The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-09-23
him az dependent .

az apd MOI nd to keep MIN In his service
ace for me q .sacab thus substituting new bond.
political sry which, NE rsbeon has NO. weane
ite .aet unnatural Southern breast where II drew
" primitive nutriment; and thls political party now
fraternizes in the dismal work by winch peace Ia
postponed; Tor until the national freedman Is sale
In his rights there can be no peace. You may call
onv m name who does not feel that ne treads srll
on smothered hresf Who does not feel h1s feet burn
rs he moves over the treacherous ashesi II
wished any new motive for opposition TO the democ-
racy saonld Gna II IN this hostile alliance Because
an for peace, so thai this whole people may be at
work because desire tranquility, 80 that all may
be happy: because seek reconciliation so that
there shall be completest harmony therefore op'
turDer Of the national peace.
The Information from tue ex-rebel States is most
painful Old rebels are crawling rom hiding places
To resume their former rule, and what rule Sucn
might be expected from the representatives OF
slavery. 1t Is the rule of misruie where the Ku
klux Khan takes the place Of missionary and school,
MASTER Murder Is unioosed. The national freed
man 8 the victim and the UnioDist Not one
Of these States where intimidation with death IN It's
train does not play ts part Take the whole Southern
tier from Georgia to Texas, and add 10 II tennessee,
and, fear, North Carolina ana Virginia aso-for the
those to " h ON you owe so much fsat these things
should occur unoer Andrew Johnson was natural;
that reconstruction should encounter difficulties
after his detection was natural. The great English
moralist-anotner Johnson-dld not wonder mat q
dog In enains danced no better but that u dancsd
the chains upon succeeded no better but that IL
succeeded at ALL Andrew Johnson is now out OF tie
way, and in his place is patriot President. Pubic
opinion must come to his support In tins necessary
work. There is put one thing these dlsturbers feel;
II Is power and TINS they must be made 10 feel !
mean the power OIL an awakened people, directed by
q republican administration vigorously, constantly,
surely, go taat there sna be no rest for The wicked
REPUTATION.
III / could forget the course Of the democracy on
these things, as cannon, there is still another chap
ter Tor exposure and the more it Is seen the worse
1t appears. 1t is that standing menace of repudia-
tioD by which tue national credit at home and
abroad suffers so mucn ana our taxes are largely
increased lt Will not do TO say that no national
convention has yet announced this dishonesty.
arge 1t upon the party. A party which rspu hates
the fundamental principles OF the Declaration Of
MISREPRESENTATION repudlates equality before the
law-whIch repudates the se.f-evident truth that
government Is founded only on the consent of the
goyerneI-wnicl repudiates what Is most precious
ana good In ouf hlsGOry-and whose chiefs are now
engaged In q cunning assault upon the national
de- ignation democrat Is repud1ator. The repu-
datlon gospel, according to M. Pendleton, is now
preaching IN Oll0; aud nothing Is more certain than
that The triumph Of the democracy in our country
woull Dc q blow not only at the national freedman,
but also at tue national creditor. There would De
rel Gdiation for each
1he word ''repudlation," In its present sense, IS
not old. IL first appears III Mssissipp-a democratic
State II the thing were known before, never before
did it assume the same hardwood of name 1t was
in lS4l that the Mississippi Governor, IN message
to the LEGISLATURE used tins word with regard 10
certain state bonds, and thus began that policy by
which MISSISSIPPI was first dishon0red and then kept
poor; for capital was naturally shy OF such State.
eminence OF this transaction; nor is the State more
known as the home OF JEFFERSON DAVIS than as the
lone OF reputation. Unhapphy the nation suffered
also; and even nov, as understand, 1t is argued In
Europe to our discredit, that because Mississippi
repuaiated the nation may repudlate also II refer
to THIS example. it Is because l would Illustrate the
mischief oil the democratic policy. and summon Mis-
sisslpDI TO tardy justice. regenerated State
not anord to bear the burden OF repudiation nor
the nation ana the slsterh0od OF states forget
misconduct so injurious to all
have the pleasure at this point In referring to an
nnr fnrr in glsIsa
abe lawyer, for a time an ornament OF the supreme
Court OF the United States, Mr. b. Il. Curtis, who
argues most persuasveiy that where q State repu-
dates its obligations to the derlment OF FOREIGNERS
there IL remedy through the national government
But the artice contains warning applicable to the
present boar, Wnlcn quOte:--
The conduct States has not only DESTROYED their
credit and left their sister States very little OF
but materially affected Of the whole Union
that found impossible negotiate Europe any part
OF the loan authorized py Congress 1912 1t was offered
former times would have been eagerly accepted and after
agent gave up attempt obtain money in despair
Norh American RpieeJor Jaauary. 1874, vo, s. p. 1856
As the fallen drankard Illustrates the evils OF
intempefance, SO does Mississippi illustrate the
evils Of reputation. Look ct her. But there are
men who would degrade our republic TO this wretch
ed condition.. Forgetting what Is due to our good
name as a nation at home and abroad--rorg etIinV
that tine pubic interests are bound up with public
farh, involving ali economies national aud midi
vidual- forgetting that transcenaent position
has corresponding obligations, aud that NOBILITY
once Obliged to great duty-no51esse obiigeso does
republicanIsm now. There are men VINO forge { ing
all these things would carry our republic into this
terrible gull 60 full of shame and sacrifice They be-
gin by subtle devices; but already the mutterings Of
open reputation are heard. denounce them all,
whether DEVICE or muttering. and denounce that
political party which lends itself to the outrage
REPUTATION is CONFIscATIoN.
Reputation means cOlf13ca on and 10 the present
case coulscehon OF the property Of yai citizens
Wlth unparalleled generosity the nation has refused
to conH5cate rebe property. and now it proposed
TO conuscate loyal property. When expose repu-
diaton as conii9cation mean to be precise. Be-
tween two enactments, one requiring the surrender
OF property without compensation and the other de-
caing tnat the nation saii not and viii not nav an
equal amount due according TO solemn PROMISE,
there can be no just distinction. The two are alike
The former might alarm greater number, be.
the two and you viii see that In each private prop.
erty is taken by lne nation without compensation
ana SpproprIate1 to It's own Therefore do say
repu iiaton Il coniscatoB.
PAYMENT IN GREENBAcHs
favorlte device Of reputation is 10 pay the ma
tionai debt ia greenoacks-ln other words to pay
bonds bearing interest with promises not bear
ing interest violating, IN the first place, rule OF
honesty which iorods such trick. and, III the
second p.ac-, RUE OF law when refuses
TO recognize an interior Obligation as pay
meat % d,o o f ,e Here IN PLAN terms
ment OF the principal. Ihs proposition wnen first
broachej contemplated nothing less Than an infinite
ISSUE o gree bic1s flooding the Country, as france
was Hooded by asstgadts, and utterly desire, lag
values OF al siude. Although in Its present more
moae ate form it - limfeG to payneat by existing
Ilterest-Dearing bonds are to be paid with nom
int est bearing bits OF paper The statement OF tn
case Is enough. Its prop0ser would never do tins
thing n his own aiars, but how can be ask his coun
tgy 20 40 what honesty lorblds IN private life?
TAXArfON OF BONDS.
Another device is to tax the bonds when the money
was lent on the positive condition that the DO nds
Should not be taxed TINS OF course IL to break the
contract in another way IL rs Reputation in another
brnl.
To argue these questions is happily unnecessary,
nnd aliude TO them on because wish to exhibit
the loss to the country from such attempts. This
can he made plain as churcidoor. And here
mn t ask attention TO details.
EATi.A IHrEHLSF CAUSED By SCHEMES OF REPU-
DIATfON.
The ,ota debt Of our country on the lst Septem-
ber ASIDE nom the sixty mons OF bonds issued 10
the Pacific railway, was $3.50 962, 50i ana here
MENTION with great satisfaction that Since the Isl
March last the debt has been reduced $40 500 600
The surplus revenue now accrullg is no: lesl than
s1Oo 900 year, and will be, prooaDy not le.,
than SI2S 900 900 year. OF which large sum not iess
than S750o0c 600 must be attributed to the better en-
! fOrcemeht OF the laws and the economy now pre-
| valliug In all departments And here comes tns
/ Ctr rava