Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1868-09-17

therefore, is like many another il
vention, simply worthless; it will nc
accomplish what its sanguine inver
tor promised. If it is not naked RI
pudiation, it is nothing. But th
debt is not yet due for near twent
years. Mr.. Pendleton says we car
not pay it, and yet he proposes t
convert debt having twenty year
to run, into debt payable on de
mand. Did any sane man ever hea
of such financiering before? H
says We can pay the interest on thes
bonds, but we cannot pay the prin
cipal; therefore, We will give ou
notes payable on demand for tn
whole debt. If business man, VIII,
was somewhat involved, should pro
pose to get out OF his difficulties b.
snch scheme, every person woulC
say he was insane, mad, and ough
to be shut up in lunatic asylum
But Mr.. Pendleton is hailed by hi
followers in the West as a wonder
ful financier! as the man, who has IN
rented aoay Of paying debts ,rithOu
paying them. Mr. Pendleton had bet
ter take his invention to Europe; il
would be very welcome there. We
advise him to take out a patent fol-
his invention; but some future sneer-
ing finaneier in examining the same
In the patent office might exclaim in
the language of Pope:
Pretty! in amber to observe the forms
OF hairs, or straws, or DIRT, or grubs, or worms;
The things, we know. are neither rich nor rare
But wonder how the devil they got there.
Another charge is, the rascally Re
publicans have all the bonds; they
are taxing the people for their bond
holders. How is this? Is not Mr..
Pendleton and Hendricks of Indiana,
loving candidates of the democratic
party for the same high Office, stock
holders in national banks, and hence
interested in bonds? The demo
cratic candidate for Lieutenant Gov
ernor of Indiana, it is said, has
$4,000 of Government bonds
August Belmont, Chairman of the
Democratic National Committee, the
wire worker of the New York Con-
vention, is Wall Street banker and
broker, the agent of the greatest
banking house and bond holders in
the world, that of the Rothschilds.
He, then, is bloated bond holder
if there is one in the world IL as an
eyI bird that touls its own nest. Does
any one suppose that August Bel
mont and his New York and Euro
pean friends, all democrats, will al
low Mr.. Pendleton's invention to be
applied in this country? Mr.. Sey-
mour is their man; he proclaimed
their policy before he was nominated
and will be compelled to carry it out.
1t will not answer for Pendleton to
preach his greenback invention in
Wall Street; he keeps that for his
less knowing followers in the West.
Another charge put forth by these
venomOas copperheads is, that the
right of suffrage in the South has
been transferred from the white to
the black man; that the white man
has been disfranchised; and they have
cnfranchised instead the negroes, the
scalawags and the carpet baggers.-
That is the charge of Gov. Bran
lette in his Indiana speech.
The carpet baggers means North
ern white men, who have moved
South since the war. They, of course,
by the old constitutions of the South,
would have the right to vote. BY
scallawags, l suppose, he means the
poor WhiteS of the South, who were
very good voters so long as they
obeyed the class of slave owners;
but now they are treatsd as the
refuse of humanity. These men,
lowever, voted ere the rebellion and
neither the one class or the other
needed to be enfranchised.
But is it true that the whites
South, the rebel whites, are disfran-
,hised to any great extent? Mr.. f.
}. Mansfield demonstrates the false
lood of this charge, too. He gives
he registered white voters in the
states with the white vote
or President in 1860.