Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1868-07-29

WHICH supports nun ueciares tuhI u tuoy Sei
not do it by the votes of you men ofthe North,
it will elect him by the votes Of the negroes
and carpet-baggers in the reconstructed States
of the South. Gentlemen. do Jou see no dan
ger here? When, years ago, we predicted
this result, and warned against he first step
in revolutionary progress, the Republicans
laughed at our fears and called US .Coppe:-
heads and traitors. Applause. When Ma
poleon was called on, young, unknown to his
countrymen, never having had command even
of q regiment, to quell the revolt of the sec.
tions, he did it elfectually. In four years
he was First Consul and master of the French
people. How grand the theory which the
Democratic party opposes to this whole sys-
tern of the Republicans read from the de-
claration of principles:
First-Immedate restoration of all the
States to their rights in the Union and under
the constitution and OF civil government to
American people,
"Second-Amnesty for all past political
offences and the regulation of the elective fran
chise in the States by their citizens"
The Republican party is the party of usur
patton. 1t is also the party of corruption.
Read the report of the Commissioner of ln-
ternal Revenue. Count the number Of clerks
who are seeking in vain to discover the
amount of peculation in the Treasury De-
partment. Go to the War Department and
see the mutilated archives, and ask why they
were destroyed. Visit The peniteatiaries and
count he public plundercrs who are confined
there. Hear, hear. He reviewed the ex
penditurrs of the federal government from
July l, 1865 to July l, 1868, shown that
the Democratic administrations had been
much more economical Moreover, be would
ask why Was it that the amount realized fran
taxes for 1868 would be less than the amount
realized in 1861, considering that the rate
Of taEaticns was substantially the same?
nave been represented rs hostile to the
bondholder. Gentlemen, you shall judge
me. All hostile to 70 class or interesr in
the ccuatry. simply desire TO be- j'st--ju>t
to tic bondholdsr, just to the people would
live up with scrupuIous fidelity 10 the terms
OF our contracts. would pay the interest Of
the fve.twenties in gol., because tie gov
ernment promised to do SO. would pay
principal and interest of the ten f,riies in
gold, because the government promised to do
so. l would pay the principal Of the five
twentes in legaltender notes, because the
bondholders agreed to receive them in pay
ment and as would not repudiate au hon
est bargain to make money for the people, SO
will not repudate an honest bargain TO
make money for the creditors. [Cheers.l He
did not think that policy would give us a. de
predatory currency, but, on the contrary,
was of opinion that ust as the public debt,
was thus discharged, will the certainty of its
ultimate redemption be more apparent, and
its value be rapidly and steadily increased.
These bond operate as mortgage upon the
property and labor of the country. There
are TWO thousand millions OF them. Pay off
these two thousand millions, aid will not the
legal-tepders be first in the proportion more
valuable.
know the evils Of deprecated currency.
I would not aid in depreciating our currency.
fought against it when it was proposed by
the legal tender act. but since it was accom-.
pIished-since the debt was contracted in le-
gal tender-since it may be lawfully Gnd
honestly paid in legal tender-1 am in fevor
of continuing it nutl we can secure The peo
pie, who have already suffered all the evils,
whatever good may be expected from the
system. But, gentlemen, / detain you toe
long. have sought to bring in sharp con-
trast the two parties and their respective
principles. Choose between them. Cheers.
Senator Thurman and several other speak
crs having delivered addresses, the conven
ton adjourned at eight o'clock.