The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1868-07-04
Reputation.
The following is from the Ottawa Repubt-


The following is from the Ottawa Republi-
can:
LONDON PAPER ON THE ILLINOIS REPUBLI-
CAN STATE CONvENTION.-The Republican
State Convention Of Illinois assembled at Peoria
on the 18th of May, and passed the following
resolution: Is
"Resolsed, That we denounce all forms Of re.
quotation as a national crime, and that national
honor requires tho payment Of the public indebt-
edness in the utmost good faith to all creditors
at home and abroad, according to the letter and
spirit of the laws under which it was con-
| structed"
Inc great prairie state-the queen OF the west
IA land in truth flowing with milk and honey
| -repudiates in the strongest and tersest Ian
guages the regulators, and gives the lie to those
who assert that greenback redemption is the
cherished offspring Of the west This is the
frst state in which the republican party has
taken bold and decided grounds against repudi-
alton, and it was but the forcrunner of the great
national convention which met in its leading
city Chicago, and laid down the resolution as a
plank for the republican platform.
II this means anything, it mears that the
republican party leaders are in favor of paying
the bondholder's in gold and that the DEM
ocratic party are in favor of reputation, Ex-
anime the history OF this state, and we find
that, at one time, when this state was labor
ing under heavy debt, some were in favor Of
reputation, but they were not democrats.
The democratic party in this state insisted
that the faith of the state should be kept in
violate, and under democratic rule and POI
icy the state debt was paid of. rr 80
The democratic party now insist that the
national faith should be kept, and that the
bondholder shall be paid to the uttermost far
thing the money he actually lent to the gov
eminent, with legal interest thereon. The
democratic party insists that all men are equal
before the law, and that the bondholder and
the negro are no better or entitled to any more
privileges than the soldier, the sailor Or the
laboring man.
There is but one danger ofrepudiation, and
that comes from the present radical stump
tail congress.
AT present the white laboring man of the
north who, with the greatest industry and the
utmost economy, is scarcely able to support
his family and educate his children so that
they shall become good and patriotic citizens
of the republic, is heavily taxed, and for what {?
10 support in idleness and ignorance three or
four millions of negroes IN the south, so that
they may vote the radical ticket He is taxed
to keep in subsection by armed force, with the
aid OF an army of 10000 Freedmen's Bureau
agents and provost marshals, 100000 white
men and prevent them from developing the
resources OF the southern states, when they
might, under proper and humane policy, be
enabled to pay, at least one third of the ma
tional debt
He is taxed for enfranchising the negro and
for DISTINGUISHING the white man.
lie Is taxed to support an army of 10000
office holders connected with the Treasury De-
partment alone.
lie is taxed to keep up standing army in
time of peace of 10000 men, at an annual
expense of one hundred million dollars, while
prior to republican rule q standing army of
10000 men, at an expense of less than ten
million dollars, was all that was necessary.
He is taxed to pay the national banks %
millions of dollars.
He Is taxed to pay for long impeachment
trials, got up by radical silver spoon stealing
congressman, for political purposes alone.
He is taxed to pay for the immense frauds
perpetrated upon the government by radical
office holders.
These are some of the many objects for
which the white laboring man of the north is
now taxed. s1il .nl|
And yet the leaders of the republican party
insist on taxing the laboring white man of the
north to pay the bondholder 100 cents in gold
when the bondhoder did not actually lend
the government more than 40 or so cents.
Prior to the advent ofthe republican party
into power the ordinary expenses of the gov
eminent did not average, annually, more than
S56,OOO,oOO The ordinary expenses of the
government for the fiscal year ending June
Both, 1867, exclusive ofpensons and bounties,
foot up $170,OO0,0O0. ~ ErtlW ,i,l (.
The annual excess Of the ordinary expenses
OF the government under radical rule, amounts
to 100000
Republicans frequently give as a reason for
the enormous expenditure Of the peoples
money, that it is used for the payment of pen
SONS and bountics.
But on examination VIC find that only $82,.
100000 is expended for pensions and bounties,