The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-09-29


chosen leader as to believe, for any wish OF his own
II he had one, he would hazard the success Of the
in the country, when the very life OF the nation is
put In issue by the contest OF the hourf With your
gentlemen who signed that call and are anxious II,
their own persons to go to Congress an offer III
either OF them will produce letter from General
Grant, heretofore or hereafter written, or from anv
one OF his confidential friends authorized to do and
place 1t In your hands, Mr.. President saying that
General Grant wishes the republicans OF this district
not to vote for me, much as prize your nomination
and its great honor will cheerfully resign 1t. Nay
Speaker OF the House, has honored me with his
friendship and given me many proofs Of his conf
aence In the appointment to positions upon respon
s,ple committees, VIII say the same will withdraw.
Further, II my honorable colleagues OF the Massa-
chasetts delegation, who have watched my course
republican party require my defeat am content to
eeVe mat my services are not useful the repub-
80 10 believe bow to better and more Impartial
Juagmens' as have the success OF the republican
aspirations and personal wishes to opnose one mo.
ment its fullest and most glorious success
a. 10 6ae o,nee p pr Of these gentlemen that they
yield for two reasons. First-I find many Of the
most prominent among them to be those who op.
posed my election TWO years snce-at least three and
perhaps more who desired to represent the district
two years ago. but whom the district did not desires
find others who have unjust claims against the gov.
eminent which will not press for payment and
therefore, see my views upon finance made the
stalking horse to bear of personal ambition and per.
sonal Ill WILL and thus to draw away from their party
allegiance some good and brave men, who by mis-
representation and misunderstanding Of my posi-.
ties may be injured. Secondly-This is q mere pre-.
text. stand on this matter with Senators Sherman
ana Morton, and on the only test ques-
ton, when the matter came directly in
issue l voted with sxty-one republican
soute maorty-that the taxes on the incomeOf the
bonds should be honestly collected, that the bad
pay willingly. Which of these men viii 30 before
the people and oppose my election the advocate
OF the rascas escaping taxation and defraudng the
gers OF their securities Is entitled to consideration
and respect can only say greve at their mistake,
enunciatiOn OF the Chicago PLATFORM that the ma
tonal honor required the payment eff the public IN
debtedpess In the utmost good faith to all backsid
ers at nome and abroad. not only according to the
letter but the spirit OF the law under which 1t was
contracted. am not conscious OF having altered
anything which contravenes It, have discussed the
provisions OF those laws which at last must
a o9 e5t 70 ae Court to conste and decide
the public debt might soonest be withdrawn from
the arena OF politics and made safe and secure be-
cause renewed from all source of injustice and I'M
fairness In the minds Of the people, at the same time
by loan at low rate Of interest relieving the bust
paid by the government which 80 initiates the rate Of
commercial interest to cripple business OF the
tons by extending the national debt over fair pc
ROD lot It's redemption. have maintained that it IL
thereon whenever it can possibly be done True is Il
have said the letter Of the law permitted the pay
to be ssned at the same ae %
them, but I have nowhere said or thought
that that, the eon government should not pay those
the prosperity and growth Of the resources of ths
country will permit without commercial distress.
financial revulsion and the disorganization OF the
labor and business OF the country. This question
becomes of less consequence day by day. The cleo
pacication OF the South the return there of peace
and prosperity so as TO give the productions OF those
States to the markets OF the world and thus
O1r fotfn Tho vitI
drawal and reduction OF our armies when civil law
shall resume its sway in the rebeous States under
the reconstruction acts OF Congress. they will do
when they are administered by an honest and COM
petent Executive; the opening Of the great
China and the East into the lap of our
commerce. making our roads the highway OF that
great trade to EurOpe-each and all will contribute
so TO swell resources OF taxation to render the
national debt burden easy to be borne. The next
census VIII show us quite forty millions of people to
pay debt OF two thousand millions ut that time.
less than fit dollars each and the whole interest Of
which Is less than what might be collected, with an
honest and efficient administration OF affairs. from
whiskey and tObaccO-the most useless OF all the
Injuries Of life In view Of such future what true
try now hound up in the Sv e hS rS,scn
in the ranks that may lead to the success of our
adversaresf Such catastrophe would set back the
prosperity and progress OF the country century at
least and thus grasping ut the shadow he would lose
| the substance OF his bond. Greenbacks and bonds
are approaching not depreciatng. They have quite
doubled I'm value since the bulk Of them issued,
| and no one more heartily than do cry God
speed the time when the greenb and god shall be
convertible and recOnvertible.
THE RESOLUTIONS.
At the close OF his speech General Butler presented
the following resolutions rs embOdying the general
principles Of the progressive republican party
Resolved, That featy the principles Of
s w S wsh % s as sssp
its ofspring-the rebellion AMI the
onay States rnstaed under truly republican
FORM for the framed upon OF
Resolved That equality right, equality of power and
equality of burdens under the nnenabe
inheritance Of every citizen and the realization of Ame
Resolved That the national faith honor whcr
pledged he sha enjoy rights Of
that freedom which he fought gan the oppressed
other lands OF the ampest protection everywhere every
the public creditor that he shall receive his with
interest," only according spirit of the
laws under which the contracts made be
bly, kept and srenuously maintained
Resell ed That the platform principles laid
by the republicans embracing these cardinal
shall receive cordial adherence and efficient support
Resolved, That the country its Indictment
burden, but OF the price she has paid for
nnenf the strength Of her armies the OF her
the loyalty of her people to liberty and that
forth and forever In all her broad domain
as master and no man answer slave.
Resolved, That have confidence In the ability Of
the American people develop their industry
into the markets OF the world with their products
that their will be raised to specie
the OF trade that only the Congressional
structon this by the protection which
free productive labor and the rights OF citizenship
where and deprecae all attempts to depreciae the
OF the currency Of the country unpstoc unwe and
untrue spirit and which
country through the and ready bear
dens and discharge all the obligations of peace.
The resolutions were unanimously adopted and