The daily gazette. [volume] (Wilmington, Del.) 1874-1883, 1876-10-16
Auomst Bein.on,'s Splendid Speech.

|
one would have supposed that the Repub-
lican press would have undertaken to
send forth such lie about this gentle
man as the following from last Tuesdays
Republican, of this city. 1t says:
SIGNIFICANT FACT Belmont, the
banker and Democratic prince Of New
Y DIRK, refuses to give dollar TO the Til
den campaign. The secret OF this re-
fusal has just leaked out. Belmont is
the agent in this country of the Roth
childs, and this firm has notified Belmont
that Democracy means reputation, and
. this the ruin of American securities.
Every man who holds United States
note or bond has an interest in the sue
cess of the Republican party, and Bel
mont recognizes this fact.
The noble sentiments which flowed
from Mr.. Belmont on Friday night proves
his adherence to the Democratic party
and that he is a firm friend of the next
President of the United States, Mr.. Til
den. The lie of the Republican thus re-
coils upon itself.
Mr.. Belmont after congratulating the
assemhlage upon the great victories inthe
West, said:
"The first battle in the reform cam
paign, repeat, is won, but the great bat
tie in November remains to be won. That
great and final battle will not merely be q
contest for the supremacy of a political
party. but it is the struggle of an oppressed
and overburdened people against bad men
who have possessed themselves of the
machinery of a once great party to defraud
tho American people of their prosperity
and good government. We have coun-
try larger in extent, richer in agricultural
and mineral resources than any other
country on the face of the globe: we have
magnificent lakes and rivers on which the
largest vessels can carry the products of
our fertile soil to numerous seapors on
the Atlantic, the Gulf and the Pacific ::
We have a system of railroads on as large
a scale as that of the whole of Europe
combined; our people are intelligent, en-
terprising and industrious we have
neither the expenses of royal family to
defray nor the burdens of caste system
to bear; we have no large standing army
and our navy is reduced to the strictest
requirements of peace, so that at this mo-
ment we have fewer ships in commission
than any second-class power in Europe.
Yet in the face of all this there has not
been in the whole history of onr exist
ence a time when general distress was so
widespread as it is at present. The work
shops stand empty, the manufactures are
|. deserted, our merchant flag has disap-
peared from the ocean, and employers and
employed look with dismay and dark fore
bodings towards the approaching winter,
which threatens our poor with untold
| fn, Oft fha
which surrounds us. This is not an over
drawn picture it is but too true and real;
and the statements of the Republican pa
pers and speakers that there is revival
in trade and brighter lookout for the
future are not founded in facts, and are
only put forth for electioneering pur-
- poses. When you look back to the time
n when the Democratic party was in power,
you will remember a very different pic
we ture. No federal taX-gatherers, no hord,
an, of office-holders devouring the substance
,he of the people, peace and concord between
;os the different sections of our country, on
~. vessels carrying TO every port the rich pro
'ut ducts of our soil and bringing back to on
Ire shores hundreds of thousands of emf
nd grants from Ireland, Germany, Scandi
,,b navia and other parts of Europe, farmers
~, artizans, mechanics and laboreis, all ad
re- ding to the wealth and resources of tn
Ire Republic.
bv OUR ENORMOUS TAXATION.
&C. 1t is useless to deny that we are at thi
moment the most hea,ily-taXed people il
err the civilized world. Besides a local in
debtedness 0own, county and State,) O
more than 400, 900, 600, upon which tn
annual interest-charge is over 100000
per 600, we have a Federal Indebtedness {
more than one-third larger say over S.
i'o 100, 100000, on which the annual intere.
es- charge exceeds S100,000,000. Add I
lee these annual interest-charges the annu;
our working expenses of our National, Stat
County and Municipal Governments, al
az the weight of our tax burdens is part
Tor accounted for. But this is not all. Ia
es so heavy are made much heavier
methods of mposition-corrupt clum
and full of favoritism. A protective ia
.lec- if and a fluctuating currency of pap
debts overdue, enhance the tax burden
'"P exhaust the resources of the country al
ratio still further impoverish our suffering pc
ant pie. We cannot even any longer bof
I'M that we have no large standing army, f
We have an army Of 900 ofiice-holde
who directly and indirectly cost to t
people of the United States as much
the military establishment of one of t
odt- lrst-claSs European powers, ana IL
r all with this very army of office-holders Il
o,,l.s the leaders of the dominant party int
to hold ON to power. In direct violati
nous of !the law of Congress, Federal Off
holders are taxed in proportion to tn
salaries to raise money to elect Hayes a
Wheeler, who are to give you four We
'ues- more the blessings of Republican III
ilden i've .' ax ~, nd ;ts .n "a
ty of that YOUR own money. taken from V,
then hard earnings by the Federal tax gathe
is used to force upon you again the n
who have so sinally failed to bring
back to prosperity and peace. And wi
it is feared by the Republican manag
move that the money, levied in violation of
They law of the land upon these servant
jority the whole people, may not suffer to o,