Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-06-09
THE 60 3-4.5.6 ACT
Very Generally Condemned by the DEM
Ocrats of Tennessee Through Their
County Conventions.
General O'NeaI for Governor Of Ala.
bama-Chalmers Making Things
Lively in Mississippi.

Q On Saturday next, the 10Th instant, an
election will be held in this county, for the
| purpose OF selecting delegates to the guber-
material convention to be held in Nashville
on Tuesday, the goth instant. Every Demo
cratic voter is entitled, and specially urged,
70 take part in electing these delegates. The
election of delegates in the various civil
districts of the county will be held at their
several voting places between the hours of l
and o'clock pm, and in the Taxing Dis
trict the delegates will be chosen by mass
meeting of the Democracy from all the
wards, which has been called to assemble in
the courthouse on that day at s pm. The
delegates thus elected will be subject to such
rules and regulations az may be adopted by
the Democracy of Shelby county, which has
been called to assemble in mass-meeting at
the courthouse in Memphis, on Saturday,
June 18th, at IL o'clock am, for the pur-
pose of taking action on all matters of in
terest to the party, and selecting new Ex-
ecutive Committee TO serve the next two
years. The delegates elect 10 the State Con-
vention are specially requested to attend the
mass-meeting and take part in its delibera-
tions.
The Democrats of Robertson county, in
convention on Monday, condemned the sixty
three-four-fve-six act, and favor settle
ment OF the legal Indebtedness OF the State
upon the best terms possible, not TO exceed
fifty cents on the dollar with three per cent.
interest, and the delegates TO the State Con-
venion are instructed for settlement
above fifty and-four. The conduct OF the
State senator and representatives was in
dorsed. 1t was also resolved that we hold
in grateful remembrance the action of the
Supreme Court of Tennessee in deciding the
one hundred-and-three act as unconstitution-
al, and thereby upholding the rights, liber-
ties and sovereignty Of the people"
The Democrats of Hamblen county met at
Morristown on Monday last and selected
delegates to the State Convention. The res
olutions adopted were strongly in opposition
to the sixty three-four-fve-six act, and in
sist that the terms of settlement should be
definitely settled and stated in the platform
of the Democratic party in convention to be
held at Nashville in June, 1882. The dele
gates, while not instructed, are expected TO
do all in their power to carry out SIS near as
possible the spirit of the resolutions; and
are positively instructed TO abide the result
of the June Convention, recognizing as the
Hamblen Democrats do, the right OF the
majority to control in these matters. The
delegates are also instructed to secure, if
possible, by all reasonable concessions, the
union and harmony of the Democratic party.
The Democrats of James county, on Mon
day, held convention and selected delegates
to the State Convention. The resolutions
adopted condemn the sixty three-four-ive-
six act, and favor its early repeal, and insist
that any settlement of the State debt above
fifty-and-three must be submitted to the
people. The delegates are uninstructed.
At convention held in Ashland City,
Cheatham county, on Monday, State-credit
chairman and secretary were chosen. A
resolution was adopted to equally divide the
delegation to the Gubernatorial Conven-
tion-one-half State-credit and the other
half Low-Tax. A resolution expressing the
sentiment of the convention as favoring the
and indorsfng Garner for governor, was in
troduced. The objection to the resolution
being so strong, it was withdrawn, and one
the delegates to do everything in
their power, consistent with honor and credit
to the State, to harmonic the Democratic
party in the coming State Convention, was
adopted.
The Democrats of Trousdale county, in
convention on Monday last, resolved that
the so-called sixty-six settlement of our State
debt is both falsehood and fraud; fraud,
because no settlement can be made that is
not Endorsed by the people; and falsehood.
because it claims the consent of the bond
holders, which has never been given. The
Democracy of Trousdale will not OPP
pose any settlement simply on account of
the money involved, but will indorse a set
Element, Just to all parties concerned, that
the right of the people to finally
decide thereon at the ballot-box.
Pertinent to the approaching canvass,
which will largely turn upon the State-debt
we quote the following threat
from the bondhoIders' organ, the New York
Graphic:
Tennessee must pay this debt, and she can be |
made to pay it-not on the liberal compromise |
which was the basis OF the present agreement. but
100 cents on the dollar interest and principal in
iul. And this is what will happ il there is any
more comforting and shilly-shallying. All the |
bond hoders have to do is to assign their bonds to
the State of New York, and to make her the owner
Of them. The State of New York can thus sue the
State of Tennessee for these debts and recover the
fall amount. The money, when thus recovered |
from the State of Tennessee, would be the prop |
srty of the State of New York; but an enabling |
act would be passed by the Legislature authoriz-
ing the treasurer to pay 1t over to the bondholders
There is no doubt about this-and the people of |
will find to their sorrow how foolish |
they were to refuse TO heed the warning which the
Graphite gave them weeks ago TO agree with their |
adversary while in the way with him, lest he bale
Them before the judge, who will compel them to |
pay the uttermost farthing.
Jesse Harper, chairman of the National
Executive Committee, will be in attendance |
upon the State Greenback Committee which
N eets in the House of Representatives at
n Don on Monday next, the 18th instant, and
will deliver an address at night There will
be a meeting of the State Executive Com
mittee next Saturday. 3. F G. Brooks has
been appointed to solicit funds for Mr..
Harper's expenses.