Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-08-11
LETTERS FROM THE PEOPLE.

Correspondents are requested to conin,
their communications strictly within the limit W
have hitherto prescribed. OF not more than thlrt
lines. More than that cannot and space for
a. We have great many valued correspondent
who desire TO b. heard on important topics Ems
APPEAL.l
Hon. II. ,. Morgan, for Governor.
EDITORS APPEAL--l. Is apparent to tn
ordinary observer OF events that this countr.
is on the eve Of a great change; whether TO
the better or worse may perhaps be weighed
IN the scales OF each individual. But ont
thing il seems 10 me Is certain. that the sew
eral States of this Union should see to 1t tina
/ their domestic affairs shall be placed IN tn
/ hands OF men 70 be. under all circumstances
trusted blythe people; in the hands OF thos
vino are fully awake, not only to what Is, bu
that which may be; IN the hands OF thos
Z gho, not only are true to the people, but VIII
understand the constitution and are pre-
pared 70 stand by It to the last extremity
The people of Tennessee have soon to elect
governor, let him be such Il man; and TO
myself, ( know Of no man in the State, in al
respects, more fully equal to the emergenc!
than Hon. r. J. Morgan, who, for tn
past eight years, has with singular ahillt'
served the people as chancellor. Will tn
convention soon to meet at Nashville proper
iy consider his desertsE SHELBY.
-" ~ --'
EDITORS APPEAL have been a constan
reader of your valuable and most welcome
paper ever since | became a subscriber, anC
have seen several names announced for oul
next President in 1880. but have never seer
the right name yet (Wade Hampton) bu
have seen the names of Grant and 1Iden
! The former has had the Presidency twice anc
never did his duty to the south, but on the
other hand tried to. ard did Cypress her al
he. could. l don't see how any true man, thai
| has noble principles, can ever support mar
/ that always had around him such set o.
thieves as Grant had. And the latter Mr.
TIlden)-the man we elected in 1876, but ow
ing to the amount of money he had invested
in United States bonds SIT still and acqui
esced and let the Infamous Sherman and his
comrades, Grant x Co., swlndle him out OF
the place which to-day he ought to be tll-
ing-that pays fifty thousand dollars per year.
We think If we were to elect him the
second time it would be the same thing, and
we want no more such eowardIce. Why did
he not say, like Wade Hampton would had
he been IN his place, | have been elected
President, and | am going to be President
or spill every drop of blood in these United
States, and who will stand the storm, If nee
essary, for his rights and the rights of the
people of the United States. If we could see
our government with Wade Hampton filling
the 1TbslueII CIldlT, anu OuI OWu uODlC L.
q. G. Lamar Vice-President, and let them
appoint good, honest gentlemen to position,
it would recall to our minds the days OF
Washington, and the people north and
south would only regret that they had not
thought of the names of Hampton aud La
mar sooner. / see that there is likelihood
of Ben Butler being leader of the National
Greenback party. want some good friend
Of the south to ask him does he remember
the silver no stole n New (lrIpanSr
c. P. GRAHAM.
ABBEvILLE, Miss, August 5, 1873.
The BOndhOIders and that Rascal
John sherman.
EDITORS APPEAL-SiC million dollars Of
the peoples money thYOt01a to John Sherman s
bOndh0iding friends. The above PROPOSE
ton is so simple and true that the only won
der is that Sherman has not been impeached
and dishonored as secretary of toe treasury.
Sherman is an agent Of the people Of the
United States, occupying the relative posi-
ton of cashier of a bauk and as such is
bound hy. the same obligations of trust and
agency. Therefore, when acting under the
laws and resolutions OF congress, regarding
the payment of the debts of the United States,
he is bound in morals aud law, as any other
agent, and cannot as an honest man or gen.
tleman act in the interest Of the creditors
and bondholoers. Now we find that sixty
million dollars of the six per cent. bonds have
been called in since the reconciliation of
silver, which were merely debts OF the United
States, with no popularity and no contract ON
their face, or any understanding at the time
they were issued or sod, that they were
to be paid in gold or coin; but on the con-
trary, the bOndhOlders in 1869 slipped In, in an
unguarded moment, and procured the pass
age Of an act reciting that in order to re-
" move any doubt as to the purpose of the
g government to discharge all past obliga-
- tlons to the public creditors, and to settle
- conflicting questions and interpretations of
g the laws by virtue of which such obliga-
81 tons have contracted, it is hereby provided
g and declared that the faith of the United
'' States is solemnly pledged to the payment
" in coin, or its equivalent, of all the obliga-
'' tons" And the UNITED States
g also solemnly pledges its faith to make pro-
. vision at the earliest practicable period for
s. the redemption of the United States notes
Sc in coin" Now the fact Is at the time these
bonds were sold greenbacks were worth in
gold about thirty five cents. and one green
back dollar bought one-dollar bond, upon
which the United States has regularly paid
nix per cent. interest in gold, on a greenback
oasis, but during great part of the time Il. e.
while the greenback was at the discount
lamed), eighteen per cent. upon gold basis,
IS the purchaser only paid about thirty-fve
cents in gold tor the bonds, and Il0io, when
yreenbacks and gold are nearly on a par, the
yreenbac6 being 1OO,th about sixty fire cents
more than 1t tOdS iChen the Investment aOas
made, and when an acre Of land has depreci-
Ited from fifty dollars to fifteen, the bond
holder clG1sorS for gold, and John Sherman
pays him ia gold, which is an outrage on
md sswindle of the people, for which he
should be impeached, For every one thou
'and dollars IN gold will bring one thousand
me hundred dollars of silver bullion, which
being coined will redeem one thousand one
hundred dollars of bonds, and thus would
De saved ten per cent. to the people. But
Iohn Sherman prefers the bOndhoder to have
t, and ten per cent. on the sixty million
dollars foots up SIX million dollars more to
he bondholder. If it be said that there is
lot enough of silver to take in the bonds,
hen the answer is that silver certificates can
De issued in place. And that John Sherman
,alls in these bonds at his discretion. And if
le has not silver on hand enough for re-
lemption, then he should wait for six months,
which would give him enough, and thus
while he would lose three per cent. interest
lie would make forty, which on sixty million
dollars would be clear saving of four million
wo hundred thousand dollars; but in case he |
has SitUer, then saving of SIX million dol
ars. When two modes of payment are al !
owed debtor, then 1t is his election to say
n which the debt should be discharged Who !
hen would hesitate? and what honest agent |
AOdIOE 1IC pCOplC OtdI tuSSt pUEQGDS, ana
many others, and the Democratic party is
iirelict IN its duty, their party, If it fails to
protect them; and to this cause in part may
)e attributed our late defeat. SO if it be- |
omes necessary for their protection that the !
gold-claimlng Radicals or |
Democrats be LETT, then let the southern De- |
nocraog make "a departure" in favor of the |
whole people, and the Radical gold ring can |
md will be broken by the only organised !
,arty that can do it. F.
The Social Evil.
EDITORS APPEAL had not intended OBJ |
ruding again upon your valuable space with |
my further notice Of the structures of Fair |
Play" upon the report OF the late grand Jury |
With reference to the social evil, but as he |
,ersistently misrepresents the language and |
purpose of the jury. it is due them that |
hould defend it from his unwarranted at |
ack. distinctly enumerated in a former |
that the jury did not discuss
he question as to whether the evil was nee
,ssary or not; it was entirely foreign to its |
purpose to do so. They only viewed it from |
he standpoint that it was an evil, that it ex-
sted as such, and while they didn't believe it |
possible to suppress 1t entirely, yet believed |
hat it was possible to restrain and curb it so /
S to relieve society and property-holders of |
ONE of its baleful effects. Far Play" in |
lists that the grand jury boashngly pro-
laimed it not only necessary but highly es-
entail and useful; then proceeds to argue if |
necessary it is right: then exultingy hOps his |