The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1872-08-23
GRANTISM.
rhs Bitter Fruits Of Radical
Misrule.
The Beauties Of Carpet.IBaggery, m
Encouraged by Grant, Exposed.
~. Conditions the Sossh-Rsermous Debts
.r ,he southern States 1nfamies 9th
Carpes.Bas Gevernments -.sssart-
ling Array Of Facts and Figures.

~ che Southern States 1nfnmies Of tho
Carpes.Bas Governments -.ssssrt-
ling Array Of Facts and Figures.
T-be Speech OF Col. William NJ. Grosveno
:, tho great Liberal and Democratic mas,
meeting at Columbus, Ohio, was one Of thu
mos, powerful of the campaign. The fol
loUin.. extracts relating to the condition OF
the south, the effects Of carpet-bag rule. and
me dangers liable to result from the confirm.
,nce Of the present Administration in power
are timely and to the points,
CONDITION OF THE SOUTH.
Could the people of this State understand
,,lv the condition OF the Southern States,
and the effect of that condition upon the ac-
ZION OF the Government and of parties, be-
Isye they would cast for the Reform cause
he largest majority ever given for any caudi-
late. Let us first examine the condition OF
hose States. and the working OF the policy
thus far enforced by the Republican party. in
The light of cool. dispassionate, unsrring
facts. drawn from the census and other official
,eports. You know already that in nine of
those States, those South Of Virginia, Tennes-
,se and Missouri. the Republican party has
attempted to sustain Governments in which
the great DOW Ol t04~RoycIb udu rulau voice.
and from which the men OF experience and
culture were mainly excluded. You know
that stringent and harsh measures have been
sdopted in order to sustain these Govern
ments. But do YOU know that in these States
much Of the property will not produce enough
70 paw the taxes levied by the rulers whom our
bayonsts sust ain? Do you know that hun
dreds Of large estates are looking in vain for
purchasers because nobody can AFFORD to own
nn Evnx nh ts4,, 10
not 90 to the South, why capital shrinks from
that unhappy land. why bitterness, discomfort
and uncertainty still prevail? The facts will
show.
when we speak Of the debts of Southern
states, bear in mind that all the indebtedness
incurred in aid Of rebellion was repudiated.
The people pay not dollar for interest or
principal Of any debt incurred during the war.
The increase since 1861 is wholly the result Of
such government as has been upheld since the
war under the name and by the power OF the
Republican party. Having lost enormous sums
invested from their earnings and forever sunk
ID war bonds. . people Frustrated in their in
dustry have been burdened since the war
closed, in the name Of Republication and
peace. with new debt Of over two hundred
millions Of dollars.
DEBTS OF THE SOUTHERN STATES.
In 1861 North Carolina had d,bt Of s12,-
$50, 245 Robbers, who obtained power by
calling themselves Republicans. have sweled
that debt to S3i, 8S7, 464. Acts passed by |
shameless bribery: bonds sold at ten to thirty |
cents on the dollar; officials hastily decamping
with the proceeds; Stste with nothing to |
show for its increased debtLfor even railroad |
companies we're forced to compromise for a |
mere plttance of the nominal value OF the |
bonds--theee are the outlines Of the picture.
The Governor officially says august. 187l): |
The people cannot bear the necessary taxa |
ton without being deprived Of their property, |
and. in some cases. of even the necessar1es Of /
life" In consequence, the State had SOC. 900 |
acres Of improved land in farms in 1860, and,
IN 1870, only $500. 900 acres; and the value Of |
improved farms was $143 OOO, 900 in 1860. and,
tate has lost nearly half its value, taxes have
rlsen from 40 cents on the tl0O to 81 80, or
more than four-fold.
In 1861 South Carolina had debt Of "a. 407.-
s5s. In 1871 the Governor admitted that
there had been printed &28. $50, 900 OF bonds
And stocks, besides s. 500. 600 of sterling bonds
-how many have been sold, or at what figures
10 one knows. But the local taxes were
q. 200, 900 in 1869. and %, zoe, 900 in 1870 an
q it strange that the area Of improved land
decreased -third-from 1, 500 900 acres to
SoO0, 600 acres5 Is it strange that the value
o. farms in this stricken State decreased from
elS9, 00o, 900 to $4,000, 900! Think Of it! A
loss OF over two-thirds in the entire value Of
real estate, the debt increased skiold. and
taxes increased nearly the same Can any
civilized community look with fondness upon
'1ch Government
Florida, In 1861. had debt of ESQ, 6l7; it's
,sbt in 1871 was els, 797, 5s7-having increased
'orty-fold. The State taxes averaged es3, 900
per annum before the war, but in 1871 were
HI!,5ll According to census reports, the
oeal taxation increased from Is cents in 1860
o u 80 on the el0o In 1870. In August, 1871,
convention Of taxpayers declared that "af-
er the actual cost Of production, there will
aent amount to pay the taxes upon their
leaving them without the
means Of support for their families and en-
'oyes for the ensuing year." The value Of
arms was eixteen millions In 1850, and only
en- millions IN 1870.
The debt Of Georgia was 2.570. $50 in 1861;
ow large It was in 1871, no man knows. Bull
ock and bis fellow-robbers are fugitivee, and
ears may elapse before the people know how
.ree quantity Of bonds he earned on with
I'M The Known liabilities are about 420. OOO.-
w. The taxes have increased from 10c to 81
the elOO-just ten-fold. II it strange that
10 number Of acree Of improved land has de-
Ieased from e6, 000, 600 IN 1850 TO e6 300, 900
1910, and the value of farms from e157, OOO.-
. to eoA. 000, 0OOa
Inc debt Of Alabama in 1861 was "a, 945, 200. |
lUl II was e37, 76l .9l7, and Q further in.
e6tsdness Of el6, 200. 900 by Endorsement Of 1
'road bonds had been authorized. The taxes
. i 1s were e651 Ill, and in 1870 they were
~, 9S2. The ratio Of taxation increased |
ON zoe 70 e2 on the el00--just ten-fold again.
consequence, the area OF improved farms
nom 1856. 0o0Aeree in 1860 TO $780,
~ y Z tSp sandthe valde from e11s, 900, 900 IN
% 70 eQpoo. eDin 1DD-a loss Of nearly /
Inc debt OF Mississippi has not been largely
creased, only because reputation prevented
9 SAFE OF Its bonde. But millions OF acres Of ,
W. iand nave been given away by corrupt leg
q snon. LnS c0se u tho Ehte Government n
~ ~ ~ !SeocOo gsarly and in 1870 over s9,-
60 and in 1870 II was ss,7S6. asa. I four.