The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-08-08
1ILpEn AND HENDRICKS.
Their Letters Of Acceptance
.a, TnDEN'S LETTER.

,,nsl Conventions, "'iN "
Lcs Al st. Louis, advising me OF my
|' ,n;r.t,on as the candidate OF the con-
D ..,,"anry represented by that body, Tor
,tlire Of President Of thd United |
..,.. | answered that nj my earliest |
a,.niencc would, in conformity t.
,.s,s. prepare and transmit to you
-. acceptance. | now avail
,,,SI, q, the first interval in my I'M
':,,JsbIe occupations to fulfil that en-
s.,rment The Convention, before
;s%sIipr its nominations, adopted
J,-Isrs,ion of principles which, as
whole seems To me full ana
',pci:e disposition Of the necessities OF
,nrroun,rv, and of the reforms needed to
.,,ux Back the Government TO its
True Functions;
N restore the purity OF the admlnlstra-
,,,n, and 10 renew the prosperity OF the
ME. but some of these reforms are so |
r,,rpt that they claim more than
p.7sins approval. The necessity OF a re-
i,rm in the scale of public expense, fed
.r,l state and municipal. and in the
modes Of federal taxation, justities all the
,,.,uinrnr, ,,ivcn TO IT in the declaration |
fr,b. 81 Louis Convention. The present |
.I.pr.s.ior. ia all the business and indus
,rl,s Of the people, which Is depriVing |
I.tOr OF It's employment ana
Carving Want Into 80 Many Homes. |
b,s lis principal cause In the excessive
Governmental consumption. Under lliu-
.Ion, OF n specious prosperity, enSendered |
An. false policies Of the federal govern |
msnt, 4 waste nt capital has been gong |
un ever since the peace oil lSO1, which |
could only end III universal disaster. |
The federal taAcs..Of the last eleven years
reach the gigantic sum OF four thousand |
five hundred million dollars; local taxa
lions have amounted To two-thirds as
much more, and the vast aggregate Is not |
E,.. than seven thousand five hundred |
millions. This enormous taxation fol-
lowed a civil conflict that had greatly i'm
pslred our aggregate wealth, and has
made prompt reduction of expenses in
dl.penssbe 1t WAS aggravated by most
unsClentlfc and
UI.adJusied Methods Of Taxation,
that increased the sacrifices Of the people
far lryOad the receipts of the treasury; |
II wasagcrcgated moreover, by Imam
cial policy which tended to diminish the
energy, skill aud ECONOMY oil production,
and III. frugalIty Oi private consumption,
aud induced nlsrtl 'ulations in business
snI An unrcnuncrative use at capital anu
labor. Even III prosperous times, the
daily wants uf the industrious cOnmu-
mites press clusriy upon their daily
earnIn.s. Tnr margin OF possible
national savings = AT best as small
IS the percentage of national
earnings; Yet now, for these
eleven wears, ia" governmental cunsuup-
ton has been larger portion of the
National earnings than the whole peo-
pie can possibly save, even IN prosperous
times, for all new investments. The
Consequences of these errors are now
APresent Pubic Calamity.
hut they were never doubtful, never in-
visible. They were necessary and inevi-
table, and were toreSeen and depicted
when the waves of that fictitious pros
pcrity ran highest.
Ia n speech made by me on the oath
of September, 1868, it WAS said of these
taxes: They 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 10 Them.
II WAS comparatively easy, when values
were doubling under the repeated issues
"i legal tender paper money, to pay out
OF the iroth OF our growing and
apparent wealth these taxes, but
when the values reccdes, sinks towards
their natural scale, the tsy-gatherer
lsk,S from us, not only our III
come, not only our profits, but also n
portion Of our capital. do not wish to
eNasgerste or alarm; simply say that
We cannot afford the
Costly and Ruinous Policy Of the
Radical Majority Of Congress.
We cannot afford that policy towards the
Uth; We csnRo, afford the magnificent
AMI oppressive centralsm into which
our government is being converted; We
cannot afford the present magnificent
scale OF taxation.
10 the Secretary OF the Treasury
ssld early in 1865: There is no royal
road for government more than for an
individual or n corporation. What you
want 10 do now is 10 cut down your en-
penSes and live within your income.
would give all the legerdemsin of finance
and fnsnceering. would give the
whole ol it for the old homely maxim:
Live Within Your Income
This reform will he resisted ~ every
step, but it must be pressed Professionally.
We See to-day the immediate repre-
senlstlves OF the people IN one
hratch Of Congress, while struggling
10 reduce expenditures, compelled to
confront the menace of the Senate
ana executive, that unless objes-
Ionshe appropriations be consented to,
Tho operations of the government there
under shall suffer detrlment or cease.
In my judgment, an amendment
"l the Constitution ought to be de- |
vlsed. separating into distinct bills
the appropriations for the various de-
psrtmsn,s of the public service, and ex-
Guiding from each bill all appropriations
Tor other objects, and all independent
legislation. In that way alone can the
revlsory power of each OF the !
Two Houses, and OF the ex-
eecutive be preserved and exempted |
from the moral DEGREES which only COM
psls assent to Objectionable appropriations
rather than stop the wheels OF the !
government in the South. An accessory
cause enhancing the distress in business !,
10 to be found in tina arsfamsfic and