The evening Argus. [volume] (Rock Island, Ill.) 1861-1871, 1868-08-22

port party to create moneyed aristocrA-
cy, and party that was not only opposed
70 taxing U. 8. bonds, but in favor Of pay.
ing the principal Of the bonds in gold, when
on the face Of the bonds II does not agree to
pay them in gold, which would be giving the
bondholder equal 70 fourteen hundred and
Fifty dollars in greenbscks for every bond Of
one Thousand dollars and you would receive
seventy thousand nine hundred dollars, for
what cost you less than forty.twO thousand
dollars, as you bought them at discount,
and for the farmer, the business man, the
mechanic and laborer to receive paper mon.
ey for their dues, and tor them also TO pay
you. proportion Of Jaxes--yOu with the gold
received from the government for your inter.
est can purchase clothing and provisions at
half the price that others can'purchase them
for with paper currency.
BOndholder-I admit that it is very hard
on those who have no money to buy bonds
with.
Mechanically, sir, l am acquainted
with man that lives in a country town in
this state and has sixty.6ve thousand dol.
lars in United States bonds, pays no tax.
nothing for educating his son at the public
school, rides over the road in a tour wheeled
vehicle that cost $4,000 and lets others la
labor to keep the road in order at their ex,
pense, while q hard working man, living
within quarter Of mile of where he
boards, cultivates with his own hands eleven
acres of land, supports wife and three
children by toiling twelve hours a day, and
paws four times the tax OF his rich neighbor
who pays only poll tax--do you think ]
would support any party that would pursue
such policy--this is the republican plat
form.
Bondholdr-The republicans have made
some mistakes. ! am apprehensive their
course will injure the party.
Mechanical government of the people is
not intended to favor the rich at the ex'
pense Of men of limited means, taxing the
latter class of their various occupations,
and furnishing gold to the one and paper
currency TO the other, exempting the bond
holder and his children for thirty or forty
years from taxation, creating a privileged
class as in Ireland, where the people labor
for the benefit Of the wealthy aristocracy.
Bondh0lder-Y ought not to find fault
with bondholders, if government chooses &c
favor rs. Why not find fault with negroes
at the south whom the l. 5. government
supports the year round? Are you moi
taxed to take care Of them and are they
not allowed to vote The poor white mar
at the north cannot vote, If he receives iron
the town or city three feet of wood in the
winter season. Why not complain OF the
injustice of favoring the negroes, e1clu'
ding the white man from the same priv
leges.
Mechdnic-Whst you state is another &C
of injustice on the part Of the republican
party. While | was in favor of freeing thu
| negroes, was not in favor ofthe republic
cans giving them any privileges that they
| did not give white men. | am aware tina
the white laboring classes are supporting thu
negroes of the south. The official reports
from Washington state that over one mil
lion dollars have been expended for fuel To-
| them, and over three million Of dollars fol
medicine, and the amount tor provisions
which was very great, do not remembe
you bond holders do not pay any part o
! this. The wssteful extravaganza and sys
TEN Of taxation adopted by the republicGi
| party is very severe on men OF hmIte(
means, and laboring classes particularly
there is nothing that they consume or us
but costs them really double. The farme
has his share orthis republican taxation an,
waste to bear in his high taxes on hi
farm-the exorbtant prices for his ample
ments of husbandry, ploughs, shOvels, hoes
&C., his clothing and articles of consump
ton for his family.
B0ndholder-If bonds were taxed IshOul
buy your house, for then it would not opei
ate against my interest TO hold real estate
Meclqnic-Tax bonds, afnfdfys6d &dala Sc
dwelling houses erected with great rapidly
giving mechanics plenty of employment
and rents at reasonable rates, farmers r.
lieved from heavy burthen, and the couT
| try prosperous.