Democratic Sentinel, Volume 8, Number 39, Rensselaer, Jasper County, 24 October 1884 — Government Interest [ARTICLE]

Government Interest

To the Editor of the Indianapolis News: Will you please state if during Buchanan’s administration tnat 12 per cent, interest was paid by the U. 8. government? Also, define the issue of the seven per cent, bonds hs to the interest, J C. F [A long search shows no such rate, the highest during the period covering Buchanan’s administration being six p>r cen . stock loan. It is posable that at rhe outbreak of the war, oi during the panic of 1857. some tern porary deficit required a tempo’’nry loan at a higher rate If any one can give the facts, we s ould like to have them. The 730 bonds bore 7.30 per cent, interest, which on a SSO bond, which was the lowest denomination amounted to just one cent a day, This loan was for three years, being fundable in 5 20s. all of wnien have been paid —[Ed News.]

Baldwin, and all the rest of the re, publican orators, try to impose upon their hearers that the Democracy are in favor of pensioning rebel so Idlers, Thay well kn ow that the constitutional amen meats forever provide against that, and ’hey simply reflect upon the intelligence of their hearer g every time they resoit to that kind of talk.

The Hon. Dawson Smith was in town last Tuesday and Wednesday. He left fur Rensselaer on the Wednesday morning train. Mr. Smith reports his prosjects for election to the office of Presecuting Attorney, as being very bright,- Kentland Democrat. Baldwin referred to John B. as Buchanan’s Secretary of the Treasury, Baldwin is off. Floyd was Secretary of war. If we don’t have a cold winter corn husk sign s a failure; and if J, T. Saunderson isn’t elected Judge of this Circuit “signs” before election are no good.—Kentland Democrat.

Theie has been some inquiry as to whether Mr. J. T. Saunderscn was a soldier or not. Capt. Hanum. of the 2d, Ind., Cavalry, while in this place some week’s ago, said that Mr. S, was a soldier io Co.. ''A.” of said regiment a d that at Shilo and other bard fought battles he was in the thickest of the fight. Capt H. resides in Delphi this State—K ntland Democrat.