Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1868-11-11

Nv fHtfFfsf orUVtVy uCOt w Nuc N''ss~
States amounts, in round numbers, to g.
2oc,oo).oo). Tho Democracy can pay it
OF IN ten years, not only without :ncress
ing tsx,,ian, but actually dininishing it,
Ls, us see. There 10 e5l9. 900. 600 Of the
800 bonds now payable by the Govern.
ment. There are, n round numbers,
$500. ooo, 900 Of National bank circulation
Dscontinue the National banks ~ banks o
Issue they can DO continued ms banks oil
deposit. If deemed necessary issue $500,
O0o.o 900 Of grcsnbacks in the pace Of The
National bank paper. Are not grssntaeki
is,aed on the edit OF the United States
G,vsrnment ~ good Is the paper Of the
National banker We would like TO see Q
man who would deny this proposition. -
MAKO $4,000 900 more oil greenbachs.
49, to he $3ao 600 900 greenbacxs
,.sqsd n teal Of the National bank paper
an pr. OF ths $5ie.o0o 900 of o 20 b,nds
NJ pNfabe BY this means, yoa &C., iii
OF = i .t.erest u S3l. IL 900 annually.
aas soi plt eelae01 900 a,~e noaev ntc
q bstsaatry, ra'stug 40 syatn rs cru sized
- iu~hy. and giving employment to abor.
isrs na8sv j. wanted in The 1nntrv. ENd
yet IS lis alsliuon, w. woa not have ~
ci nation, by $2lo o0o, 1000. as much
mes-y VS. in Ct calaton IN 1865 Tnis
IL m aaiuAl fact. A reference TO the ispor
o Sc cary Of the Trsa ury viii SNOW
THAT N tie Il, st Of . ,tober, 1865, there va,
o~cr one billion Of n,nev in circulation =
= ia. there are not over 5000. 0o0. 900 =
nj c,cagn to pay our National, State,
epani mlnicioa' and tosnship taxes, il
;hss cane i 40 on the same day 1t {
no ~tn Ter business droops. industry Ism
gus,ss, AID labor g,es begging And yet
n 1850. waea tho circulation was nearly
i,ub = ~aAt il Is now, god was no, any
nisae thus showing, again. that ths
pro. OF god IL not effected by the amour,
.. paper n ilsv Ia circulation, bot bv the
csah isacs Of tho people in the ability G.
~, \ ,sran 1t ID redeem its onl ,tions
faus sc viii have az Immediate pay
ment Of So - 900 900. OF our ind ,b,sdnss-
All tax.uon can be reduced TO ID,
amount of the interest on it, to-wit f3l :,
lsa,aap 10 gold. Fns you'd only leave
81 osl 90 600 1, be provide for. Out OF
nm 1 nt IL
iag Il t. Garcia the bonlhulds and the
raiictl coas fessmrn aaI ollie Ia edsrs and
th-.r friends. and keeping up large stand.
Ing ARMIES aud the Frssdmen's Bureaus ia
the South. Democratic &c nomy would save
S2oo.0o0,oo0 year and apply it to the
payment OF the dsbt, st the Same time re-
dacins each year the taxation Of the psopl.
10 the extent Of thu interest Of the money
paid on the National bonds. And thus in
lees than ten ysars Of Democratic rule, the
whcls ,ode btsdnsss Of the country would
be paid of. National taxation would again
be unknown throughout the and, and Va
would transmit to our children the bs,t
Government on earth" free. united and
happy. untrammslled by . National deb
or National taxation!
Rsiicalism. on the contrary, propose,
tsat the present gsnsratisn should pay, il
god, three times the amount Of the Ma
tienal debt, and leave the principal to b,
paid By our chldres. in gold.
They nave dc ,idsd to pursue this cours,
the MAJ ority in faver Of 20 doing 10
hsavy sns. So Be it, but lot 10 oil bear il
mind that sooner o. later comes . day .
fearful reckoning.