Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1872-08-17

/ HOW THE B0NDnOLDERS BOUGHT
GRANT.
From the Speech of Hon T 4. Ho'drcfks. at H.
dianapolif, IN the 2lat July.
"The practice, on the part Of General
Grant, oftalung great presents, has also
been justified in our midst, and the peo-
pie are asked, by their votes, to say that
it is right and proper. You would pun
ish with great severity, under our Grim
inal laws, him who would give or take a
bribe. How near akin to that is it, if a
person interested in public business
makes a valuable present to another who
has control Of that business, or is likely
soon to have such control? And how
deplorablc IS the state Of onr public
morals if the people sanction it? Gen
| eral Thomas refused a large present,
aud said that his country paid him for
his services, Bat the defense is that
General Grant received his presents be
fore his election rs President, except
perhaps, cane, a pipe, and box Of
'iS"l7' ~ Is Aot u cdIe7' or pipes or
cigars am speaking. Such presents,
Of trltlng value, may be given and re-
ceiyed because Of personal, friendship.
1t IS OF equipa@cs, of houses, United
States bonds, Of such large value as to
make hinayely rich man; and suppose
1aey "gre 4ll gwen altef IL was under
9V1oI tH3V He was 10 pcSorne IreSioehl'
siri'' iuIceu' on tne l 'tii ol FepIuary' lon8
alteI MS cicctloil' ana oilly Two weeks
Delote MS IiI""Bt' t'IutIoh' ueheIaI irallt
seems 10 nave written the lo!Io"iiiS
'o'Vel r-.... p. ,,.,
Bear Geocrai YGgr Jrftrr m Of tba & J5t& rcio.
sing me the handsome testimonial Of the citi-
acns Of New gTk win lhc name. aI the TOO
through you you VIII to thank The 'l Gentlemen
/ whose mcI you have incloscd to me indiyid-
"J' have Vet the honor tG @ your ohcdiort .cr,,,t
US, GRANT,
Inc handsome testimonial thus
acknowledged to Zen. Butterlleld was
not any pipe or box Of cigars. but IS
understood to have been money, United
states bonds, and other securities ofthe
value OF o'e h'hqdrld a1d frc M1n&aad
/ a0"@rSi more than the salary allowed
! Dy tne Constitution and laws 70 the
PRESIDENT Tor tour years. Some OF the
donors were soon thereafter appointed
TO ll8h ana valuable Offices. But 1t IS
sad they were able to give without
missing the amount" That was so, no
doubt. 1hey were very rich men. They
have made Gen. Grant one OF them
selves Ihey have won bis special SYM
Pathles' lie Is Que OF themi not OF You,
Ihey have not missed the amount. 1t
uas all come back to them. Iher recon-
menda'lon III the inaugural message
that provision be made to pay all the
ponds III gold, and the first law which
ne approved and signed, providing for
Sucn payment IN gold, added twenty per
cent; 10 the value OF the hye twenty
DohuS-maklng each thousand dollar
bond, which was payable IN treasury
notes, as was generally conceded, worth
twelve hundred doIlars. During the
year ending June so, 1911, | believe the
Secretary OF the Treasury claims credit
lor nine million dollars paid as premium
on that class OF bonds. They lost moth
ing. The burden Of making General
Grant very rich man was light as a
feather, compared with the advantage
to them OF controlling the policy OF his
administration and securing its special
sympathy IN favor OF the untaxed and
dead capital OF the country. | want to
see no prejudice against that class of
capital nounlnst legislation to its hurt.
There should be no partiallty or fayorlt-
ism IN any direction; but If there must
be partlallty, 1t ought to be shown to
the active capital OF the country,
the use OF which gives employment
to labor, adds to the productions and
wealth OF the country, and helps us
to meetthe constantly increasing foreign