The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1875-09-02

ao.ss, s mai, ~ ~ reduced to three hundred
millions. Here Is the law; read 1t Tor your
M Mr.. Peck: Well, weil;;I dsdnos believe
It.
Mr.. PEspLnros in the course Of bis speech
thus described ~.
acosrRAcTloN
Contraction! Shall tell you Wnat ~ r.
Have any of you bought lot ana pau aGt
II. erected building, put In maenihely p Az
for them all, employed your bands lrohl sue
jaborer to the skilled mechanic, ana gohe
into the market and bought the raw ui sa,r
rinl and given your notes ut three OF ,oui
months. and then found when your artls.es
are for sale that they would not oI'ng
enough. not only not to pay tbe Interest on
tho cost Of your lot, and building, ana ma-
ch;nerr. Int not enough to pay your out,
s,and;no notes for the raw m1terlai, anu
,hon coon vour stock, your building, your
nscbinerv zone, and lot sold by the sher'n
T 1au man Knows what contraction Is. lSen-
s'i Has any laboripg man here, when wages
900 ,hree dollars a day. bought lot ano
house and agreed TO pay one hundrea uoilafs
rsar-tbirtv.three days work weuld pay
81 His wages have fallen to- one dollar ana
a half day. The hundred dolars-tne noIes
ond mortgage-remain he'same. IL TAXES
the uaocs of sixty-six days work TO pay Inc
Snndred dollars. MY God, that's SOL Com
trac.ion, Need | tell you again what 1t Is
Tanuuare has been exhausted. Others more
facils With words than l have sa'a IL o''ents
ss tbe frost. 1t destroys Us the mildeW. IL
co.'s "a III, canker.worm. Like the cold
hl,s,s of winter, it shrinks and shrivel5 all
things within its influence, and finally LOCKS
Them in an lev and death-like inertness. IL
masses like the angel Of death. so that there IS
No house in which there is not one dead:
Macaulay has painted its effects i'll Eng land
two centuries ago. Allison found his glow
inc words too tame for its description IN the
6rss quarter of this century. You yourselves
see its Influence all around you.
win YOU have more Of il! And yet ms
is the only remedy the Republicans have!
- The country is new. l'sasri-
cultural and mineral wealth is inci'cula5le.
They arc undeveloped. The variety of soil
and climate land people, give to 1t an infinite
power of production. Its great want, us
pressiug necessity, is an entire freedom for
iabor-the absolute removal of every obsta-
Gle. the positive presence of every aid. Fall
ing prices, uncertain markets, precarlous re-
wards. public debt, and high interest are OBJ
stacles. Fair prices, steady markets. ready
sales, are aids and to secure these snth elen'
sound currency and low interest are Indls'
nepsab!e. These will put 10 motion the Vasl
and complicated machinery of producing and
consuming industries. And if there be SD
perudded low taxes, rigid economy, simpIl
city of government, purity Of administration
that motion will be continued and accele
rated.
DEMOCRATS AND REPUTATION.
After some further remarks by Mr.. Pen
DLEroS the irrepressible Mr.. PECK injected
another interrogation.
Mr.. Peck: Now, Mr.. Pendleton, what
fear lis it not true), if the Democrats obtaIr
mower they will issue first ten millions,
and then one hundred millions. and then stll
more. and end in infinite iDilltion ana re-
pudiition
Mr.. Pendetop: No, sir, it is not true
Have not Democrats the same interest II
trade, and commerce, asd interchange oil
commodities that Republicans have! Are
they not workingmen, active men, money
getting men, money.lUving men! Above all
are they not men VINO need fair days pay
for an honest days work? Do they not neec
an honest, reliable, sound currency more
even than other men! Mr. Peck, you are ar
intelligent man. Your bearing eXcites my
respect. Let me ask you question. Die
you ever hear Democrat advocate repuGla
ton!
Mr.. Peck: never did. [Applause.]
Dir. PcndletoD: Did you ever hear from
Democratic speaker, did you ever read in ;
Democratic newspaper. or Democratic plat
form. or hear it in Democratic State. coun
ty. township, school district, or ward meet
ing, that the party would or ought to eX-
pand the currency SO much thatyou Thought
it would be deprecated, much less end lu re
quotation
Mr.. Peck: never did.
Mr., Pendeton: Then what is the peril
nency, or sense, or even fair treatment anon!
opponents of such question Us you haV'
asked!
An incident occurred during the speech
which is thus described by the reporter:
An enthusiastic Democrat, suffering from
the effect OF ZSei lager, gradually backet
himself up on the stand, getting dircc ly il
front Of Mr.. Pendleton, aud almost on hi
feet. Mr.. Pendleton gently look him by th'
shoulders and slipped him off the stand aut
onto his feet. Now as irate as enthusiastic
he turned around and looked full at Mr.
pendleton: What for the HI you put MT
of tue stand? | am better looking MAJ
than you are.''
MIR. Pendleton: Yes, my friend, know
YOU are better looking man than am. ant
that is the reason did not wish you TO have
your handsome face between me and those
ladies' who ate looking at me-" Laughter
aud applause.]
After a while the enthusiastic Democrat
had got upon the stand, and stood close be
side Mr.. Pendle.on, and finally touched hin
| on the elbow. "Are you through z"
| Mr.. Peudeon "There, gentlemen. yor
see what Il persistent Democrat can do! HI
would not stay down. Neither will tht
Democratic party in October if they vii
work to ciiaab up as bard and as steadily
and against such rebutfs, us this worthy
friend of mine has DONE"