Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1867-08-14

tional bank currency. Upon the legal-teus
der you pay no interest; upon the national
bank note you pay six per cent. on the bonds
upon which it is ISSUED, and a good deal
more, too. There is bank in Hamilton,
near where live that recently declared a
dividend of siXty-o one per cent. Who pays
that exorbitant profit? You pay .itI-the
people downcst Hamilton payit. Look at
the circumlocution there is about it. Here
is bond issued. Men get hold OF it and
start bank and commence issuing eurren-
cy. This note in my hand says: @The Ma
tional Bank of New London, Connecticut,
will pay So on demand" It will pay, will
it? No, it won't. That's a lie right on tue
face of it. Pay in what? In this-this
gold? No indeed. No, that was under the
old Constitution, which Thaddeus Stevens
says is at an end. He issues these prom
ises to pay and gets interest, six per cent.
in gold on his bonds. Now the Democratic
party of Ohio proposes that instead of this
icircumlocution we shall. wipe out the ma
tional bank currency, and the Government
shall issue its own currency and save annus
ally twenty millions of interest now paid to
the national banks. would like some Re-
publican editor to answer that argument
and show why what I have been suggest
ing should not De carried out. Will any
one have the audacity to tell me there is
justice ins paying, out twenty millions of
dollars year for national banks, when we
that amount. These national banks are
paid twenty millions year for supplying
currency, which is payable in another
currency only. We have $3.50, 100000 or
greenbacks and S300,000,000 of national
bank notes. All want is that instead of
these two,rwe have $660,00Q000, of green
backs. Here itis--a greenback. 1t has not
got Lincoln on it, by way of insult, I sup
pose, it has the goddess of liberty on it.
We had her in old times, different look
ing woman. There is an old-fashioned
goddess Of liberty zon this gold piece
THAT'S as she was when we had her
as a reality, but-here she is on the green
back, dressed like New York belle going
to fancy ball [Laughter,l There is not,
one of you who would notsas soon-ta Ike that
greenback as a national bank note. And
yet you are to pay twenty millions year
for the privilege of getting these national
bank notes. | want Congress to issue $780,
006.000-of greenbaeks and'saYe the twenty,
millions of interest. L want that issue
made next year, when you are going to
elect Congressmen, and want men who
are candidates for Congress to explain
their position on this question: But they,
say5we must mot flood the country with
paper money. Well, how much more pa
per money will you have out when you
have $660,000 600 of greeubacks than when
you have $3.50 000000 of greenbacks and
$780, 600 600 of national currency. l be-
lieve, according to the best of the arithme-,
tic, that | learned down in New Lisbon
that S660,0o0,000 is S669,000,0o0, whether in
national currency or greenbacks--in one
or in both. -=------
have said this issue must be met, and it
must. WE shall net forget Sambo, because
he is forced upon us. They used to accuse
the Democratic party of agitating theb
gro Question, but they can't do that any
more. They have asked us to voteuthene
gro into equality with US We intend to
vote upon that question. We have $4,000
Democrats in Ohio who will vote upon that.
The old prophet congratulated himself that
he had found few people in Israel who
did not bow the knee to Baal. What
| would he have said if he had found 1S7, 600?
| .[Appause.l - = ''''''''' e-'
have thus presented you with few
| thoughts that have come into my mind
| since | came here. / have not set myself
| up as a teacher or a leader.I have never
| pretended to be learnedin lessons ofIpolit-
| ical wisdom. have attempted to-day and
| on other occasions, to give my views as l
| received them from the study of the writ
! ings of Washington, Jefferson, Madison,
| Jackson, and the other patriots and sages of
| days gone by. These l. have adhered to,
! and by Gods help L will adhere to them till
the last hope of free, democratic, reppbIi-
can government shall pass away. APP
| plause.l .sLrfl r9ac .GEd sfuiEi'
| I,thauk you for your kind attention to
the desultory remarks have been able to
| make to you to-day. 1Oheersl 10 a-H7i1n
1