New-York tribune., 1867-10-18

sophisres OF the criminal lawyer Ill become the states
man" but begto inform him, what he appears nor 70
IL the most accurate and exact OF all ethical sciences
Il has taught me precision OF thought and statement
from which endeavor 10 swerye VIII w j.. re,
ceye as kindly from the suggestion that II Is not well
to import the subterfuges and eyasons by which shop
conynces too credulous servant girl That piece OF
fading calico will wash into grave questions OF Natona
fnancei
Mr. Editor the interest OF the bondhoder as well as
the taxpayer, because believe that II the capitalist
bargain In gold Il cannot thus paid and therefore no
remedy be found for the present inequality OF taxa
ton for years. and IL such remedy OF release from
taxation be found the end must be repudaton We have
locked up twenty five hundred millions OF our surplus
thus exempted quite onehaf Of the invested productive
wealth OF the country from taxaon although IL Is pay
ing TO the from to 12 cent Interest," or nearly
three times what other Governments pay on ther loans
ing capital and labor II will be found to be the fact that
quite Onethrd OF the valuation OF many county ioWs VI
Massachusetts, even have been Withdrawn ll3 @
by investment In $40 bonds, leaving the whoe OuIueh
upon the lands and labor.
No country has ever yet borne such burden so loaded
with inequality and injustice II the bondhoder chooses
to hazard the experiment In this country be IL so nave
spoken in the interest of the section OF the country & IN
which live, whose prosperity Is mine and my emil
dren's. NewEngand has more than onehlTa Oh t sne
banking capital and oneird Of the bonds ana mas
only Onetwelfth Of the population OF the country can
she the other ceventwefths into paying he1 10
Il wise in her press 10 caumate Of her Representa-
tives whO faithful to her interests and the country now
mistakenly endeavors to find way out OF tnS er
ribe dilemma. l..
spoke the interest OF the Republican party, to
which look for the future Of the country for whatever
party shall take upon itself the burden of this unjust tax
aon this financial system by which the rich are made
richer and the poor poorer will surely be oyerthrown
and after thai comes tho deluge - -,
The election in Ohio forewarns us Of this l have nave
argued the legal questions to these bonds only inc
moral considerations do discuss. Each voter VIII
determine those for himself The people may think tDat
all the money they hayc-the very money when the
capitalist loaned the Government to pay the soldier Wt
VINO rlsked his life and limb for his cOuntry-ls go0d
enough to repay the principal of the BOND ana may Dosh
to doubt On the question or the interest.
All that class Of questions wish TO AVOID.
One further observation, and promise, MT Edltor not
TO be further drawn INTO discussion upon this topic am
accused of favOrDg repudati0n. On the contrary nave
tried to prevent reputation by pointing ont mode OK
prevention consistent with the contract and good lah
1t il d that it Is premature TO discuss tins question
now. is upon uB, aud must be met. III was
raised in the canvass In Ohio before proposed mode oi
meeting it 10 said that the question useless one
the public conscience Will never permit repudla
ton England the close Of her continental wars
compelled her creditors 10 receive security less Dy
nearly onehaf In its rate Of interest than that by which
she had borrowed the money See what one Of the most
philosophical OF modern historians has found to Dc the
teachings OF history this subject:
called the pnhc conscience not Ike the conscience OF
advdua faculty the Of sfapProy or
and therefore awakened bJ crimes from
which the public ise experts aIsantage
Respectfully, BKNJ r. BUTLER
Oct I2 1901.