Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1873-08-07

Our ne1ghbor OF the LeneocfGt Is
very kind in his effort to ward off from
the Conservative party any injury
which might result from the article
which we copied several weeks ago.
from the columns of the Winchester
Neus. This condescension in his
magnanimous effort to teach the rules
of legitimate journalism is highly APP
preciated. We did not propose to review,
in full, the acts of the last General As
sembly, but should it become necessary,
we will follow our contemporary ad
| vice 'and administer deserved rebuke
without fear favor or affection. The
Democrat assumes first that we have NO
position upon state questions, he then as
| signs us one generally the one we dc
not hold, and with great self compla-
cency attacks the presumed position
and obtains a great journalistic victory.
| AAO SHoNo lIldt ISOttCIlOu III t!1e 1IlUcl
est upon state bonds has not reduced
| their galle, discovery which will
| prove of inestimabIe value to the
Political Economist and encircle the
General Assembly, which achieved this
grand victory, with iznperishable honor.
If they were enabled to reduce to four
per cent the interest on bonds, which
were bearing six per cent and for the
payment OF this six per cent every
thing i'll the Commonwealth including
the very existence and sovereignty of
the State was pledged" without injur-
ing their value, it has indeed been a
decided financial victory and demon
strates fully the possibility of reducing
the interest 6rst to two per cent and
then to annihilate it entirely without
destroying State credit. This achieve
ment, we admit, has not been fully ap-
preciated by the people. If such is
really the case the financial management
of the State affairs by the last General
Assembly has been very much under
estimated. Again, eff these gentle
men had stated their position upon the
question Of interest their criticism
would have been fair and lust. They
are in favor of free trade, or high rates,
for money, &C. If we had not stated
our position, how does he know we are
in favor of .shigh rates?" We have ex-
pressed our views very fully upon this
question and we see no excuse for thus
placing us in favor Of a policy which
we never advocated
''By reputation it is understood that
they favored paying full interest on the
public debt. They should have said
SO. He might have said that he so un-
derstands it, but we have serious doubts
as to whether any one else would under
stand that reputation means paying
full interest on the public debt. If he
had any doubts as to our position upon
the question of Republication, he might
refer to his own files, and find an article
in reply to us upon the question of re
pudiation. Let him state his own posi-
ton in "rnanly' way before he finds
fault" with ours Glands have not de-
preciated except under the operations
Of the infamous twelve per cent law &c. "
This is an assertion which the editor
has seen proper to make, but he has Civ
en- us no facts to demonstrate the cor
rectness of his position. As bare as
sertion, it is only an expression of his
opinion, and is worth no more than ours
and that of hundreds of others who en-
terrain the opposite opinion. As to the
railroad question he did us the justice
to await an expression of opinion on
our part, and did not follow the example
Of the gentleman who informed the Ma
hone party at Richmond that the Her.
aid was violent free railroad paper
The Herald is not committed to either
Malone or Scott, but is published IN
the interest Of the people ofthis section,
and their interests are paramount to the
mandates of railroad cliques. At the
proper time, our views upon railroad
questions will be fully expressed.
We will not attempt to reply to the
last paragraph. of the Democrats article,
which we suppose IS consistent with
his idea of the dignity of the Journal
ist"