Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1874-07-01

parry W iSSdih hs PO"Si, wv va"
yourselves ground down by taxes to p'
to the defeated partj. There is a b
now on the calendar Of the Senate,
take ten millions from the treasury
putting back on the pension rolls all wi
were struck off for d~isloyalty. These al
only a few instances, from many, shown
the purpose of the Democracy to secul
by iudircction, what they failed to secul
by the war.
| now wish to say to you, that in spit
of the talk about the extravaganza, tn
expense of carrying on the governmen
has been diminishing day by day, sine
Gen. Grant came in. [A%pplause.l TIL
expense of carrying on the government
with all the expenses coming after gu
great war, and all the c%orruptions tina
will occur, costs you less to-day, for you
part, than it did in 1860. before the war
under the administration of James Buch
anau. In 1870 it cost sl.95 q head tt
carry on the government. In 1877 4 i
cost only S1.O0 this in the face of re.
duced taxation have made the govern.
ment more and more economical, and
have diminished the expenses. With all
the Sanborns and Richardson's, it never
cost so little. The revenue was never SO
perfectly collected-that Is the truth.
Applause. The only difference is in
Democratic administrations when corrup.
ton occurred a blanket was put over it.
Under this administration the hand of
Justice has been laid on it. Which way
do you like best :?
| think a party with a record like ours,
ought to be ashamed not to correct all
wrongs it can reach and | say it is one
of the best titles of our party to respect,
that it has investigated transactions like
the Credit Mobilier and Sauborn contracts,
and exposed them as no party has ever
done before.
Some of our opponents tell you hat the
policy of our party has produced paralysis
in business and distress in money matters.
But | say to you that for the first time in
our history the balance of trade is largely
in our favor. Our nation stands in that
matter as every farmer desires to. We
are selling more than VIC buy-are i'm
porting less than We export. The panic
came as the inevitable result Of over.pro-
duction and over-trading and over-railroad.
building. But the panic has produced
economy in the household, increased in.
dustry, care in regard to expenditures,
and what always follows from Industry,
economy and care, is following-stcady
growth and prosperity. Instead Of being
losers, we shall in the end be the gamers
by the panic. Let me give you some Of
the figures, In 1873 the United States
imported $434, 900, 900 worth of goods,
and exported 425, 1000, 600 worth. We
were thus indebt on the transactions of tho
year some eight millions-the balance of
trade was against us by SO much, Now
f)r the first eight months of 1874 we have
exported $434 500, 900 and imported
1919, 729, 900 worth-a difference of
S~74,llo,000 in our favor. In the year,
as compared with the year before, we shall
have saved the sending of about q hund.
red millions of hard money to Europe, to
pay for silks and champagne aud things
we can do without.
l should be glad TO speak of some other
but have already detained you too
long. | will allude to but one other topic
and will dismiss it with a word. This is
on the question of a return to spec lie pay
1t is q very practical question
and you are all agreed about it. Oar
grain and everything we now ex.
portland the export prices regulate
hose of the home market-we sell ia cur
rency, but only get for it gold prices. So
every dollars worth We sell, we lose
ZEN cents. Everything we buy abroad we
suy in gold and thus pay ten per cent
more for everything imported, than We
under specie payments. 1t is
process wo do not wish to continue.
Now, hero are great and good objects to
abor for--civil and r%olitical equality, pro.
ecti0n of every citizen, as such, in theory
Ind practice ;--this is one great mission
If our party, and to fulfil it we must
by the constitutional amendments.
We have to see to it that intelligence is
Infused and justice doue, not by any To-
'aslon of State or personal rights. but in
he spirit and purpose Of our fathers.
they declare in the constitution that !
very State shall have a republican form {
IT government, and that citizens Of one
State shall have equal rights aud privi. :
eyes in other States. Shall this not be !,
till our mission in the future? 1t is also /,
'ur duty so to adjust our laws as to de- t
'elop the industry Of tho citizen in every :