Abstract

Mahone's Work as a Repudiator
April 30, 1885 issue

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The article presents information on William Manhone's work as a repudiator. When Manhone appeared as a leader in 1873, there was no formidable repudiation sentiment in the State. A few people were in favor of getting rid of some of the burdens of taxation by the easy remedy of refusing to pay the State's debts; but the great majority of the voters were against such a course. The repudiation mania, which had made such havoc in many other Southern States, had not spread in Virginia. At that time the debt of the state, under the Funding Act of 1871, was in round numbers about $ 30,000,000.

See Also:

MANHONE, William; DEBT management; PREPAYMENT of debts; TAXATION; DEBTS, Public; UNITED States
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