Year: 1867

wouiu oe justly deemed
knave and a scoundrel.


Any government which should do
the same thing, would be regarded
as utterly fai,hless and recreant to
every principle Of justice and honor.


Any party which should favor such
course on the part Of the govern
ment would deserve the exccration Of
all honest men.


The Democrat, party Of this
State, at it's last convention held at
Des Moines. on the Goth OF June,
adopted the following as one Of the
planks Of its platform:


-. That all classes Of property
should pay a proportionate rate to
ward dcfraying the expenses Of The
government. We arc therefore i,
favor Of taxing government bond.
the same as other property"


We now propose to show that we're
the course advised by the Democrat
ic party to be followed. it would no,
only involve an absolute breach o.
good faith on the part Of the govern.
ment, but q subversion Of the Con.
s.itution itself.


When the war came suddenly up.
on us, it found our treasury empty.
Money was as necessary to carry on
the war successfully rs men, and one
Of the most difficult problems Of the
war at that time had reference to this
great necessity. Congress said to
the people, loan your money to the
Government. and you shall have the
pledge Of the Government that i,
shall draw certain per cent. interest,
shall be paid at such times, and that
your certificate Of loan, or bond,
shall no, be subject to State or mu.
nicipal taxation" There were then
three conditions upon which the peo-
pie loaned their money to the govern.
ment.


LIST. That the money should be re-
funded at certain time BY the Gov
eminent.


81. That during that time the
money should draw . certain per cent
interest.


Sd. That the contract, or bond, is
saed by the government to the lender,
should not be subject to State or mu-
picipal taxation.


Upon these conditions the loyal
men and women of the North, step.
Ped forward and placed in the hands
of the Government, the money nee
essary to carry on the war. The
Copperhedds at that time spared no
effort to induce the people not to loan
their money to the Government. BY
representing that the bonds ,could be
utterly porthless, and hacing faiied
in that, they are nor endearoring to
make their predictions true By first
seeking breach Of faith on the part
IF the Government, and afterwards
repudiasing the bonds altogether.
They already boldly advocate the re-
pudiation Of that part Of the contract
a. shown above, which exempts the
bonds from taxation. It is only one
step of infamy lower to repndiation,
which is already advocated by the
boldest Of their leaders. These Cop.
perhead rascals opposed the war
from its beginning to its end, and
they now desire to basely exempt
themselves from the payment Of theiI
share Of the expenses incurred in pre-.
serving the nation. That is one
secret Of their attack upon the gov.
eminent securities. Having failed to
secure the dissolution of the nation
by wal, they now seek to effect it,
utter ruin by the reputation of its
good faith. This 10 the grand OBJ.
ject Of their plots and counter-p plots.
Treason is hydra-headed. Having
failed on the field Of blood, they now
change the theatre OF their warfare
to the field of finance. If they can
destroy the nations credit. they will
have destroyed its life. and treason
will finally have proved successful.


Is it possible that any Republican
can be deceived by their srecious
cries? Is it possible that single
man who earnestly desired the sue
cess Of tic Government in the wa,
with traitors, can now be willing to
sacrifice all that was gained, by the
destruction Of the nations credit.
Look at the men who advocate this
monstrous doctrine Of . reputation
of tho nations honor. Are they not
the same miserable Copperheads
whom we fought during the entire
war? Are they not the same Henry
Clay Deans. the came Mahonys, the
same Claggetts. the same Brick Pom
eroys, the same Vallaudinghams,
whose hands are red with the blood
of our fathers, our sons and our
brothers?


It is cminently fitting that these
northern copperheads who sought BY
every means in their power to destroy
the government which nursed and
them, should now add the
character of the rogue and villain to
that Of the traitor.


But we pass to the constitutional
question involved in the discussion OF
y. 8. Bonds. What are bonds? /?
Simply promises to pay on the part