The New York herald., 1876-11-04
Dsvid A. Wells Reply to
Schurz and Evarts.
HON. MR.. THAYERS' SPEECH.
Eisiness Stagnation Caused BY the
Administration.
TILDEN TO SAVE THE UNION.

The grand rally OF the Tidcn aud Hendricks cau-
,agn CLUES place evening" and in the
81 enth husasm and the character argeness OF the
attendance. not surpassed by any democratic
gathering OF the present campaign. The platform
was occupied by number of the most prominent
BUSINESS men in the city, including Mayor Wickham
William E Dodge. Jr.; Aigernon 5. Sullivan, John
Kelly. Thomas Cooper Campbell, Parke Goodwin, Peter
b. Oiney. John McKson &c The meeting
called to order by Thomas Cooper Campbell,
and motion Howard Potter was elected
chairman. In q bret Introductory address Mr.
Potter advercd to the great issues or tho campaign,
which consisted in his opinion, on the question
whether people OF this country would pass
of confidence in the present administration, or by
vote OF want Of confidence consign life of retire.
mcnt forever He contended that by its rottcnness,
the present government entitled only to public
condemnation and he deemed shat under Mr.. Tilden'
administration TO whose no paid high per-
sona compliment the evils that affect the country
YOU be remeded.
DAVID A. WELLS, THE ORATOR
OF the evening, then introduced. and after few
preliminary observations said =
FELLOW CIrzEss--I propose to speak specifically To-
nign, tins question what is the relation of The
peuiing PRESIDENTIAL election TO the business interests
oi tie country?" propose also TO speak from text
anc tins t-xt shall be the following extract IRON the
League CLUB Of this city October II. ana addressed
especially to the "substanlial business men Of tho
sssurI Cha or xa n. & sa,a M
II means several years more OF that unccr
taInty which is now crippng business, which IS
depressing our industries which mas been closing our
factories which has put great many OF our working
men adrift; somc years more Of that want OF conf
aenco which stands now In the way OF the revival OF
enterprise sone years OF spreading bankruptcy
In lact, some years more OF dull and hard times''
For years MI. Schurz and myself have been In the
m Nv ~ ttArG mol ttNul
nomicai and personal. dislike much to lind myself
In antaeonism with him upon any public question Yet
Ions above expressed, and dsagrceng, propose
TO review the lacls IN the case as they seem TO me TO
present themselves and leave the public to Judge
which OF US two is right in his CONCLUSIONS.
THE CONDITION OF THE COUNTRY.
Now, In seeking Tor tho causes OF the present pros
raton and the reason for the reardation OF curative
actiop, l am not narrow minded, unjust
partisan to attribute the blame wholly policy,
or want Of policy OF the party and the ADMINISTERS.
lion hat or long period years controlled
tne federal government Governments are not ON
nlpotcnL ihey cannot make men wise who are
But lot reinforce and impress It by nm illus
tration. During the year 1875 tho Labor Bureau
remarkable investigation. IL Obtained from 10000
working men and women In that State nn account OF
what each one earned dung that year and what zach
one saved The result showed that average they
sarned S459 per annum, ana spent average $3.50
per annum, leaving average possible annual saving
rs provision against future want, sickness and old
lge spout $40. And little calculation will show
tnai In order to this, the average workngman
Soman Of Massachusetts, must not cxpend Of
fuel, shelter, taxes, education, religion,
amusemen.s or health more than 81 81
no large allowance And II this is the condition Of
things Massachusetts, where accumulated wealth Is
people more highly educated than almost any
other State in the Union, wha; Is II In other sections
OF the country Now. suppose that, by reason Of
federal msmaDagoment Of national trusts, the re-
lations between different sections OF the country
made discordant and hostile when they should be
peaccabe and friendly; that The taxes and expend
lures excessive absorb undue
oil the profits Of industry; that The medium OF
change and The measure OF values is made uncertain
aud luctuatng that trade with foreign nations ham,
pered prevented the markets Tor domestic pro-
ducts are restricted, and that in consequences OF the
ceasc to move, the fires the hcartns OF the
furnaces 70 out and trade becomes sta2nant we
know what then follows to capital. The news
papers reerate that daily But how many OF the
newspapers aud of the people themselves fully appre
ciate what follows 10 labor? But II man earning
an average $40 day. and dong as well as the aver
age working and women do In Massachusetts, is
deprived OF tho opportunity OF employment by
OF the derangcment OF industry for only ten days in
the whole year, no. only is his whole possible surplus
swept away but . nearly equivalent amount Is de-
Quoted from his fund Tor living, carrying him over at
IRON condition of abundance and comfort 10 a
condition OF discomfort and scarcity.
QUESTION THE HOUR
The important question OF the hour then gentle
men, In determining what is tho bearing Of the i'm
pending Presidential election upon the business inter-
csts oil tho country, Is, In what manner has the
administration and party which has been III control OF
power for the last fifteen years, and which APP
peals to the people for continued lease OF power ad-
ninistercd The trusts connded 10 its Has II admu
tered them in such way to bring abundance or
scarcity TO the country, or discord prosperity
adversely?
In answer plead, urst The general issue. LOOK for
yourselves at the general condition OF the country and
let the results OF the most superficial obscrva-
tions speak Tor themselves.
TUE STATE THE SOUTH.
Iplead next tho condition OF the South. Has the re-
publican party ol owing the advice OF the late Governor
Andrew, peace since the close OF the
vigorously rs II prosecuted the wary call but one
under this head, aud one, i he Is tho right
one, Is all that rs necessary. call Charles Nordhon
TINS gentleman during the last year. at the request Of
Mr. Bennett OF the HERALD, made Il personal vista
ton AMI invest cation OF the Southern States. As
investigator and observer Mr. Nordho cannot be sur
passed. HIS testimony has been before the public,
printed and bound III book Tor n year, and no one
has questioned its accuracy. even much the
decimal OF state debt quote tho essential part Of
his co. o.clusons.-
Those which have been under republican control
have been shameiesSiy ed, deeply.
OF thcm hopeicssy debt, with very heavy
Z ON the other hand. Georgia. which has been sine.
scarcely any e,un'y debts good cSsa. and low taxation
It's remarkable fact that according 20 the bes. evil
cratic Ieorra far real estate and taxes
Ssen un,er rsonnnean rule like Arkansas or Louisiana
Wherever one Of these states has aen under the COM
cal reforms OF admins ration ana. IN Arkansas
Atnbamu restoration OF ana good Will.
B. In Louisiana and south Carolina. which remain under
republican control there continuance of bareaced
and Of efforts made by class OF unscrupuous DEM
the races in hostility against other
The eonduct OF the republican rulers in all these
States has driven party the great the
white people the property owners taxpayers and persons
and honesty. At FIRST raole
THESE ranged On the republican side Now in
all the states have mentioned except in North Car
republican consists almost exclusively Of the
negroes and the federal onceholders with la louisiana
the republican state and county officers also.
Thus has been perpctuated what Is called the color
line in politics. the democratic being composed OF the
whites. almost
OF those who property pay taxes or have
while republican party composed almost Altogether
She grocs who body iterac without property
easily mis!ed by appeas to their fears ana 10 Iher
gratitude 10 'encrai Grant, who Is TO them the embodi
ment OF the federal power
s This division OF political parties the color
line been great calamity 30 the Southern States
Now what need have to summons any further wit
ncssesf And yet out OF the great abundance OF cst
mcny to the effect that givcn by Mr.. Nordhof,
! cannot refrain IRON calling your attention to few
other which especially bear upon the business
interests Of the country