The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1868-09-19
PENDLET0N.
ELOQUENT PerOration Of his Speech at Hartford

From the Boston Post,l
The following is the concluding
portion of the speech delivered by |
Mr.. PendIeton before large Demo
cratic mass meeting at Hartford:
"I say that the true policy of the
United States is to pay the bond
holder exactly what we promised.
This is the only way to relieve the
burdens of the country; to make it
easier for the people to pay their
taxes to make it easier for them to
gain a living. Do this and prosperi-
| ty will again return, your fields will
again be fertile, your industry will
flourish The republican party is ops
posed to this whole system. They
arc in favor not of paying off, but Of
funding the bonds. According to
their plan the funded debt would
,have forty years to run at four aud a
ihalf per cent iuterest-payable, both
principal aud interest, in gold; and
1.-The bonds shall not be subject to tax
iation, neither by the States nor by
the federal government, Well, gen
Itlemcn, I object, with gold standing
at 14O-perhaps las. If you CON
vert those bonds into gold bonds now
YOU will add seven huudred millions
Of dollars to the amount Of the debt
you make it impossible to pay the
idebt in five wears. If it amounts tt
$500, ,0O0, 900 and you pay four pc
cent. only, it will amonnt to 500,
900 GOO a year in gold for interest
If you pay this sum for forty year
YOU will, at the end of forty years
ts have yaid $1,000, 900, 900, and at tn
end. will still have the debt Of $4,000
NJ 900 900 besides. Forty years VIII
W W how many of you will live that time
- How many, even of your children
to will be alive at the end Of fort
years? Year by year you will hav
to go on paying this enormor
amount. Year by year it will cou
3D. out of the blood and bones and to
= and sweat of your children. Do yo
know what national debt means
nu. 1t means that the rich shall be rich
rgo and the poor poorer. 1t means th
capital shall be exempted from tax
I ton, and the labOrer bear all Il
! burden. 1t means for those who !
= Dor for their daily bread, scant clot
inc. brown bread, and no meat.
means that capital shall pamper i'd
Co. ness in luxury, but that squalor sh'
ros, preside over the cabins of the poo
;ted and that his daily struggles for dal
ont. ! IT, bread shall make his life a consta
the death. [ see before me to-nlg
\. many a young man, and l can see
!. his 6eaming eye and intelligent fa
the hope that lies at the bottom of
heart. He is willing to labor on
1.-The a few years, and to hope that he v
e to be able then to trade on the capi
cling which his industry and frugality hi
tinn iur' saved. He has his day dream a
his night dream. He sees a su
or. home lighted up with the smile
= Ilove, and noisy with the prattle of
aY fant tongues-made sacred by
presence Of wife and mothe
surrounded within and without
those rays of contentment WI
plenty and prosperity shed. Yol
men, are you willing to give up ii
cherished hopes of the future,
,eoH to consent for all your lives that to
- ton shall take from you all ex
what is necessary for your food
]. A, clothing? TVoices-4"NO, no, neve
Lone No, gentleman, do not yield to
a. b.. siren voice, which persuades
! Yaio. to extend the debt and reduce tn
at the terest. Pay the debt and save
on mn" sno interest. That will answer
Daniel S nurpose. That will insure your
"a for ture Immense applause. But,
q q sald and tlemen, passing away from this
not a. be Be iect Of the material interests Of
country, on which ! have dwelt lc
IS. .b,n TintpnAed let me cali you