The times. [volume] (Richmond, Va.) 1890-1903, 1892-01-23

has assets and that due schools and colleges
%. the Stale.
INFORMATION GIVEN TIE COMMISSION.
If ID boz asked why. with the figures here
given I withheld the information b. the
present time ] reply that J have given 10.
aud I'D re han once, 20 several members Of
the i0Iut committee.
ON the 9Th of November, 1890 in New York.
whittier the commissioners OF the sinking fund
bad zone boy invitation 10 a debt conference
with the Olc0tt committee. the question OF "A
basis of settlement came up. The sinking
fund commissioners took tho ground that
coupons excluded by the Wickham amend
ment should not be admitted. This point
was discussed and asSented 10 by the DlcOtt
committee On their return the commission
els reported their action and the result 70 the
Governor. and 10 was approved by him. Sub.
sequently r. full report of that conference,
written by myself and assented 10 by
my colleagues. including tabulated state
ment OF what the state owed under the Kid
dleberger bin, as 1t stood at that date. and
what she could paw. was read 10 Mr.. CardWeA
and he approved 10.
lu other conversations, certainly under
stood that ting basis " settlement was ap-
proved bv the Governor and Mr. Cardwell
Why should It not have been when the OlcOtt
committee accepted It,
Subsequently,. on the occasion Of the meet
inc 0f the negOtiatOrs in secret confer
erce. on the 2d Of Juno last. / myself
gave Northumberland Tyler and Hon
X. ri. Tyler each a copy OF tho same
statement and had a right TO presume that
one OF more OF these four gentlemen would
present these figures % the committee: and
take 10 for granted they dld 80.
CONSULTATION.
As TO the Consultation" which the report
states was had with the financial officers Of
] the Government / am not aware that such
wa held Toward the close OF the negOtia-
ton these officers were sent for by the
committee. without premOnitOn. and were
/ asked the simple question as q the ability OF
! The state % comply with the terms OF the
/ urOpOsltiOn under the present ratio Of taxation
! Colonel Marye and slr. Hartman both ex-
pressed their opinion that she could When
/ was called upon / said that. n my opinion,
the State could not. would not and ought
not 70 comply with the terms" | was ut once
| informed by Mr.. DaDney that the committee
! had not sent for rs to discuss those points
] but only 10 know what re thought OF her
/ ability 10 comply with the terms under the
\ present rate OF taxation 1 replied that On
! that point | must refer them 10 Colonel
/ Marye. and s. ended the consultation "
which did not last twenty minutes. and that
was the only occasion on which the sinking
fund commissioners we're consulted OF in
yited q attend.
Later. Mr.. Robert H. Tyler. who for several
years had been in active sympathy with us
came down. with the knowledge OF the com
/ mittee. 10 consult US as 10 how 10 should
vote. Colonel Marye and Mr.. Harman ad-
ylsed him 10 vote tor the settlement. | knew
that Mr. Iyler's views were not wholly IN ac-
cord with his colleagues aud that he had
other grounds for supporting settlement.
And know that # | had been IN his place and
had entertained the same views, | would have
voted as he did. Therefore advised him to
vote with his colleagues; and under the same
circumstances would do II again. ! added
that did not agree 10 this settlement and re
served the right TO say So but that woul(
acquiosco and make no fght on tt.
PERSONAL EXPLANATION.
Let me add. just here one word Of persona
explanation II had had more time for re-
Election would not have signifed even IN,
acouiescence in the settlement. But Oh,
haste under which acted, the anxiety OF Mr.
Tyler and the solicitations Of my colleagues