The Jackson standard. [volume] (Jackson C.H., Ohio) 1847-1888, 1868-12-24
JAGKSON STANDARD.


70 be endured should console Us
undsr many Affections and reconcile
MS to many hardships. Plead as We
fairly NAV that the great party which
he has betrayed uster meant q pafe /
him President. gAi'e the party be has
treacberouslV ssarj aud "a, sea npua
despised him to1.heartily to1hlak ot
ACCEPTING him as candld9tc the it.
pubic has been sAabed a. wpI.asseoui
ed by him from ihe hmu whera here.
cd into the Vice Presidency, and Will
be till the place that haovs him fha
know him no more, We have had bad
men in high Office before yet we p
confdant that DO ma but Andrew
Johnson was ever ehoseu Yice.Presi-
dent Of these Udiied States who e9pd
have provoked ths sc9H oI ClFq en-
dom BY sncaaa Ant -9-t ~
prayity as maae{G VS. tol.o~ Po:
ton of Johns0a's lasl Mefs5s
"Onr national credit ogM ga -
credly obscyel3 pat ID making Wa-
vision for-oag cseiuols Ar saoat4 uut
forget what's due q tae Waes o.l.a
people It tnss bc assant tfaJ la'
holdersotour securities have aread
received up0n their houdsra iah9e
amountAhall lheir Original Investment
measured by a g2li standard Qt5
this statement Of facts it would s@m
but Just and equitable That thasz yer
cent. now paid by The Government
should be applied to the reduction D
the principal in semi'apuna Install
merns, which insixteon years and + 1t
months woald Iiquidate the eatiresnl-
tional debt Six per cent il g'lI
would. at present lates be equal tonne
per cent. 10 currency, and eqn9. 20 lha
payment ofthe debt one and o haiftlmas
In a fraction less than seventeen years.
This, in connection with the other adj
yantages derived from their investment
would afford lhe public creditors d ta'r
and liberal compensation fortho use OF
their capital, and with this they should
be satisfied. The lessons Of tbe past
admonish tho lender thatitis not wg.llo
be oyer-anxious in eXacring from the
borrower rigid compliance with Ibc
letter ofthe bond"
COMMENTS BY THE TnlBusG,
Mr. johnson has probably borrowed
money in bis day, and may have done
90 when his debts were so heavy, and
his prospects So bad, that bis note was
not worth half It's face. Let us eup
pose him drawn mtoR difficult law suit,
which involved all be was %orth i.e
applies 10 bis thrifty neighbor Iar US
ooo, being in absolutewant Of that sun
to prosecute his suit, TO judgment
THE prudent capitalist inquiries IS 70 the
eecurity, and is pointed TO the esiale ~
litigation. eyes, bat il you lose tha
suit, YOU will haveno estate" We'll
he responds, S'if lose the salt, you
must lose The debt but iflwinit, ! wI
pay YOU double" "Agreed,' - says the
capitalists ~ will take the risk" So
he borrows the So, 900, and wiihitwins
thesuit. How much does he owe
How much ought he to pay YOU
answer decides whether You are honest
or villain
So far, we have admitted the truth O
Johnson's fundamental assumptions
but that assumption Is false Wiattht
nation owes It's creditors is preei ely
what il agreed to pay them-no less
no more But the great mass Of then
paid for their bonds the iull sum speei
fed on their face ce-oiten more. Frue
they paid iagreeabacksj bAt thon 9rsaa
backs had cast them her tuA dmolatm 9oH
1t was the Debtor, not the Creditor
interest that profted by the deprecia
ton Of our Currency Hundreds q
thousands paid of 10 greenbaeks their
mortgage and other debts which were
contracted when the Currency was al
par wilhGold-- paidthem of wltbmon.
ey obtained by the sale OF their pro4peS.
or their labor At prices greatly enhan'
ced by our currency depreeiauon Nv
cry one can call to mind INSTANCE
where farmers and others, who had fol
years been struggling to meet the inter
est on the mortgage given when they
bought their lands, were enabled tC
wipe out that mortgage by tue pro
ceeds oftwo os three crops sold dnrpa
the latter years of the War Credltor
complained (net unjnslly) that the,
were TINS paid OF too easily amlwer,
answered, 'Lend your money to th
Government, and you will bepaid you
bonds Ia gold, so what are y0n sruWb
ling at7n They did lend it-uot MI
lions only, but Hundreds Of Millions
and thereby was the Union saved
And now 4 President OF the Uniiei
States tells the public creditors that J
they ave paid seventeen years interest
they may think themselves lucky
though they never see 4 cent Of thl
principal!
The man who makes this sugqoatior
isa vilain-a brazen, reckless, shame
less villain. He bas sheepishconfedw
ates who share his kuayery batlaek hi
efrontery The peopic have sot tbei
heelhard down upon the whole tnb
h iudoaing the Republican Platior
of 1888 tfough the election Of Grau
and Colax, Repudation will eat
nothing By Jotuson's indQrsomept-
twill rather receive a darker sinirc
from his wel.earued iplam5. Hp'
naturally traitor TO those who traste
a,I h,ttaead ffOt t44Hs hiwNN f0 pt