The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1875-09-25

reported To mo the other day as declaring
that his chief want noF was q FIRE and burglar
proof safe, Ia which his wealth could be
locked. What vel want is the confidence Of
capitalists, domestic and foreign; confidence
that this Government will be administered
with economy, honesty and competency; that
pluaderers and jobbers will no longer be kept
in the Cabinet, or retain the friendship and
eneouragementsof the Executive.
Let reform come in this way, and capital
will leave It's hiding. places and come freely
forth for investment. Money will be plenty
labor will be employed and cheerfulness and
prosperity will be restored 10 our people
Among all the instances Of audacity and Of.
frontery of which we have any history, I
consider the assumed championship OF an
honest currency by the Republican lenders
and this Administration as the most conspicu.
GUS.
Do you not all remember how paper money
was created and made legal tender by the
Republican party against the votes Of every
Democrat in Congress7 How they stiaed
the voice Of complaint Of the people, and de-
nounced as disloyal every plea that was urged
against their great crime in morals and plan.
der in inance7 | well remember an estima-
BILE citizen Of my native town in Delaware
who was taken from his bed at midnight and
inearcerated In fort because he had demur
red TO the reception of greenbacks, and spoke
disrespect fully Of them and their authors.
Well do remember the impatience and anger
of the Republican leaders in Congress when
the Supreme Court Of the United States
deliberately by vote Of FIVE TO three Of the
Judges decided that Congress had not consti.
tutional power to issue paper money, and
make il legal tender for the payment Of debts,
and how Grants Attorney General made hot
haste To bring forward this decision at the
same term at which il had been rendered in
order TO have it reviewed and reversed by 9
newly appointed majority Of the Court. But
even the last decision was simply in effect
that necessity knew no law, and that the
Government Of the United States when in the
emergency Of desperate war could Justly exer.
else powers not lawful in time Of peace, and
could, during a struggle, issue paper money
if such issue was considered BY Congress
essential for success, but do you not remem.
Der that Secretary Boutwell,, who is now in
structing the people Of Ohio in all the evils Of
imitation, in time Of profound peace, in
1872, without warrant Of law, issued So 5,O00,-
900 Of Treasury demand notes; and in the fall
of 1873, his successor (Riehardson) issued
S28, 100000 more, all Of which had, under
law, been retired and Cancelled under the
administration Of Andrew johnson, in the
avowed policy Of contracting the volume of
currency, to enable the Treasury to resume
specie payment. No, gentlemen, the Repub.
lican party have invented, fostered and forced
our currency into its present unwholesome
condition, aud it will be madness and fol- < for
the American people to expect any relief at
such hands. One other cause of present
stagnation and financial depression is the
hostility and injustice of General Grant to-
ward the Southern States. He has by his
treatment of those people rendered all busi.
ness enterprise and all property in that section
insecure. The planter cannot prepare his
crops with any certainty that he will not be
interfered with by insubordiEAte negroes or
military force. In his Arkansas message in
February last, he proposed to Congress the
invasion and overthrow Of the Government Of
that State, then in the hands Of men whom
he had expressly recognized by proclamation
issued within one year as the lawful Govern.
ment of the State. His overthrow Of Louisi-
ana is well known to tho country.
His personal application to Congress for
the passage Of the "Force bill'' exhibited
unmistaksbly his intention to seize and con.
troll all the State Governments South; and now
| say to you that until the time comes when
any President proposing or executing such
measure against States Of the Union shall be
liable to impe achment and removal from
Office, this Government is not safe. That
which was the fate Of Louisiana last year may
be the fate of Maryland or Delaware next
year.
Therefore / say to you we have no right to
allow ourselves to be separated by minor
differences so long as our civil and relieions