Democratic Sentinel, Volume 2, Number 31, Rensselaer, Jasper County, 13 September 1878 — The National Debt—Alarming Statement. [ARTICLE]

The National Debt—Alarming Statement.

The appointment of Mosby, the tebel guerrilla chief, is a beautiful illustration of the purity of Hayes Civil Service Reform. The election in Maine has given the radical element hereabouts the shakes. The consul, however, looks as though it had given him the yellow fever. The Valparaiso \idetu seems to think that the radical campaign supplements, gotten up and paid for by the bondholders, and flooded over the country with the view to deceive and misleu I the people in the interest o‘ capital should be effective all the same. We think not, and trust the people will have due earc notto "walk into the parlor” of these hoodlums.

At I’ast, having trippled ids regular and bona tide circulation by the ad dition of a free list, paid for from the fund raised by contributions of bond and officeholders, we have succeeded in having the consul make affidavit to it. Before many weeks Dass by, however, wo will require him to make another, or refuse us heretofore. It requires a vast amouutof cheek to do us the consul has done in this matter, but then he has the cheek. The consul says, in the Union of last week; “They (the republicans; have a clear majority of four hundred” in Jasper county, and at the same time one of his most intimate hangers on is endeavoring to procure contracts which will afloid him an opportunity to colonize voters in this county. We trust the people will guard with jealous care their interests and the rights belonging to them, and thwart the infamous purposes of these m n.

Mr. Calkins, in his harangue in the interestof Wall street, put forth the proposition that the'government had limited the issue of greenbacks to $400,000,000, and therefore could not have designed paying $900,000,000 in that currency—that it was absurd to suppose they could pay s9o' 1,000,000 with $400,000,000. Mr. Weir clinched the would-be-sharp argument with the reniy that it would be more absurd, accepting Calkins’ line of reasoning, to suppose that the govern meat could pay $900,000,000 of bonds with $150,000,000 in gold. All present saw the point made, and, through the manifestation of loud and prolonged applause, gthe Major, and the Major’s consul sat ther? the very pic turesof discomtltted despair. .

Gen. Shields, the hero of two wars, In whom the radicals took such an interest last winter that they sought to thrust upon him the office of doorkeeper for the national House of KepreseuratK vi>, m a speech m Indianapolis, last Monday evening, thus alluded to the matter:

“At th? last session of congress my name was presented to the. house of representatives for the position of doorkeeper I Knew nothing of the matter until it was all over, and hence it was done without my consent. It is a position that I would not accept if had been tendered me unanimously. [Applause.] I think that Genei al Butler was sincere in his efforts in my behalf, but I told those men that many of them were officers—some generals —who served under me in the war, and I could not accept a position under them how, to hold the door for them. Many of my warmest friends opposed me, men who had battled beside me, and I honor them for oppos Ing my election to an office chat I could not till, it being contrary to my mode and habits of life, I am.apoor man standing with a record unstained. My friends desired to put me on the retired list, but when the bill came before the senate my name was coupled with Grant’s, and thus it failed to puss. ” And of Mr. Voorhees the gallant old soldier bore the folio wing testimony: “I have a special interest in the coming contest, for your next legislature will be called upon to elect a Unit’d States senator—Senator Voor hees, I know —and when I was a United States senator, and sat among such men as Clay, Webster, Calhoun, Benton and Douglas I can truthfully say that I never knew a map who served so short a time and took as prominent part in the affairs pf the nation-as Mr. Voorhees lias done."

Hon. John Lee is appointed to address the people of Remington, Wednesday evening of next week. We trust the citizens of Carpenter township will turn cut and hear him, as he is a convincing and attractive speaker.

Judge Gooding was unable to fill his anointment at this place last Wednesday evening, Hon. John Lee enteitalbed a large audience for nearly two hours in a straightforward exposition es the situation Of affairs in the land. He was frequently applauded by his large audience, We are glad to note that his aprointments extend to the Saturday before rhe election. He is doing effective work.

The National Bankers in New York held a meeting one day last week and made another large contribution to be used in Indiana to defeat the Democratic party find Mr. Voorhees. A number of radical speakers, paid out of this fund, are announced in yesterday’s Union, as about to engage in missionary labors in this county.— Money is powerful, but if the people be true to themselves and their interests, their ballots will be more potent.

The consul claims that “the editions of the Unoin eac/i week since and including the date of July 25th, 1878, have been double the size of the editions of the said Democratic Sentinel for each week during that time.” Oh, well, we admit that. The corruption fund, provided from th * contributions of the national banks and the bond and officeholders will explain the sudden increase in the circulation of the Union, “since and including the date of July 25th, 1878,”

“The truth is that at no time has i he Democratic Sentinel ever had the circulation, cither home or abroad, that The Union has enjoyed.” Let us see. Up to the dat-e of “Ju ly 25th, 1878,” the packages of the Union, received at the Express office at this place each week, from the time of its reduced size, weighed at most 35 lbs., and then had more than a sufficiency of copies. On the other hand the package., of the Democratic Sentinel weighed 45 lbs., and would scarcely fill the bill. An examination into, and ascertainment of the correctness of this statement will settle, the matter. In conclusion we suggest to trie consul that while he is so “flush” ho husband his resources. -

After the election he will again be making the grand rounds offering his sheet—“three mouths for only a quarter!”

For the Sentinel. “Hon. John Lee of Crawfordsville, delivered a political speech in the court house last evening to a fair audience. Judge D. S. Gooding had been billed but did net come. Mr. Doutbit and Mr. McEwen appeared to be highly delighted with Mr. Lee’s effort.”—Union. Yes, Mr. Lee made a very able argument which no doubt pleased not onlv the abeve named gentlemen, but all the-Democrats and Independents present, and a large sharo of the Republicans. But he did not please Messrs. Gt o. Kannal, A. Thompson, ML. Spitler, and other money-lenders. Neither did he please a long shanked lightning-rod who has been imported from the wilds of Posey county by our Republican Trustees and foisted upon the community to teach our children science and good manners. This “professor” made himsrlf conspicuous by his loud talking, whispering and giggling. How do the patrons of our school

like such examples?

ARGUS.

Philadelphia Crisis. The most alarming sign of the times is the steady and rapid increase of our nation..! debt and c in interest account, thoughjt e people at large have as yet taken no note of the fact. Deluded by the monthly debt statements of the treasury, 99 out of every 1(H) American citizens believe that our debt and the annual demand upon us for inletest have both been materially decreased during the past year. But what is the truth touching this question? Our space is too limited to admit a tabular'statemen: for the whole year, but we present a condensed statement of the last four months.

On the 31st of March las: the principal of the coin debt was $1,721,735,850. During the mouth of April the increase of the principal of that debt was $13,998 800; during the month of May the increase was $33,000,000; during June it was $12,000,000; during July it was $14,942,250, and the total on the 31st of July was $1,795,077,900, showing un increase of the principal of the debt in four months of $73,941.050.

The total annual interest on the 31st of March was $91,674,544. During April the increase was $609,928; during Muy it was $1,415,000, in June $505,000, in July $526,535, making an increase of coin interest in four nonths $3,0>6,463, and total annual payment amount to $94,761,007. During these sain four months there has been no reduction of the 5 per cent, bonds. The 6 per cents, have been reduced $5,059,950; the 4$ per cents, have, however, been increased $46,000,000. and the 4 per cent. $33,000,000. If this exhibit of the rapidity with which our national debt and its burdens upon us and prosperity is increasing does net awaken the anxiety of business men, it will be because they are impervious to reason or have surrendered themselves to the cruel fate provided for them by Secretary Sherman and the plutocracy he sarves.

Maj. Calkins tm>k great credit to himself for having voted to remonetize silver and stop further contraction of the greenback currency. This was a virtual condemnation of repub lican legislation, and shows that the democratic party is right. The demonetization of silver and the contraction of the currency were republican measures, and all that Maj. Calkins did was to help the democrats undo the mischief that his own party hud done. No thanks!—South Bend Herald. Maj. Calkins opened his speech in South Bend by a fuLe statement when

he declared that the electoral bill was gotten up by a democrat and forced through congress against the vote of the republican members. Senator Edmunds, of Vermont, was the author of the electoral bill and Calkins knew it and he knew that Edmunds was and is a leading republican memberof the senate. Calkins knew, too, that the republicans held a majority in the senate where the bill originated ard had the party been opposed to it its defeat was certain. Calkins knew, too, that a majority of the republicans of the house—nearly all of them—voted for the bill, and yet with this knowledge he stated in the opening of his speech that the electoral bill was gotten up and forced thro’ congress by democrats. Oh, shame! where is thy blush? He may express his contempt for “fraud shriekers.” but what measure of contempt is due a man who comes before an audience and, for the sake of a few votes, wilfully falsifies the public record about a question of this nature.