, 1864-07-25

the progressive ADVANCE CO o: thfs crsat and ftes
peop;e Ia ITS march up the high plaue OF liberty,
70 =. # % aas
tGreat spplause.t Four years ago a Con-
@ @yenion was held b.. ths racical meu OF the
the loyal men OF The nation, fCheers.j Ofal! the
ner who Sat In that Convention IN the OLD Wig
ena Tsm 90 not believe th.t oue Of tseta hqs ever
hts eLoalee.s. Laughter and applause I do not
sGf1S taat any nan who was in ihst Convection In
~ !. ts At Mteesl IN 1851 tRenewed applanse.l t
they 4oaiE atsd The great and glorious old Abra.
ns% o9-a, Lnfom In that Convention they declared
sGasnst hs extension Of that curse. which wns de-
fM9ueh that city on his way 10 assume his seot
q tIefleent Of the United states. But now see
sir,ore hsr Ct tsst same party In Bal,
~ The blood OF thousands WHO ha1e psrished in
ta var, tney haye at last declared tbs, that instr
tuition shall he ex.irpated from The face Of The
@ eastn lttaptussus appiauae.] II many other re- re.
sp.ess tlts M wa- has been an educstor. Whea our
iaa a1mieh rst s'ared out for tbs purpose Of defend
ohakta states. aid when the South had attempted
!oeaHy out 1fe Infamous principles 1t became tho
ot rns P'iyees ~, In hs No
the heatt Of the rebellion yet, ann shAll utierlY
a, eiasa II: There xas an attempt madc p:s-
tto9sy tha9 wLieh tatd tecause they were afaid
mtre than aIJ other event, and hcC1ei IN i1ronj
g. Ca cneeas., ma4 who had position, OF place
81 e ls Ts' dss nsy wGfF as
tore 'Le eyer Of The A1asr1can nstiou by pursuing
Tor l9nG time policy which ought to d4mo hloi,
n; "n,ea snH %l dan him will not dcta'n you
WIN any eiaooI4te dissc tation uSou this subject
PIT WI! say that ycur Presence here Is suiicIent
20 20 SHOW thF determination OF The American people
u ap e. eztent taat wo9ld atisty the most doubling
Eill protect and defend The United States fiat
ee;a m a1 nGn5 oR III they accomplish the just Sd
Government +1t1 $to+ +S,vL,t, al
nothing left 10 Eight for OF sustsfn: lcheersl e -
roE IL Inc purpose oi earI,lcR on this war there
1nnst DC eonsctp!ioa; there must De means Of
and tsking the places OF those noble boys who
naye lasl down their foFms upon the h..tle leld
an an 70 aa9 ct y9n%E the
cohscIipt1on Law is 8 hard thing; 1t ia to be
W's,ea ;S ,ers nfTef isht be such state ofsocie
her SONS hass been sufficient to MI every quota,
aId we sta1 be able to respond again and again.
call until thus monstrous rebellion shall cease,
l1temenGout applause.1 Tbs conscriptlon In llll-
nale is unnecessarily ,n but an prepared for one to
the Government. We a,e ali citizens Of this c9un-
try, and we sre willing tu Aghr for IT. This con-
seription isa great impeachment upon the last;
so0 caasc. to which we have ali Ind our attention
directed during tht lassyear II IT can be ,urther
improved it mutt be bJ eome system Of clas.iaca-
taken 1t into confederation, and given themselves
and tile people time to think well over 1t, they
might have framed 4 law whicn would hare snited
themselves better and suited us better. But as IL
II pared We Wilt obey it.
But my ireuda there has been another thing
Thlch Eas become nec. ssary ln eonsequenee Of
people scarcely know what taxation Is. We
scarcely knew what Government vas except from
The blessings It scattered around Us. but this
has made Immense taxation necessary. We have
been subjected to a seriea OF assessment and tax
alton unknown to ns before; rich and poor, old
m
have said 70 theGoveEnmsat ''laJ on tae !axes aud
Is another Glars Of men who saY that we cannot
ee11y on this war; they said At thezontset that
We sonl9 no, .sS sGsice Tbs rsSslon a9a that
could raise funds at the North, that ne could
not enlist men, and that IT WAS utterly Impossible
for Us TO suhdne this rebellion 1t is almost two
subject. The prowess Of our troops. the Gallanty
aud teroia1n which they have displayed. has shut
tbelr mouths upon that subject. and 1hey have
We haye displayed our ability not only to conquer
it, int to keep every lout ne havo taken. How
clearly 1t Is written that Grant with his victorious
hattements Of kichrnond, Or 4 soldiers grave
ehall ne his. 1t is written IN the character and
he1Sism Of cur soldiers. and We fear not that it
aha1t be realized. We have filth In our soldiers.
We believe In their ability to achieve all that we
bare erer expected Of them: (checrs-! Bat these
men have now changed their tactics: they say that
although we nsy succeed in oveEtugnfn1 the re-
btlloD, we cannot pay the debts contracted BY the
var. This te q matter or very serious nature.
snow that this debt of ours Is hccunuatiug at
more than tie rate Of 4 million dolisrs q day.
When we consider The number Of dollars repre-
fentcd by those figures. meu's minds are appalled,
with LOOKING upon It but neveEtheis1s M We win not
war. think thst the great American people will
support me in saying tnat 1t Is right n carrying It
T.
wnr and we mnet psrsevere, mud victory must and
will be ours. Bnt my friends we can do bo.h; Ne
men ~ We emit pay he debt. I eau demonstrat
It to tho most ordinary comprehension that II Is
possible for The American people With I'll their in
thonch the expenae. increase fa*ter than ever be-
fore 1t is possible for them to fight II ont in the
For The purpose Of satlsfsing ,ou upon the sub
jecs, and 20 that the Intelligent men Of this
conmunity may understand It., J desire to
TO rase your faith, and figures will psovc tkst We
account 10 The last cent Nov let nc call your a.
shown that the debt per cent ID proportion to the
property Of thie naton Is no greater than thst Of
etsef pa1ione, you viii be willing to eay TINT we
det Of this country. which ~ its present rate Of
accumulation will be two thousand six hundred
million dollars on the 1st or Ja1uaEy, 1866 fs no
%as. 'hay te "a 'of ct oeo: xhas 81 81
we esy to these men who are continually saying
The figures viii prove that thing; We haVeA right
to take the ccnsns Of tho people md from the ratio
q I'll s. e onI q pe n3e
yonr st.enton to rome OF pro2ortIous. The debt
ofthe United States in 1,iG was one hundred and
twen.sseren million dollars; course tha. is but
n II. TT n
debt IL large only in comparison with the ability Of
a man 10 pay II. The value Of the property In 1s18
a ratio Of seven and seven ons;hnndsedths
per cens on The sn.ount Of property. Yoa eau car
= on 9 s9 e aa qs
thc it q January. 1865, thsn1 il was then onthe
twenty * billions Il doanFs; he tehf. aowtas
fnI m Increase at rne greater than ever before,
will be two thousand Six hundred millions, which
the property Of th!a nation, snppoaing the war to
continue a8d the expenses to continue up to that
period, Do you eall man bankrupt who
eniy i ten @ psr eent of hi bis 1esoussss;
1a q nations Certainly rot, my friends. Tho
debt Of 1G was ana
The debt OF January, 1866. will be but eight and
gre o ihild Per cert upon essty man, woman ,a and
sud yon I were rieh. prosperous. and hsppy dulins
We, then. pay this debts Wecan and will do 1t,
iThe spsaEer quoted from st.tisttc., table pre-
pared by himeeli, showing the above facts IN ex-
teuso. We have not space for It here; will be
could form aud make i comparison Of the debt
Of Great Britain in the eame way. The debt Of
1916 bore ratio Of &orty one and fourteen one
country. Ours win only be sixteen ind twothirds
Ss g n :2S se9 sbsa 9ae Vii
iehtened tho most fertile IN Invention and in cx-
fation-who will tell us that We cannot pay 3 debt
twothrds per cent to The property of The nation,
while other nations go on and flourish With de5te
he hsee ea.ss tmes @ Ghsss snams
another thing to which vii cali your attention.
another way. fon viii fud ne speaking iua man:
desire to aiye Jon . foundation on which to base
Jour faith In The ability Of the people Of America
to carry On this va, and 70 pay the debt caused
anybody else. lThnndesing applanseI Now It TOOK
sixty millions OF dollars to ran this Government
upon pease footing at the time that Buchanan
lively than il eser was vas before. And let ua rs admit &
that 1t will cost one hundred millions to run this
Goye.nment nron peace footing after The war is
1866 the debt viii then be t.cnty:six hundred
mihons. Our plan will then be to take about
for the purpose Of the trade Of The eouu-
uy. That will cave interest. upon 10
much to the Government. and 1t eaves 1t
10 Jou and me. CONGRESS-, however, must drive
Wild cat banks and shix plsstess on. Of existence
(Lheers, laughter, and spplause:} Thai IS one Of
point at which public sentiment will compel o9r
rulers to do #, and may that time speedily
hundred millions in Hreenbacls. That will leave
rs funded debt OF two thoasand millions OF Dol,
lsrs, the interest upon which will be one hundred
dred millions, and you have two hundred twenty
million dollars to fdlee before you can apply any