The Bennington banner. [volume] (Bennington, Vt.) 1858-1894, 1888-11-22
1.-THE SURPLUS WILL GO :"

The Troy Press is convinced of this
and so rises to explain as follows CAT
ter all, it must be confessed that the
people adopted the surest and quickest
mode OF getting rid of the surplus, by
electing q Republican President and
probably q Republican House of Repre-
sentatives. Without doubt the surplus
will rapidly disappear when the new
administration gets in. Republican Ad-
illustrations know how to get rid OF
money. That is their strong hold. No
considerable amount of surplus ever
showed up until the Democratic party
came into power. 1t was all used up in
Republican schemes, and squandered by
the rings. So it will be again. There
will undoubtedly be no embarrassment
from the surplus. 1t will leak out from
the Treasury as water runs through a
sieve"
This is a curiosity both in sentiment
and in literature. The Press is right in
saying that the surplus will be reduced,
1t knows as well as anyone that the Re
publican party have record for adjust
ing the means to the end. And the pay
ment of over one-half of the debt made
by the shareholders rebellion aided by
Norther Democrats as a party shows
pretty well how the money went. or
course in 1884 when the Confederates
virtually resumed the reins of govern
ment they stopped paying off the bonds
and as there was no particular change
in the income, then, in spite of millions
squandered in salaries and to improve
frog ponds in the South, the cash began
TO accumulate. If they leave any money
in the Treasury March 4th, 1889, it will
be far different from the situation March
4th, 1861.
But the Press further says "Repub-
lican bondholders will be paid immense
premiums on their bonds; indeed what.
ever they may ask. II will be a very
expensive way of getting rid of the bal
ance of the National debt, but it will ge
rid Of it, and the holders, mostly Repub
licans, and British holders, who natural
ly side with the Republican party, wilt
make fortunes from their premiums.
But the debt will go; that is something
that is not an unmixed evil, if it he not
an unmixed good"
Admitting for arguments sake that
this is 80, who Is it that has made four
per cent. bonds worth such pI emium
In 1859 eight per cent. gold bonds could
not be sold (the issue of Democratic
Administration for 81 cents on a dollar
Neither British capitalists or home CAPT
talists had confidence enough to buy
them. We might further inquire why
30 many government bonds are held
abroad? 1t is no thanks to the Democ.
racy. Local as well as National Demo-
Gratis were anticipating their use to
paper and decorate out-houses with at
the time of their issue. Now that Re.
publicans have have made governments
worth high premium it is probably a
sin in Democratic eyes to pay the own
ers thereof their honest dues and place
far away the day when, government
bonds repudiated, Confederates and 9TH
ers may go into the papering business
aforesaid.
Besides the dear people are so fond OF
paying interest, you know. A private
individual ir debt, is called good finsn.
cier and honest man If he pays it. Why
not the Government Seriously now, a
Democstic bond-holder would be curl.
osity, wouldn't he II the Democracy
held the majority of bonds the policy OF
the Administration would flop quicker
than it did in the Lord Sacksville cpl
ROde