The Manitowoc tribune. [volume] (Manitowoc, Wis.) 1866-1878, 1868-06-04
The Republican Platform and the Na'
ti0nal Debt, ~ ,
[Froln the New York Timss]


The Democrats pretend to believe that
the resolutions of the Republican plat
form onethe public debt, mean nothing.
They evade the issue, say their organs,
instead of meeting it.
There is very short and a very prac-
tical way of proving he..sincerity of this
objection: Let tie Democrats in their
national convention, pass resolutions on
this subject still more explicit and dis
tinet in their meaning, Let them say
that the seven twenties shall be paid in
gold instead of greenbacks. When they
have done this it will be quite. time for
them to CHIN superiority over the Re-
publicans in providing for the preserva-
ton of the national faith. We suggest
matter steadily, and strongly, upon, the
the party whose policy is SO largely in its
keeping. II
The financial resolution of the sepub-
lican Convention has given the most
profound satisfaction to the country. 1t
is regarded everywhere as pledging the
party to the most perfect and complete
maintenance of the national faith. 1t
proponnees the most distinct. and EN-
phatic denanciation OF Reputation IN
immediate or remote. 1t asserts and
assumes the paramount duty OF fulfilling
every obi cation of the government not
only according to the letter of It's terms
but according to the spirit which preya-
des it and the full meaning which ii ex-
pressed or implied to those with whom
it was made And it sets forth. In the
clcarest and most impressive terms, the
grand Truth that our burdens are to be
aud the weight of our public
debt relieved, most efFeotualy by such
faithful compliance with our engage
ments as shall command the conhdence
of the capitalists throught the world,
and thus induce them to make US loans
at the reduced rates, and on easier terms
These are the principles which lie at the
basis OF all successful administration OF
our financial affairs.
The simple question of redeeming our
bonds in gold or III greenbacks, Is prema-
ture and die The bonds are not due
for fifteen or twenty years, and whatever
dcci sion might be reached GA that issue
now, might be changed half dozen
times before the time COMES for carry
iae it into effect, But the ascension Of
grtltctUtes sueh as are embodied In the
Republican platform. Is Of pertinent
and paramount importance. 1t estab
lish Is. yule &C action Which may be 40
piled, not only to this specific question
of redeeming bonds in one currency or
an other but to every financial question
that may arise. le
Congress should at once give its atten-
ton and It's energies to practical ueasur-
es which viii illustrates these principles
and pro7e the sincerity of the pledges
which they imply. It should at once
fortify and strengthen the public credit.
1t should reduce the expense of the
government to the lowest point consis,
tent with the necessities of the public
service 1t should provide promptly
and etfectualv. for the collection of the
Jhe taxes especially the tax on whiskey
and tobacco. 1t should do all it can
20 increase our revenue from imports, to
build mp our commerce, TO facilitate the
return to specie payments, to reduce the
cost Of the necessaries Of life and to de-
minish the burdens Of the laboring class
cs III every department and kind of in
duStry L should give candid and ear
nest attes0n 20 the Industrial nccessi-
ties Of the Southern States, promote the
extension to them Of the capital, encour-
age the development of their agriculture
in its most profitable forms, repair, so
far as possible the ravages of war, aid
them in rebuilding their levees and their
sail roads, promote, by all just and feast
bic means, harmony of feeling. as there
must always be harmony of interests, be-
tween all classes Of their people, and
advancing the prosperity of the nation.
Congress can do much toward relieving
our financial difficulties ii those and va
rious other ways, and evey act it passes
Of this character--eve everything it does in
this direction will tend to strengthen
public confidence in the sincerity of the
of the pledges Of the Republicon party
an,i increase the chances that it viii re
tain control of public affairs. 20