Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1881-05-11
Final Answer OF "Truo Deme-
crat" TO 81. q. T."

Final Answer OF "Eruo Deme-
crat" TO ST.. q. t."
EDITOR LEDGER-I have read 81.
G. T.'s'' last remarkable production,
lin your issue of May 9th, with a char
acteristic heading Of his own again.
He entities this last effusion 1.-THE
Truth Condensed" In this last arti-
Gle he not only shows that he does
not know that words are things" but
that he is even unacquainted with
their common meaning. | will briefly
examine his truth condensed"
/. This profound logician asserts in
substance that the result of an cleo
ton in which the sole issue was the
state debt, and in which both the old
parties were swallowed up by the
brokers' bill party and the readjuster
party, is not a test of the relative
strength of the two parties, but that
the result of the presidential election,
in which the state debt did not at all
enter, is. Then, he says, "the tunder
electors received 96,9l2 votes" Now,
the truth" is, there was no tunder
| electoral tucked in the field. Every.
where in the state the conservative"
speakers and papers denied they were
, the "funder party" and asserted that
the debt question had nothing to do
with federal politics, and appealed to
readiusters to b lpthem ave the state
to Hancock by voting their electoral
ticket. The conservative party, in
electing delegates to Cincinnati, gave
the r~eadjusters two delegates at large
and a proportionate representation OF
district delegates.
2. What 1T" says Of the justi6-
ableness of c~ompulsion, and the "dif,
ference between the cases of
Memphis and the state of Tennessee"
clearly establishes his ethical status,
land | am satisfied with it, if he is.
In effect be s-ys the creator may ethi-
cally do justly aud honorably for its
creature what it cannot so do for it.
self.
3. In regard to the existence of the
democratic party. | repeat that It's
quotation from school historic except
Ridpaths, when read understandingly,
sustain my statement about the demo-
cratic party, and it will surprise any
true democrat that one calling himself
such Should quote Ridpath as author
it,. In your quotation from Stephens,
page 25S, ynu misFepresent him, IT"
His word latter" referred to "latitu-
dinarian coustructionists," and not
"ceDtralists' as you state. You may
not know it, but there is a vast differ
ence between the two. For example,
Henry Clay was one Of the former,
but not a centralist "T." quotes
from Quackenbos, page 23O, only so
much as suiteo his pur
pose. Quackenbos says: "ihis
party, which embraced JeTer-
son and other distinguished pitriots
soon became known as republicans,
democrats, or states rights men,
and if IT" will probe beyond and
back of school histories, he may find
some were called by still other names
in other places. l do not go to
'school histories to learn the politi-
cal history of my country. | repeat
that up TO 1923 the distinctive party
name Of the strict constructionists'
was republican, aud that Jefferson,
Madison and Monroe were elected rs
republicans. Since 1923 democrats in
different parts of the country have
frequently been known aud called by
other names, but The distinctive name
Of the party has been the democratic
party. | will illustrate In the last
presidential election the distinctive
name Of the party was democratic, but
its candidates were supported in Maine
by the fusionists, in Virginia by the
conservative and ''readjuster" par
ties, and in Tennessee by the demo
cratic and conservative party. THE
history Of the greatdemocratic party"
says ct" is co-extensive with that
of the United States From the
context | suppose he may mean Co.
eval instead Of CO. extensive, but
whichever he means, neither state
ment is correct or supported by "the
truth" Of history. In studying the
political history of your country, ST.
don't confne yourself to school his.
tories"
4 81. G. T." says, he Showed the
McCulloch bill was not a thing of iui-
guilty, but for fairer to the citizens
than the resdjuster Riddleberger bill.
Pray, when and where did you show
this? 1.-The Riddleberger BILL" will
stay CLOSE to" your side" No fan
der will ever print the McCulloeh bill
and the Riddleberger bill side by
sidel The McCulloch bill, in form
and purport, is a 40 years irrepeslable
contract between Virginia and the
London and New York syndicates Of
brokers, by aud through whom alone
the refunding can be done. The accu
mutation Of interest on the 'pee,er
and unfunded bonds. now amounting
to over $j,0J0.0C0, is to be capitalized
under this bill at 80 cents on the
dollar, thus repudiating one-half ab-
solutely. Moreover, to fund a $1C0 bond
one must buy ofthe brokers association
$500 oftheir consol bondsa at their price.
Either way it is bad for the innocent
bondholder. have asserted in sub.
stance, that this McCulloch bill was a
most infamous, iniquitous and undem-
Ocratic measure, a mere brokers' job
of the most corrupt sort, and / repeat
it. Every unpreiudiced mar who
reads it will approve my denunciation
of it.
5. Here is some Of IL. G. T'so
truth condensed" II showed
says be, that the coupon
feature Of the McCulloch bill had al
ready been incorporated with the debt
By previous laws" How could YOU.
when the only other act, aud the first.
containing this provision was that
other brokers' job Of 1871, which the
conservative party repealed in 1872