It is gratifying to Virginians and all
who hold her memory near and dear to
know that there is a prospect for an
adjustment of hor debt, which will at
the same time be satif factory to tho
bond-holders and relieve the Stateof the
stiiima of repudiation, which she seem
proved a plan, which is that the old
bonds be surrendered and cancelled and
new bonds issued for so much on the
dollar as the State can pay, on which tho
State is to pay interest without default
while providing for tho payment of tho
principal at maturity. The plan, of
course, recognizes the insolvency of the
State and puts her on the footing of any
other debtor, who desires to make a just
and honorable compromiso with his creditors.
It is to bo hoped that it will be
carried outandthequestion settled, which
has agitated tho State ever since the
war and given unscrupulous politicians
tlie opportunity for corrupting the
minds of the people and dishonoring the
State. But for it Mahoue could never
have strutted his brief space on tho political
stage and but for it, Virginia's
fair name could never have been brought
into disrepute. Let tho State do tho
air thing by ita and relieve
herself of n ecandal that now tar
nishes her proud escutcheon.
Col. W. 0. Bhadley returned from
Louisville Saturday, where he went to
have his throat operated upon, which he
thinks was very succensfully done. Wo
A nick state of afiairs exists in Nebraska.
