Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1868-09-28

tnV Nuuouut va FtopeTtN, IL ouc-SlXtU Inc
burden Of taxation which rests upon the
people OF TIE United States today amounts
10 more than l6 per cent. upon all the
vsluo Of oil the property owned BY every
human being in the United States. And
yet, whilo your debt is thus, while your
taxation is thus, We find that onc-tifth Of
al the property in tho country is repre-.
scented by this capital in bonds, that capital
which works for its idle masters from the
first day Of January 10 the last dav Of De-
ccmbcr, by night and by day, through
winter and summer, storm and sunshine.
which - not subject ID the ills Of the bones.
and muscles, and bodies Of men that cap.
isal. say, gentlemen, which clothes the
owner though he tolls no, nor spins, like
Solomon in all his glory, 10 exempt from
taxation. That ought net to last; l believe
it canno. last. ] say to the bsndholdsr that
he ought to be prompt and wse-prompt
to understand what his interest is wise
TO adopt it, for Just - sure as there are
passions in the human heart, Just as sure
as your bosoms are stirred by feelings coL,-
mon to humanity don't say it by way of
threat-it is no threat when you SEQ the
clouds gather, TO say that there will bc a
storm, or when you see the sun rise in the
east to say that it will set in the wsst-I
say this, gentlemen, by way of solemn
warning, that this capital which thew have
thus invss ed will be made to paw the same
rate Of taxation all other property, or
there will be trouble. Applause. i do
bsievc that the interests Of the taxpayers
and the bsndholder are, as Gov. Seymour
says, no. antagonislic, but idc ,tical. be-
lievs that capital should be subjected to
fair rate Of taxation.
The fact is overlooked that in ord to
mstc any saving by giving the bcndho'd
4 debased and worthles ) paper, We mus:
Bring ourselves dis: ter and dshonor,
which will cost hundred fold what we can
save" Do | believe thst Ofcourse | do
Does not tho editor OF the Leader believe
it ut means we are to give 10 the labor
er for his toll, q base currency il means
that the ho,or OF cur country shall be
stained +; tina: our business shall be kept in
and confusion il means that
the iaboring man shall suffer BY the in
creased cost cfthe comforts of lite; it means
that the taxpayer shall be burdened by q
government proved to bs corrupt and I'm
beetle by the very depreciation Of its money
We cannot afford to speculate upon the ns
TONS honor At 50 fearful price. There is
great gain in this plan ss upheld b. Messrs.
Butler aud Stevens. They not only pro-
pose to pay in deprecated paper, but they
are doing what they can to dishonor the |
character and credit Of tho country. II thew
carry ont their ccrruut, revolutionary |
schemes they will pay of the debt with pa.
per which is not worth ten cents on the |
dollar"
Do believe that. That il wh.. the |
Republican party is bringing NJ to eyerv !
day. Applause. l believe i'll Yes. I !
believe that If this extravaganza, this
waste, this corruption and utter disregard
tor honesty ia 70 prevail over the govern
msnt, the debt itself either will never be
paid at all, or else be paid in paper such rs
Gov. Seymour describes, which 10 not
worth ten cents on tho dollar
There is no democrat living who thinks
that this can be done with safety. or tba. it
is to the interest Of the taxpayer At the
east or west DO believe thati In.
doubtsdly do. every democrat demands
pelicy Of psscs and order. and economy.
sd jass - IT, - he gasss ttat, hs life up