Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1868-05-29

soldier, the suffering patriot ano iho
great mass Of the American people.
G. That the best policy to diminish our
burden ofdebt is TO so improve our creai'
that capitalists viii seek 70 loan us
money at lower rates OF interest tnsn
we now pay, aud must continue 70 pay
as lonsas reputation, partial or total,
omen d covert, 10 threatened or sus'
pscted.
The proposition 10 increase credit BY
increasing debt is novel invention Of
the financiering sharks II Is not true
tina, the credit of the government as
weakened by reputation. There is no
such thing, existing or threatened, which
creditors have 10 fear. They do not fear
repudiation. They only fear that they
will not be paid 10 gold, and that they
will have to fare with other creditors
with the people, and soldiers aud pension
ers of the Government, and take only
what we contracted to pay them. To say
that the public credit would be Enhanced
BY acknowledging an indebtedness we do
not owe is absurd. 1t Is sufficient II we
stand to our contracts. And then, with
perfect credit We may "extend"' our
indebtedness over as fair period for
redemption as we may desire 1t would
be injurious to our credit to acknowledge
gold indebtedness when we owe only
the legal tender notes. A false confess
sion of Indebtedness not only shows us
to be more deeply in than the truth war
rants, but also the utter want of capacity
ever to get out.
7. The Government of the United
States should be administered with the
strictest economy, and the corruptions
which have been so shamefully nursed
and fostered by Andrew johnson, call
loudly for radical reform.
The country will not indorse the truth
Of this charge against the President. 1t
was known to be without foundation in
truth by its very authors. It's notorious
that Mr.. johnson has been rendered
morally irresponsible in large part for
the administration Of the executive de-
partment by the Interference and control
of Congress. f9 VISA n
The Tenure Of Office bill was enacted
for that purpose. And INSCRIPTIONS and
thisviug officials infest all the depart
ments under the direction and sanction
of Congress. The article recoils on the
Radical Congress and party. The Gov
eminent should be economically admin
istered, indeed, and the corruptions
which have been thus shamefully
nurssd by Congress, call for re-
form. And the whole facts of the
case speak with an infinite EN-
phasis the mischief and wickedness of
the attempt, by the Legislative, to over
throw the Executive department Of the
American government The corruptions
charged on johnson we're the work ofthe
Pharisees themselves, who prate about
economy and honesty, while they uphold
a wasteful extravagance and villainies
in financial matters unmatched among
the nations of the earth.
8. We profoundly deplore the uutimely |
and tragic death of Abraham Lincoln,
and regret the accession to the Presl-
dency Of Andrew Johnson, who has acted |
to the people who elected
him. and the cause he was pledged to |
has usurped high legislative |
and judicial functions; has refused to |
execute the laws; has used his high |
Office to induce other officers to ignore |
and violate the laws; has employed his
executive powers to render insecure the |
property, peace, liberty and life of the /
citizens; has denounced the National
as unconstitutional; has
resisted, by every measure in
his power, every proper attempt at the
of the States lately in re-
bellion; has perverted the public patron.
age into an engine Of wholesale corrup- |
lion, and has been justly impeached for |
high crimes and misdemeanors, and
properly pronounced guilty thereof by |
the vote Of thirty-6ve Senator'S. /
This article contains simply batch of
falsehoods, Of a character so glaring as
to excite establishment that any body of
men, claiming to be respectable, should |
venture to indorse them even for party |
purposes, aud in all the recklessness of
partisans. The thirty-fve Senator'S and |
the Republican Convention, SO called,
will be fortunate if they go down to his
tory with titbe of the reputation for
integrity to the Constitution which has,
to all impartial minds, been already Sc
cured by Mr.. johnson. II that ia not an
unconstitutional Congress which ex.
cludes one-third of the States ofthe Union
from all participation in its deliberations,
it would be difficult to show what enor-
nifty would be sufficient to make it so.
3. The doctrine of Great Britain and
other European powers, that because a
man ia once a subject be is always so,
must be resisted at every hazard by the
United States, as relic of the feudal
times, not authorized by the law of IA
tons, and at war with our national honor
and Independence. Naturaiized citizens
are entitled TO protection in all their
rights of citizenship, as though they
were native born, aud no citizen Of the
United States, naturalized or not natu.
rallied, must be liable TO arrest and i'm
prisoument by any foreign power for
acts done or words spoken in this coun-
try, and if arrested aud imprisoned it is
the duty OF the Government to interfere
in his behalf
10. OF all who were faithful in the
trials Of the late war, there were none en-