The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1870-02-24
YAxaEsr OF rHE FUBL1O DEBr.
q 9For tae5 I,ep,ocrst,cs Press.li - . 10

/ -fTis1 ,fFor tho Democratic Press.I - ii}Toi
CAT the risk of being thought wild
oEiiiusiveaI wish to advocate in D
ahaFt artieles q plan for paying the
national debtthat has frequently been.
bfoached2s8nd; aSi often abandoned.
Akithss time the war. broke out the;
g6vernmeuti had some of the old stock
/ Iofb Democratic gold and offered its
soidiegs 50 Copper 1nonth-=they were
obtained for that. /, The war went on,
Contrasts and corruption became the
ender.a The ApHRtihg machineP was
caIiad iito1reqsiisitioh, treasury notes
wefe issued and the soidiers paid
Il$16 Copper month"; Butipeople began
to have bnt little faith in q govern
ment so corrupt and its money steadi-
~ depreciated. Soldiers, in addition,
to their pay required bonnties which
ranged during the last years Of the
war from $500 to, as many thousands.
Gassne&eks ,weTe were scattered with ). 5
Lavish hand BY every ,oofRcae-hold derra II and an
our expenses reached as high as three
milton per day. Finally, : when g green
backs Were worth but 70 cents on the,
dollar, the bonds which now connsti-
tute the bulk Of our great debt, were
placed UPON the market. They. were
Bought Up y by every .l. one, ne who held.
g1rrs enbacks 70 inyest-they were paid
fog ii money worth aic 10 cents, and no no
more - Rsdical philanthropiists may
cite heart-brotk,ean. tk,a " widows who sold
their hornesfeads to invest in 'ga govern
ment securities" just as much as they
choose, If people sold anything in n
those days-be II crops, io stock OF home T.
stsads, they realized fabulous prices
thesy; sold knowing that they would.
receive money worth but 10 cents cents
This money them, obtained in what
evsr way il. IT may rf have bsein92w whethear'
ron rom the sale of property, from fat
contracts 81 more direct Official steal.
ing was invested iii bonds. Now If
tKs .hext day affer the loan had been ,en'
ehscted, the war had been stopped,
wo1id their cridftors have felt them z
ssives injured II the government had
returned them their greenbacEs !?
Wpaldt tlleY,Hp have; been perfectly
satisfied if instead Of their uerthes
had received fonr-tenths as, much.
gold They certainly would not have!
been yropged; that,was allItheN gaHs
for ri,lhlfe the paper, and all they should re-
ceiyev No more Uould, Il they abs
wrenged By sqch q course new than
thsn. n Let EFeenbacks be redeemed asi
they fHers given 40 cents oa1the'
dollsri let the government psyIi in
gold just what it realized frem 1.-THE,
ssie of them. Let.bonds be redeemed
in the same manner and if men will
whine because they have 4rsceivAd
thnir owniyith usurys let them whines
TM the New y York narketsE skies of 81
are worth 81 cents in gold and ihave
drawn gold interest on o greenback
Z
principal ever since they were, ,issued!
IA very paying investment indeed for
the patriotic bondholderl 81 There is
S5Ss aSm;,a no tha1n At tt,,. nar n gyold Bond-
hnISsIss and ig,,o,Sy.srn .n.nt ,5sS hoth a.
we'll understand this. The, people,
| have. the f,,li amount of faxee that they
s+s ., ana III 3n,sv aSSd tbey5ssTv bIs5 fTlo5Ta
,,iany1 19sssnS a2;f bas ba,ann m, ,T,5fss;bl,s,
ScS,iii S;tRsS fRsI,;hii;;ssn sI 5esn55nt;;,s.
III 1gES il -. 1,
Ths.s -. :, .hau,enss @ 8, I
LII III e. c. 2ql l.Iidi .as -
.a1,s.sasys asM Iyls ~ & 49, az ss
5sdS.. .slss, la -; 80,
~ ~ yIst'iSs q IL sIS se1.
~ ysl' IL zIsfSss.s.is ~ ] ,ar,a j. go =
III III asSssIssss s Yi,i,i III fol =
! x Ep..sIsld d lag,asA s.aaanI q. a4as
ssstiiI. III ai asttfastS.safl,, saSA @ sYol y
iins " soy WIN onsio0A !sS .its,
ns sidly ny Psre pFlnclpsl l appil ana i Icy me az
syRd OF .aoijGsyno3 EaHoiiaifAfsiao
-ah aaa5III,Ilg.-gsIdss,g-i9. GoS1sanp Of
10 n1moa -lS9Ia1 sd % bob
On Ihursdag last ludiereus occur
repca happened IN the Eighth WARD,
AP9Ht 9llf s,Yo oIclockk A, n a an old hoESe
long geondemned To- the lender msreieYs fYs
Of the fat boiler. broke loose from the,
stable Of his owner, Mr, Brappel, of