The Caucasian. (Clinton, N.C.) 188?-1913, 1895-04-11

lsgil
THE LEGISLATURE OF 1879 HAS
Cost THE PEOPLE $Gj,719 81 up to
date.
See the books Of the State Treas
urer. The report of the State Auditor
for 1895 is not ready.
ooh, what difference in the morning
When the Truth and Solid Facts begin
adawnin'.
Just study these figures little.
Just see how they jump up and in
crease from one legislative period
to another. The more the people
trusted the Democratic party, the
worse it became, until, during the
last two years it was in power, it
got away with nearly two and half
millions of dollars of public money.
Just notice one thing. The legis-
latures of 1879 50 cost the people of
North Carolina $7l ,293.SO.
The legislature of 1893 "a cost the
people of North Carolina 500, 976.7o.
The Legislature of 1898 90 cost the
people of North Carolina 500, 779.S4,
and this included an amount of more
than So, OOO. 90 paid to contestants for
seats-an expense hardly heretofore
known, and which was direct re-
suit of Democratic fraud and
rascality at the ballot-boxes in the
election of 1894. And this legisla-
ture did twice as much work as any
one ever assembled in North Caro-
lima
Say, can you see7 Can you add up
and subtract tt Do you know the
significance of dry, cold fgures9 Do
you want any more Democracy If
80 you have the power to take it; bnt
if you will excuse us, gentlemen, no
more for US, please.
incidentally it might be said that
the reports of the State auditor
make marvellously interesting read
ing for people who have the public
good at heart. Suppose you send to
the auditor for one-the last one for
instance. Just try it.
THE FAMOUS AND"INFAMOUS" MORT
GAG LAW.
Last week the CAUCASIAN made
mention of what had become a noted
claw" 1t was the assignment act
which some rascally Democrat, paid
by foreign money, had ''sneaked'
in among the enrolled bills of the
General Assembly, and by this means
secured the signatures of the Presl
dent of the Senate and Speaker OF
the House making it law. The bill
was as follows:
Section 1. That all conditional sales, as
signments, or deeds of trust, which are exc
| cuted to secure any debt, obligation, note o.
| bond, which gives preferences to any credi
tor of the maker, shall be absolutely yoiC
as to existing creditors.
AS before stated the money lenders
and mortgage takers were af,aiC
they could not get control of every
thing the borrowers might own under
this law, and they made the Demo
cratic press create one Of their usua
| fogs about it, and in the meantime
made much noise with fog-horns-
saying the whole country had gone
to the bOw-wows, and otherwise at
tempting to alarm the people. Quiet
conservative people said nothing
but begun to look into the matter
for it vas claimed that chattel mort
cages and lein bonds given for ad.
vances of supplies would not be good
under this law.
A case was brought from Durham
to the Supreme Court so that decis.
ion as to the operation of the law
might be had. The Court decide
that it does not apply to mortgages ere.
cuted for present consideration. This
decision is to the effect that a mort.
gage or lien given for supplies, o,
anything that the mortgage is Sc
curity for, is as valid and good as il
ever was.
The law as it stands will prevent
any one from making preferred credi
tors in case of an assignment for the
benefit of creditors.
The decision in the case was
handed down by Justice Montgomery
b, ing concurred in by the Chief Jus
tice and Justices Furches and Clark
Justice Avery filed a DISSENTING
opinion to the effect that no properly
constituted case was before the court
While Justice Clark concurred in thu
decision of Justice Montgomery con
corning the construction of the law
he also concurred with Justice Avery
concerning the status of the cas-,
heard.
But whatever the law does or doe
not do, it is fraud. 1t is not justl,
entitled to publication. It appear
among the laws through some shrewt
scheming and manipulation-ant
that this scheming and manipulate,
was done by some Democrat, afte,
the bill had been tabled in the House
can scarcely be doubted. A Demo
crat confesses to have drawn the bill