The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1879-01-02
NORTHERN CREDITORS OF
SOUTHERN CITIES.

Lawyers and newspapers are both
employed by the bondholders Of MORT
bund cities to prevent the shaking OF
of this mortal coil called the city char
ter. Houston's creditors arc i'll at case,
and ''mdndanuses' are constantly thrust
into the faces of innocent mayors and
aldermen. 1t makes their hearts ache,
but they have no recourse, and must
either levy and collect a special tax to
extlnguish the debt or 90 to jail. The
people are helpless. Aldermen, may
ors and policemen, recorders and tax
collectors, their trends, kindred and
hangers-on, constitute a potent force
in any bankrupt city. They commonly
secure newspapers service. Delays
are interposed, and the corporation,
hurried to perdition by universal I'M
taxed suffrage, dies hard. But office
holders and their stipendiaries are not
the chiefest sufferers. Those unfortu-
nate people away down East who ad-
vanced money on market house and
other boDds, even when Brady, Tracy,
Barbour Lewis, Bullock aud B1steed
were bright lights in the Southern
horizon, weep that they suffered knav-
cry, controlling Ignorance, to become
omnipotent in corporate elections.
Blaire Is sad because Democracy, IN
latest elections, has out-generaled his
paIty-leaders and voted the blacks, q
right and practice deemed monopoly
of Republicans. e
Thus we fiud that Northern money
lenders and Northern party-leaders are
alike betrayed and alike losers by
their Senegambian investments of
money and of political power. Thad
Stevens and Ben Buffers wrongs done
the South and Southern civilization
bring anguish to every Northern en-
thusiast who invested money in South
ern securities, and to every trading,
ambitious, selfish party-leader, like
Blaine, who relied upon the negro
vote to maintain The supremacy of
Radicalism in the House. That body
may elect the next president and the
good African has been induced TO aid
in creating a Democratic majority
there, and Blaine and his followers
are enraged. But properly enough
they would wreak vengeance upon the
white man and not upon the poor Sen
egambians. These voters certainly
knew not what they did. 1t is sad
spectacle, these weeping professions
of heart-brokeh mayors, policemen,
\recorder'a clerks and countless cormo-
rants that prey upon towns and cities,
moving With downcast looks and
measured footsteps to the mighty
potter's field of dead and bank
rupt corporations. But East
ern capitalists, their clustering
attorneys and paid newspaper peo-
pie are most demonstrative and heart
broken. They threaten towns plum
aeyed and wrecked by Federal con-
ssl amendment, if they do not
, - >sorts of punishment.
no Is ers and creditors forced
-e,,.=,.sSsse SsSiiversal suffrage which
signifies universal ruin wherever its
worst forces are domenint, and now,
when the necessary and legitimate re-
suit of the outrage done by sectional
partisanship is developed, they swear
at the white man like POOR Blaine and
never at the negro and tramp and
never once at the trainers of the con-
stitutlonal amendment that filled Offices
with fools and knaves. We are sorry
for Butler and Blaine, we pity, too,
their dupes who invested in corporate
securities destroyed by universal suf-
frage. But they themselves, who laid
the train of woes, haYe exploded the
mine and may God pity them.