Ant i.4 4.filoputrussulitA • •tZfr;l,-..',.e.' ; gmfioCv ii.Oentmta. WEDNESDAY, JULY 29, 1868 ron RunitoZtvr: HON. HORATIO BEYMOVB, of Now York. FOB VICE PEESIDF , NT: GRN. FBAHg P BLAB. Jr., or •Missonri. FOR AUDITOR GENERAL: CHARLES X. BOYLE, of Fayette cOunty. FOE SURVEYOR GENERAL: Gen.WELLEIGTON 11. ENT, of Columbia co FOR THE CAMPAIGN ! THE LANCASTER INTELLIGENCE% VERY LOW BATES..-GET up CLUBS The publishers of the LANCASTER IN TELLIOENCER, persuaded of the importance of the present political campaign, and of the necessity for the introduction of a Democratic newspaper into every house hold, have determined to do their share towards securing this result, and will issue the WEEKLY INTELLIGENCES for the Cam paign to Clubs at rates which will barely cover tho cost of production. The importance of the political contest in which we are about to engage cannot be over-estimated. Every principle which is worth preserving in our Government, is at stake in the coming elections; the people must be taught to see the importance of the vote which they will be called upon to cast, and every effort must be made to thorough- ly inform them as to the nature of the issues which aro to be decided. This can be done in no other way so effectually as through the medium of a good newspaper, which will come weekly into the household, and every Democrat who has the welfare of his country at heart should use his utmost ex- ertions to secure the constant reading of e Democratic newspaper by every voter be tween now and the election. We will aid them to the extent of our power by furnishing the WEEKLY INTEL IMEKCEIL a first-class journal and one of the largest in the country, for fhe campaign, at the following very low rates: It will be seen that when ordered in lists oir7s copies, the price is but forty cents each. The Campaign INTELLIGENCER will be sent weekly from now until after the November election as follows: Por 1 copy $ 75 col les 111 do .. 20 do .. 30 do .. 50 do .. 75 do .. SEND ON YOUR CLUBS AT ONCE, US WO cannot undertake to supply back copies printed before the order is received. The money;9nust accompany Mc order. Address of ❑ie Democratic Ntate Com- DEMOCRATIC STATE COMMITTEE HOOM:i CLEARFIELD, PA., J uly 21, 186. J Democrat! of Pennsylvania THE HOUR FOR WORK HAS COME! Wo earnestly invite you to organize for victory. Attention to details, persevering energy, organization and discipline will bring tri umph to your principles. Zeal and perseverance in every Democrat, and thorough organization in every locality, are the true roads to success. Superficial effort, noise and parade are valueless. The stake is a mighty one, and must we won by systematic work and bnsi- nessliko energy. Pennsylvania is the battle-ground. At the October election the enemy will make their most determined contest. You occupy the post of honor—the van guard of the Democratic'army. You have proven your ability to carry the State: and individual effort, faith in your principles and courage in their maintenance now, will enable you to count your majority by tens of thousands. The drift of the tide is toward you; the evidences of changes aro abundant; and it is apparent that the political revulsion now in progress will end in the utter overthrow of Radicalism. Let us labor to &servo so propitious a result. We invoke you, then, to energetic action, to close attention to the details of your or ganization, to the formation of clubs, to the conversation of voters, to the enthusiastic support of your candidates—Seymour, the statesman, and Blair, the gallant soldier. Let us recognize in their names the sym bols of change, the representatives of hatred to radicalism; and extending the hand of tellowship to all who will aid us in saving the Republic, Conservatives and Dembcrats will move forward under their banner, as a flighty phalanx, united, determined and irremstib,e. Let yuur warfare be aggressive. Defend !lowing. The Radicals in power are re sponsible for the unhappy condition of our country. Charge upon them their extrava gance and their crimes. Demand of them au account for your treasure wasted, your Union not restored, your race degraded, your business destroyed and your Govern ment prostituted. Let your rallying cries be, A GOVERN MENT OF WRITE MEN ; EQUAL TAXATION ; ONE CURRENCY FOR ALL. Organize! Organize! Organize! To work! To work I To work! By order of the Democratic State Com mittee. WILLIAM A. WALLACE', Organize! Work !! Harvest is about over, and now la the time for Democrats to organize for vic tory. The good work can not be com menced a moment too soon. Let an efficient Democratic club be started in every Election District in the county 'without delay. Every sign of the times points to a glorious victory and the re demption of the nation from Radical misrule. Rut ithe battle can not be won without a full muster of our forces and perfect discipline in our ranks. Re member that Pennsylvania is the battle ground, and that the October election will decide the contest. The time grows short, and the great work which is to be done must be commenced at once and prosecuted with unremitting en ergy. Then, Organize Clubs; Circulate Netespapers ; Prepare for Township Meetings ; Enroll (he Voters ; Appeal to the Beason of Your Re publican Neighbor; Organize ; Agitate ; AND VICTORY IS SURE Do not wail for your neighbor to be gin the good work ; but begin it yourself —and that immediately. Colfax the Koow•Nothlog Schuyler Colfax went through all the depths of degradation in Know-Noth- ingism. He was an active member of a subordinate council in South Bend; member of the State Council of Indi ana; and a delegate from it to the Na tional Council. These are facts which can not be disputed. The Radicals do not and dare not deny them. Yet this fellow has the assurance to expect foreign born citizens and Catholics to vote for him. No one of them not en tirely lost to self respect can do so. "NO perversion of truth or audacity of rale reprebeLtallou can exceed that which halls this candidate In arms (Grant) as an angel of peace."—P. P. Mai". CONGRESS has found no time to at tend to a reduction of the large standing army which is costing the tax-payers one hundred and fifty millions a year. How much longer are we to be thus burthened for the support of shoulder strapped idlers and all the useless re tinue of a vast military establishment, for ,which we have no use in times of peace like the present? Is it not about time for 't a new deal ?" _ : ' : Congress dies bard. White . I tem spur!). it. It gives riliep to *F.,grewind says, 1 . 1 Come,"%elp*l" e.i. , i t , ---- IT Is supposed thiOpld Phpro bbit fi . ' 0 * is e 4, explanation of nan• vie -., will be addressed 3e, •Tal.lk eyge , banker &o. , -''' , :.i . ''' ••, ~.., ' THE Radicals are willing to drench the land again in fraternal blood. They seek civil war to prevent a fair and free election. _ GENERAL HANCOCK has written an able letter, fully endoisingthe nomina tions of Seymour and Blair, and pledg ing to them his hearty support. MR. PARTON, the popular author, believes that the coming man will not be a drinker of whiskey. He does not name Grant,but we take it for Granted he means him. CANT John Geyger, banker, get-up another correspondence with Old Thad in regard to finances ? It would be very Interesting just now. Let Mr. Geyger try it. SAD.—To see how the Radicals of this county are trying to pull down the de formed idol which they have worship ped so long. They are a set of remorse less iconoclaste. The new rebellion will array the peo ple of the 'United States against two hundred thousand real negroes and two hundred white negroes in Congress.— God save the Radicals if they bring on more war, for the people won't save them. THE Radicals in the United States Senate not only sat until 2 o'clock. on Sunday morning, but held a session on the evening of the Lord's Day. Suc thing was unknown in this country until they obtained control of the gov ernment. WHILE the Radicals In Congress are getting up their new impeachment plot against Andrew Johnson they might as well include the next President ana Vice President, Horatio Seymour and F. P. Blair, in their Indictment. It would save trouble, as they are bound to be elected. THE New York CI ty riots were brought on by the reckless, blundering insolence of the Republican Administration, who stirred the public passions to fury at the time when the city was stripped of its local troops ; and the conflagration thus madly kindled was extinguished by the vigor, energy and address of Governor Seymour. THE leaders of the Republican party do not intend to accept Thad. Stevens' interpretation of the Chicago platform. They denounce his speech most bitterly. livery one of their papers assails the "Old Commoner," but he strikes back with vigor, and says they are "some of them half secession, and more of them in the pay of the bondholders." Mr. Stevens knows them well. 3 21 b 00 II 00 15 00 22 50 30 00 THE negroes of the South are to be furnished with arms from the arsenals of the United States, and Grant and his followers are to marshal them in a war of` extermination against the whites Such is the plot which has been devel oped in Congress. Some few Radicals tried to protest against it, but these were not equal in numbers to the newly ad mitted carpet bag members. IT Is a matter of congratufition that the voice of Lancaster county next fall will be unanimously in favor of paying the funded debt of the Government in paper money. The Republican leaders will not be able to prevent Mr. Stevens from being nominated for Congress, and, therefore, payment in greenbacks will be the platform of the candidates of both parties, and will receive the unani mous support of the people. IF no other way can be devised for extracting a full explanation from Old Thad. we suggest that Col. Samuel Shock open a correspondence with him. Something must be done to relieve the township politicians from the distress ing muddle they are in. Let the gallant Colonel rush to the rescue, and that without an hour's delay. Charge, Colonel, charge the Old Commoner, pen in hand. A conclave of Republican leaders gathered last night at a certain Print ing office in town, in earnest consulta tion over Old Thad's apostasy. A great deal of harsh talk was indulged in and the opinion expressed that the old man had lost the Republican party in the State over 20,000 votes. It was resolved that an effort should be made to take off his Congressional head by the well known processes of Thuggery. MESSRS. Mann and Hazelhurst hav ing declined the nominations for Dis trict Attorney of Philadelphia, Charles Gibbons, Esq., has been nominated for the office by the Radicals. The greatest disorder prevailed in the Convention, and the aid of the police had to be called in to preserve tlo peace among the beligerant factions. Mr. Gibbons is a man of ability, but his defeat is a fore gone conclusion. WHAT nothing else could accomplish the carpet-baggers have speedily effect ed. When they began to come out with their maiden speeches, Congress resolv ed to take a recess at once. The whole Republican party was thrown into a tumult, and it was seen that the utter ruin of the organization would speedily ensue if those follows were not prevent ed from making speeches. We have to thank them for the recess. Chairman JOHN BELL of Tennessee, candidate for the Presidency in 1800, is still alive and well. He says he hopes to live to vote for Seymour, to see him elected, and to die a freeman. He, with the best white men of the gallant State of Ten nessee, has been reduced to a condition of galling slavery under the brute Brownlow. The Democratic party in tends to see that white men be made as free as the negroes are, in Tennessee and elsewhere. IT is gravely proposed by the Radi cals to furnish United States arms, at the rate of one thousand to each Con gressional district in the South, to arm the negroes for a war of races. Will the white men of the North vote to make Grant President after that? If they do, they deserve to have the coun try plunged into a war more horrible than that through which we have pass ed, and they may expect to see it come without fail. OLD THAD. does not forget that the New York Tribune openly advocated a dissolution of the Union in 1861, and that it was supported by many less prominent Republican newspapers. These Radical journals he denounces as "half secession," and at the same time declares there are "more of them in the pay of the bondholders." How can the masses trust to the guidance of such journals? Let them order them to be stopped at once, and take honest Demo cratic newspapers instead. THE. so•called reconstruction policy of the Radicals has prevented a restora tion of the Union, and now promises to inaugurate a war of races. There never can be a return of peace and prosperity until the requirements of the Constitu tion are faithfully carried out by a wise Democratic statesman. The election of Horatio Seymour would settle all these vexed questions at once and forever. A great majority of the people know that, and are resolved to vote for him irre spective of former party associations. IN Democratic times the Navy De. partment cost less than thirteen mil lion dollars a year. The average cost of it during the past three years (years Of profound peace} has been over fifty millions per year. The only service performed by the establishment at present consists of a series of j unketings through the waters of Europe, where royalty is royally entertained by Ad miral Farragut with the most loving expenditure Of the public money, which is wrung; from the inasseshy oppressive taxation .T.13g 4 .71: -. Q.A5T.,:r47 ...'::,..‘;',.7.,.,34EiN1:Mr..::..ii,.;:i....." Rau the Negro Government Stand?, The ma* Lion at ivfne betweiit ti4W 6 4ootiOat o tiAo4 43 4v4Rl thngatuvo z destiny thtiW.ePtth ll °. is iVidefig,,Ws, shall the Negr - ,ccontrod thi,govainnentpfig te1 1 4 3 n40 8 of 4110 t`Union,Sad through, thisle - "Elect&id . votes and Congressmen; hold the bal ance of power in the country? With out the sanction of the people, against the mandate of the Constitution, and by the arbitrary exerciseof military power, Congress has established Negro State governments in the South. This action of Congress , must now abide the, jndg ment of the . American people, and the question is;:pha4 .the Negro govern mentsetMid or Gill ? The Itadiel& contend that it would be revolutionary -to subvert these gov ernments:- The Democracy say that it Was rei•olationary to create them, and that they - ale void; The Radicals refused to permit the Supreme Court to pass judgaient . npon them. The Democracy, appeal the, people. The Democracy threaten no vfolenoe, butlnvoke the de cision of THE BALLOT. If that decision should be adierie to ihe NegnirState governments,. it will remain to be seen whether any party will 'resist the will of the people. The party venturing upon such -reeistaipe will be alone re sponsible •fer the .aanseiluences But , , • the recent-example of the fate of armed rebellion against the 'decisions of the ballot box,,alptda'llttJe encouragement for resistance, and it will not be at tempted. The ,peoPle 'thoroughly understand that the effects of the Negro State gov- . ernments are not confined to the South. Nineteen negroes attended the Chicago Radical Convention as delegates to nominate candidates for President and Vice President of the United States. Thus negroes are already helping to name our chief Executive officers. Con gressmen elected by negroes are now making laws for us of the North. Sena tors chosen by the Negro legislatures of South Carolina and other States are confirming and rejecting nominations for office, and passing Acts over the President's veto. The appearance of the negro at Chicago foreshadows his speedy entrance into Congress. If all this is acceptable to the people of the North they will so declare at the ballot box; if not, they will unquestionably declare otherwise. Recent elections indicate that the people of every Northern State outside of New England, are opposed to confer ring the right of suffrage upon their own negroes. We believe that they will apply the same views to the govern ment of the South. They will not im pose upon the prostrate South a system of government which they spurn at home. There is an irrepressible conflict between the governments for white men at the North and negroes at the South. Either negro suffrage must be establish ed in the North or it will be extirpated in the South. The Northern people would not tolerate slavery, although it did not directly affect them. Neither will they tolerate negro suffrage, al though it may not immediately operate upon themselves. The conscientious voter who rejects negro suffragT here, knows that it would prove a far greater evil in the South, and will reject it there, If negro suffrage is bad for the North, it is infinitely worse for the South. And if, according to the claim of Congress, the Northern people have the right to interfere with the State governments of the South, they will exercise their authority not in favor of, but against universal Negro suffrage.— At any rate they will take care that Federal authority shall no the usurped to inflict upon the South a system which is detested at tne North. "0130 remedy Is to use the publie money to pay the publle debt. It is a simple, brief, but cart al ti remedy for our national malady. Our ailment is debt, aggravated by despotism."- Beyniour. Why Congress Takes R • eess. Some of the moresagacious and decent of the Republican newspapers, are alarmed and disgusted at the, conduct of the carpet-bag adventurers who have been admitted to represent the Southern States in Congress. They see in the wild and revolutionary disposition of these ill-bred and ignorant fellows great danger, not only to the Republican party, but to the country. It can be said, to the credit of a few Republican journals, that they are not ready to en dorse every outrage which is proposed by the Radicals in Congress. The New York Times especially has distinguished itself by candidly speaking out in de nunciation of-some of the more desper ate schemes of the reckless men who lead the Republican party. It is much excited over the acts of the men who represent the Southern negroes in the Lower House, and insists that Congress can not afford to remain in session if these revolutionary reprobates are left unmuzzled. We pity the Times, and were it wor thy of it could pity the Republican party. No political organization could entertain any reasonable hope of con tinuing to exist long with such a set of representatives before the public. The alarm of decent Republicans. is well founded. If Congress does not adjourn or take a recess before the despicable creatures who have sneaked in from the South get a fair chance to ventilate their revolutionary ideas, Grant will not carry a single Northern State. That conviction, in the minds of the Repub lican leaders, renders it certain that we shall see precious little more of this Congress until after the Presidential election. It will hide itself from the sight of the people, and the members will occupy themselves In a vain effort to prevent the people from carefully scrutinizing their acts, by prating about the war which is over, and the military glory of a man who is utterly incapable of comprehending any of the great political issues of the day. Congress is in a bad tlx. It dare not remain in session, and dare not adjourn. So it taks a recess. WE have seen the mischief wrought out by the policy of the past three years. It will be as hurtful In the future as It has been In the past. Yet the Republican party has approved It and Is pledged to it."—o'cyinour. General Blalr's Letter We publish in another column the excellent letter of General Blair accept ing the nomination for Vice President. The Republican press has been making a great noise about the alleged disposi tion of General Blair, in case of his election, to tumble the present Con gress, neck and heels, out of doors, if it does not behave itself. Conscious that it deserves this fate, it is fearful that its just deserts will overtake It. But the Democracy is a party of law and order, and accomplishes its ends at the ballot box. Its platform declares that the re construction legislation of Congress is null and void, and if .the people elect the Democratic candidates, they will endorse this opinion; and if, in addi tion to this, the Supreme Court at the next session in December likewise de cides this legislation to be unconstitu tional, as the intimations are that it will, the Reconstruction acts will be wiped from the statute book. As it Is not to be presumed thatthe Republican party will resist the decision of the Su preme Court and of the people, no ne cessity will arise for the use of violent means for the protection of the rights of the people. " WHEN we give value to our bonds by - using the money di awn by taxation to the payment of our debt, and not to the military and negro scheme, we shall relieve the tax-payer, the bill-bolder, and give strength and virtue to the claims of the public ereditor."—Seymour. THE infamous bill to distribute arms among the white Radicals of the North and the black Radicals of the South failed to become a law for want of time. The tariff bill goes over until next ses sion, if not longer, and so does the New York P,ostoilice bill, and the Sandwich Island treaty. Belo B,Frage 04e. e pl t iiffoorof thalairo of ape *int* d„Wilnctityaisepe gigir thin' of NOgro Sniiirage at, the*uth.; 7 l— betteen them lnyoj* thp4iieetind of Negroali'f frvrge at the North. In'view of the his tory of the past few years, no unpreju diced mind can doubt, that the electicn - of Gen. Grant would be followed by the establishnient of Negro Suffrage throughout the country by congrea 7 sional enactment:, ' . I The Radicals have not adhered to a single platform, orldedge.since.3BBo. Their platforms have been' written to gain elections, and We 'eleetions being won, the PartY hai'Pursned its tion. In stiplicit of. this assertion we need scarcely mention the guaranty of State rights in the Radical, platform of 1880, and its :shameful violation; nor the Resolution of Congress unanimons ly adopted after the first battle of Bull Run and its utter repudiation; nor the 'Fourteenth Amendment to the Con stitution, .which concedes the control of suffrage to the States, and the Re construction Acts of Congress usurping the disposal of'the ballot in the South. To ascertain what the Radicals are likely to do after an election, we must not consult the platform, but the wishes of the party. And in this respect what are the wishes of the party? Within two years the Radicals have endeavored to force Negro Suffrage upon Connecticut, New York, New Jersey, Ohio, Minne sota, Kansas, Wisconsin and Michigan. They are now attem,ing to thrust it upon lovia and Missouri. •They have enacted it in Teinessee. Within ten years past they have endeavored to in flict it upon almost every Northern State. Their Governor has dared to speak of it in Pennsylvania. Their press advocates it everywhere. Every Radical newspaper in this county is committed to Universal Negro Suffrage. In the teeth of all observation and history their Orators assert the absolute equality of the black and white races. They maintain the capacity for self— government of a race which has never I supported a civilized or organized gov ernment of any kind. Their 'legisla tures thrust blacks into public convey ances with whites. They 'place black and white children together in public schools. They compel white parents to send their children to negro schools. They require every voter in the South to swear to accept the equality of races under pain of disfranchisement. Con ' gress dictates negro suffrage to every new Territory organized in the North. And Congress makes Negro Suffrage a fundamental condition of the reorgani zation of the States of the South. There is now pending in Congress a Bill to give the ballot to negroes through out the North. It was discusszd within three months, and only postponed be cause Mr. Spalding, of Ohio, declared it would prove "the death knell of the party at the Presidential election." It was then not defeated, but recommit ted, and now remains in charge of a committee to await the resu:t of thp Presidential election. If that is favor able, the bill will be promptly reported and passed, aye, and enforced at the point of the bayonet. No dispassionate observer of recent events can doubt the correctness of this conclusion. For opposition to this bill Mr. Spalding has been defeated for renomination in the Radical Convention of his district. What sane man can need further proof to convince him that the leaders of the Republican party intend to force uni versal negro suffrage upon every North ern State, if they succeed in the coming Presidential election? It is so clear that he who runs may read. "Tna peace to which °rant Invites ue Is the peace of despotism and death."—P. P. Blair. Gold 113 After the battle of Waterloo the paper currency of England steadily improved in value until it became equal to gold. Three years agothe price of gold in this country was 125. Under the Radical mismanagement of our finances in these three years of peace and plenty, the market price of gold has advanced to 143. More than Fourteen Hundred Alit lions of dollars have been extorted from the people by taxation- since the close of the war, yet the national credit has declined, and the premium upon gold has increased. What is the effect of this advance in gold? It simply reduces the value of the greenback dollar in the same pro portion. The frugal citizen who has saved his greenbacks from the end of the war, finds them shrinking in his hands. He who three years ago lent his greenbacks to his neighbor, finds his interest consumed by the advance of eighteen per cent. in gold. He has more paper dollars now, but they are of inferior value. They are losing their purchasing power. They will not buy as much gold, bread, meat or clothing as they commanded at the end of the war. The owner of real estate may imagine that his property is advancing in value because he can get more greenbacks for it. This is a delusion. Property has not advanced, but greenbacks have de preciated. The house that commanded $l,OOO before the war must now bring $1,430 to save its owner from loss. The farm that brought $l5O per acre eight years ago, must now sell for $215 to keep its proprietor even. Such are some of the consequences of the partial repudi ation of private debts inflicted upon the country by the issue of legal tender notes. These legal tender notes are now themselves repudiated by the party in power. Every legal tender note con tains an unconditional promise of the Government to pay the bearer a certain number of dollars, and the Radicals impudently repudiate this promise without a why or wherefore. Yet these Radicals raise a hypocritical howl of Repudiation when it is proposed to pay the bondholders in the precise sort of currency received from them. The Radicals have compelled the people to take greenbacks for gold, and they now intend to force the Government to pay gold for greenbacks. They keep ex cellent faith with the bondholders, but treat the rights of the people with con tempt. The Constitutional Amendment. Secretary Seward has issued his proc lamation declaring that twenty-nine States, being three•fourths of all the States, have ratified the proposed 14t amendment to the Constitution; and , that the same is therefore a part of the Constitution, unless the subsequent withdrawal of theirassent to the amend ment by the States of Ohio and New. Jersey was legal and valid, which ques tion he does not feel authorized to de cide. As the best legal opinion is, that these States had a perfect right to withdraw their assent to the amendment at any time before it had received the ratifica tion of three-fourths of the States and bad ipso facto become a part of the law, we do not think that this amendment has as yet become a part of the furida mental law. If, however,, it has been adopted, it establishes the equal civil rights in all the States and territories of citizens of all races and colors and pro= claims all persons born or ,naturalized in the United States, citizens .thereof; it establishes a new system.of represen tation in Congress on the basis of suf frage, leaving every State free to adopt a universal or qualified suffrage,limited however to males above the age of twenty-one yeaxe, thus , excluding women and children-in-arms. It pro— vides further that certain .rebels shall be disqualified for office, until relieved by a two third 'vote of each House of Congress; that.the national debt, shall not be questioned and that all rebel debts and claims for slaves arenull and IJIGkWOER, W3M75. ge , 1868- 1;4%7' liadleal 11.0061117.' n ..I*(cy#llo4l3al Cant abelP 0 tatb.Ntf4iondholdera is it' orgictsiVand absurd. At th ery Ortn of the war Congress Lital Act whin p backs' übs tuts for coin the yi went of ()Ohl. This wanton violation of the light of property immediately struck off the face of every State, com pany, and individual obligation. the difference, iletween, the. yaWe r lf... 14 4 11 .fd 4 i44i.lit s istWeatt . , e credits of the people to the extent of the depreciationtian . , • rency. Under:lts Olietatlidi baiithicti3" made in gold and, payable gold.w.ere liquidated:lo , o4a atAiMizatrwariti but; 40 cents on thallollar. - Bidleal legisla tion thus compelled creditors to accept $4OO in full satisfaction for,slooo. Radii, eels everywhere haStened to avail themi selves of the advantages of the nefari-. ous Act. None of them 'dreamt of paying, in gold when they had the op =- portunity to pay in paper. It made no difference to them that theirobligations expressly called for the payment of gold and raper money of the United States. It was enough that they could pay hi' depreciated paper. They universally did so, and thereby repudiated parted their private debts, After the passage of the Legal Tender Act the Radicals paid not only the principal but the interest of their indi vidual debts in paper, notwithstanding that their obligations called for the ment of principal and interest in gold. Railroad, canal, insurance and trust companies, banks and savings institM.• tions, managed entirely or mainly by Radicals, paid in • paper the principal and interests of debts for which they . . received 'gold and promised to pay gold: All the State governments in the North, then under the control of the Radicals, paid in paper the principal and interest of loans for which they had received coin and' stipulated to pay coin. Penn sylvania and New York, indeed, for a short time after the passage of the Le gal Tender Act, made a feeble effort to pay their interest in gold, thereby ac knowledging their duty to continue to do so; but the premium soon became so inconveniently high that the Radical legislatures of these States, like all the rest, struck their colors and settled in greenbacks. And about twelve months ago the Radical Governor and Legisla- . ture of Pennsylvania paid the whole funded debt of the Commonwealth in legal tender notes, although the State had received gold for every bond, and the Legislature had - expressly promised to pay gold for every bond. Besides this, the Legislature of Pennsylvania for years taxed the bonds of the State I like every other description of property. In view of these facts, we repeat that the opposition of the Radicals to the payment of the principal of the five twenty bonds in legal tender notes is hypocritical and ridiculous. Their course in every other similar transac tion shows that they entertain neither principle nor scruple on the subject. Their attempt to burthen the country with the payment of these bonds in gold is merely a bid for the political support of the bondholders. It is an un- scrupulous effort to purchase the aid and influence of money lenders and capitaf ists at the expense of the sweat and blood of the laboring classes and tax payers of the nation. 'IN order to curse the Booth with military despotism, negro rale, and disorganized labor add industry, they (Congress) cursed the farm ers of tne North vzi , h taxation, the mechanics with more hours of toil, the laborers and pen. stoners with del ased paper, the merchant with a shifting standard, and the public cred itor with o dishonored rind tainted national faith."—Seymour. That Press The Express seems to be excessively annoyed at our casual reference to the current belief that Mr. Stevens once gave it a press, and very elaborately de lee that he did so. Wegive our readers the benefit of its denial of the state ment, which was founded upon the re port prevalent among the people and which we have never heretofore heard contradicted. It may be interesting to refer to some circumstances which hap pened years ago and which were the foundation doubtless of the impression which prevails in the community. At the time when Mr. Hopkins was nominated for Congress against Mr. Stevens there was a good deal of confu sion in the camp of the latter, and a good deal of apprehension as to the ex tent of the defection from his standard. The Examiner, under the control of Mr. Darlington, went over to the support of Hopkins. The Express for some time remained neutral, and then suddenly became a strenuous advocate of Mr. Stevens. Somewhere about the same time, the Inland Daily giving up the ghost, we understand that Mr. Stevens purchased a press with the view ostensibly, of start ing a daily paper in his interest, but soon gave up the idea, if he ever really entertained it, and his press passed into the custody of the publishers of the Ex prem. If we have been wrongly in formed as to this matter, Mr. Stevens can readily correct the error. The people at any rate got it Into their foolish heads that Mr. Stevens had given a press to the Express.— It was openly talked about and can scarcely have failed to have come to the ears of the editors of that journal, and it is a little singular to say the least, that it is not until after the lapse of these many years, that they deem it worth while to contradict the statement. The, Express need not get up an as sumption of virtuous indignation at what it probably considers an attack upon the independence of its journal ism, inasmuch as it has not yet seen fit to notice or deny the more than insinu ation which is contained in the follow ing question published editorially in the "Lancaster Inquirer" not long ago "Does it, (the Express,) remember a certain occasion about three months ago, when the finances of its managing editor were said to need repairing sadly, and the local gave one, only One, excel. lent piece of advice to the Legislature as to who had better not be its Speaker?" We do not pretend. to know what this question means, but it certainly merits from the Express as savage a denial and challenge of the Inquirer to its proof, as an intimatiod that Mr. Stevens once gave it a press ! "THE next election will turn upon (Mit:loca tion : Can the Congressional partysucceed, in their efforts to excite and array the industrial and money interests against each other, or will these unite and torn out the authors of the mischief under which they are all suffering." —Seymour. Something For Soldiers To Remember. Soldiers should not forget the munic ipal election in Washington city. There every vagabond negro, who has been supported in idleness by the Freedmen's Bureau at the expense of the tax-pay ers, was gladly welcomed as a voter, and no questions asked; while white sol diers were turned away from the polls. The law of Congress giving the soldiers the same right to vote , as the negroes, put them on an equality; but, because• they were ready to vote for decent, con ,servatiVe - White -men, the Radical election officers refused to receive the ballots of White soldiers, and a Radical Congress sustained them in this grois outrage. Thus a Radical Mayor was foisted upon the people, and crobOlderied by their success, thus unlaWfully. ob tained, the negroes indulged in a bloody: riot, beating white men; and killing two with razors. This is the Radical plan of suffrage. A vote'for ()Very miserable negro who 'will support Radical candi dates, and the db3franchisement of white soldiers who chose to vote for white men. ettlie soldiers of Pennsylvania remember this when they are asked to vote for Grant, who ls thatnere dumb tool the men who enitet.suotilaWs as that to whioh welave'referrod.. Tette — Fet fkaddene Sto7 . 6n. -' - ' - ;;;;-.400 7 ' 514 i)f- ielkl Eg en . - the ,e* letter . ...ni • 4. ~ ,;, : w Y,. . .m • . '-; .- b n _ Li Del ." 0 e. • .' nipa, ofiltieen." , :-t vox is n - the atiarce' .. so much comment. It will .doubtless be read whir iaerdst, but not without pain by his triends: Hones 07 BLPHSILICHTATIVZB, Wainuawrois,.D.Z., July 23,1808.1 - Dear Litr I have not declared for Seymour sod Blair, only:leo expect:to. I hlndintindlerSorn o ave only declaiyal nave tabiles Lezitoetitioofoudfalsehoodgasto my ]pcoltlonlipon the currency question. Woenllsma , =ria s a if iiA i tifQ inlifitiottero fellows P 3 ' 1 4' 148 it . ; Eire capitols of. Much.ing. I 'shall take care and' protect-the payenclnint Usurers 'try every 'man - PokYsildreCeiviatjust iocordiyig hls. ciencraes, "E4'EVERS. We cannot helpeikeselng the hoe lkat -when he acquiniathe.requisite strength to give the histoiy here promised, -Mr. Sts. vans will findlt consistent .with his views' of , propriety to avoid the : distinguished. Characteristics. °fibs above letter. For a person,to :assert , that,his .opponents in an argument are.fools ,arid_ swindlers, , fur nishes mioyidence:either of his own wia 7 dom Or tin strength of his poSition. It wilt be that the,Ezpress able to draw-very little.consolation from Mr.' Stevens' letter. Evidently our neighbor is afraid the Old Commoner will turn his sarcastic tongue upon him. The terms " fool and swindler" have terrors , for the editor of the Ex ,, prem.. So he crouches at the feet of the terrible old man and begs for quarter. Whether Old Thad. will be merciful to the poor creature remains' to be seen. 'We await his forthcoming ' history of this matter" with, no little curiosity. , . "WHAT now lengthens the time of toll 7 If we were free from any form of taxation, direct or indirect, six hours of work would earn as mochas ten do now.. Une boar more ol work ought to meet a laborer'sahare or the cost of government; another hour - should pay his share of thenational debt. He now works two hours More each day than he ought, to pay for the military and negro policy of Congress and its corrupt schemes."—&yntour. An Interview with Old Thad. On last Friday two Republican edi tors of this city had an interview with Mr. Stevens at his house in Washing ton. The old man was not only per fectly firm in support of Mr. Pendle ton's plan of paying the flve-twenty bonds in gieenbacks, but he convinced one of the gentlemen that his position was right. We have that from his own lips, and hereafter we may expect to see at least one Republican paper in this city honestly advocating the adop tion of that plank of the Democratic platform. It will not be the Examiner, nor the Express, nor the Inquirer. An examination of the law creating the live-twenties would convince any hon est man that Pendleton, Stevens, and all who stand with them are right. The proposition to pay bonds in gold which are only required to be paid in greenbacks, is an infamous fraud which will never be submitted to by the tax burthened masses. A Queer Argument In Favor of Grant The New York Herald has been silent on the political situation for a week. It has quit prophesying that Grant will be elected. Its last effort in his behalf was a singular one. It said: Seymour and Hoffman, the Tammany candidate for Governor, are both Puritani cal in their notions, and live upon cold water and weak tea. Hoffman, we believe, did attempt a glass of lager at a German meeting during the campaign of 1866, but was compelled after drinking it to go home to bed and send Tor his family physician. GRANT ON THE OTHER HAND, WOULD SCORN TO DRINK WATER WITHOUT SOMETHING IN IT. That certainly is a singular argument to advance in favor of a candidate for the Presidency, but it has the merit of truth. We commend it to the serious attention of all straight out temperance men. They ought either to answer it or to refuse to vote for Grant. Which will they do? Increase of the Public Debt Forney's Press has the following special telegram : The public debt statement to be issued on the 31st inst., will probably show an in crease of several millions of dollars since the last statement, issued on the 31st of May. On the first of July about twenty eight million dollars in coin, to pay the semi-annual interest on the five-twenties and bonds of 1881, and over seven million dollars in coin, to pay the principal and in terest on the bonds of 1848, were taken from the vaults of the Treasury; hence the amount of coin on hand is much less. The payment of the income tax greatly en hanced the receipts from internal revenue during the months of May and June, but there has been a decrease this month, while the custom receipts will be about the same as usual. On the 31st of May the dbbt was $2,510,245,886.74, and it is estimated that when all the returns are in for the present month, the increase will not exceed five or six millions of dollars. So we go on—paying such enormous taxes as never burthened any people in the world before, raising vast sums of money to be squandered in the vain at tempt to set up negro governments in ten States of the Union, and to keep in power the most corrupt set of swindlers that ever fastened like leeches upon the public treasury of any nation. Since the war ended more than a thousand millions of dollars have been . wrung from the sweat and toll of the laboring men of the nation, only to be expended in the most extravagant and reckless manner by the Radicals whose tool Gen. Grant has consented to become.— Month by month the national debt in creases, and the burthens upon the toiling millions of white men grow heavier. How much longer will they consent to be the bond slaves of such unfeeling taskmasters? They have the matter in their own hands. The ballot box is still open in the Northern States, and white men are not yet disfran chised that negroes may rule in Penn sylvania. In October and November the masses of this State must record their verdict. If they 'desire a change they can have it. Let them think be fore voting. The Feeling In Business Circles The New York correspondent of the Philadelphia Ledger says : The inflammatory tone of the speeches in Congress with reference to the Southern Governments and the Southern electoral vote is causing a very uncomfortable feel ing in business circles, increasing as it does the prevailing distrust of the future. Great regret is also expressed that Congress, in stead of taking a recess merely, did not ad journ, as usual, tat December. To reas semble right on the eve of an exciting Presi dential election, Republicans as well as Democrats apprehend, will be but to foment past agitations. If the business men of the United States desire to see a renewal of that con thience which is absolutely essen tial to their prosperity they must unite to put down the revolutionary Radicals, who are urging their desperate and de structive schemes in Congress. All sagacious business men see and feel that their interests are being constantly im perilled by the - fanatical schemes of the leaders of the Republican party, and the consequence will be a complete political revolution in the cities and large towns of the country. WE understand the Radical leaders have fully determined to set up a can didate for Congress against Old Thad. If they do he should appeal to the peo ple under the Crawford County System, and we should then see whether' the masses of the RepubliCan party would vote for 'paying according to the con tract, or of paying bloated epeculatore twice the amount agreed to be paid.theni, and of taxing the people to death. l, That is the way Mr. Stevens puts the proposition, and his position will_be impregnable if fully understood, A CHANGE of 36,000 votes in 1864 would have-elected General McClellan president. This change was required in the States of Conhecticut, Indiana, Maryland, New York, Nevada, New Hampshire, Oregon, Pennsylvania and Rhode Island, or an average of four thousand votes in a State. Since that time the States of Connecticut, Mary: land, Oregon, Pennsylvania and New York have become Democratic, and Indiana and Nevada will be at the next election. The Democrats have there, Tore the game in their own hands. They go into the contest to win and will win in spite of all opposition. PreParYli / 0 1'. a Wariv el; T van .. have &MAT : Initof the • . paz 4a Co likely to riOad. tniZ?"s. 4-- They are keekTese Ilt • • alarm ing, ifuditive r holdly ' nitia tive in measures of a revolutionary character. Not only do they-demand the ;immediate impeachment and re moval of the. President, but they have united in an effort to arm the negroes of the South, with the avowed purpose of maintaining the supremacy of the - bliiek eve/ bir - Micirof aims., On Thursday - Most - exciting debate on this sulijiicetia'ilice in the Mouse, and the disci:odon, was such as foslarm even.Wishbeinanlinther Rad icale..l:Dming.ltne,ontindzince an Out spoken - fellow;Deweese,nf•North Car tains; admitted r that the negrn'gpvern:: mont cOMA not . be SpetaltiedA 62012th except, by irayonets; and the other ad ventuVergrom the South coincided with him in that hellef. Only' one voice from the Southern States was raised: gniest the infamous propositipn,of transferring Unitedinatea a r ms to the hands of the , negroes, and - the - desperate 'whit e men who are anxious to inaugurate a wai,of races with all its attendant horrors.— Mr. Boyden, of North Carolina; astrong "Union man was thee only advocate of moderation ftom that section. He said: " Ur. Speakei, I inn alarmed at the con dition of the country. It is proposed to send arms to North Carolina, that the people may use them against each other. Great God! We cannot afford to fight each other. 'KEEP AWAY YOUR ARMS! DO NOTHING TO IRRITATE OUR PEOPLE, BUT DO EVERYTHING IN YOUR POWER TO ASSUAGE AND HEAL THE EXCITE MENT THERE. We want no arms. I WARN THE HOUSE, THAT IF ARMS ARE SENT THERE WE WILL BE RU INED ;we cannot live 'there. If we need anything in the way of arms in God's name send an army of the United States there, but do not arm neighbor against neigh bor. There never was a more mischievous Measure than this proposition to arm one class of our people against another. Washburn, of . Illinois, was alarmed at the temper which the Southern ad venturers exhibited. He saw how much the chances of Grant were likely to be damaged by the recklessness of these desperate men, and appeared to deplore the course which was being pursued, without having the powei to check it. He urged his party friends to act with moderation, and said: I tell gentlemen to beware before they pass this measure lest it is not an incitation to civil war and insurrection in those States. The Southern revolutionists may not be able to inauguratelhe contemplated war of races before the Presidential election, but that it will inevitably come unless the people of the North defeat the Radicals this fall no one can doubt. Let the people remember, when they go to the polls, that the only. hope of re storing peace and prosperity to the country is through the triumph of the Democratie party. " Wino( we stop the waste which forces us to pay a usury of ten per cent, land take up a course which will enable us to borrow money upon the rates paid by other nations, we shall add to the dignity and power of oar Union."— Eryinour. • An Unfortunate Poetical Quotation. The N. Y. Tribune undertakes to ap— ply the following lines of Tennyson to General Grant: Ab t God, for a man with heart, head, band, Like some of the simple great ones gone, Forever and ever by; One stilt strong man in a blot snt land, Whatever they call him, what care I Aristocrat, Democrat, Autocrat—one Who can rule, and dare not lle. A more inappropriate quotation we we have never seen in print. If the Tribune had meant to display its can didates faults in the most glaring light it could not hays done so more effect ually. It is well known to the world, that Grant uot only dare. 4 to lie, but that he has done so in such an open and shameless manner, as to cause all hon orable men to despise him fOr his utter want of truthfulness. He stands before the country convicted of lyiUg with a de liberate purpose to deceivß the Presi dent, who is his superior commanding officer. No one doubts ttuit he lied.— Thaddeus Stevens and other leading Republicans openly admitted it. After the testimony of five members of the Cabinet no one could doubt .it. It is plain that Grant is not the style of man to whom the poet alludes. He is not only a convicted liar, but when he declared that he would liave no pol icy of his own, 116 showed that he was not the man " who can rule:" His ut ter stupidity and entire want of ability to comprehend the great issues of the day, is shown by his talking horse when these are alluded to. Never since the world began, were any people asked voluntarily to elevate to the position of ruler, one so completely destitute of all the qualities which fit a man for such a position. He was forced to rretire from the army, on account of the most dis graceful acts committed when drunk; he failed in every thing he undertook in civil life, partly because he was an invet erate and confirmed drunkard ; he suc ceeded in the war, but did so by the most reckless sacrificeof his soldiers; he agreed perfectly with President Jdhnson and supported his policyuntil the Hadicals of fered him the nomination for President; then be deceived his supericir comman der by lying, and consented to repudi ate all his former views, and to become a mere puppet In the hands of such dis reputable political tricksters as Wash burns and Forney. Tennyson had no - such dishonored and corrupt adventure as 11. S. Grant in his eye,*no such pliant tool of mean and selfish demagogues when he wrote the lines which the Tribune quotes. They might fitly refer to the grave and thoughtful statesman, the pure-hearted and noble gentleman who is the nomi nee of the Democratic party, but when applied to Grant they are only full of the bitterest irony. THE Radical journals are fast aban doning the tone of bragadoclo which they adopted upon the nomination of Seymour and Blair. It was only put on for a purpose, and they are now ad dressing their readers in words of truth and soberness. The New York Tribune admits that the Presidentlall contest will be a very close and stubborn fight. Other journals of the same class use singular language. The New York Sun says : Even with a Democrat so pronounced and donepicuous as Gov. Seymour , and with the ltas judicious and attractive name of Gen. Blair thereto appended, and even on the issue of overthrowing the reconstructed State Governments, if the Republicans imagine that their victory is sure, they en tirely mistake the temper of the times and the prowess of their opponents. The foreshadowings of a Democratio victory are encouragihg, and show how wide-spread is the defection in the Rad ical ranks, and how complete the apathy which prevails. Let the Democracy perfect their organization and victory is sure. "Pr (peace) will come with the election of the Democratic candidate, and not with the elec tion of that mailed warrior, whose bayonets are now at the throats of eight millions of peo ple In the' South to compel them to support him as a candidate for the Presidency, and to submit to the domination of an alien race of seml-barbaricms men."—P. F, Efair. In a Muddle, Truly. The ApresB says the Exciminer is muddled; and wants to irtiow how it can abuse Democrateas repirdiators and swindleriii, and yet omit to apply the same epithets to old Thad., Who thinks precisely as the Democrats do on he " bond question ; " arid how . can up hild as a leader of its party and as a candidate for Congress, a man who, ac cording to its own di:left-Me; is a swind ler and repudiator. These are pertinent questions and put the Examiner in tight place. It will have to rub up its logic add see whether it can not find a small hole to get out of, as disinterested observers of this family difficulty, and with the lights at our command, we inJoline 'to believe that the Eiaminer I in a mud dle, truly. It does not re•cline 'on a bed of roses, and we think had ,better de cline to have anything more to say about swindlers, dm Stevens *DIY Itepaatated. The Lanaititskinqutrer mere out spoicrazialtireatidemnatioarof Thaddetus Stevens'"spieelkan the payment of the bonds:thria eithi of the other Itepubli• csmoperWs#cliy The Examiner shoWed a *Magness from the first to concede thiS l ol4 man a renomination, and the Express, bitter as has been its denunciation of him, had an article of a truckling character last night, which is in marked contrast Mita former ut terances. The Inquirer 'does-tnot .Iso mince matters, but boldly repudiates litr:ErfoiVeUitiad In a two . O°IOMA - editorial it reieis% speechAti,deCticludeSaa,fbliowsi Bat Afr.Bieeens: • elected , and alletali/e0 by this Neinshlican party as the represeata. live o 1 this district, not only openly en domes tbe'Pendleton theory of payitig the National debt in greenbacks, but threatens -in case his party does not agree with him, to go over to the enemyand ass is t in the elellon of the Copperhead candidates, "oven thebgb a worse man than Seymour beaded the ticket." Under these circumstances we are conl strained to say that he not only misrepre sents, but Insults, the Republican party of Lancaster county If the party believe in the Pendleton the ory of paying the 'National bonds, and be lieve with Mr.l3tevens,'that all other ques tions are._ subordinate to this, the shortest and easiest way for them to'aeximplish the desired result is to go over to the enemy, and do their hest to secure the election of Seymour and Blair. But they do not.— With thenithe question of Reconstruction, and measures growirg out of it, are supe rior to all others in the present contest, and while they can tolerate differenees on mi nor subjects, they cannot, without a saCri fice of self-respect, silently permit a-mem ber of the party iu high official position, to belittle and degrade its leading principles. The eminent services of Mr. Stevens in the past, his heroic devotion to the cause of Liberty and Justice, and his long and faith ful public services cannot and will not be forgotten ; but the principles of tho Repub lican party nre superior to any individual or individuals. and however reluctantlywe may be forced to the conclusion, we are compelled to say that it cannot maintain its self respect except by an open, complete and total repudiation of tho position he has assumed. It gives no pleasure to make these re marks. We are in the midst of the most important political struggle in the history of our country, and filo complete unity of our party is a most essential element of success. But in this case there is no mid dle ground- Either the position of the party must be.abandoned or thut of Mr. Stevens repudiated. For ourself, and in behalf of the aruest Republicans of Lancaster county we select the latter course. In another part of the same paper are printed twocommunicatlons from prom inent Republicans, one a soldier and the other a civilian. These are even more outspoken than the editorial re ferred to, as the following extracts will show : Charity led us to suppose, at first, that the story was a huge joke upon the gullibility of credulous readers, but we are no longer at liberty to credit the supposition. The painful conclusion is forced upon us that our tune honored leader has spiked the Union guns on the eve of a groat political campaign. After such a speech—so unne cessary and uncalled for at the time—he would deserve the thanks of Republicans by going over at once to the Demouracy. Better an open enemy, than a conceatdd foe who stabs in the dark. The Republican party has borne a great deal at the hands of Mr. Stevens. It has showered honors thick ly upon him, despite his insolence and in gratitude. When he makes the bold an nouncement that he stands upon the In famous Democratic platform of repudiation, the only thing left for the Republicans to do is to repudiate him. And yet, this man expects the Republican party to re-elect him to Congress next Oc tober! Hitherto, on account of his years, his great services and his admitted ability, there has been a tacit understanding among the people of this county to allow him to spend the remainder of his days at Wash ington, and die in the harness. His recent utterances have rendered this impossible. From• the present time forward, he sails with the Democratic party under the black flag of repudiation. How can any Repub lican consistently vote for him in the face of his late declarations? In what attitude will the Republican party stand if it sends him back to Washington with such a speech upon his lips? By supporting Thad deus Stevens, we endorse the Democratic platform. By supporting Thaddeus Ste vens, we support Seymour and Blair. By supporting Thaddeus Stevens, we commit ourselves to the infamous doctrine of re pudiation. Fellow Republicans of Lancas ter county, are we ready to do this thing? Are we ready to sell our principles and our honor to the beck of Thaddeus Stevens? The time has come when Thaddeus Ste. vens should be taught that be is not the owner of Lancaster county. Ho no longer represents the sentiments of the Republican party in this district. We join our faith to the skirts of no political leader, however venerated he may have been In the past. When a public servant is false to his pledges we cast him aside. It is our duty now to select a true and tried Republican from our ranks to fill the place of Thad. Stevens. He himself has forced the issue upon us. Any representative Republican of years and ex perience can be nominated and elected. Thaddeus Stevens cannot be, or I much mistake the tone and temper of the Repub lican party. Thousands of Republicans will remain neutral, rather than vote for him on the shameless platform of repudia tion of the pledged faith of the nation. That Mr. Stevens will abandon the position he has taken no one who knows him can expect. He will stand by the doctrine enunciated so broadly and boldly in his speech. We suppose an effort will be made to nominate some one else for Congress, but we do not be lieve it will succeed. The truth is the Radicals of this county have not the backbone which is needed to emanci pate themselves from the thraldom of the domineering old man who has been their master so long. He will eventu ally drive all ,the discontented and factious into his support, and we shall yet see the Inquirer uniting with the Examiner and the Express to re-elect him in spite of his speech and threatened support of Seymour and Blair. There is not manhood enough in the party to lead us to anticipate any other result. Here, as elsewhere, the guiding principles of the Radical lead ers are just seven—five loaves and two fishes. Give them a chance to fatten on public plunder, and they will vote for negro equality, or for any other obnox ious and hurtful doctrine. If they repudiate Old Thad, we will take back • what we have just said, and admit that there Is some some manhood and bon ty in the party ; but we are sure they will act just as we have predicted. " THE whole guestton is brougut down to this Clear point: shall we use our money to pay our debts, relieve the tar-payer, make our money good in the band of the laborer or pensioner, and help the bondholder? or shall we use lt,to keep up military despotism, feed idle negroes, brew, down tbeJudiclary, shackle the execti • tive, and destroy all constitutional rights."— Seymour. Another Veto of the Bieedmen's Bureau. On Saturday the President sent to the Senate the following veto of the Freedmen's Bureau bill: To the Senate of the 'United Slates: Believing that a bill entitled "An act re lating to the Freedmen's Bureau, and pro viding for its discontinuance," interferes with the appointing power conferred by the Constitution on the Executive, and for other reasons which, at this late period of the session, time will not permit me to state, I herewith return it to the Senate, In which House it originated, without my ap proval. ANDREW JOHNSON. The Senate and House both passed the bill over the veto. The people will have to take this matter in hand at the coming elections. Unless they defeat Grant they will be heavily taxed for an Indefinite period to keep multitudes of negroes In idleness. THE negroes of the South will vote at the 'coming election with the men who employ them even more fully than they did in Mississippi. The Radicals know that, and are resolved not to count the votes of the Southern States for President. The people of the North are ready to settle the matter, however, and Seymour and Blair will have so large a majority in the Electoral College, that the Jacobins in Congress will not dare to thwart the popular will. WE notice that the Democracy of Washington county, this State, have nominated Dr. Alfred Creigh for the Legislature. We congratulate the De mocracy of that district upon their wis dom in placing this gentlemali in nom ination, and predict fdr him a vote sufficiently large to insure his election. Dr. Creigh posesses all those quali ties of head and heart which constitute the true gentlemen, and he ,will make an excellent member of the State .Leg islature. The pearl fisheries recently discovered in Western Australia extend along the coast for one thousand miles, It 'is stated that over sixty tons of pearl oysters were dished up in December last, and sold Tor csoo per ton in gold. t ~r t~~`~(,. I== Thaddeus Stevens' LalturA Aube (Ogee. While ouißadlOal Aikidos's anx ions- IS Waiting for . Thaddeus Stevens' prom ised explanation of his late speech on the financial question, we have con cluded that his celebrated letter to John Gyger would prove to be entertaining reading for them ; and, as they always ' look to the Inielligencer:for the latest news, both general and political, ,we` will gratify them by making • some copious extracts from the document re ferred to. In • reply to an inquiry from Mr. Gyger as to what kind of money the 5-20 bona - would he paid in, Mr. Stevens opened his letter as follows : . "Dear Gyger—l shall not hesitate to an awer the questions which you have pro posed to me according to my poor ability, although I know that I thereby Incur the risk of sharp and frivolous criticisms by able New York editors, whose age's scarce ly more than eighteen years, and who will probably discover in my answer evidence of old age and decaying of intellectual pow ers. Of all this lam myself conscious, and only regret the pain which It gives those youthful gentlemen to make such delicate suggestions. But as literary pride has never been among my aspirations, I will not venture to smother the free intercourse with my neighbors in advanced ,life." , • He then went on to say: "I have not approved and do not now ap prove of the financial policy .pursued by our government ibr the last six years. I think we bays thrown away our billions, and are still throwing away our millions, by mismanagement. • You are a banker, and a sound one ; but you are making more of the United States through the national banking system, as is every other man who has adopted it, than you ought to make. This may appear dog matical; hull am only answering the question which you have asked me.' He gave the following account of tho origin of the 5-20 loan, showing that Con gress did not Intend to commit the Govern ment to tho payment of the principal in coin. The few first millions needed to equip our army and navy were easily borrowed, for our government had a very poor and shut lew idea of the intensity of feeling of tho independent beligerent with whom we had to deal, The next loan of *250,000.000, was readily taken by the Philadelphia, Now York and Boston banks, But when Con gress assembled the banks complained that the Treasury had so placed their loans. by aggregating them in the deposit banks, us to render them, the lenders, unable longer to pay coin for them. They, however went on and paid them in currency at some dis count, which I think, cost the government some millions of dollars. Still, tho Treasury was soon emptied, such was the enormous draft upon it for war material. Inquiry was then made of bunkers and brokers by the Committee of Ways and Means, of which I happened to be chairman , as to the prob ability of obtaining a loan, and at what rate. The answer was discouraging, and did not giveusreason to hope that wo would be able to obtain sufficient money to carry on the war at more than eighty-five per cent., with interest at six per cent, on the loan. The committee were unwilling to take eighty-five per cent. principal and ro• calve the loan in a depreciated currency, which would have probably brought it to seventy-fivb per cent. Two of us, Mr. Spaulding, of Buffalo, and myself, were in favor of issuing notes of the United States and making them a legal lender, but re ceiving them at par for all transactions with the Government, believing that they would pass at very nearly par for all the supplies of war material which the Government might need; as all demand, both by the government and Individuals, for anything but legal tender, would thereby be taken away. No reason could bo seen why, to the extent of the de mand in this country, which proved to be nearly the whole, they should go much be low par. They would answer every pur pose for which the farmer, mechanic, mer chant and manufacturer desired to purchase material. We remember that In England for most of the time that specie payment was suspended her bank notes were nt about fourteen per cent. discount. After having repeatedly attempted to perdue e loans at a lesesum than what in coin would be about $.lO on the $lOO, we urged the Sec retary of the Treasury to give his consent to offering a loan and issuing therefor United States notes and making n legal tender. To this the members of the com mittee agreed, but the others, together.with the Secretary, decidedly refused their con sent, as he (the Secretary) had very con sistently done in his report. Tho commit tee waited, again consulted the moneyed men of the country and found that no largo loan could be obtained in coin except at a most ruinous price. They again impor tuned the Secretary for his consent, the com mittee having become a tie. A bill for the issue of $100,000,000 of legal tender had been drawn and offered by Mr. Spaulding, and was allowed to remain in that position till February, when u Democratic member of the committee, reserving the right to vote against it, consented that it might be reported. In February, after severe oppo sition, it passed the House and was sent to the Senate. Tnen nothing was said about the currency in which either principal or interest were to be paid. No one, I sup pose, doubted that the loans of the United States of every description were payable in the money of the United States of every description ; but to change that aspect as it regarded a portion of the fund, the Now York money changers again made their appearance, Jew and Gentile mingling in sweet communion to discover some cun ning invention to make in a day what it would take weeks for honest men to earn. They went directly to the Committee of 'Ways and Means, and asked that the interest should be made payable in coin, leaving the principal as it was. The committee utterly rejected the absurd pro position of two currencies—two legal tend ers—in the same empire and for the same commodities. They bad once heard of such a transaction in Austrian bonds, which ut terly destroyed their credit. Tho brokers then resorted to the Secretary of the Trea sury. He was more easily persuaded, and, it is understood, went with them to the committee of the Senate and pressed the change. The Finance Committee of the Senate agreed to it, and sent it back to the House with that amendment. The House rejected it, and the consequence wean com mittee of 'conference, and as some bill was necessary it resulted in the present law, making the debts of the United States, so far as regarded their interest, payable In a different kind of a currency from the debt itself. One of the House Committee pro posed then, in order to raise a sum suffi cient for that purpose, that the duties on imports should be paid in coin. That pro position prevailed s and the result was and is that the intere.'t on the national loans and the duties on importations are payable in one kind of money called legal tender, and the principal in another kind of money called legal tender, but made of a different material and of a different shape. Thus, as any one can see, that Congress declared that while she created two kinds of money she had made them of unequal value and for different purposes. He used the following strong language in reference to the assumption that the bonds are payable in gold: It is but just to Mr. McCulloch hero to say that he does not pretend that the principal of the five-twenties (as his late letter shows) is payable in coin, as the bonds are silent upon that subject, and as that conclusion is excluded by that very silence. It is just, also, to the Democratic party to say that when the question has been discussed In the House no lawyer among them has set up such a foothill pretension ; and when the bill was on its final passage the question was expressly asked if the chairman of the Committee of Ways and Means, and as ex pressly answered by him, that only.the interest was payable in coin. But every instrument speaks for itself, and when it is always made payable In money, which means the legal tender of the country. I fear, however, I am elaborating this point, ad nauseum, unless a newspaper editor or a country broker can enact laws and niter wards enforce them. There la nothingshort of the sheerest folly In this argument, and it will not be persevered in by those who have *aliment strength to carry them genteelly over the "asses' bridge." Nay, more; I fear that what I am going to state may set New York editors and brokers upon a dangerous rampage amid the flowery fields and gold en images of Chiriqui and Golfonto; and yet I shall venture to say that if the United States chose to be faithless enough, eho could tender and pay not only the princi pal, but the Interest in legal tendeis, al though the latter is expressly contracted to bo paid in coin. The law of legal tender means this or It means nothing. Let not this alarm any one, for no nation short of the basest Asiatics would ever think of such an act, however capitalists might ask trustees, guardians and administrators to violate law and their sworn oaths to double the revenue which the public debtor is to pay them. When Mr. Stevens came to discus the method of liquidating these bonds he took ground precisely similar to that oc cupied by Mr. Pendleton, thus going fully as far as that distinguished Demo crat ever went. Indeed there is good reason to believe that the "able writer" alluded to is Mr. Pendleton himself, in asmuch as we know that in a conversa tion with a prominent Democrat of this county, Mr. Stevens expressed his full belief in the soundness of Mr. Pendie-. ton's position, just before the letter ad dressed to John Gyger appeared In print. Here Is Mr. Stevens' endorse ment of Mr. Pendleton's plan in his own words *. Various methods are suggested to redeem he five-twenties in currency. One very able writer suggests a loan in greenbacks to their amount, so that afterwards the greenbacks may be redeemed with the others. If we are satisfied that there is not more than a sufficient currency to do the business of the country together with its probable increase, then that would• be the . proper method, without inflating prices as a counterbalance to the saVing. Bat if it is believed that the present and prospective business of the country would fairly absorb an amount large enough. to redeem these bonda as they become due, and not inj mealy Increase the bush:miss, theios thetruti way would be for the gosezumettli toilet*" legal tendfmiequakto:the'snibuid4ebtioun