Clarksville weekly chronicle. (Clarksville, Tenn.) 1873-1890, 1877-04-21
THE PRESS ON THE STATE CREDIT.

We have examined with interest
and anxiety our Tennessee eXchang-
es since the adjournment of the Leg
islature, hoping to discover some
evidences of a disposition to urge
practical efforts towards settlement
of our financial affairs.
On another page we print an az
ticle from a Columbia contemporary
which plainly and honestly advo-
Gates an upright meeting of our Ii
abilities, and we hail with gladness
the protest of our neighbOr of the
Dover Record against the Sinking
policy of the Legislature lately adj
iOurned. We add our testimony to
that of the Record in favor of the
sound and stateSmanlike course of
their and our representative, the
Hon. n. Brandon who shoulder to
shoulder with our own c. G. Smith,
stemmed manfully the tide of repu-
diation and dishOnOr. The Record
continues:
The people of the State are not in favor of
reputation. But there are few politicians
or would be pOliticanS-certainly not
StateSmen-whO wish to keep this question
of State credit in State politics with view
of getting into office by humbugging the
people. These men are known and marked
and they will find that this game will not
win. They will find themselves condemned
for all future time. They ought to be con-
demned. They will be, as certainly as time
shall last. We have always been in favor
of sustaining the credit of the State, and
we still are. We never We're in favor of
demanding of our creditors any abatement
OF their CLAIMS, but as they voluntarily Of
feTred to surrender 40 per cent. we are now
anxious to accept it.
The Record is sound and his head
is level.
The Gallatin Examiner is the
next journal: this paper has thus far
been staunchly in favor of sustain
ing the credit of the State, but grows
respondent he thinks the Legisla-
ture ought to have closed promptly
with the bondhOlders compromise,
but since that was not done, he loses
heart; he thinks the people have
been dcmoralized by the evil advice
of regulating demegagues and that
it is hopeless to eXpostulate with
them; and this is his conclusion:
We had an honest impulse a few years ago
and funded the debt, making a new promise
To pay and all sorts of pledges. NeSuppose
that we thought that we were going TO play
fair, but along came hard times, ana along
came tempteTS who whispered at FIRST into
the public ear suggestions that il would he
much easier not to he bothered with paying
debts that could not be enforced. 1t was
the old story over. THE woman did give
me the apple and did cat
And now we think that we have had our
last SAY about this matter. We have all
along StrenuOuSly urged the strict maintcn-
ance of the public credit, but We 90 not be-
lieNe that IL Will be done liquidation grows
like Jacks bean pole and viii soon hook It.
self around a horn ofthe moon. The great
public is in one OF its tantrums and is going
TO have its own way.
We are sorry to see the Examiner
throw up the sponge so hopelessly as
that and hope that he will yet see that
there is room for fair fight. For
our own part we are not half whip
ped yet; the people will yet find out
that the one cent men are bad adj
visers and by the summer of 1873
with heavy deficit staring them
i'm the face, viii begin to think there
is another side to the question.
Our next exchange is the DyerS-
burg State Gazette. In the lucubra-
tions of this paper we perceive so
little of a moral sense in relation to
our liabilities that out and out repu-