The Fremont weekly journal. [volume] (Fremont, Sandusky County, Ohio) 1867-1877, 1874-09-11

Not only are these rights disputed
but in some parts of the Southern
States the right to live and labo
and enjoy the fruits of labor is prac
tically denied. The spirit Ku- -Klux
ism is only smothered. We hea
daily of murders, outrages anC
wrongs that may lead at times to +;
war of races. If the Democratic
party was now IN power and tend
ency to restore a condition of slave
ay in the South would be over
whelming, and then instead Of a civ
il war between sections we would
have q war between whites anC
blacks. We now hear of fraud, force
and violence in the South. These
can only be arrested by peace ant
time. But ifYou add to these evil:
an open war between distinct race;
of men living together, waged az
such wars always are by assassina
tion and the torch, you will have
San Domingo over again with all itc
nameless horrors. The easiest way
the only way, is for the law to place
all the rights, privileges and immu
mites created by the law upon pre-
cisely the same footing to all citi
zens. Then with equal opportuni
ties let them rise or fall according
to their merit and industry.
THE PUBLIC CREDIT.
Fellow citizens, there is another
guarantee which we, as Republicans
are bound to see fulfilled. 1t is sec
tion 4 of the 18th amendment to the
Constitution Of the Constitution oi
the United States, as follows:
"The validity Of the public debt
of the United States, authorized by
law, including debts incurred fo1
payment of pensions and bounties
for services in suppressing insurrec-
tion or rebellion, shall not be ques-
toned. But neither the United
States nor any State shall assume OF
pay any debt or obligation incurred
in aid of insurrection or rebellion
against the United States, or any
claim for the loss or emancipation of
any slave; but all such debts, obli-
cations or claims shall be held lille
gal and void"
No one can doubt bat that the
Republican party will faithfully and
honestly observe this guarantee
and it is equally certain that there
are large portions of the Democrat
ic party that openly seek to impair
the validity of the public debt of
the United States. Direct and open
reputation would probably be
sanctioned by a majority of the
Democratic party in the late rebel
States. But this form of attacking
the validity of the public debt is not
the most dangerous. The Indiana
State Convention adopted a series of
resolutions, of which these are the
first three:
1st. "That we are in favor of the
redemption of the five twenty bonds
in greenbacks, according to the law
under which they we're issued"
I'd. "We are in favor of the re-
peal of the law of March, 1869, which
assumed to construe the law so as
to make such bonds payable exclu-
sively in gold"
Sd. owe are in favor of the re
peal of the National Banking law
and the substitution of greenbacks
for the National Bank currency.
These resolutions taken together
would directly invalidate and repu-
diate the great mass of the debt of
the United States. They declare
that the $50 bonds shall be paid in
greenbacks, and not only with green
backs issued when the bonds were
issued, but new greenbacks issued
now, in express violation Of the loan
acts. BY the act of March 10, 1869,
the public faith was pledged that the
bonds would be paid in coin. This
act was not only in accord with the
public judgment, but has been &C
quiesced in for five years, and the
500 bonds have risen in market
value to par in gold. They have been
bought and sold. Five hundred mil
lion of them have been paid in coin
by the Government and new bonds
issued. An attempt now to disturb
the settlement made by the act of
March, 1859, is a wanton and fool
ish breach of public faith pledged by
that act. And the proposition now
boldly made to issue new greenbacks
in express violation of the act un-
der which the $50 bonds were is
sued, in order to pay them off with
notes not bearing interest, is a direct
of the public debt. If
it were possible to commit a crime
by the announcement of an atrocious
political dogma, this would be a
crime. It will create uneasiness and
impair American credit to the pre-
else extent that it gains strength
and belief. And at this day l believe
these resolutions present the opin-
ion of the disloyal elements of the
South, and of those in the North who
sympathized with such opinion.
The platform of the Indiana Dem
ocrats has been adopted by the Dem
ocratic Convention of Tennessee.
The current is reddening and deep
ening, and now in Ohio-Which
never shrank from the burden Of
her debt-never for a moment vic.
lated her faith-never even listened
to such advice except in the almost
forgotten days of Byington and Nc
Nulty, and then, rejecting their coun
sci, sold her bonds at fifty cents or
the dollar to pay her interest-ever
in Ohio, which we proudly claim as
a model State, the Democratic par.
ty in their recent Convention squint
toward repudiation, but do not bold
", like the Indiana Democracy, as
sert their purpose to commitit. Tht
Ohio Democrats resolve as follows:
"That the Democracy of Ohio re
iterate their declaration thattke 5-2t
bonds, by the letter and spirit O