The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1876-03-03
National Convention.

Democratic National (onNeDtion.
The Democratic National Committee
met M Washington CITY ON the 80 I. aud
II was decided 10 hold the National
\ Democratic Convention al ST. LOUIS. ga
Tuesday June oT,h There was full
Attendance, and the selection OF ~. Louis
is iavonhly received throughout the
whole country.
- Governor Hendricks delivered the
opening address OF the Southern States
Exposition al New Orleans on last sat
urlaN, loa very large audience. The
address Is IN the Governors hes; style
deals almost exclusively in topics sug-
geslea by the industries there di~ph, c.i
land was extremely well received.
Ills trip on the way there. and reception
was continued ovation. His remarks
ON the finances are fairly epitonized In
The following extract though OF course
ii was fully elaboratcd:
What our financial condition specially
requires. is not merely increase of pro-
ducrion, bui, what is equally important.
n reliable demand Cotton and tobacco
meet these two requirements. They
are not produced in Europe, and sup
pose il j. very satisfactorily established
that American cotton, in greatly i'm
creased quantities. can hold It's position
in the markets Of the world, notwith-
standing the large additions TO the
European supply, which are now drawn
from Egypt. Asia and South America.
And now | come Ia questions of the
highest importance 10 every tax paving
community i'm the United States: how
can you add, and how much to the
wealth of the country by All increased
production Of articles Of export? That
is the first question. The second is this ::
how, and how far can YOU prevent the
loss of national wealth by increasing
your production OF articles which we
now largely import? / am glad to
think that this exposition is intended
as an honest and thorough effort towards
the solution of these questions. In
crease o' production and Improvement
in quality are your objects. aud the i'm
creased production of your staples. will
add TO our exports, and diminish inn
ports. Every bale OF cotton and hogs
head OF tobacco laid upon the wharves
OF Liverpool and Ilavre add to our sup
ply Of gold, for they command the gold
at once aud every pound of rice and of
sugar, and every gallon Of molasses pro-
duced here in the state of Louisiana
saves us from importing so much, ana
thus retains the gold in the country.
Now, your Exposition is particularly
meant to bring about increased pro-
ductiOn OF these staples, cotton, rice,
sugar and tobacco. Ii contemplstes i'm
proved implements the adoption Of the
best means TO strengthen and stimulate
your lands the establishment OF har-
mony between capital and labor. and the
bringing of a larger area under tho plow
1t is surely not ABSURD to think that you
may increase the production OF your sta
pies by say twenty per cent. Ii 50. aud
it YOU thus annually add fifty million
dollars TO our supply Of gold; and if a
rigid economy be introduced and OBJ
served. so as TO reduce our national ex-
pendilures forty or fifty millions more.
our financial questions viii be solved
Gold and silver will accumulate, the
difference ia commercial value between
them and our paper currency will rapid
ly decrease. and with a stable currency
commercial confidence. aud confidence
la useful enterprises will be restored
1t is our duty and our safety TO give
proper heed To the opinions OF men OF
e experience in financial and commercia
matters, but the widest tieorist would
hardly ask us TO base our hopes of a re-
turn 10 specie payments on compli-
Gated and ingenious plan of borrowing
gold. That would be sure to disappoint
as, and would very probably lead us in
TO still more serious perplexities. can
not avoid the conviction that pcrma-
nent improvement in our financial con-
'liton requires closereconomy, especi-
ally ia public expenditures, aud an in
crease OF our valuable exports: and
your relation to this subject is OF the
highest importance because of the great
value OF your staples and the constant
demand for them in the markets or the
world This | do believe is coming 10
be understood and properly appreciated
by the people of the North. The hard
times following the panic have made
them feel that you and they have an in
terest and welfare in common. Aud
in any just cause involving your pros
perity you will find reliable support
As well in the self interest as in the just
ice OF the North