New national era. [volume] (Washington, D.C.) 1870-1874, 1872-10-03

amn are computed by the square '-'''' u ." WI
are charged transient rates. ~ ~
t almost every article of necessity has been
3 steadily reduced. At the close of the war
= the public debt had reached the enormous
sum OF s., GS2 ,593,02G On the 4th of March,
1863, when the present Administration came
INTO power, the outstanding principal was
500. .059, 1926, making a decrease during
7 President Johnson's administration from .Iuly
: lst, 1860, to March 4th, 1869, of only sT5.-
: o61, 9S6;95, covering a period of three years
; anu eight months. The present outstanding
principal is g., 81, 2i9, 743. "a. making a de-
crease from March 4th, 1869, 10 March lst.
ie'2, OF SIS, S07 ,695.ll, covering period of
three years only. In addition to this, the
interest account has been reduced $780,
o''.'4' The cash in the Treasury has been
increased s9,213, 956.G9, showing a total de-
crease of the public debt far the last three
years to s299, Il2, 506.94. Up to July, 1872,
there has been paid of the principal of the
debt 1886, 916, 0l7.39. At the last session of
congress taxes were reduced $4,000 zoe.
And all this done by an Administration
charged by the opposition as being the most
eXtravagant and corrupt ever known to tie
country. A Democratic Administration de-
creases the public debt only seveuty-fiye nil
lions III three years and eight months, n Re-
publican Administration decreases the public
debt in round numbers three hundred millions
| IN three years. Which 10 the more efficient
and honest Administration? We will let the
people answer.
| DEVELOPMENT OF THE RESOURCES OF THE
! COUNTRY.
| 1t is fact that Will not be denied, that the
country has made more progress in the accu-
mutation of wealth, and in the rapid spread
otthose industries by which nation becomes
great and powerful, under the present Adj
| minlstratlOn than any other period of its his
tory. Every branch of industry has received
the fostering care of the Government. ASri--
| culture has been greatly stimulated by the
fithful labors and untiring zeal of the Agri-
| cultural Bureau. Manufacture has felt the
| sustaining hand of the Government. Com
merce has received a new impulse by the
many new railway facilities brought about by
| the encouragement and assistance of the
Government. Education has been greatly
| stimulated, and the Government stands ready
to enter upon the work on a much larger
scale, as soon as the people shall give it the
power and the means.
OUR FOREIGN POLICY.
In no particular has the Administration
been more fortunate than in its foreien
policy.
Whether it was with the powerful States
| OF Europe, the Oriental nations, or the
weaker States of Central and South Amer
lea, the policy of the Administration, while
it has been peaceful, has been eminently
successful. While it has been firm in the
maintenance of the honor and dignity of the
American people, it has exhibited a sertpu-
lous regard for the rights of Others And
thus We have not only been able to maintain
peaceful relations with the enlightened ma
tons of the earth, but we have opened up
friendly intercourse with nations heretofore
inaccessible.
But the master piece in the foreign policy
of the Administration is the adoption of that
new method of settling international difficult
ties by the peaceful award of arbitration
And while there have been some drawbacks
at the commencement, we are now realizing
the golden fruit of the Washington Treaty.
Thus has the present Administration not
only avoided interminable complications and
perhaps war with foreign Power, but has
gained for the American people the respect
and veneration of mankind.
THE REPUBLICAN, PARTY.
But there are eminent men who have hon.
Ored the Republican party with their talents,
and whom that party has often hOnOred with
high positions, who now invite us to abandon
that party and enter this new combination.
Remembering that the Republican party has
borne alOft the standard of human liberty for
the last twenty years, and still leads the van
in the cause of oppressed humanity, decline
this invitation, and beg leave to send my re-
grets. Abandon the Republican party?
Abandon the Republican party, with all those
glorious deeds wrought out in more glorious
cause, which are garnered up in the golden
urn of history? Abandon the Republican
party, with those acts of moral heroism that
are emblazoned upon monuments more dur
able than marble? Abandon the Republican
party with those immutable principles which
shine out over all the world and reflect their
respondent rays upon our own fair land.
Abandon all these? Oh, no! Rather let us
renew our fealty to that party; impress its
principles anew upon our memories; wear
them as frOntlets between our eyes: write
them upon the posts of our doors, and teach
them to our children and our chil,lren's chill
dren.
CONCLUSION.
Now, my friends, the Republican party has
Il noble work committed to its charge, and
upon its success depends the hopes of a new,
and better civilization. To emancipate the
tOling masses from the cruel burden of unre-
Quilted labor; to send enlightenment and
with it JOY and peace into the homes of the
humble; to break down the inhtunan distinc-
tons OF caste and oblgarchy; to- lift human
ity into the purer atmosphere of liberty and
equality; to reform and purify every depart
ment of the Government; to raise our coun-
| try to a grander height, and make her FLAG
the symbol of human freedom and eternal
peace, is a work worthy of angels! And yet
we shall accomplish all this and more if we
are true to the principles of Republicanism.
These principles are as immutable as the
Rock of Ages. Over them all the storms
of passion and prejudice will sweep in vain.
Do not think of failure. To the fearful
boatman who trembled at the approaching
storm, the Roman consul exclaimed, Pear
not, you carry Cesar" TO those doubling
Republicans would say, fear not, you carry
the casket in which is the priceless jewel OF
liberty! Republicans, under this inspiration
let us buckle on the armor and enter with
renewed vigor into the struggle. And when
the history of these times is written, upon
its brightest page will be recorded the noble
devotion, the self-sacriice and the moral
herOism by which you wrought ont the saliva
ton Of your country.
Col. MOsby and Extra Billy.
We learn that very amusing inciden. ec-