stood 81 IN
favor and 3 against the measure.
IhoseTOtiug in the negative were Messrs.
X. A. James. q. ID. Letcher and {. j. Nolen.
The following members were either absent
OF ior some reason decided not 10 vote:
Messrs. Brown. IF Bedford; Carter. Coleman,
Elis, Epes, Garland. Hoge, Matthews. Mich
aux. Peery. Sowder, Steel, Thompson. Will
cox and Wray-l5.
The bll as amended now goes back 10 the
Senate for concurrence. If that body fails
TO agree TO tie amendments a JOlntcJnference
committee wall be appointed by the presiding
Officers % the two houses, and the decision OF
TINS committee will be agreed 10 by the two
houses.
sale OF Fine Horses.
There vCaa a lqrya crovrJ -. ot4arIorca nncp