The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1876-07-19
VOL. 9.

lOuI lliuCo bhSli sums III uSS'SS IN
pense without accumulatlng any re-
serve for their redemption.
We denounce the financial imbecili-
ty and immortality of that party which,
during eleven years of peace, has
made no advance toward resumption,
no preparation for resumption, but, in
stead, has DISTRACTED resumption by
wasting our resources and exhausting
all our surplus income, and, while an
nually protesting to intend a speedy
return to specie payments, has annu-
ally enacted fresh hindrances thereto.
As such hindrance we denounce the
resumption clause of the act Of 1875,
and demand its repeal.
We demand judicious system of
preparation by public economies, by
official retrenchments, and by wise f.
nance, which shall enable the Nation
soon to assure the world of its perfect
ability and its perfect readiness to
meet any of its promises at the call of
the creditor entitled to payment.
We believe such a system, well de-
vised, and, above all, intrusted to COM
peteut hands for execution, creating
at no time an artificial scarcity Of cur
rency, and at no time alarming the
public mind into a withdrawal of that
vast machinery of credit by which
ninety-fve per cent. of all our busi-
ness transactions are performed-a sys.
TEN open, public and inspiring gener'
al confidence, would, from the day Of
its adoption, bring healing on its
wings to all our harassed industries,
and set in motion the wheels of com
| merce, manufactures, and the me.
chanie arts, restore employment to Ia.
Dor, and renew in all its natural sourc'
es the prosperity of the people.
Reform is necessary in the sum and
modes of Federal taxation, to the end
that capital may be set free from dis
trust and labor lightly burdened.
We denounce the present tariff, lev
led upon nearly four thousands arti.
eles, as a masterpiece of injustice, in.
equality and false pretense. 1t yields
a dwindling, not a yearly rising reve
nue.. 1t has impoverished many in
dustries to subsidize few. 1t prohib
its imports that might purchase the
products of American labor. 1t ha:
degraded American commerce from
the first to an inferior rank upon the
high seas. 1t has cut down the sale:
of American manufactures at home
and abroad, and depleted the returns
of American agriculture, and indus
try followed by half our people.
1t costs the people five times mort
than it produces to the treasury, OBJ
structs the process of production, ant
wastes the fruits of labor. 1t pro
NOTES fraud, fosters smuggling, enrich
es dishonest officials, and bankrupt
honest merchants. We demand tina
all Custom-house taxation shall be on
ly for revenue.
Reform is necessary in the scale o
public expense, Federal, State an,
municipal. Our Federal taxation ha
swollen from 100000 gold il
1860, to s150,O00,0O currency, il
1870. Our aggregate taxation, from
154, 900, 900 gold, in 1860, to 100,
600, 900 currency, in 1870, or in tn
decade from less than S. per head +
more than $40 per head. Since tn
peace, the people have paid 10 thei
tax gatherers more than thrice the sun
Of the National debt, and more thai
twice that sum for the Federal Gov
eminent alone. We demand a rigor
Gus frugality in every department, ant
from every officer of the Government
Reform Is necessary to put stop +
the prOhigate waste of public lands
and their diversion from actual sci
tiers by the party in power, which ha
squandered 200, 900, OC0 of acres upo
railroads alone, and out of more tina
thrice that aggregate has disposed Q
/ less than a sixth directly to tillers q
the soil.
Reform is necessary to correct til
E omission of a Republican Congress:
and the errors of our treatise and GU
diplomacy which have stripped gu
fellow-citizens of foreign birth and XIII
, dred race recrossing the Atlantic {
c the shield of American citizenship
: and exposed our brethren of the p
ci6c coast to therrincursions of a rae
| not sprung from the same great parer
e stock, and,in fact, now by law denie
r citizenship through naturalization, 9
being neither accustomed to the trad
}, lions of q progressive civilization nc