Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1863-04-22
speech of Hon. =. :. Cox, a, Chicago.

gefher be interest OF Democrats u equal %
thu; Of Republicans. in The unity and value Of the
Reppblc. II the vessel goes down, our freight
our homes our all. i whelmed By the same
food. We. Democrats. pay the same taxes. owe
The SINE allegiance Republicans Tf are
Lost. are the Repsd lcsns We are al in the
SINE boat. though row With different skulls.
Why then this idiotic deuunciation 81 Democrats
a. dsioyal
When violence IS done to our laws AMI liner
ties. all feel u. Our vigilance and erticizm u
necessary. IN time ike this, when war tends To
accrandIze power II has come 20 this NOW.
that security 70 fife. liberty. and happiness = the
execution 1t the South aud violence Is the rule
The same result j. threatened North But he
dm not despair The Union foundations re
mainei though the fabric VAS partially shat
tered by revolution. Revolution in the South
was open; in the North il was insidious. The
one makes bold j.. designs and bare rs arm Of
treason; the other tales the dangerous form Of
patriotism and strikes AZ our constitutional vigor
and life. In this chaos OF violence and DOUBT
the mind turns toward the Democracy party
ever jealous OF the encroachments Of power
which ever took reprOach 10 avoid disuni0n-
which guarded State rights. while il dcied for
cign dictatioD. The speaker looked upon the
Democracy as the only hope Of bringing about
the reunion Of this discovered land. They would
do il by the action of the States under the Con
stitution, aud In National Convention. In ali
their conduct they would adhere 10 the law. IL
the laws made recently 20 Cypress them and
break the Constitution were declared by the
courts to be illegal. the Democracy would stand
by the courts; and IN defense OF the law inter-
preted by them they would dire all Ii the laws
were wrong. they had the ballot TO reform them;
and il the attempt be made to sreSt that power
from them. they would defend it with their lives
So long the war WAS conducted for the main
tenanee OF the rightful authority Of the Govern
meut thew gave il their means their men, and
their whole heart. When IL was perverted, they
entered their protests and will continue 10 pre-
test because such a warfare brings disaster and
disUnon. Every day of failure shows il The
Democracy were IN favor of all Constitutional
ways % reach the old Union. They op
posed to any peace with disunon: opposed to any
which would bring disnnior. They in
favor of irving reason 10 reach the hearts and in
teresis OF tire recusaut,. rs well rs force. Force
atone would prove utterly futile. All the act- o.
the recent Congress seemed designed to prolong
and cmbttef the conflict They we're IN derogt
ton of the traditions and Institutions Of this
land Therefore they fail. They failed to unite
the North; thew served Only TO unite the South:
they revolutionary and seditOu>; aud
Democrats "a the Constitutional Opposition,
will and do Genounce them
Mr. Cox discussed the confscati0n bills, the
proclamation and the conscription law, the III
these matters at length. In speaking of the fiscal
measures of the late Congress- he charged that
the immense banking system Of Mr.. Chase
partisan scheme, that II Was part OF plan TO
control all the interests of the country from
Washington centre. He opposed this con
soldation of the Government. and defended the
rights of the States. AS properly interpreted
they neither lead To secession or Abolition On
the financial question, Mr. Cox said:
AS | WDull not Mace i'm the hands of ono
man unlimited control over the muscle OF all the
militia OF the country, so neither would trust
Salmon 7 Chase, or any one else. with all the
money and money making Of the country. Yet
this Congress has done it. They have not even
had the grace to follow precedents. and trust the
President with the power To issue Treas ury notes
Search as have all the laws from June 30. 1872
to the act of Dec D. 1851. and ia these eighteen
acts. by name the President is to issue; but under
Mr Chase's auspices as chief fiscal clerk to the
President, beginning with the art of July IL
lc6l. the Secretary of the Treasury is made
the trustee OF this immense power. Ii is power
that no man can. ought to exercise. Millions
hundreds OF millions of his greenbacks fill the
land; bonds. "a bOundless MS the wish of Fortuna
tus. ut his disposal: machinery is authorized
to be fixed in the Treasury for the engrav-
ing and printing of these paper promises: the
centres Of trade and the circumference of
commerce NAV be rocked and startled, ut the
will of this Prospero of the green Of
money
Taxatiou, to the amount of $50 900 900 per
year, gathered bv his thousands of paid collect
ors and subordnates. depletes the people aud fills
his Golfers The estimates To July l. 1863 were
estimated by him at S,sS 600 600. and to July
1864 81 100 900 0uO aud the actual appropriations
were near two billions Connected with this i'm
receipt and disbursement, is 4 system of
banking, based on his bonds. more extensive than
make Jackson's bones wrlthe in their >epulchre
Who l. not enamored OF this splendid Govern.
mentg How millions play before the eve where
hundreds were once seem What government
of strength IS this where once was scarcely felt
or known? What ample corkage now holds the
anchor of the ship. where silkeb thread
playel with the el>y vessel which never strained
it, sossamer ilml How nearly we appro sch
with our standing armies. by CONSUMPTION, our
grand debts our magnificent banks. our dictate
rial assumption of fower. the monarchies Of Eu-
rope Russia and Turkey are free: France and
Austria are constitutional; England and Italy
are a wild democracy compare with this new au
tocraiic system At Washington
And i this creature OF Congress, this incon
ver,ible paper money. used to p1y all dehfsl
All, no. l. will do for the soldiers aud the peo-
pie 1t di not answer To pay the four million
debt of ISlI. ar the interest ON the public debts
lid for these Paner will do for the people bur
rot fer the Custom House: and whv1 Gold is
NO TN premium of 81 cents and. To pay the
cut ms in coin. II gives that much more Of
protection TO the monopolists and manufacturers
OF New En- .land. This deSpotism Of purse and
sword at Washington Is held together by the co
he>ive power of public plunder do not mean
the plumber of the millions 10 j)bbers. flvorites
contractors for clothes. and shoddy. shoes guns.
shiTs and mules: though these are rank with the
corruption OF shameless officials. do not mean
the ready min ions which those who bask in Elk
ecuti,e favor receive for their nsttery | do not
mean the promotion given to the lackeys OF pow
er over the soldiers who have undergone the
hardshpS of the field But mem that system
of scandlloUs ftvoritiSm promoted by the tariff
which j. gradually imnoveriShing the West, 10
elut the pockets of the New England nshobs |
did my part T. expcse this inequality OF TX ition
in Congress. especially n it bore upon the West
For this | was met wish abuse from every igno.
r nrecho OF the Abolition mercenary who pub.
lisled newspaper in the West But | am e-
termined the people West shall know IT, whether
il makes them love New England or not af-
fra that the high tariff combined with m iucon.
vertible paper currency. do favor the New Eng
land manufacturers enormously. their enpr
nous profits vouch; and that these profits are
sucked oat of the veins of western ud 4strv. The
bounty 10 the manufacturer should be estimated
IT the point where he fabric goes into the hands
of the retailer AZ that point the cost under The
p,per btss i s219 which gives a protection Of
I the under ne