The Weekly Perrysburg journal. [volume] (Perrysburg, O. [Ohio]) 1861-1???, 1868-05-01
ISSUES OF rue COMING CAMPAIGN.


ISSUES OF Tue COMING CAMPAIGN.
Like skilful gladiators Of old, both of the
great political parties are now preparing
for shc test next Fall. Each party is seek.
Nv its antagonist. Both are looking to
States whose party votes are nearly at
equilibrium, as the fields on which the
tnights Of political chivalry, with visors
~, and with viso-s down. shall clash arms
N historical conflict.
OF OfqueBtions to I've presented to the peo'
plo, that Of reconstruction takes the lead
Indeed all others sink into comparative in
aieniheanco compared with IL. The les
cone .thuFht by the late war, inculcate the
absolute necessity Of recognizing the late
rcbel States on the basis OF political equality |
before the law for oil the people there.
OG that ihero will be no peradventure.
Tennessee, North and South Carolina. Ar.
kansas aud Louisiana have already de-
elared themselves In it's favor, and by No |
vomber II is not improbable that majority,
II not alr the other States, will havo fallen
into line. Should this be the case, the Dem
ocrats, amid al their anxiety for place and
,,nwer, must acqucsce in that decision.
Trey will no. dare to undo what has been
done, unless as party they desire grave
of political iniamy which will place them
hcyond tho power of resurrection. II is
probable therefore, that the main issues OF
yoconstruotion will have been settled by
tho Southern people themselves prior to
We ulections in October and November next.
u, regard to the Civil Rights bill, it is
merely transcript Of the Bill OF Rights 20
bO found ia tho Constitution of cvery State.
Opposition TO il can only proceed from
those who desire tho re.cstabshment of
the cursed system of human slavery.
The question Of taxation is also wonder
fully modified, aud that very powerful mo
tive to popular sympathy, is takcn from
Democratic logic.
ain 1867, Congi ess removed tho tax
from largo number of articles previously
taxed, aud IN tho present year Of 1867 3,
las removed that tax wholly from all the
articles of domestic uoe, manufacture or
growth, except spirits aud othor products
Classed aa luxures. Congress has done
more than this. II has reduced taxation to
the rate absolutely necessary to meet the
expenses of the Government and those ex
pensea have been reduced to the sun
needed for three objects: l. The interest
on the public debt. 2. Pensions and un.
paid bounties. g. Tho ordinary expenses
Of the Government, OWL aud military. The
frst two of these items arc nj Bit ary and over
them Congress has no controls; but Congress
has reduced the appropriations for the
other to the amount in gold that was re-
ouired fog tho same object during Bueh0n-
ans administration This they have done
Notwithstanding they have an army not yet
quite reduced to the peace standard, aud
with tile salaries Of all officers bearing tho
increase incident 20 the initiation OF the cur
renoy. On this question OF taxation the
Democracy have changed front. One year
uso they charged the Republicans with ex-
Cessive taxation now their papers aud
their orators charge the Republicans with
having reduced the taxation below the
amount necessary to provide Tor the legiti'
mate wants OF the Government. Upon the
question OF the amount OF taxation Tor ma
tional purposes, there is no room tol Dem
ocralic assault, except it be that there shal
aLe no tax collected to pay the interest on
tn0 pupuC VeUN, OI W nNg pShHiuhn W NhV
wounded soldier or to tho widows aud or
pllans OF the dead.
1.-THE question whether the bonds shall
he reduced to the standard Of the green
backs, and the latter reduced to repudia
tion, will probably receive practical an
aver by the legislation of Congress, as so0l
ms the Impeachment case is over ; that leg
islaiion will provide for the issue Of an uni
form bond at as low II rate OF interest Il
possible, into which shall be converted, u
rapidly az may be- all the other forms o
public debt except tho grecnbacks; an
provide, further, that instead of reduoin
the bond TO the greenback value, aud bot
90 reputation, the greenback shall he pu
on a par with the bond, by being made col
vertible into interest.bearing bonds. Th
bonds and the greenhacks will thon hav
the same value.
These issues having taken these form
there will remain the Que plain aud bros
issue Of Reputation, and upon this there ca
bs no escape by either party. The Repu
cans after providing q fnrm uf bonded i
dabtedness, interest and principal rayab
iu coin, aud making the currency aud the
bonds exohNngeable by the Goverumcnt
any time, cannot by any declaration, equi
oeation or evasion, tolerate the prOposlu,
10 ropudiate the national debt, in any fOI
Ia which il can be presented. The 9th
side must not he permitted to preseut /
Pudiation under any other name th
its real one they must make Repud
ton their policy, or they must make {
payment Of the debt in gold thor p
ICY. They must, il they propose to p
the 520s In greenbAeks, make the gre,
backs redsemable in gold at some date,
avow their intention to repudiate them ,
tirely."