The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1865-11-16
rHURsDAY. YovEMBER 10, 1866.
southern Rebel Debts---A Card from
col Torbeff

Col. TOrbett.
lro-respouieut Of the New York Herald
receauv did Col. Granville c. Torbett, late
President Of the Bank Of Tennessee, great
iuiustics bv incorporating a conversation
Of has IN regard 10 he Southern rebel debt.
In the Herald. Of sunday, We find the fol-
lowing card on the subject
10 ne Elror o. the Herald
NAsHIScT0N, Nov. 4, 1855.
y,orr Washington correspondent, in his
let ~ of The 3eth ult., processes 10 give the
.,,lstsuce OF nay remarks in q conversation
ID Wiliars's hotel between Mr.. Duncan and
,nvsslf. in the presence of General Jackson,
- fe5reia- Your correspondent was not
,..s,,,t ,rben we commenced the converse
iion. neither vas he present at the close.
Tor his resson he inexperienced my po-
sition In regard 70 the policy which ! be
Heved The Convention Of Georgia should
sdopt with reference 10 the Indebtedness OF
he STATE. I admitted then, as ] have at
gutimes since the war closed, that the debt
created By the several States in aid OF the
rebellian must be repudiated. ii the cen
versad0n referred 10 I said that the State Of
Georgia had created a de7t on account Of the
several counties and some OF the corpora
tous Of different character, and the policy
OF reuudiEtirg that class Of Indebtedness I
did object % and oppose. In doing this il
was not my intsnton 20 den unee the Pres
ident or his views in regard 10 the Georgia
debt, for they had not then been announced
- far g. 1 was informed, nor do I know thst
be has yet expressed any opinion pertain
ing 10 the partcuiar debt, the Reputation
Of which I opposed. ! did not think it
proper for the President 10 interfere, bu.
believed that be should leave it TO she con-
vention and the people todetermine % 10 the
business OF the county and corporation debt,
and whether il should be paid.
regard the policy Of President job nson
f1r the restoration OF the Southern States 81
a wise one, and the best that could have
been adopted, and 80 believing have sup
ported d cordially, and intend 10 DO 90 mere
after with aa TIE sblity / possess. Il is,
therefore, unreasonable 70 suppose thst
would, while entertaining these sentiments,
deuounce the President.
N Justice 10 me 1 respectfully request the
publication OF this note ia the Herald
Very respectfully, your obedient servsnt,
o G. ToRBETr.
II the policy Of the President "for the
restoration of the Southern States' is
"Wise one,7 then it was unwiss in the Geor-
ga Convention % hesitate about con forming
g. It. and repudiating the rebel debt prompt
By. and very proper IN the President to give
that body the hint be did when il manifes-
tsd signs Of honoriog the debt.
We are glad TO have the colonel's prom
he 70 support the Presidents policy ''here-
alter with an the ability he possesses. I"
His influence VIII be potent for good, no
doubt, amongst HE old friends In Tennessee.
~ presume al Of them know what the
rreaienta policy isl
tst. Beuuueiation Of secession.
"a. Recognition Of the abolitiou Of slavery.
81. Reputation q the rebel debts.
4th. Provision by law for the protection
Of the ireedmsn's rights Of life, liberty,
properly, 90 testify IN the Courts the same
a. white man.
9TH. The ratification Of the Constitutional
Amendment