New-York tribune., 1868-06-26

gonld cripple rain them the bonus ure ~, Co.
they are paid In debased paper. II we aid tho 10
widows and orphans we find that 2oOCO are not
,,it and Who are compulsory owners a present
prices under the operation Of our LAWS ntarnts
% @ fbe iaGor of the East and the labor OF the west
IL is clear that opponents nope lnd !. WI, and with
from going INTO contest with compact ianS & v % he
one hattie cry However alarming TINS ASPECT may ,
am sure there Is policy to be inarkga & Iu. nt tbe
snriuS from an unWise conduct or pubic ahdIs
They have come np Ike os5 sopeped pi comnsels and win
fadg away before the light and NE OF clear h' nv a
pooyy and tIc bond-hOlder have conflicting interests
which will hinder them from acting tOgetherln ulnpuins
coIsttutonaI rightl Why are the taxpayers aOOrng
49, dcit wien bears an interest OF six per cent,
while other Governments can borrow noey as tn, ~
per cent and at this interest Their bonds sell Tor pet
& nTces thar ours Why is the labOrer the farmer he
mechanic, and the penSioher para IN Ddu losy ~ -, o
eveyy paper dollar paid to theml Why Is the bond,
holder wronged NY ot tno sI his bond for as much
bv oncthird the citizen OF Great Bfllan gets IUl
tie bond OF his Government wmfh pears oWTI @ ~ tSe
and why is his claim inaue ouous III i dT 10 Sece S whie
people by the fact that his interest Is pald IN
they compelled to take deDasen PAPER ~ h yin
every thoughtful man that puplS ~ aau @ % sr arv
not admit Of having two kinds OF currency lor any
length Of time. We must have uniform currency Ior
al classes. There is but one Question 10 ,i DC t di
Shall currency be uniformly gooa OF 1iior{ pauo a
we to have honest standard OF value Tor all or are IN
dusry, enterprise and morality to be perpcXed ahd us
ordered by a shifting and dishonest standard. Iit can
be shown that all these evils under whchwe labor spng
from source, then 1t is clear that an ca5ses
bicb sJbeis sTcL widcsprcad curses There are two
ways OF making our paper money as good as con- 0ro
arL INT IT viii calry ruin and bankruptcy into every
mart of our country 1t will bear down the prices OF
property and OF labor. IL is policy Whch claot no
carried through for the country viii not consent TO IT,
There is another way lifting up groenbaeks to par
Which will not harm any, but will help all, which
win bring back confidence, Will revive 9nslness business
! ana enterprise. will tighten taxation. wiz
| give to labor honest money, and will do
Justice to the public creditor And that way rs 10 give @ 10
fI,. funf faith i'm he
% henps he national credit is dsonored How
can the Of our Government which pay no interest
he worth their face in gold silver, when the bonds OF
Government, which pay per cent interest are worth
put ont by banks worth more than the bonds which Sc
is dshonored in the markets Of the world but 1t is true,
and it must be sand, i we are to find remedy IL Is
thousand dollars for twenty years II pays tho lender but
$270O 10 the lender II we wish TO help tho taxpayet M
wish 10 get at the cause OF de6assd ei5s9ey I'm III @ oe
credit is dishonored for it is tainted credit that sinks
alike the value of bonds Of greenbacks and bank notes
Make the credit Of the United States good that or
Great Britain or OF merchant in good standing or oil
mortgage on farm, and our troubles would disappear.
system of contraction, shall cripple tho en-
erges OF the country ana % MAKE m DanhLupag dahess
the currency by Inwse issues we SHAH equally per,
prices matters OF gambling. tricks. and chances
Tins VIII did in the southern Confederacy Al the
outset the citizens OF richmond went 10 nalket MIN
their money in their vest pockets aud brought back their
their baskets the end they TOOK Their
in their baskets took their dinners in their vest
pockets Make our money good by an honest ana Wise
five per cent more than 1t is now which VIII DE equal to
increase of Onequaiter in the amount OF currency
Business will be strengthened, industry will be encour
aged prices VIII be regular ana men VIII heh ue 70 10
with useful enterprises. We find right here the cause
credit tainted But for that could borrow money
Britain does three per cent and cut down taxation
and silver would glitter in tile hands OF labor But for
that fact there would be no question how the bonds arc
ha N pf lp
back issue. But for the national dscredt business men
would not be peexed, and the dsquet and fears which
now disturb the public mind would not exist Now II
tins dishOnOr cannot be helped, we must bear IT in the
best way we can and must get with the sectional
and social and political troubles growing ont Of II until
time aud events shall bring But If It I've
all classes, and all interests should unite and turn
them out: Fortunately We have official statements TO
guide us III our inquiries We take the showing OF the
very parties under impeachment TO show where guilt lies
To show the OF those in power let compare the
cost or Government during the four years OF peace before
1851 and the four years peace following the ls OF july
1865 For the fiscal yee ending July !, 1862 will take
MeaT Bear in mind that this is the best promise the
Republicans can make on the oveof Presidential elec
will spend but win give them the benefit of their own
Of july 1866 the War Department paid sS5 C6COO which
@ d@S ya 9sR of m PSs % by inf Dep an
which included the cost Of the Mexican war IL took
policy as it did to carry war under Democratic
management. But will not take this slG00OOO0 into
account Let us close the war since July 1865, about
! three months after the surrender Of Lee up
July ], 1863 the cost Of Government will be, by Off
1851, by the estimate Of the Chairman OF the Com
mtee Of Ways and Means, t will be Sl9 g73S66 making
the cost Of government for four years, AOs36354 This
does not include one cent paid or TO be pald for interest
or principal OF the debt the cost OF government during
the four years before the war peaNg OUT interest on
debU was $2eG.22o44. This shows that the Republicans
have spent in time Of peace four dollars where the
Democrats spent But the cost OF government grows
greater, and We Will allow them TO spend two dollars
SOS But they spent $5OGelO6 646 beyond this What did
they do with the money During the four years OF Mr.
Of the War Department only $9Oj4O7ss,2l. We find
that the cost War Department. taking their
peace, S54 6l3,sl9 And this follows expenditure Of
than s. 1000 OO during the war The cost Of the
Navy Department in the four years ending July 1862
so2 and this follows an expenditure of Si7Cl2 during
the war. In the four years before the the navy
cost only S62,9l0,534. We then stood In the front
| rank of commercial powers Our ships were on
| every sea and were TO be found in every port
American shipping Is now by our tariff policy swept
ocean, the cost of the navy nearly doubled
the Department cost s2ss,s 93l, which is
which covered the expenses cf the Mexican war. Not
only does of peace cost more than four years Of
then did but the third year OF peace costs more than
the second for In the year ending July ], 1861 the War
Department spent only S9524,I5 In these statements
we have gwen the Republicans the fun benefit OF their
promises for the fiscal year ending July 1862 but we
for the War Department III that year why and how did
you spend S2S SS5s4sO this year sl 100000 enough
for the navy 1869. why did spend II Si332l
m 1906 and SSlO24ol in 1867 You have not cut down
the numbers OF the army Did you waste money
this year. your statements for next year untrue
We ask Republicans 10 read the estimates for the
future, for they show the prOfgacy Of the past II
S50OOOOOOO Of the money paid for military, naval, and
other expenses had been used pay the debt to-day the
credit Of the United States would have been good
that Of Great Britain. This rapid payment and the
proof it would have given Of good faith would have
Ted the national credit TO the highest point The bonds
would be worth much more in the hands Of holders and
yet the payers would better OF, for the
Government would be cut down as its credit We
could put out new bonds, bearing less interest which
would not have the OdiOus exemption from taxation.
Our debt would have been less interest lower and
taxes reduced The hours OF labor could be shortened
What lengthens the time Of TOLL II free
from form Of taxatIon. dreot ndIrect six hours