The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1867-08-14

plause, commenced by reading the fol-
lowing resolution:
"ResoLved, As our national debt was
contracted by imitation, by imitation it
should be paid"
Mr.. Chapman, of st. Louis-Whatdo
you mean by that proposition?
Mr.. Train-We mean "np with green.
backs and down with specie payment" )"
daughter and applause.l All those In
favor of greenbacks, say aye. loud
cries OF aye.l II the people prefer
greenbacks without interest, why force
them to take bonds and notes with in
terest2 That's SOL The statistics
show that out Of thirty-six millions OF
people only half million pay an in
come tax on a thousand dollars. Hence
it is fair to suppose that that number
Will cover the bondholders. The ques-
tion arises, is there sufficient virtue
and generosity in the other thirty five
and half millions to vote to tax them
selves to pay these five hundred thou
sand bondholders [Cries of yes.l The
Demagogue will make much OF this
meet him squarely, or he will haveth
argument. The New York Herald
closed one of its last leaders on the ma
uonal banks by saying, since Horace
Greeley, by bRiling Mr.. Davis, admits
that there is no such crime as treason,
OUR NATIONAL DEBT Is A NATIONAL
SwINDLE. IA voice, ''The Herald
are mistaken. Bennett always looks
ahead. His hot shot into the national
banks are riddling those pet President
making institutions. He Is first to see
a change in the public mind, and thirty
years. experience has made him
prophet as we'll as fortune. Zap
plause.1 Many years ago he told me
n, ,ntNr
or nation. Chicago was built out OF
initiation. The panic came, bankruptcy
followed, but the substantial stores, the
magnificent residences, the splendid
city, and two hundred thousand people,
remained there. loud applause.l Give
us greenbacks, we say, and build cities,
plant corn, open coal mines, control
railways, launch ships, grow cotton,
establish factories, open gold and silver
mines, erect rolling mills, start the su-
gar cane, the sorghum, aud the tobacco
once more. Turn the Niagara Falls
into Manchester. loud applause ]
Vote ten millions bonus II we finish the
Pacific railroad before 1870. [Cheers. ]
Vote subsidies for steamboat lines to
Europe; dig canal from Lake Michi-
gan to the Mississippi [applause,l and
remove the capitol of America from
that corrupt and God -forsaken sink OF
iniquity, Washington, to Columbus,
Nebraska, ninety-six miles west OF
Omaha, the geographical centre OF our
r-million-square-m nation. Loud
Cheers.J Carry my resolution, and
there is sunshine in the sky. lap
plause.l Vote McCulloch's English
plan of paying Englishmen one dollar
for what they paid forty cents for, and
disaster wrecks our financial ship.
Greenbacks will start us ahead again
at forty miles an hour. Specie pay
ment will produce a regular smash up.
Frederick the Great built up Prussia
on paper, and England's power was
based on greenback currency. THAT is
true.l Pitt saved England by green
backs. McCulloch would ruin America
with specie payments. iEL
Rev. Mr.. Paine, Brooklyn-Do you
advocate reputation?
Mr.. Train--Repudiation God for
bid. If any man talks repudiatlonI
"shoot him on the spot" Laughter
and applause.l Let me repeat the reso-
luton.
"As the national debt was contracted
by imitation, by imitation it should be
paid. [Applause.l
How strange that you should mix up
greenbacks with reputation. Laugh
ter. You might ae well call IA copper
head Il Democrat. Laughter.l
BIucher and Wellington represented
distinct nations, yet they closely re-
semble each other in wax figures.
CLaughter.l Take care that the Dema-
gogue does not seduce you by his slip
pery-elm tongue. He will argue that it
Is cheap to save the Union and preserve
our, nationality even at the price OF
81, zoo. 600 according to McCnlloch, but
Sl2 200, ,OOO, 600 according to the Dema-
s0KKeS. KeS. Mf. t1n Ealkner, Bridgeport, Con-
nectlcut-Where do you get your sl2,-
OOO, 200, 600?
Mr. Train-From the debt visible and
the debt Invisible. CLaughter.l
This is only for the principal. To
payit of in thirty years, as McCulloch
proposes, we must raise-from the poor
more than the rich-SlO, 600, 900 900
more in taxes. IA voice: Why the
poor?l Because the poor are the
many. Labor always bears the bur-
den. Bondholders legislated to have
no taxes on their bonds. Hence the
rich man can send his children to
school where the poor man pays the
dissent and laughter.1
Ben Wade WAS right at Lawrence.
He said the poor man must be better
paid for his labor. Seymour, of the
New York Times, reported fairly; but
it was Raymond who gave the start on
the agrarian Interpretation. A voice !:
"Did you hear the speech3''l Yes, sir;
Introduced Mr.. Wade to this Kansas
audience, and endorse all he said.
Wade is no agrarian. He is a bold.
pIucky Humanitarian, not afraid OF
man or Democrat. [Laughter.l He be-
lieves as do, that the laboring man
should divide his day into eight hours
for labor, eight hours for recreation and
and eight hours for sleep,
If he requires SO much. ApplauBe.l
Wade is more of a statesman than a
politician; [Applsuse.l Mr.. Paine
no means; but the Demagogue will tell
you that repudiation has been the poll
cy of the Government from the first.
["Oh ~ and dissent. You don't agree
to that. Let me prove it, The Govern
ment commenced the war by making
contracts in gold. Then they repudia-
they repudiated legal-tenders and gave
certificates OF Indebtedness and gave
contractors seven-thirties. All your In
genuity is required here to meet the
Demagogue. tLaughter.l For he will
assure you that even now the endorse
ment on your green-back agreeing to
exchange for a five-twenty-is repudia-
lars in greenbacks to McCulloch and
see II you can get hundred dollar five
twenty bond. He will repudiate at
once. You must pay the seventy or
eighty dollars premium for 1t, for repu-
diation is the order of the day. [Some
Misses, and What else have they repu-
diatedl ~ .l Nf
Mr.. Train-What else Why Con.
gress has repudiated the Constitution
llRughterl, repudiated the Executive,
and repudiated the idea first started,
that the States were in the Union. Then
the repudiated Supreme Court, repu-
dated the constitutional amendment,
and now they intend repudiAting the
military reconstruction bill [oh and
dissent, and In voting the bounty
niil commenced repudiating the ma