New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-08-23

These arc the ngures aud the public determine
how class Judge Hoadiy.
The Louisville COurier-J0urnGi. with mcndacy I'M
eoualled, prints the following table:
Let us what the indebtedness II the States charged
with repudaton the close OF the war. and "hat
Republican did for them up t. tue D. iiOd OF rue
vrrimis-Dsos and abliiie at the close Of the war,
S3l 93S1 "A SO; debts and liabilities January l, lc|-'
Vnr9 S-oI,na-Dehts and liabilities at the close 81
the war principal. - 500 300; interest $1,26l,3l6;
whole amount. S1O.95l SIG; debts and liabilities
south Caroliua-De MS ana liabilities Mt the close OF
the war. S5.O4O.OOO; debts ana liabilities January l,
1eorgsDeits ami abilities at the close Of the war,
nominal de5ts and liabilities June 1871 T5o631'Doo
Fiorda-Debts and liabilities at The close OF Tue wlr,
1921 900; debts and liabilities January l. 1877
Tenncss e-Debts at the close Of the var
COG 66 debts and liabilities January l, ls72
xD-Drbts and liabilities at the close Of the war,
81 O36953 81; debts and liabilities January l, 1872
In-i@D-Debs and liabilities the close of the
81 OO00 OLA "a debts ana Liabilities January /, 49,
Texas-Dcbs and Liabilities at the close OF the war,
nominal; debts and liabilities January ]. 1872,
Aigbama-Debs nd liabilities the close Of the
S. 939 65I 81: debts and Liabilities January l, 1872
SIS $50 967 81.
The Oourier-Journai will hardly plead that it was
ignor amt OF the Virginia never had carpet
bag Governor except the carpebag Democrat, Walker
who official hOnors ceased. at orce left the
State or that Virginia never had a Republican Legsla-
ture The Reconstruction Convention was Republican
and if set aside portion OF the States revenues for
school purposes. Democratic Governor and Legsla-
ture In plain violation OF their Oaths OF office, used
borrowed the term they used-a portion OF that
fund.- amounting TO nearly $1O0O.OO0. 10 pay them
selves and have not " returned IT, and the cOnse-
ouence IS that the public schools stopped nearly the
entire year.
The Oo,oier-JownaI also assumes that "carpet-bag
government coInmcn ced inmc datey at the close OF
the war, which it knows to be a false assumption
The debt of South Carolina when Governor Hampton
succeeded Chamberlain less than S6.OOOOOO. In
stead OF being $50 900 0O0 stated The Courier
Journal.
The $4,000. 900 debt of Georgia is lie from the
whole cloth ms IA also the S15 900 600 debt of florida.
The Tennessee debt IL the accumu ating and unpaid
interest OF the Democratic debt left the State BY
Democrats.
There is no truth In the Texas debt statement
Alabama Republicans made n debt contingent. how
ever TO assist in building railroads through the state
Asto Arkansas can give a full history OF It's debt:
About 1910 it issued OF bonds for the Real Es
tate Bank sold ihem and never paid dollar OF interest
or principle Another series OF 100000 OF per cent
thirty-year bonds were issued for the state Bank
These bonds were ntrscd to two prominent Democrats
to negotiate. They bypothecaicd them with Corcoran
& Riggs Of this city, Tor SI250OO $4,000 OF which
these two leading Democrats put into their pockets and
turped In $4,000 to the bark These bonds passed
into tne nands OF an Engliahinau named Hoord, and
no interest paid on them
In 1868 when the Repub cans came into power they
foupd Arkansas wilton, credit aud with fifty miles OF
railroad IA Their ffst business was 10 restore
me credit STATE and they DID THIS by funding the
od bonds with interest aided H. They then passed
ana febu ldiIg The levces torn down during
Tho war and issued So 600. 600 worth OF bonds know
"a d. Ievee bonds" when were receivable for swamp
Ionds aud were only rene'inable In mat way Most ~
ibem tnnk. have been taken up. and through them
! ihe levees In Arkansas are IN good condition
Nrxf they passed railroad ald law Under THIS
low he Governor was auhO. EEL 10 issue 10 any rail-
roaf company banding IN tle ate per cent thirty
wear bOnis az the rate or @lpV'O PEI mIc, 10 roads
That mad received land grants ara $40 600 10 those that
hnn ne. TIE roads receiving THIS a were bound semi
annually pay into the Stac Ii"ur' an amount equal
f r inter n on the bonas loaned hem. sinking
mud to retire them, and IN the event Ol failure 10 make
tni- paymenf, the ate Treasurer was hcctrd 10 Sc
ou,.f.r the TO as place receiver ~ osscsson and,
after deducfng acfull running expense TO apply the
remainder OF the rfccip To the p}wrh u the roads
to the STATE. About SG,3OO,OoO OF these
bond, were issued aud the passage 81 ms aw secured
thc buldna AJO miles 81 roar DY direct AID, and OF
nearly az much more indirectly Tie interest was paid
'r~notIv an al the Arkansas bonds, ncnilng The rail-
aid bonds whilst the ifP"'H'.iNS were III power
Tne four railroads that had received ana were AT N d.
tamil aud tLe state Treasurer wasn possession OF Az of
| them.
| A rnmo Democratic Legislature met IN the spring ~
1874 and repealed the clause ~ NO r"lroad ala law
autnorz ug the treasurer hold the ROADS and that
| US me only law Il passed To call convention.
BY taat Democratic act the sure ana sde remedy the
Slate had 20 the repaymeneoi liz loan 10 the
roads was taken away. The roads were al sold Ou'
uder MORTGAGE ana now The ; safe has no remedy bat
10 reuudiatc rs bonds WhcI the Democrats about
to do Not dollar oil the Arkansas dcDt Is chaigeable
| % Republicans.
f. Is IIne that this Democratic Ito alb out CARPET has
heyng IN the south repeated - u Is ny SUCH IA en- AS