The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-10-28
S EY M OUR.
CONTINUED FROM THIRD PAGE.


party has been right You are TO decide one way or
The other upOn this policy. IL ID not question
merely Of men. II does not matter whether my dts
tinguished opponent or mysei shall DO cecseu, ex-
rnpn Inc condnct of your during the past four
yaars Hsw happens it that selfish men in the marts
Of commerce can thus speculate upon your dearest
40 not stand here to-day TO assert any principle
or assert any views .oacaing sliis question Wnch
should distrust myself, knowing The indrmities OF
human nature, If felt had formed the views
which present to you now while q candidate for
once. can point to the record Of my past TO show
you they were formed when 4 owed a duty, as
Of that great State ProDaIiy We could
not help one evil. II debt was TO be created II
IN the weather. portion OF the land. IL great
evil TO divide our country into debtor and creditor
States. Men in power were bound to see that they
banking system, and before they did so they de-
stroyed your banking system in Ohio and in every
npon themselves the responsibility not only of giving
you currency, but giving II TO you IN FAR way.
Did they do soY held that the banking system was
passed authorizing our banks To organize unler -
VETOED that law could not see why the govern ya
70 the men-holdmg 100000 bondsna priv PRIV
lege SO valuable, which ~ , one ne e,ne,
Th sta spsGe ens was l yesr Or onooar as
much the interest upon the Eneiisn national
debt Let that go by wheler oS syssea was
ant ana as they mad taken from the people their
State currency they were bound 10 give nack by
New York mad "A great many bonds. New England
had many bonds. The East made great deal OF
money out of The war. You made some but not
IA much When this privilege was given out they
81 oud sad, .'Here are all me great States OF
the west which want currency because tney do BUSH
ness with it. ana they snail have It. according TO the
rule of proportion" II they departed from the rule
they should have gwen more TO Inc West .nan 10 tne
Last. We use bank cheeks instead OF currency in
business in New York. New York banks, under the
old system would not be AZ the expense
OF printing bank bills, SO little were they
used. they would not now. but IL IL o
monopoly worth great deal or money IN
distributing currency they ahould have SAID, ''Ohio
has nearly three millions OF people and s entitled to
nearly one-.enth OF the whole amount" II she can
not take her amount men from from New YORK aud
New England, TO enjoy the privileges, would have
brought their capital here and you would to-day
have thirty millions In circulation. You would not
only have had tins currency to buy produce but this
additional capital all the year round. For business
purposes Illinois wants more currency than You and
she has only about ten million dollars; while Massa-
chusets with half the population OF Illinois, mas ulty-
seven million dollars, though they do not want the
IL aot carried on and never was with currency You
know they do not want II, because when you want
u from them and pay interest enough you get II;
Let us see why the men of Illinois find
the value OF produce put down. The great
mass OF the currency 10 placed under control
OF the moneyed centres, chiefly Wall street. In con-
sequence OF concentration these men borrow large
sums, which are withdrawn from the market and
Locked up Tor the purpose o. making money scarce.
They want TO buy, percnance, your corn and you
cannot get money to forward. They have means to
buy when ready, and make m0nsfrous speculati0ns.
They are doing 1t to-day In New York for the pur-
pose of putting down railroad stock, and in doing
evils because the government did what was clearly
unfair in distributing this circulation. What has
been the result You think you are free and inde
Scndent citizen Of OHIO. Perhaps you are for some
purposes; but you find speculative power arising
from this bad legislation when steps INTO your
fields and warehouses and strikes down the value of
the produce OF your labor That Ia large rednc-
fion from your independence. 1t curses yon and
when men have bought up railroad stocks or
corn and beef and pork The currency not needed
here In winter rolls into New York. The banker
goes to tho Spectator and offers to lend him money
at a low interest. You pay ten or twelve per cent
interest because you have TO borrow Of the East,
when in New York IL is 1--WE or six per cent Specu-
lators take IL and buy up this very property which
has been cut down in value, and by holding pnts
mp the prlce against the aborer o. the East so high
way OF your next crops. Every man who desires to
20 into this election doing his duty TO himself and
country can trace these things INN LOT himself Inc
buted Did they distribute your quotas Tor you To go
10 the battlefield the same way Oh. no ONO, llli-
nois and Indiana had hard rule applied 0y Wnlch
they Gent their number to war beyond their proper
tion, because they did not make population, but
For the first time in the world our New England
friends were exceedingly modest They declared
that you were much more able Bodied people than
putting out bank bills given you as yon l0ughtf NO
According TO your popnlationf No II was given TO
government bonds. lCheers II was unequal.
There was no need OF It, No man can give reason
II no higher warning was given than could utter
Chief Magistrate OF the most popuous state IN the
Union, protested against II as wrong dome yon.
directly but my duty as Governor OF New York re-
quired me to know what made our prosperity. We
have the great commercial city OF the Union within
our borders; we have four millions OF people
looked TO see what made us great and found that
IL the great West. We sell your prOducts,
huv WI
your property on our canals and railroads, and u
di1uses wealth all over ] found that 1t was my
duty in studying the interests Of the state Of New
York. to take care that you were not injured. pro-
tested against sectionaizng the currency and lay
YOU OF ONO, and all the agricultural states. saw
this full Of evil TO my own constituents. Where
produce y pa. up by specuators, as ! nave ex-
planned the laborng man Of the East suffers; II Is
sumer q u nc IA East pf0cses5 e s
Men OF Ohio you may be willing TO bear these things
for yourselves; but az citizen OF New YORK, I'M
plore you 10 have pity on our laboring poor IN our
own State. tCheers.l You must Judge now lar you
stand before you and plead for the interests OF the
poor in the great commercial cities OF the East.
Will not attempt to follow this argument out. Your
own judgment tells you that every word have
uttered Is true. The record tells you how the
division was made. How do these things come
about our republican friends come before you TO
ask the people 10 declare they nave done right, and
wnen you have done mat. will say you encouraged
them to go on In the same course la the future.
Will YOU do III Cries OF NO NON
| have not come 10 the bottom Of this end yet
How does II happen during the last eight years that
we hnd the huilhens and privileges OF the govern
mcnt so unequally dstrbuted2 There has been
policy at Washington the last six or seven years 70
sectionalize power. Let show you how this IL
done You know when we formed our constitution
We LET the smallest state have as many senators
rs the largest. That meant for their
protection aud FOR the protection OF oil,
10 show more clearly that this was
limited partnership, eternal az tho hills, enduring
nv time, but limited none the less. Now, how has
that feature OF our government been perverted TO
produce these great evisf Look az the senate. A
majority or the people Of the United States live IN
nine States-New York, Pennsylvania, Indiana iii.
nois Missouri Ohio. Wisconsin and Michigan.
They have eighteen Senator'S, one.third Of the
senate. The people OF Ohio agree TO that 20
long as II il the fair working VI our
institutions according to the original compact;
but when IL IL made TO invade your rights
you ought not 10 approve Of IL. When this govern.
meni puts power into the hands Of The Senate, and
then fills that Senate with sham States without rep
.tral