Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1877-09-12
The Regulators.
Editor Republican,

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Secretary Griffith appears to be much
concerned lest the community should ee
the imp ression that tie members of the
Union League are not regulators. There
fore he hastens to publish the resolution;
adopted by the order to prove that such
impression is untounded. While some OF
the members appear 10 be wiling to make
some kind of an offer to the Bondhoders
the controlling influence is undoubtedly of
the 'pay nothing order, and it was not
necessary to publish the resolutions adopt
ed by the League on the 2Sth of August to
convince the community of the fact In
order TO convince the community and the
world that the League is not an out and out
Reputation organization, il will be neces-
sary to adopt resolutions favorng the "5
per cent. PLAN" or some other offer to the
bondhoders for the liquidation of the debt.
1t will also be expedient for tne League to
wash its hands of the responsibility for the
breaking up Of the exchange plan for re.
fusing TO levy the tax to pay the exchange
Cor new bonds; for frustrat ing the good
Intentions Of the Debt Association; for re-
fusing to issue the new bonds under the
exchange plan for opposing the loan from
the School Fund TO buy up the bonds with;
for procuring the repeal of the law author
i1in l,a ycE for n
sage OF law compelling the itemiz ing Of
taxes SO that regulators could refuse to pay
the bond tax and finally prove that none
of the individuals composing the Union
League of TO day ever. opposed the efforts
of well meaning citizens to contrlve plan
of settlement at the Coles Hall meetings of
about ten years ago. Having proved them
selves innocent OF these several charges it
will then be in order to proUe that they are
not a lot Of co mmunistc batherskites and
that The resolutions of the 28th of August
were not intended to play upon the credu-
lily OF the uniformed { in law and decis-
ions of courts) as long as it would work
Even the per cent plan is only the result
order becoming convinced that there is
danger ahead, because it is known that
condit lions will be attached 10 the scheme
that will make it totally impracticable
10 effect any good; in fact, am convinced
that The per cent move was never intended
for the compromise of the deot, but only
for the purpose of temporarily disarming a
powerful element at present manitesting
itself in favor of bringing our quarrels TO a
close forever by adopting and carrying out
u practicable, efficient plan Of compromise.
Alter Secretary Griffith shall have convinc-
ed the community that the League is not
body of reactionlsts, and that the order is
not responsible for the fact that the debt
still hangs over us, when but for the League
regulators it would have been settled ma
ny years ago at very little cost to the city,
then I, and perhaps many other citizens,
will accept this resolution to mean that the
Leaguers have become regulators but re-
Gently. No thanks to the men that have at
this late day discovered that danger men,
aces US and now try to leave the sinking
ship. They are the most guilty among the
regulators, but the people will no doubt
be willing to forgive for the sake of pre-
venting our en- tire ruin
TAXPAYER.