The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-02

British and planted British standard alon,
the line OF march. In the great era of Cen
, tennlal commemoration the glories of remem
Drance must be shared with the diviner glo
RES on both sides of forgiving and forgetting
In the Presidential election, which takes plac,
during the great Centennial at Philadelphia
the cry OF the "bloody shirt " will be pecu
liarly out of place.
Il The relief of the South from the poiitica
incubus that Expresses it is work which car
not be done in one year, nor in ten. Alabama
owes State debt of thirty-eight millions,
Arkansas twenty millions, Florida about six.
teen millions, Georgia fifty millions, North Car.
olina thirty five millions, South Carolina thirty
nine millions, Tennessee forty.f five millions,
| Virginia the same, Texas twenty millions and
Louisiana on indefinite sum. ranging frcm
twenty to forty millions, according to diff
ferent estimates-in the aggregate not
far from three hundred and twenty millions
Of dollars. Add to this stupendous sum the
debt the principal Southern cities and the be-
wildering grand total of public debt will be
about $3.50, 900, 900. This is a debt of which
more than seven-eighths has been contracted
since the close of the war mainly under the
control and manipulation of interlopers,
vagabonds and strangers and their ignorant
negro allies.
Such debt as this Judge Church will
grants an incubus which can not be shaken off
In day, and which cannot be coniufed away
by the sentimental eloquence of holiday
celebration. Ten years from this tenth year
after the close of the war the incubus ofpublic
debt will still rest dark and heavy upon all the
industries Of the South. The restoration |
Of plenary civil rights to the he |
roic men now disfranchised on account
If their too great love of their
native land will not take from the
shoulders of their countrymen the heavy
Dad which they must long bear. The ''cor-
norants' may all fade away and leave their
places to honest men the taxes may be
much reduced by economical government
ne status Of the South in the Union may be
estored in fact and in spirit yet after all is
one that is within the power of good Gen.
raj Government, the South will still pant
nd suffer under the cruel weight which local ,
nd general misrule has put upon our necLs.
When the Northern armies left the plains :
nd valleys of the South, their paths were
arked by the ruin and desolation consequent
pom their progress and incident to all inva-
ons; but nature and industry have repaired
concealed these ravages, in great part, 80
at rich harvests grow where battles we're
ught, and wild flowers hide the ash-heaps
aich were once happy homes. But not so
IL the invasion of the carpet-baggers and
rmorants be obliteral ed by time. They are -
ling out slowly from the face of the land.
Virginia, North Carolina, Georgia IL
d Texas are already emancipated from their IN
'thsome domination, and Florida, South o.
rolina, Alabama, Mississippi, Arkansas, -
plundered Louisiana will ere long expert VI
60 the same good fortune. But the legacy 81
debt which our alien and hostile rulers will ~
We behind them will cling'to our States for 70
ny weary years. This mountain of debt 70
st be borne or Cancelled as illegal. As =
g as it stands, it will demand an exaction I'll
interest which will keep our Southern =.
lntry impoverished. me-
IN one point his Honor appears to be in jul
Or, since the South is not idle in produc-
J, but furnishes very large proportion of &c.
ortable products, which are exchanged for for
imports whose duty tax largely swells the
'ipts OF the United States Treasury. The apl
tn is thus indirectly large contributor of e..
%, the burden of which is as essentially the
as if collected on our tobacco and cotton
Nations har
- COL
LII