New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-08-30
THE POLITICAL SITUATION.
Sneaker Rsaine's Letter Of Acceptance
to the Republicans of the Third Maine
Conversational District.
Dol Ap,o

to the Republicans Of the Third Maine
Congressional District.
| From the Baltimore American.
| Hon. James G. Blaine, in accepting the
| denomination for Representative to Con-
| gress in the Third District, has written a
| letter, presenting in an able and forclDle
manner the principles aud progress OF the
Republican party during Grants adhlhiS
| tration, of which the following abstract VIII
! be of interest
| Durino the seventeen months of Grant
| the public debt has been reduced from
s., ,525 463, 800 to s., 1865, ,324 461 (August u
| Sl56. I3s, ,7S4, over SlOO,O00,O00 per annum
| During the seventeen months preceding
| Grant. under the johnson dynasty, the pub
| lie debt was increased $50, VH. YET un-
| der Grant the taxes have been reduced;
first. showing greater efficiency and honesty
! in the collection of the revenue, and second,
| the disbursement of money with greater
| care and fidelity. Contrasting the two pc
| riods. we see the difference to the Treasury
in favor of Grant of SlS6,OOU,0o0, about
! $1l .O00. 900 per month
| The Democracy had the President, but "a
! Republican Congress restrained that :. Ia
| mons party from, further mischief. What
! would they not have done and do II they
! had full sway!
| Mr. Blaine proceeded, in his caustic way,
| to review the evil deeds OF the Democracy
| and its catering to the Southern idea OF re-
| pudiation.
The Republican party is opposed to high
| taxation. Had the high rates exlstant at
the close of the war been retained, the pro-
duct would have exceeded S500,0OO,0ho be-
sides 500, ,OOO, 600 from imports lin gold.
| Under Grant thus the public debt would
he extinguished 1t would, however, have
! been oppressive and unjust to the present
| generation.
At every session since the war closed
| CONGRESS- has reduced taxation by tens of
| millions Duties on tea, coffee and sugar
have been largely reduced, and the free list
greatly extended. The internal revenue
| taxes have been swept away so clean, that
| of the enormous list imposed by the neces-
| sity of war, only the following remain:
| Tax on spirituous, vinous and malt liquors.
| Tax ON tobacco and cigars.
Tax on income.
Tax on national banks.
| Tax on gas.
Stamp tax.
No one. Democrat or Republican, can find
| an easier mode, a smaller list, to raise the
| Sl25. .OOO. 900 needed Thes Republican party
| are in favor of reducing the rate of IN
terest on the public debt, thereby saving
millions TO the people. Mr.. Blaine refers
| to the magnificent resources OF the cOlln-
| try and their enlarged prospect of de-
yelopment, Let the entire debt be
| funded at four or four and a half per cent
| The total bonded debt will soon be reduced
| to s2OQO!O00, 600 The expenses for the
| current year are reduced over last year
| sos 3l5. .426 30 exclusive of the interest on
the public debt, and pensions to the manned
soldiers, and the families of the deceased
veterans. For similar objects, under Bu-
chanan. when the Democracy We're III full
| power the same objects cost over S1o,0uU,-
| 600 per annum in gOld-equiva alent to SS5,
| 0O0.000 in paper to-day. The population OF
the country then was less than 300Oo,OOo.
and now it is 40.00G00Q. Thus President
| Grant would be entitled, by a ratio that has
! ALWAYS governed expenditures i'll this coun-
try to spend third more in the admins
| tration of the government than was required
| under Buchanan, bringing the sum total to
! STA 900, 600 when in reality it is only Sl05,-
| 00O, 600. The details of expenditure i'll the
two periods show immensely i'll favor OF
| President Grants economy.
| Under President Buchanan the army con-
sisted of nineteen regiments, costing for four
| wears an average of over 81 ,00O,0OO per
wear, more than Sl,900000 per annum i'll
gold, or about 81 100000 in paper money of
| to-day for each regiment. The army at
present consists OF forty regiments, and yet
| its whole maintenance for the year cests but
$21 100000, a trihe over 100000 in paper
| money to each regiment. This same honesty
and economy is shown in all other branches
| of the government. all the more praise
worthy and honorable in view of the large
amounts expended.
The FOrty-trst Congress is praised for its
J work in tightening the burdens of the people,
| the Democrats i'll the Senate and House re-
sisting it and voting in solid phalanx,
against the bill making reduction of duties
on tea, coffee and sugar, and whereby a
| large free list was added to the tariff and
I of ;,tar faya
| moved They also voted against the bill
which proposes to fund the public debt
and reduce the interest to four per cent, and
| thus immensely decrease the annual charge
upon the peoble. With few exceptions they
| voted against the bill which gives the West
| and South a fair proportion OF banking cap
| ital, and which, in specie basis, makes the
| engage in it, as by right and justice it ought
Ito be. These few instances show the whole
! animus of the party.
Mr.. Blaine eulogizes the Republican party
| for its glorious record. 1t is now IN its tenth
year of power. He traces its career from
| LincoIn's first Inauguration down to the
present hour, being severely caustic on
| Buchanan's Cabinet. Cobb, Floyd, TOucey
| & Co are handled without gloves.
| In conclusion he says:
! The most gigantic of rebellions has been
| crushed: the great evil of slavery has been
| extirpated; the national credit has been re-
| vived and the national faith maintained !;
| great public works have been prosecuted to
! completion the continent has been spanned
| with telegraphic wires the two oceans
| have been connected with iron bonds; our
| entire domain is organized with civil gov
| eInment; new States of wealth and power
| have been added to the Union, and old
| States purified as if by fire from the faint of
| treason, have been reconstructed and once
| more clothed with their appropriate powers
And all these results have been achieved
not only without the aid but against the eff
forts of the Democratic party.
A political organization of such respect
able antecedents as the Federal party was
utterly destroyed by the suspicion that in
the hour of war its sympathies were not
actively on the side of the country. How
much more deserving of reproach and con-
demnation is the Democratic party, which
through its Southern wing actually made
war upon the government, while the North
ern wing was divided between actual SYM
pathy with the rebels, and tardy support of
the national authorities. 1t is not wise, l
know, to keep alive anlmOslties or lnf1ame
resentments, and do not recall these pain
ful facts with any such desire, or any such
purpose. But l am persuaded that great
| evils would result to this country by re-
storing to power the men who attempted to
destroy 1t, and | believe it is an Imperative
and patriotic duty to keep the people
aroused to the necessity of averting even
the possibility of such disaster.
SUCCESSION OF THE LATE HENRY D.
SToNE.-Messrs. Nash & Hodgson, auction
eers, sell for the succession of Henry D.