Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1877-12-12


ton and renewed debasement of the
currency, which would needlessly and
most wickedly check tho revival of
business and treble the country's bur-
dens. In behalf of the old party,
therefore, The Tribune renews the old
appeal to the National conscience, the
National honor and the enlightened
self-interest of the Taxpayers"
1t is an instructive political lesson
to notice the fear and trembling which
have overtaken the piratical press
which set out in 1872 to betray and de-
stroy the Republican party. Those
Of them, like Gould, who belong to
the creditor classes Of the people, and
who have their pockets full of public
and private evidences of indebtedness,
begin now to see that they are figura-
lively up tree, and have been indus
triously, for the past Eve years, saw
ing off the limb between themselves
and the trunk. If they come tum-
bling down to the ground one of these
days, there will be great number Of
dry eyes at the funeral.
Elsewhere in the same paper we
find An elaborate and, in the main, .
favorable review of the Presidents
message, In which the following pas
sage occurs:
"He takes precisely the ground in
relation to resumption and remoneti-
cation which was described In the
Tribune yesterday. He 10 unaltera-
bly, opposed to any postponement of
the date of resumption, to any wa
vering In purpose or unsteadiness in
methods' in dealing with this great
measure, which involves the prosper
ity and honor of the Nation. Moth
ing could be more forcible, more re-
assuring, more dignified, more salts
factory every way than his utterance.
1t will greatly strengthen the party
Of hard money and fair dealing, and
60 far in counteracting the bad effect
abroad of the recent vote of the
House Of Representatives, Still more
effectual, perhaps, in mending our
shattered credit will be his explicit
statement of views ON the Silver
question. Although he is in favor OF
keeping silver in circulation on equal
terms with gold, he would not have
IL made an unlimited legal tender,
even in private commercial transact
tons, while he rejects altogether, as
inconsistent with good faith as well
as q sound financial policy, the idea
of making it applicable to the pay
meut Of the interest or principal OF
any part of the public debt. He bas-
es this declaration upon q high sense
of National duty, and clear percep-
ton Of the moral aspects Of the case.
It 10 quite uncomfortable, after this,
that he should ever be shaken in his
resolution we may take it to be GER
4 tain what he will do in case any of
the pe"ding silver schemes pass Con-
gress."
We believe that the Republican
party is substantial unit in favor of
paying the National debt principal
and interest," precisely as it was
agreed to do, notwithstanding the
fact that the gallantry of our soldiers,
and the loyal support Of the people,
made the investment an uncommonly
good one to the capitalist who took
our bonds
We also believe that large por-
ton of the more respectable class of
democrats, agree with. the Republic
cans that the payment of the national
debt should not be questioned or
re-opened.
But these bonds have, to great ex-
tent passed from the hands of the
original purchasers, who never ex-
pected anything better than coin, Ell
Their gold or silver, at the option Of
the government, for their loans, in
to the hands of the Goulds, Wander
bilts, Belmonts, and Rothschilds, who
have, in secret and rascally manner,
manipulated committee Of Congress
which has smuggled through both
houses of that body, bill demone-
thing silver, thus greatly increasing
the value and purchasing power Of
gold, and proportionately reducing
the ability of the people to discharge
their public and private obligations.
II there is danger in the political
situation it is because you, Messrs
Bondholders, have re-opened dam
gerous question, which had generally
become to be considered settled one.
If the Jay Goulds find their teeth
clustering and their knees knocking
together like Belshazzar's, at the pros
pect of the Confederates, Commun-
lists, and Iconoclasts coming into pow
er, they have only to thank themselves
and their class Of journalists who
have been hamstringing the Repub
lican party since 1872.
We may add that it is our deliber-
ate opinion that if the doctrines above
enunciated in the Tribune, on the Sill
yer question, are adhered to, and be-
come the settled policy of the Admin
istration a. well as Of the bondhold-
ers and Shylocks. it won't be long
until these fellows can put their ears
to the ground and hear the steady
tramp of coming party, bearing on
on its banners, Reconciliation or Re-
pudiati0n, and it will be q party
which will win, and como to stay.
There is just one way to avoid the
calamities which the Tribune stands
aghast at, and that is to give the debt
or classes of the people as fair and
exact justice as is melted out to the
creditor classes.
The entire Republican delegation in
Congress from New York State, ex-.
cept Chittenden who was elected in
1872 as q Liberal, have joined in q let
ter ssking the President not to again
send in the names Of Roosevelt for Col
lector and Prince for Naval officer of
New York City, to which the Presi-
don't returned prompt refusal, and
again at once renominated them to
the Senate. This means that the Pres
ident and Secretary Evarts knows
more about the character and fitness
of official appointments in New York
State, than it's entire republican dele |
3.