The mountain Democrat., 1864-04-09
The National Debt.


pay it. When the lying Administration
papers tell you that wealth, or capital,
will take care of the six per cent, which
will roll up its frigbtiul millions every
twelve months; when the brLzen. faced
political charlatan mUnntS the rostrum
and prOclaims TO you that the people will
not break under enormous taxation, for
I'VE" are so rich in resources that 1--WE"
could carry twice $1,000, 600, OUO, tell this
mountebank he lies; or, if lie does not
lie he is as ignorant upon the subject Of
national taxation, OF national debt, as a
LOngO African. My hard-working friend,
| want your ear, and your attention, for
you aud !, who belong to the. bone and
Sincw, aud muscle Of this nation, arc the
capital creators; To us alone is consigned
the task Of finding the means which must
/ be forthcoming to meet the huge claims
called interest and taxes.
This load OF debt will not be less than
four thousand millions, aud must be car.
ried by the working portion of the 20, E
900, 600 of the North. Any statesman
that supp0Ses that the South, whatever
may be the result Of the war, can be made
to work out anything more than her own
debt, l> II i,,ul. Our debt mast he paid
by the North, if paid at all. But let Us
SEE who are to pay it, Agriculture, mi
! ning aud manufactures alone must paw
the debt. But how many people are EN-
.aged IN theSr three important branches!
In 1870 thcIe were mploretl in the I'll
tire North aud West, in agriculture, L.
15l ,293 hands. In manufactures. SU7,
/ l2j; total OF producers, 2.35S. 423. |
"i'i adj for mis-, el'ane"uS labor. not en-
bodird in this total. that labor which finds
rmPlnN III, Ut in bui,dihg, tahrirniiry, ETC.,
not embraced und'r trr head # mann.
lactnirs. say III the entire North aud
West, 2,ouU,Hp0, making IN round num.
( hers !, 4,1'U,uUU pei>unS whose task il j.
To rr.dIr the wealth 1T the country, with
nnl which til> d hi, or it> interest even,
can t'cvrr hr paid. Nnw, thu f,rl> are
thaT the hnaic> Of these 4.5U0.O0O ~"
ducer> Il the North are mnrIgaGrd tur
! thr lavucit OF the var d, ht, whatcv,I
II uay be. II We call the debit Sl.UuJ,
I uUu, Upp, and to day IT j. tIi'c,. .gIar tc, ui
that SUN. Ne shah tot he Tar "nt Of tur
way. ana vnu and |, my roilng brotarr,
rrr in this grand aggregate If mnrt.ag. Il
. nluon>, destined t. sweat out our proper.
. tiou ol the debt. If il j. paid at ALL
I How d. N"n ani SianI, NV fiirud .
Divr!e ~ UOu, ,UU0 OnD into 4,50o. 00u
pats, aad Wc carry n, ar $3.50 each. l.,
= "Ir task, ~ Hwking men, t" >e. that
i lcr cv,,,. un $3.50. h, >;d,> pr-pn ing l.r
or other faxes, j. ,rv,d from the >ur,,lIS
"t oar yearly til, t. - MO the pockets
? i Ihc lazy ton pr"iUcrt>, who Wlil final
" contrIve tn stand rs Government cred
I itrr>, Carrying lii" Nar debt uf S4nun..
pt'h, ". Are yuu satisfied 90 pay s. i
, '.t< year, Le>id-S your- -genrIa4- Tax, A.
/ Iaus A. You i've, to sustain the crldt Of
~ ~ cpu>,itutipHi ana irflnrou> wnl
l"an: ID N"a desire to burdcn yo'n
ruirr.u "i;.. q TAX Of $ji per head al,
thin lives. IN aI.L;,un II the taxes thcN
~. o;h,rv;>r have - pay? Thr>r tax
-, ,llor. AID iatHr alone, vii, have It.
rairv, 4 spite tie Su,i,istry uf the dvma
:gIr, vito tells VA t.tat the rirh m,n
i ate the >Lilrr>. The interest must hr
worked out; the fiinillt, # il i cy =
na!l, mu>' be Nuihrd ont. Yea atri t,
ny aS,i'uiturai hjr.'l, must ratt, ctti"r
'ld.,ty III iacuc tiy, With SJ4 mar dch'
,ntcrr>t .ec Nrgr BESIDES uur urdprN
taxes, th.> .HIl also must be taken from
HE rr>'i:!> ui ,''r i"il. Gar chi.'lirn, AMI
ar CtI..iIvu' r'di:i'', must Ice hcwrr> "l
Nani and GraN,r l. al water t. the Tnrt.
whr AT. supporting tbs war, f,r,a>t Tor
-,
and liIc>r fnrtun , Wlii br invested il ttr
.lrat WAY lran, a'i their chil!tcn wl,i
make or children sweat ont. in big lrou>
ot blood, N" cent per cent Nhlch inprN
,,j>h,> on" portlo. Of the country to bcn
,it another
\ najinual debt i ory of ,hn most t,,.
rliiv curses which ever Ni-it'd a p,urlv.
IAsk - Emclsnd. See her busy psj'l,onS.
AID their aJect p"vrrty. Ircy az
crushed tn tie earth bv the pnw.' ut IN
,r'r>t or taxes. 1t IL SUPPOSE til, war
debt To draw iut,r,>t for OILY ,.ht,
wears. Let us Ihuroughir under>ta'ni
ttat the interest must be created hN "A
nlr, aud then fDloW it ont. la tw,nIy
years this tnt.tcSt viii be eGual to tie
principal. Allowing that TIE Interest
j. five per cru.., We pay om $1,000. .VuN..
900, S2U0, ,01J,G00 per wear. ln eighty
veais We shall haze prId On the war dghl
alone the sum OF SlG,uoo, 600. 600 IN u.
trrc>t. more thsn all The wealth which
the North haS7crrarrd in the past ii ,ht
wears, 10y at lraSt S5OUO. .UuU, 900. l. i,
thi> is Lot AL Whal, il the l,cautIur
Is Ia t'c''Hc Of tar Guverr mcnt r,q q'utr,
ucnt>, I t civil, military, nud laval cX
prh>r>, at Ivn>t 5000 UUUU. 600 more leI
wear: ii !" are We t. uLrtt ticS. Ia
ri-uiN Years c>c itcjn> viii ni~n reach
an aL-rvsatr .! SiG.uuu. .UUU, 200, and ia,
.:u>s cNicu utDi ; ct ltr nation, at ii,
must ccuuululcal reduction hich Il =, a.,
r>tah.l>hm' TT M"uId pc'mit. cnunnt III
eighty yeats come to e>S Than So 900,
onRDu1, All 'oul thu rc.iurttnn "t ~In.;,
IoiaI Of thr var debt iDay Bnok.
Tue SuupDY PLAGrE =" Nor'w, etcr,
in lrIir, lr"m New York To u" Boston
P">t, SAYS: "rhr'r rIcnS-,ut afternoon,
h'ns ouI swarmS ut >hud4,.h ugnl
quipag.>, with iivrrird Cnrchm, n AMI
fonrmru. r.i"hov hnrd hlankrf<, Iarr!>
ir>l,icutlui witli Va, niSh aud VIZ. milinn,
and lnill'r"u>ly b"rizzrn i it'll imitation
heraldry. 1t i>a >aI sight to lonk, ,ppon,
these spiiG> ot a'l~tnrrary, these asFira-
y'ti"nS aftr, position dcnred them bv M
turc, and nat to be wrrsrth from rcSprc-
table s"rie,, simply because the aSprraut
is suddenly uch AMI wants recognition,
New York never before WIS 81 full nf So
ciai shame, wealthy vugartv. concerted
wives "t contractors, anI purse p'oud
PoripharS. Like the lice aud frogs of
Egypt. tlry lind their wav into every
place and jo,tlr aside their bc,terS, with
out saving aS much aS by your have -