Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1873-06-10
RADICAL& CoNsERVATIVERU RULE.

1t is no"wonder the people Of the South, in
the fuliness of the bitter cup which has been
persistently held to their lips by the Radical
carpet bag rulers who have so long lorded 1t
over them, says the Lancaster late1,yencer,
cry out, ..Let us alone ~ In every State
where Radical power-through the aid of the
Ignorant negroes, who have never paid a
farthlng of taxes-is in the ascendant, the
finances have been crippled, disorder has
reigned, and general depression of business
in all departments has been observed From
the sickening spectacles furnished by Ala
bama, Mississippi, Louisiana aud Arkansas
wetturn with gratified feeling of relief to
the Democratic State of Georgia, which has,
since its emancipation from carpet-bag rule.
made rapid progress in material prosperity.
An official statement just published by Cow
ernor Smith, of that State shows its public
finances to be in promising condition. The
entire debt of the State-excusive of float
ing debt of about $50, 0OO-is set down at
S9,036, 500, while as an Offset to this the
State owns, in addition1to it's public buildings,
the Western and Atlantic Railroad, valued at
$1,000, 900 and railroad stock of'the nominal
value of sl,O23, 500. The State has also its
endorsement to railroad bonds acknowledged
as valid, to the amount of So, 15S, 400 from
which, however, Gov. Smith does not appre.
bend any considerable loss. The extravaganza
which characterized the era of the Bullock
plunderers has been reformed, and the regular
disbursements for the current year, including
the legislative pay roll are estimated at only
100000. The income for the year from
various sources, including the proceeds from
general taxation at the moderate rate of four
and one half tenths of one per cent. are esti~
mated at 81 ,27S,9SI which will leave bal
ance, after deducting the current expenses of
the government, of SG7S, 9S4. According to
this statement, after paying all the ordinary
expenses of the government and the annual
interestupon the entire bonded debt, balance
OF sl6,4 29 will remain in the State Treasury
Ihe Legislature at its last session made pro-
vision for issuing bonds for the purpose of pay
ing past due interest. and for the REDEMPTION
of past due bonds and such bonds as NAV fall
due within the next three years. and also au-
thorized an increase in the percentage on the
taxes to be collected in 1874, and in every
succeeding year, until the whole of these
bonds shall be redeemed. It is believed that
as result of this action all the money i'm
mediately required by the Stote for the fulfil
ment of its obligations. can be raised by do,
nestic subscription, and that the loan bonds
will all be taken up in Georgia
The people of Georgia naturally feel highly
Encouraged by the favorable turn which affairs
have taken there, especially when they con-
trast their condition with that of the HELPLESS
commonwealth which are still in the clutches
OF the carpet>bagsers, without prospect of
relief from their exactions. One fear, how
ever comes to dsquiet them. With the un-
happy example of Louisiana before them.
they know not how soon iawess President
may, under some illegal pretence, use Fed
era1 bayonets to overthrow their State Gov
eminent and deliver them over to the mercy
of thieves They have had enough of the
Bullock and other carpet>bag and scalawag
stamp.