Bedford inquirer. [volume] (Bedford, Pa.) 1857-1884, 1866-09-28
THE RISE I'M REBEL BONDS CON-
FIRMED

Two weeks ago we called attention to the
following telegram by the Atlantic cable 7
LoNDoN, Aug. 81, 1866, -ddgiees receio-
cd here Of the action Qf the tfteafetph91,a 20
Tonveaftan hare had the effect to materially
adrance The price il Rebel bonds.
This telegram was denounced, after the
Copperhead fashion, as an abolition lie, and
remembering how cleverly the President
fred Sheridan despatch so as to screen the
rebel murderers at New Orleans, they ac-
cused the abolitionists of having changed
the telegram and put Rebel instead of Fed
eraI bonds, but it wouldn't work. The
very next steamer brought the English
newspapers containing the following unmis-
taxable confirmation of the first telegram
Saws the London Nelcs of August 3lst. +:
'sConfederate (American) bonds, which
aof late have been altogether neglected, were
tin demand to-day al an advance, they open
sied at Al a. 81 1t is surmlsed that there
sfmay have arrived favorable accounts OF the
"Philadeiphia convention and the consequent
''return Of the Southern States to Congress.
This is amply sufficient to confirm the
truth of the actual rise in Rebel bonds, but
in further confirmation and explanation of
it. the Augusta( Ga. Coastitutionalist of the
14th instant, bitter rebel organ, contains
the following mysterious paragraph
THE "REBEL BOND TELEGRAM.-The Lon
don Ddily Nelrs, of August 21st explains the
despatch which produced so much uncertain
ty the other day, by saying the action of the
Philadelphia National Union Convention had
caused an advance in E'rebeE bonds. 1t was
thought this was a mistake, and United States
bonds were meant but 1t appears that the
cable despatch was right, Confederate bonds,
which had bee4 down to nothing, going up to
45@5B. The Netcs, which is an English sheet
of strong Northern proclivities, says it can't
understand this rise, inasmueh as the war
| debt Of the South has been repudiated b1d
| the London stock market kRotos arhGt 1t IS
| about. IF aag one aciU take the trouble to
| read the platform Of the Philadelphia eonren-
ton he t0iU see 1rhat they hare already dis
| cerned"
Let us closely scrutinize this platform and
see what it was that the London dealers in
Rebel Bonds discerned. The fact is, the
Philadelphia Copper-Johnson Convention,
while saying slavery is abolished and that
they regard as utterly invalid any obligation
incurred in making war against the United
States, did it for the purpose of catch
ing the public ear and deceiving the people.
In the 2nd article Of the same platform they
| declare that
"The war Just closed has maintained the
authority of the Constitution, with all the
! powers which it confers and all the restric-
| tions which it imposes upon the general gov
| ernment unabridged and uaalteTed, and 1t has
! preserved the Union with the equal rights,
! dignity and authority Of the States perfect
| and unimpaired.
/, Mark the unaltered. Here is direct de-
NAL of the constitutionality of the amend
ment abolishing slavery and at the same
time an assertion Of the old State sovereign
ty doctrine, which would prevent Congress
from forbidding the Rebel States to pay the
Rebel debt. But they take care to have
more than one string TO their bow in order
to secure the payment of the Rebel debt,
and declare in article 9th that
''Such amendment to the Constitution o
the United States may be made by the people
thereof as they may deem expedient, but on
ly in the mode pointed out by Its provisions
and in ratifying the same, all the States O
the Union hare an equal and aH igdefeasi5l,
right to a u0ice and q Uote thereon.
They first denied that any change had beer
made and now declare that no change can
constitutionally be made until the Rebe
States consent, which they very well know
they will never do. This viii leave tht
Constitution unchanged and the rebel deb
ready to. be assumed the moment rebels anC
F copperheads get the majority in Congress;
which they are now striving to~do.
Remember this when you go to tie polls
and if you wish to help pay off the Rebe
bonds held by british spectators, and hay,
your taxes doubled, vote for Hester Clyme
and the whole Copperhead ticket. IF 20,
want the Rebel debt repudiated and It's pay
ment forever prohibited by constitutional
amendment, if you want your taxes reduced
instead of increased, vote for Geary and tn
whole Union ticket