Clearfield Republican. [volume] (Clearfield, Pa.) 1851-1937, 1867-10-24
.ur. W Cssgioeh as Secretary OF
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Mr.. Secretary McCulioch either
knowingly, or stupidity, handled the
tremendous agency Of his department
TO the damage Of the Democratic par.
~. He certainly did this in Ohio.
The proprietor and editor Of one Of
our respected contemporaries, at Co
lumbus, Ohio, on the night after the
election, telegraphed congratulating
President johnson. The President
telepraphed back, congratulating Ohio
on the political revolution But we
cannot understand the rationale Of
this Our telegram would have been !:
ave have revolutionized Ohio, in
spite Of your 0Gice-holderS p
Sir McCullOch, at the head Of the
United States Treasury Department,
is pursuing the very course that the
Democrats of Ohio have denounced.
Mr.. McCulloch is, month BY month,
calling in the illegal tender" green
backs, by millions, and pushing out,
or preparing TO push out, "National
Bank" bills, in their stead. This
makes q tight money market, at the
very time Of the year that merchants
and forwarders OF Western produce,
want bank accommodation, for legiti-
mate purposes. AT the same time it
is increasing the load Of our inter-
est paying debt.
During the month Of September
just passed, it is officially stated that
Mr. Mccullough went 10 the extreme
limit the law permitted, in withdraw
ing illegal tender" bills from circula-
ton. He destroyed four million dol
lars Of them. During the same month
Of September under Mr.. McCulloch's =
management, the interest paying debt
Of the country was increased within a
fraction OfhirfymiIiiOH dollars : There
is 'sfnance" for you, -Four millions Of
1 greeabaek "legal tender"-bearing no
interests withdrawn at the very
time il was needed for currency, by
merchants, in legitimate business, and
nearly thirty millions Of interest bear
I ing debt has been accumulated by the
I Government
We know, perfectly vel, that sew
eral millions Of money are made, by
speculation, by the favored ones who
have MeCulloch's confidence. But
these fortunes are made by the friends
Of Mr. McCullOch, and OF his master
and director, Salmon P. Chase, at the
expense Of great distress, and great
uncertainty, in the legitimate business
Of the country. What, above all, we
cannot understand, is, how President
/ johnson can expect to share in any
trinmphs Of the Democratic party
that are won GgaiHst the influence OF
his subordinates in the Treasury, and
other Departments And, again, we
cannot understand why Democrats
should have any sympathy or regard
for Mr. Andrew Johnson's troubles
present or prospective, while that
funetionary, through his suborlinates
in the Cabinet, are fighting TIE Demo
cratic pariyi The Chase-MeCulioch
/ Treasury Office holders, collectors
tithe-proetors, etc, did this in Ohio
I They, and the Seward Weed "C0nser
rafirc Black Republicans" are doing
this in New York. If Mr.. johnson
I keeps Seward and McCulloch in hi:
4. Cabinet, while the Democrats Of New
York have TO fight the influence al
those Departments-let Democrats
laugh ct the trouble and anguish OF
Mr.. johnson, when they come, and
hope for a good riddaHce, at the Presi.
dental election, next year. Of both
and GI factions Of the Black Republi.
can party
If President johnson wants the
help Of Democrats to keep the Radi
Gals from destroying him, let him tau
less, aud DO s0mdkingl Let him gct
I, rid Of his present odi0us Cabinet, tC
begin with. He ought TO be held re.
[ sponsible for the non-election Of the
/ Democratic State ticket 10 Ohio III,
ofScs holders defeated it.-Fresman',
I. Journal.
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