The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-08-31


shall be made to promote .he general welfare OF TINS
great and glorious country, and when the people
themselves shan become conscious OF the truth
that government will always be just what
We, the people, make IL (Applause.) repea,
what have before said in many OF my publ cations.
The time has come when the considerations of com
mon humanity and all that can move the manhood of
American citizens must unite IN demand for act OF
common justice due TO the American people, who have
saved country from ruin, and will, trust,
project IT, The situation has made 1t the first
and most important duty for Congress to establish
justice, domestic tranquility 10 provide tor
its common defence and TO promote the general vel
and the blessings OF liberty TO yourselves
and your poster,y. Applause
| shall how close by thanking you, and assure you
that feel most deeply the importance oil the move
mand the attention OF all II | did not believe
assure you would not be here
tonight You shall now have the pleasure
OF listening to one OF the abest and most profound
thinkers OF our countryside who introduced the
first bill in Congress to bring about this kind Of cur
rency, which now labor to effect cloud cheers
CAREY s REMARKS.
Mr. SAMUEL f. CAREY said -
We have gathered here this evening in view OF the
approaching election to ascertain the duties that grow
oui OF our rotations to eur country that may
intelgcntly And while talk TO you wish you TOR
get AS lar as you possny can hai you ever belonged to
political party IApplaasel know how difficult that
is | have said thousand times that was born a
whig. and expected to live ana die wing,
and would have II the wing party had not died
before me Qaushtor) And there are men
who, born democrats, expect 10 live anu
die democrats Now, we are not here tonight
to talk about party politics. We are here TO consider
the condition of the country applause. All men OF
all parties are alike honest-I mean The masses. You
are animated by common desire, and that that
civil religious liberty might be perpetua,ed in ,hs
land 10 the last generation. (Appanse We are not
here 10 talk about men, about leaders We leave II TO
others who have no other subjects to discuss
have nothing to say concerning Governor Hayes, the
republican candidate for The Presidency have known
him from boy hood and II you say he Is FIRST rate
man, clever fellow honest, upright, brave and true
have no controversy with you on that subject TAP
plause.) II you have m'nd TO say any
thing in audation Of Samuel J. Iiiden-
(chcers)I have nothing 10 do with that II
we were 10 draw n parallel between the candidates
Tor the Presidency should not fear what would be
the decision OF this people and OF the whoethat Peter
Cooper is unmeasureaby above them both. (Appause-
His election President would NOT add sin gle laurel
TO his brow. But not discuss men. Ever
since have been a public ! have never tried to
the rich against the poor nor capital against labor
AS well might the hand say to The foot 81 have no
need Of thee, as that capital should say to labor
II have need Of thee" The speaker then went to
state how he had dispersed crowd OF 1900 starving
men in Cincinnati by halt hours speech, ana he
thanked by the mayor and authorities, but here in New
York he had been called the leader of mob The
when all the industries OF the country should be
revived, when the whole people could cry
out with the song sung at bethlehem
"Glory be TO God on high and peace on earth TO men
good Will" We wanted nothing OF war. Every
man had his own reasons why we had had war We
here tonight 10 consider the results of the
and apply remedy Money was to the body polite
what blood was to the body (Applause.l Some said
that there WAS money enough 10 the country to carry on
its business, but If there is not where it wanted
1t might well be in the Atlantic Ocean AS where il is
All The manufacturing and commercial interests arc
parayzed Go to that fine city OF Chicago to-day and
you rent nuo house TOR less than the taxes paid
it, Out OF 700 furnaces in the country there
400 idle to day. Some sand It ovcr-pro
duction that caused the stagnation, but 1t was
such thing; it was the want OF the money
to buy; 1t was under consumption There
thing Internally wrong when this state things existed
IN country which was inexhaustble IN resources.
God Almighty never gave such country as
this 10 mankind Here everything was sup
Piled for mans construction OF great
nation He wanted, like Peter Cooper, to live
the day that capital shall be the servant labor
and not labor the servant OF capital The money
power had been egslaiing ic its own influence bring
ing the nation to It's present condition, and we
form OF Cincinnati would have been clear,
made both Platforms. He should be excused for men
toning some names that other pie did not likc-ior
instance, observation-disclosures and rhaddeus
Stevens. The speaker here explained how green
backs were made uy legislation to the country
enormous amounts OF money. and that this
was done by tho money power Tho next
step taken by that power was the national
bank monopoly. In THIS way untold millions were
brought 10 is Golfers, which the aborlng man had
eventually TO pny The next step the bonded debt
the largest part Of which was the nve-twenty bond.
Nobody ever doubted that the principal was to be
paid in legal tender money, only the interest
TO be paid in coin. This view was held
bv Senator Morton, but Thasieus stevens did not
think that the bonds should DC paid IN gold,
emphacay stated in his last speech in Congress.
When Grant elected he said that the public debt
put $500 OcO INTO the pockets OF the money power
Immediately alter the passage OF this law IL feared
some democrats might get into Congress and change
the law, and they then passed what was known
as tho Funding bill There another for the
passing OF that bill, which was that the bondholders
should pay little Of the taxes, and that the bonds
should be taxed. But when they passed the Funding
bin they protected The bondholder by putting in a
special provision excluding taxes on bonds II, them
man had his money IN bonds he need not pay enough
taxes to pay Tor me education OF his children. The
next step was TO shrink the circulating medium, ana
they went to work steadily at that Everything had
been shrunK except taxes aud debt That why
!, 100000 were Idle and could get
cheap clothing when there money to
buy the cheap clothing and the cheap foody
You Will be told that If man had anything TO sell he
can get purchaser, but hero was labor to SELL and
where was the buyerY The Tribune, Times and the
World the flesh aud the devil not long ago say
ing an iuaationist but was never an inationst
In all my life Immense applause) Here the speaker
gave u vivid description OF the Resumption act OF
which The republican party vas the author and
owed now The millions were to be converted into
bonds and then there was 10 be issue by the banks
OF 500 COCO IN greeabac@s and that was imitation.
The speaker IN his explanation this point, mentioned
Governor fldons nalne ana there was applause with
some Kissing. which provoked him INTO telling
speak o, men, but OF principles.
lie then went on to explain how had only
sls0 600 600 IN gold for ali purposes II we were TO
Deem There to-day less than IS. 600 900 ali the
banks and only $4,000 900 IN the Treasury. The govern
Endorsed every national bank note, but how could
government make good that Enforcement. The only
tung that the President could do was 10 postpone
Indefinitely specie payments. silver had been de-
monetzei by Congress without the people knowing
1t SILVER coinage was dropped from the United States
coinage. The DoudhOlder saw 30 that h. should be
paid IN god, and tnus $500, 600 900 added
The burden OF the people No. since 1878 silver
legal payment ihis country And neither
platform. not al CINCINNATI nor at ST. LOUIS. then
word restore the silver dollar. The money
pOwef thIs country becoming the slave power.
lie believed the denomination OF he silver dollar
The firing on the aag--hse The drns on the dag at
sumter. What wanted o.ganlzi-
ton lie believed, honestly. that II the
question put to-day people
whether hey would have money bearing the stamp Of
the nati, . and be content with 1t there would be a
response OF 100 900 majority IN thus ely favor oil
paper circulation. Look France that sent up Tho
paper money sC42, 100000, anu u was interchangeable
ali the time with cd and TO country did pay gold
meet s obligai We never had gold and silver;
We had confidence Counterfeit money good
any oher long as u was allowed TO pass from nGnd
10 hand lie wanted enough money transact the
business oil the country; u there any more