Thank you for visiting SNEWPapers!
Sign up free
Domestic News
May 26, 1877
Clarksville Weekly Chronicle
Clarksville, Montgomery County, Tennessee
What is this article about?
Nashville Banner commentary highlights Tennessee's state bonds underperforming compared to Georgia, Kentucky, Missouri, and Louisiana, despite eight years of exclusive control and minimal war destruction, attributing it to post-Civil War abolition and recovery issues.
Clipping
OCR Quality
92%
Excellent
Full Text
Look at the Facts.
Here is a fact or two worth remembering. Georgia, Kentucky and Missouri were all injured by the war between the States. All of them had to submit to the abolition of slavery. The bonds issued by any one of these States for one thousand five hundred of bonds issued by Tennessee. Only yesterday was Louisiana able to get her freedom, and to-day one of her bonds will buy two of those of Tennessee.
When we remember that we have had exclusive control of our affairs in Tennessee, for a period of eight years, and that the destruction of State property in Tennessee as compared with that of Louisiana was small, comment is unnecessary.-- Nash. Banner.
Here is a fact or two worth remembering. Georgia, Kentucky and Missouri were all injured by the war between the States. All of them had to submit to the abolition of slavery. The bonds issued by any one of these States for one thousand five hundred of bonds issued by Tennessee. Only yesterday was Louisiana able to get her freedom, and to-day one of her bonds will buy two of those of Tennessee.
When we remember that we have had exclusive control of our affairs in Tennessee, for a period of eight years, and that the destruction of State property in Tennessee as compared with that of Louisiana was small, comment is unnecessary.-- Nash. Banner.
What sub-type of article is it?
Economic
Politics
What keywords are associated?
State Bonds
Post War Recovery
Tennessee Economy
Southern States
Civil War Aftermath
Where did it happen?
Tennessee
Domestic News Details
Primary Location
Tennessee
Outcome
tennessee bonds undervalued; one louisiana bond buys two tennessee bonds
Event Details
Commentary notes Georgia, Kentucky, Missouri, and Louisiana recovered better post-war and abolition than Tennessee, which had eight years of control and less destruction but poorer bond performance.