The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1870-07-30
STATE DEBT PAID.


In reply to our article on the
mournful wailiDgs of the Cam
bridge CAieftain, about tue terrible
debt hanging over our country,
that is being speedily reduced I'M
der Republican rule, that paper
thus speaks Of the liquidation of
our State debt: u
How was it accomplished Was it BY
Radical economy virtue so much boosted
CT but SO little practiced by Radical officials?
Or was it BY persevering taxation? Assured
Iy the latter, for the taxes of Indiana are as
onerous to-day as they were when we we're IN
debt"
Our contemporary of the Cam
bridge CAietiain, does not relish
the quotation we made from the
State Journal relative to paying
off the State debt--regarding 1t as
''poor authority" To a man de-
termined not to be convinced. al
most anything in the way Of proof
would so receive his condemna
ton The cry raised about 'ex-
horbitant taxes" by Democratic
editors, will fail to accomplish the
desired end, as in the present in
stance, when the debt is wiped
out So far as the State debt is
concerned, the wall of tex horbi-
tant taxes" is too late, even for
electioneeriDg purposes-the PEG
pie will not be frie htened after the
end sought to be effected by the
levy OF even onerous tax has been
mplished-results will only
be looked to-what q man, or o
party does is the thing. The bur-
then, then, having been removed
from the back of the State by a
resort to taxation, that has GER
tainly not been so frightfully Eek
horbitant,' or the people would
not have submitted to it, the re is
no further necessity for kee ping it
up hence, we see our authorities
reducing the taxes, both State and
County. In our own county of
Wayne, the taxes are five cents
less this year, and five cents less
for State purposes; and if the
thirty cents now levied ale prompt
ly paid, in addition to our bel owed
States being out of debt, as she
new is, our glorious old county
will not owe one dollar. Think of
that, Mr.. Chieftain, and quit your
miserable croaking about 'sexhor-
bitant taxes"
In addition to what we have
already said, we quote from the
Madison Courier. which we COM
mend to the careful consideration
of the editor of the Chieftain, as
throwing some light on the efforts
of the Democratic party, in the
past, in paying off the State in
debtedness, and beautiful scheme
to add to her burdens in the fu-
ture, provided that same destruc-
tive democratic" party again gets
into power. The Courier says:
50 We know of no indebtedness paid by the
Democrats unless the composition made years
ago with the States creditors, by which the
Erie cana the canal property and the lands
given by Congress to aid the State to com
plete the work, were given for one half of the
debt the State could not pay the in crest on
when due, can be called payment. Even
that Is pretext as it is nov charged that
the party wants the State to paw to the stock
holders of the canal the other half Of the
debt. Judge Perkins. an Of and honored
Democrat, who stood high in the Democratic
party, and welded large influence up to the
time he preferred country to party, SAYS in
substance, that lie knows there is scheme
Democratic scheme, to compel the State to
take back the canal, without the lands and
other property originally given to the canal
company, and to pay the halt of the debt the
people have for more than twenty wears be-
iieved to have been paid by the con summated
terms OF the composition"
In addition to the above, from
the Courier, we respectfully refer
our Democratic contemporary to IN
article headed, "Tax and Tariff"
on our first page of to days issue
He will therein find that the Re
publican party have reduced the
taxes about Eighty Millions. The
burdens Of the people are growing
gradually less under the economi-
cal Republican administration OF
General Grant, and they do not
want change,-especially from
the Republican party, that carried
the nation through such imminent
perils to its life, 10 the Democratic
party that is so clearly responsible
for the public debt-the war and
all its multiplicity of horrors