Democratic Northwest. [volume] (Napoleon, Ohio) 1869-1894, 1889-09-19

istration he deserves commendation for having
sense and discretion enough to know a good
thing, and it is in keeping with his general char
acter for him to claim the glory for work that
belongs to others.
By this refunding of the Canal debt, as provid-
ed for by Democratic Legislature, an annual
saving of nearly 100000 year was made In the
interest account As thoroughly Foraker de-
spises the Democratic party, if he had any of the
/ ordinary attributes of manhood, he would scorn
to steal, or attempt to steal from a Democratic
Legislature and a Democratic Governor the credit
to which they are justly entitled for making the
prompt refunding of the State Canal debt pos
| ibility and certainty. To the courage of Gov
erner Hoadly, and not to the assumptions of ],
| B. Foraker, do the people OF Ohio owe the fact
| that a job was knocked in the head and the debt
refunded at per cent, instead of 9.65 per cent.
rate of interest, and thus saving thousands of
dollars to the taxpayers in ten years in interest
alone. Is there any Republican in Ohio, from
| Foraker up to the highest and best men in the
| party, that dares discuss the juggling of the
finances of the State by the present Chief Execu-
| tive? Ifthere is, he can be warmly accomnno-
dated before the ides of November. Ihope every
| Democratic orator, every Democratic writer,
every honest citizen, from every forum, in every
newspaper and in every township and every
school district will push this question home to
the people until each and every taxpayer can
see the appalling danger of this trihing with the
| State credit. These questions should be thun-
dered over the State until the polls close
| "why have you violated the constitution
| Why didn't you pay our debt? What have you
| done with our money!" But let us take this
question in detail. Let US begin with the first
year of the Democratic Administration, and
IA FI11a md nj
| pertinence, insolence and Forakerism, all of
which have made the strangler possibility in
Ohio, and almost driven decency from our poll
tics. On page IL of the Auditor of States report
for 1884 may be found the following statement:
On the 18th day of November 1883, the
public funded debt of the state S4,522,5l6 90
This sum consisted of the following loans
Loan payable after December 81, 1886,
bearing per cent interest $2,S45,s5O 90
Loan payable July l. 1884, bearing
per cent. interest 80. $4,000 90
Loan payable July /, 1885, bearing
per cent. interest $4,000 90
Loan payable July ], 1886, bearing
per cent interest :. ... $4,000 90
/ Loan payable July /, 1887, bearing
per cent. interest -. 100000 90
Loan payable July !, 1888, bearing
per cent. interest 100000 90
| Canal loan, not bearing interest 1865 90
Total funded debt. -. s4,522.515 90
The following redemptiona have been made
since that date;
Loan payable July l, 1884. bearing
per cent. interest ...s $4,000 90
Loan payable after December 81, 1856,
bearing per cent. interest 69,6s5 81
1s.es5 81
On the 18th DAY of November 1884, the
public funded debt of the statewa q. $40 10
This sum consists of the following loans
Loan payable after December 81, 1886,
bearing per cent, interest -. s2,276 ia 10
Loan payable July l. 1886, bearing
per cent interest $4,000 90
Loan payable July /. 1886. bearing
per cent interest -. $4,000 90
Loan payable July l, 1887, bearings
per cent. interest 10000 90
Loan payable July /, 1888, bearing
per cent interest 100000 90
Canal loan, not bearing interest 1855 90
Total Funded Debt "a, ,102,s $40 10
The first year of Democratic Administration
$4Is,6S5 81 was paid on the redemption debt of
the state.
On page of the Auditor of States Report for
1883 we find the following statement:
o,, tba ,s.,, ,,av 90 ,Jc,,o,n,,,a, ,ss. the
,rlio ~, a. ,a,,t !. ~, - q, ,oo szo 10
This sum consisted of the following loans:
Loan payable after December 81 1886,
bearing per cent. interest q, 76,2l4 10
Loan payable July l, 1885, bearing
per cent. interest $4,000 90
LOAN payapie 'uiy II 1000 peefins
per cent interest :. o'o'OOV :"
Loan payable Juiy ], 1851 bearing
per cent interest SooOo w
Loan payable July l, 1885, bearing
per cent inOeress oooouo W
SahaA ioan' MOI peaflns ihserest- A'oOo W
- -
Total funded debt. sa.1O2,s7s 10
The tollouing radamnt,ops have heen made
s,naa ne ,ho. ,oS"s Ssta. p''1 A~'' 'ee- .''AN'
-. 200. ..,-
Loan payable July l. io0o' bearing oo. -
ps. ,n.e -" eS' no.o. a, ,ess
Loan paysple ai'er Decenpel Oh i''O' s.o ~
pe1fihe per oe"'' iA'eieSs' = "N'" W
Iotai - ooA'''o y"
,,rI,o f,,,aa An, f tha s,oto ,v.s Ga 7oo o9o 10
lhs seeonu sesi .oa, oa sre one
.es pau y ., sooa oes .,
80 -as,,aas - st..c Srtt 49,, a. Eoe az 70
anu lSuuceu eao 0s@'e oSps th"hu v1'o-S'oAu W