Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1868-08-25
Gen. Cary Pays his Respects TO the

Gen. Cary Pays his Respects TO the
~ Cincinnati Gazette. 4
On Saturday night, General CARY, the
workingmen's candidate for Congress IN !
the Second District, made speech to an
Immense. crowd. From this able speech
we extract the following ~ y vi
Iwant to pay my respects, for moment, |
to the Cincinnati Gazette. You will pardon
me for alluding to that sheet; don't in
tend, in eth1s campaign, to have much to |
say about 1T, whatever it. may say of me. 4
It. can keep on it tried its best to misrep-
resent me before, and it may try it again.
After made my speech in the Sixth street
market-space, they told tile people that
Cary advocated the issuing of nine hund-
red millions OF greenbacks, Increasing the
present circulation of nine hundred mill
lions of dollars. How, did they make. that
up? Why, they said I,was in favor of put
Bank paper. II you take in the National
q Bank currency and issue $300,000000 of
+. greepbacks, that would. not increase the
circulation. There's a lie to begin WITH
1Applause.1 Then, was in favor of issu-
ing bills to the amoupt of 515,0000 0O0 of
sleg tepder,I to take up ,$5l5, ,000, 900 of
I bonds, redeemable at the pleasure of the
Government; that, added to $500, 100000,
would make $Sl5 600. 600 Of increase. But
stepa moment. II the National Bank paper is,
1callediDJ Jandithe bonds handed over to the
bankers, we win have $500. 900 900 less than
We haye now @ Then as ,ssnlng n s9i5 QQ0oS0o
have now Is Secretary Me- Qdlloch has con-
0 tracted the currency S2l5 900 00G so chat
:, after you have paid, off $5l5.000 600 of the
bonds, now redeemable, you have $40, ,OO0,-
900 less circulation than when they COM
amenced drawing in 9theocurrency. y. This is
the $900000000 of . increase Ioadvocate.--
y And SEE, what 2 yast,cpuntry we have open
to circulation compared with what we had
then. Then we had the North only; now
Z the sSouthsis Opened and they havn'tp a
q dollar hofi circulation. Every body. wants
3 1t except the bondholders; they don't want
1t. The less money there Is in circulation,
the more their money will buy. - iHiH
nSJ If the labprer gets but one dollar a day
instead of two, it reduces his ability one
8 half to pay the national debit and renders
the one dollar the bondholder holds equal
to two. Let US look at this matter Ipro-
!! pose to save this people from this enormous
O taxation as rapidly as possible. Il am
charged sometimes with being repudia-
tor, but say pay every cent Of the nation
al debt; pay it in good faith. We owe it
: to those who hold the bonds;Gwe owe it to
b the soldiers who lie buried in the Thousand
battle- fields :. we owe it. to ourselves, to
! posterity, and to the fathers who built the
Republic to pay every dollar of this debt
in good faith, if it takes all we are worth.
2 But i believe In paying it just as we have
! agreed to pay it, and in no other way. o.,
Mr.. Cary then explained his financial
= theory, which, as we have before given, it is
. unnecessary to repeat. slW 5i--Dsntio"h
-!ol Mr.. Kirby says that General Cary is get
ting to advocate Leather money! That
grew out of d remark In d speech that 1
made to ten Thousand people, more or less.
in Springfield,I Ohio. 5fWhat is money ?''
|. In my reply to that my, answer, was, mon
4 ey is the legal representatiyeof value, with
out any regard to the material OF which it
is made. Whatever IS stamped byithe SOW
ereigni power of the Gov ernmentis money;
s thas will; purchase any pifce. of property /;
pay any debt, public or private, no matter
what it is made of; the material has moth
: Ing to dOiwith IL; whateverethes sovereign
o power declares to bea legal tender, in the
. payment OF al debts, eissmeney, qwithQut
:. regard to the material of which it is made
Twhether1t be leather, paper, or whatever
Hereissalittleecaleulat continued Mr.;
= Cary. that lean nptl keep in NY head ex-
sSpsnsds W s6f tTs Gshefai GSSsfhRsnt, Ss s, The he
siStstSi governments the, city ngoperarhents
! slandhhe interest ont bonded debts atnonnt
$ 70 oyer $500. 9O0,0Q0ayea NoY, there are
'SnppOsfhg there are 1000, 600 who5do not
3 5earnsany thing, but hveien their interest
s on rents; this Would leave 4.000, 900 of
voters who are engaged in some kind Of
honest occupation. So -,
H6w Hutch do they have to pay Fig
'tfes dohot Ae,l althoaghp the. Gazette some-
Il times tries tolilaka them, Suppose there
were 800 working days IN the ysar, it, would
= to pay fifty cents per day' or five cents per
hour for every ten hours work. hTheIdabt
to be paid Isl six hundred. MILLIONS per an
nam 4satis sss sd6 to pay fry millions per
ss,i5o per Minute, Minute p and ~ YET these bondhoad,
sefs aud their representativesi in Congress
-Issy shat this immense debt and the prinei-
q pal of it is to be paid in gold. IL .,, .
My friend, Job Stevenson, says heis in
favor of the Funding .Biil.a That was a
aimeasure passed by a. party vote at the last
hour of the session, abuto THANKS 10 Andy
4 johnson, he stuck 1t in his breeches pocket,
and, there itis,yef. Loud laug ughter. That
. bill provides that the present -inde debtedness
) of theeouutry shall beconverted into forty
year bonds ct four Tand q half per cent, jn-
r terest, to be exempt from all taxation, prin-
cfpaf and interest payable in gold, the in
terest payable semi annually. ~ loInl
gam che policy / presented to Congress in
my bill were to be adopted BY Congress and
y It the Workingmen would send enough men
to Congress; ndependeht Of ali parties, to
stand BY that bili, and to pass it, Iiawould
gforfeit my reputation in.all coming time, if
every dollar of the public debt were not
paid IN twenty years, principal and inter-
are now taxed! blI0J 5lis d5id@ 3aIiRGs
il Iundertake to say. that theldebt, princi-
II pal and interest, can not be, paid in gold,
q, and undertake to, say if it can, it never
will be- and l undertake to say that, If you
return me to Congress, as far as my vote is
concerned it never shallsbe.5 [Applause.
J say that the people OF this country do not
o earn enough lou have been told that the
g workingmen do not pay any taxes. There
are $3.50 per annum to be paid by every
voter, and, as the bondholder does not pay
it, itmusti be paid by the four millions OF
voters any how. s,,lopse adj. .-.,i-r
Now, we can not pay more than we earn,
and undertake to show that we do not
earnfenough; that the productive industry
of this country does not earn enough to pay
interest on the public debt as now constitu-
ted, and it is increasing rapidly every day,
from five to ter millions per month. How
fares the working man under this system ?
. You have Ites feed your families on the
=, ,coarsest fare; You have to clothe your fami-
lies with the coarsest fabrics; you have to
be satisfied with the cheapest school books,
S and live economicallyoall the year, and
If, on the last of the year, you come out
even, you think you1do confoundedly well.
.[Laughter. You Know you work hard;
YOU know you earn the money you get {;
you know all that, but you can not tell
B what becomes of it, Il no .4si I'D Il,
Mr.. Cary then alluded to the attempt of
r Mr.. johnson to rid the Internal Revenue
Department of the thieves that fatten on
the public plunder. There was Calicott
of New York, a Revenue Collector, Re-