Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-04-27
UpIuIons OF the press.

ALI the harmony screechers are pleading
and threading to accomplish the defeat OF
the 60 4-5-6 proposition. Ii those fellows
were offered settlement at ten cents on the
dollar they'd fad an excuse for rejecting it.
They lie in their throats when they pretend
to wish settlement of the State debt
| Chattanooga Times.
The Democrats in the Legislature who vote
for Mr.. Buffers proposition should be care
ful TO ascertain how many of the creditors of
Tennessee have signed it. Remember, gen.
tiemen, we owe about $S0,000,O00 and
only the other day it was considered ex-
ceedingly 'high moral ground" to make no
settlement in which our creditors were not
corsulted.-Nashvias Void.
Does the State owe sum of money, now.
owing to her own default nearly $4,000, 900
and daily growing? Ii so, will it grow less
by waiting? VIII it pay itself? Will any
body pay it? Will ANYTHING turn up?
Then, will it not be well to have it settled at
once by the legal authority, put forever out
the way and Withdrawn from politics? When
forty per cent. reduction is offered is it not
reasonable to suppose that a better offer will
never De made? Are not the terms as favor
able as could in fairness be asked? Is not
the settlement reasonable? the burden within
the ability OF the State. Then, why should
il be held open to afford an opportunity to
two cabals Of intriguing politicians ?
Ndsfulfte banner.
Ii the State-eredit men in the Legislature
are wise they will adopt the best plan of
settlement attainable after negutiation with
representatives of the bulko of the creditors.
So far as parties are concerned, they are
both between the devil and the deep sea.
Any decent or business-like disposal of the
dett; any serious attempt in that direction
such refunding and paying one or two
instruments of interest-wil almost GER
tainly work great confusion of party lines.
We discount that in advance, and say the
general breakup had as we'll come one time
"a another. No party as such, ever did,
ever can, or will, settle such a question,
though such questions not infrequently set
tie parties very effectullly.-C Chattanooga
Tmss..
This settlement is to be put through by
exactly the ssme- vote, it is hoped, which
passed the 1908 bill This is a Republican
measure, with a few Democratic voters, who,
becoming dissatisfied, acted with the Repu6-
licans; and 1T ia not intended here to impugn
their motives, but only to show that the great
b jdy Of the taxpayers feel that a great
wrong was done; and should the same vote
pass this bill (Which Is really harder bill
than the l00-3), the feeling against it will be
so intense that it will be 4 dead letter on
the statute book, and the creditors will be
much further from a settlement than before
its passage. The mistake which the gentle
men made in voting for the 1908 bill will
be observation-disclosures such mistake ought to
be overlooked-but whoever helps the Re-
publican party carry forward this scheme
for dividing the Democratic party, and there
by destroying all hope of settling the debt in
any reasonable time, will find constituency
hard to appease.-NashUiAs An1erfc1n.