Southern standard. (McMinnville, Tenn.) 1879-current, 1880-03-27

succeeded in gaining n grand victory for the
people of the State-has reduced the debt
one half and the interest one third, even if
a settlement is made ut 80 cents on the dol.
lar. Col. Savage is the GENTLEMAN who orys-
talized the idea of a settlement by naming
figure which he thought the State able and
willing to pay, while other statesmen were
beating the bushes in the establishment of a
State Bank, creating Fiscal Agent, and
other equally impracticable projects, to pay
the bondholder his hundred cents. So far
from Col. Savage suffering any defeat, he
has gained through his indomitab& energy,
boldness, and frank manner of dealing with
this question, one of the grandest victories,
and to him the people are indebted for the
saving OF twelve millions of dollars prlnci.
pal, and the difference between and per
cent. interest-nOt much Of deteat."
Does not the Era endorse and advo-
cate this'grand victory by which "tbe
debt is reduced one half and interest one
thirdg Does not the Era claim the
compromise Of 5C-4f fer Savage since BY
il only, coe.s iht people save Selvs
millions of dollars and the difference
between A and 6 per cent interest"
which is one of the "grandest victories 7
Walk up, fellow-citizens of Warren
county, who desire to know the whole
truth of this matter, and look in upon
this horse David f. Wallace in the sta
BILE standing up on his ''paster,s" nip
ping the 5O-4 fodder in the high tao rack
Walk up gentlemen-he is in there and
no doubt Of it-lJe 8isel
We now propose to show you how he
nips this 5O-4 high.tax-fodder. Step
up a little, if you please, just seven
days, to April 10, 1879, when the Era
says this: "We think the bondholder
is standing very prominently in his own
way, even in deferring favorable re-
sponse as to their acceptance of the
proposition made by the Legislature,
(the 50.4.) And for the sake of a set
tlement of the question satisfactorily
in its manner to all parties, I've hope
they n,ay still see it to their interest to re-
cede from the defiant position which
they have assumed"
"The fifty cents proposition is the
best that will ever be offered by the
State in our opinion"
Step up a little further gentlemen to
the 18th of April, 1879, and see how
the New Era defends not only "the
50-4 measure" and Col. Savage, but the
entire Legislature that passed that
measure. The Era says:
4 "rHE RECENT LEGISLATURE.
4 "We cut the. following welt-tined
and sensible article from the Memphis
Ledger. 1t was remarkable strange
occurrence that the Legislature was
abused and villifed by certain class
even from the beginning of the session
before they had done anything"
Here follows the "well-timed and
sensible article" of two-thirds of a col
umn, which the Era copies and en-
dorses. 1t is too long for our space
but the substance of it may be gather
ed from this e.tlact which we takt
from the article in the Era:
"It was legislature fresh from thu
Z people x x X and we believe tha
a more honest body has never Assem-
!, bled, and that its acts will compar,
/ fauorably with those of any Legislature
that ever met in the State"
The prominent feature in this articl
is that it had economical time ant
money and had adopted "the So
!, measure.
ii Seven steps forward gentlemen,
1you please, and see how the Era hors
: nips the high-tax fodder on the oath @
April, 1879:
Z "Since the adjournment OF the Legisli
ture, Col Savage has been at home, workin
every hour for his clients, whose interest
@ before the courts had been neglected by hi
service in the Senate. When asked to az
dress the people he has refused. No, sal
La I ba nd fba 1af 4ba Al
= and the bondholder settle it'll never tran
S per (?) with the jury. / shall not vote for til
propostion--but if the people do shall b
q ready to vote fifty cents tax to make tn
t payment"
G Very good fodder indeed, especiall
J. that "ffty cents tax to make payment
of ''the 50-4 measure" No man hi
is ever reached higher than this for til
st fodder.
y In the same paper the Era defenC
,, Savage thus: ..a
t. "Col. Savage moved to have ii
proposition of the bondholders to sett
the debt at 60-6 submitted to the pc
IS pie along with the proposition to sett
d at 40-4. This was his offense and not
a. ing more, and had the proposition
v. Col. Savage prevailed there would ha,
! been even greater probability of carr
y ing before the people The 5O-4;;" and Il
re Era concludes this defense thus, "N
g man in the State has stood closer
as party line than Col. Savage"
il Now, gentlemen, step up a lit
higher still and see how the Era hor