Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1868-10-24

between the States a jealousy OF the cred
tor states. ami sense of injury which
harms the National credit.
This unwise distribution of the cur
'ency lies at the foundation of much
)t the feeling in certain sections OF
5hls country against the bondholders. |
1t is no unusual thing to see it
stated in the papers of Chicago and other
Western cities. that the grain market Is
checked for the want of that currency
which riIhtfully belongs to that section.
Not only is the farmer TINS paid a iuwer
p. ic for his produce, but the carriers upon
our lakes aud canals, and the Whole COM
mcrcp of the country. internal and foreign
ar, il, jured by this lack of forest ght on the
plrt uf our ruler !p'ausel T-,l
But the evil Il res not stop here. When
the currency which has been us d to place
the agricultural products nn he m is of
the, ErSt is no longer needed tor these pur !
poses, it piles mp in vast vnlu mes in the
Ties of New Y rk aud ,ston during the
winter months. Those who hold it ar. i'm
patient to have it prlfitably employ ed
They invite borrowers Jo lie it for pue-
poses that etd in those wild md dem rali-
Zing SppculatiOns that have done SO much
to corrupt the morals and destroy the hao-
its of indu stry. VIII ch alone can Nuke p1o-
pie truly prosperous. Not unfr' quentiy 1t
is used To bhy mp again all the beet. pork.
Hour and grain in the hands OF Eastern |
holders and in the warehouses of our com
merciil cities and to put up tn ir prices
against the lab ring poor, the toiiing me-
chanic and the consumer of the East; in
this way, too checking the eXpOrtation
abroad, ami DESTROYING the commerce of
our land. [Cheers
Now, if with w Sc statesmanship, under
this same National banking system, care
had been used to place this capital where it
was needed, the share which W ,uld have
been given to the Western States would
never ave remained idle, or have been EN-
ployed for hurtful purposes. There would
always have been use for that capital there,
which would have promoted prosperity,
and vanced the healthy enterprises of
great and growing communities. -
This error OF our rulers is attended with
anot er great evil There was no other
provision made for the Soutl; no care TAX
en- to revive their pros perity, so that is
people might all in advancing the prosper
ity of our land. 1t is for our interest as
well as theirs that their pursuits should
again be made prosperous. We find that
this error i'm the distribution of our cur
rency is crushing our business with enor-
nous rates of interest; lessons the prices
which the farmer. gets for his produce, in
jureS our carrier ana harms both our do
nestle and foreign trade, and is a national
evil which sIoul hav. been corrected, but
it has not even received the attention of the
party in power. ltheprs.
There are other grrat wrongs to which
will briefly ailude, and which will dis
cuss more at length on other OCCASIONS
We say that taxation should be equal
upon ev"ry species of properly, according
to its retl value The .puhlicans say so,
too. They declare so in their fourth reSo-
lurion: That it is due to the labor OF the
nation that taxation shall be tqnaized."
With this declaration upon their lips will
thev till us why they made it uneqpals
Will they tell us why, for four years they
have allowed this conceIed iijH>tice to re-
main upon their statute books? How can
we believe that they mean what they say
Fhey charge pon us that we are in favor
II Reputation. Have those who make this
charge frankly sid how they m ,ani
: co deal with the publ c creditor? We have
said when the agreement was that hf
shoull have been paid ii gold he should
have it. and when the contract did not de-
fine in what he shnull have been paid. ht
should rave been given money as good a
that which we u-e for the sacred purpose
nf paying our pensions, as for rewardins
the toll of the laborcr.
We have a right to place the claims o
5he public creditor among the sa re
things of nations faith. [Cheers.
We have tried to maintain policy of Sc
rurty which Shuu ii make his debts secure
aud the wisdom " hich should put the ma
lions credit so high in the markets of The
world that the public creditor. the public
pensioder, and lie who tolls for tht
public good in the workshop or in the field
should all be paid in a currency made gonC
by wise and honorable conduct of public
& officers. applause
Governor Seymou went on to say tia
+ ii the Democratic party succeeded in this
I ele .tion it conld of Itself not make o
amend llws. Ii would only be able to holC
! the Violent leaders of the Republican party
! in check. 1t could do no revolutionary
acts. So far as actual power is concerned
! a Democratic President would stand in tn,
:, same position held by Andrew Johnson
p His vigorous nature, his bold and resolut
{. drte zee of the Con >ttutiOnal rights, hi
+ able assertions of the true principles o
Government, have not saved him evel
from the violence of these opposed to him
Nurh less has he been able to inaugural
any invasion measures or any acts calcu
LATED to disturb the public p' ace.
Oar hope is in this election to put int
the Executive offices those who could STA
the tide OF competition; those who coul
save from iurther injuries the system @
Con>titu innal G .verumcnt; those VIII
coui protect our people from lesislativ
wrungS.
We feel. too, that our success would be
rchuke bv the American people of meas
urt.S which have been cundrm iCd a
strongly by many lsadimg Republicans an
X 'pubii'an presses as by om's w S.
1t the candidates on our ticket should b
ele ted, and it they should prove capable
boneSt and true to their trust, at anothe
election the ppople of the United State
could 90 further and make Democrat
House OF Representatives II due tim
the character of The Senate could b
changed, and b live the day is at hau
when the ju1gm 4ntS and votes Of the Amer
icln people will restore again to power tina
: tine-hnnored party under whose iLtlu
Nt1 Nfpxt lftItT IF Il nd N
porous. None of those changes could b
inaie violently, nor crnid they endange
the public peace; but they would all ten
in the end t. promote the welfare and pros
parity of the United States.
The meeting was then addressed in a
eirqupnt strain by Hon. Francis Kernel
| Full - 0)0 people were in and about tn
rink during the delivery of Governor Sey
mlur's address ,ea-