The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1879-07-23

funding under Secretary Sherman have
saved the tax payers Of the nation
many millions Of dollars annually
Secretary Sherman has gone North to
deliver his financial speech in Port.
land, and you may look for other facts
in that which will be "nuts to crack
for the poor democracy. have heard
rumor that the Secretary will remain
North until the meeting at Saratoga
Of the annual convention of the Amer.
ican Bankers Association, OH the 9th,
9TH, and Sth of August, and give them
the benefit of his counsel. That Con.
vention, by the way, is expected to be
composed Of representations from all
banking and trust institutions in the
country, and its discussions will take
a wide range. Among the topics to
be discussed will be the refunding of
the public debt by which the annual
burden of taxation for the payment of
interest has been reduced from $780,.
977,697 in August 1866 to about 1884,
100000 at present. This relief to the
people from the burdens Of taxation,
it is claimed, has been mainly effected
through the agency of the banks. A
review (non. political of course) of the
origin, progress, methods and compile.
tion of the work will be given to the
Convention. A similar review of the
work of Resumption will also be given
with statistical and practical addresses.
Personal "reminiscences of banking and
bankers will form one of the interest
ing features of the three days session.
Lacking other ammunition the dem.
ocrats have been circulating falsehoods
relative to assessments" of clerks in
the Department for political work.
The clerks are fully alive to the polit-
ical issues of the day, and interpret
the proceedings Of the Democrats in
Congress in connection with the en-
ployes of the two houses as notice
that if the Democrats are successful
they will be thrown out Of the places
for which they have qualified them
selves by years Of experience, in order
that the retainers of Democratic Con.
gressmen may be provided for, and
this fact alone inspires th0m to re.
spond literally. One agent, only, a
one armed soldier, himself dis.
charged employee of the Senate is so.
liciting subscriptions.
The Democrats make great promises
relative to favoring Union soldiers
officially. But they ara poor perform.
ers. Whenever they can strike down
a crippled soldier they do il. The
latest sample is that of S. S. Wilson,
of n. T., who was an employe in the
Senate. He was retained until ad.
jOurnment AID then summairly
dropped. His case is an aggravated
one. He was faithful officer, and is
a cripple, having lost both legs at
Gettysburg. He is the kind of hero
the BTigadiers don't like. That is the
kind Of transaction that Inspires the
clerks to contribute to the Republican
cause.
Hon. VIM. L. Chandler has been
here to look after the interests of the
Congressional Committee. He takes
a hopeful view of all the State cam.
paigns, and anticipates easy victories
in Ohio and Maine.
Ex-Gov. and Senator Ramsey, of
Mimi, is now confidently named as
the probable Secretary OF War to be
appointed on Secretary McCrary's
retirement in September to accept
U. S. Judgeship.
Bull-dozing has already begun
again in the South in anticipation that
the Republicans mean to keep up
their organization and renew the
contest for equal rights next year.
DE SOTo.