The Republican. [volume] (Maryville, Tenn.) 187?-187?, 1874-08-01

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in tfzrr4fh from centre to circumfer-
ence, and from "shore to fartherest
shore" OF our grand galaxy of States
Nor had he lain around as a mere
camp follower in borrowed plumage,
but went in the ranks as a private
and served as such until chosen by
military supenors to fill more re
sponsible position While he did
not boast of his army life, he could
say that he always done his duty TO
the extent of his ability, and only re
GREETED that he could nor do more.
After leaving military service he
fully identified himself with the Re-
publican party, then in its infancy in
this State, and was proud to say that
he was one of the original panel of
East Tennessee. In this connection
the speaker remarked that, though
always what is known as strict par
ty man, yet he did not think the Re
publican party blameless thought
the wholesale Acknowledgement of the
rank and file of OK Confederate
soldiers had been a mistake. But he
could not be Democrat if he tried
the material wasn't in his organiza-
ton, even should he be ground up in
those mythical "mills of the gods"
seasoned, leavened and made over.
It wouldn't stick.
He then reviewed at some length
the charge that "he had done nothing
for the Republican party, and hence
was entitled to no favor it might
have to bestow." He showed that he
had taken an active part in every
political campaign of the last ten
years, and had, on at least five hundred
different occasions, made speeches,
not only all over this State, but in
others, defending its principles. He
also reviewed in scathing manner,
the arrogant claim of some of Col.
Thornburgh's friends that he was en-
titled to this race on the ground of
services heretofore rendered to the
Republican party; showed that
through all the political struggles of
the past he had never even made one
single Republican speech, unless it
was admitted that those made by him
in the canvass two years ago were
imbued with Republican doctrine,
and for which he had already received
pay at the rate Of about $3.50 each,
aggregating bis pay as n member of
Congress.
He paid his respects, also, to the
Coils. famous claims speech in Con
gress, in the interest of disloyal
claimants, and to the detriment of
those who had been and remained
loyal adherents to the cause Of tie
Union.
Passing on to the question OF fl
nance, which he said was really the
great question of all, he alluded to
the scarcity of money in circulation,
which he attributed to the one sided
workings of the present National
Bank law. There was plenty of cur
rency in the country for all legitimate
wants Of trade and commerce, but
the bulk of it was locked up in bank
vaults or used by bankers in wild
speculations, where the profits were
large if successful, but the risk cor
rcspondingly great. So long as in
terest was paid on deposits, money
would be tight, for those who had it
to lend would rather put it in bank at
six per cent. interest, where they
could get the principal at any mo-
ment, than lend to an individual on
bond and mortgage at eight or ten
per cent.
The number of members of Con-
gress owning stock in National Banks
was upwards of one hundred, and
their influence was now sufficient to
stife all attempts at resisting the
immense monopoly whose foot is
pitilessly pressing the necks of the
people. The President, more than
year ago. had suggested q change in
the banking laws, so as to relieve the
people, but the money kings in Con-
gress had not seen fit to act in
accordance with his views, hence
the only hope of redress lies in the
people themselves to send men to
Washington who would represent
their interests and that of the masses
at large rather than be the
slaves of these finatcial monopo-
lists. He would prefer recalling
the bonds, issuing in exchange for
them gold certificates, not bearing