Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1872-09-13

Nancy drew $4,000 of this amount after
Senter was elected.
You will thus see how many bonds were Is
sued under Republican laws and who got them.
While at Nashville made diligent inquiry as
to the politics of these thirty-ive gentlemen,
and can assure that twenty-six out of the
thirty-fve were or are Democrats. 30 1t was
the Democrats who got the bonds. And TINS
explains another thing. You will recollect that
a great outcry was raised against the men VINO
got these bonds, and Democratic canuldates Ior
the Legislature swore they would have them
all put into the penitentiary. Don't you re-
member how we all looked into the papers day
after day to sec what Radical bond thief" had
been arrested But not a man was arrested.
Investigating committee after invesugatlng
shown to have misapplied q single dollar. Don't
YOU know that if single corrupt act could
have been proven on single Republican Of
fetal it would have been trumpeted all over
Tennessee? But the truth will shine; and now
it comes out that the Radical bond thieves
were all Democrats And when we Republi-
cans found that out we raised the cry "Investi-
patel Investigated but the Democrats dared
not do it. 1t is right for Democrats to steal |;
stealing is wrong only when Republicans steal.
RAILROAD RINGS.
II was charged that the Railroad Ring"
ruled the Radicals. The Railroad Ring" was
comnosed of Democrats, the very Democrats
y
| instance to show you which party is ruled by
| Railroad Rings. wv hen the Democrats wentinto
mower Tennessee bonds were high in the market.
| The Democrats in the Legislature in January,
1870, passed law authorizing the railroads to
paw their debt in bonds of any series or num-
ber.n This was the. first step in their grand
| scheme Now the next step was to bring down
/ the price of bonds, so that the railroads might
| buy them up at a few cents on the dollar. Ac-
cordinply the Democratic Legislature openly
and boldly threatened reputation, swore they
never would pay a single bond, and put the tax
down to 20 cents on the hundred dollars, at the
same time breathing vengeance and slaughter
against the bond holders. What was the result
| Tennessee bonds fell at once to about 4O cent:
| on the dollar. The railroads rushed into the
market, bought up the bonds at these rates, and
paid them into the State Treasury. / know
whereof l speak when say that all this wa:
dene at the lnstigation and suggestion of the
Railroad King" What would be thought o
in order to give his friends chance to buy
them at few cents on the dollar? Would
we not denounce him as fit for tn
5 penitentiary? And yet this is just what thi
say eperg member Of the Legislature was in tn
secret. Perhaps you do not know that four o
Ave men in each House rule the whole Legisla
) ture that whatever they say, the rest do. TIL
great majority of men who go to the Legislator
are regular dough, heads, and vote just as the
the leaders the rest follow, like poor little ig
! noramuses
$3.50 RAILROAD SALES.
? Some of these railroads have been sold latel.
a. Wbo docs not know that /" / hear you sa.
We'll may you say so. 1t has been told wit ut
: the Toll Of drums, the blare of trumpets ana q
f thunder of cannon, until some OF our entuu ~
astic Democratic friends almost believe that tt
g millennium was at our doors, and could aImo
see the Savior in the clouds. A voice; " bl
the Savior didn't comep] No; but the der
G CAME and we have had him to pay.
= Now, in order to show you. what roads we
sold, how bluch they owed the State and VIII
they sold for, will read from the Comptroller
|. report of December, 1870, and from the repo
of the Railroad Commissioners: Il