Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1872-10-23
" atertOWn Union League.

Regular meeting Oct. 10th. Roll called
by the Secretary. Minutes of preceding
meeting read and approved
New members were admitted and dues
collected
Reports of the wards were given satisfac-
torily.
The President then referred to the com
mittee that was appointed last week to wait
on Mr.. Hall and Mr.. Green. The executive
officers had met ana reconsidered the mat.
ter, and concluded it was not necessary to
wait on these gentlemen. Mr. Krebs ex-
planned the same in German, which was
unan imously adopted.
T Pres. Moore stated to the meeting that the
Union League is a thorn in the side of all
the bond holders and their aids, and caus es
great irritation. 1t has been said by some
of them that the members of the League
are not monied men, and therefore have no
right to interfere in the settlement of this
bond matter. We wish to ask, how did
thesesmen become possessed of the wealth
they own? Is it not well known, and be-
yond dispute, that their wealth was &C
qulred by shaving the people and their
creditors in every possible way-by bills,
fraudulent bonds, notes, mortgages and
bankruptcy. Is it not clearly to be seen
that they were anticipating rich harvest
from this very bond matter that we have
united in a body to protect ourselves against
their wicked designs. Men in high position
have spoken in favor of the object of our
League, and have said that there is no other
way to bring about just and proper settle
ment. 1t is matter that concerns the peo-'
pie, therefore they must see 10 it, if not
there are those too ready to settle it for
them. But how? with immense advantage
to themselves but to the lasting ruin of our
city. The President drew the attention Of
the League to the fact that Mr.. P. DeVy did
not get the nomination to-day, owing to the
neglect OF our German friends in not attend
ing the caucuses as they were strongly urged
to do at our last meeting. The President
could not forbear remarking on the nfor-
mality of the Democratic nomination. He
wished to know if the League still consd-
cred Mr.. Devy as the ca ndidate of our
League for the Assembly, He asked, are
you determined to give him your support
which you so earnestly accorded at our last
meeting? (This appeal was unanimously
responded to- The following resolution
was then offered
kesolved, That we, the members of the
Union League, do hereby pledge ourselves
to stand by and elect by all honorable
means, Mr.. P. Devy as our representative to
the assembly, on the 9Th day of November
next.
The above was explained by Mr.. Krebs in
German, and was unanimously adopted.
Mr.. Devy rose to thank the members of
the League for the good opinion they held of
him, and wished further to state that he had
always endeayored to do his duty, and was
determined to do so to the full extent of his
power After making some remarks on this
bond question, Mr.. Degy introduced Lyman
E. DeWolf, Esq, of Chicago, who addressed
the meeting in very able manner. His
knowledge of the railway bond system was
very extensive. He told of Iowa, Illinois,
Fennsy lvania and other states that were en-
numbered by taxes laid on them by the bond
Spectators, that they could not possibly pay
the interest alone on the amount standing
against them is Ovcrwhelm ing. He spoke OF
the magnitude of the railway bond system
that is spread all over the states, and of it's
rulnous effects on the people. Mr. DeWolf
said be had seen our bonds offered in the
market in Chicago at 6 and cents on the
dollar, and no buyers at that, and to the best
of his knowledge they never got into the
regular market, they were considered of no
value. He spoke of our League as being
the most powerful means to root up such
systems of ROBBERY, and also the necessity
OF watching our legislature.
The President then made some encourag-
ing remarks on the prospects of the League,
and urged that all matters tending TO its in
terests should not be neG ,ected by its men,
bers.
The NEE ting was then adjourned to Oct.
18th, at half past seven o'clock, at Bolts
Hall, Main street.
w: SPENCE, Secretary.