Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1867-09-18

officers controlling it, are the masters of the
people, is the Radical doctrine carried out
according to the WADE and STEVENS pro-
gramme. ,sa, iao.-s..j .LI7LTEa
What do disabled soldiers, who receive
| pensions from the Government, think of
the Democratic proposition to pay themin
currency SO deprecated as to be worth
about ten cents on the dollar? What do
honest men generally, whether Democrats
or Republicans, think of it? Let them
answer when they go to the polls this fall.
Journal. .asla-i-.,i =
When andsby whom was such PROPOSE
ton evermade? The Journal, in the above,
states that which its editor knows to be
falsehood, base, willful and deliberate
The Democratic party, when in power,
paid all pensions in gold and silver. When
the party of which the Journal is, until ar
rangements are made for new one, the
organ. when they assumed power, paid ali
pensions in paper SO deprecated at one
time as to be worth but about thirty-four
cents on the dollar. ---
The, Democratic party. in view of the
fact that soldiers eniisting at the COM
mencement of the war were promised their
pay in gold and silver, made an attempt in
Congress to redeem that promise, but
every member Of the Republican party OPP
posed it, and the soldiers, some of them
not paid a single cent for over year, were
forced to receive their pay in deprecated
paper, scarce worth one-half as much as
it was when their first three months pay
was due.' e ''TS-F- f-1a'ss
When the Democratic party was In pow
er, the interest on the State debt, solemnly
pledged to be paid in gold or its equiva-
lent, was promptly met, every six months.
| in coin. When greenbacks were worth
but 3315 cents on the dollar, the State re-
pudiated the contract, and forced the do
mestic and foreign creditors of the State to
take their pay in paper, while the same
officials sold the gold and silver in the
Treasury, thus cheating the men who
trusted the State when the State needed
credit, out of two-thirds of the interest
promised. C1E {.
The Democratic party, in the State or
the nation, has neuer repudiated a debt-has
Reuer cheated the creditors of the Stdte-hds
nerer sDindled q soldier-hds neuer paid a
pfnsion except in the best money going, and has
rever attempted or ADVOCATED the payment of a
debt or the interest thereon in t0orse funds than
that in ,ohich the debt ,aoas contractedl Ours
is not the party of reputation, of debts or
of contracts-we leave such things to our
opponents.
Tho taxes OF the people are high and op-
pressive. The bondholders pay no taxes
on the immense amount of money they
they draw one and one tenth per cent.
more interest than the citizen is allowed to
collect on other debts. = X
These bonds were bought with green
backs when greenbacks were at a heavy
discount. To save the people from this
load of taxation, it is proposed to pay off
these bonds as they become due, in the
tracted and in which the law of Congress
expected them to be paid, and in which
the bondholders can and do pay their own
debts. --~-z<,r-.1zz
While the Journal, as the organ of the
bondholders, and the holders of the Gov
ernment securities, would scout the idea of
paying pensions in anything but green
backs-while it would resent, with loud
outcry, the idea that Ohio should dc Justice
to her creditors by paying the interest on
the State debt in the same kind of money
in, which it, was contracted and in which
the interest was to be paid--while the bro
kers, in whose hands most of the Govern
ment bonds have accumulated, would appeal
to the Courts for protection against the
man who made special deposit of gold in
their vaults and would demand that it be
paid in the same money, or its equivalent,
that sheet, its aiders and abettors In the
swindle, demand that all Government bonds
be paid in gold and silver, and attempt to
brand those who are not willing to do so,
as regulators.
If greenbacks are good enough to be q
legal tender in payment of all debts be-
tween man and man-if they are good
enough to pay the crippled soldier his pen
sion-if they are good enough to pay the
farmer for his wheat and the mechanic for
his work-if they are good enough to pay
the creditor of the State, whose contract
was to be paid in gold, silver or their
equivalent, greenbacks are certainly good
enough to pay off the Government bonds
and save the people from portion of the
taxation that oppreses them, especially as
the contract was to pay it in the kind OF
paper which these bondholders loaned tc
the Government and in which it was clear
ly understood that it was to be paid.
If the contract, expressed or implied, had
been to pay these bonds in gold, the Jou, :
nal may rest assured that the Democratic
party would have lived up to the contract,
just as they now wish the bondholders to
live up to theirs.
/ "DR. JAS. WILLIAMS, Secretary of the
State Union Executive Committee, is rest
ing to-day from his labors, by attending
| the great Mnskingum Valley demonstra-
ton at Evansville"
For which time, and for all the other
tine spent in performing his duties as Sec
retary of the State Union Executive Com