The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1872-10-03
Greeley at indianapolis.

IL
: in the evening bv Hon. Daniel W
Il VOORHEES,, who said - -.ssF
4 p MY. FELLOW CITIZENS The honor
q of introducing the distinguished guesl
has been assigned to me. II
. is we'll known, my friends, that when
this great movement commenced my
relations to it were not what they arc
now. | complied, however, with the
behests of my party when the expo
nent of our principles, who is mere to-
night, was placed in nomination.
1 Since that time, my Judgment my
heartgaha my mind has been imDreg-
/. mated with the belief that we are en-
gagged in the great movement for the
/. fredemptieH and benefit of our conn
4 try. The gentleman who is here to-
4 night as your candidate has commend
ed himself in a large degree to our
support and otir confidence, by, his
public utterances both in letter and
/ speech.,sThe. speeches, which he has
4 been deIiVerilg on. his present tonr
VIII be among the few specimens of
political literature preserved fer the
admiration of future ages. Lido not
hesitate to say IN your presence, and
before the whole country that for
Epurity of sentiment, elevation OF
i thought integrity of purpose, broad
hphilanthropy, lofty beHeVoieBce, aud
elevated statesmaAship, the speeches
that Horace Greeley has delivered on
1 his present tour through the West
have no equal, no parallel in Ameri-
can history, in the politics of our
country. [Great applause.
1t had never been for him before
l would be for him tonight. Cheersl]
His election signifies peace and rec
onciliation; signifies love among the
sections where hate has prevailed; !;
signifies purity in every departm ent
of the Government Irstood .ierth
once to oppose this movementysbut
bowed to it when my party decided
to embrace it. Tonight go further,
further. Tonight embraceit with all
my heart, with all my mind, with all
my strength as tending to the purifi-
cation, the redemption of our whole
country, North and South everywhere
/ Loud applause This spectacle is a
| bright omen of success. 1 propose to
introduce TO yol my felloW-citizens,
one Of the men who, by his own brain
and hands, has carved for himself u
foremost place, mot merely in the his
1 j.
ry OF the world,q / propose to intro
duce one, who, from the position of
labor, and toll, has placed himself in
the front ranks of mankind--Hofaee
Grceley. Loud and prolonged cheer
ing.l grstI z7.gqa az 81 4712 sH'at:,a2 2
Mr.. GREELEY ON PURIFIcATIoN-THE
Pacific, RAILROAD, sWINDLE.
Mr.. Greeley, on being introduced,
eo;,55.s!sosg - 1.f-sis. .--l 2'.I ''1i- -77i--
% e'i q I'D i,gloas aa5s si5ii-s ;Htii sl2tad
a7PEoPLE' OF INDTANA:7 The -distin-
guished gentleman who has just ad-
dressed you has pronounced the two
watchwords of the present canvass.
The firstis reconciliation, and the sec
ond is publication. / have, spoken
heretofore on, reconciliation. / pro-
pose to speak to night in the interest
of purification. Our country has re-
Gently encountered and vanqnished
the peril of fdisunion. Shef5is to-day
confronted with the deadly peril of
corruption. The cancer is eating into
her vitals whereof the essence is pur-
chased Legislation, bribed public SER
wants, and several betrayals of the
highest trusts. These are the ele-
ments.9.ta 1uf
present peril by simply recounting to
you undeniable facts, which illustrate
the history of legislation by Congress
with reference to the Union Pacific
Railroad would fix your AT
tention on this as sample of the
means whereby scheming, selfish, av!
aricious men contrive to glut their
own greed, while they talk of public
interest and public benefcence. Ten
years ago Congress passed an act t,chaF
tering the Union Pacific: Railway.
That act. was intended and calculated
to secure connection by railway of
our Pacific with our Atlantic States
noble purpose, and one which cannot
but be strongly commended. As it'll
was certain that private capital W ouid |
not build a road through two thou
sand miles of mountain and desert, |
Congress resolved to aid that enter |
prise generously. -.E .-:-. o.a1@
In the first place, the right OF way |
through the public lands was granted, !
with the right, also, to take material |
from any part of the public domain |
next, a large grant was made in aid of |
the Pacific Railroad and thirdly; |
bonds of the Government to the ex-
tent oof over $4,000 per mile were |
loaned to the Company in aid of this |
project, and the first mortgage on the |
railroad taken. Therefore it was Thus
provided that the road should be built |
with public money for public uses,
by the Charter of the Company. ~,
After few years, this project haY- |
ing passed into the hands OF capable, |
gfasping men, some of whom We're
members of Congress, o new step was
fol Tho k<,l
authorize a new loan,ii in aid of this
project, aud an equal amount with the
Government aid--thatis to say to thel4
extent of at least i$25,000 per mileE;;d
and this new loan-was authorized to
take precedence of the0 Government
loan. In other words, Congress ne
linquished our first mortgage OH the
railroad, and took o second mortgage,
authorizing the Company to make a
first mortgage of equal amount ahead
ofours.5 Now, then; our security was
destroyed in this way, SO that our in
vestihent was to be of no avail. = ~
In a little while private Company
was somewhere chartered, entitled
''Thc Credit Mobilier of America :"
and that private Company, or ring,
was composed of lot of active mem.
bers of the Union Pacific Railroad
Company, some of them members of
Congress. No list of stockholders of
this Credit Mobilier was ever publish
ed, or can be obtained; but these gen.
tlemen proceeded TO make contracts
virtually with themselves. That is
to say, the same gentlemen, official
ing as Officers of the Union Pacific
Railroad, contracted with themselves
as officers of the Credit Mobilier OF
America, to construct the Union Pas,
cific, Railroad at enormous pfiees,t d
WHICH absorbed both the honds0 loan- !
ed by the Government and the private
loan of the Company of equal amount,
which was made the first mortgage
on all the property of the road.9 In }
other words, these gentlemen contfaert
ted with themselves toipay themselves
twice the faircost of entirely hniidino l.