The Cadiz sentinel. [volume] (Cadiz, Ohio) 1864-1911, 1868-09-30
Ihe Issues Of The Els ctiOn-A
Talk with The I.abOring And
industrial Glasses.


Talk with The I.abOring And
industrial Glasses.
To the workingmcn and laboring popuIa-
ton of the country the result of the coming
election is one of grave significance.
1t will affect directly and Immediately
their material well being and prosperity.
Years ago Mr. Wendell Phillips declared
that the emancipation of the negro would
add two hours to the toll of every laboring
man in American for long series of years,
but it would be cheaply purchased, he said
at that price.
But in addition to this infiction pror1is-
ed them by Phillips. the laboring men are
now threatened with for heavier penalties
by the continuance of the present party in
power.
These results may be rccapitulated partly
as follows:
/. The continued exemption from all
State and local taxation of one-ffth of al!
the property in the country, that property
held in United States bonds. and which is
better able to bear taxation than any other
property. You will continue for years to
come, to pay for the education of the bond
holder 8 children, the repairs of the roads
over which he drives his carriage, where
you go on foot, and the police which pro-
tects his life and property from outrage and
depreciation.
2 The fve-twenty bonded debt, which
we can rightfully pay to the bondholder in
legal tenders worth seventy-two cents on a
dollars in gold, will be paid at par in gold,
thus adding seven hundred millions of dbl
lars in gold to the principal of our debt. At
the same time the interest on the debt will
amount in forty years-and it is not to be
lowed to be paid off under that period
to four thousand millions of dollars in gold.-
These monstrous sums will all fall upon the
Iaboring population, as the only producing
class, to pay. Day by day, and week by
week, they will have to toll and sweat to
pay the bondholder his interest in gold
B For forty years, at le lst, one fifth of
all the property in the country will be lock-
ed up in bonds, were it will afford no man
employment and give no man business.
The owners OF this property, inasmuch
as it is not taxed and nets them an i'm
mense interest, prefer to keep it in that
shape. rather than build houses, stores,
steamboats,, fatories, or use it in any species
of trade or commerce.
This is great paralysis upon trade. and
deprivns millions of people Of the employ
nent they would have if these bonds were
paid off in legal tenders, and the holders
obliged, as they would be necessarily, to in
vest their money in enterprises that would
conduce to the interest of the public
4. You will be afflicted for years to come
with National banks the owners of which
make from fifteen to thirty per cent, out
of the laborng public, and at the same
time receive twenty millions Of dollars
year in gold coin, and for what2 Simply
because they furnish you with currency
which your Government could give you in
lcgal-tenders without costing cent. This
twenty millions Of dollars year in gold
your Government throws away, Just exactly
as if it should be sunk in the Ohio River.
5. You will continue to be oppressed
with income taxes, stamp taxes, license
taxes monthly taxes upou business, taxes,
upon sales, and whole host Of taxes, that
we never heard of until the present party
came into power, but which will be fasten-
I'd upon you as the only means of paying
he bondholder his interest .aud principal
n gold.
6. The forcing of negro suffrage upon
he South, ard the giving up of that coun>
ry to negro control, will obige white men
% leave that section, and its trade, there
ore, will become valueless Steamboat
nen, what do you suppose your commence
n the free negro Slater will be worth?--
low many engines will they buy here2--
low much clothing? How many chairs
md other articles of household furniture?
These questions, with many others of
imilar character, suggest their proper
wer.
7. The continued maintenance Of what
s called Freedmen's Bureau at the South,
" which hundreds of the thousands of idle
,egroes are supported at the expense Of the
Industrious people of the North, whose
'wn white poor have no Federal Govern
nent Bureau to look after them, even If
hey are starving.
8, The theory of the Radicals is, that
money is too plenty, that it must be dimin-
shed in quantity and made scarcer among
he people in order to enhance its value.
They object to the debt being paid off grad
tally, as it falls due, in greenbacks, because,
S they alege, we shall then have more
money than the people want or can legiti-
nately use.
Thus in case of the success Of the Radi-
al faction, the laboring men will be brought
ace to face with these results, namely, OPP
ressiye taxation for the benefit of privieg-
d classes, amounting to twenty-five per
ent of all their earnings. They pay it in
increased rents in the increased price of
ood and of clothing, in fact. every thing
which they consume. At the same time
money will be scarce and employment diff
ut to be obtained This can not be other
cise with ruined South and one-ffth Of 4
Northern property in bonds that are entire
unproduetive. .. .a,
If Grant and Colfax are elected, the priv
legged classes -bondholders and National
,ankers, New Er gland manufacturers,
Treasury thieves and Congressional land
have day of jubilee; but it
will signify to the workingmen that they
yill hare to work harder and longer, and
ubsist upon coarser fare. Are you willing,
aboring men who have heretofore belonged
o the Republican party, merely for the
AXE of an empty triumph after the elec- IA
ion over your best friends TO bring upon
yourselves these calamities2
If the Democracy triumph, special priv~
leQes will be withdrawn, taxes will be great
y lessened, and paid equally by all classes;
he debt will be paid as it falls due in legal
enders, money will be more plenty; the
South, governed by white men, will have
rade thar is worth something, and business
viii thrive in all parts of the country. The
therefore, will in that event
,e well fed, clothed and lodged, and may
confidently look forward to a season Of great
prosperity. Eng.
p-~=~--z.~--- a
NEGRO Social EQUALITY. II has been
i n \ - y