The Morristown gazette. [volume] (Morristown, Tenn.) 1867-1920, 1879-04-09

| tOlIO"lnS S0htL0mOh W0tS appOlhG-
ed:
First District-R. r, Butler.
Second District-John M. Fleming.
Third District-Theo. Richmond.
Fourth DISTRICT. ". Judd.
Fifth District. W. Childress.
Sixth District-D. F. Wright.
Seventh District-Z. W. Ewing.
| Eighth Distinctly. F. Marden.
| Ninth District-Wilson Williams.
Tenth District-Joseph B. Sykes.
Speaker Fowlkes moved that ex-
Gov. Neil S. Brown be added to
the committee. Carried.
The committee then retired to the
Senate Chamber.
During the absence Of the COM
mittee, Messrs. J. B. Palmer, James
D. Richardson and W. H. jackson
were called upon to address the
meeting, but declined.
Short speeches on the proposed
settlement of the State debt were
made by Col. Thomas Claiborne and
DR.. Buchanan, of Davidson, and E.
A. James. Of Chattanooga.
The committee on resolutions hav.
ing returned. it reported, through It's
chairman, the following preamble
and resolutions, which were unani-
mously adopted:
WHEREAs-The Legislature of Ten
nessee at its recent session passed an act
proposing to the bondhOlders of the
State settlement of her liabilities at
the rate of fifty cents on the dollar, with !
four per cent interest; and, Whereas, !
without discussing whether the rate of |
settlement meets our views or not, or |
whether we as citizens and tax payers
would have been in favor of Offering |
more or preferred less, we recognize the |
action of the Legislature as entitled to a
respectful consideration. This result
was reached after a long and labOrious
effort, by compromise in which every
view of the situation was elaborated
with signal ability and research; and,
Whereas, there must be an end of ali
strife, whether between counter views
of policy or opposing physical forces
and we are DESTROYS of peace and repose,
we, as citizens of Tennessee, represent
ing all shades Of partizan political opin-
ion,
Res0JUed, That Ex-Governor Porter, r.
r. Butler, Ex-Governor John g. Brown,
VIM. j. Sykes, Theodore Richmond, d,
Weaver, Geo. Washington, VIM Rule,
Fl. Cooper, j. W. Clapp be appointed
to at once visit New York
and confer with the holders of our bonds
in reference to the proposition submit
ted to them by the Legislature of Ten
lessee; and we do hereby pledge our
selves that, should said proposition be )
accepted by them, we will do all in our
power to procure a ratification of the
anne by the people of Tennessee, and to
larry out the same In good faith y
ReS0Lged, That we will do everything
honorable within our power to secure f
he passage of an act by the Legislature, g
hat will assemble In extra session under
he provisions of the act proposing a set {
lement of our Indebtedness, that will a
ct apart the necessary amount of taxes r
o meet the bonds when they become =
ue, which shall be known and des1gnat-
d as ''the compromise bond tax, !" which }
hall not be diverted from this purpose. t.
ReSOtged, That said committee, before o
8 departure, request of His ExceIlency o
Ov. Marks, any information he may
ave bearing upon this question that J
on. The resolutions were unanimous Y
: adopted. Judge Whitwsrth's name "
as added to the committee. !
On motion of James L. Gaines, of =
,nox. Judge Whltworth was added fl
, the committee to visit New York. Ii
On motion of j. w. Judd, of Rob. in
'tson, tue meeting adjourned sine
,e.
THE STATE CREDIT MEETING. m
The adjourned meeting of State A
edit men was held in the ladies' {
binary of the Maxwell House, at nc
O'Clock yesterday morning. Every Tn
at 10 the room was occupied. IN
The meeting was called to order -
, Honorable Henry Cooper. as
Ex-Goy. Neill S. Brown read many an
tiers, from different portions OF pr
e State, approving the object OF the wi
Getting. thu
Maj. w. j. Sykes read letter OF
'm Ex-Gov. Porter, expressing the 10
pc that the State creditors would Do
cept the fifty cents proposition. CHI
Remarks were made by Col. John mi
Fleming, Maj. j. w. Childress, ant
Wight, Maj, j. d. Richardson,
|, Thomas Claiborne and j. w, jec
do. she
Col. Fleming moved to appoint a bio
nmittee Of five to proceed at once OF
New York to assure the bond- gro
ders that the State credit men of Gov
nnessee would do all in their eve
yer 10 bring about ratification OF dis
fifty cents proposition, if the tau
ldholders accept it. Carried. mel
Fhe Chairman appointed ex- Gov. gre
Ill 5. Brown, ex. Gov. James d. VIII,
ter, Hon. Henry Cooper, State esp,
asurer Marsh L. Polk and Col. cry
nes l.. Gains as the committee. in t
II the meeting at the Capitol in
afternoon, il was understood that A
names which appear in the report mur
hose proceedings should be sub nigl
lted for The above. les.