, 1874-08-31
pal, aa well IS tho lntoroat, ul,ould 10 paid In

ooln.
Tho language Of
=, Wy. THE INDIANA nEsoLuT1oN.
%Wo ero In favor OF tho redemption Of tho 1-2(
botluB ~ groenbacks, according to tho law r,tol
Which they wore tBsliod," IL not positively u,,.
true y calculated to mislcat. That tlloao bontls
SHOULD pe p"td IN groonbaoks Is not in accord.
, ahon WITH IA Tho, law Under which the iasro .waf
made. Tho rcvcrso Is tho fact. II is trlo TINT
lAo law uooa not oxprcHsly stato TINT they nro
p"yhe ~ ~ co,n, put It ts provided that tho inter-
uss oe SO PAID. III atsia silont In regard to the
plMolpn!' 1t a because no one at that timo ro-
gardod the United Statcs notce 10 anything 'olso
'tha1l temporary currency, which Wa8 to be ru-
docnod or rotlrod by
,ora h. o,o.. ooNyEnsloN1STo noxDs.
brought tundor tho control Of tho Goverilniont.
Mlo, III fact, evor hoard Of n national obligation
tnoihtefeHt on which waB payable In ono kind of
currency and tho prnctral in another mud do.
peoplo who should tako advantage OF. tho toclp-
cAl construction. Of thoir own law, md compel
s,io holders 'of ,thoir bonds to tako III payment
mest N,esr own alshoMored paper. notwithstanding
sne2 oervantem tho Treasury. Department, thor
n94 who nolicitod aubncriptio1,s, mud tho pub.
lie pfohs, with tho full knowledge aud approval
J OF tho law-fnaking powor. Ind represented tha
'prnclpal ns we'll aa tho interest, OF the bonds
T. 19np ne payable @ N COM by eyory number Or tho
Tho debate whom tho Bubioos Of tho issllo OF
'thono Dont!h 'Ya9 untor consideration, and who
IN terms alluded to tlom they woro Bnol1on OF
,,,.,,.,'.. ~ .
ro,v +t,nt ntlup.ArE @ AL TftEBE rnoM1sEs
ronc;, .hd op.; p.S;ople Of Tug ulisod States would
wiic NJ u.n u afGrauntlon mud dlahonor to
mout Of tIo n,nnn;,op, @ uunSamaou. tno staso"
rusos. in nnn,11p ~ n.app9u OF ~ lta als-
ton Of nil lonorohlo nou ~ l., :. ~. ~ ~ ossile-
In harmony with tl,o aoni,r,ar,. nos' an huIe,
or tho Democrats of TnS1innn Aa III ,na!oIlty
.ao Iesolutlon'of tho Convention was hlunler.
ally md ccouomically eonstlorct1 "a rn,, ntoI
licaljy. If # wnn nj cvmrosa,or ~ 70 weli an ro-
gont sentiment Of itB ,nanrnrS fr'ci, si,G .nnol
herd Il Il wns nh, Il n,;"i,t tAt,1 ~ AhtPfo-
uol,uccd o:iu,o mi h,m,,iar ~ DO pro-
n,,s s.u"uoa ,..,s'o'.. eo"'ot'o"'
l,av. ani,l M ,n,,n1, ,,,,or A..
tim hnvc c;sbar i;n,o ~. .no estency aes-
upon tho nri Mr. Il III Il 'eo ~ uwe1 leng
cnasofi ,v taso ~ Ia.,a .a M.un peln6 uls-
attontlon liar i,eye mi ,v, nen .aofo
hctfnr faynr ra,ar,," nuu ~ nv uuuorsshua It
III ho nraaot tnr;T nu i"o,, t,, st-
tiyo Of royno md Il ia tIornfnrs Snty Htuuae
tint Il IL n mi "ro.oo 10 .;n co,teneea
nan,,,c na - nis,,,o ..t, sal hllu tnat, ID"
In ,ior;rel SrE =. caE revenues aro 10
onco botwcnn ~ ,sr;n a,o'nn ~ aus,os inc aii;er-
t,riSf ~ r,,a,.sa ta1nt .os pIuseetloh ahd q
;n,an;,,r,' th thIoso"uo nsnss 4lWaya 10 more
tl,nt ."ay 1ocn tMau loa! now, wni!e It T. trlo
Sta,aa ova a,,, ~ ian.,. .a,ua M 'lto tle oted
t1,;u a,,.ron L.,,a , ~, t "au - tosc"oea 'Fon
ioes ,,ot Fn,,n,r = ~. eeu5s4uonM oee1 !AlRe, II
,,s,,',t tnnk tlo rreaoht tariff, III the
ntfoLef ,n.s's ol tno tosm Is rcvonuo tariff,
-, w. n,u .tanou 10 ITotocs corta'n
u,,i ~ .il Il ;,,rt Ill., a."'e"' ano4s Aas dono,
- "'... NV'6' .nt' ~ .-,.,.---+-
botvoon hmvESrtxa hnn'n NTH fa1o; rAsm eostrEIlI1ox
oy iln,cEeasihB TO consumers tho cost of many
artlclcb oI common anu Indispensable use. It IL
'tf1lo also TINT this, to sono extent, must DO tho
s, enesL oL nny sysiem OF RAISING royenuo by GUS
o "''a IL " nnn a. 1heo m tauo desirable ~ it may
,1; r"Sanues ore needed Tor the payment Of tho
nloisc ~ M oent, aud Tor doliaylng tho expoEaos Of
1ne do'eromeht. ,...,,-.
sancc;o -, ,,v toxoL INDIRECT ,,, at, TAXATION,
..sl'ccia!ty .' taxes upon imports, ls undoubtedly
'aat tno most extensive and demorazing, If not tho
nson ost nnoqnah mode Of raising royenuc that hns
Popnns, 9ecAu5e II ID hot lnQu1Bltor1at, and doca
1'oL INTRODUCES the ta1-Hatherer to tho consumer.
Snu T. IL ieil only IN tue enhanced prices Of the
ass'eles WHICH aro subject to it-tho cause Of such
eni!anccu prices IL not often considered. Tho
p'ey ,4 o. % ralsing fevGnno 5y taxea upon imports
~ NGs, n nuMo;x,Sl, 70 10 npnndoned md u will
tns 1. no poshpie, even II 1t Woro desirable, to
L., aa'.ao ia"s %.lcn VII, yield such revenues az will
~ Iclu!Ied from lhiA source without giving
h1tne.luaasefy me- !!s trera! protection,
~ Nom ,a %!tn, t'lna lhe people should earnestly
TAhtfF III WHICH AEvEsuE SHOULD DE THE
oHJEGT,
anu nos tno incident; that commission, fairy
tsn tenfeseoang tno dlle5ent sections Of the coun
!51ry, 20 appointed by Congress TO- prepare bill,
sne nm o. Nhien should DO to raso The nocossa-
y revenues from the smallest number Of arti- |
sSs, .,a,,. a'egalain6 tne polcv or protecton, and
mucn ahonlu oo no clear Ia its provisions aud
Il oast Ie o eonnon peonie could understand
H., ir a.,a' scn W! should 90 prepared
~ u commission, bccanBe it sooms TO me to be
sno ohly moana 1y which ' % intolligiblo symmet-
n is aI tnr M n a1n DO secured AZ
~ tpSs an .aiul unaale prepared ny committees Tint
~ nos command ne conttenco of tho
t1oso thor u ~ ,,, snsiomt degroo to insure
nnrtapt saIi,o ;olokn tna1 nody without I'M
altefatlon and s,lcl, oi1lH nro subject to
s.il tarshor alteration by tho scnnto, and re-
,a @ TO- souces from eommltsoos Of
I'l s1IhGaislng tho closing hours Of tho session. Ge
snuii na'e .....,
1,a,,,,,t :, ,"eoSt mcoSstsIEsT rATcnwoRK.
i'icnit to understand, and fruitful OF fraud aud
ltlgatlon lnhtoad Of symmetrical, consistent.
lha inselhgiolo LAYS; IT. is true that tho work OF
'tacn4 sta H0ttlu IAo reports or the WAy8 and |