THE GUARD AND THE BOND


QUESTION
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The Guard is out in long article en-
deavoting to do away with the effect of the
decision of the Supreme Court in the case
of Campbell va Uni n Bank Ii says the
wings "are gnilty of Misrepresentation in
asserting. as they have r.quently done. that
the question of the constiluiionalitv of the
Union Bank Bonds has teen adjndicated
and settled by the Supreme Court of the
State" Again: at is SANDER upon the
Hon. Bench. and gross attempt TO deceive
and impose upon the people. |, is hum.
bug worthy only OF the Wing party. and
that same old coon of lS4O" Now, we
will not be so impolite as to accuse the
Guard of Misrepresentation in denying that
the principles involved in the consttutionali-
~ of the bonds have been settled by the
Supreme Court, but we will proceed to p,ore
his guilt. and leave him torthe decision of an
intelligent community.


1t will be remembered that the only
strong position taken by Gen. Brown. and
indeed by the repudlalors in this part of the
State. is that the supplement was unconstuu-
tional. because it altered the material fea-
tur.s of the original bill. and was not passed
by tw, legislatures. Il is contended by tie
bond payers. that III. Legislature had the
right to make such alteration. so that it did
not change that portion Of the bill which the
constitution required 10 be left to the people
al the ballot box. For instance. the people
bad given their consent to pledge the faith Of
the Stale for sl5.000.O00 for the purpose OF
banking. Now. If the Legislature had pIt Dig.
ed the faith of the State for go. 600. 900. il
would have been violation of the consti,u-
sion. Al least for the additional e5, 600, 900.