The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1865-09-21

infiuets mr. 70 '.itso speak Wftheutthe slight
elil resarEe-- l
He then went on to ssy
You have made great sacrifices for your
country You have expended treasure and
blotd m support Of the great principles Of
human freedom, and i bellows that, deeply
as We may deplore the blood which has
q we'd, toe result Of The struggle VIII be to
cement . bond Of union which no future
time wll ever sever. Loud cheers The
NO VI. suYs you have accumulated a mighty
debt. Well, the figures do look large; but
il mey be some consolation to know that
your debt j. not co large s. ours, the dgures
/ being o. eight hundred million pounds
sterling 20 SIX hundred Iaillion pounds iter-
ling. The interest al present VIII be at a
| greater atepi charge 40 your country than
! cur own; utsuchis the enormous extent Of
| your b r. tory, and such rs rapid develop
ment, and hpch, belieye, the self-reliaRt
attitude OF your people, ihnt ne difficulty
will arise in yourg meeting the annual
charge.
our own progress as a nation. was shown
| to be 81 great IN recent speech by Mr..
Gladstone, since The adoption by us Of q free
| trade pDicy, that by the showing Of the
| people thcInssl Ives in their income tax and
| property returns, the increase IN ten years
| hes exceeded The total value ofour national
| debt. Le, nae aiopta 'anIiiiar eNpln natlcn
j Suppose each American spent 90 his dinner
1 one shilling day FOR Q year, Your people
/ would consume as much as the entire ma
| tionai dem yon have incurred. laughter.
Look st The railway whose completion we
are here celebrating. Why, % hhs cost one
sixth Of veur entire national deht, and yet
/ il has been subscribed mainly BY foreign
! capitalists during the period ol your strug
| Gle, and Abe receipts show 1t 10 be q highly
| rsmunerative Investment
1 Again let me refer to smother fact We
| nav in London on cab lire snss omui bus hire
| yearly, IN thai siDcle city, as much as the
/ income and property tax of our entire king
sons sind whom I.look 40 lhe enormous oe-
| velopment end rapid increase of the popula-
| ton and wealth Of your couutry-Whcn
4 look, Dor Instance, al the on districts which
j haye Rassca 10 dnv. where ] saw evidences
| Of unexam led wealth and prosperity on
every side and where cav In one place
lNs,hsn cn the.lst ofl june net pvg a single
Ishshiv had been eIfded, d tbe present
titnf. ID Ae ath of stplenlka-, fur hundred
| nous. iiaishsd and inhabited, two churches
| built. six uks e-tab isaei, two telegraph
| staff MS. and ttc extension of she AuantIc
aad e. eat Western Ra lway, begun only
/ four mostbs since, witt In month OF as
completion say, SRI, VIA, % T. see such facts
81 these, there IS no,lApg n yyour eebt which
| need create anxiety. or make YOU feel that
YOU have incurred responsible ty which YOU
eauno- a urably NEE 7 ave sir, though
We tsunta ~ nfusl q y or,aait the blood
shed al q its lamsutahle Consequences there
b nothing iof you 90 drplore in y0br future.
| Nou u.Ns uuly 10 bass YOUR taxation cQuit8-
! bly. fairly, and m such transFnreutly
honest way Jhst every c.sfs may see that
none are exec ted and O one are unfairly
/ treated. h. true g. yourselves, and thc
4 hheie sven J.a % liot he ERW % appreciate
\ your D sitieu aud 30 y6a-fbl justice. Loud
| and t.rala .LeI cheering