Spirit of the age. [volume] (Woodstock, Vt.) 1845-1913, 1871-08-17
Gen MOFgan's Speech.

TIE following is an extract from Il
speech recently dclivcd by Gen. Geo,
W. Morgan, of Ohio, one Of the ablcst
Democrats Of the west /:
THE woRKINGNEN AROUSED.
The business men OF the country, the
workingmcn at length understand that
their only hope Of relief depends upon
the restoration Of the Democracy to
power. In New Hampshire the union
of the workingmcn and the Democracy
secured the election Of II Democratic
Governor and Legislature, and in
Pennsylvania, Indiana, Illinois, aud
other States, they have struck hands
and are acting together. Why is this!
Because the money which is locked up
in bonds has been withdrawn from the
trade, and hare as everywhere else
business anguishes, and hundreds Of
laboring men are thrown on; OF employ
mcnt Tue Democracy, when restored
to power, will correct this evil by pay
inc Off the 5-20 bonds in grecnbacks, as
rapidly as the necessities of trade call
Tor money. AT this time, our clrcuia-
ion is three hundred millions less than
in 1868, although there is need OF more
money now than there was then,
Ten States which did not use our
money in March, 1863, now have no
other currency, and the rapid develop
ment Of the country beyond the Missis,
sippi calls for additional means. A
return of specie payment is the preteXt
fol contraction. The real motive is the
enhancement Of the price OF bonds at
the cos, Of the taxpayer. 1t is so
plain as almost to amount to an axiom
that if there be two currencIc', and one
Of them is made by law receivable for
all purposes as money, while other
currency is not, the latter must be of
less value than the former, That is
the condition of things now Custom
dues are ouly payable in gol&, which
has to be purchased fer that purpose
with paper money at heavy discount,
Make custom dues payable in paper or
cold ut the choice OF the importer, aud
paper money will at once rise to the
par value of gold. That, however,
would be bad for the money sharks
generally. 1t would give stability to
prices, which would be good tor the
retail merchants, but bad for the job
bog Spectator.
Yes. citizens, it is true, "Ihc present
financial condition OF the country
is the work Of the Republican
party The prostration Of trade, the
widespread embarrassment in manu-
featuring establishments the large
number Of men throwa out Of employ
mcnt. are all the work of the RcpubIi
can party. There is only one hope Of
relc!, aud that hope is in the people.
If they want reform; if they want bet
ter times, with more money and low
er rate Of interest they must unite with
the Democracy and Dust tie Republi-
can leaders from power. The work Of
reform goes bravcly on; an honest and
manly effort will secure glorious tri-
umph. From 1861 till 1871 the Re.
publicans had 4 majority Of two-thlrds
in both branches Of Congress; now in
stead of thirty members Of the House,
the Democracy have one hundred, Il
number Of whom were formerly Wings
or Republicans. Without assistance
/ the Democracy cannot succeed: but it
aided by tie honest and patriotic men
who have been acting with the Republic
cans against their own convictions; il
the good men who desire reform with
out regard TO party politics will unite
with the Democracy, economy and re-
trcnchment will be secured. The tri-
umph will be the work of reform. The
victory will be the victory Of the people,
| and mot oI q Marty