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Kaminski, John P.; Saladino, Gaspare J.; Leffler, Richard; Schoenleber, Charles H.; Carlson, Marybeth (ed.) / Ratification of the Constitution by the states: Virginia (1)
8 (1988)
Introduction, pp. xxiii-xxxix
Page xxviii
I. DEBATE OVER CONSTITUTION tion was still remembered. On 1 November 1786 the creditor faction in the legislature, led by James Madison and allies of George Mason, overwhelmingly adopted a resolution charging that paper money "would be unjust, impolitic, and destructive of public and private confidence and of that virtue which is the basis of a republican government." The legislature also defeated some other debtor relief measures, although it passed a law permitting the payment of 1786 taxes in tobacco. In the spring and summer of 1787 petitions for a variety of relief measures were circulated and articles on these subjects appeared in newspapers. John Marshall was worried that debtors would gain control of the legislature in the April elections. Some debtors, however, began to take more drastic actions. They tried to shut down county courts, and they threatened sheriffs who collected taxes. In May the court- house was burned down in King William County, and in July the prison and county clerk's office in New Kent County were destroyed by fire. John Price Posey was arrested for the New Kent burning. In August an association was organized in Greenbrier County to oppose the pay- ment of debts and taxes. In the same month, the office of the clerk of Westmoreland County was broken into and records and papers, dating back to 1776, were stolen. These activities were widely reported in newspapers and caused concern among Virginia's delegates to the Constitutional Convention. When the legislature met in October 1787, it received a number of petitions for paper money and debtor relief. On 3 November George Mason presented a series of resolutions condemning paper money as "ruinous to Trade and Commerce, and highly injurious to the good People of this Commonwealth." He challenged its supporters to "come boldly forward, & explain their real Motives" (Mason to George Wash- ington, 6 November, Rutland, Mason, III, 1011). No one came forward and the resolutions condemning paper money were adopted unani- mously. Archibald Stuart referred to Mason's speech as the "funeral Sermon of Paper Money" (to John Breckinridge, 6 November, Breck- inridge Family Papers, DLC). Again, some debtor relief measures were defeated, but two relatively minor ones were passed. The legislature amended the execution act so that it guaranteed that sales under ex- ecution would be postponed for a year if the property could not be sold for at least three-quarters of its appraised value. Another measure allowed tobacco to be used for the payment of 1787 taxes. Joseph Jones wrote James Madison that the execution bill was "calculated to give some relief to Debtors, without any direct interference with private contracts" (18 December, Rutland, Madison, X, 330). After exhausting the appeal process, the arsonist John Price Posey was hanged on 25 January 1788. XXV111
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