The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1870-03-24
CoNardly RepuGiation and Per
C5tu1i Slavery.

w ~ S(- 49, AtS JlAN>i<tS1OA S1-Ill 81
C7tU2I Slavery.
The Federal Congress is Just now pre-
tendedly very much engaged IN the discus
son OF SHAT Is termed the public debt, but
which l. really nothing more or less than q
debt created ty the Republican party dur
ing their administration Ut the Government
Tor the sole purpose OF continuing that par
~ III power. That debt amounts TO good
many millions Of dollars, anu the trouble OF
Congress Is 10 devise soue means 20 per
pe,Hate 1t, that /, may he an endless profit
to the bcuih1lde. aud continuous SHACK lie
upon the labor OF tax payers
The pass Of the party, which does not
understand the schemes and tricks of the
leaders who have go long deceived them,
have been made to believe il was their in
tenuon 10 have the debt paid a. rapidly as
possible, anu the Secretary of the Treasury
has specuated III about hundred thou
sand dollars, worth Of the bonds to that
end and thereu2on loudly proclaimed re-
ductiOn.
Al the while this has been going on to
satisfy the c.an!or .! the people, committees
and caucuSes of Republican leaders have
been busy concoctlng schemes to satisfy the
demands OF capita lists who hold the bonds
which the Rump Government iss ued during
the war.
These bonds they don't wan, paid.
They are considered the bes, security
They are not taxed.
J They draw six per cent. interest in gold,
which is much better than mortgage on real
estate, railroad, or manufacturing stock,
upon which taxes have 70 be paid.
7 These bonds are mortgages upon the
n ia M nt ha i
more OF those earnings go to the bondhold-
er inan to the lab0rer' family. The bond
holder has Aothing to DO. dis family is
well clothed, and surrounded with all im-
aglnable luxury which the hard earned
money OF the tax payer could buy, and the
family OF that tax payer is suffering for the
very necessarles Of life.
/ The bOndhoder has FIVE hundred thou
sand dollars Invested IN bonds. lie does
not pay q cent Of t0Eest
! The farmers has a few hundred dollars,
worth OF land, or the mechanic has little
home, but both OF these are compelled to
pay taxes; the expenses OF the Govern
ment and the supporting of the bondhold =
Ing masses tall upon the working ueopie,
because the boadholder does not puy tures
With this condition OF things-with laws
assed by Republican Congress which
compeiS the poor TO support the rlch-ls it
any wonder we find the Repuotcau politi
clans, who are owned by the boudholders,
seeking 10 perpctuate this intamy upon the
worklngmen Of this country down to other
generations.
Now comes The Funding bill
1t Is confessed by leading Republicans
that they DO not propose 10 provide for
paying the debt which they have contracted
for party purposes, but will cast a portion
OF 1t upon the shoulders of the next gen
Grafton.
Ihts is repudiation !!
Ii Is not square and homes, reputation,
such as would BRING relief and freedom 10
the toihng taxpayers but 1t is such repulia-
ton a. Will damn these who perpetrate il,
and II successful, will onIy ems ave the work
lngman fer years.
v hat benefits have those who will sue
coed the present generation had from this
debt, that they are to be cursed with its
weight upon their shoulders? What
right has the party which created this ia
fanny TO attempt 70 make Others pay il?
The Inception Of this tund;'ag Ill. is i'm
/ ply a maStcrn,lcc Of cUwqrdice. entirely
"o!lhI Ui Iaose who were vile AID sou!cs,
enough 10 visit this country with 4 most
The dominant party desires 10 get rid OF the
/ payment {. q portion Of this debt, Why don t
they come braycly forward! with PROPOSE
ton tor square reputation, and thus re-.
ileve al who are burdgnel with it, and
/ pat tie country again III g prosperous
condition. Tree ifOnI tAls Infamous taxation!
hey have 10 intention OF doing this
! L hey design making the bonds a source OF
! perpetual wealth TO themselves, aud Der
petual weight to the laborln< man. They
| want the constant recelpt OF gold interest,
and then 10 make II an inheritance 10 their
children, and leave the country shacklcd as
1t Is now >hack led.
We dF! not Inherit from those who
fought ana gained the independence OF the
States auy Cumbersome debt. They give
Us tree States and broad acres Now We
haye few acres and bound States, with a
debt that viii weigh upon the industry oi
the people, that will retaro and GRIPPE in
ternai improvements duiing years to come,
unless by one bold stroke The people shall
wipe 1t cut OF existence.
hat species Of inheritance is this TO
pass down to our children Shall we co
less b. them than our fathers dli by US
Gould We not even retain the epeudence,
OF the States and the rights of the people
! as we'll as the dignity OF government, viii CHI
were given to u. IN perspective by our
fathers?
Ii We do not this we are unworthy the
name OF Americans, and do openly insult
the MANS of pa.riots.-N. T. Democrat
PRETTY COOP IF TRUE-The following