Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1876-09-20

vadas waiting for the miners pick ia
guarantee that the debt shall be
paid and every good man, and every
good woman, every babe in the era
die. and all the boys and girls bend
ing over their books at school. and
every chap who is going to vote the
republican ticket, is n guarantee thai
the debt shall be paid.
Why, don't you see, il keeps com
ing, it keeps coming-[as telegram
was handed to him II have been in
that country. have been talking to
this people.
1--WE hayc triumphed by an immense
majority, carrying every Congress-
ional District and every county in our
State, something We have not achicy-
ell since 1861"
1.-THE audience then gave three
ronsing cheers and tiger for James
G. Blaine, by whom the dispatch was
signed.
And this dispatch is signed by thai
man who clutchcd the Confederate
Congress by the throat and held them
until their foreheads became az black
as their records and until their
tongues spoke out like flags of truce.
This is signed by James G. Blaine.
Now, then, the question is who is
most apt to fulfill this national debt.
the party who made 1t and sWore ii
was constitutional and legal, or the
party that sworc il was not constitu-
tional? Every time a democrat or a
rebel secs q gFeenbsck it says to him,
~ am ono of tho host that vanquish-
cd you;" and every time a Fepubli-
can secs a grecnhack 1t says to him,
"Y0u and put the rebellion down."
Now, then, there is gentleman of
the name Of Tildcn, who has written
an essay upon finance. Some people
call 1t q letter of acceptance. Let me
say that under the circumstances /
don't think it proper to say anything
lof Mr.. Tildcn personally. lie is un-
der the shadow, as i understand it,
of q great grief and sorrow; his
brother has recently died, and shall
only speak of his political action.
With Samuel j. Tildcn as a man, l
sincerely synpathize, with Samuel
j. Tilden as q politician I do not.
Now, we have been told in this ESSAY
that one of the great personalities of
paying this debt Is having time fix
cd when to pay it. | have never ia
ken any notes that recolleot of that
there was not something said in the
note about when it was to be paid
and ! had always supposed that ii
was an exceedingly important part of
the note that there be at least an in
direct allusion to some age or epoch
at which the maker thereof proposed
to liqnidate the aforesaid note. But
find all this time have been mis-
taken, and that nothing in the world
will prevent 1t being paid so quick az
to have the date fixed when it is to be
paid. Tildcn says that the reason of
this is that you cannot pay note
without wise preparation, and a wise
system of preparation, and to have a
date fixed plays the very devil with a
wise preparation. lie also tells us
that il is necessary to have a central
reservoir OF coin, and that if you fix
the date the reservoir is an impossi-
bility. He also tells us that you must
approach this thing by slow and
gradual process, and that if you have
a day fixed you1 cannot make your
process gradual enough. Now, let
me read what he says: allow shall
the Government make these notes
[greenbacksl at all times as good as
specie?'' Well, in my humble view,
had supposed the way to do that
was to be ready to redeem. l had,
really. Tildcn says:
at has to provide in reference to
the mass which would be kept i'm use
| by the wants of business a central
reservoir of coin, adequate to the adj
justment of the temporary fuctua-
tions Of the International balanco.Y
| would like to say to the gentle
man who gave me note, want the
date. and will tell you why, ~ have
to provide, sir, in reference TO the
mass which would be kept in use by
the wants of business, a central res
ervoir of coin, adequate to the adjust
ment of the temporary fluctuations
Of the international balance" But
| Mr.. Tilden did not entirely disgorge
his mind on this subject, so he says
"-as a guaranty against transient
drains, artificially created by panic
or speculation. 1t has also to pro-
vide for the payment in coin of such
fractional currency as may be pre-
scntcd for redemption, and such in
considerable portion of legal tenders
as individuals may from time to time
desire to convert for special use, or
in order to lay by in coin their little
store of money. If wisely planned
and discreetly pursued, it ought not
to cost any sacrifice to the business Of
the country. 1t should tend, on the
contrary, to the revival of hope and
confidence.
"The proper time for resumption is
the time when wise preparation shall
have ripened into perfect ability to
accomplish the object with certain
ty and ease that will inspire conf
dence and encourage the revival Of
business. The earliest time in which
such a result can be brought about is
best"
And then he tells you how TO do il.
"Thc specific measure and actual
date are matters of details having
reference to ever-changing condi-
tions.v Sill 80
That is what tell the fellow about
paying my note.
"1'hey belong to the domain Of
practical, administrative statesman
ship. Tho Captain Of a steamer,
about starting from New York to
Liverpool, does not assemble a coun-
Gil over his ocean craft, and fix an an
gle by which to lash the ruddcr for
the whole voyage"
Mr.. Tildcn then speaks about go
ing to Liverpool. "a human imtcili-
gcncc must be to the helm to discern
the shifting forces of water and