06 Sep 1877
Page 1
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Newspaper
Russellville Democrat
Location
Russellville, Arkansas, United States of America
Date
Sep 06, 1877
Page
1
Arkansas editorial letters argue for settling state debt by reclaiming swamp lands and other federal grants. They urge Congress to confirm swamp lands, collect proceeds, and apply them to debt, potentially ending bond issues without new taxes. Also notes regional specimen reports and assorted 1870s notices.
The letter set argues the State’s indebtedness and borrowing policy will dominate the electorate. It includes Major Adama’s correspondence, Dean’s letter from New York, and General Churchill’s reply, urging readers to evaluate both sides impartially amid accusations about repudiation and loan terms.
The Gazette prints Auditor Crawford’s letter advocating a debt settlement with the United States to avoid direct taxes or new bonds. He discusses the state’s indebtedness and proposes methods for repayment, noting the current public focus on the debt and offering a plan to settle the obligation.
State Treasurer T J Churchill argues the Finuee Board understands finances better than Mr Dean. He corrects Dean on bond totals and asserts revenue projections, tax policy, and legal bond status support the repayment plan. Churchill says no taxes were raised for interest and urges delayed payment under growing resources.
Col Smithee, historian of the State Press Association, spoke at Ft Smith on June 5 noting Arkansas had 56 newspapers in 1870 and more now. He compared Arkansas with Connecticut Georgia Kentucky Maine Maryland North Carolina Tennessee and Maine’s population and papers, praising the state’s newspaper reach despite sparse settlement and limited mail.
The Springs Daily Telegraph publishes details from the St Louis Republican on a scheme by Gow, Win, KR, Miller, Maj. Jno Adams, and Redfield to pay State bonds with new bonds at 67, 38, and 19 cents. Gov Miller would call a Legislature to approve issuance if majority bondholders accept. Public opposition warns Arkansas should reject this as robbing Peter to pay Paul and cites credible data of a corrupt scheme.
A collage of brief notes notes on poultry farms in South Carolina and hog fattening, a 72yearold fireman on the North Carolina railroad, a Maryland horse killed by locomotive noise, how Williamsburg Pennsylvania treats trespassers, and Mount Sterling Kentucky fair premiums including a pet bear. Brooklyn reports 1,270 buildings valued at 449200 erected last year. immigration strikes slow Europe arrivals. Countess of Dufferin sailed from New York with fore sail as debt security. Old Probs rents Washington house once occupied by British minister. New York grain merchants anticipate 100000 bushels of wheat to Europe this fall. Yale freshmen 175 applicants for admission and 69 for Seiten tife school. Hartford Courant republishes Bennington battle notes from 1777. Governor Hartranft to issue order for two three month volunteers. Syracuse salt production surpasses last year by 700000 bushels. Concerts in auction rooms attract crowds and bidding energy. Rice harvest progressing with high quality crop and a New York firm shipping a flat cargo from New Orleans. Astor awarded contracts for a new hotel in St Augustine Florida.
Fragmentary OCR shows a newspaper ad or notice from Adams and Nlochtre of Little Hawk Arkansas offering rates to Cleveland Baltimore Philadelphia New York Boston Nashville and the Southwest. The readable bits include a periodical notice with price and period terms unclear.
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