The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1875-09-09
THE OHIO CAMPAIGN.
HOW HENDRICKS'S SPEECH Is RE-
CEIVED BY THE PRESS,
as ABLE AReUMRNT.

AN ABLE ARGUMENT.
From the rerre Haute Express, Rep.l
We give Gov. Hendricks credit for having
made strong, concise ard able argument
against the Sherman finance bill, and we do
this the more cheerfully because we have
/ never before seen much in Mr.. Hendricks's
utterances TO approve and because we have
no communication for the remainder of his
speech.
WILL NOT DIssAPPoUNT HIS FRIENDS
From the st. Louis Times, Dem
We publish this morning that portion of
the speech OF Gov. Hendricks, delivered at
GAINESVILLE, Ohio, yesterday, which relates
to matters of national finance, from which
it will be seen that he is fully alive to the
impracticability of immediate specie re-
sumption and to the necessity of many in
termediate reforms before any such
radical change in our financial policv
can be brought about. The opinions of
the governor will not dissppoint his friends.
and will only fail of Endorsement AMONG
those who would increase the interest-bear
ing DEBT of the country by contraction of
the currency with which the country needs
TO be still further supplied. 1t is calm and
well-considered speech-conservatiye in SEN
timent and correct in principle-and suffi-
GENTLY opposed to the hard-money fallacies
of the radical party. to weigh largely and
positively IN favor OF the favorite Western
policy.
WELCOME AND ABLE AID IN THE CANVASS.
From the Cincinnati Enquirer, Dem.l
We print elsewhere the speech OF the Hon
L. A. Hendricks, delivered at GAINESVILLE
yesterday. 1t is a welcome and able con-
tribution to the democratic literature in this
Ohio canvass. Gov. Hendricks, contraryto
the expectation of the enemies of the demo-
cratic party. had no word to saw
In opposition to the democratic piat-
form OF Ohio. He comes to give cordial.
earnest aid to the democrats of this state
urging, with ability, the election of Gov
ernor Allen. Like General Ewing. but nm
like our other orators in this canvass. Gov
ernor Hendricks gives deserved prominence
to the financial act passed by the republicans
OF the last congress. This act of January
IA, 1873, contains the fixed policy of the
republican party upon the most important
political question now before the pub
judged by that act. What does i
mean? 1t means, first. the increase
OF an interest bearing debt by forty millions
for the sake of substituting silver for frac-
tional currency. 1t means, secondly, the
withdrawal OF the three hundred and eighty
millions of legal-tender notes from circuls-
ton and the contraction Of our currency to
about one-half its present volume. IL
means, thirdly, the addition of not less than
three hundred millions Of dollars to ourin-
terest-bearing debt for the purpose OF re-
deemiDg our legel tenders in gold This
devotion to sold and silver means an ad-
dition of seventeen millions of dollars
to our annual interest, and with no compen-
sating advantage. Mr.. Hendricks fairlvand
exactly and ably shows the enormity Of this
measure, whose outrageous features have re-
ceived too little attention. He points out
the extravaganza and viciousness that have
our public service. He re-
minds US of the conduct Of the affairs of the
District of Columbia, when governed by the
president and his intimate friends. 'Free
and representative government fell before
in the capital of our country. and
Il stands as an humiliating admission to the
world" The speech is a fine one, and will
DO of material aid in the canvass.