The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1868-09-03

the law was passed. :. The evils were
contracted; they have been endured
by the people; and 1 am now in favor
of extracting from the system all the
good which can be gotten out of it.
[Applause:l Ihave no hostility to the
bondholders. They are, doubtless.
worthy and estimable gentlemen. 1
would do them exact Justice. 4 Where
promised gold I would pay gold :,
where promised paper I would nav
paper. beg of them now to- be lust
and wise. l would not threaten, but
they may go farther and fare worse.
Labor is suffering it may become res
tive. The Republican party unsets
this whole policy. 1t insists on paw
ing the debt in gold and exempting
bonds from taxation. The funding
bill expresses the whole idea. It
passed both houses; it would have
become law except for the adjourn
ment. 1t provided that the present
bonds should be exchanged for other
bonds bearing AZ per cent. interest,
payable in forty years principal and
interest, both to be paid in. gold, and
to be exempt from all State and Fed
eral taxation Gold stands to-day at
upwards of l40. This bill adds at
once six hundred millions and more
| to the debt. 1t abandons the right of
taxation, and thus gives up more than
twelve millions of gold. Itpostpones
indefinitely the payment. If payment
is postponed forty years the debt will
never be paid at all. 1t will become
one of the permanent institutions of
the country. If the debt should be
$1,000, ,0O0, 600, and should be funded,
at. even per cent, the annual interest
would reach $100O0OOO0 in gold, and
this must be raised year by year, from
the labor of the country forty years.
How many Of you will live that long
How many of your children will live
that long? And yet, year by. year, as
long as they live, out. of their sweat
and blood, of their bones, of their
breaking hearts and dying bodies,
these one hundred millions must, be
raised. i[Applause.] Do you know
what national debt means It means
hard labor, scant clothing, brown
bread and no meat. It means that the
rich shall be richer and thepoor shall
be poorer. 1t means that untaxed
capital shall pamper, the idle with lux
uries, while squalor shall preside in
the cabin of the poor, and suffering
shall make his life like a constant
death. GReneWed applause.]. T see
before me many young men. Are you
willing to perpetuate. a policy which
will forever prevent you from rising
above your present 'condition?lfYo on
look forward to a few years of labor
and then hope to devote yourself to
trading with the capital which you1
industry and ifrugality shall have saved
In your dreams you see d snug cot
tage, lighted with the smile. OF, love
and sounding with the babble of limo,
cent tongues, over which plenty and
contentment cast their cheering rays
[Great applause.] Are you willing to
give up this bright prospect and be
content forever to pay, the tax x-gathere1
all your earnings beyond food and
clothing? FChrles of "Not"i ''No ~
Extend the debt and reduce the inter
est! No, gentlemen, .paythe debt and
save the interest, Reduce the taxes
equalize the burthens,, and industry
viii be stimulated, business will be
restored, enterprise will be active, and
labor will reap its just and adequate
reward. An essential step in this
movement is the restoration of thf
prosperity of. the Southern States
They constitute an agricultural com
munity. They are producers. gTheil
Interests are identical with yours
Their staples will furnish business Ffol
your mercantile navies. They vii
furnish wealth for us all. They oughr
/ to pay their share of the tax, and o.
the public debt. They can do it well
They will do it easily if order, is es.
tablished in their homes and security
is, felt J" He who soweth shall also
reap" Every instinct of selfishness
as well as Of patriotism, demands thai
the policy of hatred and oppression
shall cease, and that those States be
RESTORED to their rights and the people
4 to their liberties. tApplause.l Eel
/ loW-Democrats are you up and active
and well organized for the struggle
| before you? The eyes of the whole
country are upon you'll . The hearts O.
the Democracy, of the conservative
men everywhere. are with you. r., Y OIL
will fight the first battle of this cam
paign. If you win it, even if you inn
prove on the last year, pouwill give i
the prestige of victory. We will carr!
the country. For twenty years tn,
elections of Maine have foreshadowe(
the result in the West. We look al
ways to you with intense interest
Our hearts and hopes are with you
Send us in September news gof. you
victory. Cries of g We WILT Ohio
Indiana, Illinois, will follow; Sey
mour will be elected TTremendou
!. applause ]-and the shouts of our re
joicing will be answered to us from
Heaven, as when of old the ange
choir announced, ss peace on earth
I good will to men!" [Tremendou
applause. n3-e Eaiin59H0j OH
a9 AT the conclusion of the speech
General Roberts called for nine cheer
for the chieftain who had so gallantl,
entertained them, which were givel
with a will, the enthusiasm of the au
dience continuing for some moment
J after Mr.. Pendleton resumed his seat
RaP A New England paper tells tn
following stofycIgostf,f.; aA III esiH
, There is a man in Vermont wh,
cannot speak to his, father. Previou
!. to his birth some; difficulty arose be
, tween his mother and father, and for
considerable time she refused to.speal
with him. The difficulty was subse
J qnently healed, the child was born, an
, in due time began to talk, but whe
sitting with his father was invariabl
. silent. o tcontinued soiilntil the chill
! was five -yesrs iold, when the father
= having exhausted, his powers ofi,pel
!. suasion, threatened litowitho punish
ment for its stubbornness. When, tn
; punishment was inflicted it elieete
, nothing but sighs and groans, whic
g told bnt too plainly that the little sui
g ferer couldnot speak; though he vain
ly endeavored to do so. All who wel
! present united in the opinion that
| =