The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1878-09-18
THE PRESIDENTIAL FRAUD ON THE
NATIONAL DEBT.

Hayes, whose occupancy of the white house
is standing insult to decency, who wears
the crime stains upon his name with the in
difference that a third term penitentiary
convict wears his chain and ball, who is so
insensible to the unutterable loathing of all
honest men that he still rewards the scabby
scoandrels who helped to cheat him into
Office, is constantly wandering over the coun-
try exhibiting himself at county fairs and
eating free hash. For time this represent
alive of crime, this rewarder OF perjury, this
foul blot upon the good name of America,
was content to say but little. But of late his
impudence has got the better of his sense of
shame, and he has commenced reproducing
John Sherman's figures relating to debt, IN
terest, etc., as If they were his own. He
has taken the stump for the radi-
cal party in the hope, doubtless,
that his appearance on the rostrum will sug-
gest to the radical managers that the cam
palgn of 1878, like that of 1876 by the en-
ployment of frauds. forgery and perjury, can
be made to pan out all right in spite of the
votes or the people; that he has offices still
to reward conspiratOrs, such as ''stand firm"
by their frauds and willing to support them
with blasphemous perjuries. Hayes, IN his
ST. Paul speech, like every other radical
demagogue, attempted to prove the prosper
ity of the country by the reduction of the
public debt. He places the debt, when at its
highest point, at s., 900, 900 900, and says that
in thirteen years it has been reduced 81 900, :
100000. Admitting that the presidential
fraud states the truth, and that his reference
to Hugh McCulloch, TO whom he gives the
credit of the financial exploit, Is true, is
there anything in it calculated to excite
the admiration or approval OF the
American people? In view of
events that have transpired dur
ing the period named the reduction of
the public debt to the extent stated by the
presidential fraud, and of which he boasts,
has been national calamity of fearful pro-
portions and Hugh McCulloch, instead of
being a statesman deserving of applause
played the part of pirate deserving of uni
versal execration. 1t should be remembered
that while Hugh McCulloch and his success
sors in office, in the interest of Shylocks,
were drawing from the people the means to
pay this 81, 900, 100000 of the public debt,
radical officials, as has been officially shown,
were stealing the revenues of the country at
the rate of s100,0OO,00O annually, and this
stealing was carried on for thirteen years, so
that it is on record that radical thieves, dur
ing the period named by Hayes, stole
81 300, 100000, the two items, paying and
stealing, amounting to $4,000, 600, 900,
within $7OO,O0O,OOO of the public
debt at its highest point.
While this paying and stealing was gong
forward, draining the life blood from busi-
ness, the contraction Of the currency was
steadily progressing. and as a result OF pay.
ing, stealing, contraction and shrinkage OF
values, We have arrived, in thirteen years, to
widespread business desolation. The c0un-
/ try has tramped steadily to the dead march
OF radicalism, from an era Of prosperity to a
period of business prostitution, bankruptcy
and the poverty of the people that defies
description and challenges exaggeratlon.
Hayes and his cabinet and all the crime
cursed scamps who are holding federal Of
fees as rewards for their villainy may con.
] tinue to mass the figures showing the reduc-
ton of the public debt, but their efforts in
that direction will not modify the purpose