The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1868-02-10
Is gdsertOn a BOhdlfOlder ;

ocratic press ; of Indiana, Fhase been
placed in a very awkward position by
theletter of Mr.. EDGERToN, their can
didate or 1ieute lant Governor.
When we published his position upon
the bond question, the Courier claim
ed that it established his earnest 10y
atty and devotion to his country in
the time of its greatest need. 1t
stated that his letter had already ap-
peared in its columns, and that twas
complete vindication of his attach
ment to the nation during the war. 1t
clearly understood him as being the
possessor of $198, 600 of Government
bonds purchased at a gold cost of
100000. Commenting upon his letter
and our editorial, the Courier of the
4th inst. used this language:
Mr.. Fdgerton as one of the largest
capitalists of the State, and as pa
triot, recognized the truth of the say
ing, Money is the sinew Of war"
and loaued certain sums to the Gov
uuOCI JIG law DdcSCQ NY SnO
JOURNAL S partizans. This, at once,
estabii. he'd his record as a war-Dem-
ocrat. In favor of . men and money"
He did no more than the proprietors
Of the JOURNAL. and'all the leading
Republicans Of the city did. For the
mon v he loaned the Government, he
got bonds which paid him nice in
terest in Gold.
And further in the same article the
Courier, in noticing EDGERToN's pro-
position to exchange his Bonds for
Greenbacks, says
Democratic bondholders are salts
fed with a profit of sos, 900 in green
backs on their 100000 investment In
1863, while the pious, loyal. Union
bondholders demand that the 1913, 900
profit. shall be paid in gold At the
present rates of gold, the difference
In the demands of the two classes Of
bondholders amounts to about $50, 900
IN coin. Where Edgerton is satisfied
investment, the Radical, piou,, saint
ed, Union loyalist4 demand one hun
dred per cent. We are glad the
JOURNAL has spoken just as it did in
yesterdays Issue. 1t cannot now fol-
low the instructions of Morton and
denOunce Edgerton as a . peace Dem
ocrat " and Copperhead, for in the
time of the necessities of the Gov
ernment," he did as thousands of the
Radicals did. loaned money TO his
distressed country to prosecute the
war against the rebels, and help pay
for the subsistence of the gallant Fed
eral soldiers. In other words, he was
a war Democrat, and helped to put
down the rebellion"
After having published EDGERFoN's
letter, and commenting upon it ia the
above language, it would sound
strange to read in the Courier a state
ment that this large capitalist" this
patriotic gentleman, who for the
money he loaned the Government,
got bonds which paid him a nice in
terest in gold this Democratic
bondholder who was satisfied with
$4,000 profit on his investment that
he toas no bondholder at all
The editor of the Courier was slow
to find its error. It took him two
days to, reYolYe the matter in his own
mind, and did not then comprehend
his blunder until he got fresh
rays Of light from Indianapolis, where
the wire workers more readily ascer-
tanned that EDesRFoN3 had made a
grievous error , ia' writing his letter
and boasting of his large possessions
in Government bonds. But on the
9Th inst. we fad the following in the
Courier:
The-J JOURNAL has blundered a gain.
1t concludes that Mr.. Edgey ton really
is the possessor of 1898, 900 in bonds,
when in his letter only takes the
position of bondholder assigned to
him by the Radicals, and merely for
the sake of argument. Mr. Edgerton
is NOT bondhoider. Good eYeni ag3I
JOURNAL! ii5 =
Certainly the organ of the Wander
bnrgh Democracy has received new
views under its second reading Of that
unfortunate letter. Let us see what |
Mr.. EDGERToN did saya glrr
$ The Democratic party of Indiana
propose to- redeem them (the bonds) |
according to their tenor. 1t proposes
to give me for my 100000 in gold,
loaned in 1864, S198, 900 in legal ten
der notes, Which L can o-day Convert
into $40, 480 in gold; or if | prefer
to hold the legal tenders, [ can use
them in all the business relations of
life. In addition to the $140 $50 in
rnld which cnnld be obtained for nv