The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1867-03-21
Oh AR LIE STON.
THURSDAY MORNING, MARCH q, 1867.
ANDREW JOHNSON ON REPUTATION.

s Our Northern exchanges are very much exercis-
ed OF letter published in the New York Citizen Of
the 9ta instant, written from Washington by it's
editor, Gen. HA1P1NE, l"AIles O'Reley" and Civ
ing the particulars Of q conversation he had with
the President on the subject Of the national debt
Mr.. JOHNSON holds that repudiaton is inevitable II
the present policy of Congress continues. But,
on SO important topic, we prefer to give his own
words: \.
We are drifting toward repudiation; and the
moneyed aristocracy Of the national debt-the
very men whose interests are most jeopardized-s
are 50 blind that they are practically helping to ac
celerate, not',check, our course in this downward
direction. We need tho industry a2d e2ormous q
possible products Of the lately revolted States to
Confidence conf de- M and caimMwe cal need need internal harmony;
and above al We need return to ths T
sass acct not to Be- repadased Within
the next half-score Of years.
s'No party as yet-and possibly no party for some
But q majority Of those who shsped the legisla-
tion Of this last Congress mSs. E2cs-nnless they
deceive themselves, OF are too ignorant to appreci
direction, and that it is by their votes we have
been swung out into the downward stream:
se e oe ihs' be-
ton, L was eossidered bitter eander i tho Free
are steps in everything, and the term Of reproach
to-day viii be worn as feather in the cap some
years from now, unless the true conservative Wis
from its asphylating dream that our national
debt is 2 national blessing. !. y $50 1 s 4.
And look at the effect Of the Reconstrhction
its peculiar effect step in tho direction Of repu-
diation, and not it's general effect as highland
ed measure of Congressional usurpation, striking
out Of existence so many States, and establishing
militery despotsm over more than one-third Of
our geographical Union. This Bill suddenly adds
tho voting force of the country-an accession Of
just much strength to S,,. party whose interest
it u.s. and must Increasingly become, to favor repu-
our effort should pe-if that were possbeAto res
trict rather than to extend the right Of suffrage;
Tor Rapidly n few bands and
that our national debt is paid, shall have become
out Of all proportion few compared with those who
many Will carry it; and the debt Of three thousand
millions will be struck out of existence By ballots
just as rapidly and utterly as the similar amount
invested in Southern negroes has been abolished
during the recent war under showers OF bullets"
Of course the Radical press is indignant., They
cannot say that the President is wrong either in
his premises or in his conclusions but still it is
contended he ought not to give utterance to- such
views; as if his commenting on so stupendous q
fact could make. the slightest difference in the
course of events. Instead Of needing his warning
voice, he is abused as "a Wilful and malicious
prophet Of evil. The New York Tribune Of the
uth says si-- II, lt., u: .tc.5sg
We protest against the Presidents imputation on
tho morality and honor of the negroes. Many of
them may be ignorant yet they know that the
national debt is the price Of their freedom. There
may possibly be found q low caste negro here and
thGro whom tho Copperhcads can soduce into vos-
ing fcr Reputation; but no colored person who has
any se-respect or regard for his reputation would
associate with or countenance such a scandal to
his race l:. 7sEs"i TIE, n :1- - =
If ever repudiation shall be attempted in
earnest, the national debt viii be found to resem-
bio the farmers stone wall five feet thick and four
high, so that it was higher after it fen down than
before.--J IepuQjate. ia t deatFHuw wtherBA
as we'll as other banks all the receipts of rail-
roacs, &C., &c. There are not i've lega voters in
each hundred that would not he impoverished by
the b b.re attempt. The mere suspicion that they
might attempt it fully in power, will consider
ably help to keep the Copperheads in the minority
for many years to come. ia;ia:l1i.:s ~
The Tribune is doubtless, correct in assuming
that repndi diation0f the national debt would SWAMP
moneyed men everywhere; but it should remember
that the number. Of those who have nothing to
lose is always greater in every society than those
who have. Taxes are onerous under all circum-
stances, and when they become oppressive and
there is any apparent way Of escape demagogues
are very apt to find it out, and use such fact to
their advantage. 1t is OF course to be hoped that
the colored voters will take the adyice given IN the
above extract from the New York Tribune, as also
the advice rendered the Virginia negroes Few
days ago in the same journal to follow Gov PEER
Points counsels rather than Mr. HuAHIcurT's.