The Daily empire. (Dayton, Ohio) 1865-1867, 1867-04-24
Tender 7-3Os-Repudiation

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At Chicago, the other evening, GEORGE
FRANCIS TRAIN got on a train, and told, in
his peculiar way, some most unwelcome
truths about our national debt. Said he-l
and you'd better believe him; 1
The public is a bull on Governments
only when above par-when below par they
are bears. Let Governments drop to par,
and down they go to 81. Then National
Bank Notes are Que per cent. discount.
Then comes the rush on National Banks
for Greenbacks, and the G~reenbacks are
not there. ISensation. What Is the re-
suit? Does Congress help us? No. The
lawyers are in power; what do they care.
They add S400,00O,000 bounty to the debt,
and advance their own salaries to $4,000.
Is the South to be admitted under the Mil
itary Bill? No; Stevens holds the reins;
confisCation is the order. The estates are
to be cut up among the Germans, and the
negroes wiped out. Where, then, are we
foating2 Congress sees McCulloch has
made a mistake; and, rs it is an Admins
tration blunder, the Radicals intend to pass
no bill of relief. They will pinch the coun-
try this year-and bring on n financial crash
in the tall-(remember, this is the panic
year of the never falling sevcn)-lay it on
the Administration policy, and when every
body is broken Congress will meet IN the
winter and pass Randalls bill, putting
Greenbacks in the place of the S2l0,000,0O0
National Bank Bonds. Pass another bill
pa~yingduties OF imports in Greenbacks. and
then another bill paying interesto on the ST.
4~00,000.O00 5-20's in legal tenders. In other
words, giving the country one currency
that is, twenty-five hundred millions OF
legal tenders, instead of sixteen currencies
as ut present. (Applause.) This makes
all happy for the Presidential election OF
1868. DeliTam tremens requires National
whisky to recuperate the system. The
whisky will make all vote for Radicalism
They elect the President, and after that the
deluge. daughter and applause.) John
son, in his talk with Halpine-the Demo,
cratic party and the South thinks that ;
crash will burst the Radicals. BY NJ
means. They will turn it to their advan
tage. The next war is to be financial
Land and labor against banks and bono
holders-aud the former own the notes
The South had no debt. The West little
The %greenback age wiped of their mort
cages, and placed the load on the back o
the bondholders. The debt, rests uneasi
ly on the sea shore and in Europe and tn
shadow is on the wall.
Paying gold interest in ~greenbacks
Reputation you say. Why SO ? nearly a
the States have lone it, New York takin
the lead. The finality of all the recent Con
gressional legislation may be stated in tw
words, C0nfscdtiOn in the South and Re
quotation in the North. (Sensation.) Th
Chicago papers have already sounded tn
tocsin we are growing poorer every day
The S2,500,oO0,000 debt only cost 81, 100000
900. Hence bondholders ask specie pay
ments. The people who did the fghtin
hold no bonds, and ask for legal tender
The rich arranged to nav their bonds fire
from taxation. Hence the rich man wit
his millions ofuntaXed Governments, seno
his children to the same school where tn
poor man, with no bonds, sends his. HenC
the poor man is obliged to pay fC
the education of the rich mans childre
but enough of this. You asked m
for a speech, and you have got i
You ask the remedy. Retrench. You hay
been dancing five years, and the fiddler d,
mands his pay. (Laughter.) When I'll
candle is lighted at both ends you had be
ter sell it short. Laughter.) You mu
stop your imports-develop your miners
resonrees-fnish the Pacific Railroad-ct
down your eXpenses-smoke one cigar LEI
drink one glass of whisky less ever
hour in the day, and keep all your poke
as full as you can of legal tenders, as the
will be the handiest thing you can hay
about the house. loud applause and gre;
congratulations from the brOkers.)
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Radicalism when on the Rampage
The N. Y. Tribune, addicted to spasn
of honest confession, now and then, tel
this story of the character of the last Ne
York Radical Legislature, when it acted @
the bill Of the New York Central Road
modify the rates of fare;
TWENTY THoUSAND pOLLARs WERE PA
70 MEABRRs OF THAT COMMITTEE, teh0 zoe
promised $4,000 more each ,oheR the b
should become d lao. The bill finally pass,
the Senate, after a still further expenditu
of money, and to a very large amour
n SENATOR, HOietSe eminent, REQUIRE
$4,000 FOR HIS o and his modest d
mand was ultimately complied with. II
thousand dollars were paid to him in a
vance, and the remainder promised WHIT
the measure was contaminated"
Some one of the songs goes
Me,re a hand Of brothers.