Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1868-01-21

in bonds on the Government. I see it l.
claim by my worthy competitor III 1t a
large proportion of these bonds are held
BY the widows and orphans of the country.
When did that come to pass? Where did
Some of the, smaller bonds may have
been purchased long ago by widows, but |
the pincnings of poverty have long since |
compelled these widows to turn them into |
more manageable currency, and the bonds
have, long since. found their way into the
Golfers of the rich. = TX . ~
About five hundred millions of these
bonds. the five-twenties, are now due. Sew
eral millions more of the same denomina-
ton will fall due next year. The Demo-
cratic party throughout the nation has
taken the ground and led off in this ques-
tion of paying the bonds. In order to un-
derstand the nature of these bonds. it is
necessary to understand the conditions on
which they were issued. The terms with
regard to the tive-twenties are, that the
interest shall be paid in gold but as to
the principal, the law is silent, or provides
they shall be paid in the legal currency of
the country-the money which these Rad
icals have made legal tender-in other
words, greehbacks. We have taken the
ground the interestshall be paid in gold,
but the principal in greenbacks. ,f,t.
And / see in speech by General Beatty
he has become sudden convert to this
doctrine. [ was told that more than one
Republican bad advised him to tack about
on this question, or he would be defeated,
aud [ understand in his Caledonia speech
he took their wholesome advice. Fellow
citizens, I tell you this is death-bed re-
pentance, and we are informed such peni-
tence is not much to be relied on. APP
plause They ar e dangerous. and few are
saved in such extremities. Laughter and
applause.l gii- ili 1Gi = 3i.f' is7H Dfa
/ repeat, fellow-citizens, you can not
place much confidence in a man who as
serts his doctrine with so much earnestness,
and in the short space of one week takes it
all back again, and avows directly con-
traryis opinion. e. Not when one of your
worthiest citizens-a gentleman in every
sense of the term. who had been long
a member of the Republican party,
who had received honors at their
hands; man with an unsullied
reputation, who had sat in the front rank
of the party, against whom the tongue of
SANDER never uttered word, because he
has seen fit to differ with the Republican
party on the question of reconstruction,
has been by the iron heel of party despot-
ism stricken down, and the walls of Radical
wrath poured out upon his devoted head,
from the lakes to the river. If 1 stood in
that mans position, / would be disposed to
say, ,.'Lay on, Macduff! aud damned be him
who first cries, hold, enough !" Applause.
The intelligence of this people will set
that man right in time to come. Like Luz
ther, who would go to Worms if the devils
were thick as the tiles on the houses, let
such men persevere in the right direction,
and all will be right. The people will
abandon these extreme Radical leaders,
Benjamin F. Wade has been weighed in the
balance and found wanting, and others will
travel the same road. The day has gone
by when Opprobrious epithets can tlke the
place of reason and common sense. We
have the highest authority for saying no
cause was ever benefited by reason OF
''railing accusations brought against the ad-
versary." Ii we can not succeed on the
high moral ground on which we planted
ourselves in the last campaign, then let Us
go down never to rise again.
But do not mistake me. The word fail
has been stricken from our vocabulary
We will travel in majesty to the zenith Of
our power as sure as there is a God in Is
rael. Such is our confidence in the peace
able, but omnipotent power of the ballot
know the Democratic party, through pref
udice, has been under cloud-darkness
has overshadowed our pathway, but
through the energy and intelligence and
justice of the people, our sun will arise
again in its brightness and glory. We
ought not to overlook and pass by the mer
who are coming to our rescue. Many O
our fellow-citizens from foreign lands, who
were deluded from us by Radical misrep-
resentations, are coming back. Let US give
them hearty welcome. ,oG. ~ ha
But to go back to the payment of. the
bonds. The Radicals pat the soldiers on
the back and tell them the Republican.
are their friends and the Democrats their en-
emies. But when it comes to paying the
soldier his pension it is paid in paper, Will,
the bondholder's interest is paid in GOLD
Two powers were necessary to carry OF
the war-mOuey and men. The bondhOld
ers furnished the money tine soldiers wer
the men. The bond holder lent his none.
at six per cent. in gold and remained in
place of safety. The soldier went into tn
army and endured the fatigues of the cam
paign, braved danger and death, lost per
haps an arm or a leg. We will admit b0tl
contributed to save the country. Blu
when the soldier comes up for his pensio
he gets greenbacks when the bondhOlde
calls for his interest he gets gold. worth
cents more on the dollar than the none
paid to the MANNED soldier.
The Democratic party hold and intend
continue advocating the doctrine that tn
money which is good enough for the soldie
is good enough fer the boHdholder; an,
we intend these bondholders shall be Dai
in the currency they loaned the Govern
ment. 1t is said these National banks pa.
as much, tax as others holding the sam
amount of property. These banks are tax
ed upon their real estate only, and not upol
their bonds. 5Iplss Hi-t ID
The speaker closed his remarks by ex
pressing regret that Judge Jewett wa
not able to be present. The people woulC
yet be addressed, short as the campaigl
was, by able speakers from abroad, bot
Democratic and Republican. He had un
derstood his old friend, x-Lieutenant Gov
. ernOr Sam Galloway, had recovered from
his recent attack of suspended animation
and would address the people of Delaware
the effect of any thing these Republican
, speakers could say. The intelligence o
, the people was sufficient Safeguard.
Speech of Hon. James r.. Hubbell.
When Colonel Burns retired from the
stand, the audience called enth usiastically
for Hubbell. That gentleman, finding the
audience would not be satisfied without q
speech. took the stage. h -
At the very earnest request of Mr.. Hub.
bell, we will not give full report of his
speech. The gentleman's reason for this
request is by no means because he shrinks
from giving publicity to mis- opinions, but
lie was called on unexpectedly and at a late
hour. i.-,..f-ib ~ -iir4 .Fs4.s ioT 9
Mr.. Hubbell said he was Republican.
His earliest lessons in politics were of that
= character. Brought up by Quaker parents,
; he had from infancy, entertained anti
slavery sentiments. When the war broke
out he was in favor of its prosecution. He
was in favor Of the emancipation procla-
, nation, and if the party had kept the faith
they held during the war he would still
have been with them.e He had been COM
PEELED to differ with the party on the re-
= construction policy of Congress. While
he had always entertained the doctrine of
universal freedom, and had been a friend ol