The daily gazette., 1876-01-10

the States and the Federal Govern
ment, which must be cleared away
We find in some of the States that no
government worthy of the name exist
ed at all. This state of things has not
arisen from the war, but IRON mis-
management since the war. 1t results
directly from disregard of the trne
functions of the Federal Government
and from the invasion of the chartered
rights of the States.
With regard to the currency ques-
tion, the speaker said that the condi-
tion OF the currency In all bat two
States California and Texas has
brought about confusion of ideas on
the money question which must end
before any degree of prosperity in
business can return, The money OF
people must affect the morals of peo-
pie and dishonest money makes dis
honest men. If we would have honesty
IN business, therefore, and honesty in
all the relations of life, we must re-
turn to that money which is accepted
as money all over the world. The !
financial troubles have been brought |
about by mismanagemcnt in finance |
and by an assumption on that part of |
Congress of powers with regard to the |
currency which it does not possess.
Ask any onc-Republican or Demo |
crat-what there is in the Constitution
which warrants Congress in )ing into |
the business Of banking. The Cousti
tuition gives the general Government
the right to coin the precious metals
which you and take to it into money
and to take measures to prevent the
counterfeiting of it. But if there is
any other power delegated to Congress
80 far as the issuing of money is con-
serned, should like to see 1t. But of
late years Congress has assumed the
right, not only to set afioat thousands
OF national banks, but also to prescribe
that one species of capital shall be
used in banking over all the country.
some people say hewcver, that the
present system is 80 convenient aud SO
we'll secured that 1t is not advisable to
change it now. What il it ise Is 1t
American? Is it tconstitutional9 I'm.
periaiism has coAveniences. Despotism
: has its conveniences. The ruler who
saves you and me the trouble of man
aging our OWE affairs, may make us
rich men, and he may make us rich
slaves. 1t msy be narrow creed but
1 know no law to govern me In morals
er in money but the constitution OF
my country. l have not been care
less man since entered public life.
have studied, according to nay ability,
, the great questions which have ceme
before me, and, from the knowledge
that have been able to gather on the
subject, u do not believe that stability
Q in business will be secured until Con
3 gress rea ounces the right to regulate
5 the volume of the currency, or to make
anything else than gold and silver, or
! their equivalent, legal tender.
l another reason why the increase in the
8 powers of the Federal g Gevernments should
n be prevented is that it opens the way to
= strife on the part of different sections O!
Q the country for the control of the Gov
r eminent, in or6er TO benefit, not td,
a whole country, but themselves. Wha'
hearv-burnings there were in the Soutl
> some years ago over the tariff question
and now We see the Cast and the Wes
arrcyed against each other IN order t,
u gain possession of the General Govern
IS men6 for purposes of local aggrandize
IS ment. Let us prevent the disruptio,
= which is sure to follew such struggles n
d these by renewing the opportunity Q
q di0cuption. The loading policy in Con
= gress Of ls6e has been fer the variou
4 Representatives. to secure as large an ap
= proprlataon as possible for the benefit o
loeal interests and this policy is IL.
= source OF muzy troubles.
= tut we see the growth cf even uaos
e dangerous powers. as eyenplitied in tly
e resolution Of Senatsr Norton calling fe
is ga inquiry i5to u State election in Mis-
t'isslppl and dor the correction of abuse
o there if they are found be exist. The re
salt of such u resolution must be tha
:. the will OF the people of State, express
- sd at the bekOt-boz, can be overthrovyl
BY the action of thes ienerafG Governsuent
. X this is done, the Goverrment wall n.
Il longer be g. federation of separate ar,
Q independent States. but it will be q cen
o tralized. single Goyernment-not q. tga
/. ion but unit.
n the great monument which your genips
q your energy end yorr skill have erected
You wild see there the trirmphs whiel
!, have been accomplished in art and in
dustry ia this country, for the past hnn
II dred years. Fou may well &eel pro,sd.o
!. the exhibit. But although Sou may be
{ great people-proud and rich and stror.
e II would rather have one thing.
d would rather have the spirit which AMI.
e mated the meg of tZ&;. If you have nc
4 this spirat-the spirit which sustaine:
e Ethe men, who, baref0oted and in home
- spun, won for Gou the opportunity to be
i come rich, then you have gone backward
+. and not forward. After DIV sHing on the
L state OF Affairs an Lou siana, the speake,
= osncluded as follows:
y The remedy for oil these enils lies il
b the ballot-that grand invention of ou,
{ ltathers to accomplish revolution
peacefully. Let ns see that next year i,
. shall give TO us President who will re
spect the majesty and the sovereignty Of
the States, and who she'll be not a man
/ of iron will. but q man who bends before
the Constitution and the liberties of his
: countrymen."
: The remaining toasts were responded
to as follows:
r Free Churches and Jfree SCHOOLS
a Main pillars of free State By Fir. +,
q W. tGrayson.
n Constitutional Money-yhe same yes
: terdag, to-day and tomorrow. BY Geo
: NJ. Dallas.
g The Treasury of the United States
I The repository of the money of the peo-