sually occurring in from
three to six months, though sometimes the period was longer. To raise
the necessary money to put the new machinery in successful operation one
of two things had to be done: either the rate of taxation must be
materially increased or interest bearing bonds must be issued and placed
upon the market, thus increasing the bonded debt of the State. Although
the fact was subsequently developed that a small increase in the bonded
debt of the State could not very well be avoided, yet, after careful
deliberation, the plan agreed upon was to materially increase the rate
of taxation.
This proved to be so unpopular that it came near losing the Legislature
to the Republicans at the elections of 1871. Although it was explained
to the people that this increase was only temporary and that the rate of
taxation would be reduced as soon as some of the schoolhouses had been
built, and some of the public institutions had been repaired, still this
was not satisfactory to those by whom these taxes had to be paid. They
insisted that some other plan ought to have been adopted, especially at
that time. The War had just come to a close, leaving most of the people
in an impoverished condition. What was true of the public institutions
of the State was equally true of the private property of those who were
property owners at that time. Their property during the War had been
neglected, and what had not been destroyed was in a state of decay. This
was especially true of those who had been the owners of large landed
estates and of many slaves. Many of these people had been the
acknowledged representatives of the wealth, the intelligence, the
culture, the refinement and the aristocracy of the South,--the ruling
class in the church, in society and in State affairs. These were the men
who had made and molded public opinion, who had controlled the pulpit
and the press, who had shaped the destiny of the State; who had made and
enforced the laws,--or at least such laws as they desired to have
enforced,--and who had represented the State not only in the State
Legislature but in both branches of the National Legislature at
Washington. Many of these proud sons, gallant fathers, cultured mothers
and wives and refined and polished daughters found themselves in a
situation and in a condition that was pitiable in the extreme. It was
not only a difficult matter for them to adjust themselves to the new
order of things and to the radically cha
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