The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1868-09-24
yIsgyN 40: SEPT. "a, 1868, al s'1@ .
overnmenf ,f thastf hst tie hIsb pIrinaeiiboi of 9ot

.cordingly; you see the Government
paying its other debte in greenbacks.
SO It paid the soldier for II enduring
tolls, and brfalYs-iing dangers. Even the
pitifui1l pension Of the disabled private
is paid in grreenbacks;; and the viz Vic o VI
is paid in greenbacks for the lost la
Dor of the husband, who lies mou1der-
ing i IN 4 q a soldiers grave. what have!
you done that the Government Shall
make an exception in ii. your fav ?"'
.'" Hold its bonds replied the glass
manufacturer, aaiid though the bonds
may fail to specify anything Of the
sort, vet there is an implied obliga-
I ton, whenever d Government. issues
| such bonds, that the principal Shall be
| paid in gold. y l..'a IN Il" ''.'.'7
r. b But = r@ejoined tie merchant, meefr hnt "that
implied Obligation is directly mega
1 tived. blythe Inscription on the green
backs, and negattiiyed also by the word
ing OF the bonds which carefully spec
iifffes gold for the interest. and careful
i, ,6mits any, Specification. as 10 how
the principal is is to be- paid thus 1eav-
ing the point optional with the Gov
er.nrmIuent, .rInu 20 Moreover, The gs;fi;eenbaacks s;i;
/ themselves are are notes, bonds. proomai- rom
ses to pay pay which the Gov1ernimileesnt v1rnimilesnt is
as much obligated to pay in = coin as
an any Z other description Of bonds what
ever. II tie Government substitutes
its greeinlbaacK notes fofr its Bonds. in
your possession, You hold against it
as valid an obligation as you held be-
! fore, and have no right whatever: to
cry, Reputation. ..,,s..i.,,-. 80
* The Government m will be able to
redeem the .greenbackss in coin as soon
i as it Will be able to pay your, bonds
in coin, Its necessities compel it it, to
give its creditors PROMISES instead of
pay. 1t is for you1to show why it
should g1Ye.sou5ifuteefest-Bealriiihg notes
and compel It's other creditors. to ac-
cept notes which draw no interest. 1t
is for You to: tshowiswhy the. people
shall be taxed Ito pay interestaon what
the Government. owes YOU, While they
get no interest on the notes. which
they hold: against the Government. LII
what respect isoYouR claim more just
or sacred than theirs :, g--, .,g5
"Now, suppose the evernment
takes your3fbonds at theirface, and
pays you $4,000 in greenbacks. You
can exchange that sum for h!s521;400 in
Igold ,.You will receive more than
double the sum invested four years
ago, andSupon which. the Government
has paid you usury! at the. rate Iof Is
per cent. per annum. My friend you
have no good reason for calling this
srepudiationlal When SO, liberal a set.
ttlement;i is proposed, you have no right
to demand $1,000 more gold, than il
/ nominated in, the bond shall ,be
wrung from the labor of your, eoun
ttry for your private emoiument.; AS 8
. Just business man You would not SCI
up such claim: lain against, private in
! = ! n
!. [l.diHidual, and yea eeu4d not legally
collect it, The he.vobligation of YOU
. bonds; as you construe it against the
public, would convert them and ,tht
Government itsslf into instruments o
extortion and ,inordinate oppression
l,t. This implied obligation with which
you propose to piece out the actua
obligation Of the government, applies
with far more force and justice to the
claims of the soldiers who rendered
personal serYice,e and devoted theil
lives to the public defense. But yor
and the party with " hieh you, act dc
not call it Reputation to pay them il
greenbatks for the blood they, shet
and the limbs. they 1osta You -,prefel
the least merTitorious class of theipub
:. lie creditors; and for those who hav,
already grown rich off of the neeessi
ties of the Government, you idemanc
an exorbitant additional gold premi
un. oThe scant wage and rewards o
the poor, who have toiied for the GOV
ernment, and who. have bleds and. .suf
fered for it. .youI would payiin green
backs !" % Oh " .tvi .f!viLi4. .iS 70!
!, , 'dAs he listened to this argument re il
!, favor of what he termed I repudia
tion,' the Pittsburgh gentleman be
. thought him that for. twenty years h,
: had known the, good old, merchant t,
: be;a man who 1 would part with hi
9 last eentiand coin his, body to pay hi
!, bonl. He>musedi a. moment with tli
!; air of a. afnian' Who hears som thin,
: Which he must ponder more at, leisure
:; and then he, changed the conversation
-.LRf the Radical, Ra party succeeds il
getting power fpr, another four years
men may as well econ1.emize r by hay
: ing their clothing made without poeckk
: cts, They will have no, use for sucl
: imaginary gaq9 receptfaeclle4ssi les y.4s, .g. d
i nTHEihew Collector Of Norfolk, fVir
: !. :ginia, Colonel Selden, reports to Sec
p. L.1.etarf iMEGolloeh that his ihvestiga
: .tieniof the books and accounts of hi
Radical predecessor disclosed a defal
: . cation of ttco hundred and 5iiftg th6,t
E sand dollars. Put none but %loi1
: 1HeIs2 eiishe ;outposts was the cry Q
:, the Radicals, and behold the result
. Another "ismooth bore :" explosion;
Tati ----~sNs------------- 81. -
: NE have now nearly sixty thou
u sand men underarms in time of peace
and the expenses of each,regimentgae
. cordingte the pastrecord of the Wa
a4 Department; will reach two million
S of dollars. The taxpayers may wei
L exclafA. =" Let us have peace."' 'i79a
? A CORRESPONDENT sought to hav
q the New York Citizen come, out TO
n Grant and yColfax and received tn