The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1870-09-01

W tue ulCaWDer family In the lnan-
cial line. Putting the redeemed
bonds of the State again on the mar
ket,and selling them-without author
lty OF the law-to raise funds TO pay
the salaries of these hopeful officials,
and TO pay the interest on the other
bonds OutstandiDgl
Was not this turning something up
with O vengeance2 And yet these
men are to day the bowling cham
pIons of financial reform. No won
der that such fnanciers are in favor
OF issuing fourteen or fifteen hundred
millions Of nOn-interest bearin green
oacks and rendering them TO our
creditors for like amount of inter
est bearing bonds Surely, if mod
ern confederate Democrat cannot lift
himself up by the straps of his boots,
no one else need try the experiment.
But the cream Of the joke has not
yet been related. 1 have given you 10
understand that, after eight years of
nnanclal labor. the Democracy, In
1898, had actually succeeded Ia taking
up State Stocks to the amount of
1891 $40 90; and that they then put
these same stocks on the market and
SOLD them to procure funds to carry
on the State Government, and pay the
interest on the bonded debt of the
state, but have not tjld you what
SUN THESE stocks were sold for.
now Inform you that these stocks,
amounting to 1891, S10,-on some Of
which, interest had run from Jauu-
airy TO April, and others from july
to October,-were sold for the mag.
nificent sum of 1867 l0l 97l
For the proof, refer you to the
same Documentary journal, page 70,
and to the records Of the Treasurer
office to show that a part were sold ia
April and the rest 10 October.
The Republicans have, after paying
interest on them for some ten years,
again redeemed these same stocks By
paying par for them; and we promise
you that they shall stay redeemed his
time, unless you entrust them TO Demo-
cratic Of6cisls. 10 which case you had
better take out policy against acci-
dents!
ENLARGEMENT OF BENEVOLENT AND
OTHER STATE INSTITUTIONS.
In addition to reducing the iiabili.
ties of the State, nearly nine and a
half millions of dollars, and placing
the comparatively small amount still
outstanding in such condition that
it practically amounts to no debt al
all-for we owe it to ourselves, and
the interest we pay on it is expended
in the education oil our own children
| the Republicans, since 1861, have ex.
pended more than a million Of dol
lars in increasing the number and en-
largiDg the capacities of your benevO-
! lent institutions; In building Reform
atories and other State Buildings, and
! in the construction and completion OF
the Northern Prison.
The Democrats turned a deaf ear
to the command Of the Constitution
which says the General Assembly
shall provide Houses OF Refuge for
! juvenile offenders; but we have exc
cuted it by provided an institution at
Plainfeld, which now shelters nearly
| two hundred boys, most of whom
would. but for its saving influence,
grow up to become a terror to the
lovers of good order, and ulcers upon
the body polite.
We have provided the Soldiers and
Seamen's Home at knightstOwn, in
which more than three hundred sol
diers and soldiers orphans are cared
for and educated by the bounty of the
State.
We have provided the State Nor
NAL School at Terre Haute, which /
! predict will ere long he the Gro WING
glory Of our system of popular educa-
! ton; and we have, by liberal appro-
priations, placed the State University
10 position far in advance of any
thing it ever knew under Democratic
rule, and we are now erecting a Re
foTmatory for Women and Girls,
which will soon relieve the State from
the terrible odinm of sending women
to the penitentiary.
We have doubled the capacity OF
the Hospital for the Insane; enlarged
the Institution for the Deafand Dumb,
and erected a suitable building for
the State Offices and Supreme Court,
aud all this without the suspicion Of
a fraud in the contracts or disburse-
ments.
Of course the current expenses Of
these new institutions, aud Of the old
ones enlarged, and the increased cost
of supplies and subsistence over the
last Democratic decade. has made a
corresponding increase in the public !
expenditures; but thanks TO the good |
sense and publ virtue Of the people |
Of Indiana, they do not object 10 any
increased burden which the progress |
of the og9 may demand, prOgtdcd the |
proceeds of the taxes imposed are /
honestly applied to the purposes for
which they are contributed.
COMMON SCHOOLS.
Again. look at the peoples colleges,
our COMMn& FREE SCHOOLS now as
corr Jared with 1860 The State is TO.
Jay dotted over with nearly nine thou
sand school hOuses-the exact mum
Der Is 1866, or ninety four on an av
srsgs 10 each county.
lG 1861 the State school tax col
Iected was 1887 ,920 ~, and the eutire
revenue for that year, which ought
10 have been distributed to the
according to the number OF
children In each, was $685., 33S "a;
but the amount actually distributed
was only $544 $50 80, or a little more
han half the amount collected; and.
although the Constitution REQUIRES
The income Of our school fluid 10 be
Iacredly applied to the education Of
he children of the State, the De
nocracy had ether uses for it; and,
therefore. they retained in the Treas
Try for the benefit Of Democratic off
'ials the snug sum OF $454, 357 q
which, 10 law and in conscience, be-
ouged to the children for the pro
'urement of their intellectual daily
bread.
10 1869. the School Tax collected
vas 1887 ,563 Al, nearly double that OF
$50; and the entire revenue collect
ID and subject to apportionmeDt
Imong the counties, for school pur-
'oses, was 81 1876 1888 80. and the
-mnunt dIairI hn Tod runa 81 100 No ~. | ]