Knoxville weekly chronicle. [volume] (Knoxville, Tenn.) 1870-1875, 1875-01-13
rRou NA.Hyur.rr.
FIRST week ot the Leg tsiatur.-H obbs
Observation-Disclosures EIer,ioo.

special Correspondence to Knoxville Chron Gle
NASHVILLE, 1RSN., Jan, ., IS
The first week " the session az the
NNNINth General Assembly has Ia.s-
ed, and the legislsve machinery il now
well creased and working finely. The
Senate is composed of a very able body
of men, aud in that body, thus far,
there has been no "buncumbe in
obliged in. Speaker Paine has made
favorable impression as presiding
officer, and after he has fully mastered
the rules of order aud has freshened
up little on parliamentary usage,
will get along finely He makes a
much better presiding officer than
Speaker Bond, of the House. who ap-
pears to be wofully deficient in rarlia-
mentary knowledge and decision. The
House was unfortunate two years ago
in the selection OF speaker, and
scenes Of confusion and disorder were
OF every day occurrence, In conse-
quence.
Senator Polk, who seems to be the
romantic member of that bopy, offer
ed resolution yesterday providing for
al adjourn meut of the Senate until to-
day because Of yesterday being the
si& ,tth anniversary of Jackson'> bat
I tie Of New Orleans, but bis brother
, SenatVr: voted the proposition down
by an Overwhelming majority.
1t would seem that several of our ST.
ions had been preparing, ever since
their election, to launch thuuderbol,s
against the funding bill, ~ soon as the
Legislature was fairly organized, as
! quite number Of bills proposing to
; repeal portion, or all of that famous
and, IN some sections, notorious meas
ure havealready beer introduced. Per
maps one of the most noticeable of
these bills is the one introduced by
senator Jones yesterday to compromise
the bonded debt the State, providing
Tor repeal of the funding act and a
payment of fifty cents on the dollar To
holders OF State bonds, by the issuance
OF new bonds for that amount. The I
bill has the one merl. Of IepptI,-ifl
that be merit--and bears evidence of
I much labor and thought, but il can !
not be that the representatives of |
people who were 80 united during the I.
canvass last fall, against reputation.
Will pass measure which makes the I.
state say we will give the holders of I
our bonds just half what We promise, /.
on the face of those bonds to pay, and /
we VIII not pay money either, but /
VIII take up those promises to uuy n .
dollar, with other promises t. pay half /
a dollar The argument ui Jones' .
bill is that the holders OF = ale bond. /
ptid bat half the face value tor them. |
II the same line of reasoning i. lpl- !
lowed out, the entire indebtedness
might he shirked by lie passage Of I
such till, as that offered vest, rdly, :.r
the holders of these second hunds-in /
case they We're issued--night bu glsd
10 sell them for twenty five.
or even ten cpuis IN the
dollar Then the passage NJ auoth-
er bill 10 tit their case as Jon,-a' hill
hi- the case of the present holders of
state bonds. would reduce the debt u
mere trtlle, aud this course could Dr.
followed up Iegitimately, il The meas
sure proposed by Sen. Jones should be
come law. However 1t iS "A waste o.
tine To DISCUSS such propositions, Sen
aiOr Jones bill and all others ike it
hud their way To- tue Senate waste
basket, unless the people OF Tennessee
nave erred wOiuily in their selection of
their Representatives.
The letter published in the Chatta-
no IA tOnmcrct0i Of YESTERDAY, signed
T., with regard TO the Hobbs Dys-
terry attracts no little attention here
II l. an unusual well written docu
ment, presenting pertinent facts in
very concise shape. The investigating
committee j. AT work, and as
~ least half OF the committee
are men OF ability and established
reputation, report of aB exceeding
~ interesting character j. expected of
them. One of the members Of the
comndttee stated yesterday that the
investigation wOBid no dollb4 be con-
cluded within a week, and with this
understanding the House agreed, by
vote of 80 To 81 to postpone the cleo
too of Comptroller and Treasurer
from next Monday until the Monday
following, in order 10 give the present
incumbent a fair shake for reelection
along with his fellow competitors IL III
tie election should come off next Mon
day, ~ provided by law, Col. Burch
would do well 10 decline being Il can-
dldaic, ~ he would stand no chance
Whatever of election. As il Is, DF. j.
VI sharpe, late Of thr iirm of Rhea.
~milh d Co, and the present SeCre-
cary Of large furniture mauufactur-
lu- company of this city, is
very prominent candidate aud will
d"uurlr-- poll a heavy vote.
Gov. Potter D. already la the city
with ul- family cor n not will be in "A
day ur iva. IN, Gubernatorial vote
o. Goo ur counted at noon tomorrow,
hU t,tr. hour tor installing the Cover
"T rIrr. hu- DOT yet been designated.
Mos. ". 'ur candidates Tor the [ uited
~.H.r- ~rnaiuT-aIp are b~f-, aud will n
~ doubt boz very active during the in
coming week, az on the Tuesday fol-
lowing iur bt.Ipttiug for that position
wiii rpmmeuae. Ofall thecandidatrs.
Cen. Bate, alone has kept ia the back {
aruu. d. aud l.y 40 doing, has probably
in-' nothing IH the estimation Of the ,
public. Last weeks Lebanon uer0d
contained very supplementary no
lr' Of Gen. Bales and his fitness for
th- position, which / see has been ex-
teu-ivrly clipped by the State press
ami i' -rven. instances heartily Gu
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