Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-11-11
TAXATION.
d H1sbt and b Necessity OF RePudi-
ating the state Debt.
.sah.l pop,al n.pr.s,a a.tl.r.n


EIn07s Appeal-Our forefathers, wiser and
better by far than we, considered taxation.
however Light, without representation 10 be q
Just cause OF war. Ia onder to rd themselves
OF Il they carried on for seven long years 2
bloody snd doubtful struggle against the vebe-
ran armies q dSavage allies OF the powerful
king Of Great Britain. During this coadict
s1ugress issued q hundred millions in paper
promises "-redeemabiein Spanish dollars at
the close 0Tthe war" Peace being declared.
aud congress finding the Impoverished people
LudlspOsed % groan for a generation under ex-
ccsslve taxation, wisely declaredthat the rags
had served their legitimate end, and then
7G5asdfue5 every cente1iL A Young rspnblic.
governed by true patriots, Representatives, by
the moral and peeuniRry qualifications OF
voters then in vogue, Of the taxpayer, with
virgin lands and t0z0aoH az aaosgiHdl aaadGrd
could not fail to attract millions Of Immigrants
dying from the ts1-hend In Europe
Year, Euer, in a fl3s o. great ezciserasut. I
The RexpefteDced iCgfslatOT5- Of several |
StsieE borrowed cOnfiOerRble sumR OF gold
NON blissb Capitalists 70 serve az q bRsis |
FOR osnEDg. By misapproprfaffon and rare
ca4itys the who . o. these suns were frit
t6reu HEag and Instead thereof, the land i
delugeo with wildcat ehiD-plasJers, bringing
KUN 10 the ueluded holders, The IaxuaVera 4
had moi been ~consultedi they had not su-
IhoriEsd tDeir public servants 70 borroE
tns money, u had not been appusd 70 tbs
use o. lhe state Thence when psy SE-f
came 1o Indignant ind Injured p~ne-y
holders pointed out the rssca.s VIZ SPety
TIE money and referred the .r,Si
mem 21t tAeg refused 70 erdorse theiT do |
aasdiL yA They Tspsaa-
"A yolsy OF rep. caches we're hurled at
bToEen $500 "A their public credit Wss
- so far IS the great money cen
49, -ncerned, Int they were al the
800 for It. Succeeding lsg1BlatOrs
not again ron mp a debt Of mullOns,
n0uHu nnL EEaHlaM IN NEL1uEu1anE EENnnNgE and I
TOY with great questions ABOVE their intel
lectual reach. direct tax payable in money
wa levied WhensFeT public Necessities re
Quirsd 1. Dealing in cash, the common peo-
PIE had some idea Of what Eas being done,
Kept their servants within d7e bounds.
Public credit as = necessity, Is the veriest
one Of these OBSERVATION-DISCLOSURES
grown great and wealthy, did analy insorse
and cakh her debt A great cry was raised
about Il as . miracle Of Intense sense Of honor,
bot n was q trick Tor all that. A few OF her
Own bankers secretly purchased these eSf.
dences Of indebtedness Tor 8 mere sopu. ian
them In London, subsidized The pollticlsDs
ana clamOred until the bill was passed The
state, By giving PAL her interest IN rauways.
and nearly al her other property, and bv tay1 .
alton, raised and paidOh The stupendous claim !
OF Sven millions OF dollars. As 1t went 70 re- {
ever neaehsd t4ls- Eeal CEsdiboz, IL had befter | I
never been paid AT all Those other states !
Whlch refused 70 permit local banks 10 exist :
and deluge Lhelr people with Wildcats" never :
repaid a. All, because, In part OF the fact, they I
had noshylOcks 70 engineer the fraud through. 6
Public credit abroad Is ever a dangerous '
merit. In tie a9oIh it's peculiarly suicidal 10 :
POss@siL one pehonin q hundred Thousand :
has talent; one IN thirty can decently manage .
his own private business; eight men out Of Ten g
are not only ignorant bUt poor, and also essen d
TALLY dishonest. The oficeholdeF Is but The \
representative Of those who gave him place =
and power. Universal suffrage means that :
ooIs and knayes shall rule. southern legisla- Z
On end legislation has been slice the WaT a a
curiosity unpsFalieled Ia history. 10
Al over the South zeal estate has. since the 4
IN e1gnteen mOnIns loLtowlng the cessation L
Il hOstlAues, been steadily and rapidly de- -
iEA g. AtaEst II was thought that northern u
I'd European immigration would pour IA o.
Lnong US. A Few Thousand did come, but soon IL
ercels1Bg uhat 30 ordinary Investment could q.
Ven hold as OWL much less pay a legitimate Il,
ale oilnteresL they made known the TACT. and "
segnenLty no more came. Even half Of "
Whood come went back again stripped III
: +, 20 Syaar they putin real estate. pr
N VAN 90 FealEtfe the peOple of an coun- -
1es y come and be fellows with Us. In Min n
~ rso4eSa Tie price Of p~lantatons nom ~
tinDeredla1ds at q dollar an acro I'll ~
eness Al9 most readily worked coal sn5 N.
al IA ds which, were they ia PennsSius-ta hR
Ould readily sell az s-Ibousand doilan - col
re 90 begging AZ nmy cepts. Natural Wate-- 81
lis, which would be priceless in a nortbern ~
eAnBOtbe sold AT any price Wbv 49, ~
stream ortnmigration pass by the finest sai
"a the sun ever shone upon, and reach Out or
the almost continuous SHOWS OF the uorf6- no.
esh uavel ACROSS thedesert 70 Utah and IT. an
gate the treeieR and rainless soils Of Colorado ~
miles from market 2.b u becsuss -
Sc gopng States have little or no debt. ~
% taxalon is light state debt means q "a
y OF every brick planK and inch or G
= - 9mlts, no matter if property tia.
d tsia tax paid each time II "a stsn srb5ss Ing
5ssas Rse 9~nsernpnl01s lsgislaiors boa
Ii esssltsz Purchase a hundred onl
Tehnsssse, ~ : Is yonr owns Buy It ceri
m9rtEsgedtons hnl5efo 49, sss a. Tigl
FtPae.le2f4 sSas vas sluoss & nopantsfv eng
IL kgFs1teFe % he ensCt mai NJ debs paTl
siraetea outside its limits Eho1id - 49, Eor