Lower Sandusky freeman. (Lower Sandusky [i.e. Fremont, Ohio]) 1849-1849, 1849-04-14
state Debt.

One OF the features of the reform announced by
Col Medary in his prospectus for periodical to
be entitled !" The New Constitution" is-@ No IN
crease of the State debt except by vote of the
people themselves" Accordingly the battle of
the Windmils has again begun to be re-enacted in
the columns of the Statesman in thiswise:
GA great point of differance between the two
political parties, and which was among the early
subjects of differance in the days Of Alexander
Hamilton and Mr.. Jefferson, was on the creation of
national debts; the Federal party holding that a
National debt was a National blessing, while the
Democracy held it to be National curse Fed Z
eralsm, it is true, is not now open mouthed IN fa
vor OF great debt as formerly baty their actions
are to be taken inder to their present opin-
ions, they still hold to the doctrine of the early
founder of their principles. When the Constitu-
lon OF Ohio was formed no safeguards were inter-
posed to prevent the legislature from contracting
heavy debt, for then the States had not ran wild
on that nor had they contracted liabilities to force
naany Of hem4 for time to partial reputation,
by failure to pay interest their indebtedness.
Had Col Medary been content with the simple
announcement of his principles declared in the
prospectus, who should have voted him very right
and consequently very Whiggsh. But in his zeal
to make mp popular Democratic code, and to
make party capital out of the Constitution move
ment, he inserts among others, the above quoted
paragraph in the editorial columns of the States
man.
We have taken the liberty to italicise some
points in this paragraphs the sentiments of all
which we need not say that we fully concur. The
Statesman is bent on proving to its readers, what
most men of common information knew before,
namely, that it's party is the legitimate child and
heir of Hamiltonian Federalism. "By their fruits
shall ye know them
In view of the distinction drawn at the begin
ming of the paragraph, we would Illustrate the
II hrvo
brief catechism
Who created the bulk of Ohios debt?
] Who have squandered her millions for party pur-
poses.
Who, having accumulated an immense debt,
continued to increase it by borrowing money to
pay the interest?
Who turned their backs upon John Brough and
rustcated him-their best man-because he dared
tell unpleasant truths.
Who, fearing to meet the people with the truth,
proposed Reputation!
| When the Wings endeavored to put an end to
this accumulation of debt by taxing an immense
capital which had previously escaped; who strain
/ ed every nerve to defeat them and their whole
some measures, to keep in progress the ruinous
system by which the leaders growing rich, at
t the expense of the farmers of Ohio?
The LocoFoco PARTY OF OHIoll
= Who, in the Statesman, defended the State
Debt Reputation Party Spoils, in all these move
: ments?
: Who in the crisis CT the battle between the
Democrats and Demagogues 1--WE call things by
their right names) brought to bear terrible en-
CINE upon the former yelept The TAX KILLER" !"
: illustrated with hideous wood cuts and eloquent
: with job type?
SAMUEL MEDARY.
There is no fear of controversy as to the correct
tness of these answers and we leave the people to
/ decide by the Statesman's exhibit upon which
side of the line it and it's ceadjutors belong Are
they Hamltonian Feberalists or Jeffersonian DEM
ocrats. loprlngheic hepupiie.