The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-10-30


wrong, more far-reaching and injurious than men
have supposed who have not followed II out to
its CONSCIOUSNESS. You send your property to
your wheat, corn and pork. When you 20 to
borrow currency Of your banker. he says must
go to New England or New York to borrow this
currency. pay them interest. and 10 addition to
that must charge you another interest, 30 that
yor pay two interests upon great proportion Of
the money you borrow. But is the money that
you borrow the money Of Massachusetts,, Now,
Il there had been fair distribution Of the national
currency Of the country, and would have no need
Of borrowing; but because this was not done you
suffer want Of currency, and are obliged to pay
ten or twelve per cent. for II, when the New Eng
fifty millions more than was given to you.
You cannot manufacture In Indiana. Why
Because you are compelled to pay rate ofinter-
est which crushes out manufactures. This great
fact that few Of the smaller States under this
unequal senatorial representation have welded
an influence over the affairs OF the nation hurtful
to the country. and more particularly hurtful to
curses that New York and the East labor under
arises from it. In less than thirty days from this
time, when you will no longer want this currency
for moving your crops, 1t will accumulate 10 our
commercial cities. The banker not desiring to let
his money lie idle, win say to the Spectator, al
want to lend you money" The SPECTATOR viii
borrow 1t, and with 1t buy this produce, and will
store 1t in warehouses, quitting up its price against
Thus the money which might be properly and pro-
fitably used in legitimate enterprise, is employed
there to foster swild and dangerous spirit OF spe
culation that dsorganizes business pursuits and is
hnrtful to the morals of the people. (Cheers.)
This is one of the evils we labor Hnder, but
there are whole series following upon that. But
will not follow out the details Of this argument.
but must invoke the citizens Of this beautiful
town to examine carefully the policy OF this gov
eminent as 1t has been administered since the war,
and see If you can say that the policy of the men
in power is right and that you should encourage
them to go on. This is the question involved In
this election. 1t is not II this man or that man
shall I'll the Presidential chair. OF little moment
IL Is If my opponent or myself shall enjoy the
brief hours and sad labors and responsibilities of
the executive Office. How small thing politi.
cal triumph to rs fleeing mortals, who In little
while will have passed away, If the mere grstfca-
ton of our passions shall have left no useful mark
on the history OF oar country. lCheers.]
But, on the other hand, If we. in the spirit Of
our fathers take care that our political action
is dictated by q desire that the government shall
be administered SO that all classes and all sections
shall feel that it is just in Its dealings with them
then we may hope to give our country q glorious
future. There is no security for State unless it
has justice and wisdom and careful regard for
the interests of those who live under its jursdic.
ton. 1t is not within the province of our armies
or navies or Of mere material forces TO make q
nation strong or to bind this Union together.
be policy that viii give new life and energy to
the Southern States. lCheers.l
What means this union' / appeal t. you who
chain the dead to the living! Was it that the
great States of the North should have fastened to
them by mere material force States that were
once honored members of the republicy States
which gave birth to some of the most ilustrious
have right In the Senate of the United States to
interfere with questions that were never designed
to be brought under the jurisdiction Of the gen.
eral government. Now what has been done
When you form special partnership with man
you do not permit him to go beyond the terms Of
that contract, because you have engaged with
him in business enterprise. He has no right to
attempt to interfere with your own concerns. The
things belong to you alone. Now this govern.
ment has done that most unjust oppressive and
unequal thing in its influence upon many parts Of
our country. Tho majority Of the population OF
YORK. Pennsylvania, Ohio, Indiana. Illinois. Ken
lucky, Michigan and Missouri. / think have
named nine. will add Iowa.
Now. Q majority of the people of the United
States have but eighteen senator's in the most i'm
portant branch Of the goverament-the branch
that ratfes treaties, the branch that to-day con-
trolls the authority power. These States are clus-
tered together and not one of them Is an outlying
State. They make the very heart and the
core of the Union. They have greater in
terests than all Of the rest Of the Union. Now ]
object to the policy Of those who ask you to vote
to continue their policy. The great underlying
principle of senatorial representation they have not
only violated clearly, but they have brought upon
the people great wrong and great injustice by
virtue of this violation. To-day a few States
where most of the whites are disfranchised BY the
laws Of lawyers and by their own local legisla-
ton, and where the untotored African Is repre-
sented, though he really acts under the influence
of men from elsewhere, outvote a majority Of the
people of the United States who have been sd-
ritted with hardly enough population to entite
tors they send to Washington have neutralized
the vote of the great State Of Indiana, or the
more populous State of New York. Substantially
the great nine States OF this Union have been dis
stitution and with the interests Of the people.
How have they told upon you. the people Of
Indiana? Let Us see. When this government
found itself engaged in war 1t was compelled to
borrow large sums Of money. 1t issued bonds to
accomplish that object. These bonds were taken
in one section OF our countryf for obvious
That section was always the wealthiest; 1t made
vast sums Of money out Of the war. thought Ii
full OF evil but they went on in spirit Of un-
wise expenditure, until to-day you find one cor
ner of our land holding q vast lien over great
extent of our territory. Another thing was
pressed. II was said, let this government de-
stroy all local banks let IT issue only paper
money; and as part of that scheme they said,
let us make bank currency to the amount Of
$500 GOO, 900. When the government entered
upon that thought 1t an unwise policy.
To restore peace TO the country, that TO day
they come before you again to arouse your pas
sioDs and hatreds. Would II hot have been more
noble. more in accordance with Gods own sacred
teachings, more in accordance with the lessons OF
morality; would itnot have been more in accord
ance with all that history has taught rs, II there
had been great, wise and magnanimous states
manshp seeking to draw vail over the past and
TO heal its wounds, (Cheers.)
1t is here, my Republican friends, that you have
failed. II is here that you have done great
wrong to the order and safety of the country.
You have made it the policy of the government
TO teach hell rather than fraternal regard. do
not stand here to say that you mean these things,
You do not, but when you found yourselves IN.
able to answer our arguments against your policy
Of Withholding from rs the privileges which you
give to another and Of building up ono interest
while another languishes, when, after having
claimed In your convention that your measures Of
reconstruction had been successful, while you now
admit that they have failed and that the South is
in q worse condition than ever since the wal.
You find it necessary to divert the issue and at
tempt TO do the same thing by appealing to the
passions engendered by the war.
cannot but feel, and have communed with
my own heart to see that party prejudice does not
distort my judgment, that the policy Is unjust