The Fairfield herald. [volume] (Winnsboro, S.C.) 1849-1876, 1867-10-16
mo-. II
Maroh of Repudiation.

| There arc several facts which bear
ominously against the finances of the
UEitcd States. l. It's bonds have fal
len in value throughout Europe 2.
| The debt bearing coin interest, has
increased tEirty million Of dollars. 8.
The debt bearing currency interest, has
decreased thirty -four million Of dollars, +
4. The whole debt Of the United States
curing the last quarter instead of being
reduced, is increased upwards of two
million of dollars. S. The internal
revenue for the quarter ending on Sep
tcmber 80, has fallen Off forty-th,ee mil.
lion. 6. The external revenue, from
imports has also fallen off. Now, add
to all there disadvan,ageous circumslan.
ccs, the unsettled political condition Of
the country, the threats of impeach.
menL Of the President, and of the use OF
arms to carry on the government, and
n blackcr financial prospect cannot well
be represented.
The war threw up on tho surface Of
its boiling cauldron, the foul drcgs of
the North and mea have got into tho
|
better fitted for tho P,ntcntiary than
for Congress. Dcspalring Of success IA
tho coming elections upon their nncon-
stitutonal and tyrannical measures they
have passed in Congress, the Radical.
arc not trying to excite the people to
violent revolution. Having tramplcd
on the constitution; they now openly
advocate tho substitution Of military
! violence in its stead. They advocate
this policy, of course, on the ground
that President Johnson is about to use
violence towards them. lie has not in
II single instance, exceeded the rower
granted hlm by the constitution. Ihcv,
on the contrary, have practically pnt it
aside and openly proclaim Their dsrc-
gard Of its restrictions and limitations.
The grounds on which they are rxcl,.
ing the people to violence, arc t,tr
, true or false. If they are true, convnl.
sion by the use Of arms must take place.
, If lhoy are false what hope can there
lie under such rulers, that peace
and stability will reign in the govern.
ment which is necessary for confidence
in our finances. May they not them
selves pcrpetrato the violence they ac-
cnse the President Of designing ? and if
they should practice no violence. what
con be expected OF a party built on
falsehood, and supported by The passions
Of tho people excited and ready for
revolution The first element of all
credit in government is ixedncss. 1t
does not matter, what form it assumes,
but n government must be deemed to
be stable, or capitalists will not vest
their money in its bonds. The whole
policy Of the Radicals is revolutionarv
The constitution and government i !,
be changed, from government olKn
tied, to government Of unlimited p1N
/. ers - from free government, TO a
dcspotism. Can foreign capitalists have
any confidence, that tho debts OF n
country going through such chanscs,cnn
be secure ? So large debt as that OF
the United States, has never yet been
paid by any people. Tt nigh. l,avo
been paid, if at the close Of the war, tho
Union had again been restored, in con-
lormity to the resolutions passed in Con.
( gress; and the word reputation had
mover been mentioned. But the resolu.
tons Of Congress were disrcgarded, and
new terms Of reunion were forced upon
the South !. and amongst them--lhc
,epudiatiom ofthcir debts. Rcpudtutton
was thus forced into tho politics of the
United States; whilst instead of re-
union of the States, the Congress of the
United States has forced disunion, by
,nti inp fnn tnt ,I,c Il; Il
tism. Rcpndiaiion now is in every.
body's mouth. IT. ought to have been
treated rs fratrcide N the Greek lawgiv-
cr's code too shocking and impossible to
be mentioned. Steadily tho action of tho
government, has been unsettlng ,ts
finances nutil at length, ,on all sides,
the unmistakablc signs Of collapse anL
ruin, are gathering over them. The
war is not ended and is IN fair way OF
destroying the liberties and credit of
the North, as completely as it has dos
troycd those Of the South. The saga
cious mon who in the North opposed
the war, saw this. They were denonnc-
ed. The result will prove, that they
were the only men who truly under.
stood the interests ofMeia section of tho
Union. War on the South, was to
destroy the North Both would have
been saved by friendly concessions and
arrangements but for tho Puritan hato
and ianaticisn of New England, which
= still threatens the conntry with moroS
convu)son and blood, - Charleston MerX
csay. lF4 Z
i 'g --1--------a -es-s s---~--- q
HETunN or Ex.dovEnAon PIoKexs. .wo
are glad to ohroniole the return hn,no a..
greatly removed health, Of our distihrn,si.
cd fellow.ctizen, ox. Governor Pickcns. who
mas been, for two months past, reoruitine