The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-09-06
REPUDIATION RAsCALITY.

The righteousness OF that amiable journal,
the New York Tribune, toward the repudia-
tionists OF the South Is phenomenal, and Its
effort to rate every Southern Democrat as
red handed vlolator Of public obligations Is
truly wonderful We showed yesterday how
ever, that In denouneing the repudiatioDists
In Louisiana the Tribune was striking sledge-
hammer blows at its own partisans. It's
savage denuneiations OF reputation In the
South are being widely reprinted and com
mented upon by the Northern press. Among
the mild-mannered independent sheets which
have gulped down all Of Its mass ofabuse and
falsehood as Ii they were a sweet morsel. is
the Rochester, N. Y, Morning Herald. Hav-
ing printed what the Tribune said, the Herald,
under the heading Of Reputation Ras
caity," comments at length, and thus con-
cludes highly moral lecture:
Neither confidence, capital nor immigrants
can bs expected by a section which favors such
methods; and while the supremacy conceited
leaders themselves may imagine that they are
the bright embodiments OF the worlds ripast
ehiyalry and honor. tho res OF mankind will
| look upon them with unmitigafed contempt
| and brand them as pack Of interruptions
| scoundrels.
| Now this Is certainly a 'lightning striker"
| and 1t Is well tol look around and see who it has
struck. The DEMOCRAT yesterday showed,
and thalenged refutation, that the only act Of
Reputation that stained the legislation OF
Louisiana was the funding act and amend
ments OF 1874. That Legislation repudiated 40
per cent of the just, honest and valid debt of
the State, every dollar Of which ought to have
been paid and which the people OF the State
were willing to pay. And this 40 per cent
Of the honest debt Of the State was repudiated
for the purpose OF validating and securing
the payment Of 90 per cent Of the wild cat
bonds that had been issued BY corrupt and
prohigate Legislatures.
| Now then let the Tribune and the Rochester
paper bear In mind that the funding scheme
Of 1874 was devised and enforced by the Kel-
| logg usurpation. The Democracy of the State
were opposed to it, and protested against 1t.
But the Kellogg Returning Board, sustained
| by Federal bayonets, declared thai 1t had
been accepted by the people, and 1t was re-
morselessly carried into effect. At the time
the funding scheme Of Kellogg and Clinton
never dreamed Of repudiating a dollar OF
| the honest Indebtedness OF the State. They
had not even attached or questioned the
| millions OF WHO cat DOluS winch Lne RADICAL
leaders had thrown upon the markets. On
the contrary, they had expressed willing
ness to pay all bonds then in existence. They
only protested against the creating OF more
debts, and warned the world that they would
pay no more. Kellogg and Clinton first
preached the idea OF reputation In Louisiana,
and they and their political allies are alone
responsible for it.
Now, IL the Rochester Herald means lie
Iignivomous denunciation to apply to Louis
lana repudiationists, then it has denounced
Kellogg, Clinton and their associates in the
usurpation OF the former worthy as "a pack
of INSCRIPTIONS scoundrels" whom the
world will look upon with unmitigated con.
tempt" This is ugly and discourteous Ian,
guage for such paper as the Rochester Her.
aid to use with reference to Mr.. Kellogg and
about that shining luminary Of New Orleans
independent Journalism Mr.. Charles Clinton
But 1t Is none Of our funeral, and as Roches-
ter is long distance from New Orleans, we
do not apprehend any immediate serious re-
| aulfs