The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1868-07-23
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The indianapolis Sentinel. with
characteristic want of eandor, Is dong
what it can to misrepresent Senator
MoRToN's position on the payment o
the Five. Twenty Bonds, as announced
in his recent speech in the Senate on
that subject. 1t is seeking to create
the impression that he has accepted
the PENpLEToN proposition to pay
them of in legal tenders by a largely
increased issue Of greenbacks. The
most casual reading Of his speech will
show that this is directly opposed to
his views. 1t is of little consequence
to the Sentinel, however, how gross
may be its Misrepresentation if it
can induce the Copperheads to believe
them and place their opponents upon
the defensive. And to the discredit
OF the lesser, organs Of the party, such
as. the Evansville Courier, they echo
the SentfaeTs falsehoods. +
In the last article we have read
from the Sentinel upon the subject, it
seeks to show that there is a radical
difference of views upon the payment
of the bonds between Gov. BAKER
and Senator MORTON, and to prove it
makes the following quotation from
a speech delivered by Gov. BAKER in
Cincinnati in September, 1867:
They know that the people are too hon
est and too patriotic to sanction repudia-
ton If boldly presented to them for theiI
adoption. hence it must be disguised. " !
Hence Mr.. Pendleton and others propose
to pay off more than a thousand millions o.
the national debt by issuing 0~reenb0cks dnC
them ia payment. OF course this, as thess
men well. know, would result in de
~struction of the credit OF the government
at home and abroad, and ultimately IN
practical repudiatlons which IS a rea
object sought.
The Sentinel then follows up tn,
quotation with an editorial, in which
the inference is attempted to be draw
that Senator MORTON is in favor 0
" paying off more than a thousan'
:, millions of the national debt By issuin
greenbdcks, and compelling the hold
ers of the bonds to take them in pay
ment." Nothing can be further froI
the truth, and not the slightest pre-
text for such an allegation can /
drawn from MoRToN's speech. Th
whole Of his recent speech in th
; Senate is summed up in the positio
that the Government has the leg
right, under the laws, to pay off tt
le Five-Twenty bonds in legal tender
st But he expressly opposes any furth'
u issue of greenbacks. We quote fro
ne his speech of July 18th:
xe RaI will say further, that: It is in h {
n fsting legal tender notes that the Cover
y menJ has a right to pay those $40 pond
40 There was q limit of S400, 0O0, 600 fixed
ne law to the issue of those notes. 4 belle
that to pass that limit aOoaGLd be q violation
public Jdfth; but that the Government h
the right to pay the $40 bonds out of t
existing legal tender notes is as clear,
my opinion, as any right that is dehn
by any statute of the United States"
h. Gov. BAKER has never express,
ly any views different from those e
pressed in Senator MoRToN's rece
speech, and we believe that they a
in hearty accord upon financial que
tions. They both stand upon &
iR platform of the Republican State Co
vention, which expressly declares til
n. all the bonds issued therefor {
or payment Of the expenses of the rebt
lion) should be paid in legal tender
Up commonly called greenbacks, exec
where, by their express terms, tn
provide otherwise" While there
a difference of opinion among
parties upon the financial questio
tn, which embarrass the country, India
Republicans, with great unanimi
ty, endorse that position, and there is
occasion for surprise that Senat
at MORTON should give expression
to the sentiments of his constituents,
the. speech he made last week In t
Senate. But it is unjust to him a
the Republican party of Indial
that he should be misrepresented
having accepted the PENDLEToN pl
&c ject, which would result in the hol
~ less ruin of the currency and spec
reputation. Nothing can be furth
from the truth.