New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-08-07
THE MARYLAND DEMOCRATIC TICKET.


THE MARYLAND DEMOCRATIC TICKET.
TILE TICKET THE CoNvENTrOS Will PROBABLY
NAME ro-DAY-rHE ONLY CONTEST OVER The
COURT OF APPEALS CLEEK-HiP.
BALTIMORE, Md, Aug. 6.-The Democratic
state Convention 10 nominate candoates Tor Governor
Controller Attorney and Clerk Of the Court Of
Appeals Will meet in this city tomorrow A large ma
ortv Of the delegates have already arrived aud there
will be a fun convention at the hour ot meeting.
The only contest viii he the Court OF Appefs clerk
ship. The prominent candidates for this position
are James L. Franklin, the present Clerk; Spencer
ZONES Of Montgomery County; Moan Bow us, OF
Frederick; aud James. J. BrlscOe, Of Calvert
Lelnuel Malone, OF Wicomiro County, has with
drawn, aud urges his friends TO support
Mr. Franklin. The friends Of al the candidates
are making spirited tonight but the contest
seems 10 be between Nessrs Franklin and Jones, with
the chances no favor Of the latter Inc reainder OF
tie ticket VIII most likely be filled rs follows by acca-
matiou;
For Governor-wm. T. Hamilton, of Washington
Coatroler--Thomss !. Heating.
Attorney GeHeTal-+Charies j. M Gwiun, OF baltimore.
present incumbeEts.
Mr. Hamilton has represented the State IN the United
states Senate his term hay ug expired in 1879 lie
AL unsuccessful candidate for tine nomination Tor Gov
eruOr four years ago.
THE TENNESSEE DEBT QUESTION.
TIE PEOPLE To VOTE TO-DAY oN THE PROPOSITION
TO REDUCE THE DEBT OyE-HALF AND PAY ONLY
-FOUR PER CENT INTEREST
The vote Of the people of Tennessee Will be
taken to-day the passed by the last Legislature
settling the state debt 50 cents the dollar, with
per interest. The funded aud registered debt OF
the State on December p, 1873 was follows: Reg
stelea (Act OF lS73 $4,000 900, at per cent inter
est 1892 300 at per cent 1897 600 al per cent.
not required TO be registered and 4s67 600 at per
cent in funding bonds Qs73 Gu the same day the uu-
paid interest amounted to S4,2Ol,9O2 80 The bonded
dobt including unpaid interest, under the present
laws viii amount TO about S2j.676.5OO on Jan
uary l. $3.50. This does not include the
school fund certificates (FZ,5l2,OO0) the rail
road debt due 10 the United states (S671.0I5 40,
the outstanding debts OF the Bank OF Tennes-
see or the debts Que 10 aborer delinquent railroads
while the : ate Government was running thera The
last tbree items meDuoucd amount to about S27OOOOO.
should be added the State debt proper the
people would burdened ~ amount Of about $751;,
100000 The debt which il l. proposed 10 cOmpr0 Use
viii amount stated above, 70 about S23616JOO
the Let Of January but il is held By many who
oppose tue esent scheme tat the holders OF tue other
debts referred % viii be able TO force collection
through the courts # the act before the people ap
pie debt proper VIII De reduced about 80 S3s
$50, and tie interest 10 about S5l3 $50.
About eighteen months ago the b0ndBOiders proposed
% take 80 cents on the dollar with per cent interest
Many leading citIzrbs Who supported tubs proposition
tie present because II Tepudl-
ates larger portion Of debt than the bondhOdrrs
agreed TO- Tie act now before The people contains "A
pr0visO that scheme shall not De submitted 10 vote
until the consent OF DondhOlders holding certain
amount Of the dsbt hss been obtained. Tus consent
mas been OBTAINED, and the minds % many voters d.
the scheme OF anything IKE reputation. Senator
Bailey and other leading Democrats nave been speak
ing In favor or the proposed compromise although be-
eviaa every dollar OF the debt ought 10 be- pad as
being better than total population. Several Demo
Gratis have strongly opposed the scheme, ana
number Of Republicans have issued protest
10 fhe people OF the State. This Republican protest
that compromise Ia IT, present form did not
come frUm States creditors, ana that the time may
vet come state viii have 10 full large
MAIN Der Of bOudnodeTs who Nil have iath enough IN
tine right b hold bonds until the return Of
perty TO the Common wealth Besides being rignI"
the protest says. 1t would be worth many millions VI
dollars 10 Tennessee recognize the debt IN ul. and
snow disposItlOn 10 pay AS We can
The support hich the measure receives from men
who think 10 best that be obtained from The
really repudating eiemrnt OF the state WILL IS
pose carry il through to-day. Thousands Of voters,
i said will away from the polis becauSt II tney
vote for the me they VIII DE- indOrSng partial Re-
pudaOn If thoy vote AGAINST ~ theY Will % looked
upon = faVOriDg reputation OF the Whole dobt
A DpDN-v1 pT,T n sK -Ihpfe ia n minor that