The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1875-08-10
.o....- ,1..,on ae ITrbsnr1n, Ohio.

SeuNGOR mUEIVu 80.
HIS VIEWS ON THE cusREscY-AR. STEPHENS
DccTRrNE OF STATE NIGHTS DISCUSSED.
URBAsA, Oaro, August 7.-senator MOT
ton, In speech here to-day, SAID: A'eAal,
der II. Stephens, the representative lnan Vi
southern opinion, In an ADDRESS on la
Fourth Of July at Atlanta Strongly s'" ssa
the constitutional grounds upon wnlcn .uo
people ofa-the South and the .Demosl as,e
party stand. He said that each STATE IS "a,
ton, separate, independent, and dlstlnc. iioa
all others; that the States being sepaia.e aIu
distinct, the nations are attac leo toeesne, ony
by the Constitution OF the Uniteo otases,
which is q treaty to which the states, III euen
sovereign, independent character are parties,
and not the people in their agsregMee auu
primary capacity. He represents tue S'a..s
as sovereign nations. Ike Eneiinu a ~
France. who have formed treaty mn'.I
they call constitution, creating an silInt ,ho
confederate government, resting upoo w
shoulders of the separate nalou eu i.s..;n
into The coalition. From this consttu'.on
or confederlcy it follows that any OIL tne n .,
tional parties have right 10 mI.nu'ah -
Measure. and this is the doctr'ne WHICH
made the rebellion possible, by which IL was
inauynrated. and BY which others may oe
mon aby question in any part OF the coun-
trv that NAV become dissatisfied or pass
Under the lead of rebellous demagosues;
of which we now have living an9
nestiIent brood. This blood.stainea ana
reasonable doctrine is openly a7o"eo
IN the South and endorsed by the nortnefn
democracy under the phrase ana laoei OF
:. State sovereignty" There is no douot
that the members of the Democratic party 10
tho Sonth with few exceptions, look upon
the coIored people as race that ousnt sti'
tn he enslayed. who were made Tree wrong
fully BIZ the accident of war, anu deeply re,
cont their elevation to civil and polillcai
rights and equality, and while they 40 noe
i've in the hone of lhe restoration OF slavery
in its old form, they are full Of hope ana
r.i,h that the time will soon come when the
coIored race in their midst will, by leSisla.
Iation and the show of force, be deprived OF
,heir nautical and civil rights, and reduced
IN n legal inftriority aud position MIDWAY
hetween slavery and that political equahty 20
which thew are Justly entitled By the Constr
Union and the natural rights of war. After
speaking in support OF
The sPECIE.REDEMPTIoN BILL
If the last Congress, he said had some
thing TO do with the preparation OF this OIL,
voted for it in good faith, and intend 10
stand nv il until experience has demonstrated
TINT It il imprac,icabIe or needs amendment.
It's main feature, fixing day for resumption
and proyidipg for it, had proposed to the
senate six years before, and whether The
time fixed is proper one or not should
have prelerred it year or two later. IL IS
the method by which l believe specie-pay'
ments can and will be reached. 1t estaO.
fishes the policy of free-bankng, the slow,
Gradual but certain return to specie. pay-
ments. and no contraction or expansion OF
the currency until that time.
| THE DEMOCRATIC PARTY.
He then addressed his remarks to the De-
mocratic Platform of Ohio, and com batted
the greenback theory, and claimed that De-
mocrats had always been enemies OF green
backs. He said: This whole scheme of
further issue Of greenbacks in lieu OF na'
lional blnk.no es I arraign here today as
hypocritical ard treacherou!; designed, ID
the first place, 20 effect the destruction OF the
national banks. and then, by their volume
| and by The decision of the courts, to destroy
! the greenbac themselves, and pave the
way for the restoration Of the old State bank
system. The State sovereignty party Will
never stop short Of State banks. A
| natlOnal curTeuCy, "ue'nct vi
or bauk-notes, is hateful to that party
which abhors the national idea, and
dt clares that there is not one ma
ton. but thirty.seven independent aud
; sovereign powers. The party which clamors
constantly about Capitalization and Federal
assumption can never be the friend of the
sreenback, which represents the highest
form of national sovereignty. Every year
the proposition has been broug BIT forward in
Congress to repeal the law taxing the notes
of State banks, which drove these banks out
of existence, and the repeal of which would
again open up the floodgates for public and
private robbery by the establishment of in-
Vulnerable kting and worthless banks in all
the States. Only last year Mr.. Thurman and
every Democratic senator voted for propo.
silion 10 repeal that law, which was offered
as an amendment TO finance bill.