Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-08-12
GREENEvILLE HEARD FRom.

promise Of fntare yigor. The editors
are Thomas Mallory and Andrew John.
son -. Jr. As to its politics and
bearings, we may best indicate them
by quoting the IntelligeRcer Uer6atim:
In politics the Hsteuigencer will be
Democratic; but It will not be so parti-
san as not to see, and, seeing, not ex-
pose errors and wrongs that may find a
place within Its own party. 1t is and
will remain Democratic by force of cor
rect Democratic principles only, and
never can be whipped into the support
Of measures not believed to be right,
by the party lash, nor inundated from
a course of duty by the illumination of
party bulls. 1t will delight in fighting
to the death corrupt rings of any and
all parties, and will be pleased to "grate
harsh thunder" among all political
cliques-DemOcratic or Republican
which may seek to control party for
personal ends.
Among the errors and wrongs that
may find place in our party, we hope TO
have the InteIligeHcer's aid in discount
tenancing the spirit of faction and per-
sonal ambitions which has so often
marshaled our divided forces to defeat.
The closing words above are significant.
We believe in no ring but the peoples
ring, and think it is full time TO form
it, and make it efficient against mon
opolies of all sorts. And, on behalf of
that ring, We shall WELD the peoples
lash, even though such as get hurt may
call it the party lash" The Lntelli-
geRcer proceeds:
Funding the interest of the public
debt is a temporal financial expedient
which We do not approve. 1t is sys-
tenn OF compromising interest, thus in
creasing more rapidly the burden now
almost intolerable to be borne. 1t is
but Doubling and deferring for the
morrow what should be borne to-day.
1t is eutaiiing upon a future genera
ton debt--a burtheR which we have
no right e. impose upon them. If not
speedily arrested 1t will ultimately
drive our State either into bankruptcy
or Reputation. Hence, the Intelli-
gsRcer will seek 20 aid in arresting, as
far as possible. the funding folly Of the
last General Assembly.
We also are strenuJusly opposed to
such temporary expedients as funding,
and think the cheaper plan is 10 pay
our debts as they come due. The debt
that has been accumulated by the mis-
fortunes and unwisdom of this genera
tion. should be paid by this generation
if possible leaving our children as
free as ouI fathers left us. Therefore
We must put our shoulders to the wheel.
If the Intelligence viii explain how the
funding Of the last Legisture can be
arrested next January, or what is more
important, if it will show what could be
gained by such a process suppOsing it
possible, we may be able 70 help it in
this part of It's programme.
Toquote again from the LatelligeI,cer,
it says:
We will oppose with all our energy
the scheme devised by our State Comp
troller for reviving the State Bank of
Tennessee. Recognizing the fact that
a resurrection IF the dead bank would
unearth enough precious stones to
Jewel the hands VI few individuals,
yet the body brought up and resusci.
tateG would soon again 20 into coTTup-
ton, and the people, bound to the pa,
trid carcass would piteously pray to be
delivered from the body of death"
In the resurrection of the State Bank
are TO be seen princely fortunes for the
few, and poverty for the million. The
Intelligence is unalterably set against
this Credit Mobilier the Lesser-this
proposed fraud the more marvellous be-
cause 50 patent.
We fear cur young contemporary
falls into the glaring error SO INDUS
triously circulated by Radical sympa-
tlizers that the Democracy is equally
corrupt with Radicalism and has sunk
to the same ignoble level. We protest
against this gross cslumny, which alone
leads honest Republicans in the West
and North On jack o lantern hunt
for new and impossible party, instead
of returning direct to the saving prin-
ciples and practices Of Democracy.
The recold Of our party in the National
government for three-quarters of a
century is open TO comparison and con-
trast with Radicahsn. So in the gov
eminent Of the various States even
down to the present. But We need not
go beyond Tennessee. In this State
four years of Radicalism doubled our
debt, while four years of DemOcray has
reduced it back nearly TO one.
half. These are facts familiar
to all. They are facts of
to-day. They are home facts, showing
Tennesseans the radical difference be-
tween the principles and practices OF
the two parties. A State bank in Ten
nessee is not new experiment, but it
is certainly new to us to be told by a
journal that Hon. Cave
and VIM. Ledbetter Cred
it Mobilierists. Are these dead giants |
10 be accused Of stealing prineeiy for
tunes: All such parallels between
Democracy and Radicalism are grossly |
unjust, misleading the ignorant, and
an advocate of Democrat
c purity. The record of the old State |
Bank is there, TO speak for itself. The |
Democracy are to-day here and all over
he country showing its faith in it's
works. and presenting everywhere the |
sharpcst possible contrast with Radical |
SIN.
BEATING ROUND THE BUSH.