Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1868-07-29

The people trusted him. They believed
hat with the election Of Geo H. Psndlstsn |
,lsud and prolonged chesn)-a nsv 50
would dawn upon the diserdsrsd state cf
sur finances. But although rejected By
The convention, the policy Of which he wss
IN ernest and fearlsss advocate 10 to-day |
incorporated in the platform Of the Demo |
cratic party, and in the standard bearer
that ~ have chosen. We have the assurance
that with Horatio Seymour tremendous
at the font ws will gain . VIC
ssry for principle and right and bring pros
psrity once more to the land.
The speaker then passed to the consider
atisn Of the public debt and showed con.
that the grand cry and dcnuneia
ton which the Radicals send up and the only
thing they have said Or done against the
Democratic proposed system Of rstsneh.
msnts consists simply in calling the Dem
esssey.rspudiators. He would not compro-
mise the homer Of the country nor bring into
disrsputs the National faith BY refusing to
pay one single farthing Of the just debt,
but would pay il asssrding to The very letter
and spirit Of the contract. We propose to
pay these bsndholdsrs the same way that
they paid the soldiers, whs,: 10 defence Of
common Constitution and common Asg,
laid down their lives on the battlefield
Ispplaussl. The debt now.smsunts to ~
6oo, ,000. 900; Of this sixteen hundred mil
liens are Of ths $40 issue. sad which ass
aduittsd BY Radical Senators - not lssa!ly
bound BY the government to BE- redeemed
in coin. But Il was urged that moral Oh.
ligstioa compelled the psepls. to pay in gold
thsss whs had come to the suceos Of the
government in her time Of trouble. The
sonsistsney Of these corrupt and rotten Of
Asials should make them TO b the very last
asn in the world who had word to say in
regard 70 honor Or the keeping Of public
trust.
He endorsed the pslicy Of paying those
bends calling for esin in coin. He would
withdraw the three hundred millions Of na-
tisnal bank currency, and pay Of the $780,:
000, 900 Of $50 bonds, which " deposited
to..securs the REDEEM ptisu Of this circulation.
in grssnbacks. This would not increase
the volume Of currency, but it would re-
lisvs us Of 90 much Of our indebtedness,
stop the interest to that extent. and would
give uniform currency to the county
Thsn, il the officials have been honest
enough to pay into the treasury the green.
backs which have been paid to the revenue.
there would bs-vith this additional issue
Of $500, 900 ,000-snsugh to pay Of the frs,
issue Of 8 eos, which have run over Hvs
years, and which amount to about 3516,-
0o0, 900. This much Of our debt would
b paid, and the interest stop thsrson-to
tho relief Of the tax payer. Then, il ths
money which 10 collected from the laborine
and producing people is not stolen BY cor
rupt officials, ws will have enough
to pay off the next issue Of five
twsnties whom they mature, and &C
on until al are paid. We ha,,
new only seven hundred millions Of papsl
in eireslstisn, and have ~ too much money
now,
The spsaisS then quoted Taad. Stsvsnl
- sasherity On this question, Who said tha
nsthiag but the interest on the s 2Os sheuls
BE- paid in coin. Five hundred and sixtse,
milions Of these have now run five years.
let thsm Be rsdssmsd-pay the bondhsl
in grssnbasks, and tax the grssnbaeks-
lspplaussl lffrauds we're corrected, II th,
internal revenue was rightly collected, th
amount Of taxes would almost pay the in
tsrsst:.sn the debt.
Mr.. Lsfingwell then read an extract from
. speech Of Hon. Hiram Price, delivered il
Congress, on the bill providing for tn
payment Of Alaska, and charging the par
y in power with paying seven million tw
hundred thousand dollars iu gold for o.
iceberg and then, in answer to request
for help and succcr to the orphaned child
rem Of our dead soldiers, to say that tn
Government is not able to give them an
cid. For his course in the matter, II,
Price bad his hearty commendation. H
demanded the abolishment Of the Freed
mans Bureau, maintained At an expense {
$50, 10000 annually-of the sta adm
army - another useless expenditure, an
Of . general rstrsneh msnt in Ill the branch
% Of Government. He then proceeded I
give scathing review Of the many CO..
ruptions and lawlsssness Of the party !
power. Of their complete disregard Of II
frat principles Of oil established law IN
right. sod said that the day 10 net fer di
tant when. ia spite Of these whining @
Harry vanss, Who are preaching meralis
aud their regard for the honor Of the ceur
try, while their own hearts are rsskin
With alsh and pcllution, and their pocket
sre filled with ILL., gotten gains, thsr
will CONE The vithsring Mast Of the iieht
indignation Of the heart Of the people, an
will say . them. with the spirit sfs rssur
Fsetsd Cromwsll-"gst - gons-gst ,
gonss end give piaes to hensstes men,
| Tremendous applause.
| or Gen. Grant, 10 statesman, / hav
have nothing to aay-1 will not dssesnd /
the role Of . politician, and bring up 70
yeur sxaninstion bis pseeadilloss. Al
general Of our armiss-as one Who hs
shed undying lustrs ON our arms; ~ on
Who has achieved such splendid triumph,
would not reach forth my hand to touc
the laurel wreath Of victory won, that rest
upon his brow. A. to his qualifications .
. statesman l only quote his own words
II On 10 statesman know nothing Z
she regulation Of public saaiss. II elected
| shall have ne policy. but the will Of th
people" There is one sentiment vhic
Gen. Grant gives uttsrsnes to, which find
. response In every American hsart-"Ls
us have peace" Yes, bat not tia
peace which, after The cless q
. fearful var. supiasay resigns II
self to the snsrvating inausncs