The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1868-07-17
FIRST EDITION
PENDLETON.
Greenbacks and Reputation,
The Rejected Candidate States His
Views to the West Vir-
ginia Democrats.
Ets., Etsn Ets" Ets" Ets, SStS.

George II. Pendlctou delivered a speech
before the .Deinocr attic State Convention of Vest
Virginia, helI yesterday, in the course OF which
he said:-
came 70 show you that no personal disap-
poinl ment lingers IN my breast or VA npens tor
an in tanL the ardor ot my e66rts tor the
su, cess OF Your party (oheers)--iOut that isr
aDove ell personal cons lderatlohs | rate the
success OF the principles in which L believe, and
that whoever shah bear the hdgon which these
prncrp,es are inscribed shall be found close
by his side IN tue thcgest OF the light TO cheer
him with my voice apd to aid tIm with my aru.
came TO urge upoA you, Democrats and Re
pubhcaus alike, TO trampie under foot every
prepossessicn ard pre- judIcc aid passion, 1t
it were as Gesr as lite Itself, and, RISING
to the height of this great struggle, to
remember that we have only life TO give and
noble aDo enduring government to save. Gap.
plause.) am o party man: l avoW 1t, but not,
trust, IN any narrow or sectarlan sense. am
attached from CONVICTION to the principles OF
the Democratic party; / have studle It's history
from the foundation OF the government. 1t would
be impossible Tor me 10 make mYeett heard III
this immense audience uniess you. keep quiet,
and shall ask that while | am speaking you
will allow ne 10 proceed without interruption.
/ thauk Jou, gentlemen, tor the very cordial
reCeLt on yeu have Just given me. In he States
have found II to be the party OF liberty and
progress, in the federal government L have
found 1t to be the exponent OF that fundamental
principle Of the Consultation that all powers
which are not granted are reserved. 1t has
tiOn In The one system and OF excessive ad-
mlnlstreaon in the other. 1t has been at
oIce the firm supporter OF the rights
O. the States and Of the just powers OF the Fede.
raj Government. In every Weiss .tude OF our
hisiory,t has appeared to direct US with ITS
wndooraDd to exI'cate US by It's courage aid
to day it staudo aS 1t dd III 1898 and 1893, under
1be guidance OF Mr. Je fferspn, pointing us to the
path OF safety, hicn is now, as it was then, the
path OF the Constitution, of Irdternal harmony
and peace. Tue Convention ehch sat in New
true council OF our party. II embraced our best
and purest aud wlsest men. The roll OF the
Sta es as called, and not Que was without re-
preventative. The roll of the districts was caei
and not one OF them was missing. The doctrine
OF State suicide was not recognized, the dlsoo-
lution of the Union was not acSno Ileuged.
Every Stale was invited to be p1eseLt and every
State accepted the invitation. Every State Sc
lected sucn cit zens as she chose and thus it hap.
peLed North Carolina aud South Carolina. and
Georgia an1 Virginia sat, as in the days of the
\ Revolution, in fraternal council WI Massachu-
Sets ano New iork, and Pennsylvan aud New
JERSEY, and that Hamp on aod Preston and For
re-I sat side by side with Steedman and Morgan.
The Convention was the SIGN and symbol an
! the prophecy of restored Union and har
monious people.
BY unanimous vote they adopted q
declaration o. prnclples, fidelity to the conStl
tutou, fidelity to the Union, fidelity 10 the
rights of the States, fdenty, to the rights OF
the citizen, fidelity TO the principles OF civil
liberty, fidelity 10 that policy in matters of
finance and taxation which, by paying the pub
lie debt IN egal-tender Totes, will hit from the
shoulders OF lahOr the burdens which opDress
it and by tightening the measure OF taxation
W II secure to IL the Just rewards OF a cheerful
and conented industry. iCheers.) The
Then na 9o%nees m many be
cratic Convention, and said If anything
| more We're needed 10 fire the heart with
enthusiasm let 1t be drawn from the contrasts
the country to-day presented. The Republican
p8rty had been IN absolute power for eight
| years. Where was the constitution they swore
to uphold? Where was the Union they swore
20 a ntaln? Look at every monthly report of
J the Secretary Of the Treasury. You will find
that every month the debt that bears interest
in gold is increased You Will fud that every
dollar that b, ais no interest at all that bears
interest in currency Is converted as rapidly
as possible into tie bonds which pay in
terest in gold; and why Is this? Is there
too much currency in the country? Is there
a plethora OF mouey? Is speculation rite ,
No nan will dare affirm ii, and yet the
work OF contraction still goes on and value is
co ned for The bondholder out OF the sseat and
tears, the bloot, and bones, and muscles OF the
laborng man; and when we ask the reason we
are ans Fered by the declaration OF the Republi-
can Convention OF Chicago, that the bonds must
4 be paid iu gold, according to the spirit aud
letter o. the contract. deny that it Is according
II to either the solrlt or letter of the contract
nnder which the Five-t Ventes we're sold. They
are pay able in legal-enders, and in this opinion
Il am sus aimed by the Democratic Convention
OF New York. (Appause) What the amount
OF Indebtedness under the sys EN- of the Repuo.
JlCaD party WOuIu Oe Ne cOull uOL say. pI,0UU,-
GEO. 900 We know it is nov. Less than that it
certainty will not be. The interest upon that
sum will be 100 900, 900 in gold and the amount
j. to be drawn annually from the people OF the
coun ry during all your lives aud the lives OF
Your youngest children, in order 10 carry out
the dogmas of the Republican party. On the
other hand, the Democratic party we're opposed
to EXTENSION aud desired the imme1late pay
meLt OF the Oebt (Hear.) 1t declares that
the moi ey collected IRON the peoble should not
be squanOered, but applied to the payment OF
H. NnINN IT IanI a.,
(twentV bonds shall be pad in legal tender, and
EuUtll thev be paid thes shall be subjected to the
same rate OF taxation ali property. 1t
declares there shall be one currency for
the Government and the people, for the
lsbOrer and the Office holder, tue pensioner
and the soldier, the producer, and the b)nd-
holder. (Chter-.) And nov is 1t practicable TO
pay this debt-three hundred ana thirty millions
1T bonds are held in the Treasury Department
as security for the Dational bank circulation
Redeem them the very moment you have The
option TO do so with legal tender notes, aud let
them supply tue place OF the bank paper. This
MT asure alone, with very little initiation of the
cuTTeDcv aud without any ADDITION to the taxa.
ton, will red EN- the debt anu save the twenty
millions in gold which are no paid as bonus
10 national banks. He also recommended the
redemption with legal tender notes OF the
five hundred mill ons of the first Issue
OF the hve-twen,ies payable this year at the
option of the Government He urged that
such measures would SOP the contraction
and reverse The oicy OF the Treasury Depart
meBt, and give s'abllity to the money market.
He strongly advocated the expansion Of the
currency, and pointed out the Jolly and useless
x ness OF con raction, citing many instances Ia
faVCr OF his arguments Tor the reduction OF the