The Portland daily press., 1868-08-27
Taxation of United states Bonds.

One of the dishonest measures proposed by
the Democratic party, in order to win the votes
of some who may not view the matter rightly,
is that which proposes to tax the bonds OF the
United States The government, in its direst
need. having procured this loan by solemnly
nromising not to tax the money so borrowed
and having escaped from the fearful dilemma
by the very money obtained under these SOL
emn promises, is now counseled to throw aside
its obligations, and refuse to meet them! If
there is more infamous proposition now be-
fore the public from that party of depravity-
and there are many that make man blush for
his race-we do not at this moment recall it.
deliberate proposal to a great nation, to
repudiate its solemn promises, in order that
it may flourish on its iniquity The PROPOSE
ton coming from party, too, which claims
that it ought to succeed, on account OF making
villainy one of its merits!
How long would honor, fair dealing, business
of any high minded character, in private life,
stand before such practice. Bargain and repu-
diate-agree to do and refnse to perform and
yet what would ruin all honorable business
! intercourse between man and man in a month";
is recommended by the party striving for pow
er, for adoption as the policy of this great ma
ton! If t-ere were nothing else in their
creed, this dishonored doctrine of theirs should
and will hurl them into obscurity as soon as
the people can reach the ballot box to effect it
Be true to your obligations. No busine IS
man ever succeeded in the long run except by
practicing on this precept. And so with ma
ton. Dishonor falls surely on the nation
that repudiates this doctrine, as death follows
| poison. No one can escape it.
| To restate the argument: The nation beset
| by traitors, is driven to extremity. (Let it be
remembered that many of these same traitors
are now exultingly crying out to-day, repudi-
| ate your obligations.) The sinews Of war
| must be obtained, and extraordinary promises
are made for those facilities. The country is
| saved-saved by these very means-and the
traitorous advice is, burn the bridge that car
| ried you safely over!
The Democracy profess great regard for the
working men. Governor Seymour writes
| them letter, and the Argus makes it its lead
| er. Do not these ounces know that these gov
| ernment bonds are held, more or less, by al
most every frugal working man and woman in
| the land. While Gov. Seymour was refusing
| 10 alu tne SoFernmeHt ny uolulHg uoiidr Vi
| them, the laboring men, the sewing women,
the lads and rmaidens of city, town and vii
lage were buying the fifties and hundreds, Of
| their hard-earned pittance, and for the help of
| the government in its needs. How many
times have we seen the honest glow of patri-
otism on their cheeks as they have purchased
these promises of the nation, at the same time
avowing one object to be to help the country!
| Let the Democracy beware how they harp
too much on that string There is a band OF
| patriots in every section in the country, who
know full well what the nation promised and
what it ought to do. Their code of morals
ranges trife higher than that of the plat
| form-builders of New York conventions.
| Their motto is not only that Honesty is the
best policy" but better still, honesty is right,
| and therefore must prevail. '-
Reduce the interest ON the public debt as
fast as possible. That was Senator Sherman's
| effort backed by Congress-but the President
4 said no! /! Patriotic Andrew Noble Tennes-
seean! He would have no good to the nation
come out of that Nazareth. But all these
things will be fulfilled, and the honor of the
nation escape this terrible deflement propos-
ed at the hands of this desperately wicked
party. The result will be better than they de-