The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1868-04-18
BONDS AND BONDmoLDERs.

Senator Corbett we see recently de-
livered q speech in tho Senate on SEN
ator Sherman's bill for funding tho ma.
tional debt. He opposed the pay
ment of bonds in grecnbacks, and
regarded it as n Comprehend" scheme
of population. lie is thus in perfect
accord with the fourth resolution OF
the Radical platform adopted last
month at Salem.
Corbett, Williams, Mallory, Logan,
Gov. Woods, and all the lesser lights
of Radiealism in Oregon, are now
fully committed to the policy of pay
ing the national debt in gold. What
care they for the laboring man +? They
would have him keep ut work, day
and night, in order to raise money
wherewith to pay the bondholder his
interest and principal as it shall be-
come due. Their pet is the bondhold-
er and the niggcrs and their policy is
to have the laboring man support them
both. 1t matters not that the bond
holder got his bonds for greenbacks
only costing him thirty to forty
cents on the dollar. 1t matters not
that the bondholder has already re-
ceived, in gold interest, rs much as he
originally gave for his bonds. II mat
tiers not that the laborer is ground
down to the very earth by taxation /;
il matters not that, in many places in the
States, he is actually in want for the
commonest n~ecessarics of life,-being
out of employment and starvation
staring him in the face lit matters
not that his wife and children are in
circumstances of destitution. The
leaders of the Radical party in Ore
gon say that the bondholdcr is sacred
his money shall be gold,-gold Ia
ken from the honest laborer. Logan,
Corbctt and Co. not only say that the
bondholder shall be paid in gold-in-
terest and principal-but he shall not
pay anything for the support of the
government; his bonds shall not be
taxed. He may have 100000 worth
of bonds, on which he receives inter
est in gold semi-annuaiiy /; yet not one
cent of taxes does he pay ON this large
amount. II is all exempt from taxa
ton, and Logan, and Corbett, and
Williams, each and all say this is
right, and just and proper.
What say you, Voters? Are you
willing longer TO submit to these
things? Are you willing longer to
pay, not only your own taxes, but
those of the bondholder? Arc you
willing to pay the b%ondholder gold
for his principal as we'll as gold in.
tercst on his bonds? If you arc, vote
for Logan. That's the plank he stands
n aud if you send him to Congress
he'll vote it clear through and no mis-.
take. But if you are against paying
gold for the principal of the bond
holders bonds-if you would have
his bonds liquidatcd in g~recnbacks, as
they all should be except the 1910
bonds-then you will vote for J. 5.
Smith. That's what Smith believes
in, and what is advocated by the Dem.
o%cratic party of Oregon.
Down with the bondholders.
Let their bonds be taxed!
Pay them their principal in green
backs! Give the poor man a chance
for his life! lie was drafted and sent
to the army to fight, while the bond.
holder staid at home; and it is rank
injustice now to make that same poor
soldier continue to support the bond.
holders by refusing to tax their bonds
Logan says gold for the bondhold.
ers and rags for the people. Smith
says if rags are good enough for the
people they are good enough for the
bnndholder. So say we, and SC say
the Democratic party of Oregon.