The daily Argus. (Rock Island, Ill.) 1873-1877, 1874-10-02
pEMoCRATIC.LIBERAL TICKET.
REPUBLICAN TICKET.
ME-, CORES SPEECH.

DuDllsQeQ, not ptCdusC VI itS opiiiIys Aoi Az
1as not that quality; nor because of its
wholly correct views of public policy, for =
it does not present wholly correct views. C
But it is published because Mr.. Gore is @
the Independent Reform candidate for a O
state Office, and it is proper that the read s
ers of this paper should have an oppor- 6
tunity to learn what his views are. e
THE ARGUS agrees generally with what a
Mr.. Gore says on most of the topics ne t
talks about, and hopes his speech will do t
good in arousing the people to more t
in regard to their own in q
terests. |
Mr.. Cores views upon the currency and
upon financial matters generally, The
ARGUS does not approve, and cannot in
dorse. Mr.. Gore DISCUSSES the worst kind
of Butler. Pendleton reputation under
such phrases as this:
Il believe that the Independents are all
in favor of discharsing all Of our public
liabilities according to the lar and terms
UHuST NItfCH Hty utfC HtduC' 'h"N
we. as law abiding and honest citizens must
pay every dollar of our debts, according to
contract
IF driven TO speak palmer and more ex
plicitly Mr.. Gore would probably say; Il
believe in paying the government bonds IN
greenbacks, or, in other words, paying
one promise to pay with another promise
to pay, which is no payment at all Mr..
Gore is probably aware that congress has
given an Interpretation to the law under
which the bonds we're issued, viz: That
they must and shall be paid in gold and
it is piece of wishy washy special plead
ing for any ony one to talk about the terms
of the law under which they were issued.
The meaning of the law has been defined
by the peoples representatives, There
let it end
The position taken by Col. VIM, r. Nor,
rison, in the Goth of August state conven-
ton, at Springfield. was the true one. He
said:
REMARKS OF HON. W. h. MORRISON,
As | was one of the committee who APP
proved the majority report, | crave the
indulgence of the convention while say
few words in favor of the report made
by the majority OF the committee. All |
understood myself as saving in the first
proposition OF that report, is simply this:
While | recognize the fact as my friends
around me do,that we cannot resume spe.
Gle payment to day or next month, or
year, yet what we intended t. say was
that a specie basis is the proper money
basis for this country, and iUasmuch as
that is true. and that it is the basis to
which we must some time arrive, it was
our purpose to declare that we start now
in that direction, aecer to turn back. APP
plause.
Now the minority report declares that
they are for specie basis only when prac
ticable, or when convenient, That has
been the constant declaration of the Re
publican party for many years. aud which
the people believe they have no intention
of redeeming.
With respect to the time Of resumption,
it is true we cannot resume at once. As
have said it must necessarily take a con
siderable time to eiapse, but that is no rea-
son why We should not start at once, and
never turnback. Applause.
There is an interim, of course, before
the Indebtedness of the country is to be
paid. And now in what must it be paid ?
My friend on the LETT tlr. Crebs says if
We resume specie payment of course it will
be paid in specie, and he understands, also
that it cannot be done at once, But gen
tlemen in the meantime, what is to be
done? Why make the declaration I? 1t is
well known that we went to the country in
1868 declaring hat the contract author
lied payment in greenbacks the legal
tender currency of the country; aud, gen
uemen, believe today that declaration
to have been true. | believe that that
was Its true meaning and Interpretation
We accused the Republican party before
the country with proposing 10 pay in gold,
and the people of this country decided that
the Republican party were right. Aud
the first act the people did under the new
administration chosen was to -ratiiy their
action. by a law interpreting the contract
IN controversy-a law made by the people
OF this country, through their chosen rep
resentatlyes in congress-. Have they not,
as party To the contract, right to inter
pref It? But again, We accused our oppo-
nents of having done wrong, and once
more we went to the country, and once
more We were defeated, and Gen. Grant
was reelected
Now, therefore, | claim that nothwith..
standing the contract was different to be
GIN wlth-subiect to a different interpre Ia
tl0n,-the people themselves have now
gwen II an Interpretation, and have said to
the Worid-not only to fhe citizens of this.
but OF every country, Such and such is
our Interpretation of the contract, Trade
IN our bonds; they are worth dollar for
dollar. dollar which means one hundred
cents, They have made this declaration
TO the whole civilized world, and have
authorized bUth our own aud all fureirn
people to buy and hold these 20 bond. as
payable in the money Vt the civilized
world. Aud here, DOW, shall We propose
TO day IN 20 back, aud, 10 iace of events.
oeny the truth; declare that the people ui
TINS Country were false; that they were
ying 10 get purchasers, and t. procure
muDey under false preteuces? | am not
Wiling to do that, Mr.. President, and
con recognize such course a. consistent
with NY duty as an American citizen.
| was one of th sse VIM a..,a,,.j IL.
PendietoBlaO theory, that We c,rlld ,,,v IN
gfeenbacks, but our people have since Y 4
co gu tae question. and | am bound by /,
1 ask my freud. Coi Crebs, Il be does up,
believe, as a lawyer and as an honest usn
mat % day the buBds are payable 10 gold ?
lAppiaase ask the first gentleman who
sl'oke tiere-lCoL Hunter III ask him ii
that iegiSlatlJu ny congress does not bind