The Elk advocate. [volume] (Ridgway, Elk Co., Pa.) 186?-1868, 1868-07-25

/ heV, MT. Ialne, DrOoklyn-Do 20
advocate repudiation?
| Mr.. Train-Repudiatiou God for
bid. If any man talks repudiatio
"shoot him on the spot" Laughte
and applause.] Let me repeat the res
olutiou.
GAS the national debt was contracte,
by imitation, by initiation it should b
paid" [Applause.l
How strange that you should mix vi
greenbacks with Reputation. Laugh
teri You might as well call Copper
head Democrat. Laughter
Blucher and Wellington represented
distinct nations, yet they closely repre-
sented each other in wax figures
| [Laughter.l Take care that the dema
gogue does not scduce you with hi
slippery.elm tongue. He will argue
that it is cheap to save the Union anc
preserve our nationality even at the
price. S2,700,000,0O0 according to
McCulloch, $12,000,0Q0,0OO accord
ing to the demagogue [Oh.1
Rev. Mr.. Falkner, Bridgeport, Con
nccticut-where do you get your S12,-
000,000,000?
Mr.. Train-From the debt visible
and the debt invisible. ILaughter.]
Says McCulloch's statement. g.
700,000,C00. q
Increased salaries of members of Con.
gress and the bounty bill. 100000
900,
Debts of towns, cities, counties, and
States, to be added in due time to the
national debt 1,000,000,000. Claims
from loyal men in the North, and con-
tractors and pin money for the next
presidential election. 1,000,000,000.
Here you have for the North, ST.
O0O,0 100000, And the bogus southern
debt for war, pestilence, famine, and ne.
groes,7 900, 100000. And you have
$12,O 2,OO0,OO0,OO0.
This, the demagogue will argue, is
one way Of repudiating. This is only
for the principal. To pay it off in
thirty years, as McCulloch proposes, We
must raise-from the poor more than
from the rich-S10,O00, more
In Taxes. ca voice-Why the poor?)
Because the poor are the many Labor
always bears the burden. Bondholde,s
legisiated to have no taxes on their
bonds. Hence the rich man can send
his children to school where the poor
man pays the schoolmarm'
Ben Wade was right at Lawrence.
He said the poor man must be better
paid for his labor. Seymour, of the
Now York Times, reported fairly but
it was Raymond who gave the start on
the agrarian Interpretation. CA voice
did you hear the speech p Yes, sir,
[ introduced Mr.. Wade to his Kansas
audience, and endorsed all he said.
Wade is no agrarian. He is a bold,
plucky humanitarian, not afraid of man
or Democrat, He believes, as I do, that
the laboring man should divide his day
into eight hours labor, eight for recreation
and improvement t, and eight hours sleep
if he requires so much. Wade is more
of statesman than pollution. Mr..
Paine asked if 1 proposed reputation.
BY no means but the demagogue will
tell you that repudiation has been the
policy Of the government from the first |
You don't agree to that. Let me prove
it. The government commenced the
war by making contracts in gold. They |
gold and gave legal tenders.
They then repudiated legal tenders and |
gave certificates Of Indebtedness, and |
gave contractors seven-thirties. All !
your ingenuity is required here to meet |
the demagogue. For he will assure
you that even now the endorsement on
your greenback, agreeing to exchange
for a tive-twenty, is repudiate9. Take
O hundred dollars in greenbacks to Mr..
Mr.. McCulloch and see if you can get
hundred dollar flye-twenty bond. He
will repudiate at once. You must pay
the seventy OR eighty dollars premium
for it; for reputation is the order of
the day. (Some Kisses, and "What
else have they repudiated ?'O
Mr. Train-What else Why Con-
gress has repudiated the Constitution
Iepudiated the executive, and lepudi-
lted the idea frs. asserted, that the
States were in the Union. Then they
repudiated the Supreme Court, repudi-
ited the constitutional amendment, and
now they intend repudiating tie recon.
'truction bill, and in voting the bounty
bill commenced repuGiatiDg the national
lebt. You see repudiatipg is fashiona.
ole. Hence nothing can save us but
For insolvency is the
point in the American char
lcter.
Professor Evans, Hamilton College,
Buffalo What do you estimate the
Wastage Of the war, and do you not
hink that tends towards reputation ?
Mr.. Train-Most certainly. In my
Pilot X non Snpeph I nuf down fhe f0- !