The State guard. [volume] (Wetumpka, Ala.) 1847-18??, 1847-06-08
Another Letter from Governor
Naaraisa.

Huntsville Democrat. IN which he vents
much spleen at the Democratic Con
ventoD, which nominated Mr.. Chapman,
and cools ii off by saving he has not the
least personal animosily towards that
gentleman, nor does he wish any of tue
delegates 70 take any thing personal, but
wishes to abuse them as much as pos
slble for nominating Mr.. Chapman. Oh
no he could not think of being so vul.
gar now, as 10 insult any of the dele i,
cation; but he brings TO our mind the
man that wished 70 accuse the other of
stealing when he said he did not say
thai he had stolen, but any man that
would do as he had, would steal. So
with Gov. Martin; the delegation was
not wrong, but they had acted very bad
IN nominating Reuben Chapman. He
talks about the usages of the democratic
party as if be had some claims upon the
party, HIS claims, if he ever had any,
upon the democratic party ceased 10
exist after his submission to whig wishes
at the last election. He undertakes 10
justify his course by procIaiming il the
action OF the people of Alabama, whea
every man. woman and child in the
whole State, knows that his election was
secured by political ,r,ckery and inrgu
ing. He was brought out by some pre-
finding democrats and wings in Greene
county, in 1874, and not by the peopte
as he so positively asserts-and one
would think from an impartial reading
Of his letter, that he had arisen from the
Nazareth and was The financial Christ
of Alabama. and that The groaniGgs nj
his fellow citizens of The State had lond
ly called for him second time. No, he
was brought out by di,satls fec ,ction,
and was supported warmly by the wing
party, and by the many false issues that
were brought about in relation to our
Bank matters, defeated Col. Terry. the
regular NOMINEE, by small majority.
and now he wishes falsely to impress
upon the public mind that it WAS "lhe
people" and no body else, that wished
him to serve as Governor much as TO
say that he was the only individual in
the State that could redeem the sinking
and degradation to which our State was
fast merging. No, we believe, with eve
~ democratic paper in the State, that
the people are now convinced that Col
Terry's policy for winding up the banks
was the correct one, and the one which
should have heen adopted And had
his admonlions been needed. the saving
to the State would have been immense
perhaps mIlions-and no one would
have had cause to complain of the high
taxes, which the course pursued in Ii.
quidaIng the bank debt, has rendered
inevitable. Three years ago the inter
est paid by the bank debtors was equi.
valenl to that paid by the State on her
bonds, amounting annually to about half
million dollars. Now the interest on
the bonds has not been lessered; Wills
the claims on the bank debtors have
been mainly cancelled or otherwise lost
to the State-leav,ng the people to pay
the interest hereafter accruing. by direct
taxation, as their only resource. Then
the banks received interest on seven
millions debt that was considered good.
Now it is believed that this debt OF seven
millions, which paid interest, will &C :
complsh in the winding up, bu, little
more than redeem the circulation of three
millions, on which the State received
interest, but paid none; and perhaps
refund the money paid into the banks
by the 10Th section School Commits ion .
ers Now, We are all bank directors
for the bUrthcn has been lifted from the
shoulders of the bank debtors that were
whilst they in turn, have sought relief
from the banks OF other States. and cap
tia lists with our limits. Then we had Il
circulation of three millions, Alabama
currency, secured by seven millions
debt that was considered good. Nov
our currency is furnished mainly by the
banks Of Georgia and other adjacent
Siates-.bnt whether the security for lis
redemption, be as solvent as was ours
;s a matter susceptible OF doubt. But
wnst has been done, cannot be recalled
and i; is the duty of every good cii-
zen to pu, his shoulder TO the wheel, anc
sus ain at all hazards the honor anc
pllghted faith of the State.
Judge l. gon delivered Lecture OF
Temperance to q large audience IN ths