Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1874-10-31
The Funding Bill and its Advisory
Aiders and Abettors-A Let
ter for Ex-Presidenf
Johnson to Read.
Maynard and his Infamous Misce
genatiOn Speech at AtheE In
August Of 1S66-HOuek
Again.
Barbour Lewis and Emerson Eth.
eridge and the General Can.
Vass ReVieWed-An Able
and Timely Speech.

There was a large crowd at the Green.
law OPerahouse last night 10 hear the spec.
OF Governor John c. Brown. There were a
gOodly number Of negroes in the gallery VI be
seemed 20 share the Interest felt by the white
pp.oYte n tu0 IeuiAIhs HAue ~ Governor
Brown, VINO was enthusiastically greeted
when ne appeared upon the stage Governor
Brown was Introduced by Colonel Lsndon G.
Haynes, Ia a few app Opriate words The iol-
! lowing is q synopsis OF
GOVERNOR BROWNS SPEECH:
He said 1t always gave him pleasure to meet
| the people OF tEis great commercial city,
/ whose citizens four years ago, when he came
here know only a soldier and private citi-
zen, met him with cord iality aud warmth, for
| which Memphis is 50 Justly celebrated. After
having served two terms as chief executive Of
| the state, they now a ked him TO give an ac-
count OF his stewardship and discuss political
| issues This he would do all the more cheerful
~ a. he had been assailed inyfdiOusly and his
| actions criticised CT ueily, by those who were
MS political enemies or traitors TO his house.
hold. Horace Maynard had assailed him
upon every occasion. Andrew Johnson had
| thought Mt TO cOalesce with these Radicals
/ and their chief, Horace MAYNARD. in traduc.
Ing his name, and made him the theme of
| every speech He should be allowed TO de-
/ iend himself sgainSf these attacks. AS TO the
! funding Dill, he made that an important
/ question in his first message TO the thirty
seventh legislature. Again he discussed It
| when reelected, and Mr.. Freeman agreed
with him that the debt should be funded Or.
I
/ press OF the state We're the friends OF
the funding bill. When the thfrty-efghth
legislature met, he did favor the funding bill;
I II passed, and he had executed the law-if Il
was Ubiquitous. then he was covered with In
iquiIy and tnfamy. The speaker then went
into The discussion Of the funding bi.l. hey
had 70 take care OF a debt Of six million dol
| lars, and the funding bill was the only means
outside Of reputation. There was no man
then In Tennessee who dared mention repudi-
stioa. The Radicals had twice funded. ana
% had the national government. They had
either TO iund or create a new
debt. The supreme court, in tue case of the
city Of Nashville against N Laughltn, deeid-
ed that cou pOns bear Interest after date. He
was surprised TO hear that Mr.. Emerson Eth
er1dge doubted this he now had the decision
with him. The person who said the funding
Dill had brought additional debt upon -
people, wilruIly misrepresented, or knew
nothing OF IL. But the funding bill did save
one million one hundred and twenty-five
thousand dollars to the people. As to his
competitor, he left his law books and went 10
70 secure the passage OF the bill.
freeman was IN the lobby; VIII
liam Rule, editor Of the Knoxville Chy0nt-
Gle, Radical paper, loboied for 1t, and went
TO Nashville. Judge houck, the Radical
member Of the legislature from Knox county,
wrote To " ashington 10 ask a fellow Radical
70 know If he should vote for the funding biII
as a measure IN harmony with the Radical
party. He was told to vote that way in a let
Ter written in reply by Horace Maynard. He
charged Il in Knoxville, ard Hguck said II
WIS So Maynard says now he didn't write |
me AeaItE-LueF DDtl are Republicans. |
and If lie has been told they
must settle il. Andrew Johnson was |
a friend Of the funding bill. Mr.. James, |
OF Chattanooga, a friend Of Mr.. johnson, |
voted for ihe funding bill, and 50 did every
Johnson man in the legislature, except those 1
nom Shelby county Mr.. johnson was in the l
city from the time the bill was Introduced /
till IL passed. Mr.. Bond, representative from
Haywood county, called to see Mr.. Andrew
Johnson, and asked him If he should vote for /
the funding bill. So did Mr.. Robertson, repre-
sentative from that county. Nj. johnson adj
vised them to vote for it. This is an assertion
and will prove It. Governor Brown then
read the following letters, which expisin
themselves:
BROWNSVILLE, Tenn October y, 1874
Governor John c. Brown, Nashville, Tenn:
DEAR SIR-In response 70 your letter OF a
former date, would state thai while mem
Der OF the last general assembly, 1 called on
Ex-President Andrew Johnson, at his rooms
N the Maxwell house, for the purpose of CON
suiting him IN regard 10 The raadfng bin
which was then pending before the leRisla,
lure, an asked him what he thought OF the
bin then pending, to which he le-
pled-tuncing, as policy is bad one, but
that there was period frequently in the his
tory of States when they had to resort 10 fund
.ng IN order 20 preserve their credit. He
thought that time had come In the history of
Tennessee. He further remarked that he
knew OF no better policy that could then be
adopted BY the state than 10 fund her past due ,
aud due bonds ana coupons. Respectfully-
lSisnedi JOHN K. BOND. II
BROWNSVILLE, October %, 1874.
Hon. John {. Brown, GoveTne ? Of Tennessee:
Nour communication has been received. In I
egard 10 what Mr. johnson said to me about .
ne Iundlng Oil: called upon Mir. johnson {
Il the Maxwell house while the bill was q
vending before the general assembly and / :
.sked his views IN regard.to the funding bill. | q
and the people would not stand a | 2
igher rate Of taxation 70 meet It's int rest, d
1en he would advise funding as the best o
oltcy, Yours, respectfully, o
K. W. ROBERTS0S, state Senator. Il
Mr.. Bond went to see Mr.. johnson, bis =
lend, who advised him TO vote for H. Re q
entity Mr.. Bond 9Phreided Mr.. Johnson for :;
Is advice. Mr. johnson said: "YoU are a q
Dung man; this was an error OF the mind, y
OF OF the heart bat Il will all soon pass u
-" Mr.. johnson recently went 10 Nash. | u
u q, and there funded sixteen bonds ~
]heers.l II the funding bill was Infamous o.
e was INFAMOUS in having signed 1.-THE 4.
embers who voted Tor II were Infamous "
I'D Andrew Johnson as well as all who ia. o.
diligently funded their bonds and advised
luDg men 70 vote for it, are Infamous. a.
He mex, referred to Emerson Etheridge-be II
hose twenty cents taxation WAS absurd As N | sN
as i'm possible. Ar. Etheridge assumed that
10 bonds were not binding on the peOpIe |
rOwnlows legislature OF 1863 passed an act
akAng the bonds binding on the people (
DEernor Brown then read the following copy -.
the proceedings Of the general assembly Of ID
,nntesee:
nate joint resolution No. s. viz: ~
" II EREAS, Reckless eLEAvagance on the W
III Of those who have heletofore Controlled
Q state government, in piedgiLg the public III
tn by the issuance OF state bonus, has tend Va
greatly 70 I'm pair the public credit and i'm
nc distrust to the minds OF many As 10 TIE VI
innate payment Of our public debt. and
1ereas, people who, IN all their history, IN
we shown a scrupulous fidelity, CONNER. w
ally and otherwise, to private obligations
ust consider Justice to ali public creditors rs III
,ential to the honor and dignity Of the State ~
Be it Resolped by The General Assen,6l,, OF N.
1te of Tennessee, That the per pie Of Iennts-
viii not signalize their restoration 70 the
nirol Of public affairs by sancnoning. ia !
y manner. Indifference 70 public obliga-
{esolved, That expediepcy. toaetbsr with -
3 honor ana good faith Of the State, demand
1t the Interest on the public debf be maid ~
, earliest Praeueable moment. and ITS prtn-
al securely provided for az maturity, Ana
these ends, under a careful retrenchment
d rigid economy IN all other respects, the
ne Sh0H d Be FAITHFULLY applied, as they in
\ no voted ior thatY Emerson Etheridae
led for II. II passed only by one majority
4 Emerson htheridge's vote would have
eated II. Cheers Can htheridge who
N as a senalor voted for the bill and in
ced Europeans and educational institu- ElS
us 10 purchase these bonds, now ask The far
re TO re ract its pledge? Shall the fair Is.
eheon OF Jhe stale OF Tennessee be tar
he'd IN this way? II the people wanted -,
act knaves, they should do il fully. and MOI ADJ
ystdly. lAPpisnse.l At the close OF the the
r the State debt Wa forty-three million
lars. He would have opposed the ism
e OF bonds TO railroads. The Republicans
e SltlS5,Ooo 70 the Tennessee aud Pacific \
road, which has been built but thirty
es They issued 3l,750,O00 10 a railroad Cor
lch has been built fifty miles from Knox -
9. BE would have opposed the payment mel
these bonds But now ii is too late TO DO rep
and throw on the debt which Mr. Ether. tray
, assisted in bringing upon the people -
.ic administration had reduced me terri
I from sI3,O0O0O0 70 S25OOO,O0. Fhey had ego
pad over S2,OOe 0o9 Of The old issue Of the
OF Tennessee, y ee0,Ot0 Of floating debt N
,0e OF school debt, besides the Jatine v
Z $500 OF expenses had been paid ,rithifl sale
last four years, and that, too, on a tax OF
y cents. Applause
r Maynard and mis- friends became very II
CD alarmed when the subject OF the penf-
laIy was mentioned. lApplause.l From IN q
70 lSsi tue psnlteniiary under the Hadi-
liDistration OF good men, eected before
war, sucn as Polk, jackson, Trousdsle, IT.
wo and Others, whose acts were Criticised E6t
whose motives were never Questioned opeI
institution cost the State more or les 70 50
ley. Even under mr. johnson 5 admins
ion the penitenIiary cost the state in one
SIS 90. The institution has cost the St-te O.
~ beginning - y5O0.000 or S500oo00. Now, exec
cr tae lea the State makes tbirty.three
Island dollars annusily, thereby makinzI
ference Of Sli7,0J0 20 the taA payers, fAp- ~,
Sc II was said that he convict labor ~
e IN conflict With honest labor. When ena
J Johnson WIS governor the convicfs were eond
iged in mechanical pursuits; nov one
a only are so engaged Maynard charges Fl
win DdNl1E HtttA AQb lusOlNeul RAJ irOadH.
lad DO hing 10 do with this sale, All but
e roads had been sold before be entered
b. these roads = ere sold by The commits
BIS, and the sale confirmed by the chap
courts. The roads which had besn oost- Di
the stAle Anheaily sip9tO under re- Of or
rs were sold for s6fIQ000 | ,a-ftb
sold for more than what they would conc
nov oy ons,nAli' - regard 20 May With
staUeteehk ApO1t zoe oe0t he aAd the ty OF
-nGrdl wilfully, melclOuslS and pre- vrfth
tatedly told g falssbood. tChsers Bar. peTsd
Le1riS Who aid Gbe rles,r.s~ess X, 4 a.. 49,