The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1870-07-26
Speeeh ofH. CIaY GoodIng.

A Princeton correspondent sends
the following abstract of the speech
of Fl. @. Cooling, Esq, delivered il
that place on Saturday:
PRINCETON, Ind, July %, 1870.
Editors Journal
The meetin g here to-day was well
attended. Capt. Gooding opened the
campaign with an able and eloquent
speech of tW o hours length, In the
Court HOUSE Square. He first re-
viewed the a ADMINISTRATION Of the State
government, showing that it could
not have b cen better managed; in
fact even the fault finding Democrats
we're hushed and silent about the
management of the State government.
The debt inner tied from the Demo-
cratic adminisi :ration had been paid
off, and many costly and valuable
public buildings constructed and paid
for The State. free FUN debt, and
the necessary costly buildings paid
for, then would be a great reduction
of taxes for State purposes.
Democratic politicians talked loud
aud long about the national debt. and
charged it up against the Republi-
cans. The Captain said if there had
been no wal the debt would new
have existed. IF the Republicans
were wrong in suppressing the rebel
lion, then they were responsible for
the debt; If they were right, then the
men who began the war and the men
who prolonged 1t, we're responsible
for the national debt. He would not
say who they were, but leave voters
to Judge for themselves. The debt
exists, and was incurred to purchase
clothing, arms and food for our brave
SC ldiers-was incurred to prevent two
nationalities where o now exists.
The Democrats say the standing army
of thirty thousand is too large. liz
the debt had not been incurred the
standing army would have been FIVE
hundred thousand, as In France and
Prussia. The South would have had
q similar number, and the conse-
duences would have been constant
wrangling and wars between the two
nations.
The Democrats say they do not
mean to repudiate the national debt.
Why. then, should they be talking.
complaining and croaking about it?
They opposed funding it they claim
GuGH art uOb III AaNOA VI AGDuQl6NAuk
it. They must, then. intend to pay it,
done? One way is to tax the people
heavily till it is paid. This Captain
Gooding seriously opposed. Money
was worth to the people of the West
twelve per cent. and he opposed tax
ing from them money worth twelve
per cent. to pay the debt against them,
| -ESaL v~H11~ kk1 R~-lsH~ Iii -rN~I1
only draw at the highest figure. five
per cent. That would be bad fnan
ciering. Besides the principal of the
public debt may well be allowed to
stand for the present.
Thirty years from now the popula-
ton of the country would be one
hundred millions at the ordinary IN
crease, and the wealth of the country
would be much greater in proportion.
If forty millions of people with the
present wealth of the country
could easily pay the debt, how light
would 1t be to enc hundred millionsl
But, continued the Captain, the Dem
ocrats say it would be a h@rdship en-
Posterity gets the %accann-
IA wealth of all previous genera
LIONS a would certainly noT-UUm-
pam a. 50 Tht an incumbranee on
the estate. Il - old man should die,
! leaving an estate wollI twenty thou
sand dollars and an in6Sts3ness ri
one thousand dollars to he SON
would it be grateful in the young ian
to complain of his old father IN biz
{ grave because he did NOT pay off tn.
one thousand dollars before he died
The cases are parallel.
The Captain favored letting up
little upon the present payment o.
a that debt. He said the Democrat
, have another way of paying the debt
, the way the rebels adopted to carr.
. on the c~onfederacy; that was, to ISSUE
withoutregard to the demand of trade
millions of paper money, and with /
bnvinq bonds-it would make none!
!. PLENTY. Yes, said the Captain. plont.
: as confederate money In the South
during the war, and as worthless.
The plan was a sham a mere catcl
e to get votes, which ought not to receivl
Che serious approval OF any intell
!. GENT. honest man. The funding bill