Delaware gazette. [volume] (Delaware, Ohio) 1855-1886, 1867-08-23


Hon. E. D. Mansfield handsomely
dishes up Thurman and Ranney on the
financial question in the following ar
tiele from the Cincinnati Gazette:
Fortunately che Democratic marshals
contradict each other so plumpIy that
we are saved the trouble of Knocking
their heads together Let us take two
or three examples. Of course our pub
lie debt and currency and taxes, are to
be discussed, and even the horror of
negro suffrage must be set aside for a
moment to consider the best mode of
Democratic reputation, for that is the
idea at bottom. Thurman and Ranney
however, are at swords points on that
idea. Thurman considers the public
debt and taxes 50 great that Reputation
will come, of course, under the uucOn-
stitutiOnai, destructive, despOtic and
iuhuman Government of his country.
At the close of his speech he asks how,
under such and sucn measures, can the
public debt escape reputation Ran
ney don't consider this quite so certain,
and 50 he proceeds to recommend meas
ures which wilt make it tcertain. Thur
man says Of the currency:
Then, we were. the Ifghtest taxed people in
the yvorld-noY, no other nation gTOaIis un-
der a bug hen Of taxation equal to ours. Then
we had a currency of gold and silver or their
y
rags. Then, the balance of trade with 9TH
er countries was nearly equal-nOW, it is
against us to more than hundred millions
Of dollars a year. Then, twenty-five mil
lions per annum covered our expenses of
Governments and the interest on the public
debt now, we pay nearly sb00iO9OO0O every
year, and are, nevertheless, running further
into debt every day.
This is fiction, but it must be assum-
ed as true, when coming from a Demo-
cratic orator Mr. Thurman, as we
eT-rs n ct of
amount of eXaggeratiOn but let it
pass. Mr.. Thurman says our currency
is rags" Rags, we believe, sell at the
paper mill at eight cents per pound.
Now let us hear Mr.. Judge Ranney on
that subject. He proposes to pay the
National debt in rags, at eight cents a
pound Hear him /; here is what he
says
Wherever it has stipulated that coin shall
be paid for a debt, coin shall he paid but if
this great debt Of ours is looked over, it will
be found there is plenty Of it that may be
lawfully and righffully cancelled by what
is denOminated legal tender money. Why
are gentlemen so reluctant to come to the
lawful money of the country? It has not
been long since it was dislOYaI to intimate
that greenbaelzs were not as good as gold
Offer these bOnd-hOlders some Of their own
money in payment OF their claims on the
Government, and they viii turn mp their
noses at yO9 But for tle interest accruing
on almost the entire bonded debt of the
country, there is no such stipulatiOu as that
it shall be paid in coin.
The Secretary of the Treasury's Re
port shows that the public debt, not in
coin bonds-Or in rency-amOunts to
over six hundred millions of dollars.
The National Bank currency is three
hundred millions. Judge Ranney pro-
poses to issue six hundred millions of
dollars in greenbacks, and withdraw
the National Bank notes. The practic-
al result of it is to make the paper cur
rency ofthe United States ELEVEN HUN
DRED MILLION OF DOLLARS, and to pay
the honest creditors of this country in
what Nh. Judge Thurman says is rags,
and what viii be rags if ever such a set
of political impOStOrs get into the Gov
ernmenG of this country. Verify, a
DANIEL has come to Judgment And
now we want it published in every pa
per, and put on every post, that this rs
the Democratic doctrine in the year of
our Lord 1867! The currency of this
nation, for which this whole country
stands responsible, is denounced as rags
by the Democratic candidate for Gov
ernOr, aud his chief supporter proposes
to pay the creditors of the country
in these rags In other words, he pro-
poses Reputation of the public debt, as
far as there is no force to compel him
TO pay. The people of Ohio are an hon
est people. They have never failed to
meet every obligation promptly. They
viii start back from this proposition
with indignation, and it viii do as much
as anything can do to expose, in all its
enOrmity, the folly and the imposition
Of the Democratic leaders.
But, suppose it happens so. Suppose
this done, what viii become Of the peO-
pie 1t is the drop which makes the
cup run over. Issue this, or four hum
dred millions more than what we have
got, and all standards of value viii be
lost. The farmer will increase the cur
reucy he gets for produce, as in the last
days of the rebel COnfpderacy, by the
basket full, and yet he is at loss to
buy his groceries This is the Demo-
cratic doctrine in the year 1867. The
people will turn from it with a shudder
and consign these miserable shaIus TO
the penitentiary of public Odium.
Another thing these gentlemen harp
upon is, the expenses of=the Govern
ment, and especially of maintaining
a military despOtism. Let us hear them
and see how they agree upon this sub
iect. Thurman says:
Shall we continue to maintain freedmen's
bureaus FOR the protection of officials at q
greater annual cost than the yearly expendi-
lures of the Government than the admin
istration of Andrew Jackson? F? Shall we
continue to pay S250, 600 900 year for the Su D.
port OF an ARMY which never before ia a
time of peace cost over ,000, 900, in order to
disfranchise white men and enfranchise ne
groes Shall we perpetuate war taxes long
ltiAEL W esE Alt5 geetAEt tAAA4 pay uHlNN LLln-
ute upon all we eat, all we drink, all we
wears
Now observe, Thurman saws the
army. costs $3.50. .OO0, 900 per annuun, and
the Freedmen's Bureau $4,000, 600.
Now here Judge Ranney. He was
descanting on the military despotism
in the South, when this occurred F:
A voioe-"And we pay for 1T y
The speaker-Yes, twelve millions of dol
lars annually, for feeding and clothing the
negroes, and thirty-five millions for the
support OF the standing army.
Mr.. Candidate Thurman, says the
army costs two hundred and fifty mill
Ilnna nan nmnnm end Mr.. Lndna Ban.