The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-09-15


values, thus giving double force TO the
other intoDersble evils of this hell-invent.
ed, British-borrowCd scheme of forced
gold resumption.
| tell YOU, fellow citizens, that the peo-
pie cannot stand the execution OF TINS
| scheme without an almost complete con-
fiscation pr the property of the country.
! Foot up the losses to the people by this
scheme, and the aggregate is so vast that
to attempt TO comprehend 1t makes ones
| head swim. Add to the robbery OF
debtors to the extent of seven billions OF
dollars, he robbery OF taxpayers OF seven
| hundred millions more each year; the
robbery of business men of not only their
legitimate profits, but also OF the accu-
| mutations of former prosperous years,
and the even greater loss to laborers and
producers through the enforced idleness
of millions of workers, and you have a
sum of wrong, injury and anguish which
no imagination can survey, and no tongue
can adequately tell. Applause.
The Money Power, falsely preaching
that public faith demands this policy,
are driving the people to the point where
they may, when the villainy is fully
understood, reI udiate what good faith to
the creditor class really demands; their
madness 10 equal to that OF the ultra. adj
vocates OF slavery who, through an I'M
periousness born of absolute power, lost
the institutions they were struggling to
extend and perpetuste.
Now, fellow-citizens, L feel that the
abandonment of this scheme OF forced
gold resumption is OF all things most inn
portsnt to the mass of the people. How
shall we force its abandonment? We
can only do it through one or the other
of the two great parties. Which party
will do it? VIII the Republican party?
Why, it enacted the law by the vote o!
almost every Republican in both Houses
of Congress, and with every Democratic
vote against it. That party won't repeal
it. 1t has ut this last session of Congress
stubbornly fought every effort to repeal
or modify it. You cannot expec', then,
change IN this policy at the hands OF
the Republican party, nor from the in
huence Of Governor Hayes, who ex-
plicitly declared Immediately before his
nomination that he was opposed to
touching that law unless by an amend
ment so rs to make resumption more GER
tain on the lst of Janury, 1879.
What does the Democratic party offer?
Its National Convention passed reso-
luton demanding the repeal OF the re-
sumption clause, and the Democratic
House by an affirmative vote OF eighty
nine Democrats and only four Republi-
cans, passed bill for lis repeal. That bill
provides that the whole clause shall be
repealed which authorizes and requires
the Secretary of the Treasury on the lst
of January, 1879, to pay the legal tenders
then and thereafter presented for redemp-
ton. II that clause be stricken out the
Secretary OF the Treasury will be left
without any power to increase the puoilc
debt to provide for gold redemption, and
without power to redeem single green
back at that time or any other time.
1t is in fact the evisceration of the law
so far as it provides for the resumption OF
specie payments on legal tenders. The
Democratic party almost unanimously
supported that bill; the Republican party
almost unanimously opposed it. The
| greatest tNll Vi lDhL li" Ii'S III WIZ ~
| crease of the bonded debt, destruction of
the legal tenders and consequent con-
traction OF our currency, all of which
will be stopped by the repeal OF that
clause. Does any man need more than
that rs a matter of immediate relief?
How can we get that bill through the
Senate and approved by tho President?
This is practical question and not a
matter of sentiment. Feliow-citizens,
there is only one way to do it, and that
| is To put the Democratic party into pow
er. Applause.
We can do it, Shall we do it? ask
the green back men, shall we do 1t? L
appeal to men who feel rs l do, that the
greenback ought to be increased in pow
or, that II should be made legal ten Ter
for all purposes [applausel, and that 1t is
the best permanent currency that can be
furnished To the American people. APP
plause I / don't want to see 1t destroyed,
| want the scheme to destroy it through
this resumption law arrested At the ear
lest possible instant, and therefore L am
gong TO follow that party which has
shown both by its declarations and Its
act that it will save from destruction this
costless useful money of the people.
Loud applause.
Now, / presume there are men IN TINS
audience who feel that, as friends OF the
greenback, they ought not to support the
Democratic party. Fellow-cItlzens, II
Won could wait for fur, eight or twelve
wears TO accomplish your purpose, you
A. tho snaHs Nf "A marty
TO stop the execution Of this resumption
scheme; but while you are building up
the new party the scheme will be fully
and finally executed. Therefore 1 feel
that the effort to create the Greenb back
party now, when the Republican party,
bv ITS resumption law, is throttling the
labor and productive Industries OF TINS
country, and when the Democratic party
is struggling to save them from instant
death. Is terrible and ruinous mistake.
loud cheers Go on, my friends, ana
build up your Independent party, but,
while you are building it, the Repubh-
can party goes into power again. Voice,
That's So And i: goes into power
with your half support, because every
vote cast for the Independents is vote
cast for the Republican policy of re-
sumption. By adopting that course you
display an imprscticability IN public
affairs like that of Burke-you are "too
fond of the right to pursue the expe-
dent" know the Democratic party
does not 20 as lar as the Independents
do. would be glad to see that grand
old party plant Itself directly on the
Ohio platform. was on the Commit
tee of Resolutions, and that was just what
| asked Applause But we must
take things as they are, and yield slme-
thing of present demands to honest differ
ences of opinion.
The peoples attention has been hardly
turned to the finance question etiectnally
until within the past year. The Demo
cratic party dates back to Jefferson as
ITS founder, and has lived through vlcis-
STUDIES that would have destroyed any