Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-08-15

| third 70 LOFTY cents on the dollar OF the Stat
debt, interest and principal now due. TEos
who advocate higher rate will but promot.
the growth OF a reputation sentiment in tn,
State. He wants whatever settlement i
made 10 be submitted to the people for ap
prevail or ratification, so that it may be finally
and forever settled, and such compromise
/ carried out IN perfect good faith. On tbs
subject OF the proper disposition of the con-
| wet labor, Colonel Gardner opposes bringing
II IN competition with the honest labor of the
! country, but thinks It might be utilized profit
| ably TO the State by improving the pubic
! thoroughtares, working the mines. The
| question, he says, has been mOoted for the
| past thirty years, without arriving at any
| satisfactory results. On the subject of a me.
chancs lien law, he thinks the mechanic
| should be protected; he alluded to the law
! existing, but did not remember its provisions
! tie is a pronounced greenbacker, arguing
that it is genuine Democratic policy. He
says that for at least ten years past the re-
tirement of national bank notes and the sub
stltution therefor of greenbacks by
| the purchase Of FIVE twenty Fed
eral bonds, according to the original
| contract, with treasury notes, has
been tne doctrine of the great body of the
| Democratic party of the country. As to the
power Of congress to retire the currency Of
| the national banks before their charters ex-
| pre-, there has existed some diversity of opn-
| ion among Democrdts-some holding that it
| can and others that it cannot be dOne-the
| latter basing their views on constitutional
| difficulties. He favors the retirement of the
national bank issues at the earliest moment
| practicable. The Democracy generally have
opposed contractioE for years past, and he
has uniformly opposed 1t ever since the poll
| cy was inaugurated by Secretary NJ CuilOgh,
| during President Johnson's term of offices
| and continued under Grants administration.
To this unwise policy the bankruptcies and
sutferings of the people are almost exclusive
ly attributable. He would reverse this ruin
Gus Republican policy by expansion effected
by the free issue of greenbacks, making it a
legal tender for all debts, public and private,
| except in those cases in which the contract
expr. ssiy provides otherwise. He would eX-
pand for the next six or eight years at about
the same rates at which contraction occurred
say at the rate Of seventy FIVE or hundred
million dollars per annum. The sufferiDgs of
the people are intense and severe, the remedy
should be quick and efficient. The Demo-
cratic party is the only party in the country
that can be relied on for the speedy appica-
ton of the remedy. Colonel Gardner does
not think the Nationals are developing any
strength in tn safe outside of Memphis;
that whatever Of opposition may appear
against the Democratic candidates in the
compaign will b. the Republicans and the
repudiationists. Your reporter next visited
COLONEL SAVAGE,
who discussed State politics very freely. Dur
ing the conversation he claimed to be the
originator Of the thirty-three and one-third
cents rate OF settlement of the State debt, but
will approve the lowest rate that may be
agreed upon and ratified by he people, He
referred to his speech made in this city last
Saturday, in which he urged the non-payment
Of interest On the State debt Until some plan
was agreed upon by which it may be finally
settled-let the people specify the amount, if
anything. that must be paid these bondhold-
ers. Colonel Savage declares himself in favor
of greenbacks. If he had the power, he would
increase the issue of greenbacks to the war
standard and keep it there until the last cent
of the national debt was paid. lie claims
that he has record on the subject of convict
labor. He never liked the penitentiary lease
bill, and entered his protest against its pass
age upon the theory that no legislature has
the constitutional power to lease that institu-
ton longer than two years. The effect has
been to create a monopoly not satisfactory to
the people. He would employ the convicts
In the improvement Of the States roads and
turnplkes, and in her mines and quarries.
COLONEL JOHN C. BURCH
was next visited. He refers to his letter
recently published in the APPEAL, and to
his speech at Bartlett, as clear definitions of
his views on the political policy in the State,
and added that he favored the substitution
of green backs for national currency, agreeing
with the 'Ohio idea, " with the addition of
local currency, which may be necessary TO
supply a possible future deficiency of volume
that may be caused by future contractlonS by
the government. Hence he favors d system
of State banks and the abolition of the pres
ent national banking system. Colonel Burch
added that he mad not decided vet to an
nounce himself candidate for governor, and
would not do so before the convention has
agreed upon a platform.
COLONEL JOHN FLEMING
was next interviewed. He declares himself
in favor of the Democrats maintaining the
issue of greenback currency, which shall be
lawful payment for all customs and other
dues, and the supply should te kept up equal
to the demand. He also favors ame nding
the silver bill so as to make the coinage of
silver free and unlimited. Ia referring to the
tariff laws, he wants the tariff rates reduced
so that they may become source of revenue
to the government, and not a protection. He
is in favor of an equitable adjustment of the
State debt on the best terms that can be OBJ
tanned in a fair negotiation with the States
creditors. He does not favor any specific de.
claration in the State platform as to the terms
or method OF settlement; that should be de-
cided by legislation and negotiation. He
does not think the State convention can prop
erly take jurisdiction of the details of settle
ment in advance of negotiations. This must
very properly be considered by the people in
the selection Of members to the Legislature.
He thinks it impossible for party conven-
ton to unity individual Democratic opinions
as to the basis for settlement, and it would
be folly to attempt to do so in State plat
form, for the result would be almost IN i'm
mediate rupture of the party.
THE CRY IS, 'sTILL THEY GOMEZ
Every train coming in is crowded with del
egates, and the interest is increasing as the
crowds gather But it is impossible now to
frixy 10 If hot 10
the result. As to organization, | hear the
names of Colonel George Phelan, of Mem
phis, and Judge James Fentress, of Bolivar,
spoken of in connection with the permanent
craftsmanship. BROOKS.
n Lost Colony.
The discovery of a mound in North Caro-
lima with number of well-preserved corpses
of unknown nationality has revived hope
of Sir Walter Raleigh that some trace might
yet be found of the famous Roanoke colony.
The remains and contents of the mound are
undergoing careful examination, and if it is
possible to decide that they are the Roanoke
colony-lest found--no doubt it will be done.
The human mind disiikes an unsolvable mys-
terry, especially one three centuries old. 1t
was in 1887 that the famous lost colony, the
subject of so much search, speculation and
romance, landed at Roanoke and formed
friendship with Manteo, who was made
noke, the first gentleman in America. It was
that colony that gave birth to Virginia Dare,
the first child born of English parents on
United States sofa female, by the way,
who would have entitled woman to some
rights Of priority if she had not been unfortu-
nately lost, without perpetuating herself in
posterlty. 1t was three years, on account of
war, Spanish armada and home troubles,
before a ship with supplies and the governor
of the colony, Virginia Dare's grandfather,
returned to Roanoke. All that remained of
the colony, or Manteo and the friendly In
dams, to tell of its fate was the inscription,
''Croatan," on the bark of the tree. No
search was made then. Afterwards Raleigh
sent five times to seek his colonists but no
sign or trace of them ever appeared. The
Indians at a late day claimed to have adopted
the colonists, and their PHYSICAL characteris-
tics give some color to the theory of adoption
and amalgamation. The lost colony has been
the theme of many a story and great deal
of discussion, which the curious deliver In the
old and half-forgotten will find attractive.