The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-07-14
WILL TELL us FIRST
Before New York Accepts
Fraudulent Bonds.
Governer Glenn Confers with Govern
or Higgins. of New York. and Gives
Him Some Malod0rous
History.

Governor Higgins, of New York,
will not receive as q gift or purchase
any North Carolina special tax bonds
without comforting with Govsrnor
Glenn.
This is the determination of the New
York executive after a conference
lately held between him and Governor
Glenn at Albany. Before leaving for
New York 10 address Tammany AMI
visit Atlantic City Governor Glenn
wrote TO Governor Higgins asking for
an interview. This was arranged an j
Governor Glenn went 10 Albany.
There he talked with Governor Hig-
gins about the act of the New York
ceiy. bonds OF other States. and of the
syndicate formed by John @. Carlisle
and others to purchase bonds OF North
Carolina which this state in its con-
Stitution had declared il would not
pay as they are Illegal and fraudulent
He presented 10 Governor Higgins the
letter OF Capt. :. A. Ashe telling OF the
swindle and corruption which inyali
dated the bonds, as We'll as his own
open letter written TO Mr.. E. H. NJ.
Wilson, OF Forsyth. which went at
length into the matter.
After a full conference with Cover
nor Glenn, Governor Higgins, after
stating that no bonds had yet been
offered the State said that if any such
offer was made he would inform Gov
ernor Glenn OF this before any action
was taken, SO that the case OF North
Carolina might be considered before
New York accepted any such bonds.
The other Southern States are be-
coming aroused. for If the syndicate
can compel North Carolina TO pay its
repudiated bonds il can compel the
other Southern States TO assume their
debts put upon them by the Carpet
Bag Legislature after Reconstruction.
Discussing this matter, the Savannah
Morning News says editorially:
Collect and Preserve the Evidence.
what has Georgia done towards
collecting and preserving the evidence
on which she refused to recognize the
validity OF fraudulent bonds issued
during the reconstruction period? As
far as the public knows there Is no
immediate intention on the part Of
the holders of. them of taking steps
to force their payment, but ii doesn I
follow on that account that an at
tempt will never be made.
"A dispatch. published in leading
New York newspapers says that with
In the next few days the governors of
lantie City for the purpose OF consid-
ering matters relating 10 repudiated
bonds of their respective States Il II
alleged that several Northern and
Western States have passed acts per-
initting them to collect through the
courts tn. fapudiated bonds they own
One of these states is said TO De Ne"
York. According 20 the dispatch III
question she holds bonds OF NoFth
Carolina. 4 week or SO ago the 4oS-
ernor of North Carolina visited me
Governor of New York for the pur-
pose of finding ont what course New
York intended 10 take in regard 10
them.
ssThe time may never come when
Georgia will need the evidence n
which she declared certain OF the
bonds which bear her seal were fraud
uIent. but II ii does come she VIII
need that evidence eaaty- ana .nen
she NAV not be able to get IL Those
who can now furnish it will no longer
be among the living. And III they
leave records of the evidence among
, their papers the evidence may not be
/ i'm a shape that will permit Of its use
( in court.
| This legislature ought TO appoint q
1 committee at once TO devise a plan
for coiiseting and putting in such
shape as will permit of its use. all OF
the evidence obtainable bearing upon
this important subject. aid when lis
report is submitted ii should tR acted
upon without unnecessary delay. IL
is a serious mistake To put of this
matter frofH year TO year. The rea-
son il is put of is probably that 40
one feels il is his duty Tn bring IL &c
the attention Of the Legislature. r is
the duty. however, of every memoes
of the legislature. and the peopis
xl,ould hold every one OF tileta respOR-
s;h1. for the performance OF il"