The States and Union. [volume] (Ashland, Ohio) 1868-1872, 1869-12-15

cient administration of the Govern
ment.. What faith can the Executive
put in officials forced upon him, and
those too whom he has suspended for
reasons? How will such officials be
likely to serve an administration which
they know does not trust them? For
the second requisite to our growth and
prosperity, time and firm but humane
administration Of existing laws amend
ed from time to time as they may
prove ineffective, Oh prove harsh and
unnecessary, are probably all that are
required
The third can not be attained by
special legislation, but must be, regard
ed as fixed by the Constitution itself
and gradually acquiesced in by the
force of public opinion from the foun-
dation of the Government to the pres
ent." ':.h ..f I'd
The violation of any physical law,
is generally followed, sooner or later,
by a penalty. So also in politics,
when a party eversteps well defined
rights under a legal code, the penalty
will certainly follow. While the vile
tools of the Radical party We're tying
ANDREW JOHNSON, hand and foot,
and d~epriving him of his constitution
al prerogatives, because he, would not
obey, and carry out their wicked
schemes of retaliation, towards a sec
ton of the Union, they had robbed
and ruined, they little thought, that
while they were lettering his hands,
they were forging chains for the great
ca ULYssEs!l Now these fanatics
and usurpers, are requested to remove,
from the statute, those offensive and
unconstitutional laws! He asks to be
saved from the unscrupolvus reign Of
Senatorial and Congressional despots;
three hundred tyrants, instead of one
Poor GRANT, He is helpless, and
begs to be permitted to exercise his
rights under the constitution! j..
The President desires the debt to be
"paid in coin?" In this, he is a, rank
of contracts-willing to OPP
press the millions of laborers, mechan-
les and agriculturalists, that the bond
mayget onehundred centsin gold
forthe forty cents heloaned the Govern
ment, in deprecated paper, when he
agreed to take his pay in legal rourren-
cy or greenbacks. This scheme is in
tended to ~aggrandize the CoRBINs, and
the JAY Cooks, at the expense of hon
est labor, and should elicit the scorn
Of every rejecting American Citizen
It is simply a scheme, to rob the mas
,es, and fill the Golfers of the rich.
IRREDEEMABLE CURRENCY.
"Among the evils growing out OF
he rebellion and not yet referred to is
hat of an irredeemable currency. 1T
S an,evil which l hope viii receive
most earnest attention. 1t is q
luty, and of the highest duties Of the
to secure to the citizens
medium of exchange of fixed, I'M
value. This implies a return
a specie basis, and no substitute for
t can be devised. 1t should be COM
nenced now and reached at the earliest
moment, consistent with Il
air regard to the interests of the debt
r class. Immediate resumption, if
practicable, would not be desirable. 1t
7ould compel the debtor class to pay
'eyond their contract the premium on
old at the date of their purchase, and
Tould bring bankruptcy and ruin to
thousands. Fluctuations, however, III
he paper value of the measure Of all
alues of gold is detrimental to the in
srests of trade. 1t makes the man of
an involuntary gambler, for
1 all sales, when future payment is to
e made, both parties speculate as to
hat will be the value of the currency
, be paid and received. L earnestly
commend to you, then, such legisla-
on as will insure a gradual return to
Decie payments, and to put an imme-
late stop to fuctuation in the yalueof
urrency. The methods to ecure these
esults are as numerous as are the spec
on political economy. To Sc
IRE the latter l see but one way, and
nat is to authorize the treasury to re-
eem its OWL paper at Il fixed price
'benever presented; to withhold from
regulation all such currency redeemed
ntil sold again for gold. The vast re
ources of the nation, both developed
nd u~ndeveloped, ought to make our
redit the best on earth. With less
urden of taxation than the citizen has
injured for six years past, the entire
ublic debt could be paid in ten years,
ut it is not desirable that the people
Mould be taxed to pay it In that time
ear by year. The ability to pay in
reases in a rapid ratio, but the burden
f interest ought to be reduced as rap
as can be done without the viola
of contract. The public debt is
.epresented in great part by bonds hay
az from five to twenty, and from ten
D forty years to run, bearing interest
the rate of 6 per cent. and Z per
ent. respectively. 1t is optional with
ne Government to pay these bonds at
ny period after the expiration of the
,st time mentioned upon their face
he time has already expired when a
reat part of them may be taken up.
he time is rapidly approaching when
may be. 1t is believed that all
7hich are now due may be replaced by
onds bearing a rate of interest not eX-