The sun. [volume] (New York [N.Y.]) 1833-1916, 1875-10-09
Addition, Division. and silence.

ABOLITION, DIVISION, and silence.
Senator WALLACE delivered at Clear
held. on the 18th ult., by far the most re-
markable speech of the Pennsylvania
campaign. 1t was remarkable for the
wise and conservative construction which
the Senator gives to the so-called initiation
plank Of the Erie platform, hut still more
remarkab BILE for the bold and telling assaults
he makes upon the KEMBLE-MAckEY
Treasury Ring. The latter appears TO have
fallen like thunderbolt among the Treas
ury gang and TO have stirred them up to
defence which can come 10 nothing but
ruin. They cannot afford discussion; the
"policy Of silence" is their only refuge.
and BILL KENBLE. in hastily taking up the
gage thrown down by Mr.. WALLACE, has
committed an error 10 tactics which may
lead to serious results. Among other
things, Mr. WALLACE said:
"The eIucnses Of your State Government
have Increased from SiG,0O0 in 1850 81 ,tg6i 1853
In 1874. The control Of patronage, power, and
place is vested in cabal Of men who dictate
nominations, pre- scrihe legislation. and farm the
revenues Of your great State. A system Of tax
alton devised In heir interest nils your treasu-
tions, or II iupO ed rs to he wruug ultim ately
from the people Taxes upon real estate have
OF your loans from 1--WE TO a six per cent, to
the end that fun treasury might be at hand to
make earnings for personal gain and political
purposes, aud the people were made To pay
thereby, since 1867, more TIA y Two millions OF
dollars 10y this act alone. This subject Is one
that ia worthy tue consideration Of the gentle
men who opened the campaign at Reading, and
it, results are upon US yet and daily affect the
finances Of the State. II Is pertinent to inquire
how It doner what has been done and
why " was dnnel HE act Of Feb. =, 1867;
originated 10 tho ueesufs, Us specious pre.
funding II so to meet 1t a. maturity. 1t in
creased the interest upon twenty-three millions
" the state deot from ave to SIX per cent
To this teri ible accusation, that the Ring
had corruptly substituted five for six
per cent. loan to the extent of twenty
three millions, at cost to the people since
1867 of two millions in interest; that the
act was q premeditated and deliberate
swindle, intended solely to enlarge the OPP
portunities of plumber TO "a cabal of men
who dictate nominations, prescribe legisla-
ton, aud farm the revenues Of your great
state" to this compendious indictment,
which covers the whole system OF addi-
ton, division, and silence, from the total
corruption of the Legislature to the EN-
bezZlement of interest on the smallest loan
of the public money, kENBLE has no reply
to make, but the weak and impertinent
argument I'D hOmiHem. He admits that
the loan act originated in tne treasury,
and glories in the fact that he drew il
with the same white hand that traced the
notorious letter 10 TITAN J. CoFFEY. lie
does not DENY that IL was bare
faced and impudent swindie TO fleece
the people aud gorge the Ring; but
ine Mr
IL. and manifestly thinks that in order to
complete his defence. he has only to show
that the Democratic leader was no better
than himself. He says he submitted the
original draft OF the bill TO Mr.. WALLACE,
who returned II without alteration or sug-
gestion. and subsequently supported il IN
the Senate. just as IT came prescribed" by
the treasury cabal. Whether this state
ment be true OF false remains TO be seen
Mr. WALLACE, contrary TO his usual Gus
tom, telegraphed au emphatic denial, and
promised the Ring chief some further at
tention, which Will probably be little TO
his liking.
But will Mr.. WALLACE suffer KEMDLE 10
escape under the cloud of dust which he
hopes TO raise by personal encounter with
him? The charge that Mr. WALLACE voted
for the bull is nothing to the purpose. Was
the bin a swindlei Was it coIruptly en-
acted Were not the Commonwealth and
the creditors OF the Commonwealth both
defrauded. shamefuly and ruinously de-
frauded, at every stage of the transaction
KEMBLE should be held TO the real ques-
ton.
1t is alleged that KEMDLE and his associ-
ates bought up large quantities Of the
overdue and deprecated five per cents
that they corruptly caused the loan net
to be passed for the purpose of turn
| ing them over TO the State at an enor-
nous profit; that the Ring actually made
about a million OF dollars out of this opera
ton, and thereby saddled the State with
an additional one per cent. interest on
230O0,0O0 for forty years and that the
whole business vas conducted from first 10
last on BILL KEMBLE's famous principles
OF edition. division and silence"
| OF all this KEMBLE takes no notice what
ever. He prefers to accuse Mr.. WALLACE
| OF voting for his Infamous measure, which
he denounces to-day, and which we be-
lieve the record shows him to have de-
nounced in his place in the Senate. 1t il
KFMBLE's unhappy method Of creating q
diversion, and Will hardly be allowed tC
succeed. MIR. WALLACE may do the State
some service by u brief refutation Of the
personal calumny-if any be needed-and
remorseless dissection of the " funding
bil," accompanied by a full and candle
review of the Ring operations which
that bill was enacted TO cover
| Thn RniInL In IL rinr AnnnrIunnI