The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1871-08-26

The Republican Party.
's e iafz- 81 PSI /.
Never bsfors hes the Republican
party assumed . nobler aspectr
than it does to-day. The ch am
piona Of constitutional freedom, it
is also the guardian oi the rights
Of person and property of the cit,
izen As well as the safea custodian
Of the honor and treasure of the
people of the nation. While ma
inequalities and Ststes are squan-
dering the money drawn from the
people by tax levies. increasing
their debts and consequently Che
burdens Of the people, yshs Fedsr-
81 Government has decreased the
taxes and imports, collected the
revenues AMI carefully economis-
ing in expenditures it has been
able instesd of increasing the pubs
lie debt, to Fay, wipe out OF exis-
tence, $3.50, ,0O0. 600 OF It. ~ s
No citizen who desires to wor>
ship Gnd safely, "undefl his own
vine nl'6g tree, with none to mo.
lest him OF make him afraid ex-
'cept in localities infested by Ku-
Ktux who expects 70 enjoy the
wages Of his labor, or to possess
in peace the property earned by
honest industry and enterprise,
will support a political party con-
trolied by the men who began th Q
rebellion who instigate and csr-
~ on the murders in the South,
and who encouraged and sought
to protect the ,nsranders in New
York. -. t....f. ,si<Igss7e'
The Unien Republican commit
tee Of Congress, has published .
series Of the financial measures Of
Congress and of the work OF Pres
ident Grants 9 sdminisIration, which
ought to be read and studied by
every ono in the country. Not
only is IL the eloquent answer Of
the Republican party anil ofsa Re-
publican administration to the
slanders and calutnnies of their
opponent, but it is the answer OF the
Republic itself to the enemies who
are SO fond of asserting tha dem
ocratic institutions are failure in
the United States. 1t is the full
Ind CT mplete vindicstion of popu-
lar GOV ernment itself. It's manage
III ent of the faances during and
after the great rebellion; the brave
purpose with which it turned to
the work Of reducing an sppailing
mountain Gf debt maintaining; the
honor of the nation in all it's puri-
ty, and paying to the last cent and
the wisdom which it showed At the
same time in reducing the burdens
Of the people. is the grandest aud
m ost glorious record in all parti
zai, history. H'' = 'ae 9s @gsba
The Republican Committee clear
ly and concisely state in the fol
lowing, the story Of the two frs,
years OF Gen. Grants Administra-
tion, as follows: ,. aS 2
First That in the first two years
and one .nonth OF the a.lmipistra-
ton Of President Grant, there hai
been an actual reduction Of The
public debt to the amount Of $2l5,
765. .663 IA 5sa .sss.,. aaaf,
l.. Second That the annual inter
est charged to the people has with
in the same period. been reduced
in the sum of Sl2,062, ,997 9s-
consequently atfortiing permanenI
annual reiief from taxation to tha
amount. .ssusbaos" b aslniosqs II
Third. That tlle net gold dds.
count actually realized to the pub
lie treasury on the purchas. Q
bonds. by which purchase the deb
has been mainly reduced. is GA.
5S5, ,S3S- 56. - ~ ..'i"
Fourth. That in consequence o
the measures and policy OF the Re
publican Congress and Administrs
ton. thelpu blic, credit, allhougl
t grea,ly' iisturbef! by the war, al
8 panced during the period from til
early part OF the year 1861 9TH
close of the Democratic admins
tration of President Buc tanan +
March 1, 1869-reaching an az
gregate appreciation; a. applied t,
the then existing values and prin
cipal cf tile public debt of 1896
900, 900 and by the still more ei
ficient admins tration Of Presideu
4 Grant, the public crcdi', as refer
red to the now existing values an
debt [ Apri, l, 1871 has been 'tul
ther advanced, within little NOR
than two years. making an spprs
citation during this short period. 4
applicable to the now existing DEF
OF S6l5 .000, 900: also sho wing tn.
the spprecistion' since the close {
abe last Democratic admin :stra.io
carly in 1861, applicable to the e.
istiag values and debt, is 1856
l-0uO, ,0oov--- nris-
Fifth Within the period frol
March 4, 1869. to April l, 1871 .th
appreciation Of the national an
national hank currency was IL p,
cent, making an aggregate appr,
citation Of SOS zoe. .000s which b.
accrued to the people in cons,
quence of the advancement of pull
lie credit by the Republican part,
Sixth Reduction Of annual e,
penditures FOR the fiscal year ;,
I869-70 40 compared with the la