The Portland daily press., 1872-08-27

lTulnDull, Tie DTiSuteSb anu uOsb ct-
fective orator in the Liberal Republican ranks
the man who was depended on more than all
others to restore the waning fortunes of Gree
leyism in Maine-came to Portland last night
and spoke at City Hall. 1t was an excellent
meeting in point of numbers, one of the best,
if not the best, the mixed party has had; but
they were not Greeley men, as a glance over
the audience would show, and as a little Incl
dent at the close proved.
Mr.. James III. Hamlen presided.
Senator Trumbull, when the cheers which
greeted him on his introduction had subsidized, re-
ferred to his New England birth and stated that
he had come before the people of Portland to
promote reconciliation and love of country. He
eulogized the late Senator Fessenden, whom he
he said no one could doubt would be found on
the side of the party which resists the intoler-
ance and desperate demands of the existing
dynasty, and whose mission is to restore the
purity of the government and the freedom of
the ballot. The dynasty which now has the
control of the Republican party claims credit
for much that does not belong to it, AT Phil
adelphia it claimed to have suppressed the re-
bellion. ..., ... ..e ...,.L.
work for Grant and Sherman and the leading
generals were Democrats. How vain therefore
the pretence! The rebellion was suppressed by
the whole people without distinction of party.
The Republican party also claims credit for the
finances of the country, which, the Senator said
though in a scandalous condition were the sub
ject of boast They are in dsgraceful condi-
ton. 1t is difficult to ascertain by the pub
ished monthly reports how much of the Ma
tional debt has been paid. The official reports
of the officers of the Treasury, which were not
prepared for partisan or political purposes, show
that Andrew johnson paid more of the public
debt and relieved the country of greater bur
den of taxation than Gen. Grant. MEM.-If
Gen. Grant has paid $300,000,00O it was done
by Republican Congress. If anything was
paid under Mr. johnson it was by him and not
by the Republican Congress which then ex-
isted!]
The official reports of the Secretary of the
Treasury, Gen. Spinner and the monthly state
ments vary more than $100,000,000 per annum.
Secretary Boutwell, has recently stated that the
expenses of the Government under Gen. Grant,
exclusive of the interest on the public debt,
Gus administration. Mr. Buchanan's expendi-
lures were $6O, 900, 900 per year; Gen. Grants in
1901 were $167, 100000 The expenditures of
Mr.. Robeson's navy department cannot be as
certaned, for the returns of the several officers
vary S16,000,000 in their aggregate. 1t is by
such statements as these that the Administra-
Ton calculates to misead the people; and it
ought to be hurled from power for its false
hood. The Senator proceeded:-Congress au-
thorized Secretary Boutwell, to exchange $780,
600, 900 of per cent. bonds and take up an
equal amount of per cent. bonds at rate moi
exceeding one half of one per cent. But Mr..
Boutwell, formed Syndicate, composed of Mr..
McCnlloch, Jay Cooke and others, and author
lied them to subscribe for $10O,0OO,OOO for the
redemption of these bonds; and the First Ma
tional Bank of Washington was made depos
itory of public money at their suggestion Th
transfer was accomplished through this banl
without the payment of dollar OF subscrip
ton, and the syndicate took IL per cent. OF il
legal interest or 81, 100000 in violation of law
[MEM-Did not the Senator overlook the fac
that ninety days notice to call in the bonds wa
given by the Secretary according to law, an
"'o' WV ihOClcoG vi ouVStdhuiiS pOiA'
ceased at the date fixed by law?l
The Senator then rehearsed his version of tn
history of the Secor claims for the constructor
of certain war vessels in 1S62-6l, under a change
in which contract Congress afterwards mad
, extra payment of $4,000 on the report of a
investigating committee; and he charged Sci
rotary Robson with having added 800 900 frol
, the naval appropriation of 1870, in violation {
law The usurpation of power was the ne,
head in the Senator's discourse. He charge
the Administration with retaining $780, 200, OK
in the Treasury for the purpose of affectr
elections instead of using it for the resumptic
$ of specie payment. In his judgment it is dal
k cerous to the liberties of the country to have
much money in the hands of anybody!
member of electoral ticket in his own State
President of National Bank, and that bar
has been made depository OF public none
The President has been notified that the mon'
will not be wanted for six months, SO he loa
it at 10 per cent and contributes largely to u
10 Grant fund The Senator thought it Cover
= ment was so flush it ought to resume spec
payment and stop gold gambling. lMEM.--Il
Senator forgot to mention that the depletion
It. gold in the Treasury would crafty the Greel
gold gamblers by sending the premium to 15t
Another usurpation of power is the attempt