The state chronicle., 1888-10-19
WHO DOUBTS IT?
MORTON WANTS TO COLLECT TIL e
SPECIAL TAX BONDS.
The Evidence From the New York Times
is Proof OF His PuvpOse---N hat Say
the VOterSh

The Evidence From the New York Times
is Proof of His PurpOse---N hat Say
the Voters.
Three or four weeks ago the CHRONICLE
gave to its readers d history of the Special
Tax Bond legislation, aud gave them
| cartoon showing what would be the result
in North Carolina if the people should be
| compelled to pay these bonds, issued by
the Radical legislature. We stated that
Mr.. Morton, the Radical candidate for
Vice President, was the owner of these
bonds and that if he had the power he
would enforce their collection. To pay
these bonds would require one seventh of
all the property in the State.
TIE Radicals tried to make the people
believe that there was nothing in all this
and that Mr.. Morton was not thinking of
special tax bonds, and that there exists no
danger to our people from them. But the
people are not fools. They know that Mr..
Morton Is now sueing the State to compel
the payment of the bonds, and they know
that, if elected, he will use his influence
/ to compel their payment. 1t would put
thirty million dollars in his pocket, and
take thirty million dollars out of the pock-
cts of North Carolinians.
There can be no longer room for doubt
as to Mr.. Morton's desire. The New York
Times, in a recent issue, gives statement
OF Mr. Mortons desire to carry North Car
DINA for the Republicans, and gives 1.-The
milk in the cocoanut." The Times is not
a Democratic paper, but has always been
a Republican paper until it supported Mr..
Cleveland four years ago.
The follow jng from the New Gork Times
ought to he read by every North Carolin-
ian
Senator quay IS in very unamiable
mood nowadays, and not a little of his
! bad Eumor is caused by the persistence Of
! the Hon. Levi 2. Morton in making him
! SPEND MANY THOUSANDS or DOLLARS IN EN-
| DEsNORlNs. To CARRY NORTH CAROLINA
! FOR THE kEPI BLICANs. According to
member Of the National Republican Exec
tive Committee this has been the burden
! Of Mortcn's song ever since the beginning
| of tie Campaign. Mr Morton said some
| time 4 hat he had given to the National
i. publican Committee three times the
! amount OF what his salary As Vice Presi-
! dent would be, which is supposed to mean
| that he has contributed 500, 900 In re-
! turn for this he has insisted. and still in
! sists, that the full power OF the National
Committee shall be used TO carry North
I Carolina Senator Quay objected at first,
/ but he could hardly help yielding to the
! party's candidate for the Vice Presidency
and its greatest pecuniary aid, so AN
| ENERGETIC REPUBLICAN CAMPAIGN HAS BEEN
! CARRIED ON IN NORTH CAROLINA, and Sen
ator Quay has spent money in that State
! which he wanted to devote to other States.
/ The disgust of Senator Quay now is due
! to a discovery which he has Just made Of
the reasons which actuate Mr.. Morton in
| desiring to have North Carolina 90 Re
publican. They are, in short, that the
firm of Morton, Bliss Il Co. are holders of
what are known as the special tax bonds,
which now amount, principal and interest,
to more than $50, 0OO GOO. These bonds
were issued when North Carolina was in
| the hands OF he carpet baggerS and it
| vas pretended thai they Were to be de-
voted to the building of certain railroads
in the promotion of which Milton 5. Lit
tletield was the chief actor. a special tax
| WAS levied ior their payment, hence their
uame. Llttleeld took the bonds, sold
them in New York for what they would
bring, and did not build any railroads
with them. The fraud was gross that
! after North Carolina came under the con-
| troll of its decent and respectable citizens,
u constitutional provision was enacted for
bidding their payment unless such pay
ment should be authorized by a ma iority
of the voters of the State al the ballot box
| Morton, Bliss Il Co bought up these
bonds after their Reputation for almost
nothing, and have made several attempts
to coil ct them through the courts. Test
suits have been brought in individual
bonds in the United States Circuit Court
for North Carolina in the name of dunn
mics who reside in North Carolina. The
suits are not brought by Morton, Bliss &
Co., in order to avoid the provisions of
the eleventh amendment to the Federal
Constitution which forbids the bringing
of a suit against State by resident of
another State. One of these suits is now
pending in the United States Supreme
Court, with small chances of success.
But even if the suits We're to succeed, the
collection of the judgment would be diff
cult, unless the people, the Legislature,
and the Governor should be in favor of
paying it. THEREFORE Mr.. MORTON is
VERY DESTROYS TO HAVE NORTH CAROLINA
GO REPUBLICAN,, AND THERE ARE PERSONS
AT THE NATIONAL REPUBLICAN HEADQUAR
TIERS WHO ARE UNKIND ENOUGH TO SAY THAT
| HIS MAIN, If MOI HIS SOLE PU RPOSE.
IN OBTAINING THE REPUBLICAN
NOMINATION FOR THE VICE PRE>I-
DENCI, WAS TO BE THUS ENABLED
TO EMPLOY THE WHOLE POWER OF THF
PARTY THROUGH his NATIONAL COM
MITTEE TO COLLECT HIS BONDS WHICH
HE BOUGHT FOR ALMOST NOTHING AF'rET
, THEY HAD BEEN REPUDIATED. IL othe:
words, that his candidacy is only a vast
financial speculation, in which he uses
the Republican party as a tool to accom-
plish his ends.
If the Republicans were to captur,
North Carolina at this election of course
that would not of itself insure the pay
: ment of the bonds. But it would give
) Republican Governor, Republican Su
} preme Court, and a Republican Legisla
} ture Much may be done with said agen
: cies. At least negotiations could be con
Quoted for the payment of money on th'
bonds. And whatever is paid would b'
r likely to be profit TO Mr.. Morton. On'
t thing which initiates against the success
OF this gigantic scheme is the fact tha
the Democrats of North Carolina hay
''got on to it. Senator Ransom is abou
to freely expose ii on the stump, and hi
exposure will finally defeat it. The peo
/ pie OF North CaroiIua do not really wan
to pay for bonds from which they neve
| received any benefit, and which were is
. sued by rascals whom they have recentl
driven from the State