davidaulloa/AmericanStories huggingface dataset:
The Osceola times., 1876-08-12
CIVIL SERVICE,

The convention justly aftrms that reform is
saiN IA the CNt service, necessary for its purinca
ton, IT. economy and efficiency, necessary in order
That the ordinary employment of public business
may not he prize To- fight for at the ballot box
relief Of party 1ca instead Of posts Of honor assigned
Tor proved competency, and held for fidelity in the
public employ. The convention wisely added that
reform Is necessary even more in the higher grades
OF the public scrNicc-the president, vice csdcnt
Judges, senators, representative, cabinet officers
these, aud al others In authority, not private
pcrqulsite, they public trust Two evils invest
the official service Of the federal government Is
the prevalent and dcmoralziug notion that the rub
nc service exists not for the business and benefit Of
the whole people, but for the interest of the Office
holders, who are in truth but servants of the
The Osceola times., 1876-08-12
ADDITIONAL ,GGRAvATIOys

u was aggravated by most unscientifc and lll-nd-
tusted methods Of taxation that increased Tho s,c-
fihccS oi The people far beyond the receipts of the
treasury, u was aggravated moreover, by 6nan-
clhl p"hcy which tended 10 diminish energy econo-
u"n and Induced miscaloulation tn business and IN
remuneraiive use Of capital and labor even in pros-
porous Times, The daily wants of industrious COM
mhhlll'" press closely upon their daily earnings.
Tue marriu, possible Of the national savings is
at best small percentage Of the national earnings
Nei now, Tor these eleven years, the governmental
consumption mas been larger portion Of the ma
ional earnings than the whole people can possibly
aNe, eyen IN prosperous times for all the new in
The Osceola times., 1876-08-12
EAST.

The extensive cotton mills at Little
Falls, belonging largely to commodore
Garner, says the Albany Argus, are at pres
ent closed, awaiting some adjustment of his
affairs. The commodore, il will be remem-
bered, was drowned in New York bay few
days ago. lie was one Of the largest, il not
the largest, buyer of cotton in the Memphis
market
The Osceola times., 1876-08-12
THE WANTS OF BUSINESS.

1t was in reference 10 such expenses that in dis.
cnss9n Of this subject IN my annual message 10 the
New York legislature of January ,. 1873, suggps-
to redeem every portion OF its issue which the public
de not wish ~ use. Having assumed to mOnorolize
against everybody else, it is bound 20 furnish all
which the wants Of business require. The system
shuu Il passivrB allow the volume of circulating
sredit- to clh and how according tu the chang
ing wants Of business. 1t should initiate loosely
Ar possible the natural laws Of trade which IL has
superseded hi artificial coutriyancc-. In a similar
diecussiou IN my message Of January T. ls76, IL
said that resumption should bc effected by such
measures a. would keep the aggregate amount Of
currency solt-ddustins during all tho process With
out creating, at any time, artificial scarcity
without exciting the public Imagination with
alarms which impair confidence and distract largely
the whole machinery of credit and disturb the nat
mi npa rt1us s,fI,
The Osceola times., 1876-08-12
THE ROAD Tc REFORM,

The first step in reform is the elevation Of the stand
ard hy which the appointing power selects aacnt-
tueNcCute official trusts. Ncyt an Importance H. "A
conscientious fidelity in the exercise ~ authorit to
hold To- account and dsplaco untrustwurthy auG in
capable suhordinatcs Tho public interest, in an
honest aud skilful performance of Official trust
must not Ice sacrificed 10 the use of incumhents AZ
ter these Immediate steps, which will insure the
hihtion of better examples. may wisely 20 uu to
the ahnishing OF unnecessary offices, and finally to
the patient, careful organization of better civil
service system, under tests, wherever practicable of
proved competency and fidelity. while much may
he accomplished by these methods, IL might encour-
preston OF my conviction that reform Of the civil
service in this country will be complete and permn-
nent until its chief magistrate il rnnstiutionalIy
disqualified for reelection, Experience has repeat.
edly exposed the fntty Of self-imposcd rcsircton-
hy candidates incumhcnts. Through this sol-
emnity only can he be enectualy delivered from his
greatest temptaton-to misuse the power and mai /.
ronage with which tho executive ir NECESSARILY
eba ed
The Osceola times., 1876-08-12
TIIDEN.

II VIII he seen, gentlemen; that am In entire ac-
cord with the platform Of the convention hy which
have been nominated As candidate for the office nf
vice president Of the United States, Permit me, In
conclusion TO express satisfaction At being asso-
cinted with a candidate for the presidency who Is
first among his equals as u representative Of the
spirit and of the achievements Of reform In his u-
cial career the executive Of the great state of New
York, he has, ina comparatively short period, re-
formed the public service, aud reduced the public
burden. So as 10 have earned at the gratitude
Of his state and tho admiration Of the country. The
people know him 70 he thoroughly In earnest. He
qualities which NJ him, in an eminent degree. foT
the great work of reformation which this country
now needs and II he shall I've chosen 10y the people
to the high office Of president Of the United States,
| believe that the day Of his Inauguration will be
the beginning ofa era Of peace purity and pros.
rerity In all departments Of our government. lam
Gentlemen, your olrdient servant.
THOMAS A. HENDRICKS.
To Hon. John A. M'Clernsnd chairman, and others
of the committee Of the national democratic con
yention.
The Osceola times., 1876-08-12
TUETIMEF FOR RESUMPTION

Tho proper time for resumption is the time when
wiso preparation shall have reigncd Into perfect
ability 90 accomplish the object with certainty aud
ease, that will inspire confidence and encourage a
revival Of business. The earlicst time in which
such result eau lie brought about is best. Even
when preparations shall have been maturcd the
exact date would have 10 be chosen with reference
TO the then existing state Of trade, and the credit
sheet Of operations in our country, the course of
foreign commerce, and the condition Of our OK
changes, with other nations.
The Osceola times., 1876-08-12
THE CONSEQUENCES.

The consequences of these errors are now present
public calamity, but they were never doubtful
never lnNlhhlei lhey were necessary and inevitable,
and were iorcsccn and depicted when the waves Of
thai hciitious prosperity ran highest in q speech
made 10y me on the twenty y-fourth day Of September
iaeo' ~ was said of these taxes that they bear
heaNlly hInn every mans income upon every in
dustry aud every business In the country, aud wear
hy year thcy are destined to press still mere heavily
unless we arrest the system that gives rise to them
" " was comparatively easy when values were doub-
Hing under repeated issues of legal tender PAPER
money, to pay out OF the growth Of our growing
and apparent wealth these taxes, bnt when values
roccde and SINK toward their natural scale the tax
gatherer takes from us not only our income not onl
,vlr profits, hml also nnIIinn ~ nnr cnriiaI
The Osceola times., 1876-08-12

The ofhcial statement made ON the twelfth Of MAY
shows that the amount Of bank notes was three hun-
dfcd millions, less twenty millions held by them
selves against the two hundred and eighty millions
Of notes the banks held one hundred aud fort y-onc
millions Of legal tender notes little more than
hity ter cent. Of their amount; but they also held
on dep SIT IN the federal treasury security for
these notes bonds Of the United States worth in
gold, about three hundred and sixty millions avail
able and current In all foreign money markets. In
rsuuiug, the banks even II IL were possible for all
heir,,notes to I've presented for payment would have
five hundred millions Of specie funds 10 pay two
hundred and eighty millions of notes without con-
tracting their loans TO their customers, calling ON
any private debtor for payment Susl ended banks
undertaking 10 resume, have been Obliged To collect
from needy borrowers means to redeem excessive is
sues and 10 provide reserves. vague idea of dis
tres II, therefore often ,ciated with the process
Of resumption, hut the conditions which caused dis
iress in those former instances, do not now exist
The government has only to make good its promises,
aud the banks can take care Of Themselves without
distressing anyhcly.
The Osceola times., 1876-08-12
REpuCTInN OF INrEREsT.

Of the public debt mine hundred and eighty Ave
million dollars hear interest at six per cent in gold
aud sixty millions Mt yo per cont in gold the
average interest s h.iS cont. 4 financial policy
that should secure the highest credit wis, ~ aNhed
Of ought gradually 10 obtain reduction u per
cent in the interest on most uf the loans. saving
of one per cent on the average would be- seventeen
million dollars year in gold That saving, resu.
larry invested At four aud half per cent, would
IN less han thirty eight years eNingui-h the prin
cpal. The whole seventeen hundred millions Of
Without cost "a tho rcopls
The Osceola times., 1876-08-12
SPECIFIC MEASURES.

The specific measures and val data are matters
conditions. They belong to the iomain Of practical
administrative statemansbip. The captain Of a
steamer about TO sail from New York TO liverpool
does not assemble counsel over his ocean chart
and Ak an angle hy which TO lash the rudder for a
whole voyage Human intelligence must he at the
helm TO discern the shifting forces Of the waters
and winds human hand must he at the helm to
feel the elements day by day. and guide to mastp-
~ over them such prepara tions are everything .
without them legislative command fixing a day -
an official promise fixing q day-are shans. They
trust them. They destroy all confidence among
thousltful men whose Judgment will at least sway
public opinion. An attempt to act on such q COM
mand-vithout preparation, would end In n nsw
suspension, II would hes fresh calamity. prolific
of con fusion, distru-t and distress.
The Osceola times., 1876-08-12
RESUMPTION MUST prGRApuAL.

The government uf the United States, In nay opin-
Ton, eau advance to resumption Of spec ic mcnH
on ITS lcgal-tender notes 10y gradual and sale pro-
cesses, tending TO relieve present business dis
tresses. If charged 10y the people with the admin
stthton OF the executive office, should deem u
duty ~ 10 exercise the powers with which 1t has
heeh or may he invested 10y congress Rs best and
soonest 10 conduct the couuty TO that benohcent
The Osceola times., 1876-08-12
RESERVES AND REDEMpTIoNs.

Public economies. official rctrenchmcnts and a
wise hnnnr" are the means which the st. Louis
convention indicates ~ the provision for reserves
and rrlemptions, The best resource is reduction
Ia oNrentes Of the government below is income for
that imposes NJ new charge on the people. H. how
ever, the inpToNidcnce and waste which have CON
ductcd us to period of falling revenues ohige Us to
supplement the results of economies and rctreGch.
ments by some resort to loans, We should not hest
tate. The government ought not 10 speculate on
its own dishonor in order to the interest Of It's
broken proms ;, which it still compells private
dealers to accept Mt u fictitious par. The highest
Aational honor Is not only right but would prove
profitable.
The Osceola times., 1876-08-12
THE PLATroGM ON RESUMPTION.

Tho st. Loui. platform denuunccs the failure for
eleven years L. make good the promise Of legal
tender notes II donounces the omission to accumu-
lat" ANY reserve ipt their redemption II drnuuuces
the conduct which, during eleven years Of peace,
has made M advance toward Tesumpti on no prepa-
ration Tor resumption. hut han uhstucted resump
ton, wasting all our resources aud "Nhaustng all
3ufsurpus income. aud. while protesting to intend
n asp'"db resumption II specie payments, has annu
ally enacted hindranccs thereto aud having hrst
denounced the barienncss Of promise of day of re-
sumption. " drronnccs that barren promi-.
htndranco to resumption. II then demands its re-
peal, aud alse demand. the establishment of Judi
cipus system Of preparation Of rssnmpt II cun-
not bc doubted HAT the substitution " syttem Of
preparation would hc tli" gain OF the substance Of
resumption In exchange for its shadow
The Osceola times., 1876-08-12
TAXATION,

The burdens Of the people must also he lightenod
10y change in our system Of public expenses. The
prUnigatc expenditures which increased taxation
rom hNe dollars per capita in ls60 to eighteen dol
lars In ls7n tells its own story Of need Of fiscal
reform. Our treaties with foreign powers should
also bc revised and amended in far they leave
citizens OF foreign birth in any particular less
IN any country on earth than they would be II they
Ind Icon horn nnn nnr snil
The Osceola times., 1876-08-12
PREPAR RATION.

The st. Louis convention concludes lis expires
sions IN regard to the currency by declaration Of
Us convictions AS the practical results of the sys
We helisNe such system, we'll devised, and, above
All, instrusted to competent hands for execution,
creating at no time artificial scarcity OF
cy, and at no time alarming the public mind 10 the
withdrawal of that Nastcr machine of credit by
which ninety five per cent. of all our business
transactions are performed" system open to the
pulic and inspiring general confidence from the day
OF its adoption will bring healing its wing TO all
our harrassed industries, set in motion the wheels
OF commerce, manufactures. and mechanic arts, re-
store employ ment to labor, and renew in ali its
nlmAl Insa lLn . MI ilin i...nla
The Osceola times., 1876-08-12
TIE kENENuES.

The revenues are falling faster than appropria-
uons aud expenditures are reduced, leaving the
treasury with diminishing resources. The secretary
has douc nothing under his power to issue bonds,
the legislative command the Official, promises fN-
inr day for ro-umpti.n have been made, aud there
has been no progress there have been steps tack
ward there l. no nectumacy in th" operations Of
the government, the hOmely maNimH Of every day
lite are the best standards Of its conduct The
debtor who should promise to pay loan out Of his
surplus income, yet he seen every day spending al
he could lay hi hsnds On in riutpus living. would
lose all character Tor honesty and Lsracity. His
ul"r ut new promise, or his profession to the
value of the old promise, would alike provoke de-
The Osceola times., 1876-08-12
THE PLATOON ENDORSED

II would have been impossible for me 10 accept the
nomination If could not heartily indorse the plat
orm Of the convention; | am gratifed, therefore.
lie able, uneluivocally. 10 declare that agree ia
he rrircies approve the policies. and sympath hize
with the purposes enunciated in that platform. The
institutions Of our country have been solely tried by
The Osceola times., 1876-08-12
REFORM.

The necessity OF reform In the scale Of public ex-
pcnsc, federal, state and municipal aud the modes
ul eheihl taxation Justihes all the prominence given
to II In the declaration of the ST. Ioui. eonyention
The present depression in all the business and indus
tries of the people which is depriving labor Of its
employment aud carrying want into 80 many homes,
mas us principal causes in excessive governmental
consumption under the illusion Of a spccious pros
l"rty, engcndered by false policies Of federal GOV
eminent waste Of capital has been going on ever
since the peace of s65 which could only end in uni
ycrsll dlsl.lnr
The Osceola times., 1876-08-12
RADICAL RESUMPTION.

The act of congress Of July, 1873 provided that
and after the FIRST Of Janury, 1879 the secretary of
the treasury shall redeem In coin the legal tender
notes Of the United states on presentation AZ tho
Once Of the assistant treasurer, in the city of New
Notk. IL authorizes the secretary 90 prepare and
provide for such resumption OF specie payments BY
The Of any surplus revenues not otherwise ap-
prorraed and by Issuing. in his discretion classes
Of bonds. More than one and half Of the four
wears have passed Congress and the president
have continued ever since 60 unite in act which
have slated out Of existence every possible sur
plus applicable % this purpose. The coin In he
treasury claimed 70 belong 10 the e yernment had.
on the thirtieth OF June fallen to less than sia.o,
fs against saa,fHs0a on the fret of July s7s, and
the ay aiahity Of part Of that sum is said 10 he
ouestio nable,
The Osceola times., 1876-08-12
FEDERAL TAXES.

The federal taxes Of the last eleven years reach the
gigantic sum Of iorty-6ye hundred millions; local
The vast aggregate is not less than seventy-6ye bun
drei millions. This enormous taxation followed a
dyil conflict that had greatly impaired our aggre-
gate wealth aud had made prompt reduction OF cx-
penses indiSpensable " -
The Osceola times., 1876-08-12
.OuR INDUSTRIES.

with the industries Of the people there have been
frequent intertcrenccs. Our platform truly says that
many industries have been Impoverished to snhsi-
die y few our commerce has been derangod 10 an
inferior position on the high seas. manufactures
have been diminished, agriculture has been emhar-
rasse and the dostncs Of the industrial classes de-
mAnd that thrsc things shall be rcformed.
The Osceola times., 1876-08-12
RADICAL EXACTIONs.

do not wish TO exaggcratc or alarm. I simply
say ine We cannot afford the costly and ruinous po-
icy "i the radical majority in congress We cannot
Afford that policy toward the south We cannot ni.
iord tse magnificent and oppressive ceutralism into
which our government is being converted We
'ahh"l AFFORD the present magnificent scale Of taxa
'"n, 10 The secretary Of the treasury said carly
III l'h5' There Is no royal road for government
more than an individual or corporation; what YOU
want To do now, is to cut down your expenses and
wv , Nlihil your income would give all ledger
The Osceola times., 1876-08-12
THE PLATFORM.

The convention, before making its nomination
adopted declaration of principles which as whole
seems 10 me wise exposition of the necessities Of
our country, and Of the reforms needed ia bring
back our government To its proper functions tn
restore purity of administration and To renew the
prosperity OF the people But some oi these reforms
are ~ urgent that they claim more than passing
approval.
The Osceola times., 1876-08-12
Governor Tilden and Governor Hen.
dricks Formally Announce their
Acceptance of the Demo
cratic Nominations.
They are in Complete Harmony on all
the Great and Leading Questions
of the Day, and Indorse the
st. Louis Platform.
Every Question at Present Affecting
the Public and Private Interests
of the People Dealt with
Openly and Effectively.

The following is the full text OF Gov. :iden's T.
ter ol acceptance OF the nomination of the demo-
cratic party for president Of the United States:
ALBANY, July 81, 1876
'ENTLEMEs-When had the honor to receive
The personal delivery Of your letter behalf Of the
Democratic national convention, held June 2sth at
81 Louis, advising me of my nomination ~ the can
uldae ol the constituency represented by that body
Tor the office Of president of the United States
answered that at my earliest convenience and in
conformity with usage, would prepare and trans
NIT Ia you formal acceptance | now avail myself
Of the first interval In unavoidable occupations TO
fulfill that engagement.
The Osceola times., 1876-08-12
THE GOVERNMENT THE ONLY DELIN-
QuENT.

he government Is, therefore, the sole delinquent
The amount of legal tender notes of the United
States now outstanding is les than $3.50 $4,000 be-
sides s3i 0000o0 Of fractional currency. How shall
the government make these notes at all times par
with reference To the mass which would be- kept in
u-o hy the wants Of business \ central reservoir
oi coin, adequate to the adjustment Of temporary
fluctuations Of International balances, and guar
anty against drains arti6cialy created by panic or
speculation. II also has 10 provide for the payment
in coin Of such fractional currency as may be pre-
-rnted for redemption and such inconsidcrable por-
tons of legal tenders as individuals may from time
TO time desire To convert for special use in order
to lay 10y In C IN their little stores Of money
The Osceola times., 1876-08-12
SIIAl Ms.

8rhe public mind will no longer accept shnms 1t
has suffered enough from illusions, An insiucoro
policy increases dstrust an unstable policy in
oreaser uncertainty The people need To know that
the government IN moving In the direction of ulti-
mate safety and prosperity. and that II il doing
through prudent safe aud conservative methods,
which Will be sure to inilict sacrifice On the
business OF the country. Then inspiration of
hopes and Ncll-founded confidence will hasten the
restoring processes Of nature and y. ospcrity will
begin 10 return
The Osceola times., 1876-08-12
EFrEcTs oF CURRENCY MIsMANAGEMENr

IL has been greatly aggravated by the mismanngc-
ment OF the currency. Uncertainty is the prolific
parent Of mischoi- in all business. Never its
evils pore felt than now, Men do nothing because
they afc unable to make any calculations on which
they can .afely rely They undertake nothing be-
cause they fear loss in everything they would at
tempt. They stop aud wait The merchant dares
not buy Tor the future consumption Of his custo-
mrts. The manufacturer dares not make fabrics
which may not refund hts outlay, lie shnts up his
factory, aud discharges his workmcn. Capitalists
cannot lend on security they consider safe. and
their und- lie almost without interest. Men n en-
teiprse. who have credit securities to pledge will
not borrow; ConsumptioL has fallen helow the
natural limits Of reasonable economy the priccs
Of many things are under their range Ia the frugal
specie payment times before the civil war; vast
mass of the currency Of the United States lie in
Tie banks unused n year and u halt ago legal
tenders were at their largest volume, and twelve
millions since retired have been replaced by fresh
Issues oi hitcen millions of bank notes. In the
mean time, the banks gave boeu surrcnderinR about
hut mi lions month, becaus. they cannot find a
rfohtable usc for 10 many of their notes.
The Osceola times., 1876-08-12
TUE COOLIE SYSTEM.

The iniluitous cnolie system which, through the
agency OF wealthy companies, imports Chinese
hondmen, aud establishes a species Of slavery aud
nterferv with the lust rewards Of labor on our Pa
cihc coast, should be utterly abolished.
The Osceola times., 1876-08-12
lMPRONIDENCE.

Nor Is denunciation unmerited of that impruvl-
dencc which IN eleven years since the peace has
consumed four thousand hye hundred millions uf
dollars. aud yet could not afford to give the people
sound aud stable currency. Two and half psr
cent. on the expenditures OF these eleven years,
oven less would have provided all the coin neodful
10 resumption The distress now ielt by the people
IN all their business and industries has its principal
cause III the enormous waste OF capital ucCasioned
by the false policies of our government.