Rensselaer Republican, Volume 24, Number 45, Rensselaer, Jasper County, 7 July 1892 — Debt and Taxation. [ARTICLE]

Debt and Taxation.

For the decade from 1880 to 1890 the decrease in- the per capita indebtedness,-national, state ■ and local, from $30.73 to $33.37, jis marvelons within itself, but the value of’jwoperty assessed: for taxation increased during the same period from 17 billions- to- 25f billions, or 50 per cent., .indicating a reduction, of debt and an increase o? wealth-for the country unprecedented i in- modern times? yet all this was- done under what the Democrats call “the robber tariff and an inpoverishing. system of taxing people to death.” ' K a debt per capita of $60.73 was to be assessed and paid upon capitalization of 17 billions, how much easier can a debt of $32.37 per head be assessed upon a capitalisation of 25| and yet people say times never - were so hard as now. Buttle facts- are all against, the calamityites anc freetraders. ", *

The editor of • the Indianapolis SenMnel'w ae one of the four Indiana delegates- at large to the Democratic convention. The ■ Sentinel commented! on Stevenson- as a brave soldier. It makes correction from which: it is apparent that the convention-nominated the wrong mam It says: The Democratic candidate for the-vice-presidency was commonly known as “Gen. Stevenson-,” probably from- having been assistant postmaster-general, and for that reason was commonly associatec with the war record of the union soldier. Gftu Htevancnp-. ThVm TV Stevenson—who is also a South, by birth aud a lawyer by profession.. The error \\\ s one of "the sort to which all mortals are subject, and we correct it at once. But the Sentinel can’t, correct ,the greater etror of nominating such a man as Stevenson nor the ! great insult to the Democratic party of Indiana in defeating .with him i» the convention, the greatest of Indiana democrats, Ex-Gover. nor Isaac P. Gray. He hadrvir; tually been promised the second place, in reward for Indianas solid vote for Cleveland, but was butchered so make a “Tammany holiday;”