Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1859-05-20


uarily less than if the appropriations extended
to purposes Of an unconstitutional even doubtful
character. Since 1s45, the last time the DemOcra-
tic party had control Of the Legislature up to 1851
the taxes Of the State had enormously increased,
and it remains for the people to say whether they
shall continue in the same ratio be reduced to an
economical standard, If they elect Gel, NEITHER
LASD and his party, and inaugurate the policy
touching appropriations TO which he is committed
the taxes of the State must continue to increase.
We base this assertion upon the fact that he intro
duced and endeavOred to pass through the Legisla-
turs Of 1872 bill apprOpriating $4,000 of bonds
Of the State to sn Odd Fellows Ledge If it Ia leg
iimats to appropriate the bonds Of the State, shch
The people have to redeem, to enc private assOcia
lion, it is equally legitimate to appropriate them to
other private associations and not 70 do 50 would
make the Legislature but the more partial in its
character he also advocated the policy Of appro-
pristing from the treasury Of the State, moneys TO
be used in cleaning out creeks that only serve
neighborhood purpose, aud are 10 more for the gen.
eral god than would be the opening of neighbor
hood road or The construction Of merchant mill.
lie also voted to take from the public treasury
money for the endowment of Colleges for the eduea
ton Of the professional olssses-money collected by
revenue officers from the very men in whose hands
he had refused to exempt from execution the
last hoe, the last plOw, aud the last horse =
This question Of appropriations will also .come
before the next, as it has before every prece-
ding legislature, and it becomes matter for the
people to determine whether they approve or con.
denim the policy of Col NETHERLAND and his party.
Fourthly, the policy to be adopted relative to
Banks, has awakened general interest, and, while
protesting great frankness OH the subject, Col.
NETHERLAND and his party would like to conceal
the real position u which he stands committed by
the promptings of his federal nature. He chooses
TO place himself before the people the candidate
Of existing Banks The restrictions thrown around
them by the last Legislature were opposed by the
representatives, of his party. In what respect they
would reform tho present system if left solely 30
them, ths public are only informed so far as they
can gather it from the position tlken by Col.
NETHERLAND when in the Legislature eight years
ago. He favored then, by his votes, the policy of
exempting the stockholders of Banks from " iEdi-
vdusl liability" for the redemption of their notes,
which are generally found circulating among tAe
lsboring people, and of making them Individually
liable to depostors who are generally found in the
cities and towns among the commercial classes.
While concurring with him as to the prOpriety of
this security TO depositors, we are unable to see
what claim they have to security that cannot be
urged with ten fold force By the innocent and
protected note-holders. The merchant who makes
his deposits with q particular bank acts from no
compulsion.- It is mere private convenience and
transaction to which the State is in no way
party. He does it upon his own responsibility and
upon his own judgment. Not 50 with the people,
scattered over the country, who have received the
issue, of the Banks, created by the State, much
value for their labor They compelled to receive
such currency is found in circulation and
authorised by the laws. They are at the mercy
of the Banks, and when q failure, defalcation
suspension occurs they are the last to receive the
intelligence and, consequently, the least protected
of its creditors. And yet the policy of Col. METH
ERLAND is to give security to depositors which he
denies to the holders of The notes. Col NEITHER
LAND further insists that the Banks shall have
"vesed rights" and that the Legislature shall not
retain the power TO alter repeal their charters
when, by Encouragement or otherwise, they fail to
subserve the public good, and have become public
evil He is not afraid to trust the people to the
tender mercies of the banks, but he is unwilling to
trust the banks within reach of the people He is
not afraid that the banks, in their charity, will
wrong the people, but he is afraid that the people,
in their injustice will wrong the banks. 1t becomes
well to enquire, therefore, if Col. NETHERLAND is
elected Governor, will it be as the champion of
the banks or the champion of the people, and re-
gsrding the banks more honest than the people,
whose interest will he most subserve the interests of
the banks or the interests of the people?
These are grave questions to be considered. That
they not discussed by Col. NEruERLAND, is only
because he understands the popular judgment to be
antagonslic to the federal procivities which have
always shaped his course. JoHE NETuERLAND, the
Opposition candidate for Governor is the same
JOHN NETHERLAND who has heretofore opposed the
policy of exemping the last hoe the last pillow, and
the last horse of the farmer and the tools of the
mechanie-the same who has favored the exemption
of the capital of the shaver and the pleasure car
riages Of the wealthy from taxaton-the zane whe
opposed the making of the stockholders Of banks in
dividualy liable to the holders Of their notes. but
favored such liability protection to the depositor
the same who, while sillng to exempt the shaver
and not exempt the farmer and mechanic, favors
the appropriations of the public moneys to private
same who, while unwilling to trust the
banks to the government of the people, is willing to
leave the people under the government Of the banks
If JOHN NETHERLAND represents the sentiments of
the people of Tennessee these questions, he is
eminently worthy of their support. II they scorn
such sentiments as unworthy free peopls, they
should the man who stands out as their cham
piOn aRd representative.
We copy the following from the Banner Of ysster-
day:
WHICH KNOWS BEST The National Era the re- |
coguized central organ of the unsdulterated Black
Republicans, says:
The Nashville Republican Banner, the organ of I
JOHN BELL, is spelling all the fine prospects Of that
gentleman for the Presidency by its abuse of
The Black Republicans"
(which knows best?" We suppose the question
means, Which knows best-the UNION AND AMER1-
CAN or the National ErG-whether the prospects of
JONI BELL would be advanced or injured by the
abuse of Black Republicans by the BGnner2 We
suppose the National Era knows best, and we ex>
pec hereafter to see the Banner govern itself &C.
,ordingly
There is, however, in this little paragraph from
The National Era ample justification for every thing
NE have charged agsinst the Opposition in Tennes>
lee on the suoieet of a coalition That manor