Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1877-09-06

the second one. | never get my pay. The
debt is not paid. The debt Is a promise to
pay dollars. That bill don't say This Is
Ave dollars. but The United States prom
ise to pay Ave dollars what Is its value?
Not that paper; something behind that
paper. This paper Is only worth or
cents q pound. Its promise is the value.
believe that sometime that Is to be kept.
Whenever you don't think that Is to be
kept. what will that be wotth? (Ap-
piausc.)
CONFEDERATE CURRENCY.
4 have another blil here. that | think the
printing 10 little handsouier; the paper
weighs Just as much. This (the United
States note) Is for s3 this Ca Confederate
motel is for o20. So, on the theory Of the
democratic party OF Ohio, that Is more val
liable than the other. This reads The
Uoited States oil America promise TO pay
i've doliai = and this reads, The Confed-
crate Stats OF America"-(Laughter aud
cheefing.) Now picked upa paper the
other day. and found that our innation
friends OF Ohio had had very distinguished
ally, who has recently Joined their forces;
IL would be diseourteous In this returning
season OF reconciliation aud peace. for me
to refer 10 the career OF Jefferson Davis,
OF Mississippi, but In recent address, at
an agricultural fair Ia Missouri, Mr.. Davis
says that this country wants more curren-
cy Gentlemeu, he tried his hand at more
currency few years ago, aud that Is what
Is produced, (holding up $40 blu
Uaughter)
But my friend says to me there Is no
danger that this Government viii ever re-
pudiate. Now. ! want TO talk seriously to
x,,n ahn haf fnr nnmnnt When
printed the FIR st greenbacks, we passed
solemn law that never. under any circum-
stances, would we print more than fonr
hundred million of dollars. That law has
been re-enacted In subsequent legislation
two times, so that Il has been thrice the
solemn declaration Of this Government 10
every man who has received greenback,
10 every man who holds IL, that under no
circumstances, will 1t print more than four
hundred millions OF dollars OF them. 10
prlnt one dollar more. we must stand be-
fore the civilized world as guilty OF lie
II wanted to make boy thiei, 1
would begin by teaching him to steal
dune; when had deadeDed his conscience
and deadened his fear. should have made
my boy a thief beyond peradventurc. IL !
would make him 3 liar. l would teach him
TO tell little lies. IL l would deaden the
conscience OF this nation. | would induce
IL. as the democratic infationists OF Ohio
are now trying to do,to tear from the stat
ute book the solemn pledge Of the nation
and write ''lie." (Applsuse.l The first
drop that comes through the dam tests Its
strength; tue first drop IL followed by the
second the second by the third, until
trick kliug stream dnds Its way through, and
then la one short hour the barriers burst,
the food rushes forth. and the valley land
below Is inundated aud devastated forever. e.
DIVERGENT PATHS
SO Il Is With you. men OF Ohio, to-day.
Ycu are standing At the place where Two
roads part. Business may be dull. indus
may be stagpant. hut you are standing
where one party that appeals 10 the hun
ger Of the men out OF worssf the growl OF
the specuiators, to the al cn, OF the gam
bler, 10 the spirit thapers. ''o and drown
ipy meg bids d. thls once br" straw. and
with slren - only white tie onIy brrak
vnnr ns,is other side stands, >ai II lifrIr
to.mol nv liberty, whea IS al o. That you
tell. u stood by ,nplau the party
that stood coysalng; e'u9 70 n R.sty cost
something N.Y. to-tt,sbuilds ut 'hty. when
hyalty cost Nv. and drives away Csc Aud
that party appea. -,....- ,, njudice.
Il recognizes that It Is our word and 1t says
resolutely BY the memory OF the great
Wise One; by the hag that waved over Us,
on many n battle won by all that we gave
aud suffered to keep this Union free In its
day of peril. we swear that we will keep
the nation honest. Loud applause.
CONTINENTAL CURRENCY.
History may repeat itself They ask , ou
TO infAte. to-day. One hundred years ago.
thirteen feeble colonies were struggling on
this continent for the liberty OF the nation.
They borrowed little gold from Spain
1t Was but little they could borrow. They
borrowed little gold from France; 1t was
but little they could borrow. They could
not levy taxes because the British soldier
occupied every strategic point on the coast
and 30 they devised the father Of the green
back: the old Continental note; and they
set the printing presses going, and printed
the first year. ten millions Of dollars OF
them, and the next year they printed more.
and the next year still more, until when
the war closed. there were three hundred
millions OF dollars OF these Continental
notes la circulation. They then were
brought face 10 fa':e with the very question
that you are confronting tonight; and,
after careful thought, they decided that,
for at least one year longer because times
were hard. they would print more Contin-
entail notes, the greenback dollars OF the
revolution. They printed them. l hold
one la my hand. Let me read its languag.
to you, tonight. IL is stronger. even than
the greenback. "The United States" do
you recognize the name Of the United
StstesS This bill entities the bearer 10
receive five Spanish mill dollars" | read
Its exact words: .'or the value thereof In
gold and silver" still read from the
bill: According to q resolution by Con-
gress, Sept. 26, l77S." That money was
paid TO your grandfathers. who fought the
battles of the Revolution. II was the
price OF the birth of the nation, as mucn AS
that bill was the price OF its continued ex-
istence. And that money has never been
paid. not one dollar OF il, your government
and mine has repudiated, when the test
hour came, the people said, We will initiate
rather than pay.
ISFLAlIoN Is REPUTATION.
And so to-day charge you by the men,
ory and the experience OF the past, that
imitation to-day means repudia tion tO-mor-
row. tAppiauss.) Think OF it. There is
q e5 gold piece, there 10 the Rreenback
worth eighty cents less than gold; there is
the Continental note which bears the
words: Five Spanish mill dollars. or
the value thereof In gold and silver" on lis
face, and it is worth absolutely nothing.
THE DUTCH REPUBLIC.
call but one more witness TO the stand.
There WAS republic ia Europe. with the
story Of which many Of you Germans here
tO-nigh. are familiar. You remember the
old Dutch Republic founded by William
the Silent. 30 strong that once she dictated
to Europe; so strong that her neets swept
the continent. The very name Of the ma
tions Is all that remains, and the Dutch Re-
public is = thing Of the past. There is a
3 gulden piece coined more than $50
years ago. The very nation whose i'm
print 1t bears lives only In song and story,
and yet that piece Will buy el.35 in Ameri-
can silver money tonight; l.35 will bring
el - 10 greenback fractional money.
That money, the silver coin Of . dead re-
public Is worth more in dollars and cents
tonight than the paper promise Of q living
republic. (Applause.) One 10 promise
made; the other Is promise kept. ZAP
plause. 5A A.. ..
WHY TRADE u PARALYzED.