Oxford Democrat. [volume] (Paris, Me.) 1833-1933, 1868-07-31
The Candidate and Platform.

The Candidate and Platform.
Principles not men. =" used to be motto
OF the democratic party. Then the reso-
lutions of the Conventions meant something,
and the party had platform which the cam
didates of the party were placed upon, aud
which they gave in their allegiance TO. Not
so.however, in these days. Tue, the party
in its recent National Convention, passed
Resolutions, and TO show The emptiness Of
their professions. they nominate a Standard
bearer entertaining sentiments Numerically
opposed to the principles OF the resolutions,
and sentiments which he had publicly enun-
cia,ed within week Of his nomination
lie, us see If this is not so. The fourth
Resolution OF the Platform adopted By the
Convention is as follows:
Fourth-Equal taxation OF every species
Of property, according to It's real value, in.
GLIDING Government Bonds and other pub.
lie securities. (Rencwed cheering and cries
of Read 1t again"
1t is well known that Horatio Seymour j.
not in favor of this doctrine. In March
last, he argued that taxation of the bonds
would depreciate the securities. and impair
the national credit, so that our currency
would be debased and much reduced ia
value. 1t is well known thai Mr.. Seymour
is heavy bond holder himself. and repre-
sents the bond holding Interests, and that
his opposition TO the nomination OF Pendle-
ton, arose from their fundamental Disagree
mcnt on these financial questions OF taxing
government bonds aud paying The bonds
in currency.
To quote his language:
alt was mistake 10 suppose tha; the
interests OF the bond holder aud the tax.
payer were aniagcnistic. The fact was over
looked that in order TO make sny saving
by giving the bond. holders a dcbased or
worthless paper, We must bring upon our.
selves disaster and dishOnor which will COS,
hundred !old what we can save.
There is great gain in This plan rs up
held by Messrs. Batter and Stevens. They
not only propose TO pay in deprecated pa.
per. but they are doing what they can TO
disbonor the character and credit OF the
country. They would pay of The debt ia
currency that is not worth ten cents on
the dollar"
To show that Mr.. Seymour's views had
not changed we quote from speech Of his
mede the very week before his nomination.
in which, with great vigor. he shows that
the "bloatcd spectators" who are decriei
so Justify 10y certain democrats are not the
principal bond holders lie said
The labor OF The West puts : earning
in large degree into lands. which are TAX
burdened. The labor OF The East pu,s is
earnings into savings banks. lie insurance
or IN other forms OF moucyed iuves ment.
Thus they are deeply Interested 80 govern
mcnt bonds. The amount IN savings bank :
in New ! ork alone is $40 600 900. This
shows that there mast be- al least 500 600
600 q money lhgs deposited jn all ir
States. The average OF The deposits in
1867. in the STATE OF New York WIS $40.
1 be number OF depositors ~ the Stale Of
New ork is abont I've hundfcd thousand
(is7 .479,) and in the the cay they number
more than one third OF the population This
viii make The number Of icpo,itots IN the
Union more than one million eight hundred
thousand. in nc ; aie OF CounccIcot. in
1850 one quarter OF us population had de-.
posts in savings banks II j. now usual
for men OF small property Go insure their
lives. The number Of policies given out
by all the lie insurance companies. Is about
four hundred and fly thousand. aud the
amount OF insurance about one thousand
two hundred and fifty millions. The mon
Cy invested - held as q sacred trust, as %
Is lund laid aside for their families when
the insurers de. Al OF the funds Of saw
Ings bank, and lie insurance companies
are not put IN government bonds. bot they
hold m amount which would cripple or ruin
them u The bonds ere not paid or " they
are paid in debased PAPER II we add tie
trusts for widows and orphans. We end that
2.JUO.VUu persons are interested iu govern.
mcnt bonds, vino are not capitalists. and
who are compulsory owners % prescott
prices under The operations Of our laws"
This. from their candidate. shows what
senseless claP-'raP Is the principal capital
Of The democratic party io tbs canvass.
IL is their main plank. their best bower. e.
on which they attempted TO nominate their
favorjtc candidate. Pcndleton. But what
do We see ne pr'uoDies qfirmed. buf tie
nominee opposoi 20 them TIL, must be so .
for Brick Pomeroy, good authority, boasts
Of It, lie says;
"Arer fair and square SIGHT. Pcndlcton
was defeated, through the cowardice Of
some OF bis proicssed friends. AMI the ven.
aiiiy Of others IL was very pretty game
IN which the West gained more that Il lost
We ga'Red he Dioiform--a bold undenia.
be platform OF principle
Pomcr7y IN lis paper opposed the nom.
i"suou o. osymyui, with al hts yim--p.t
he endorses the platform and is satisfied
He scorns and de,ests the nomination. and