The Texas Republican. [volume] (Marshall, Tex.) 1849-1869, 1868-07-17
The Position of the Democratic uom-

Ind in thc editorial columns Of ~
sscclleat Paper the Galveston Ns~s
will be red with profound interest
We have hoard the iutimation thrown
out that Horatio Seymour, the Dem
ocratic standard bearer, was in III.
interest Of the bondholdcrs. II /,
here shown that his record Is NOT onl,
iaultless upon this issue, but in al
olhsss in which the true mon Of The
North and South are interested:
Gov. Seymour, OF New York
shows tia. he predicted in 1862 thai
the debt growing out of the wal
would produce Angry discussions, fol
the reason that 1t would be held al.
most exclusively in a few Atlantic
States. lie predicted that wo would
be divided into creditor and debtor
States, and the debt would be owned
by States to which the Constitution
already gives = disproportional share
Of power. He pointed out IA.
wrong done the West by making heI
send twice as many soldiers TO the
war from esch Congressional di.,ric,
a. were demanded from Vermont o,
Massachusetts, while the ourrenc,
given to the West under the bank.
ing system wst not one.ouar,er .e
great although the West needed Cur.
renew the most. For these reason,
he refused TO sign tho act ,uthor;,
.ing tho banks Of New York 10 or.
gsnize under a general banking law
Now, he sa;ss, all the States nre
heavily taxed. but some-of them gc,
back A. much as tl,ev nav ont and
some more. while others get back
but little. But the greatest inius.
tico il in having two kinds Of cu,.
rency--ope for the people ecner,Ilv
and another for inc bon1holdcrs
This canno, continue lone With safe
ty We must have uniform cur,
repey--all good or all bad--for All
elnsses TIL, Il the grsoI question
to be settled Gov. seymour he.
Iievcs the financial o,s.,;or can h,
settled by pu,tinp in n vi.c homes,
and faithful .dm;n;str.,;on ~ an,
public affairs. Tho -ss,c and rccL
ssspcss Of those; r rr .rc do;ro
more TO ruin The g. c,o;,n,,v Than iii
causes pu, together A coed admin.
istru,ion. by restoring pe.ce ccono.
nv and uniformity and reliev;no
,hc pcorlc from cor.,,r, ..nse -,
uncertainty and forcbod;uo would
Law the foundation for cysrv othc,
blessing
Gov Scvmour showed th,, m;l;..r,
dcspo,;.m was cxccoa;ngIv co.,ly
d;rsctlv and ;rd;rcc,ly 10. l;nn
creot 1c,l out Of ,ho ,rc,snrv anr
nrcy.,,;ny Tho nros,sr;,y oc ,hs
people, And, said he, il is impo.
sible TO give untutored Africans al
the South uncontrolled power Of the
kuvVIumcut, pTupcTty anu inc lIWi
Of ten States, by excluding white
voters, without military despotism :
You cannot give to three mil
lions Of negroes more Senators thar
are allowed to fifteen millions O.
white men living in New York
Pennsylvania, Ohio, Illinois, Indiani
Wisconsin, Iowa, Kentucky, Mis-
souri,, aud Michigan, without keep
ing up great standing armies. With
oat q general amnesty and the rcsto
ration of the suffrage to all III,
whites in the South, great standin.
army must be a permanent institu
ton. In order to curse the South
with military de.potism, negro rul,
and disorganiscd labor and industry
they cursed the farmers Of the NORTH
with taxation, the mechanics with
more hours Of toll, the laborers anc
pepsianers with DELAYED ;aI.ur. Ii,
and ~" Iii, .raa;,o. III ""aJ IN
n" Wy P"'.O o.oa'oi wiz" c's