Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1895-01-29
The Virginia Debt.

ne virginia 0SLt.
The Virginia Legislature appointed Com
missioners ito adjust with West Virginia the
proportion of the debt Of the original State
proper to be borne by West Virginia aud to
apply whatever may be received from West
Virginia 10 the payment of thoee found en-
titled to the same
The Virginia resolution says:-
Whereas, Virginia has provided for issu-
ing. in exchange for the obligations OF the
original State certificates for such proportion
of said obligations as was deemed proper TO
be borne by West Virginia, to-wit. u OF each
obligation, therefore the Commissioners shall
in no event enter into any negotiation except
on the basis thatYirginin is bound for only two
thirds. All expenses incurred by the Com
missioners, including their pay, shall be paid
out OF the proceeds of settlement"
The House unanimously declined to nego-
tate with Commissioners acting under such
resolution. II is Obvious that consenting to
negotiate on the basis that Virginia is bound
for only two-thirds. is equivalent to admitting
that West Virginia owes the other third. The
outside World would be disguised with such
quibble as that Virginia only owes two-thirds
and yet West Virginia does not owe the bal
ance.
1t is obvious that the Commissioners will
| get no pay unless there is a settlement They
are to be paid out of the proceeds of a settle
ment," and if no settlement there will be no
F" proceeds
The Virginia Commissioners represent a
Wall street syndicate who have bought up
| most of the Certificates. The Commissioners
are simply lawyers working for large con-
tingent fee. 1t is obvious the Commissioners
| nannnt neuotiate eycent ON the basis set forth
IN the resolntion appointing 'heii.
me House resolved, "cs1 snsini" ue
cnnes 10 hesoI'ale WIN -, ~ '''
basis set iorth IN salo resoluuon' inefe7
upon the Vrglhla commissioners ne'
Lynchourg ana sent eon''nuiicat,on 70 .le
west Virginia senate, informing INC sehi'e
mat inc house hau hilsiutei pteteu '"e iss
ton oae Wouio tlihh 1iia' 'ile khouAo Cum
interpret pam ehghsh Us wen as 'nese
glnla attorneys VINO aie "ofA ioi W.
I'hsehs iee. tue tesO'.i'tOn 'PS"H
/ anu cav tnsili" neeu i'oU ''9A
| 'orheSs 10 iiIer pref hs ineanins. ~ ""' ~.
pertlhenee ior these 'lrginla uttofhcys 70 .eii
our sen ate lllal the HOUSE hhu nnisiHtefpIe.eu
pam eng'ish' ana inc Sehate shohiu huse "e-
chneo 10 receive inc coininntica'ion' eucn d
communication Wouid NOT nave oeen sen' eA-
cept py attorneys "oIhius ioi d % ~
contingent Zee sueh eoii''utis"''
would DC sussestcu ohh " pu.ues
that vast prohls WI. result u luz ne'
ture is trapped in'o discussion WIN u siut.'
Inc HOUSE eA 'le puoi'S '"Ns -
ana resolved NOT 10 RECEIVE oon'.n.s.9
actits uhuer suen ieso.." -.
passeu. Du' 'r,s ,.l, ; w >. ~ -,
'no - 80 -. - - ~ 49,.
~ 1,...,a.. .,..:
ino, t,,o House ,vos stonned SUSPENDED hing
ne ,,,,,eterio,s,v dison,lc,rad on its wnv to
~, s,,',..a ,ot ;,,. tot distant Ia not tho
IN ~ -. -, -
state IN u"nSef "heh NJ o,i"'' 10 ii"uo "
| expose such a scandal rs this?
Tho Syndicate wanted deInx. thew are try
80, 20 i,,a,,,,,,ro,o !. dioo,ssion IN force the
my 10 lnausuI"'e u "isc"esi0i :" ioiSe 'ne
Legislature into embarrassing commitments.
| The Virginia Commissioners arc schemipg to
-, ;-,.;ted -, o,,,,oa,. ,,ofrrs Tho senate Com-
W -, ~ =. SS..
| mlttee. The scheme ls, 10 oegm u discussion
which will advertise this State es consenting
| 70 ,,o,,o+;oto NJ, ,I,a hosis nronosed hv Vir
W -, 90.
| GINA. great morse VIII oe made IN 'he
| papers, no one will have sufficient motive to
incrr +,,o axrerso of rubl,, hin q Whist the Syn-
-. 81, i,,.,,,o..a, nc a., eoro,o ron,-
uie"'o "isn NuPPteHSeu - .H9
mittcc is inYeigled into receiving these Com
lnlssloners' then aeoS eg"ation is COM
meneed WINCH whiie injurious 10 inc state
can Oeneht nooody except tue lcw wan street
SPECTATORS VINO are Dehinu 'l's conspiracy
| Inc house feeolutioh uiu NOT reoch tne
Senate Tor several DAYS, ms secured SUM
clcnt oelay LOT inc van sueet SJhoicaIe 10
call meeting OF Inc commissioners, VINO
teiegraphed to the senate such coHmuniea-
ton as they hopca would commence dis-
CUSTOM
The communication of the Virginia Com
missioners is as follows:-
Whereas, the House misinterpreted the Yir-
GINA resoint9n; anu paase;a tne t Ear
set forth and
Whereas. by the terms of said Virginia res
olutlon the Commissioners have power to treat
Win VIII tne M e,tonan{ aud WIN res
Whereas, there is no claim. either by the
terms of the resolution or 10y the Commission
ers, .hns 'es' Siio'u "'S''''' 70
Therefore the Commissioners discIaim any
desire to ask the Legislature of West Virginia
to settle on basis that wo9ia d, nix on them the
ers nronosc neSotiations on a,,y basis tInt viii
ASCERTAIN an equitable settlement of West vir-
ginia's debt and viii, II desired by the West
", bn ,ais 81 tne Whcniing SrdinanJcn
T