The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-08-26

sad all ibe other Offices OF horor and trast ia our
ncpal govern meD things 10 be bought and sold 10
undeseryerS
MISCELLANEOUS POLITICAL ITEMS.
->o->~>~>>~~->~-.-~>>~~-
THE PssIDzScY Is called the .Unon conserva-
tive ticket" with Grant for President and Fessendeu
for Vice. daily growing more popular in the south
The Pensacola (Fra) Observer and tho Columbia Is. CO
PAeniz the latest sccessions the former supple
mentng the ticket with universal suffrage and general
amnesty" Tho Golden CITY iColorado) Transcript nomi
mates Grant for President and James r. DooIittie for
Vice. General Sherdan Is the candidate Of the Boston
Plot ihe Catholic organ Of Massachusetts, The Loyal
Leaguers Of Mobile also nominated General shsri-
dan their standard bearer.
VIRGINIA -Ex Governor Henry A. Wise, In the course
q his speech recently delivered u Hanover Va alluded
TO the government debt a. follows
This enormous public debt and vs. sxofbitaat rate OF
interest the masses OF the taxpayers know not only
keeps sovereign Statss out OF their orbits IN the
Union, not only prevents their readmlssion from the
bondhoders' dread Of vndiclive reputation, but 10
driving tho North itself the extreme of abolishlug
debt winch. axe eech cries for moro and more tax 10
pay mihonnares income from an exorbant rate OF in
tercst which paws taxes There Is but one way to
relieve this oppressive wrong this unequal taxation, and
the national -First-Reduce the interest
public debt from seventhirty 70 four and half
per cent Second-Iax the from that interest in
propor ION TO other incomes taxed. Thrd-Consodate
the whole public deb, and issue consols in imi,a.
ton Of the English system. This will cause
tue bonds 10 be put into the money market
II will reduce tho burden OF taxation II will
cause the bonds no longer to DO boarded, and
make them seek Investment in loans aud mortgages
Il viii relieve all necessity for usury laws. Il Will be
. baiance wheel Of tho money market and regulate
exchange IL will guard against crash In times OF
money pressure II will accommodate credit, especially
the farming interest and will national honor
reputation. And the bondholders had better ske this
time 70 save any II not all Of thor boarded
treasure of untaxed credit and income.
TEsssssEE. Legislature meets on the first Monday
In October he 7th Upon II will devoive the duty Of
eecng United States Senator the place Of ]. s. Pat
or radical will DO chosen Horace Nay
nard being the most prominent candidate, although Ia
slated that William B. Stokes the choice OF Governor
Browniow for the position.
ALABAxA.-Ths official returns OF registration, re-
ceiyed OPP the morning Of August 81, show o. $50
white aud 80 205 black voters being negro majority Of
1889 These returns comprise nearly all OF tho State
the remainder 10 come in being inconsiderable
NSw HAxFsmRR-The Concord &a eswan, leading
radical journal in New Hampshire In favor Of taxing
al government bonda II insists that Congress would be
sustained at its next session should provide for
such taxation.
vRRxoxr.-The canvass 10 very animated Ordinary
political issues are ignored great EXTENT and the
FIGHT 10 between 7. W. Park and the Troy and Boston
Railroad The railroad men say that Park at present
''bas the State IN his pocket"
Oruo-An .old hme political campaign 10 being car.
RED Ohio Nearly all the big guns Of both parties
are In the Aold, and the grows fast and fanous
Following tho speeches Of Senators Wade and Sherman
on tho 20:h, those Of Ex-Governor Denson aud
Governor Cox the 2lst Both tho Governors follow
IN the rus Of the Senator'S that the republican issues
in tho contest in Ohio pretty clearly defined. Mr.
Denson closes his speech as follows:-
rhe questions pressing on our attention are
those relating 10 tho reconstruction OF the rebel
States ana the extension OF suffrage TO our coIored
atom They those OF national finances
These WIN come before the country in their order The
from the greater TO any lees important questions.
In magnanny, 10: VI see 10 that the leaders OF
troll Of their States. The faithful execution Of the
reconslructon laws will accomplish this result Let II
b our duty with that Of majority OF the people Of TINS
State cast ballots at the coming election -
will strengthen Congress 10 enforcing these laws and All
others necessary for the public safety and at the same
time remove from our constitution iu unjust exclusion
OF our colorsd population from the right Of suffrage.
The aspiration Of the age for the political advance
msns. IL hps tPumpbed IN The British Parliament in
tho passage OF the Reform BILL doubling the numocr Of
voters 10 England II Is threatening the dynssy Of
Louis Napoleon and keeps France on the eve Of civil
revolution II Is regenerating Italy, has extorted con.
cessons for Hungary, Is nAttonalizing Germany and
Continental States Ls. ours as the represen tat,ve
VI political liberty, be not unmndfui or its obli-
cations to the struggling democraces OF Europe and by
establishing here impartial suffrage and universal
equality before the law encourage their efforts for po-
liticai emancipation.
Governor Cox's speech Is mainly an attack on the
democracy ~ responsible for the war and Its proonga
ton Respecting the finances and the national bank
system, the Governor says:-
The policy should adopt 10 that Of honesty. Ihs
democratic party cay that they In favor paying
debt but they wish TO In greeubscks, aud not
In com. But We had to issue greenbacks during the
could not get the coin. Now, what did
We say during the war in regard greenbacKs Did
saw that they DO irredeemabeS We simply said
that for the time being, these notes should not DO paid
The rural population those who most directly in
teresed the circulation. When gold huctuaes IN the
the rural population do not mako money by it.
The brokers and bankers aud those whose business 10
TO wa Gu the money Market make money but the agr.
cultural population general thing, do not But the
only safe basis In commercial transactions OF all kinds
the country IL as large S the country can
stand. In the war Of tho revolution our fathers
a'd so, .AA; note. they s.., U a
because they were not redeemable. But 1 vii
state here that It Is settled among financial thai
you decrease lis value II you issue hundred million.
Of paper money, then lie actual value becomes lesa
the bonds Of the United States are Deprecated iore.n
sr do not BY IT, Is lost 1t home II the interest
on the national debt not paid, foreigners will have
nothing TO 90 with It, They will only take your bondi
with interest But told that ought 70 get rid
Of the national banks Formerly the democratic party
said IL was huge crime for the government TO hav'
anything 70 DO with banking. and now they say shey
want to turn all our bonds into currency. will no
stop to argue this point Our national system Of bank
ing Is supposed TO be drawn from that OF the old Oh
banks; and Il found necessary TO transfer the In
debtsansss from the State to the national government
But our legislators and statesmen have managed
this matter With ability. All true men desire chang
10 specie basa Whenever II can be DONE The drs
point 10 DO reached 70 bring the paper circulation
After that 1t 10 necessary 70 consider whether II
necessary 70 have . circulation made up entirely o
rssabacks or 10 coin.
Iowa Politics ere very lively In this stasa Bsxds
Q Governor, oas-haf the Senate and oil the love-
branch d shs Lsgisasurs b chosen this fail
The Legislature elect . United States Senator. Ths
negro suffrage question vii also before that body
ana approved, b submitted 70 the people for riin
cation rejection. General Frank Blair and sx-Coa
grsssmaa James Allen sssmpins The STATE In III
Interests Of the democracy. A. meeting recently bel
81 Willow Grove Jasper county, the latter senslsnA
delivered speech in favor Of payiag the public debt
grssebaoks and ~ Close the following resolution
were unanimousy adoptsd:-
whereas . great national debt h public calamity
ana involves oppressive tAxaon and whereas the sov