The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1875-07-22
DEMOCRATIC MEETING AT
GALLIP0LIS.
Gov. Allen, Geo. H. PsndIstOn and
Other Large Guns Present.
MIR. PendIelOn Opens the BaII.

and speeches were made by Gov. Allen,
Hon. George II. Pendleton and others.
Mr.. Pendleton opened the meeting by
stating that it was thirty years since he
had seen this city. After touching
lightly upon the cause Of his coming,
he branched out into political topics. lie
spoke Of the meeting OF the Republican
Convention last year and the claims in
its platform. He said that this year 1t
tunes its voice to an entirely different
key and only declared itself to be in
favor Of our public school system, and a
separation OF the Church and State. Up.
on these points he said the Democrats
could have no agreement with the Repnb-
liCans, and he quoted from the platform
to show that the Democratic party would
uphold the State Constitution, In this re-
specl he interpreted the platform to mean
adherence to the principals Of the gOv-
ernment established by the fathers Oppo-
sition to all encrOaChment Of one depart,
mcnt upon another or by the federal
power upon the constitutional rights Of
the States; equality before the law Of
all citizens; one presidential term;
retrcnchment wherever there Is
extravaganza; reform wherever there is
abuse; no subsidy; public lands for actual
settlers; equal and exact justice to all re-
ligiOns free secular education In the pub.
lie schools; opposition to sumptuary laws;
to interference with social habits not
criminal; to malignant espionage, and on
financial questions; cessation Of contrac.
tion; sound and sufficient currency; pro.
motion Of industries, the surest road to
the appreciation Of paper to par with
gold; greenbacks instead Of national
bank notes, and greenbnCks for customs
to the extent that the necessities Of the
government will permit, This platform,
he claimed, had been misrepresented. II
callen for currency equal TO the wants
Of trade, and that, he claimed, was fitting
measure for the volume Of currency,
Every issue OfgOyernmenL paper, whether
legal tender or the note Of very restrict
ed banking system, has been an effort TO
make and keep a currency equal, nc.
cording to the judgment Of The govern.
ment to the wants Of trade. So with
every free banking system. The Dem.
ocrals do not favor deprecated
currency. lie thought he interpreted
the opinion Of the party and platform
when he declared they were in favor rs
the basis Of currency, that paper cur.
rency should be
CONvERTABLE INTO COIN
at par. That the party desire a return to
specie payments as speedily as the in.
teresls Of labor and business will permit,
That We would be glad to return imne.
diately il honor, good faith and justice
would permit, aud It were possible. The
Democratic party Is not now and never
have been in favor Of reputation
In any form. We do believe II is our
highest duty to fulfill all our cOnntry's
obligations according to the spirit and let.
Ter Of our contracts. We are not now,
and never have been, in favor Of n volume
Of currency changing and nuctuating ac'
COrding to the whims Of parties, or the IN.
terests Of bankers, or the demands oI
reckless spectators, but sufficient for the
easy, active, economical and profitable In.
terchAnge Of commodities, and us fixed
and stable as the nature Of the case will
allow, and so long as we must have gov.
ernment paper currency, we prefer green
backs, which are
SOUND AND CHEAP AND GOOD
to national bank notes which at the out.
set cost the people six per cent, and are
at last only redeemable In greenbacks,
lie confessed that there we're dangers in
this coin basis system, that the super.
structure Of paper was larger than the
foundation Of coin, and as the Superstruc.
ture grows higher II grows wider and
larger but he would not discuss to-day
the merits Of various kinds Of currency,
The necessities demand relief that should
be promptly furnished; he repeated that
lie was 9 hakl money man and that q re.
turn to EfNCis payments should be kept
steadily In view in legislation and action
and that wise slatemenship will seek the
means reconciling such returns with the
true interests Of labor and business and
Justice to the debtor.
RESUMPTION CANNOT BE FORCED,
Il must be the proper outgrowth Of sur.
rounding healthy conditions, or Il will be
neither beneficial nor permanent. When
In Congress he voted against the legal
tender act, believing the law unconstitu.
tional and the policy unwise. As the pol.
icy became interviewer with our system
Of finance and trade, he would seek all
the good lie could find In II. lie would
not abandon specie payment, but he would
not rush heedleSSly back to specie
payment over the prostration Of all bnsi.
ness and the ruin Of the debtor. The
Democrats established the sub.Treasufy
system, and the government in 1901 paid
nothing but gold and silver. A Repub.
lican Congress passed the bond and The
legal tender act and the National Bank
act, and gold and silver ceased 10 circu.
late, and In 1865 the various Issues Oi
paper money had reached an enormous
sum. Then commenced the Republican
system Of finance. Contract the currency
and Il necessary 10 this end increase the
interest, paying The debt and contraction
The contraction Of the currency has
been steadily going on, and with
the decrease In the currency has
been decline In the prosperity
and happiness Of the country until nov
we are confronted with acohdilion Of al,
fairs which all feel too keenly to make
description necessary. To-day there Il
more property for sale on executions by
the SheriiTs Of Ohio, than ever before
Gold and paper stand to-day at differ,
ence Of n per cent, year ago the differ.
ence was 10 per cent. Congress has
passed a Law declaring that
RESUMPTION SHALL TAKE PLACE
in January, 1879, and the treasury Is pre-,
pairing for this by buying gold and silver
Every dollar Of gold purchased with
bonds for the redemption Of greenbacki
adds 10 the annual interest. II Is the old
story Of funding debt which pays no in.
terest in bonds which pay a large inter.
est. lie showed by comparison that the
exports flour, wheat, cotton, petroleum
meats, lallow, turpentine, tobacco and
timber had fallen of Ss7,00000O since
Last year, and claimed that we had been
burning our candle at both ends. The
Democratic party points 10 the middle
path AZ the way to safety.
ABANDON THIS Policy OF CONTRACTION
stop tinkcring with the currency; stot
this effort at forcing resumption; give