Rensselaer Union, Volume 10, Number 48, Rensselaer, Jasper County, 15 August 1878 — A Fow Facts. [ARTICLE]

A Fow Facts.

It Is a fret that up (o 1860,t1x democratic party devoted Its entire eoergies to the sopport of slavery, prostituting the governmenlr debauching the public conscience sad disgracing the national character through s long aeries of years so fail of outrages, of Infamy and us wrong, so stained with crime and with blood that it would be well Indeed if they oould be blotted from the oaUon'e history. Let them bo hold to the record. It is a fact that in the last year of democratic rule under Jstiiea Uuvhanan llio public irmeury was bankrupted in a time of profound pe-ioe, the public revenue squandered, and the public credit reduced so low that the government could with difficulty borrow money for current expenses at a ruinous rule us interest. An net of congress of December 17th; IMO. authorized the issue of 55,000,000 in six per cent, tresrsury notes. Bids for those notes worn opened by Buchanan's secretary of the treasury, when it was found that only sl,uOO.OOO wore bid for, ai d ibis at a rate of discount from seven to thirty-six per cent. The following were the bids: Eighty-five hundred dollars at seven per cent.; 3151,000 at from seven to ten per cent.: $1,087000 nt twelve per cent.; $140,000 at from /w-ehe to twenty per cent.; $.'125,000 at from twenty to thirly-dix per cent. Such was the public credit under democutierule. Let them be held ta the record. It is a fact that when they wero preparing for a disruption of the Union and for war, uftet a democratic secretary of the treasury had bankrupted the national treasury, as above stated, a democratic secretary of war stole the arms that stocked the arsenals us the country and gave them into the hands of imbeds to wsge war upon the government: a democratic secretary us the -interior stole $870,0J0 of .slats bonds belonging to the IndiHii trust fund; nnd a democratic secretary of tlie navy dismantled the only two ships that lie had not sent out of American waters, after having scattered the others to the four quarters of the globe. It is a mutter us recent history that when the democratic party failed to carry the election in 1810 it resorted to nrtns inaugurating a rebellion to suppress which cost the government n vast amount of blood nnd treasure, entailed an enormous debt on the country, caused a universal disturbance of industries, compelled a burdensome system of taxation, ultimately led to the financial evils and hard times we are now enduring. This is history, and there is no escape from it. The democratic party cannot point toone good act, one wholesomo measure, one wise policy, one thing accomplished in the interest of liberty or progress during the last thirty years. When it went out of power the honor oFthe nution was proßtrntc and its credit paralyzed. It was only when it became nppcmnt that the democratic party as a political power was dead, at least for the time, tint public confidence and credit began to revive and the United States to lake the proper place among the nations of the earth. And now this party, whose record is that of ruin, and whoop history is a synonym far infamy, is trying to capture the government, nnd when tiio people are warned against the impending peril it protests agaiost the hardship and wrong of being held to jts record. Cram the fsots down its throat, and whichever way it turns make it face the page of iiistory which shows it to Tss Tht party of dishonesty and dishonor, of fraud and wrong, of rebellion and treason.—lndianapolis Journal.