The Manitowoc tribune. [volume] (Manitowoc, Wis.) 1866-1878, 1868-01-23
Jht Uribultf.
WITH SUPPLEMENT-.
DEMOCRArIC PRINCIPLES.


Taxation is not relief; and there is
no relief until the cause that compels tax
alton is removed. The great debt that
is drawing the vitals of the poor man to
pay its interest, must be Repudiated !"
We have no fears of Repudiation, but
let us suppose case. If man of great
wealth should make his appearance in
this community and by the outlay of his
means, and by the mighty deeds which
he performed should create widespread
confidence among the people for himself,
and they should loan him their money
freely and he should use everything he
could get his hands on in the shape of
cash, and then suppose some newspaper
in this locality should persistently advise
this man of great wealth to repndiate his
debts; to tell the people, there l have
taken your money and l have used it, but
/ won't pay it back though every man Of
you should be ruined" what would the
people of this town say of their paper?
Ten chances to one they would mob the
editor and throw his press into the lake;
yet the case of the government and the
Democratic papers, of to-day, is precisely
similar. The government has borrowed
a large part of the peoples wealth and it
proposes to pay it, "but certain lewd fel-
lows of the baser sort advise its repuGl-
alton, which is actually worse in gov
ernment than in = private individual
Lest we should be thought untruthful we
have quoted at the head of this article an
extract from the most widely circulated
democratic paper published in this State,
and from that can be seen what is ad-
vised. Now providing such counsel
should prevail what would be the result?
If the government should ever need
means again would the people lend =? not
much What then? Well the only re-
source tEen would be forced loans such as
we hear of in Mexico and other countries
where the people have no confidence in
the ruling powers. A regiment marches
into city and calls for million dollars
immediately and if it is not forthcoming
they go for 1t, and the people soon learn
it don't pay to have them do that. We
have never known anything of the kind
in the United States. and why :? because
the people have been willing to lend their
wealth to the government feeling conf
dent that they would get it back again,
which they certainly will if the Republi
can party have anything to say in the
matter 1t is only democrats that advise
the reputation of the National faith,
pledged for the redemption of every dol
lar Of the public debt, and only strong
democratic State, Mississippi, ever repu-
dated, and it has received the well
merited curses of the whole world for
such despicable action. But let the de-
mocracy howl, the great mass of the peo-
Pile are too honest, and if they were not
they are too sensible, to permit the credit
of our government to be ruined. We
all desire to see this government perpetu-
ated but any business man of the least
foresight must see it is folly to think Of
such thing unless We have credit unim-
paired
Democratic principles! Where is the
honest man who wishes to sail under
such colors? Echo answers, where? 1t
may be well enough to preach repudia-
ton 70 the South-the only part of the
Union that has ever practiced it-but
that party which takes for It's platform
tie principle Of non-payment of just
Indebtedness, will be sunk so low that in
future ages it will only be heard of as
something to be loathed, hated and con-
demned.