The Caucasian. (Clinton, N.C.) 188?-1913, 1895-03-14
HOW DEMOCRACY HAS BLESSED Us.

The Democrats never tire OF telling
the people how they are blessed by
the Democracy. They enlarge upon
this theme in their newspapers, on
the stump, in private conversation,
at all times and in all places.
We are seized today with d benev-
olent sort OF impulse, which moves
US to point out, to grateful people,
just how the Democracy has blessed
them, during the last sixteen months.
through the administration Of Mr..
Cleveland.
Within the last past sixteen months
the Democratic party borrowed mon
ey TO the sum Of $4,000, 900. The
money thus borrowed, was used to
redeem, with gold, obligations that
are redeemable by law, in coln-that
is, in either silver or gold. These
obligations, when redeemed with the
gold thus borrowed, were not can
celled but they were reissued; and
80, there was added to the public
debt OF the United States just $lG2,-
900, 900, bearing interest at the rate
Of five per centum per annum. This
$lG2 900, 600, with the annual inter
est of 50, lO0, 900 equals $40, 100, 900;
and this is the exact amount of the
debt additional debt-put upon the
country by the Democrats within the
last sixteen months.
Yes: says some one, "but how
does this affect me7' Let us see.
The debt, principal and interest for
one year, that the Democrats have
put upon US, amounts to just 81 10
for every man, woman and child in
the United States. This means that
the Democrats have, within the time
mentioned above, put debt Of So
upon every person in the United
States-upon the aged grandsre,
ouu uPou tuo pdpo Juot poiu "h'
have arranged that this debt shall
bear five per cent. interest, payable
twice year in gold; and that the
debt shall remain upon the people
for the term of thirty years-that is,
they shall have the privilege of pay
ing it until after thirty years have
gone by.
Now, let US see how this works:
A man has wife and five
children. He works on the farm OF
in the shops. He struggles hard tc
keep the wolf away from his door
His part of this debt is $l7.0l. On
this he pays annually eighty-6vt
cents interest. In thirty years he
will pay $25. so interest, and this add
ed to the principle, makes $42.5l.
That is not much money, no, tina
, is not much-but it is exactly tn,
increase of burden that this Demo
cratic administration has put upor
Che man in our illustration. TIL,
amount of money he pays annually
put out at compound interest, al thu
same rate, would amount in thirt,
years to enough to buy him small
farm.
But let no one imagine that tn
amout paid, in the case supposed, i
all that our citizen would pay on &C
count Of our national debt. 1t i
scarcely a tithe'of it. 1t is only tn
increase Of burden that has been pu
upon him by the Democrats of re
cent months, that we have been call
ing attention to.
Just think of it, this Democrat
administration has made every man
woman and child in the Republ
$2.43 poorer than he was when
came into power.
These are some of the blessing
that have come to the people frOr
the Democrats! Do you want an
more Of themF For the people t
continue to be thus blessed 10y tn
Democrats would, in few years
put most of them on. the pauper list
or in the poor house.