The New York herald., 1870-02-16
LABOR REFORM.

LABOR REF ORM.
The Labor Movement in New Hampslairc--
Meeting In C0nc0rd--Speech or tho Reform
Candidate for Governor.
CONCORD, Feb. 10, 1870
The labor reform party held the nrst campaign
meeting tonight at Eagle Hall. The hah was
denseiy filed, the galleries Delng nlled by ladies.
The Concord brigade band was IN attendance. The
meeting was called to order by John u. Watson, OF
Concord, who introduced Samuel Flint, the candl-
date for Governor VINO addressed the meeting. The
following ~ an abstract OF his sDecch:-
When he accepted the nominaton he expected
the ar 10 DC iull OF lies. He IA toto denied his
League, ~ has been charged hn. aud indulged
In some structures on the editorials OF the Muuches-
YER ktiTor. l Dcgin with the declaration in our
platform that labor is toe sole creator OF wealth
and money produces notning. Here various ilus.
trati0ns were given anu ne alluded to The position OF
Horace Greeley that capital Is productive We do
not deny that capital III some VI lis forms Is pro-
ductlve. Tie farmer has 1t IN his iarm, docks and
nerds and they may be productive capital. We say
money produces nothing, and take our position and
intend 70 f1ght It out this line. 1t may be asked
ana increase IN wealth without labor themselves?
This ia the great question that nnderies this whole
movement. we intend 70 SNOW tne WORKING men
clear that no man iiyes without Work unless he lives
on the labor OF others. Every man must have rne
necessities OF ie. Inese are all produced by labor.
Money never raised food sawed stuck OF timber.
IL does not increase, Ike animals or crops; 1t is
value for the benefit Of bondholders 20 the
great disadvantage or utter rum Oi the
laborng classes. How does man lve on his
money! lie don't live on 1t; he lives on your labor
and mine. Where man lives entirely on the IN
come from money invested IN bonds and stocks he
lives on the labor OF Others as much II he were
paupcr In the almshouse. so the WORKING men
and women IN TINS and all otner countries are
supporting the extremes In society," We give to
the bare necessares OF life; to the other furnish
oil tue uAuries on earth IL Is true the rich pay
Tor their Injuries wnle the paupers pay notnlng;
but whore do they get the money They do not dig
1t from the eartn or forge II IN shops, unless indeed
they happen to be- forgers. 1t all comes from your
labor and goes TO the Shareholder by force, the lead
ers OF fashion by custom ana the boudholders by
law. Here he spoke OF the national bonds, the man.
ner In which they were issued how little real money
was really paid for them Ae said-Tne legal tender
notes OF the government arc declared to be legal
tender for all debts With but TWO exceptions neither
two OF which applies TO the principal Of bonu. 1t
follows, tnen that the principal was payable In the
currency created by the act OF February 2 1902 but
gold. Here is = deliberate attempt to cheat the
W0rklnRmen In this country OF more than one mil
lion dollars IN gold. The bond question was treated
still further III their fluctuations ana Illustrated by
various applications to exchange merchandise and
contracts. II the bonds are payable IN gold not
are carrying things on IN such grand scale. such
an immensely OF villany, that 1t seems almost sub
cheat ard the bvndhoiders are growing
cautious He noticed The change within two
years in the public Journals on the questions
ment III vrecnbacks is repudaton. Here the speaker
gave an amusing Illustration OF digging out . fox
bondhodcrs into the repudiation hole II we borrow
money aud Oer to pay the same IN equal quantity
and quality, the same anou0t in the same currency
is this repudia' ion We offer 10 pay the bonds In
this way, anu some Old hound bawls out "kepudla-
ton ~ and every little eur Ia the PACK yelps IN
voxe us too far. There Is such tning as repudia
uon.
The return to o specie basis was discussed. the
speaker claiming We never had u; and here The
banking question was considered saying tDat II tle
banks Ia old times cou,d have only issued bills K
the amount OF specie IN the vaults then there woult
| have been specie basis. Take an old state bank
| you viii gnd IL something different mom the
1 tapernacre mat was SHOWN 10 Moses on tn
| mount DO you want 10 return 10 such a state 0l
things, especially when we consider that the bottom
| dropped out OF these banks every ten years and
people found 10 their sorrow there was no specie
basis? Ihe deposit Of bonds and the national bank
capital to the injury OF honest industry. Our pat
form demands they be abolished. When money Is
plenty rates OF interest are low; when scarce hian.
II ought to reach our republican traders that we
need extension instead Oi compression. Tie old
federalst once said that we shall never have good
times until Il poor man is compelled 10 do days
work for sleeps head and pluck. Ihs Is wnat
the andhoders want now. More money Is asked
for the departments at Washington ana our taxes
Ill most OF our towns are growing higher
ana tue means 70 pay harder. We want
no non more regps nssr VI .ne Nyf,n roe nor
Many are the engines employed by our political In.
quisitions to wiring money from our honest working
extortionists. shall say nothing on the policy o!
the tariff question only that operates like sponge
10 absorb the products OF labor and takes bread from
the families of the workngDien Here the necessity
OF new party was treated on. Our democratic
friends tell us their platform Ia al! that de-
sire Our republican, friends claim more. They say
they have done more Tor the iabOiing classes than
any other party that ever existed IN the country ana
point to the past We do not speak OF the past Good
deeds In early life VIII not atone for crimes OF
ripper years. The great question Of the day is what
are these parties doing now? They talk well and
promise fair; but by their fruits we know them, uEd
we know that botn parties under The control OF
the bondholdcrs az the Old parties were under the
savcaolders. They have dep0Sed king Lash" aud
crowned king CASH" lie is ruling Us with rod
OF the Old parties. Workngnien cannot correct
abuses In the old parties, because OF dls5ensions and
differences on measures or men. house divided
against itself cannot stand. They are willing for
us 70 talk OF labor reform II We only vote
their ticket but this union OF working
on the wall and causes their countenances 10 change
ana their knees to smlte together. You cannot
cleanse fountain by lterinS the water below; yon
must go to the head dig new channel, open ne "
fountain OF pure wafer When scoundreis and fools
get the control OF party the only way to reform IL
Is to XIII it. When the tree becomes rotten II Is 1T
only TO be thrown down and cast into the fire.
This cannot be done as long as you vote the
party ticket. You cannot vote for villain
without encouraging his dishonesty. l con-
slider these good and auricent reasons. II
not the only, II IS certainly the shortest way 10
State ticket. He had felt alone, but now he felt as
II he had party he could work with. The address
was received with considerable applause.
letter was read from Alexander Troup, OF New
York LaDor Reform, stating that y similar party
would be formed In New York.