Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1868-03-19
THE REPUDIATORs REPUDfATED-'
THE DEATH KNELL OFPENDLETON

At the New York State Democratic
Convention, held at Albany, March II
Governor H. Seymour made speech, in
which he uses up the Reputation and
Pendleton theories, after the following
fashion,: at. sai
deem 1t my duty to speak frankly
on the subject of debt, we owe it to our
friends in other States to let them know
our position, so we may not fall into the
fatal error of makingssa sectional ques-
tlon of a part of our National platform,
they would with justice reproach us, 1t
we suffered them TO hinder us In our
battle In this great State which must be
won, or our country is lost. We have
issues enodgh with the party In power,
on which we think, as one man, to over
whelm 1t with disgrace and defeat We
must not distract our counsels with
questions, however important, upon
which there Is so much doubt, and which
cannot be settled In many years 10 come.
We must not thus turn awsy the public
mind from the dangers which threaten
the immediate obstruction of our Gov
ernment and the liberties Of our people.
Even now, the hand of usurpation Is
strelched out to rob us Of our rights, and
| IL must be struck down, first of all,
Whatever our views may be, the pay
ment of this debt will fall upon the flu
ture, do what we may, a generation,
| that will come after us will decide its
mode. and without regard to anything
we may say The depressed industry oi
the land demands that the load OF tax
| alton shall be lightened. Our debt is
not due until fifteen years from now.
| How few of those who may now dis.
cuss this qustion will be living then. If,
| In the meanwhile, our country Is well
governed II there Is economy In its af.
! fairs. and the rights and liberties OF our
people shall otlbe impaired, our popula'
tioh Will TO lnela ased frpm thirty-fiye e Z.
than thai double then this debt viii res
more lightly upon the greater numbers
and greater wealth than 1t now presses
anon the depressed industry, and dis
heartened people. We deeply regre
that our position should be censured II
any quarter, but we cannot lower ou
standard, we willnot betray those VIII,
come up to its support. II Is enough
that honor forbids this, even II we coul'
stoop to aught that Is less than honorable
Even policy would dictate that thi
great State should be held firm an
steadfast In its position, II we hope =
save the country from the dangers whic
menace i'll There Is perfect accord II
the Democratic ranks, as to the polio
and need of honesty and economy, br
there Is some difference of opinion as
. the construction OF the contract wit
r the public creditors, some hold that II
Q right and due to the Taxpayers that "
: should save what we could by payin
Q the principal Of the debt In currenc,
n but they underate their own argument
: tits q mistake to suppase that the II
i forests Of bond holders and tax paye
Q are antagonistic. The fact Is overlooks
v that In order to make any saving |
n giving the bond holders a worthle
/ paper, we would spring upon ourseiv
8 disaster and dishonor, which will cost
= hundred fold more than we can save.
o II means that we are j, give the labor
D. for his toll a base currency: IL mea
of the honor of our country shall be staine
= that our business shall be kept IN u
& certainty and confusion, that the tabt
ing man shall suffer by the increas
n cost Of the comforts of life, that'the Ia
- PAYERS shall be burthened by . goveI
nent proved TO be corrupt and imbee