Carroll free press. [volume] (Carrollton [Ohio]) 1834-1861, 1847-09-24
DOMESTIC BONDS.

The Auditor of State notifies the holders Of do
mestc bonds, through the columns of the Ohio State
Journal that the State is now prepared to redeem
those bonds and that the interest on the same will
cease after the lst of November next. So much for
the operation of the "odous tax law and the deve-
lopmen of Wing principles. This is the first fruits
of Wing legislation The debt that was annually
augmentng under Locoloco rule, is under Wing
government, beginning to be liqudated What a
volume of wholesome truth does this one fact speak
to the taxpayers of Ohio! What COMMENT is this
on the superiority of Wing legislation over that of
the Locolocos! Ye revilers of Wing measures, for
ever cease your absurd croaking about the inefi-
cheney of Wing laws to accomplish the objects for
which they were enacted. Ye traducers Of the tax
law, ponder over this evidence of its beneficial ef-
fects and forever hold your peace. Ye denouncers
of Wing principles, read this evidence of their su-
perory, and forever hide yourselves from the gaze
Of an insulted people.
Taxpayers of Ohio! While you are rejoicing
over the prospect of the ultimate liquidation of your
State debt, thus reducing your public burthens to
mere pittance, do not forget he party that secured
that blessing. Do not forget that it is to Wing le.
gsation that lis to be ascribed Do not forget that
while the Locofocos controlled the administration
of our State affairs, the State debt was increased
from FIVE & half millions ofdoars, to nearly twenty
millions. Do not forget that the Locofocos, instead
of trying to diminish this debt, were yearly nCreas-
ing it by borrowing money to meet the accruing in
terest. Do not forget that if the Locofocos had
continued power until this time, and practiced on
the principles laid down in their political creed, we
should now have been writhing under the curse of
reputation, suspected at home, and dishonored a.
broad-and the fair name of Ohio placed in the in
famous catalogue in which is found the States that
refused to meet their acknowledged obligations. Do
not forget that the Locofocos stand pledged the
ment that they obtain the power, to erase the tax
law from our statutes, and thus strike from xistence
the means of liquidating our State debt
All the prosperity that we now enjoy, either as a
State or as people, is the legitimate fruits of Wing
legislation. On coming into power, in 1874, they
found the State without currency, the people de-
pending for a circulating medium, on the issues Of
OIneT OIdI6sS Id"b ONSI WlHCu VIC Hdu
no CONTROL and so far from the place of issue as to
render its conversion into specie, without making a
sacrifice, almost impracticable Labor failed to re
ceive its adequate reward, industry was depressed
commerce stagnant, and all branches of business
were suffering from the blghting influence of laws
warning against our institutions Added to these E.
wills, was heavy public debt, created to some extent
by the reckessness, to call it by harsher name,
LocofOco legislation; and that debt yearly increas-
ing From the year 1889 to the year lS43, during
which time the Locofocos swayed the legislation OF
the State the amount of money borrowed to meet the
interest on the State debt, was over million and
half Of dollars! Yes taxpayers Of Ohio over one