The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-08-22
against the labor and the liberties Of the coun-
FALSE PROFESSIONS oFEcoNoMY AND VIRTUE.
One Of the resolutions Of the Chicago Con


Andrew johnson call loudly for Radical re-
form"
With this false pretence Of virtue and econo-
nv in their mouths, every expenditure has
been steadily increasing, and the scheme OF re-
construction upheld. by the army is costing
$40, ,000, 600 more than it did a. year ago.. How
is Andrew Johnson Responsible for this he
cannot spend dollar that is not appropriated
BY Congress, and he has steadily opposed all
those measures which are enforced upon the
country by Congress and which are crushing
you to the earth with taxation. We have then
the Radical definition Of the "strictest econo-
N.Y. as practiced in the legislation, OF the
country, It means an annual expenditure OF
lime Of peace, which never: before cost you
over $S5 50O0, 600. II this is the 'istrictest
economy" of that party it is time the economy
,of some otherparty should be tried. so Fvl
HAVE THE PUBLIC BURDENS BEEN EQUALLY AND
.-.a.,,,,.., JUSTLY IMPOSED UPON ALL?r, .,r,.S
Now, il we have uprto this point obtained
som, clear idea of the amount OF our indebted
ness aud the objects in which the public reve-
nues are layished, and Of the wholesale eItrav-
aeance Of the legislation and of the legislators
OF the present period, let us next ascertain
whether the duty OF bearing these great bur.
dens has been equally and justly imposed upon
all. Has the party in power created any prlN-
sSso any one I man in the United States who has to
Law out of his substance more than any other
one man, in proportion to his means, to meet
the demands of the Government? Ii 80, then
suoh enaotments should be torn down, and the
party that framed them be condemned at the
pAi'GsA - "cTHA eJ silia9rh y: -a $3.50 e:;!!w
PRIVILEGED GLASSES CREATED By RADICAL 4I[ IE-
81 '.oH :. arsLkT1oN. 80 y" ..'i.7 =
have already shown that the amount Of the
national debt is one-si1th of the entire pos
sessions Of the whole people. But it Will be
said in answer that there is no danger OF the
one-sixth Of your possessions being disturbed
or taken, as we are simply paying interest on
the debt and waiting for better day to pay
the principal. Paying heavy interest ls o dan
eerous experiment to Individuals or nations.
You are paying to the bondholder, on our enor-
mons debt, an interest of siI per cent. In gold.
This is nearly ten per cent. IN greenpacks.
Hence you are paying the high rate OF between
nine and ten per cent:mterest on sucn Money
der Radical rule. Then II you OWN farm
worth $40 600, aud it would take one.sixth o. it
to nav your part OF the national debt. will it
not take even more than one-sixth OF lts pro-
ceeds. its income, its interest We will ssy, to
pay your proportion of this exorbitapt inter
est on the national debt? You are paying In
gold over $14O, ,0e0, 900 interest without making
any reduction OF the principal. Directly OF OF
indirectly every dollar has to be produced
by the worl1ingman, and it goes, wet Tith
his sweat, into the Golfers OF privileged
wealth. But it will be said that this is
sacred debt, and not to pay the interest
would be reputation. am against repudia-
tion in oil forms, but in the language OF the
Democratic platform, laid down in plain words
at New York on the 4th OF July am M ior .o1a Une
currency for the government and the people,
the laborer and the oficeholder, the pensioner
and the soldier, the producer and the bond
holder.n I would pay all creditors alike. Ibe
pensioner is forced by Radical Congress to
receive the monthly, wages Of his pain, blood,
and mutilated limbs in deprecated paper
money. would pay no bondholder upon eaIth
soldier, leaning on his crutches. There is Q
plank in the Radical Chicago platform which
warmly compliments the soldiers and sailors in
the late war, and proceeds to say that "the
bounties and pensions provided Dy law Ior
these brave defenders OF the nation are opn-
cations never to be forgotten The widows
and orphans Of the gallant dead are the peo-
ples wards, sacred legacy, or9ueaeneu n 10 e sns
nations protecting care. Theee are m mn
sounding words, but how cheap and deceitful
Those who spoke them compel these brave de-
tenders of the nation. to receive their bounties
and pensions in an inferior kind OF money,
while the shoddy. contractor, who amassed
mlul0n5 curing tne NAL auu AorSt 90" VIZ
smoke Of battle, is paid in gold. II the one
armed or one-legged pensioner is entitled, by
law, 10 fifteen dollars q month, they pay hlm
in currency, worth about ten dollars, and repu-
date the balance. But the bondholder gets
fifteen dollars whenever the bonds say fifteen
dollars. =,
EQUAL, rAxAT1oN-THE CHICAGO AND NEW YORK
-" PLATFORMS COMPARED. -'-
But there ia another question in this imme-
date connection on which must also be plain
ly understood. Property OF al kinds must pay
an equal t. sxation. You are taxed on everything
Won touch, either directly or indirectly. Yet
the man whose wealth is in bonds on which ne
collects from you all, from the crippled SOLDIER
and the widowed mother, six per cent. IN gold,
is especially by law of Congress exempted
T from taxation. You are paying hisher taxes
than the people Of Great Britain or the sub
iects of the French Emperor, and yet this party
now in power allows favored class, holding
one-sixth Of the whole wealth OF the country,
to escape the visit Of the tax gatherer. There
is no answer for this party here. Ii they are
in favor Of taxing bonds,' as some CLAIM,
why have they not done so? Congress has
they are to-day not taxed, and your property
is. There was no taxation in the Funding
bill which recently passed. II was simply
q bill providing that man who held O
bond paying six per cent. in gold might ex-
change it, ifhe wished, for one paying only
four per cent. This was called at Washington
reducing the rate OF interest on the puolIc
debt, while it was left entirely to the present
holder Of the bonds to determine whether they
should be exchanged for four per cent. bonds
or not. This delusion and snare, this cheat
and fraud upon the people, WAS Laid before the
President for his approval few minutes before
the adjournment, and it was very properly not
signed and did not become law. Nothing,
therefore, has been done for you on this great
and vital question, nor will there ever be until
YOU change the political character OF Congress.
The Chicago platform has this deceptive plank:
ssIt is due to the labor Of the nation that taxa
ton should be equalized and reduced as rapidly
as the national faith will permit" But the
bondholder and the bondholders' Congress say
that ''the national faith will not permit equali-
ty of taxation while your property Is tax
ed, theirs cannot be without violating 'the
national faith" As to the reduction Of taxa
ton, the official figures show that you are
nowlpaying more by over hundred millions
than you did OF the close Of the war. Thus it
Is plain that you have nothing to expect either
from the promises or the practices Of the par
ty in power. It does not mean to give you re-
Lief. It is opposed, as shown by it's recorded
laws, to the same kind OF money for all clase es
alike; and it will never allow Federal tax
gatherer to cross the threshold Of bondhold-
er. Listen, however, to the plain ringing
sentence which constitutes the fourth plank OF
the Democratic platform, as laid down at New
York: "Equal taxation OF every species OF
property, according to its real value, including
government bonds and other public socurl-