Indiana American. [volume] (Brookville, Ind.) 1865-1872, 1868-08-14

ktto NS~t W oay fect ulkuts H1 Il oto w
reading his speech, that we had proposed
in the Senate, by bill, to send arms to
those governments that we have Just erec-
ted in the Southern States.
Ahl so we did. II has been the policy
of the Government ever since its forma-
ton to send arms to the States from time
to time even in peace;sand there was a
bill brought forward, FOR which I voted
and spoke. to send arms &c the several
States according TO their population, Civ
ing one thousand for every member of
Congress and Senator. These arms are
not needed now in the State Of Indiana.
but they are needed by these loyal S,ste
Governments in the South. These new
State governments have no arms: NOT q
single musket In the arsenal; not a single
dollar In the Treasury 10 buy arms, and
surrounded by rebel population that Is
armed 10 the teeth. and this rebel popula
ton is invited TO rebellion by the Demo.
cratic party of tho North. and that party
has just placed a candidate In nomination
upon an express proposition that these
governments shall be overturned by force;
and yet when we propose 10 send them
arms 10 be placed In tho hands OF lawful
miiiia u great outory Is raised In 'he
North IL il contonded that these loyal
governments shall be left unprotected to
the tender mercIes OF hostile, armed
rebel population by which they are sur.
rounded. am sorry 70 say that that
bill did not pass tho House. II ought 70
have passed. | merely refer TO Il because
Of nm attempt TO prejudice the people OF
the North In regard 10 the character Of
the bill.
mo several times last NIGHT, 10 which ! do
not et al object. But he will therefore.
excuse me II | take the liberty Of refer
ring 10 him, and 10 some Of the opinions
he has expressed. And drst, l will say
he hns uninientionally, no doubt done
mo injustice upon one question, in regard
10 the question Of the currency, and ]
want to make n general remark here be.
fore | come 10 that-that while the Demo
cratic parry has no status or position upon
tho subject Of tho national debt, but that
Of repudiaiion. II also has no status or
position upon the subject of the currency
except its extreme imitation, under the
prcienco of paying the national debt. 80
that the ercenbacks shall become 80 nu-
merous TINT they will not be worth the
paper they are printed on. | will thank
my friend 10 read some remarks from the
speech Of Mr. Hendricks on this subject
"Tn q snecch delivered at Columbus
Ohio. on 9th day Of August. 1867, Gov.
ernor Morton spoke OF the proposition h
my tho bonds in greenbacks as "th'
black neluofrcpudiation" ion"--"the black
clond of repudiaiion" "chareed
with the livid liphtnings Of dishonor and
destruction" and as "a weak device o
tho cnemv bv which they approach direc
rcpudiaiion.'
All this IL an entire mistake In M
sneech did 7 ever take this position. A
Columbus 7 did not even discuss the nues
ton NJ 10 whether the Government hat
the right 10 upe existinv legal tende'
notes IN tho payment of 3 20s hut what
discussed or what I denounced was ih'
Democratic proposition To issne thou
sand or two thousand millions OF green
hacks for tho purpose Of paving the M.
tional debt. I denounced that M ropn-
iiaiion I reneat II 10 night. | do
nounccd I, ~ robbery and plnnder no
only of tho hondholder hu' of the Who'll,
reonle and | saw now that lf the Demo-
cratic rartv has nnv position dnon ihi
question NJ all. n l. that tho Governmen
has tho right 10 90 on aud issue nev
greenhncks 10 the pmonnt of hundred
- a. 4.
greenhscks sre issued 10 that amount the,
will never be redeemed. thcy will becom'
worthless. 80 that you can not hny ha
with n hatfnl ofthem. And this II th'
Dcmocrntic position that denounced ~
that occasion. But while this is ih'
Democratic doctrine. IT, position, " u ha
any on that question. notwithsinndinl
what Seymour may have said or smal
body or Democrniic bondholder, ma,
have said must, In Justice 10 my collenr'
Mr., Hendricks, say that upon that ques'
tion he has no status or nosition nj nll
llc made speech. on the s'h of January
/. I, this citv. which he repeated lnst nigh
in part. will ask my friend TO read
part Of that speech;
paymont of our debt hy the issue n
ircasurs notes, and thus stop The pavmen
Of gold interest, and also increase on
ourrenc". and thus stimulate commerce
enterprise and labor and In connection
with n wise policy towards the Souihcr'
States and the development Of their re-
sources, restore prosperity to the Who'll,
, country
After Mr.. Hendricks had proceeded Il
, argue the right Of the Government 4
/ pay tho debt IN greonbacks; he then stat
cd "it Ia time now 10 commence the issue
Of those grcenbacks for the purpose o
! paying the debt md 10 stop the gold In
terest." lilo would issue enough TO pa.
} the debt aud stop the gold interest. Why
my friends. this is all Brick Pomeroy ask
, this is all Vallandigham ssk-this ]
moro than Mr.. Pendeton now dares /,
demand. Itwould meet tho views Of th'
extreme men Of his party; but there /
! something else which would ask m,
friend 10 read;
"I would no, be understood as beip,
. in favor of an increase OF the currency
! without limit The dangers aud evils o
. an unrestricted issue of paper money cat
not be too carefully avoided. Tompta
: tions in that direction ure great, aud mus
o be resisted by wisdom aud prudence. N
T one more than myself regrets the necess
1 ity OF resort TO paper currency, but
c results from the necessities OF our condi
- l.. II a