West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1908-07-30
THE VIRGINIA DEBT SUIT
Appoint Commission Of Five Best Men
from Both Parties.
ONLY MAY TO PREVENT GRAPTlHG
Conspiracy 90 Tide Over Charleston ton.
vention-waii Streets Part
la the Game.
ARTICLE 3.

| ARTICLE 8.
Before presenting what must be
the courts action, we appeal to bust
ness men To consider that a matter
Ike this rs never managed with hon
est intelligence unless the class 10
which they belong become interested
Tor the states safety. We beg them
to consider that, II they do take in.
terest, then commission will be
appointed of our five best Republi
cans and five best Democrats. men
who will be universally accepted as
capable, honorable, aud thinking
about the states interest and no,
about making money out OF her dis
ttess; a commission independent OF
machines aud politicians, withou,
motive TO conceal facts for political
effect. but eager to give the public
full information. We ask broad.
gagged business men to consider
that If proposition for settlement
comes avouched, indorsed, and rec
commended by such commission
proposition Whereby every dollar
taken from the taxpayers pocket
will go direct to the certificate owner
without anybody getting a rakeoff-
then, IL settlement follows, our per
cent bond, will sell at par and all OF
lh-m will soon come home.
Recolleot that home held debt
is not half SO heavy as a foreign held
deb:. because the interest money
remains within the state. On the
other hand, let business men con.
sider that a deal with Virginia at.
torneys commences with a $7so. 600
rakeoff. and that there will be Innu
mrrable other rakesuf, both ia Vir.
sinia and on Wall street, before any
actual owner Of certificates ever secs
one penny. Not only so, but q = 81
win these attorneys, and especially
deal under the auspices of fake
committee, conceived in the sin of
a midnight conclave and born In
the in'qnitS of an illegal JOINT secret
session. viii come reeking with doub'.
suspicion, aud distrusr, and hence
our bonds will not sell above 90 per
cent
Recent Letters show that the debt
grafters who have misled leading
Democrats who are disposed to pro-
tect the stGte Eut are ,o1 busy To
give attention, aud that unseen but
organized influence will be concen.
trated at Charleston TO defeat a res.
olntion as follows:
This convention recommends the
defeat, r,giTdless Of party, Of any
candidate for the legislature who
does no, make prompt and explicit
pledge iha., II elected, he will vote
for such a nonpartisan commission
to- take care Of the state about this
debt SUIT as was defeated m the sen.
ate January 7o. 1907.
But this resolution will pass il a
hearing is forced for truth. For
example:
:. Virginia has two distinct de.
maids ou West Virginia. Flrst-A
demand for the proportion Of the
debt which was fixed on West Vir.
gina by the ordinance dividing
virginia. Second-A demand for
certain property, owned by Virginia
~ West Virginia counties, which was
transferred to West Virginia by the
act Of 1863
2. Virginia issued certificates ia
represent her demand under the or.
dinauce and notified West Virginia
TO settle her part of the Virgins
debt by dealing directly with IN,
persons to whom she issued the Ger
u6cates. Ia other words, Virgin.
assigned her demands under the or.
dinance. Virginia did not assiyr
her demand for the value Of propert,
transferred by the act Of 1863.
3. The convention which divided
Virginia IN 1907 intended that Wes
Virginia should assume a debt equs
to the amount spent tor roads, etc.
within her limits. Investigation as
certained that stating the ordinanc,
account on strict legal principles, a,
II will be stated by the court, bring
West Virginia in debt for 90 67s ,ooC
as the minimum. Investigation alsC
sscertsined that il was unlikely ,ha
the court would tx the value Of tn,
property, under the act OF 1863, a
less than three millions. Ia othe