Bristol news. [volume] (Bristol, Va. & Tenn.) 1867-189?, 1872-10-15
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tiat VIC adopt it n lieu Of ore CT our
own:
Gov. Brown, sRid-thst he vas before
the people seeking their endorsement
Of his administration. IF he had done
right he should be supported. If he.
had brought 10 the discharge of his
duties Deither intellect nor patriotism
nor honesty, It was right that be
shcgld he branded After paying Ii
handsome compliment to his Compel
itor, he discussed the State policy
briefly. He reviewed the Democratic
policy in reducing the State debt, by
authorizing railroads 10 buy up the
bonds OF the State TO pay their liabili-
tics to the State, and the sale of dehn
nnent railroads. All the roads hut
/ folr had been sold before his inaugu a.
tlOn, and these have now been sold -
l his has reduced the State debt from
SIS, 900. 600 to so, 600, 900. The ques
lion is before you still, Shall this debt
uc rerUdiated? He had always recon-
mended the payment of the debt, and
now repeated it. He WIS in favor of
| funding the whole debt, principal and
interest, in G T.r cent, honda; payable,
! principal ard interest, in Nashville,
and taxable for State purposes, and
| deduct from the coupon the tax to
which the bond il subject. During
! the Democratic administration the ex-
! penses Of the State government have
been reduced by 500, coo a year. I'm
! der SenteT's' administration the expen-
seS were 500, 600. Last year they were
| lagc thot, GR0n nm W. l.,rr no id
| interest because we have had to pay
81 500, 900 of the old issue of the Bank
! of Tennessee and 1927 ,000 of outstnnc-
ing warrants. and SIP 0G0 OF warrants
| TO the school fund, which ought to
have been paid by the Brownlow adj
ministration. We have paid thus over
two millions Of liabilities since 1859,
and only had the revenue of 1870 and
1871. Gov. Brown showed eonvin-
ciEgly the necessity for getting what
they would fetch for the insolvent rail
roads, and alluded to the Mineral
| Home railroad swindle as q specimen
of Radical railroad legislation. The
Radical party spent Sl4,6O0,OOO in
bonds and built only $50 miles of rail-
road. Before the war, the Wings and
! Democrats spent Sis, 900, 600 i'll bonds
ana Duilk COU lLllltS vi BdlllNdu AbtR A-SO
miles Of turnpike.
Gov. Brown then reviewed his &C
ton in the matter Of the Penitenuary,
which had been drain upon the
treasury every ycarsince it was found
ed. From 1866 10 1851 it cost an aver
age of SIG, 900 per year. From 1865 to
! 1870 it cost the State Sll4, 600 per ar
| mum. In 1871 it cost ST., 900. He did
/ not think he could make it self-sus-
! tanning under the management Of
| State officials, when all the Governors
| for DO years had failed. and when re
sponsible parties offered to pay the eX-
| penses and give the Stat $50, 900, he
said he would take it. Cries, You
did right lie would DO il again.
Yet he had been assailrd by the Radi-
Gals because he had saved the $ll4 900
year and put into The Treaury $33,
900. Jbe claim that the Peuiteuriary
made SO" 600 was based on the fact
that the Inspectors had failed TO charge
themselves with 10000 Of warrants
issued to them and Sl4, 900 appropria-
ted. He had ordered the report over
hauled, and the Legislative Committee
| reported that instead Of making money
in those two years it las lost S34 600.
No enterprise managed by any State
has ever been self-sustained, while
when leased it became profitable This
he illustrated BY the Canals Of Penn
sylvania. the State Roed of Georgia
snd the Ohio Penitcntiary with 500
con 7icts Is only leased for $4,000 a
year. Tat of Ipdiana for $4,000
, year.
Gov. Brown spoke briefly upon the
public -chool system, favoring the coun-
~ system with State Superinier dent,
He favored a distribution Of public
ands as a school fund amorg the
States If that cannot he done lie Ia
vorcd State tax as soon as the Sac
fuances are reduced to system
Tn; Governor made a fw humorous
remarks st the expense # hls mprt-
tors political record and strong Enan-
ciaI argument against The Grant admin
Stration, in NhIsh he made no persona,
charges against Grant, but compliments
ed him very highly as soldier.