The weekly Oskaloosa herald. [volume] (Oskaloosa, Iowa) 1855-1885, 1876-10-19
Extracts from Senator Sherman's Speech,
Mt Marietta, OHIO.
FINANCIAL DANGERS OF RESTORATION.

FINANCIAL DANGERS OF RESTORATION.
Remember, fellow citizens, that the
late slave States have now 1O6 members
of the House of Representatives The
Northern States have but 1876 members.
Every member from the South would be
compelled by the local demand of his
constituents to go to the utmost verge in
reimbursing their losses from the Treasu-
ry of the United States, although they
brought these losses upon themselves by
their rebellion, as well as inflicted upon
us the loss of 100000 lives and many
thousands of millions of dollars. 1t only
requires forty-one Democratic votes from
from the North by men who will be
bound by party ties, influenced by party
caucuses, to saddle upon the North the
very damages we were compelled to in
fiict upon open enemies who for four
years waged an unrelenting war against
the National life. / could show you many
votes where the Democratic members and
Senators almost in a body voted for the
very principles involved in these bills, and
in some cases where bills dangerous in
principle were only saved from passage
by the veto of President Grant. warn
you, with all the sincerity of truth and
honest conviction, against this palpable
danger that will come by the restoration of
the Democratic party to power. The Re
publican party and President Grant espe-
cially have guarded you thus far. We
secured a constitutional amendment to
protect you from the assumption by the
United States of the debts incurred in
aid of the insurrection and rebellion
against the United States, and any claim
for the loss or emancipation of any slave
But Congress alone, and, as | verify be-
lieve, the Republican party alone, can pro-
tect you from the untold multitude and
and magnitude Of claims for losses to
persons and property in the rebel States
suffered by the rebels themselves.
FINANCIAL PHANToMs.
There is another law passed by the Re
publican party against the united vote of
every Democrat in Congress, upon which
they have not and dare not make manly
issue, and that is the Resumption Act.
Last year the whole party in Ohio, with
Gov. Allen and Gen. Ewing at the head,
rung the changes upon this act. 1t was
the raw head and bloody bones of their
speeches and their dreams; and the chief
mission of the Democratic party was to
repeal this act. Not vestige was to
remain. Many an honest man was led to
vote the Democratic ticket from an erro-
neous conception of the Resumption Act,
and in the faith that Gov. Allen would in
some way veto or repeal it. Well, we
have had Democratic National Conven-
ton at st. Louis, and here is what it says
about resumption and the Resumption
Act:
"We denounce the financial imbecllity
| and immortality of that party which, dur
ing eleven years of peace, has made nc
advance toward resumption, no prepare
tion for resumption, but instead has OBJ
structed resumption by wasting our re
| sources and exhausting all our surplus in
come; and, while annually processing tc
intend speedy return tospecie payments
has annually enacted fresh hindrances
thereto. AS such hindrance we de
nounce the resumption clause of th,
act of 1875, and demand its repeal"
| This is piping at lower key. Th,
I Democratic party denounces us for max
ing no advance towards resumption dur