Forty Years of Active Service Being Some History of the War Between the Confede
Forty Years of Active Service Being Some History of the War Between the Confede
S20experiences20of20four20years20from20priva
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It was contended by the opponents of the bill that the leg islature had gone too far and acted too generously when it converted accrued interest into principal ; that Virginia had been in the fiery furnace of war and had lost as no tongue could tell or pen describe; that she had lost millions in slave property; her fields had been laid waste; her homes, barns, mills, and factories had been reduced to ashes; her implements of husbandry broken up or destroyed ; her bank ing institutions had been ...wrecked ; that she had been stripped of a vast part of her territory, to whose future development she had looked to immensely increase her taxable values and which had been in a large measure the inducement to con tract the debt ; that the only money she had with which she could have paid interest for four years was Confederate 13 194 FORTY YEARS OF ACTIVE SERVICE currency, and this her creditors would not have received if it could have been tendered to them ; that it was not equit able, under all these circumstances, to require the people of the State to pay interest upon interest.
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