The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1867-09-12

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date for Vice President on the McClel-
Ian ticket, proposes to issue two billons
of greenbacks, and with these redeem
the bonds, pay the debts and relieve the
people of taxation. Thisi Is direct ap-
peal, not to the conscience and honor Of
the people, bus to their selfish interest
and their pocket policy But what 9TH,
/ er. effects would follow this. food Of
greenbacks What sediment would the
subsiding waters leave upon the soil
What would be the effect on individual
and other debts of the people 81 Would
they not be liquidated by the same de.
preciated papera Such a policy would
bring ruin upon every business man in
| in the country who extended credit to
his PATRONS those who have sold proper
ty would suffer in the same way, general
bankruptcy would deiuge the CONNER
cial men Of our country, and a tax i'm
posed upon the people more burdensome.
more oppressive, more destructive to
their best interests than those required
to pay the national debt in gold and
silver s@ss-s1 DseE 1eso s7z@ staH saa
The proposition of Mr.. Pendleton
seems very plausible, and is an artful
trap to catch many votes but when 1t
is duly considered and carefully ponder.
ed, the people will see that it is fraught
with unlimited evils-unnumbered trou-
bles to all tho commercial interests Of
our country. We need wiser statesmen
for the times than either Mr.. Pendle-
ton or Mr.. Vallandigham. The policy
they advocated in times past involved
us in all our trouble and saddled us with
the debt under Which, we groan, and now
they seek to involve US in still greater
troubles by the most profoundly stupid
financial proposition that ever issued
from the brain of fourth rate states
man.
If they were either wise Or prudent,
they would never utter word on the
great issues Of the day Guided by
false philosophy they would destroy the
credit, tarnish the honor and undermine
the foundation pillars of our Govern
ment Madison Courier. e9iasssag- Z
- 4z---------.---- -zs-.s=rs e-1t 6sszasa
Coal in Sitka. 1ssa's.
Ths Merchansi'e Gazette, Of San Francisco,
remarks -~ A
"It is generally believed that valuable mines
Of very superior quality Of coal exists in the
newly acquired territory Of .saka. 1t is
fac. long known among those interested in the =
coal business on this coast, that the quality Of
coal improves the further north it is obtained.
A mine Of good quality Of anthracite is known
to exist on Queen Char|ette's Island but few
miles from the mainland which has come into
our~possesson. There are few objects of great
er importance to the future welfare of California
than the discovery Of an extensive deposit Of
good coal. If as it is reported, such depos-
it EXISTS in the territory just purchased BY the
Federal Government, it would be worth the
whole am Of the purchase money. The
increasing Importance Of a supply of good coal
has caused an extensive search for it. and quite
number Of places have been discovered along
the coast where fair quality of coal can he
conveniently obtained bat, we have already
stated the low prices now ruiing does not en-
courage their deveiopenent Under . moro
favorable condition. os affairs the necessary
capital and enterprise will be available for OBJ
tanning supply from these sources when re-
quired.
The Springfield Republican says that the
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