Bristol news. [volume] (Bristol, Va. & Tenn.) 1867-189?, 1868-11-20
BROWNLOV,S MESSaGE,
He COIagrdtutdtrs the People on
the Success UJ his BLOOttHirSfy
Measures,

He COIagTdtHiatcs the People on
the Success NJ his BlOOtttHirSty
Measures.
The G"v-rnur's Message was communi.
Gated to the Srnste on Tuesday the 1Osn
Five thousand copies were ordered to be
printed and the various divisions Of the doc
umrnt referred to the proper committees iur
consideration.
He cOngrAtulatts the Senate aud House
# Representatives uron the election oi
Graut AMI Cofax aud claims tnat il "viadi
Gates the p dIcy of the State administration
ii Tenue,sse during the last four years"
the RAILROAD QUESTION.
"The six rsiiro .ds In tile hand. Of The Re
c-iv, r arr induntrd To- the State 81 inter
81 acc ,unt, due Jnly | 1868. nue mitiuu
ne hundrrd aud t~enTy thousand. niue nun-
tired aud nlu-ty six dpliSrs anl eighty SIX
cents. Tar interest ot these rlad| AS we'll
IS tust OF the State quires that they sh IL
10 sold :, And the proc eds thereof Oe applied
10 the reducti OF tue State dabt.
would have seq d tao other roads for
Cor failure 10 pay the July interest, aud
placed them IA tue b lnds uf r. ceivrrs, but
mat | han Learned by experiences 10 do -"
Sou,d uuly entail increased burdens upon
lh- Star- Treasury.
[ rrcumnend that no more appropriations
be made 10. rd,lr paha, except IN those cases
where the Staie has large inter- ST 10 saih
70 ads ami would suf heavy loss on ac-
cUuut OF such appro, d'ious. Of this cla,s
are ,h- rp d running out, north aOd -outr,
from Rockville, snd the one rxfe ding
,1nth rum Morristnsn and, also, the road
It winch Hon. Senator Parker is President
rhese roads, IA order TO become prof ab =
aud productive h. the State, will rrqar~
~ uGh additional appr 'priations 10 euiblr
heu o. cn,uplrte their lines, 50 As to CON
urct with ether 70 IDS now in pruc-ss of cOh-
structon. | pr"pnsr, however, 10 meet
THESE demands ~ way nnt u increase The
iahili les oi Ihr S ate. The plan 10 THIS:
Leading gruti-m-n connrcted with i'm
p"rtant railroads largely Indebted To the
State, are asking for authority to issue 20
cnnd mortgage bonds, with view of ex.
rh ,ugiug lhrm Ter State bonds tuus pnr
chasing State honds By the awaits If thrs-
second mOr gage tondS, the drhs nnw du-
by h Stat ~uuld in like am"uai, be trans
ierred Ia these railroad comp ,nies, nnd 20
h. STATE would be relieved of a burden oi
several million dollars of debt nov resting
upon il.
| regard this proposition with approval,
and advise It's adoption by the A Assembly
| The p'yment OF the large dent now dur
! from the roads slludrd Ia, AID the sale OF
tue roads already 10 the hauds of Receivers,
would reduce the States liabilities at lea,t
Oar-thIrd.
| THIS plan, it is seen, wonld enable the
! General Assembly not only "a reduce ma
/ trriaIly the States lisbiIities, but alsn {"
render necessary sdditiOnal aid to the 70 ,ds
| whose 'mpIrtiou is demanded by cOnsid
rraii'ns Ut public rc"uOmy.
Several of the railfoad companies hay
uusettlrd accounts with tho S,uking Fund,
the S ate hiring indebted O. them and
4 lud tnry bel < indebted 10 The STATE. It i.
Important that an early settlement Of th1sr
| accounts be had. | rrcOmmt nd, therefore
that The p-oprr acii1u hr had hy yonr 1ua.
e. 10 ptOcuru he desired settlement with
aid railroads.
Since the Adjournment Of yarr rxtrAOrii
nary session, the Gimp roller has visilea
/ Suw York aud made satisfactory arrange
IN nrs Tor she payment Ok the Jdly N ervst
| rhis fact, Il grth-r with the resln.t at ia,
lave State ann Presidential elrc iuus, h4- 10
ducrd an appreciation OF our State pnnd'
aud a material depreolation In the pric,
uf gold.
The occasion serves 10 allnde TO tho graf
| flying tact that, financially aud Oihsrwisr
rrnuvsNve occupies far more desirable
cnd,tion than any 0f ho Staius recently u
rebellion. Thus the policy ct rcconstrur
tion maintained by tho gnion Republican
party uf Tennessee dnds ample and triumph
ant v'nd,cation by It's achievements among
u aud thus, al'o, the path It our fntur'
xrtSing prosperity Is tracrd for rs by th'
history 81 the last four years. We have unl,
20 follow mp with steady nerve and unfAlier
lng step the policy thu, Tar successful, 10 as
,ure 10 th great nmmpnweslth that de-
gree Of wealth aud pnwer which our nLura
poslunn, our buuadlvss resources aud ou
'ut-rprisiug population 50 tmineu1y entitl
u.s.
THE BANK or TENNESSEE
He expresses his Jegrets at the s'Ownrs
'f the mag~meats Of All ir, Of this institu u
ion, and recommends that measures b.
adopted 70 wind up forthwith.