Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1869-07-27
The other Side.
DoN QUIxorE.

The other Side. i'f'
Possibly some of our readers may place
ait. IS much confidence in the following,
Zion from well informed exchange, as
the terrible picturs drawn BY the 4 DEM
| ratic orator quoted, or rather cpl
niued in another column;
Arm FINANCIAL SuccEss.-A year ago, We
ARE making no progress in the reduction
Ifour National Debt, had made none for
tonthq, and we're likely to make none for
rmths to come. Mr.. Alex. Delmar,
N leading Copperhead Free Trade sta
acian, had recently put forth a mani
,,tO at the solicitation and with the en-
hattie Endorsement of Messrs. Wilson
Hunt, Henry Grinnell 4 Co., showing,
elaborate computations and marshling
long columns of figures, and t.sere
al be Treasury deficit of $175, 900.
NO on the first day of this present July.
id as nothing but a Rebel victory even
hiarated the Sham Democracy like a
mUc,t of National Bankruptcy. The
Trll had surrendered many columns to
Lmars exhibit, and the Democratic
sa had everywhere hailed it with ex-
ation as sure premonition Of a future
National distress, discredit and humilia-
n.
One year has passed, and with it the
Ne Of Andrew johnson. The wholesale
nycs whom he installed in power over
NJ rreat Cuson-Houses, with the lesser
aains to whom he largely confded the
acction of Internal Revenue, have been
smissel to the obsurity for which they
loald feel so grateful, and Republicans
,pOjnted to gill their places The laws
he the same as ever-there has been no
nnre calculate to increase the Revenue
essentially reduce the Expenditures /;
yt the Revenue IS increased, while the
Expenditures are reduced, so that we are
aging of nearly Ten Millions per month
# the principal of our Dept, after dis
aargog every current obligation, includ-
BIZ the payment Of over Ten Millions per
.oath Of Interest in ctin.
Meantime, the general thrift is qnite
eyOnd precedent We are building new
lAIrOals at the rate Of some thousands
nles per annum. We are improving
[aire-Iaying many old ones, in many
hes with steel rails. We are erecting
toreS and furnaces by hundreds, main
yiu the West and South, where they
hive hitherto been deficient. In spite Of
Too prevalent fcndness for Trade and
regulation. we are building many new
m.houscs and repairing old ones, as
perry one who travels in whatever direc'
iN must observe. More than this (. W.
he making new homesteads and farm'
AOf wild prairie aud forest, with un
unled energy and rapidity. Michigan
Wisconsin, Minnesota, Iowa, Missouri
Kansas, Nebraska, are growing as new
Mates have seldom grown, though hun
tsOf thousands are reaching beyont
Aem to Colorado, Wyoming, Idaho, Mon
ana, Nevada, California and Oregon
b Pte Of our heavy Debt, and of tn,
onilable State, County, City and Town
Zip War Debts which we are more rapid
paying Of, this county, including he
Mates lately desolated by Civil War, ]
acreasing its roductivencssa and wealth
no county ever did before.
The achievement next in order is III
m4'nJ Of our Debt at d l0tcer fate Q
'Nrest. We are now paying six pc
ant.' which is entirely too high for
ate Of peace and prosperity. We mad
le bulk of that Debt redeemable afte
We and within twenty years extressl.
lat We might, after the return Of Peace
at liberty so to fund it. We ought I
gym the process OF funding directly an
suPIstc il within Gen. Grants first tern
hAs Five Twenties could be funde
a new Four per cent, the saving i
interest would be some Thirty Million
sannum, which Of itself would extir
push the Debt within lifetime. w
aa, therefore, that the People will tur
deaf ear to all projects of essential la
A'duction till the work offunding IS cor
'e To effect it, the Treasury mui
Elm the receipt Of d large surplus, an
ila be constantly paying of mot merel
@veriing) Debt. So long as it shall pei
u buying and putting aside or burr
Five to Ten Millions per month,
~ be master Of the situation, aud ma
sate terms to the holders OF its Five
',aties. Let every citizen who belieye
National honesty realize that ever
lar distracted from the Revenue mo-
y cost many dollars in keeping up III
'''esi Of our Debt, and the schemes
20 or covert repudiators TO dfpiele th
ssas,rry by reducing taxation will be r