Marshall County Republican. (Plymouth, Ind.) 1856-1878, 1866-07-12
Reputation.

Every one who reads Copperhead journals
cannot fail to be impressed with the necessity
of that clause of the Constitutional Amendment
The desperate leaders of the party which sneers
at the valor of Northern soldiers, but finds no
language too fulsome to express its admiration
ofthe military genius, courage and Christian
virtues of Gen. Lee and Stonewall Jackson, are
endcavoring to excite the animOsity of the IL
nornt and unScrupulous against the bonds issU-
ca by the Government TO carry on the war. 1t
docs not take much argument to show that a
people cannot successfully carry on war with
out money, and that they in honor bound to
stand up to their contracts and pay their debts.
At the time tho bonds of which Copperheads
complain were issued, the rebels in the field
were successfully re,arding the march of our
armies, while in the North Copperhcad speak
ers and newspapers were declaring that the
Southern people could never be conquered, and
were discOurs sing volunteering and forming
secret Orders TO resist the enforcement of the
draft Without money it would have been i'm
possible to push the war to successful conclu-
sion, and, in compliance with the necessities Of
the times Congress authorized the negotiation
of bonds exempt from taxation. Without this
exemption, ii was thought. money could not
have been obtained in sufficient sums TO meet
the demands on the Government, to pay, clothe
and feed its armies and supply them with war
material. II made the bonds more eagerly sought
after and caused them to command better price
in the market. What is now being lost by the
fact that capital invested in them is not subject
TO the burthens of taxation, was gained by the
increased price which this provision of the law
caused them to have
Copperhead hostility to L. S. bonds is not to
be accounted for on the suppositiOn that they
are opposed to such manner of financiering.
They are hostile to them because they demon
strate the confidence of the people in the sta
bity of free principles While that party was
moving heaven and earth to all rebels, while
their press was laboring to prove the certain
triumph OF treason and the complete overthrow
of the government, the people, with a sublime
assurance that final victory would be won by
the Right, not only came forward with their
lives but also laid their hard earnings upon the
altar of their country. 1t is not true that these
bonds are in the hands of wealthy aristocrats
for this class did not display the faith exhibited
by the people in the final issue of the war
Doubtless large amounts have found their wa,
into the hands of capitalists who find in them
safe investment. But the original holders o
the Governments obligations were men of mod
crate means. The scene around Jay Cooke
office and other places where u. s. Five Tween
ties and Seven Thirties were sold will not sOOI
be forgotten by those who love to contemplat,
the spectacle of the masses of the people crowd
ing to the rescue of impcrilled liberty. Thu
hard-iauded sons of toll were there exchangin:
their earnings for government promises; the wild
ow came to cast her mite into the food that wa
sweeping the wealth of the country and til,
!. best blood Of the land into the vortex of war
q and here and there could be seen the soldier
who, disabled by the bullet of the foe from
further participation in the strife, came to offe
up his scanty savings a. the last he could do TO
ward stemming the tide that was carrying lib
erty and humanity to destruction.
The ''old lady, for the past four weeks, la
been spluttering and snarling, and has hintet
in the broadest terms that if the Coppcrhcad
come into power they will repudiate the ma
: timal debt. She is eDleavoring to create al
alarm in the minds of local bontlholdcrs for tn,
benefit of her paramount, the Tycoon, who i
extremely anxious to invest his loose change /,
profitable manner We advise all who patri
otically advanced money for the support of tn
Government in its time of need to pay atten
ton to the old hag. The remote possibility o.
Copperhead accession to power alarms no one
Every loyal and honest would as soor
think OF repudiating his private debts, and nc
one whose heart is not already black with treas
on will advocate the allowing of one jot or tit
tie of the Governments plighted faith to il
creditors to fall to the ground.
c., Of Ia ST Twin f,,<