Wyandot County Republican. [volume] (Upper Sandusky, Ohio) 1869-1903, 1870-09-30
intelligent and influential democrat:


hope the Democratic State Commit
tee will keep him continually EN-.
ployed, forthey are welcome to al
converts lie can make. Was ht
sober?
Senator Thurman was next intro
duced. He took up the question oI
states rights, national debt, &c
The Senator is o man of talent ant
ready debator and it is to be re-
GREETED that he applies his great tai
eat to such bad services. lie made
no reference TO his course during tht
war, said nothing in regard to the
18th Amendment and was very eau
ious not to tell his audience tha
he voted for the retention of tht
franking abuse and the abolition o.
the income tax.
He reiterated substantially wha
he recently said at Cincinnati in re
gard to the national debt, to whicl
Hon. Job E. Stevenson replies:
But there is another work before
US which is not yet done. That is
the disposition of the question oil
finance. Upon that we have, how
ever, made good beginning. Ii
seventeen months, / believe it is
since Ulysses S. Grant the Silent sal
down in the Presidential chair, his
administrator has paid of the public
debt, now, about 75,00O,OO0
Applause. In round numbers, on
the 1st day of September (ofthe pre-
sent month it was about SlT0, 0,000.-
600. We are rrnning at the rate OF
nearly half :, million a day, so that
you see it is over S175,000,000 Il
now and at this rate, which is paid,
according to my calculations, abat
ing the interest as you run, in about
fifteen years. The interest alone
of what is already paid now amounts
to abont SO, 600 year, in gold,
saved perpetually, until the debt is
obliterated.
This is what we are doing, and
yet the Senator who represents the
off side ofOhio in Senate of the Uni
ted States was here the other even
ing speaking to the Young Demo
cracy, and telling them that because
we had proposed to fund $1,000, ,000,-
900 of this debt, payable thirty year
hence, they, the Young Den ocracy,
would never live to see it paid
Either he must have forgotten how
young and perennial they were, or
he must have sadly remembered how
old and decayed he was. And yet.
anxious as we all are to see the day,
and / hope to live to see it. and
know, my young Democratic friends,
many of them will live to see it,
Senator Thurman does not under
stand the strength of their constitu
tons as well as 1 do. We shall all
live to see that debt paid, [ hope
If we do not, we shall die before our
time; l mean all of us young men,
If you just let the present taxes
alone, they will pay it in fifteen
years.
You may ask me, then, why do we
reduce these taxes ? Why do we not
let them alone? l say that we have
preserved this nation at countless
cost of blood and treasure, not only
for ourselves, but for our children
and our children's children, to til e
last 'syllable Of recorded time"
Appluse. And we do not propose
to bear all the burden Of the cost.
But we purpose to fund this debt, a
great part it and let it go over twen-
ty or thirty years, and let this rich,
and prosperous, and glorious re
pnblic of that dept pay itand not
feel it. Cheers.
The same Senator told US that in
thirty years the people of this re
public would number a hundred
millions. This is Senator Thurmans'
testimony and l believe it. A hun
dred millions citizens Of this great
republic Can not they afford to pay
a part of that debt? 1t seems so to
me- for when they have a hundred
million, they will have hundred
millions of money. Therefore, we
have reduced taxes, and l, for one,
humble as l am, would not willing
ly reliuquish the homer Of the part
had in that work. [Appluse. We
reduced the burden of the peoples
taxes $S0.000.000 per annum, and
yet we SHALL have q surplus, and we
can pay twenty or thirty millions a
year, and support the Government.
| want to say just this about that
mearure of reduction. Some may
complain that taxes were remitted
here, and were not RENTED there :.
Others may think that some other
arrangement would have been better.
| have TO answer that we who, in
Congress, resolved upou reduction,
resolved at the same time to strike
where we could, and strike on until
we struck off enough. I myself
would have preferred some other ar
rangements, but you nave to take
things sometimes as you can get
them. and if you get enough you
should be satisfied.
So we have made this reduction.
And what is the state of the finan-
ees +? The receipts are increasing, the
debt decreasing, the expenses de
creasing the account running well
both ways. The people ought to
be satisfied Hereafter, it will he
our task to remodel the, laws levy
ing taxes on the people, and SO to