The Placer herald., 1870-01-08
THE REPUDIATORS-WHO ARE THEY.

There are two classes Of publicly pro-
claimed repudia,ors in the United States
One class Of repudiators embrace within its
ranks nearly all the extremely wealthy men
and associations Of the country, the pur-
chased and sudsidissd press Of The country,
The crumb galberers who blow and strike for
their employers, The extremely loyal cusses
who wish 10 keep in with the above parties,
in order to get positions where they can
steal aud rob The public, and the ignorant
and brainless, whose powers Of conception
never reached the stand point Of Justice and
equity. This Heterogeneous mass, governed
and swayed by talent, money, rascality and
bypocricy numbers nearly one half Of the
voters Of the United States. The leaders,
blowers and strikers Of this rogueish, rascal
y party, are the first to shout rspudiator,
when themselves stepped in the doctrines
and practices Of the basest and most wicked
Of all reputation schemes. The word re-
pudlats means simply to cast awsy, discard,
disregard. the open violation OF. a counter
act. etc. On February 25lh and July llth
1862. and March 3rd. 1868, Congress pass
ed three several acts, providing for the i,su'
ing Of Misunderstanding greenbaeks, and
making them II legal tender in the payment
Of all debts, public and pirate, except in
terest on The public debt, and duties on
imports. Since the passage Of these legal
tender acts, there has been issued and now
outstanding and unpaid, Sl,6o2 ,6llloo Of
five-iwen'y bonds, which are payable 10
these non.nterest.b bearing legal tender notes
This is The contract the government made
with the bo lders OF these five.lwenly bonds
ard it is binding upon The bond-bolder, and
repudaing solemn contract for the gov
ernnent TO attempt 10 pay in any other or
different kind Of money. 1t is reputation
carrying with it the robbery ofths taxpayers
OF the country, TO the extent Of some $780,
0o0,0 900 in gold coin. Reputation in any
form should render the actors odious 10 sight
of all honest men, but the reputation of a
solemn contract, where it involves the rob
berry OF the poor toiing taxpayers of the
country out Of hundreds OF millions Of dol
lara, TO be paid over to the wealthy, who
have not a shadow Of claim, either in law,
justice or equity, TO dollar Of the money,
is the most dam ming, wicked and Disgrace
ful of all forms Of reputation that ever
entered the brain OF man or fouod an
advocate in any country. The government
acts in 6diciary capacity on this national
debt question. being the trustee Of the pso-
pie TO receive and pay over to the bondhol.
der The currency due him under tho con-
tract, and when it violates the trust i'm posed
either TO The advantage or injury Of either, the
taxpayer or government creditor, it is a re-
pudiator, and becomes the robber OF ore or
the other of these parties. These are self
evident and undeniable facts. Tho govern
ment has not dollar nor never had one
sxcep, as the trustee OF The people. The
deed of trust under which it acts, (bs Con-
stilion,) is specific, limiting its powers in
these words: The powers not delegated 10
the United States by the Constitution, nor
prohibited by it to the States, are reserved
to the States respectively, or to the people"
The contract made in behalf of the people
by the Government under this power Of al
torney, With the government creditor was
specific, and to do snict Justice TO the tax.
payer and bondbolder, must be compiled
with to TIE letter. What is this contract
Here it is printed in plain and unmistakabls
language on the back of every legal tender
note, and any man can take one, turn
it over and read it for himself Omitted
States Of America. This note is legal TEN,
der for all debts public and private, excep,
duties on imports and interest on the public
debt, and is receivable in payment of all loans
made to The United States" This is The
| positive specific and undsniabls contract
made by the government between the tax
payer and the bondboder, and the violation
of this contract, as we said above, 10 repu.
dia,ion in its viIest and most dishonest form.
aud he who advocates it is repudiator and
unworthy OF being trusted either in a public
or pirate capacity. Then all loans m ado to
the United States snce the 25,h day of
February 1862 are by this specific contract
pay able in non interest bearing legal tender
notes and the parties making the loans
and the purchasers Of the bonds subsequent
ly, accepted the conditions Of the contract
with a full knowledge that the bonds were
payable in legal tenders. Then there are no
innocent purchasers To the faithful COM
pliance with this contract the Democracy
of the United States are pledged by their
National Convention, bsd in New York oity
on the 4lh day Of July, 1868, in which the
whole party from every State in the Onion