Tama County Republican. (Toledo, Tama County, Iowa) 1867-1872, 1868-08-28

As authority tor this hear Bennett; he
said in his speech here: "Ifthe Green
backs become too numerous in circu
lation burn them, they have served their
purpose and paid up the bonded debt.
It is thus seen that the Democratic
policy is, to pay the bonds with Green
backs and then "burn them" and thus
pay them off. Why not "burn" the
bonds and thus save the expense Of is
suing the Greenbacks? One way is as
honorable as the other.
His wall on taxes was another OF
his sophislns. He went on bowling
about the bloatcd Bondholder paying
no taxes on his bonds, he had his plan.
oes, fine silverware, also silver bells
tingling at his door &c, holding out
the idea all the time that he was not
taxed on anything, but the farmer was
taxed on everything; very adroitly
sliding over the fact that, on his plan
oes, silverware, silver bells, fine horses
and carriages, also on such or other
Injuries the Bondholder has to pay a
special U. S. tax. Also on his income
above one thousand dollars tnclad,ng
snteyest on hs bonds, q tax Of fce per eent,
while the farmer pays no Z. S. tax on
his farm, his team OF horses, his wagon,
or his household furniture; nor does
the mechanic on his tools, nor does
the poor man on his cot We venture
the statement that, not one farmer or
mechanic out OF one hundred, OF lama
county, pay one cent of U. S. tax, un-
less manufacturer. 1t is true that
bonds are exempt from State and
County taxation, also from federal tax
alton except the interest by way Of in
come the same as other profits above
one thousand dollars. But all the
luxuries ctthc Bondholder mentioned,
are subject both to Safe and Federal
taxation. so when the facts are fairly
stated the Bondolder has no advan
tage over the Plowhol9er. He also
very adroitly ignores the fact that no
government ever taxes public Secu
rites or public property why then
tax the bonds as an exception to the
rule? Another fact he neglected to
state, and all know it 10 be one of i'm
portance III determining the standing
OF party; that fact is: When the
government was in peril, rebellion
upon us, the government without
m oney, credit down, and tottering on
the verge OF dissolution, with foreign
nations looking with discredit upon
rs, these bonds were thrown upon the
market, and only the loyal who were
in for sustaining the dignity OF the old
Flag at all hazards, took them. and
thus saved the nation. The Demo
cratic party Us such, reilsed.to take a
single dollar TO save the nation. as such
voted against issuing the bonds, against
supplies for the army, eAulteJ over
Union defeats and shouted over rebel
victories. Now that the bonds are is
sued, the country saved, our flag sus-
tanned. armd treason put down, the
Democratic party want to seize the
reins ofgovernmcnt, rcpudiatethe debt,
place the rebels in power, and make
the rebellion success, as viii lie seen
from expressions OF southern Demo
Gratis, in this issue. That party now take
by the hand, in friendly grasp. such
men as Wade Hampton and the vii
lain, Forrest, whose hands are drip
ping with the blood OF our patriot
sold;ery. For thus doing Democratic
speaker, Bennett, lauds the set, and a
Democratic audience gives cheers
With the bond question, stump ora
tors have nothing TO do, the contract
is made, the pledge Of the government
for the fultilment OF that contract, is
given, the bonds must and vii be paid
grecnbacks will do it, all right, but
it Is question for the courts, and not
politicians, to determine what bonds
are, and what bonds are not payable
in greenbatks. Seymour and Bla r
say: 1T is idle talk, the contract is
made and must be fulfilled The cry
Of bonds and taxes are false alarms to
attract the attention of the voters from
real issues. The Democratic party is
afraid Of its war record in the rebellion,
and fly TO other issues.