The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1870-09-02

and dlScre0iG mas been wiped out and
Indiana soldiers are esteemed among
the bravest, and her credit the best in
the Union. 10 1861 the Democracy
bequeathed US a vast debt. That debt
has been paid, aud the war debt in ad-
dition. Republicans have paid it and
within the last nine years. Some
bonds. it is true, are still outstanding,
but Governor Baker has the money
in the State Treasury to pay them
all of. WARN applause.1 Up to
1860 the debt was constantly increas-
| ing. Since then it has been constant
ly decreasing. In view of these facts,
do you want to go back 70 the old
rulers?" (Nol NOD
We must pay our national debt. and
are paying it. Up to July we had paid
$40. .0O0. 600, and up to September,
$40. .OO0,00 since Grant was inaugu-
ted. He understood that Mr.. Voorhees,
had been down here and laying his hand
upon his heart and calling God to wit
ness had declared that the debt had
not been diminished one dollar. He
said there could be no argument with
such man. There could be no argu-
ment with a man who would deny
that the sun shone in the heavens.
At the present rate Of reduction the
whole debt would be paid up in
thirteen years. which he thought was
too soon, as be believed the next
generation should have a share in its
payment. The national debt was not
a source of either danger or anxiety.
Recurring sgain 20 greenbacks he
said when first issued-w when they
were necessary and we could not do
without them-Democrat declared
that they were unconstitutional, and
advised their refusal. After the war
was over they insisted that we should
have nothing else. aad should pay
our entire national debt with them
and declared they were the only con-
stitutional currency. He referred to
Pendleton. Voorhees, and Niblack's
recent love for greenbacks. and
showed how PendIeton had
been slaughtered by Eastern
Democrats on account of his green
back policy. Eastern Democrats
wanted the bonds paid in gold
Western Democrats wanted them paid
in greenbaoks. showing that Democ
racy was one thing East, another
thing West, and not much Of anything
anywhere. [Laughter.l We wan
confidence aud stability in busi
ness, and can only have !
By a stable currency. he re
ferred to the recent decision of Chic
Justice Chase on the subject Of green
backs. which was antagonistic to tn
Peudleton theory. We propose TO g
on as we have done before-reduc
the debt regularly-and increase tn
value of greenbacks. He explained
the Funding bill. showing how By
we save $23. 100000 in interest aunu
ally. But not singl
Democrat in either Hous
voted for it. Nor could more tha
half dozen be induced to vote fo
r any of the wise measures passed /
the Republicans, and calculated t
tighten the burdens of the people
Their only platform is to oppos
] whatever the Republican party pro
+. pose. They propose no measures c
, their own.
Senator Morton also gave his atten
: tion to tho subject of taxes. By
: careful examination, he said, it woul
. be found that the men who bawle
the loudest about taxes were the me
4 who paid the least, many Of them pa
/ none at all Where Democrats, how
S ever, haYe the power to levy take
d they make them high enough. The
9 do not seem to be afraid of high take
It then. He referred to the recent al
:. sessment in this city, and gave one il
/. stance where Gov. Baker had bJ
e recently sold property at $13. 1000 o
e time, and yet the City Council, actin
% under oath. had assessed it at $17, ,0O
t, as fair cash value. The city deb
d too, had in brief space risen frol
e $500 600 or 100000 to $1,000
% and Democratic fuanciering was tt
y same everywhere. He next reviewe
n the condition of the national cred
l. when Lincoln was insugurate
u explained Cobb's easy nethc
IT of depicting the Treasury, ar
a FIoyd's ihpartiality in distri
n buting the public arms. L
Ie showed up the Democratic sophi
a tries and falsehoods relative to Il
Is taxes on farmers and the laboriI
rs classes, appealing to the farmers pr
70 sent, who corroberated his stat
A. ments. He Disseminated betwet
J. the National taxes and the Stat
Ie county and municipal taxes. T
10 then showed how the natio
E. al taxes had been reduc,
s. by Republican legislation $50, 900, ,0C
T. not a single Democratic Senator vC
Is ing for the measure, and but six Del
N ocratic Representatives, voting for
IN The direct tax had been reduces
9. leaving but six articles or items ta
It. ed, towit: whisky, tobacco and c
er gars. Net incomes over $1,000 at
er per cent, national banks, notes ov
a 500 and gas. The tariff had lal
IN been reduced $23. 100000, but eve
IS norooorat voted against the measu