The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1868-05-23
B-oNDHoLDERs

There is a great difference between
bondholders and bondmen. State
Government must exist by levies up
on the labors of the people, but the
bondholder contributes nothing. He
is a gentleman, dressed in purple and
fine linen, and fares sumptuously every
day. Each returning halfyear brings
his semi-annual income. The bond
holder sends his children to school,
but the property holder pays his
taxes. He drives his nice carriage
over the roads, but tho man who
drives the dray, the wagon, and
ploughs the lands, pays the tax. The
bondholder sends his children TO
school, but from his funded puplic
stock pays no taxes. The thief who
steals his bonds is arraigncd at the
public expense, but the bondholder
contributes nothing to the payment
of the expenses incident to his con-
viction. The bondholder is o gentle.
mar of means. His fortune is secured
beyond a peradventure. He has no
risk of flood, or fire, or of rise or fall
in the market. Fire consum cities /;
whole communities are impoverished,
but fire does not and cannot injure the
bondholder. The ocean engulfs ships
laden with thousands of treasure and
valuables; but the bon lholder loses
nothing Ibis gold interest goes on
accommodating despite fires, and floods
and tempest-tossed oceans.
The bondman is a very different
sort of a person. He pays his land
lords income taxes upon the rent of
his houses, and has the stamp-and
all other duties-apparently paid by
the capitalist-added to the first cost
of every commodity which he or his
family eats, or drinks, or wears, or in.
any manner consumes. The landlord
adds it to his rent the butcher adds
it to his meat-bill ; the baker adds it
to his loaf; the wood and coal mer-
chant adds it to the price of his fuel;
the druggist adds it to his medicines;
the lawyer, physician, school-master
and minister add it to their fee bills /;
the railroad, steamboat, and coachman
add it to your fare; the merchant adds
it to your shroud; the monument
builder adds it to your tombstone
There is no escape from this drag-net
of despotism, except in dispensing
with food, fire and shelter. Death is
the bondman's only hope of relief. In
all the departments of business, and
trade, the rich viii grow richer, the
poor will grow poorer until they sink
beneath the crushing weight of tariffs,
taxes, imposts and stamp duties. The
extent and atrocity of taxation is
without a parallel. 1t has placed over
US an army of spies, detectives, con-
tractors, general and subordinate Off
GERS who meet ms at every corner of
the streets, and in every avenue of
business.
The Democratic party propose to
change this state of things. They
propose to economic. They propose
to reduce taxation and to Danish the
present army of officials, and let the
States collect the federal taxes. They
propose to liquidate the bonds with
greenbacks-thus saving s15o,oOo,0Oo
annually gold interest, and wiping
out bondholders and class legislation.
Every conservative Republican-ev-
cry lover of himself and his kind
should aid the Democratic party in
their efforts to lessen the burdens of
the people and bring back the purer
and better days of the Republic.