The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1875-10-28

| point when elections are carried by the of
lar OF Mr.. Edmunds, postmaster at Washington
snd secretary of the Republican Natlonai Execn-
6odeTs in the Uned States to
money. Eighty thousand oficesolders have
eended eded PEppose sn for the circular Of
the committee meant, your oiiice or
yoqE aSe mSeey 20 the ses esy OF the care
| " Your money OF your IifeP" And SO the money
mgS state Of oSo 1t Sas been 1s nseS in
great battle which shook the great West. The
contest was between freemen "a and money lAp, up,
victory the people will ever allow IL TO achieve
IApplause.l And how is 1t to be in Pennsylvania
| i'm this great state, this mighty empire? Are
man and Truth stronger here, or is money!
That's the question principally TO be settled
4 Democracy means the rule of freemen; the OPP
position, organization, power OF Office, and more
particularly and especially the power OF money.
ago. % An Eastern magistrate had before MIN
| three young men TO debate upon the strongest
! whether money was the stronger second
| whether woman was the stronger, and, third,
| whether truth was the stronger? The debate
went on. and when It was closed the judges
hearing II decided tnSt truth was the sITonger, ger
| neck Of the youth who advocated It.
THAT Is FAR Rack IN THE WORLDS HIS
TORY.
We come down now to the efulgent light OF the
10Th century-of our higher civilization. How
is 1t now? Is money truth stronger in this
free country OF ours? You are to settle that
| question when you come 10 the polls next
month. How does this debate stand before the
people of Pennsylvania? For many years the
political policy OF the state and the nation has
been shaped by the republican party. In the
congress of the United states IL had majority
which defed the presiden tial veto and defied the
influence of the vote OF the democrats. They
have controlled and fashioned politics In this
snte where they controlled the public appropri-
lgent people of Peunsylvania? Shall they con-
tinue In this power? Or shall they render an
fr,
says the d. dem ocrscy are on the defensiveq % We
have not been in power and could not control
the public policy. They have and for whatever
consequences have followed from their policy
they ARE are charge e,nsrge9ble a few years ago, and
cial. The currency was good In all paris
ottne country; High wages prevailed and labor
porous, and they were entitled to
the credit. This was the result, they said OF re-
conceded It. But as they claimed the reward
| fr prosperity then, so now, when we are sur
no. v oy 9g' be e eS
Sible. And let them account for the condition
In which we find ourselves. Why IL II that
labor seeks employment and not employment
labor? Why is It that the products ofthe coun-
try seek market instead OF the market seeking
tue products? Why Il 1t hat lp every part OF this
great country hard times is heard in every part OF
the land except In particular fSmilies? And I'm
such country az no other peoples can boast, when
| every acre of soil Is toductive, when WE ought
, to be all prosperous Why are we not prosper
! Gus? Let the republican managers who ask a
c continuance in power answer that question.
, Before they can take another step In advance
they must satisfy the people that they nave
: tn great country. Have they made that an
swer? In this city, state and nation have they
, being so great, aye, enormous-that taxation is
e 30 burdenSome, the earnings of labor contrac-
: ted9 Let them answer thai question before they
demand continuance of power.
QUESTIONS TO BE ANSWERED NOW.
There are some questions which should be an
. swered now-not as IL the democracy occupied
; In this controversy defensive position-bul
upon the fair argument that the party which
e Tor the manner in which that power has been
d exercised. In respect TO the finances OF The
country. have little 10 say To you might
! with reference to any policy OF the democratic
: party. When that party comes INFO power il
y Will be Its mission To promote the business and
: tle enterprise OF his country by good cur
reney; sufficient for its business, [great cheering
a good currency; but the question tonight is
II what is the policy oil the repuo lean party la re
: spect TO the finance of the country? And tha
" policy, in my Judgment, Is found in two acts o
e, congress. The first OF these passed the Iftt
v day OF June, 1861 provided for free banking, bu
4 eurr ncy OF this country should remain at three
Il hundred and eishty-two millions OF dollars
n | (SSS2OO00U). When the debate upon that bill
!, was progressing, distinguished senator an
u nounced to the senate that the fair construction
- OF the measure would be that there was TO he nj
a reduction OF the greenback currency below S3S2,
0OOI0, and that statement was made by a sen
: tor from my own state, republican senator
)f Ihey passed The bil and tue country acquiesceC
ia ttfn the belief that law, especially for the
me, did fix the gree back currency at $685., 900,
n new m easure was Introduced into the congress
N of the United States-a measure contrary 10 tn,
: policy of { re act OF 1874 speak now of the ac
g of the 18th day of January, 1875 commonly
o known as the resumption lava law providing
" for return ospecie payments. have littl'
to say To you In respect 10 that law. 1t receives
}: Every democrat in the Senate voted agains
S Il, and, believe, every democrat ii
Inc 70 was house eo,ors aiso 0o,, voted voted against /,
IS you, was it adopted az We nd the answer to tha
l query In speech that was made in the state o
n Ohio. very recently, by Mr.. senator sherman
t chairman of the finance committee of the Sen
g ate, He stated In his speech, in opening the
vaSs In Ohio, that the act OF January last wa,
passed because the fortunes OF the republican
. party required it, He stated in that speech thai
II year ago the republican party went into the
/ contest IN all the elections in the couatry wit
: out any policy upon the finances, and that they
g were beaten all along the line, and that when
N had been taught by those defeats the necessity
q OF having policy. and so thsy decided upon
y this bill as
TIE POLICY OF THE REPUBLICAN, PARTY;
4 and Mr.. Sherman, in the speech to which
= refer, stated to the people of Ohio that that bill
e made fixed policJ and that there was no ster
: backward. My opinion is that from that bill
v there viii be "a step back ward" lDeafenine
y cheeTS.l IL Is rather extraordinary that lead
I ing member OF great political party should say
r TO The people that bill has been passed TO estab
n llsh party policy and yet the chairman OF The
a finance committee of the United States Senate
says TO The people of the country, "the republi.
n can party needed policy, and therefore we
I, passed the finance bill OF January, 1875" Now
what is that bill? The FIRST section of the bill di
rects the secretary OF the treasury to redeem .ne
4 fractional currency OF the country and supply
q It's pl ace with silver coin. The last section o
the bill directs that he shall redeem the first
n day OF January, 1879, all the outstanding legal
: tender notes with gold Now the fractional cur.
J. rssncy rene last month. according to the report Of
v0O, and the legal tenders accounted to 1913 COO
n 600. So this resumption law OF last winter re-
II quires that with coin the currency of the coun
! redeemed
n amounting to more than $4,000 s,CO0 The ques
ton recurs to each one of you. how Is The secre
n iary OF the treasury 10 redeem the currency OF
+ the country with cein? There Is no gold in the
treasury for that purpose; there is no silver in
. | the treasury for the purpose OF fedeeming the
/. fractional currency. That very question pre-
sented itself to congress as IL presents itself 10