The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-01-22
LEAVE OF ABSENCE
Ricaud, RUSSELL and Com :
pany May Go.
Await Aciicn Democratic Convention
of 1906. Commission Opposed.
Give Governor Power to Pro-
tect States Interest.

/ was talking Yesterday with one OF
/ the ableSt lawyers in the State about
/ the remarkable proposition advanced
/ by Russell. Ricaud, Marion Butler and
| the other railroad lawyers who are
! helping Shatfer IL Co protect the
honor OF the State OF North Carolina. >
/ He said he, had studied the question
pretty carefully as a aWyer. q citizen
/ and Il Democrat. and that he fully en-
dorsed the position of The News and
Observer in opposing any compromise
! or commission relating to the bonds
! held in the name of Schaffer & Co. He
gave strong reasons for his views and
made five statements that indicate his
matured view. He said:
Il. / do not think a commission
should be appointed. / see no neces-
sity for one. All the facts are known.
There is no dispute about the number
of the bonds outstanding. the amount
| thereof, or the manner of their issue,
nor the purpose for which issued. /
| can imagine no new light a commits
sion could throw upon this subject.
Besides this, If the commission took
| testimony and made a report. the next
| time South Dakota brought suit
against the State this report and this
| evidence would be at the disposal OF
South Dakota and might be used just
as the report of the Investigating Com
mittee in the Atlantic & North Caro-
| lima case was used against the State
| by Cuyler and Finch. | see no good
| that will come from the appointment
of the commission. and | see how use
might be made of a commission detri-
mental to the interests of the State.
-. ! think the party is pledged by
| its platform utterances at Greensboro
mot to consider any settlement of these
outstanding bonds other than that Of
7 criC.lo Of
Some say that the platform was adopt
ed in a hurry without consideration
and without full discussion The ah-
Swer to this is that almost all plat
forms are adopted just that way. II
| our platform means anything. it
means that We must not reopen the
settlement made in 1879; and it is not
| wise for us to announce the principle
! that platforms don't mean anything.
'3. With regard to the bonds which
are to be sold at the east door of the
capitol in Washington in April.
| think the Legislature should pass "a
resolution, putting at the Governors S
| disposal such sum of money as is ne
cessary to protect the States interest
| therein. There are several methods
which the Governor could pursue to
protect the States interest have a
very definite idea what would be the
best. but there is not the slightest
doubt that Governor Glenn will adopt
some wise and effective plan.
"A. l do not believe the decision of
| the United states Supreme Court III
| the South Dakota case has met the
approval of the bar of the United
States On the other hand, it seems
| to have met the distinct disapproval of
! the bar and law journals of the coun-
| try If taken to the Supreme Court
again, l should hone for Il reversal of
| that opinion. ] think the State should
stand at least one more suit and now
get ready for that suit. If it is again
against us, the convention to be held
| in 1906 can declare the purpose of the
party with regard to this question. We
can we'll afford to wait that long.
| -. The Legislature might give leave
of absence to the gentlemen who are
asking Ee-opcning of this question. at
least unm after the next Democratic
State CT sention meets"
BeV beautiful is an accomplish
mcnY cllat is difficult to accomplish.
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Soldiers who lDSo fboi1 i1pa6S n