National Republican., 1875-08-03
,h., plainly I'D % ,As adoption Of M, ninth rs.o


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s ss:I: Ssss ss: Ss:s ss :s Ss Ssa q s' y P:
''sf sTsn,h. Ths. the public in.srss. demand .hs,
currency, shd. should make nc legal tenders 70.
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rs 'sa TIKI x .ss OF
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pose 70 pay g. iiupposs The hoit diiefedit that
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and and every additional issus is iaftSsr dspfseis:
tion. But consistency can scarcely DO expected
n Z e Our ss g S s
goods just one half Of the discount Of our paper
money, when compared with gold, or at this time
urs, this Is certainly bad one, when our revenues
are barely sufhcient 70 meet our expenditures.
But still grayer objection exists 70 this resoiu-
tion. By the law as Il new stands, passed In Feb
ruary, lso2, and upon which every bond Of the
United States now outstanding was issued, the
very foundation Of our public credit, It was pro-
"see 8. That all duties on imported goods shall
be paid In coin, and the coin so paid
shah be set apart as special fund, and shall be
"First. To the payment in coin Of the interest
on the bonds and notes OF the United States.
per centum Of the entire debt Of the United
States, to be made in each fiscal year after 1902.
va sSH sn,s m 70 % Ses apart ta sinking fa0d and
purchase or payment Of the public debt.
"Third-The residue thereof to be paid into the
Now, fellovcitizens, under this law the United
States has acted, and are compelled TO act until
the public debt is paid. UBder It all duties on
yield Us Q revenue now OF about 100 millions Of
dollars in gold. This money Is mortgaged to the
public creditors, and We dare not violate that
pledge except on the penalties Of national dis
honor. or this money something over 100 mil
lions year is required to pay the interest Of our
what is called the sinking fund, for the gradual
redemption ofthe debt. We have other expendi-
lures which must be paid In gold, such as our
This viii leave perhaps25 to 80 millions Of gold,
which is paid into the treasury, and is sold for
United States netes and used for current expendi-
gold, thus sscredly pledged, shall be diverted In
violation Of your public faith, and for whatR To
reduce the duties OF taxes .n on foreign goSdS 1Psr
such policy. A small portion ofthis fund, about
Is millions, may be used for any proper purpose
last winter proposed to receive one NTH Of the
customs duties In currency; but even this was op-
posed on the ground that 1t would impair the
Senator Bsysrd. Of Delaware, leading Demo
crst, took strong ground agsinstIt II, and Il was
Overwhelmingly defeated. Now. the Ohio Demo-
Gratis propose to surrender one half Of our gold
revenue, to dishonor our pledges. and drive the
Secretary Of the Treasury into the gold market
ps I1e ssd and a 70
your industries. ~
The eleventh resolution In this platform is only
national banks system Of free banks Of discount
and deposit in other words, broker shops. No
doubt they are great blessing, but l think we
now in every State the right 70 70 into the bro.
kerage business tree from all restraints and we
need not put the Democratic party in power TO
gain this great blessing.
THE TARIFF.
isyfTy ISH,@91s S5isf ,.,,e q, ~. :,
nue."
This resolution is blow at that system of tar
if laws which had their origin in Wsshington's
administration, and have continued ever since,
by the Republican party, and which, While look.
ing to imported goods as the chief source Of Fed
eral revenue, also regards the fostering and pro-
incident to all revenue laws, and deserving the
most considerate and favorable care. II that be
the meaning, We accept the issue promptly. We
DO seek, while levytng taxes, not only to make
their operation as light and Just as possible but
also to advance our own industry without impair
Ing the sources Of revenue. In this Eense We are
proudly point TO the vast development Of home
manufactures as the result of Republican policy.
into the common that have BEEN mSde Hns
upon this subject for know you are familiar with
them. have always regarded . tariff Law as
cation Of good common sense in the adiustment Of
the Details applying the higher duties to articles
of luxury, fair average duties on articles that
come into competition with our own industries,
and low duties, or none ct all, articles Of COM
mon necessity, that cannot economically be pro-
duced here, or that enter as raw articles into our
QOmeRttG N Tar
We do look to something else than the mere money
we wiring from our people as taxes.
DEMAGoeIsM.
Take this whole financial platform OF the DEM
ocratc party, and 1t opens up TO you the most
dangerous errors, the widest demagogism, the
greatest departure, not only from fundamental
principles Of Of public P policy, but from S cherished
hear the voice of fremonstrance; the cry Of alarm
from all parts Of the United States. The ques-
tion is what will they do with It.
Governor Allen, much TO the surprise OF some
Of his friends, yields gracefully his old eonvic-
tions, and, If understand his speeches ct Newark
of the Democratic papers openly repudiate Il.
The Democratic editor In the city In which live,
and who Is In every respect very excellent man,
in his hard. money record Of forty years ago But,
fellow citizens, political contests are not decided
BY candidates editors Or ottice holders; It is BY
who are above party dlctation. It Is this body 81
party poiitc. in Ohio; L Is to them % appeal pW With
confidence to give their seal Of condemnation to
the dangerous doctrines contained In the Demo
cratic platform.
TO REPUBLICANS.
To my Republican associates can speak with
confidence and hope. We have State ticket,
every name on which must command your sincere
certain SOUND and meets % our % approSstiopn no We We
are united on the wise and moderate financial
policy which has guided our party; has sustained
Us ample means to carry On q great war and build
up our Industries; which has for the first time
given Us o safe national currency, needing only
agreed on Q slow and steady progress TO make
that currency equal to gold. What more do we
want, my Republican friends, than to march for
ward with unity confidence and Strength You
may here and there find men 70 falter faults to
criticise; your of1cers and agents may fail but
Sot nee from fsult' Sut bettep than tSat ~ anv
party that preceded IL.
See now this broad country OF ours-united we
in % our success. The prayers Of four Millions @ Il
freedmen rise perpetually to Almighty God for
the Republican party. Great names adorn our
for % fifteen % year. have have ifssd our % cogntrs frUm
confederacy Of discordant States, left by o Demo-
cratic administration to the chances Of civil war.
mould q continent and to guide world to free
institutions. Let US not apologize TO our adver-
saries for the faults that are human, nor examine
with microscope tie failings Of friends, II only
the great objects we have sought and the good
we have accomplished, and the policy
marked out for Us Is on the whole wiser and bet
ter than is proposed by our adversaries; then our
path Of duty Is with the Republican party. In
spire It II you please with better principlea with
higher aims, and BY good example; but rest as
sured that you must rely upon the Republican
party for any progress that Is made In making or
good laws. And, fellow. citizens, you
who at any time acted with the Republican party
during the war or since the war, and from what
ever cause have been dissatisfied with the party
10 which you belonged, let rs come together again.
We have forgiven the rebels let Us forgive each
other. am liberal enough to confess that the
Republican party has committed some errors.
And am Republican enough 70 know that its
history, Its principles, Its policy, and Its tenden-
lies give rs the best assurance for honest and
sble administration Of the national and State gov
,rnments.