Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1873-11-28
A s1upEADous swlHDI.t.
The South to be the scapsgoat
from the SAVANNA GA, News.l

IRON the Savannah Sua-) Newell
For some time past, intimations have
been given out In various quarters that
a movement was OH foot, the object Of
which Is to induce Congress to come to
the relief Of the South by assuming the
debts Of the Southern States. The
latest development In reference to this
grand carpet-bag scheme to render
available and good the utterly worth
less bonds with which, In their plum
dering operations, they have burthened
the Southern States, under their on
troll, Is In the shape Of a Washington
dispatch to the Northern Press, which
save: ut Ia said that Ben Butler Will
engineer the job, and that the plan 10
to scale the debt, paying twenty-five
cents on the dollar. IL Is also said
that Gilbert C. Walker, the present
Governor Of Virginia, Is largely inter-
ested In the job. He has been Invest.
Ing largely In Virginia securities, and
hopes to be elected to the United
States Senate this Winter through the
influence Of Tom Scott's Southern Sc
curity Railroad Ring, aud the lobby
that IL to work for the assumption by
the United States Of the Southern State
debts"
We regret to observe that some
Southern Journals favor this stupen-
dous swlndle. OH the ground that It
will relieve the South from indebted.
ness which her people never contracted
and from which they have derived no
benefit. There Is some speciousness In
the argument that a large portion OF
the debt which has accrued since the
war, was fra%udulently created by the
carpet-bag governments forced upon
the South by the Federal Government,
and that since that Government Is re-
sponslble for the acts Of its agents,
lawful, as we'll as unlawful, 1t Is but
right and proper that 1t should assume
the obligations, fraudulent though
they be, that Its bayonet-installed
satraps have created. Such reasoning
sounds logical and just, aud would not
be without force II the responsibility
Of compromising with our plunderers
could be devolved solely OIL the Gov
ernnent. But this cannot be. What
ever obligations the Federal Govern
meht may assume In the premises, are
shared by the plundered taxpayers OF
the South, while the benefit to result
from the assumption OF the debts OF
the Southern States, would 20 mainly
to u plunderers, and the rings Of
lobbyists and spectators who may
unite their influence for the accom-
plishment Of the object In view.
We shall not be much disappointed
If this grand scheme for plunderlng
the United States Treasury, now that
the Southern State treasures are ex-
haustsd, Is pushed through Congress.
The interests at work In its behalf are
potent. Beast Butler, the unscrupu-
lous intriguer and corruptlonist. 1t Is
understood, Is deeply interested In bo-
gus Southern State securities. AS
leader of the movement, he may safely
count upon the ~carpet-bag strength In
Congress, while the temptation for
speculation Is so great the scheme Will
not fail to command a powerful lobby
influence. It would be strange, In
deed, II such a combination Of intlu-
encc could not succeed In carrying a
measure involving millions Of plumber
through a Congress that only recently
belonged to the Credit Mobilier, and
which did not hesitate to p%erpetrate
the back-salary steal.
But il it Is impossible for the honest
men IN Congress to defeat this stupen.
deus fraud. we hope for the honor OF
the South it will meet a vigorous oppo.
sition and n stern protest from her
true representatives.