Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1876-06-01
reducing the value of the poor mans

I
wages.
The night session was stormy and e1
c ted, disorders reigning to q fearful ex
extent an sttemp! to pass the msjorit
report ON the previous question bsinI
frustrated by Colonel George R. Phelal
and Others; Shslby's vote being sixty
three for the minority and twenty-five
fjr the majority report, Colonel E1sle.
claiming tbs latter as the proportion o
his proxies out Of the eleven inhu5ted f
him, he voting Fsyette's nineteen vote
solid as proxy, they having no membe
present, and defeated the msj 1rity re
port. The convention then adj burned
sine die.
STATE FINANCES.
As the convention to. day has select
ed delegates to the National Dem
ocratic convention to bs held al
st. Louis, the reader naturally re-
ours to the paramount question OF the
Tennessee State bonds. Aware of the
interest this suhject has aroused, and the
great apprehension that Tennessee
would disgrace her State pride, and there.
by embarrass her 6u,ure career, have
earnestly endeavored to ascertain as
much as possible concerning
the popular feeling. AS to
the policy of virtual Reputation,
both Democrats and Republicans reject
it as vicious and pernieious. AS u the
principle of repudIatiop, both psrties re-
ject in toto. Hence reputation is not
favored by the people In Middle Tennes-
see, and men Of both parties ara earn
estly opposed to it on principle and as q
policy. Tnis you will find trus, and go
where you may in Middle Tennessee,
you will find no considerable supporters
of the reputation idea. A careful In
quiry leads me to believe that the advo-
Gates OF reputation are confined to po.
litical fungi, the excrescences Of society.
In some instances men, who have vain
ly sought Office, are now advocating
THIS REPUTATION SCHEME.
Their influence Is not great, and their
zeal, like their debts, ia considerable,
with no hopes Of speedy adjustment or
final settlement. The friends of hon.
esty need not fear any disastrous results
from this source, for reputation will
never become an adoption with the peo-
pie OF Tennessee. 1t has no followers
save the enriched bankrupt, the laugha.
bic demagogue and the ambitious vic.
tim Of dis appointed fortune. 1t is a
matter Of doubt whether an intelligent
honest man is to be found in Tennessee
who really entertains the idea of repu-
diation. This section of tbs State is in
prosperous condition, and the people
have yet to learn that public dishonor
cOnfers Individual happiness or gives
citizenship better claim to esteem and
respect. They do not count honor by
dollars and cents, and have yet to be
taught by the repudiationist that
honesty is enhanced by the reduction of
taxation and the swindling of their cred
itors. Such are the lessons they think
the repudiationists would teach, and
hence the scorn which they have for the
demagogues who, by speech and news
paper, are endeavoring to consummate
their plan and work out the scheme"
l have been told that
THE LEADING REPUDIATIONIsTs
are men who have repudiated their in.
dividual debts. For instance, there is @
man in this city who, several years ago,
came to town dressed in jeans, and the
very image-oDly an imags-of an hon.
est farmer. That man repudiated, by
viriUe of the bankrupt law, his own
debts, never needing the entreaty of the
laborer and mechanic, nor the complaint
of the widow and the wall of the orphan.
He wanted to be governor of Tennessee,
short while he changed the rustic gsrb,
for it didn't win, ana Is now robed in
costly cloth, and he who repudiated his
debts, disowned his obligations and Ig-
nOred his honest dues, resides in an ele.
CANT home, the possessor Of wealth and
also of ambition. This individual now
has the efffontery to talk about
''high taxation" and the interests
Of the "poor laboring classes"
This is Iepudiationist, and q fair type
Of the species. Now, do you suppose
that Tennesseans will be led by the
noee, and follow such creatures? Let
the people of the whole country, especi.
ally our doubling brothers of the north,
realize the very ridiculous injustice they
do Tennessesns in believing that cur
State is to be governed, regulated and
by such men. Should the
Democracy abandon
STATE CREDIT,
the Republicans would carry Middle
Tennessee by good majority. l have
heard prominent Democrats declare that
they would vote for Republican candi-
date for governor, did the Democrats
discard the State credit. The Democracy
Of Tennessee is bound to settle the quss-
ton OF State credit. 1t will be the great
question in the approaching canvass,
and the Democracy will either triumph
or be defeated in its adjudication at the
ballot.box. All efforts at compromise
are unavailing. The people cannot
evade the question; they must either
maintain or disown State credit; some
sections of the State will be tainted by
the SCHEME" but it is great gratifica-
ton to know that Tennessee will be
saved from'the ignomiDy which the
demsgo que is seeking to heap upon her
name. Reputation is virtually dead
the howl is only that Of Gagged wolves,
soon will be heard their ul1latiops. II
is gratifying to know that the DemocrR-
cy will not abandon its time-honored
platform.
THE RADICAL PROGRAMME
is not exactly settled, but enough Is
known to say that while they do not
indorse reputation, they are eager for a
division among Democrats upon this
subject. They are unwilling to assume
the responsibility OF reputation, but are
secretly and cautiously aiding the
schemers and hope thereby to weaken
the Democratic party. They will vote
solidly with repudiationists, for these
creatures are after all but tools in the
hands Of the artful Radicals. The re-
pudiationists will unconsciously act the
loWly part of servile instrument, and
the Radicals, who have cast their vote
secretly, hope to charge the Democracy
with ell the Ills that result from dis
honored State credit. This is the game,
and it is even whispered that some Of
the enthusiastic Democrats now advo-
eating reputation, have been purchased d
by the Radicals. However, no men of
Influence are engaged in the scheme.
Tsse for example, Montgomery county,
Al. L a