A. I believe, so far as my opinion goes—I have no facts to go upon, but merely base my opinion on the knowledge I have of the people—that they would be willing to pay the Confederate debt, too.
Q. You think they would?
A. I think they would, if they had the power and ability to do so. I have never heard any one in the State, with whom I have conversed, speak of repudiating any debt.
Q. I suppose the Confederate debt is almost entirely valueless, even in the market in Virginia?
A. Entirely so, as far as I know. I believe the people generally look upon it as lost entirely. I never heard any question on the subject.
Q. Do you recollect the terms of the Confederate bonds—when they were made payable?
A. I think I have a general recollection that they were made payable six months after a declaration of peace.
Q. Six months after the ratification of a treaty of peace between the
United States and the Confederate Government?
A. I think they ran that way.
Q. So that the bonds are not due yet by their terms?