Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1868-09-17
Hr.,Psndlston in Cleveland.

gloriously gathered on the blood-stained battie-
Mr.. ,Psndlston in Cleveland. 'if
The editor Of the Cleveland Leader, on
the arrival of Mr.. Pendleton at iClevs.
land. presented to him certain questions,
which in his speech at that place, he fully
answered. From the report Of the Gin
cinnati CommsrciaIw we give the following
extract: 2f
Another question is propounded to
me: "Do you indorse the programme OF
the Democratic candidate for the Vice
Presidency, Gen. Frank Blair, as stated
by himself 10 bis letter to Col. Brodhead,
as follows: There is but one way to re-
store the Govern nent and the Constiiu
ton, and that Is, for the President elect
to declare these acts (the recon- nstruction
acts) null and void, compel the army to
undo its usurpations at the South, dis
perse the carpet-baG State governments,
allow the white people to reorgan'ze their
| own governments and elect their own
| Senators and Representatives. The
House of Representatives will contain
mbJOtlty VI Drmocthtsair"m tno No.'",
| and they will admit the Representatives
elected BY the white people Of the South,
and with the Co operation of the Presi
dent, it viii not be difficult to compel the
Senate to respect the obligations of the
Constitu ion p silas
This gentleman wants to know whether
indorse that programme or not. don't
quite agree with General Blair that it is
the only way, but ! can tell ysu think II
| is q very good way. doubt very much
whether it will be necessary to do any
thing of this kind. / don't hesitate TO
say to you, ia response to that question,
that / believe those reconstruction acts,
from beginning to end, ere unconstitu
,ional, revolutionary, and utterly void
[Grest applause I don't hesitate to
say that everything that has been done
under them should be uudone, unless the
undoisg of it will cost us more trouble
than the submitting 10 it. Sometimes,
you know, out Of those things that have
no justification except the mere brute
| force which has been able to execute them
such force may CRATE at times, butlit may
cost more to undo it than to submit for
time Possibly we may have to expe-
| rience such state of affairs in the tu-
ture, but am in favor, if ever the Dem
ocrstic party gets in power, of taking
away from the people of those States the
illegal and revolutionary burdens that
have been imposed upon them BY the
Federal Government, and of restoring
them to the Unien with all their lawful
powers under the Constitution. lCries
Of Amen y And that is the sublime
theory of our party now. 1t is not recon-
siruction-which, 90 my friend said, i'm
| piled destruction--it is restoration of the
| States-restoration of the governments
restoration of civil liberty--restors-
ton of the harmony and peace which for
eighty years marked the Government,
when il was administered according to
| the letter of our beautiful Constitution.
But hnd there is still another ques
tion propounded to me. It is this: sD
Do you indorse the views of the Dem
ocratic candidate for President, Horatio
Seymour, as to the payment of the Gov
ernment securities in gold, as given in
his own words in another column of this
paper r. 90 9nal1g u ao
Well, gentlemen, object to the editor
of the Leader interpreting the statement
Of Governor Seymour of his views; and,
in order that / may not be missppre-
hended in what I say, I propose to read
to you, with few running comments as
they may suggest themselves to me, what
Governor Seymour did say in his speech,
on this subject. .cil
"Itis mistake" said Governor oey.
mour, to suppose that the interests of
the bondholder and the tax payer are an
| tagonistic" Do / believe that2 Yes,
gentle men, do. / believe it is to the 10.
terest of the tax payer that the 6ve-twenty
bonds shall be paid 10 legal-tender notes
[Cries Of " Hear, hear"
] believe that it is TO the interest OF the
bondholder that they shall share their
fair share Of the burdens Of taxation, and
whyf The public debt of the Uoited
States to-day is $4,000, 900 000-twenty
six hundred millions Of dollars and more.
The value Of all the property II the
United States, as estimated in 1860 by
the collector of statistics, amounted 10
Sll. 600, 900. 900. Since then we have had
| four years OF war. liz three years Of
peace would supply the rsvages ofprop-
erty which four years Of war made, then
to-day the property Of the UniIed States,
according to the official census, amounts
to q little more than 80 000,0 900 900. The
amount of debt, as compared with the
amount Of property, is one-sixih. The
burden of taxation which rests upon the
people Of the United States TO day
amounts TO more than sixteen per cent
upon ell the value Of sll the property
Owned by every human being in the
United States And yet, while our debt
is thus, while our taxation is thus, We find
that one-ffth Of oil The property in the
county is represented by this capital 10
bonds, that capital vhich could 90
well bear taxation. that capital which
works for its idle masters from the lst
day Of January until the 3lsf day Of De
cember, By night and by day. through
simmer and winter, storm and sun
shine, which is rot subject 70 the Ills OF
the bones and muscles ssd bodies Of men;
that cspiial, say, esotienen, which
e,.,.sss. ia owner, though be tolls not nor
spins, like Solomon In AZ his glory, .
e1~ppt from tAxsfion. That ousht not
toH,t: / believe cannot last / say 70
ne b5udholdef that b oufht 20 Be
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