Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1876-10-24
GMASOD'R.

| trict, addressed good sized crowd at Mason s
| Mr.. Young spoke OF the Radical party in the
| past and present; its corrupJions mRladmin
! istration and public robbery, and also OF what
| would be pected for the future should this
| party get into power. He next ventilated Mr..
Randolph's record as a bowling rebel in the
| late unpleasantness, and showed him TO be
an original secessionist clamortng for south
ern independence, the destruction OF the
/ Union, aDolitionism, and opposed TO negro
| emancipation. This was q terrible hashing OF
Mr.. Randolph, whose political character was
made TO quiVer and smirk under the truthful
and severe chastIsement of the historical lash
Mr. Young asked the negroes II II
| aud the darzies answered, "Aol nop MIR.
| Randolph replied, and waved the bloody.
| shirt with nervous despair, his speech being q
ooDglomer. .tion of the disjointed essays Of
IngersOil, blaine, Morton, and other shining
lights in his gloomy party. Mr.. Randolph
little judgment in the framing of the ele
mentary principles of mis- speech, which were
wanting In dignity, but excessive in partisan
mslice,
in Payette county, Messrs. MIlIiken and Col
Hel, the Democratic legislative candidates,
addressed large crowd, and were not only
attentively listeL ed TO, but applauded through
out their remarks. Their spec Jhes were able
aud con sincing, and made very favorable
impression, both gentlemen devOting them
selves TO the discussion of lo7al issues.
Mr.. Collier has the following appointments :
Lucy, Tuesday, Gath; Bartlett. Tuesday night,
oath; shelby, Wednesday, 18th; Wythe depot
Thursday, goth; GaIlaway, Thursday night,
28th; Cuba, Saturday, 18th.
At Bartlett.
There was quite crowd at Bartlett Satur-
day 10 hear the addresses of the Democratic
candidates, and Colonel Fom Avery, VINO is
Speaking in behalf of the party which he ha
50 faithfully served and been bonored by in
the past. Mr.. Charles kOrtTecht, one OF the
Republican nominees for the legislature, also
went to Bartlett and asked division OF time,
which was accorded him. The orator1al eX
ercises we're opened by Colonel Avery,
who said, in substance, tnat when you see
country and people prosperous and happy,
labor re arded, industries remunera ed, the
nfe's-blood of commerce aud t. ade beating
high with the pulsations of vlgor and activ-
iLy agriculture and manufactures all pros
porous, you may set IL down that the laws un-
der Whicbsthe people 1.-Two are wholesome and
their administration just. But when y6u II ld
the converse of this proposition prevailing
when trade is paTalyzed, commerce stagnsnt,
labor qnrewarded, property Valuelessr manu-
factories closed, the burdens OF taxation and
bankruptcy bearing down the people, armies
of strong labOrers tram ping thrOu2 h the cOun-
try begging for bread or for work-when you
see ruin itself staring you in the face, you msy
rest assured that the fault is in the laws and
the administration of the government under
which you live. He then showed that the Re-
publican party hsd had control of this gov
ernmeut Tor sixteen years-eleven of those
years q period Of profound peace; that
Slss' ass st presgSsed sgI as ca1ddate i0T
President, the prominent feature in their
platform was the declaration that toe
Government OF the United states should be
administered with the strictest economy and
the corruptions which have been 50 shame
fully nnrsed and fostered by Andrew John
son call loudly for radical reform" He then
showed how the Republican party, instead of
administering the government upon the
principles OF the str,ctest economy, had spent
almost three times as much each year as was
spent In the most extravagant administra-
tfons under Democratic rule; that Mr.. Polk,
during his administration, including an ex.
WpT-fhG Mexican
not spend half as much as any four of the
cheapest years OF Grants administration
with no war. That in all the departments OF
the government, wal, navy, miscellaneous,
Indian and all, the expenses Of the govern
meRt had trebled lunder Republican rule
the government from the corruptions
"nursed and fostered by Andrew John.
son." he rapidly and hastily pointed
the Republican party unearthed and pun
ished by Ihe y Dsmocratlc party OF the country.
He pointed 70 the Penitentiarles OF the coun-
try, full of Republican eorrn ptiontsts, as proof
ofIhe way the country had bee. rescued from
the corruptions OF Andy johnson. He dwelt
at length upon the ubiquitous legislation OF
the Republican party, and showed how their
whole legislation since they had been in
power had been always in the interest OF
inoneyed powers and monoP9liss M ,a snG against
ton of the people; that their whole legisla
tion had been In favor OF capital and against
labor. And first, he alluded 70 the indebted
ness of tie country-when Morton, and Ben
Butler, aad Thad stevens, anu sherman, and
all, said II snou:G be paid according TO the law
OF the contract at the time IN the lawful cur
TsneY-tne United States treasury notes of the
couptry-that the bondhOl iers and moneyed
powers manipulated congress and had the
OF the country. He then showed by apt IL
lustration how the monopoltsts and moAeyed
power again wrought upon the Republican
conEreSs TO declare silver no longer money,
because ii ha3 become cheap through the pro-
duction OF our own mines, and its being put
upon the markets OF the Worlf as commod;
ity Of trade by Germany, which naiiQu had
demonstrated IL. By this act OF the Republt-
can party the public debt was increased two
hundred millions OF dollars, taken out of the
pocketS OF the people and put intO the pocketS
OF the h0ndholders. But above ell the causes
OF the terrible condition Of the country, BE
regarded the forced reSum ption act as The
chief. and argued as follows: In the first place
there can be no suen thing as forced FesuInp-
tion. Resumption can only be accom- plished
SIS declared in the Democratic platform, "by
a fudicious system OF preparation, by public
economics, and by wise nnance." Has any
such preparation beer made, any such steps
taken by the party in power 10 bring about
resumption? Are they any nearer rssump-
ton now than when the bill passed two years
agU? There are fourteen millions OF dollars less
I'M the treasury poY than then. Our circulst-
ing medium now is aoCut seven HUNDRED mil
iorl-abOut three hundred and Xty million
In United States treasury notes and three
hundred and forty million In national bank
notes. The three nuDdred ana sixty million
IN treasury notes Is What the law says snail be
redeemed In EOiQ on b0G eI lof5
or course when redemption takes place on the
part Of the government REDEEM ptton Viii also
have 10 take place on the part OF the national
banks. WheFe iE the gold to come from?
With siI vor stricken out as an element of re-
deEnptiOn and gold at such an enormous pre-
MUM, with no preparations yet made ac-
eording 70 the Democratic platfoI In, low Is 1t
possible to redeem7 What is the permciQus
eff, ct OF this act still standing ppoU the stat
ute book? 1t contracts the currency, bocaHse
it begets the boarding OF that paper that
ought TO be in circulation. One dollar Of 1t is
only worth about eighty eight cents now,
when on redempt on day the holder
Beside the national banks must necessarily
contract tneif circulation preparatory TO re-
sumption. This contraction WORKS shrlnE-
age IN the values Of all properties. 1t Is ar,
gued thst even II the currency Is contracted
the purchasing rover of what is left is corre-
spondinEly Increased; thai one dollar now
win buy as much as two would before. Thls
might work very we'll If there were no Debts
tIOr taxes II debts and taxes were reduced
IN proportion 10 the contraction OF the cur
Eency aud the shriD kage in the values OF prop
sTI(es, LheIe might be some j1Atice In IL. But
this is NOT So The -ine4Grable debts and the
inexorsble taEes stand the same, immuta6le
and unchanged, 10 oppreSS the producing,
laboring and debtor class OF the people.
Although the dollar now in the hands OF the
risk, the bondho ding, the mOneyed and
creditor class, will buy twice as much of the
poor mans property and procure twice as
this same dollar viii only pay one
one dollars worth Of taxes. This is the legisla-
ttou Of the party that asks the people TO per-
petuaie their power. The Democratic plat
form called Cor repeal OF this law, or the re-
demptiop clause Of 1t. The Democratic house
OF representatives, responsive thereto, passed
a bill repealiug it. But the Repu0licah SEN
ate and the Republican TRrty. both in and
out of congress, said nOg lat IL still stand upon
the statute books, TO do rs terrible work of
oppression. Some fifty odd years ago there
existed in England precisely the same condi-
Of things that nov exists here. Specie pay
InsEt had been susp snded, IS with us, for
many years. In 1919 the parliament OF Great
Britain pssSed q redemption act, to take eff
feet in four yeGrS, about Ike ours. England
had then a circulation Ol SnOut two hundred
aud fifty million. We have clreulatiOn OF
.ho,,T huudrad million The nt6pr-