Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1868-07-04
WHO KILLED COCK ROBIN /.

The New York Times has in It's fnan-
cial article Of the 30th ult, the following
reference to the late attachments levied
upon Tennessee funds in New York:
"The State bonds, at the Stock Exchange,
were especially agitated on Tennessees,
in consequence of the success of a con-
spiracy TO restrain the payment Of the first
Of July interest at the Fourth National
Bank tomorrow. The rapid reaction
against the bonds for several days past
seemed 70 foreshadow some sort Of trouble
either at Nashville or New York, or at both
points, not so much in regard to the re
sources and assets Of the State to pro-
vide the whole Of the July interest prompt
By in this city, az TO want of harmony
among the railway Presidents and the
Comptroller and Secretary Of State, on tie
one side, suspected Of fAvoring default Of
interest," and the Governor, Treasurer ard
Fiscal Agent on the other side, who are
known 10 be determined to pay the interest,
under authority of the Legislature, even
| though all the railways in the State should
| be placed in the hands Of a Receiver.
| These last-named gentlemen have been de-
4 feated to-day, in their anxiety and arrang-
ments for the July interest at the Fourth
| National Bank, by a seriss Of attachments
and Geographic instructions, which the
bank has deemed proper to regard, the at
tachments being founded on some incon-
siderable claims against the State on the
overdue bonds Of lS38-1868, and the in
struclions dictated from Nashville bv the
caprice Of the State Comptroller. Both
these legal or technical distractions are in
good part the result of prearranged stock
speculation here, against the bonds and
credit Of the State in which it is charity
TO presume that neither the officers nor
Directors, nor their confidential brokers of
the Fourth National Bank were in any way
concerned. II is also fair TO add that such
result would not have been brought about
bat for well laid and long meditated pur-
pose by certain railway and State officials
IN Tennessee TO bring about this Temporal
ry default of interest"
Here is direct charge that certain
officials Of this State, all of whom are
Radicals, were concerned with some
railway officers in a well laid and long
meditated " scheme to bring about the
default ia the payment Of the State in,
terest, which has occurred. 1.-THE Times
knows who these State officials are-and
it unquestiOnably desires to be so under
stood-why did it not name them? 1t is
true, it duplicates the Comptroller, but
why are the other officials, both State and
railway, not exposed If there has been
a conspiracy on the part of our Radical
officials to destroy the credit of the State,
as the Times charges, it is due to the peO-
pie of Tennessee that their names should
be known. Governor Brownlow has not
been at the Capitol in months, and knows
but very little as to how the affairs of
the State are managed there. Per-
haps it would make but very little
difference If he was there, as he is
incapacitated, notalone by failing health,
for investigating and giving the proper
direction to matters of grave and vital
interest This was demonstrated in the
manner in which the So called school
fund was taken from the control of
the Comptroller and the half of. it
lost lie seems not to have been
aware that this sacred fund had been
taken from the custody of the Comp
troller and loaned to a Memphis bank
upon insufficient security, for months
after it had been done. When it was too
late to save more than the half Of this
fund, the Governor in some unexplained |
manner became aware that it had been
wrongfully taken from Nashville to
Memphis, Now, when the credit
of the State is about to be /
ruined he expresses the opinion
that this is "a regular conspiracy Of |
New York parties" Here is New
York paper telling him that members of
has own government are parties to the
affair. Do the@eople suppose that if
the Governor had been "A man Of the in.
telligence and business capacity that g
Governor should possess, these frauds and
could have been successfully
and known to outsiders
long before the facts came to his knowl-
sdge2 Is it any wonder, with such stu
oidity in the Executive Department as
hese facts disclose, that the affairs of
he State are managed in a most bung-
ing manner Here are some very nice
'laoes for Investigations, and if the Lee
,islature possessed sufficient independ-
nee to rise above the groveling instincts
{ partisans, an investigation would be
at iUs coming session which
you'd expose the populations and con-
piracies which are running the credit of {
he State .. ,