The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-11-03
PAYMENT OF OLD BONDS.
The Lower House At Atlanta Refers
the Matter to a Committee.

Dy ~ N~eAN4--ts 4 81 ~-AS-@~ Ia - p "a
tyite Hogan, However, Stands as
Night be Expected Against Pay
ment-Tbe House Endorses Angus
ta's Invitation to President Cleve-
land to Visit the State.
Atlanta. Ca. Nov. The special order
OF the day in the House was the bill intro
duccd by Mr.. Bacon, of Bibb, to issue
bonds known as the convention bonds,
issued by Charles j. Jenkins, governor,
and certain past due bonds of the state is
sued by Charles j. Mcdonald, governor,
and countersigned by J. Crawford as pres
ident Of the board of commissioners Of
the Western and Atlantic railroad In
1866 +. L. Hayes, Of Newport, r. l.,
bought from John A. Broadhead of New
York, sixteen $500 bonds Of the state Of
Georgia bearing per cent. interest,
these bonds being part of an issue of
$50 bonds. The bonds matured in 1871
but the sixteen held by +. L. Hayes were
never paid, on account of some error made
in the treasurer's Office. In 1874 e. p.
Scott x Co, of New York, purchased
Sl2,500 of Georgia past due 6 per cent.
bonds, issued in 1910 and 1871, paying for
the same 50 cents, 90 cents and 81 cents
on the dollar. Owing to a disagreement
between Gov Bullorl, and Treasurer
Angler the records Of past due bonds was
incomplete. Scott x Co proved their
ownership of =, 500 worth Of the
bonds. but could not. under an act
then IN existence. prove continued owner
shin of the other 81. 900 although they
held these bonds and the records of the
treasury showed they had never been
paid.
THE PROPOSITION TO PAY THEM.
r1o,,,.o,ositi,,r, +o NAG. Of tl,os, ro,,,7e
1,os 49,, 49, tbo 1a'ri fI,ra tir,oa,'a
srgsi,, ana has 5Iy-ays Lecr, ,,e,,o,,fo5 mon
T9TorabiV The n~onoeition nresented bl.
tbe biil is fo,. no statc ~ iss,le 80 o.
bonds co,, si0 400 the srno,nf If +bo,rin
cirai ana inte,,ost md doli,o, mon r.
Inc boIda,,s Of tho old borJe The 1ay,
bonds IL ie etinuIoted ehaII hoa,. nnI, ~
Nor. ,,anf iTfn,.ae+
Tl-bo, NO biiI ,,.,g ooI,,d M, +1,is
If the v-hoia 10 Con.ider il lIndoe
Wereboo Of Cl,.nn loin,, in mo ,.6gi7.
Mr. Ilau1inc Of I3i,by1nnd i,ay-io,,-Cd mo
Mn ~ io,,57tL ~ .-,.,-,,l tio
1nanna, tb+f tbe tonds7 sLo,id ha MA
He arryed arnong otber, tbiDas tbof tho
Interest ON the bonds had been reguIarIv
paid up TO their maturity. which. Of
itself, was an evidence that the bonds
were valid and should be paid.
BRANCH FAvoRs PAYING.
When Mn L1or,;r,r Concluded Nal
pranrb tho t,ird na,.t, T,onIIo,. rrnY,i
Coinmtia oainpo the Foor Evo,v bod,
tFo1+it o 80 ,I,.iI,o5 to a,,,,ls XII
no the surprise Of the House nc he said aid ne
IA ,l,l,' ne
U u hue gC v WIS in 'C 70 pay IF
iii VIZ
s,,,lc 49, Ia ,;lI fnI.
Seemed to lin, tha, tbaro I,as so,1otHi,,,y
1ottcn hcbin5 tbis bvsineeg 10 eoiJ he
va COM r., ,.I,t,. ac,,;rs+ Tho hi u io
was Inc onlv man in C,eorgia to vote
IL 10 -, - ,''iii ~ 70 i4tt
was on account of the third party. but
that made no difference to him because he
did not think they should be paid. He
said futher that he did not imDugn the
motives of the gentleman from Richmond.
because he thought he was satisfied he
was right The President of the
limited States coul1 he ,vrono at tirnee"
said the speaker and so may the gentle
man from Richmond although he he
leves he is right.
Mr.. Sears. of Webster was not salts
fed with the bin. as he rhouoht tGera
was a cloud lowering over the bonds.
No o,-rsrto,, A. r-o ,rt,rrp rr,,,,rv
80 VA
,ison oc C1uitT,"n ,.o,d 80 - ,1,o "a
bonds. lie argued that ther, was no Dre.
tense that the bonds were iUegal
that the state had not received tbe
money for them. and thar it was NOT
lust debt
Mir. Graham. of Amino smoke for tba
bill.
MIR Rankin. of Gordon said tho renort
on the bonds was not full enonob To sat
lsfv him. and he would be forced IN vote
against the bill.
MIR. FLEMING asserted that tho IaoisIo-
ture which fret had tbe hiu heforo IT.
did not pass it because The ieefsIatorS did
not have the moral COURAGE to Mes mon
it, p'77 ''f'l
In ,o,,l,.in,r p, +l,i, o..or.io,, NJ, d.
1; - ~ liiE w 'lIl' st9'el ulull MI NAN
~ ne"u me nailloS 9l Solno OF Ihe Iegls-
-, " ~ o'po , 'l( ollI' Among
W., riC ny ,lliieS o., w D. Norlheh'
M i3r,e GuDls "a" anu anu ICl'c barro"'
VI A ilr,i SHll SUI UieS were men VINO
by Mr.. Fleming.