Watchman Suggests Hoggatt Should Reclaim Mileage
The Watchman opines Hoggatt billed 170 miles rather than 180, calling it likely Colonel level oversight. He suggests rectifying by traveling to Washington on Cape Horn to settle the discrepancy.
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Newspaper
Ames Intelligencer
Location
Ames, Iowa, United States of America
Date
Aug 23, 1878
Page
2
The Watchman opines Hoggatt billed 170 miles rather than 180, calling it likely Colonel level oversight. He suggests rectifying by traveling to Washington on Cape Horn to settle the discrepancy.
The note celebrates the nomination of C. C. Carpenter for Congress from the district with broad praise and note that many outside the state also support the choice.
The text argues that taxing government bonds would erase the value of bonds bearing 4 percent interest because the tax would exceed the interest and collection costs, making bond sales unprofitable for the government.
A historical note states Justice Marsmaut held United States bonds and notes are tax exempt because state governments lack power to tax constitutional means used by the government to enforce its powers.
A heated critique claims a political ally urges the congress candidate Hoggatt, accusing him of foolish decision making by running his leg into a threshing machine at the start of the war, calling out profane habits his backer supposedly incites.
The Dubuque Herald lists a total alleged to be stolen by Republican office holders. The figure for Craig is about five times the actual amount. Hoggatt claims to know where a hidden stash is kept, and we urge him to share his thoughts with the Herald.
Paixce Bismanck plans to present four strong Sa iaaceien MacMahon to the chambers to push a law repressing socialism similar to Germany. If Mac Mahon yields, expect strong language. Rumors from Spain speak of socialist troubles in Catalonia and Estremadura.
The article notes that from 1862 to 1877 the government printed greenbacks at an average annual cost of about $255 million and a total of $14.3 million. It argues that greenbacks are a tax on the people while national bank notes cost the banks, not the public, and claims greenbacks have cost about $15 million to date.
The Watchman favors greenback style finance arguing for silver to replace gold with 4124 grains per dollar. It notes the Republican stance shifted after the silver bill passed, and claims Col. Hoggatt opposed the bill yet is urged to run for Congress, questioning the paper’s consistency.
The Watchman accuses Hoggatt of backing fiat money and flat money doctrine. It asserts Hoggatt’s speeches reveal his political stance while the paper, not a congressional candidate, is accused of aiding his campaign.
The Des Moines Register defends State Auditor Sherman amid allegations of misused funds by Fort Madison Prison Warden Dr. Craig. It argues records show only about $52,956.03 spent for convict support over six years, with 332 convicts and 20 warrants, disputing claims of $200,000 misappropriation.
The Watchman questions the credibility of charges against C. Carpenter and notes Craig is accused of stealing $200,000 from the State with Gov Carpenter implicated. The I nTeLLiGENcER reports Craig drew $52,936.03 from the State Treasury via twenty five warrants. The piece questions the Watchmen’s stance and hints at further coverage next week.
A Comesroy of the New Orleans Picayune describes terror along the Mississippi from yellow fever rumors in New Orleans. At Vidalia natives fought the Par goud crew, Natchez saw cannon warning, Delta residents blocked mail landings, and Vickeburg kept deckhands ashore as commerce on the river slowed.
The piece accuses the Watchman of pandering to the Republican ticket and Hoggatt to mislead voters. It mocks the paper for gush and inconsistency, calling for steadier editorial judgment and longer-range vision.
In a college speech Hoggatt linked the Panic of 1873 to a currency contraction. He claimed a total 1865–1873 contraction of 233 million dollars, with 1874 currency up by over 31 million. The piece calls his assertions overstated and misleading.
The argument defends national banks and their notes as circulating medium and tax benefits, countering Greenbackers who claim bonds and deposits burden taxpayers. It argues banks provide stability, tax revenue, and government profits from note printing, urging readers to resist anti-bank rhetoric.
A harsh summary notes yellow fever spreading through the south with fear and flight. Headlines describe Grenada’s pitiful conditions, New Orleans distress, two hundred cases at Vicksburg, panic in Jackson Mississippi, and a large exodus of residents fleeing affected cities.
It took 326 ballots to nominate Hon. Thomas Updegraff for Congress in the Third district. His principal opponent was the sitting member Judge Cooley.
The platform asserts currency value rests on promise and credit, rejects paper money with no intrinsic value as a dangerous substitute, and urges Republicans to oppose theories of communism and internationalism that threaten society and savings.
The piece argues fiat money failed in the Confederacy as prices rose and notes lost value while gold and silver coins retained value, noting both were issued under fiat power yet only coins remain valuable after the Confederacy’s collapse. It suggests fiat power differed between notes and coins.
The Cedar Rapids Republican urges Iowa Republicans to mobilize for a decisive victory, seeking nine Republican congressmen from Iowa. It warns internal opposition factions are weakening and calls for unflagging effort, unity, and careful study of election causes and effects.
The Sioux City Tribune argues that Greenbackers want a congressman who reflects their reforms, not party success. It criticizes the selection of Hoggatt as a candidate likely to defeat Democrats’ goals and aid the Republican, urging Democrats to oppose him even if it means opposing their own nominee.
The piece argues that a wide range of worn-out political figures from both major parties push for a new party, seeking relevance after losing influence. It describes theorists, retired lawmakers, lobbyists, and ward leaders stranded by incapacity or corruption as driving forces behind the movement.
The writer dismisses the speaker as offering no real argument, calling it balderdash and noting crude gestures. Questions arise about the nominee’s character, suitability for public life, and the appropriateness of addressing students in a college setting.
The Register urges Des Moines to back a railway extension from Callanan toward Webster City to capture regional business. It notes twenty miles laid to Callanan, near Webster City, and warns that without funding and bond support at seven percent interest the project could stall, costing Des Moines future trade.
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