Knoxville weekly chronicle. [volume] (Knoxville, Tenn.) 1870-1875, 1873-02-19
NASHVILLE CORRESPONDENCE.
" TOrbets issue r---The SOJOns.
and the Fatality that Attends
Disappointing

NASHVILLE, Feb. IS.
EDITORS CHRONICLES: There are many
ways to turn a penny. There are three
members of the lower House of the Gen
eral Assembly, each possessed of some
peculiar characteristics, dissimlar in some
respects, but agreeing in that pertaining
to the root of all evil" One was said to
be the Oldest member of the House and
some experience as Legislator, Another
was regarded as second in point of age,
while the other to whom allusion has been
made, was well known by his general
'blne stocking" department. This trio
turned up in the Legislature; and it was
well understood if report be true, that
each We'd with the other in their determi-
nation to rebuild the credit of the State,
upon such basis as that those who desir-
ed to "sell short" would not fail to realize
a just reward for their labor. 1t so hap
pened that each of the three, having such
devotion to the welfare and honor of the
State, that they were naturally, and as
matter of course, placed on the
Committee of "Fnance and WAYS and
Means" for full field was opened for the
development and utilizing of their partic-
ular talents. Being thus situated their
legislative duties were commenced and il
is supposed that for several nights they
had sweet dreams of funding bills, favor
able decisions on "TOrbett issuen and a
steady advance on the price of "Tennes-
see bonds" For the first three weeks of
the session the countenance of the $50
Ions" was lit up with a smile that was
child-like and bland. However, as all
castles built in air must necessarily topple,
ca hn ipaa l. &c
tlemen to be blasted. From the first meet
ing of their committee, all their converse
ton was centered upon a single policy,
and that was the project now passed into
by-word of funding the State debt"
To this end they introduced various bills
for the consideration of their Committee.
When, finally, the sense of their asso-
ciates having been given as adverse to
their schemes, they evidenced many signs
of sad disappointment, but sought relief by
the reflection that if funding was not
so popular after ALL some of their number
would realize their hopes of gain, through
a hurried decision of the supreme Court
holding the State liable for"TOrbett issue,n
and the So 100000 dollars of bonds issued
by Harris in all OF the rebellion" Here
again i'll luck attended and our legislators
discomtitted by the unexpected introduc-
ton of resolutions in each branch of the
General Assembly proposing to check the
lightning speed with which favored de-
cisions were sought to be had by the Su-
prcme Court Under their tutorage, "Tor-
bett ISSUE" long drag on the market at
one cent on the dollar, had run up until it
commanded fifty cents, and was expected
to become par, at least in the payment of
taxes. Under this state of facts to whom
allusion has been made had almost forgot.
ten their Disappointment in regard to
funding schemes" and were beginning to
dream of 'brOwn stone fronts" and all the
paraphernelia of wealth. The introduc-
ton of the resolutions raising committees
and providing for the investigation of this
last scheme of the spectators was more
than they could bear. The two elder gen
tlemen, no longer occupied their seats.
They were seen around the telegraph of
fees and the banks, enquiring after the
rise and fall of Tennessee securities
while the younger gentleman of
the blue stocking +" department
absent himself and was not heard of for
several days But OH enquiry it was as
cerlained that nc had hurried to his home,
aud loading himseih with "A large sack
filled with the "new Issue" had set out in
TO the remote corners of the State with "a