The Hancock Jeffersonian. [volume] (Findlay, Ohio) 1857-1870, 1869-08-27
RepudiatiOn AYOWed.

"N0 Government ever survived re
pudiation. Any Government that
refuses TO pay its debts, who repudi-
ateS that debt, is infamous among
the Governments OF the earth, -
Horton. .f ..
lis Morton ignorant, or does he
lie? This Government repudiated a
debt, survived it, and never became
infamous until it contracted the pres
ent one. This it will also repudiate
and survive. Indeed, its only chance
of survival EXISTS in repudistion. ,
Napoleon Northwest.
We give the above as showing the
real spirit and feeling of the Democ-
racy in reference to the payment of
the war debt, snd the maintenance of
the public honor. The N0rtAaosSt,
though it advocates a most Infamous
doctrine, deserves credit tor candid
iy speaking out what more polite
and crafty politicians oil the same
party would have concealed. In or
der To make point to justify its in
liquitous position it ISLANDERS the
fathers of the Republic This gov
ernment has paid all the war debts il
has contracted since 1t was original
ed. The debt of 1912 was paid-so
vas the Mexican war debt-and the
debt of tile State of Texas hesides.
Mo- only was the Mexican war debt
paid by the General Government, but
no Wing or Free-soiler ever was
mean or wicke enough to suggest
rcpudiation OF the debt caused by
war they considered as in the high
est degree unnec .ssary and unjust |
The NoHHtpeSt ISLANDERS the Ameri |
can government in saying that it |
ever repudiated an acknowledged
debt. AS nation we have done /
many bad things, and we have donbt-
less neglected claims which we ought
TO have provided for, but we have
never reached the infamy Of repudi-
alton.
We presume the failure of the
States or Colonies to redeem the
currency issued during the revolu-
tionaFy war period is the repndia-
tiOn referred to. This was q bank
ruptcy growing out of the weak and
impracticable cOnfederacy which
then existed. The disgrace OF that
bankruptcy was keenly felt by the
patriots of that day, and the present
and Government was
devised that sweh a calamity and DIS
grace might neVer occur again. The
was a rope of sand, and
States were allowed to do
as they pleased to SO great an extent
that the credit OF the Congress was
not kept good. The present "more
perfect union" was provided that we
might have government strong
enough 10 collect duties and taxes
to pay debts aud carry on
all its operations with decency, dig
nifty, and success. Now the Demo
cratic party would bring us back, if
1t could, to that deplorable condi
Lion by restoring TO the States the
power to shirk their obligations to
the general government. Repudia-
tion is just what Gov. Morton declar-
ed it 10 be, wicked and infamous. No
nation can, or ought TO survive it.
But if the charge that our govern
ment has once been guilty of frepudi
alton were true rs fact, and not
slander that it is, it could not justify
Is now in repetition of a wrong.
Then the nation was poor, now it is
rich. Then VIC had no credit; now
We have. Then we had no resources
developed; now they are abundant
Then we had no strength or stand
ng among the nations, now our flag
lOats proudly on every sea, and /
the respect of every gov
ernment on earth. But having done ,
wrong once, can not make it right to ,
10 wrong again. h
Nor il it were true that we had
1nce survived reputation, is it true
that we could repeat the experiment
80 safely again. If the honor and
credit OF nation may not be trusted (
10 pay the debt incurred in its own ;
salvation from domestic revolt, what
.lebt can it be expected to regard
with sacredness That surely is ,
more sacred than any other can he
In case of a war with any other nation, ,
who would be willing to trust us ;
again? If we repudiaGe popular
Ioan-one furnished ont of the pock-
cts of our own people, who would
trust us to make good our promise !
to capitalists of other countries ,
Credit is essential to national lie
fence and public safety, and the re-
pudiator is practically an enemy and
traitor to the country which protects
aim, as well as wicked and danger ,
Gus cOrrnpter of public morals.
The talk Of such papers as the ,
limited as is their influ-
ence, and untouched SIS the heart Of
the nation is by their sophistries, by
the apprehensions they give rise to,
are now affecting the value of our
securities abroad. That such doc
Lrine can he advocated by men who .
have the impudence to claim to he ,
honest, is itself a disgrace and a
damage to our gOvernment.-I0iedo
Blade.