, 1870-10-01

loot upon tnem., look upon them Is tie frtenis
ot .hs sulcier look n"G 4; snoss Cd S,sr9eacks,
US along through the var: They are yet afoat IN
what han been recehtiy aa.ss, that they shond uoi
bt legal tenders. sa}, let them remain legal
I tenheia until the lat Que u them = redeemed.
| asa tor any increased tssue Of thoEe 9feenhacks
| some Of the Republicans think there might be
ee ua r.
Saitena, i hsns Currency @ fox @ hen. Toefs ase
llow great aud how varying tus interests depcnd-
Ing nron It are. d. MT at present feel
and Of this government TO keep these preenbacIs
IT par after haviIs got them back there, and when
doas IL so and ssst g ~ we Is sssa io soaS 1st
rieaged as party 10 the maintenance Of the n.
t. s ute t. f ees tas no5e
| to Lc safe and sound currency for the Sountry.
EAYIss THE nt1I.colIEcIlsG IEcIlsG 1AxEs<
| lots Of IL and are we paying the national drbts
Yes. We aIe paving it 50 fast tnas Jou cannot Keep
,ae r,n m, orr; 1.s general Grant nas been esltens
| Of the national debt has heen PAID.
t11ss sse osen H. ofs. q
the same rs they were tWo years ago, unttl they
we're cnsnaet' this winter By a Republican Con-
HeN*N. ~ LIE uOulu8u1 t}25l. IfAnL2
ei8hty-seven millions ol dollars more than hal
neen collected In the eighteen mouths before snus
Time, under The yery eulne TAX 1Aws t1 the letter
-eiRAty-t"o millions or elgntv.seven millions Of
absolute Inoney collected and paid into the
dollar oi current expenses, pail ever dollar Of
interest, and paid OIL one hundred ald seventy
Eiillohs OF the national intercst-hea7taE
Ihe Interest upon the national let W.ss last yer
~ ali} 100, and, this year, The interest
0Nn the public debt will be less thaa sslS, co.,
aud When Mt Htt buck u q s2ecie basis We Wi
10 aomtfl1ng else.
FUNDING 1HE DEBT.
Jast loo1 Ut this matter fur lew moments a;l'l
SEE how The an 6tlnt 0: this naIonai delft .lw1ntilcs
when .ou co'Ec TO confront 1t lace to face. Brtns
Us back to srec1.. pay Mcnts, and We were ras,ly
ee'hg ihete ,a %hen the warrams. as sa'd hill:
traue and the laws Of conlnlerce-ta the govern
meIt promptly pay It's intsrest vu Its national
markets with s1,Noooo. oi oa,ie, @ ,isSs ana s
buy II oil. now drawing SIX per cent, or I've per
esnt-a ntl!e Of it-wish new bonds drawing
he done, gentlemen. the yesy moment We get back
~ sFeclc pSyneuis: With a full observance vi
an onf VI hat'nhM II ~ oahRations, VT suaA he enabled
to Frfuna this whole national debt, al fur per
cenr Interest, q less, That Will take OF nearly
81 Interest Take OF so ITO WU Of iutef-
est from what We pay now, anh it viii bring The
annlIat Interest down 10 ap,ut ssjaD,I Col S..ar
Instead II t1lstU,s01' ~ It viii ~ tins year. un.i
tlicn IA. onc peg Cent tIly OF the principal Of The
VIC pay the interest OUT ot the 1rea>ur, uSu that
one ter cent in nqnitsasing national bonls, buy-
bonds come Ito tha Treasurrr;s ul;ire inv. ns
the Secretary Of the Treasury redeem. tl.,s;
bHEd*, each ote Is recorded IN his beos, each
hn'l destroyed.
And so ycus By year the nat,oua. debt Is silm.n-
ishluG tna Mtl edntuue 10 10 50 rapidly according
~ our fath i Kept III the payment Ut our Interest
uron the ar:ouur, aad you auu aud nuEe ot Its
n III ever feel The busslen.
KEprC11uN or ExPESprrCHss
Mcnt7 Why, up tt The 3Itlt day II June. 1865. II
cDst S371, at,tLA to tuI. the government Or ihr
saytpr 1f I'D, tsu Il, Ihst 1psr e.ht nnrtha ~
Jonnstr, sl,t fur mnu;Ils OF Grant-s3ii. o.t)
tluw1 to s3sl, geo How WIS il W t6e 3sa ias
nf JuEu, 1s.uT II then puIy cost s:9s OtH, coo q,
Fup The ei1: Ir,{IDr every oliar ~ th
interest On lne public ticbt, nn pxylnv sverS nica
Whs, vii II Se On ~ t4 5 IT, m ,,5 nasro;e
-xs ,ear Of Keprllcsn caprsss so~ Vie ins ias 1
luudtrI aid i,yeaht m,ii,nns r. ,oi,,Ia q c,, oue
II ever Item ot sxIsnse. and to u run n. :sSU.
ua1iou. The interest upon the nattuusi .!ebt ios
Ills ytnr Will Le norf slls nv, .aI ~ ~. s,f,1
10 ,haf. Now aid s1ls sIn;;tI, an S,ss IN, nn,
an'l you hare what fne Total xpense vii be 70:
is scI W. M, tn i u, a ~, * tS,; ,ant ssa1
trut If tie H., ncs n%rsr ;nIar .Ia' IL an anG -
nutIic serrans fern 1.r ~. r. tn ~.
fhe administration has silt to cu1iaii It, rxrens.
Ne har.. mn ~ rnn III th, "a .'a,r,rr
@ snsaPssr Es " ss got to cot eseE dollar
in thr co cii.,, n ths rrr.,, s,,., M'es a.n
lave earrfui approximations ,u.ss S our nn,ia.a,
CON. s., Hal he nv ,",,nr %a,, - ~; ~,
down 10 she rerr rheanst Hin1 -, EnTn ~, - @ ea..
run II. unti nnT the eyn.nG,inrcs Thn n": ~
viii kupnort It su,i sustain II tinir shnw ,b' MS
Pie that tie taxes tacs AZ; nay11 ,.r. riohf",s
aDurpr.sfc,s nnl nyn4rL..d wi ~ ~ t'a
nisD Is tint the ieorle viii make no fss, anu1
i, a,il that they wtit BE- wiiipg 10 nav tse nac.
''''-">F4
nT,rx,,r
But the whoe sfsism q 9tA9n intn2na, sara,,on IL
i gone Wy tax nov nothing
pn ~'4e Lopareo, an snan With tax
t ~. noal ~ coaect-she chcaTest Tux levicsl on
iHe sftpna Treesnrr nr M ~ 4 maae na' ana soll at
scas1Mi n =, saa A. nreu incomes ahu 1nat coytts the
nnn.sa, ~ ~. nar1r esaes todar And y: the
ng f tat.y r. Sopain y! ~ mat w al
,:1,, s.S i1i1g @ @5sats. And noT thar We have |
1,cht aonSS ant tn's sa2 9etTa a 'axato3 sy tuin
' fon oasat 81 u lsa!e y
IL !1a ~ aoa aie not ia!r abouf T. They c.,n-
nnU ~ t-a RasseG 1net9: and t6eJ complain
ten;s Il, nae 4eprslteaa patty ~
St, ~ f,m.. u,.s ~ va esi, a." N.Y. ue;sss inotc.
ihrse ;e1ne - ~, t aqa1 enntinus 20 remgvr
reet 10 10 II
Then cores thc ,a.iis Hh'. na9u.nkn ,.,,
psnt st say "a lev .ofs Ths Ien Rspu,'ilssn Mnssn
fdS.kn nt7,tt.r Iyrl&.
rn1,,,i ~ o ,sa ah,s mi.A nashs been sEe.
tie xborinr sn e Ens af ~, an! ,a,,,s Interests Of
ills ian. f,a,n mn. e = ~ any 1a o1ha ~ oySr
rsa ,nsstiss whe.e millions npon millions Of
.e.. 1ann ~ "nesc ihtkt Is employed the
,,f7.,,t t,iat ~ tue 'nonsahns UPON thulsans cf
,, u.neasnt ~ sAem employ Inents That give suprott
;Thc R.nn.i,.e ..nt4 ~ uat Hnot WoiNaG people.
srnns,r ~ i.i i,aist .uhlne ~ oser ms GOV
cnn.1I.s1 I1s 10 ~ ee1 nua .! every interest," u PC
Wnrttnu mar ,o- ,S csi,, tne .Ap9i12 man. 1he
;hs uSs,ae sI iss Ut rh,s a sSt allan GU MAKE
1,.ae u,a -n11t mteFesIs: onl these tariff
fhn wrr ,v,aria iasasl, !eas y year. As
.1eae ns ~ %aa M, rsegaessea' ' ths G!lH was iu-
,, !. -. aaa nefeases, as necessity seqalrcI IT,
WV - a W. ,na ~ ~ ~ ptss5 nleh ssanoaFs, and
hirn hsvs % cnna rs r. tamt , n.aae tn;t IailH go
Ysapsc y aaat aha. 'asa ought u be brought down
~ ra,uof ~, az s - Sa :, " Wiz sa1sty: lCheeIs
M r. nment nm Iii a. a. t. LOT, w w teAeSt
ti,fIsr, IT tbn ,,ir " W. s!, aas thtec
nts;or, ~ II, a.' .1 q Ma3 ihstsseu IN man.
u.ns'ofnn @ t, an oseL 9ne ecnhtf7- Thts capital
~ .h.r a4,..ei eaoe1 ,,t tness ta1sH laws
s.s,, as I'e! eAis!ca. Then let Us not
IL ,,s mn - .+ i Atn ~, uy"u ~ t9o snd.!en5
s,ati EeIe to-t.aF ali ovnT thr Sitn Gt n ~. ~
uoor fbr int,nsfr1eu mi aHa 'a.lttess
country, that, Is necessities aud sS,renci.o tner
rising scale IL The ta1iG. So Is thnse nrcfss1sis
rot abrGptlg annny AMI 1,it MI nirE.,ti ~ n.h
fc1e vim capltai nndcr thnse fn,z ,nar
must nakr In ,heir minis Tia, .tay 6.r -, ,ne1
The people Of The Wrster1, sfa, a,..I1 ~; =. ,t
Woe uhor, say mat there must ae tsnG fot
fainsrial!y ana chi! IS. to ",S isve1se. wv II
sss{ @ r., a:ts5 tas Ra!n:shaaee q
tnnT ts nu. ~ ~ aalntnx anl distributing 1nss
ccme f,tn II ~ m ,nctsntai e, , p.ott,on sna!'