The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1876-08-10
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THE DEMOCRATIC PROGRA AMME:
GOVERNOR TILDEN,s LETTER
.b,, ACCEPTING THE ST.. LOUIS -
81. s.f.a. NOMINATION.. p's

{..s[, 4i4.s1 -.,ir - n.i' t!i
A Mastery Production which Points
the Way of the Country to a Better
Era-The Methods Of Reform PEaeti-
cally illustrated and Expounded.
IS ALBANY, N. Y. July 81, 1876
GESrLEMuEN-When 1 had the honor
to receive personal delivery Of your
letter on behalf. of the Democratic Ma.
tional Convention, held on the 2Sth of
June. at .St.4Louis, advising me of my
nomination as the candidate of the con-
stituency Represented by that body for
the Office; Of President of the United
States, answered that, at my earliest
convenience, and in conformity with
usage, / would prepare and transmit to
you formal acceptance. II now ayall
myself of the first interval In unavoidable
occupations to fulfil that engagement.
The Conventions before making IFS
nominations, adopted a declaration OF
principles, which, as q whole, seems to
me me q wise exposition of the necessities OF
our country, and OF the reforms needed
to bring back the government to Its true
functions; to restore putty of administfa'
+ zion and to reney the prosperity Of the
people. But some of these reforms are
SO urgent that they claim more than a
passing approval. ~. !'a. s..','''.' 49,
REFoRM IN PUBLIC EXPENSE.
The necessity of q reform "in the scale
of public expeuse-federal, State and
municipalpAsand Htin the modes Of fed
eral taxation" justi6es all. the promi..
nence given to it in the declaration OF
the st. Louis Convention.
The present depression IL all the busl-
ness and iRdastries- of the people, which
is depriving labor of its employment and
carrying want into SO many homes, has
its principal cause In excessive govern :
mental CONSUMPTION Under the illu,
sions of a specious prosperity engendered
by the false policies of the 'federaligoE-
ernment waste of capital has been
going son eyerJsince the3 peace. of 1860,
which GebnlH only. end, in universal dis
aster.
The federal taxes of. shelslast- eleven
years reach the gigahticl sum. OF $4,500,-
0O0,O00.ss Local taxation has amounted
to two-thirds as much more, The vast
aggregate is not less than 81, ,20C, ,0OO, ,O00.
5 This enormous taxation followed: q
civil conflict that had greatly impaired
our aggregate wealth, and had made q
prompt reduction of expenses indispen-
sable. - 'a5g; aiSs'sg.l -. ,,
KwasaggraaatedS >most (unscientifc
and h-adiusted methods of taxation that
increased the sacrifices of:the people, far
] beyond the receipts bfthe Treasury, cti
lt,was aggravated moreover by imam
'cial policy which tended to diminish the
energy. skill and economy of production
and the frugality of private consumption,
and induced miscalculation in business
and an lnremunerative use of capital and
labor.
Even in prosperous times the daily
wants of. industrious. communities press
closely upon their daily earnings. The
margin of possible NATIONAL savings is at
besta small percentage Of national earn
ings. Yet now for. these eleven years
governmental consumption has been 9
larger portion of the national earnings
than the whole people can possibly save
even in prosperous times for all new in
7estments. 25iig5gE Il tgS
The consequence of these errors are
now a present public calamity. But
they were never doubtful, never invisible.
They were necessary and inevitable, and
were foreseen. and depicted when the
waves of that fictitious prosperity ran,
highest. In'a>speech made By me ON thu
oath of September, 1868, it was said of
these taxes "a, ~. ,lIs4acsf = 1ni:eifili
ssThey bear. heavily upon every mans
income, upon every industry and every.
business in the country, and year BY year
they are destined to press, still more
heavily unless we arrest the system that
gives rise to them. It was comparative
" easy, when values were doubling under,
repeated issues of, legal tender paper
money, to pay out of the froth OF, ,onr.
growing and apparent wealth these taxes,
but when values recede and sink toward
their natural scale the tax gatherer takes
from us not only. onrr income, not only
our profits, but also portion of our cap
ital. r. *yfI do not wish to exag-
gerates sor'a alafms simply say that we
cannot afford the costly and ruinous
policy of the radical majority of Congress.
We cannot afford that policy toward the
South. We cannot afford the: magni6T 1
cent and Oppressive centraism into
which our government is being convert
ed. We cannot afford the present mag
nifcent scale of taxation"
To the Secretary of the Treasury I
said, early in 1855: , &HfS 1 -
'There is no royal road for govern
ment more than for an individual or
corporation. What you want to do now
is to cut down, your expenses and live
within your income. I would give all
the. legerdemaini of finance and fnancier-
ing-l would give the whole of it for the
old, homely maxim, Live within your.
income" ''s,i
This reform will be resisted at every
step, but it must be pressed persistenly.
We see to-day the immediate represents
tiyes Of the people in one branch Of Con-
gress, while struggling to reduce expen-
ditures, compelled to confront the menace
of the eiSenate and the Executive that un-,
less the Objectionable appropriations be
consented, to the operations of the gov
ernment' hereunder shall suffer 6etri-
ment or cease. In my judgment, an
amendment of the, constitution ought, to
be devised separating into distinct bills
the appropriations for the various de-
partments of the public service, and ex-
Guiding from each bill all appropriations
for other objects, and all Independent
legislation, In that way alone can the
revisory power of each of the two houses
and of the Executive be preserved and
exempted from the moral duress which
often compels assent to Objectionable
appropriations, rather than stop the
wheels of the government.
THE SOUTH.
An accessory cause, enhancing the dis
tress in business, is to be found in the
systematic and insupportable misgoyern-
ment imposed on the States of the South.
Besides the ordinary effects of ignorant
ond d;ohonpot administration II has in