Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-05-06
COLYAR's PARTY.
Further Developments i'm the Repudi-
ton Movement.
A High Old Time Among the Chronic
DisOrganizers.
Enter, the Bran New Conservative
Party, SO-Called.

The gentlemen who assembled at the
Maxwell House Tuesday night for the pur-
pose of consulting together in relation to
the formation Of third party, to be called
the conservative" party, held another
meeting last evening. Among those pre-
sent were Col. Colyar, Jesse z. Brown,
Col. Thos. Boyers, John Morrow, Wallace
| Colyar, 5. Y. Patton, VIM. Wade, Pat
Walsh, E. j. FarTar, Jno. White, A. L.
Lands, Geo. w. White, Thos. C.. Allison,
| S. b. Gordon, Robt. S. Miller, Jas. T. Pat
terson, JnO. A. Campbell, Jos. Thompson
and Lyke Houston, of Bedford, and seve-
raj others, who, however, look no part in
the speaking and seemed to be principally
| lOokers-On.-
jesse L. Brown was called TO the chair
| and Col. COlyar read preamble and series
of resolutions, explaining that they had
been read at the meeting Tuesday night
and referred to a committee which met
Yesterday morning, but were not adopted.
| He also stated that the first half of the pa
per as presented and read the night pre-
vious, related principally to a recital of the
facts connected with the unfortunate split
| in the Democratic party in 1872.
THE PREAMBLE AND RESOLUTIONS
as he presented them last evening, conclude
as follows.
at is the firm conviction of this meeting
that the poor should not be stripped of all
property to pay a bonded debt transmitted
to them from a former generation, and
especially is this hard when the debt was
made by people in prosperity and fall on
people in deep adversely, and now
especially when this deep adversely was
brought about by a war over which, indi-
vidually, they had no control.
"BevOnd the discredit of falling behind
with our interest and attempting to pay
taxes which must exhaust us and which We
are
UNABLE TO PAY,
and prosper we must unhesitatingly de
clare in favor Of the first.
with the enormous burdens upon us in
the way of county and corporation taxes
and the constant decline in property Of all
kinds, and especially in real estate, and
tina, a vast number of our people have nc
employment at all, and can find none
twenty cents on the hundred dollars Oughl
only to be collected until the people recu
perate. With great economy in the man
agement Of our State affairs, this will pay
three per cent. on our State debt. Look
ing to our distressed condition, brought
about by no fault of ours, and looking Il
our immense loss Of property since the debt
was made, in freeing our slaves, and il
the cotton and land tax collected and not
refunded, all Of which has placed us wher,
we are simply unable to do more and live
we are more than willing to submit The
Justice and right of this proposition TO The
intelligent and sober judgment Of the EN-
1 nations of fba yvprt6
@Resolved, That ex-President Andrew
johnson be requested TO address the citi
zens of the State at Nashville, on the tinan
cial condition of the State"
In his opinion, he had to either separat'
from those gentlemen who support th'
funding bill or separate from the people
He didn't think it was any disgrace 70
those who supported the funding bill L
saw now that they made a mistake. Whel
it is proposed TO reduce the taxation t
twenty cents on the hundred dollars, gen
tlemen may say, on propose to repudl
ate" but this would not be Reputation
There is a great difference between refusin
to nav debt when YOU have the ability {
pay, and falling to pay when you haven
the ability.
, Bankers say that money is easy, Yet If
farmer wished to get money advanced Oh
his crop for four months, he couldn't &c
il. The people of Tennessee are livin
plainly, vet manv men who own fine tract
of land cannot get money enough 10 g
from one town to another. The fact is
: land in this State is not worth as much to
: day as it was five years ago. At the clos
I | OF the war merchants in Nashville com
5 | promised with their Eastern creditors. an
paid Just what they could on their indebi
edneSs. Tie rights of an individual shout
also be allowed a State. Thomas JetiersO
: saws that no debt should be saddled upO
, | a Esecond generation, and that all peOpl
. ought to be freed from debt at the end {
every nineteen years, on the ground tia
{ | those who incurred the debt were dead.
} This question of taking all the peOpl
r make, to pay the interest upon debt rise
! | above ali party considerations. They Car
: not be made to pay it, and they will nc
; pay it. If We pay three per cent on gu
E debt. as we can by tax of twenty cent;
r il is all that can be asked Of US. Who be
5 lieves that Louisiana, Mississippi or ArkaI
2 sas will ever pay their debt?
t The speaker was not in favor of maxim
: war upon any party, but he wanted recon
! ! citation and peace, but held that if tn
, views fayOringthe funding measure prevail
. | tie State of Tennessee is ruined.
COL. THOMAS BOYERS,
: of the Gdllatin Examiner, said that he ha
( understood that the present meeting wa
t called for the purpose of promoting han
? | mony. He was convinced that unless tn
= Democrats strike hands together the Radi
2 Gals will carry the State. He had neve
e read the funding bill, and was no especia
: supporter of the present State administers
ton. The paper just read lays down Ger
2 tain propositions and dignifies them by th
E name Of eprinciples," whereas the fact i
= there is no more s'principle" involved i
t the funding or assessment bill than ther
. | would be in dog law. Those bills al
D not a party measure, as they were vote
: upon us by members of both parties.
lie denied that the State was in blaz
of excitement over the funding measur
and he regretted to see the word ''repudia
ton" mentioned here. The people of thi
State WILL not consent TO any such dis