Evening star. [volume] (Washington, D.C.) 1854-1972, 1868-07-18
THE WEST VIRGINIA DEMOCRATIC
. CONVENTION.

Speech Of Hon. George HI. Pendletou.
In our notice Of the West Virginia Demo.
cratic Convention, we mentioned the fact that
Mr.. George h. Pendieton addressed the assem-
biage. Later accounts say thar Mr.. Pendleton,
on coming forward, was received with grea,
cheering. After returning his thanks for the
warm and constant support of their dele tes
IN the National Convention. he said:
came 70 snow you that ne personal dis
appointment !iIgers Ia my breast, or dampsns
1or an instant the ardor of my efforts for the
success OF your party;-(cheersl-but that, far
above all personal considerations, 1 rate the
success OF the principles in which L believe,
ana tpat whoever shall hear the flag ON which
those principles are inscribed, shall be found
close by his side In the thickest of the fight 10
eneer MN with my voice and 70 aid him with
After lauding the Con vennon and the nomi.
nees and platform, he characterized the Re.
publican party as party Of usurpatIon and of
s.Ioof AZ svsrv naon,h,, ob .hem @ nnaasia, Poiey
tary OF the Treasury. You will find that
every month the debt that bears interest in gold
rs Increased. You will find that every dollar
that bears no interest At all that bears interest
In currency is converted as rapidly as possIbl..
into the bonds which pay interest in gold; and
why is this! Is there too much currency in
the country! Is there plethora Of money,
is speculation rife! No man will dare affirm
II; and yet this work Of contraction still goes
on and value rs coined for the bendholder ont
OF ,be sweat and tears, the blood and bones
We ask the reason We are answered by the
declaration Of the Republican Convention of
Chlcago that the bonds must be paid in gold,
according TO the spirit and letter of the con-
tract. deny that it is according to either the
spirit or letter Of the contract under which the
hye.twenty bonds We're sold. 1 say that
neiiher the spirit nor the letter of the law
under which these bonds were issued. nor good
faith, nor good morals, nor exact Justice 10 the
bondhelder require that they should De paid In
gold. They are payable in legsl-tender, aud
In tnls opinion l am sustained by the Demo-
cratic Convention Of New York" rApplause.l
Alter stating that the Democrats party were
opposed 10 extension, and desired the imma.
diate payment OF the debt, ana citing their piat.
iolm and declar ations, he proceeded TO recon.
mend the redemption with legal-.enier notes
oi the i've hundred millions Of the first issue
or the nve-twenties payable this year at the
option u the government. He urged that such
measures would stop the contraction and re.
verse the policy of the Treasury Department
and give stability to the money market. H.
strongly advocated the expansion of he cur-
rency, and denounced what he termed the foIiy
and uselessness of contraction
HE disclaimsd hostility to the bond holder
and said he would not aid IN depreciat,uR tn.
currency; he fought against it when 1t was
proposed by the legal-tender act, but since n
was accomplished-since the debt was con.
tracfed in legai-tender-since it NAV be law
fully and honestly paid in legal-tender-he
was an favor OF continuing il until they could
secure the people, who have already suf uffered
all the evils, whatever good may be expected
from the system.