Bristol news. [volume] (Bristol, Va. & Tenn.) 1867-189?, 1879-10-28

State tax that was expressing us 81
much. The man who pays $2524 Ia,
pays at the outslde only 20 cents Of /
on the State debt. IfCol. Fulkerson'
own terms could be obtained il woul(
decrease this tax ticket by about cts
only or one third OF the zoe. Las
winter Col. +. was in favor of paying
per cent. on 80 millions. Now h,
is IN favor Of paying only A per cent
on Is millions. Why the necessity
for this change. If 1t was just snC
right to pay per cent. on so millions
why ls it wrong to do 1t now? Blu
they say II runs for 40 years. Wei
this ia the first time ! ever heard O
people objecting totime on their debts
Laughter Well the Col. was will
ling to bind the people "a years, The
Bocock- Fowler bill proposed so years
and the McCulloch hill makes it 4C
and tries to accommodate both the
Col. and the b. +. men. Take O
heavy load like this or the debt OF
England and il it not better to divide
and scatter it along over good space
of time? England has done 50. He
argued that the natural in.
crease in property would more than
pay the leap ten years hence to 4 pei
cent. An inci ease of only would
more than do it. Let us stop this ag.
itation and we shall increase our pros
perty. Stop il aud let US build up
our country. [Applauee.
COL. FuLKERsoN
at 1856 took the stand amid tremen-
dous and prolonged cheering and cries
Of "Hurrah for Fulkerson."
He said heard some one in the
crowd say this is a put up job II
that be true can say it was not put
up in Abingdon. [Cheers,] He did
not aee any clap boards and paddles
to-day. 2years ago he had been elect
ed on q clearly defined issue. He
went to Richmond and saw the brok-
ers and people who pay in coupons
opposed to you. He had represent
ed the principles he was elected on.
II ii bad not been for the funders the
debt would have been settled satisfac-
torily. 20 true hal he been that at
one time the Funders had intended to
Gun no one against him. They had
defeated REIMBURSEMENT and the meas
ure they had passed was fraud and
he would show it. Mr. b represent
ed the bondholders. he (Col. F. rep.
resented the people. Cheers Mr..
b. SAID he would argue this cause as
he would case in Court Well II he
had beed employed by them he could
not have argued their cause more
zealously. They had tried Gen.
Greener and all the older Fundera.
Some one had TO be made victim.
They took this young man to be
slaughtered. Theg said he had no
record. Well he believed le had
none. [CheerS.l He had voted for
Gen. Terry for the Guberpatorial
nominee after he had declared for pay
ing the last dollar. [Cheers They
had taken Ran. Tucker and ell this
Senators and Congressman. who had
one hand in the public crib TO the
tue of So COO year. They had nomi-
mated him because he had \ power OF
kin In Smyih. Like the lady in Pin
afore he would aay John have seen
your klnafore." Laughter lie
could say after the election mo John
don't tear your shirt, because your
kin are all butcncred and nohodys
hnrt." [Cheers But he says every
State ought to ray it, honest debts.
Wen 20 say /. a State that wont pay
its honests debts Is nn State 1T all
But he proceeds a. though Their had
been no change OF conditions. Va
never agreed TO cunti.caIc property.
She merely agreed ~ tax reasonably
the property of tbs citizen. I ~
took no lien on the roads, ~ they did
In Tenn. They merely took the faith
Of the State to tax The property o w
Va where IL had been put hey ond heI
reach. They now want ~ double
back the West Va. burden on to Va.
In III they grew weary Of the faith
and ability of the State and asked for
mortgage on the revenues that would
put them ahead of the government
aud ahead of the schools, Since 1871
we had not paid 8 per cent on 80 mil
lions. The bonds went down 10 6uC
on the dollar. That shows the bond
holders only think the State able u
pay SOC on tho dollar. But for ths
coupon feature We never would have
heard anything Of honor and credit
aud never any trouble AT settlement,
We had given away the g. d II. aud
tried to give away the Canal and could
not. They had bought .hcse bonds al
% during the war aud now they want
To pu, up II job oil the Legislature that
would enable them to rob the schools
Where ever you find a man In Va
paying his taxes in coupons you find
funder. You flnd politician and
he goes over to the money power be.
cause he says money will win. This
McCulloch bill IL the grandest swim
die In the U. 8. don't except any