The home journal. (Winchester, Tenn.) 1858-188?, 1880-09-30
Why the People Of Lincoln
County Should Favor the
Payment Of the
Bonds.
From the Fayetteville Observer, 18th inst.l

From the Fayetteville Observer 18th inst,
Two weeks ago we showed why the
people of Fayetteville were for State
credit. We then promised to show why
he people of the county outside Of Fay
etteyilc should also favor State credit.
We then said that the people OF Lincoln
county met in convention in fayettc-
vile, and asked the Directors Of the
Winchester Il Alabama Railroad toI
convene their Board and send some OF
their body to Nashville to ask the
Brownlow Legislature to issue State
bonds to relay the iron on our rail-
road how that they met and appointed
Gems. Bright and Farquharson to go
to Nashville to intcrcede with the
Brownlow Legislature to issue said
bonds; how that Gen. Farquharson and
Gen. Bright did 60 and succeeded and
procured the issuance Of 1898, 900 Of
bonds for our railroad how that their
services were so highly appreciated that
the stockholders Of the W. u A. road
paid them 81 900 for procuring the is
suance of said bonds and finally that
the rebuilding of said railroad had built
up Fayetteville and increased the value
Of our town property from about $780,
900 to 100000.
Since writing that article we have
looked over the old files Of the Observer
and find We wrote many articles favor
ing the issuance Of said bonds. In do
ing so we find that no one of our friends
and patrons Of those days ever raised a
dissenting voice disagreeing with us as
to the policy Of asking Brownlow and
his Legislature to issue the bonds-on
the contrary we find several letters en-
couraging the issuance Of the bonds. We
find that the Directors in the Winchcs-
ter and Alabama Railroad who asked
for the issuance Of said bonds were Jno.
NJ. Bright, r. Farquharson, j. &.
Woods, Jacob Vance, W. c. Jennings,
W. II. Moores, w. n. Wright and j.
d. TiIlman, from the county Of Lincoln !;
J. NJ. Russey, Madison Porter, }. NJ.
Burrough, Thos. f. Moscly, L. l.. Mat
thews, e. Hunt, Samuel a. Smith and
Mark Henderson, from the county Of
Franklin.
Do the people of Lincoln county be-
lieve those men would have asked
Brownlow and his Legislature to issue
Illegal or unconstitutional bonds?
Would Gen. Bright have done 80?
Would W. c. Jennings have done 50?
But what was the result The tax
books Of Lincoln county for 1867, the
year the Winchester 4 Alabama Rail
road was rebuilt, show that the whole
Of the taxable property of Lincoln coun-
ty, after deducting $377,27 for the
part Of Lincoln now cut off into Moore,
was $2,S70, 430. What was it in the
year 1873? The tax books show it to
be 1898, A, an increase in value
from the date Of completion Of the rail
road Of one million onehaadrel and torty-
eight Thousand md to'uteen iolious. This
too in the face Of the fact that there was
no 81, 900 exemption in 1867 and in
1878 81 900 worth Of personal property
was exempted. Set little, one-horsc,
cross-road politicians have been bowling
it into your ears, day after day, that you
have been growing poorer and poorer
for the last ten years. The above fig
urcs give the lie direct to their asser-
tons. Your TworD Justices Of the Peace
were the assessors III 1867, your sr0rp
Justices Of the Peace we're your assass-
orS in 1873. What has caused thi. in
crease in the value Of your property?
VIII any fair, candid man say that it
was other than the building Of the Win
chester IL Alabama Railroad, which wa;
done with the Brownow bonds which
yoa, the people Of Lincoln county, asked
yoU members Of the Legislature, and
your Directors Of the Winchester Il a.
ALBANIA Railroad to have issued 1t
wont do for you to answer, 81 didn't.
d. it," and another and another, II
didn't do it," Like st. Paul at Tho
death Of the martyr Stephen, if you
didn't 70 IN person and ask it to be done,
you stood by couuseIng."
The building of the w. & Ala. rail
road has added to your wealth in hun
lred ways. Your numerous turnpikcs
would never have been built but for it,
1t has enabled you to get 10 to - cents
more on your wheat and corn per bush
Fl, the same ratio on pork, bacon, -four
beef cattle, cotton, and the many other
things YOU ship. The rc,y eggs you ship
now, which you would have either vast
I'd or not produced but for the building
If this railroad with these bonds, will
more than pay your increase Of taxes if
YOU will settle and pay these bonds
which have added so much to your
wealth. Men Of Lincoln county, we
hink YOU will not refuse to vote tor the
men who will settles and pay those bonds
They have added more than million of
dollars to your wealth, and now will you
efuse to bear your share of the burdens
n paying them? John V. Wright says
We can settle and pay with an increase
# only 30 cents on the one hundred ,
dollars worth, or 40 cents as the whole Z
State tax. This is light tax compared
With what most Of the States pay. Ne
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