The Caucasian. (Clinton, N.C.) 188?-1913, 1911-02-16

buIlcr anu BONUS.
I'VE come now to discuss the real
questions for which this meeting was
ing the real live issues in the cam
paign, both State and National, which
should have been discussed by both
parties through every newspaper and
on every stump in the State. The
record of the Democratic party for
incompetency and broken promises,
and it's failure to meet the people
not only on it's record, but also to
state its position On these live ques-
tions, is why they have declared But
ler, Booze, Doodle, and Bonds to be
the real issue in this campaign.
'tInasmuch as they have made me
and the bond question their issue,
then I have accepted them at their
word and challenged them to meet
their issue face to face. The cow
ards have run because they know that
they are lying. Since Mr.. Daniels
and Mr.. Simmons have constituted
themselves the chief mouthpieces OF
ing this campaign of lying slander,
I especially challenged them to ap-
pear here to-day. If they were here
you would have an opportunity to
hear both sides. It is not my fault
that they are not here. Since they
are not here, will give to you and
to the State the facts about Butler
and Bonds which they dare not deny
except behind my back
''The editor of the Raleigh News
and Observer began his campaign of
lying slander On me by charging that
self from lot of bond sharks and
spectators and had brought a suit
in the Supreme Court of the United
States to collect a lot of dishonest,
fraudulent carpet-bag bonds This
charge was made and repeated time
after time. I prepared a statement
showing the falsity of this charge,
which that paper refused to publish.
Therefore, those who depend entire
ly upon that dirty and lying sheet for
their information, no doubt, are still
fooled.
The Facts About the Bonds.
The facts about the bonds which
I, as counsel, represented before the
Supreme Court and helped 10 adjust
and collect, are briefly as follows:
''The bonds known as the North
Carolina Ten-Share Second Mortgage
Bonds were not carpet-bag bonds.
There never was any taint or sugge<~
ton of fraud connected with these
bonds. They were not issued by
Republican Legislature. On the 9TH
er hand. they were issued by DEM
ocratic Legislature, when Hon. Jona-
than Worth was Governor and DR..
Kemp P. Battle was State Treasurer.
They were not only issued by a DEM
cratic Legislature and signed by a
Democratic State Treasurer, but they
lie and brought a hundred cents on
the dollar, every dollar Of which the
State received. The State made sew
eral efforts to sell these bonds at
par. but failed to do so, and then it
was that a Democratic Legislature, in
1886, passed supplemental act au-
thoriZing the issue of these bonds, in
which 1t was provided that the State
would mortgage ten Shares thou
sand dollars worth of its stock-in
the North Carolina Railroad as Sc
curity to guarantee the payment OF
each thousand dollar bond then Of
fered for sale. That act also de-
clared that this was done in order
to enhance the value OF the bonds
and to induce the public to buy them
at par.
I'm the suit brought before the
Supreme Court OF the United States
to test the validity OF these bonds.
DR.. Kemp p. Battle, the S.ate Treas
urer, when the bonds were issued,
testified thai he did advertise these
bonds and advertised that this se-
curity was pledged by the State to