The Highland weekly news. [volume] (Hillsborough [Hillsboro], Highland County, Ohio) 1853-1886, 1877-09-20
Judge West.
How He Strips a HypOCTite
and Holds Him Up by the
Ears.
Gentleman George AFOUseS
the Logan County Black
smith.

the Logan County Black
smith.
rspeech at 8Iarietta.I
/ A gentleman who stood in the
city of Columbus on Thursday night
last, and declared that his heart
was touched to the quick by the suf-
fering and the sorrow and the calam-
tiles of unfortunate industry
a gentleman whose head became a
fountain of tears, whose sympathies
have been aroused and excited for
the unfortunate of his country in all
seasons and all times past-our ex-
cellent friend and neighbor, Mr.
Pendleton, when the war was pro
crossing, when finances were essen
tial to carry on the war, denounced
these very measures Of the Govern
ment as unconstitutional, denounced
the currency of the country uncon-
stitutional, and discouraged its re-
ception by our industrial classes
those who had prodUctsto dispose
of which were essential to the main-
tenance Of the army in the field. Mr..
Pendleton stood in his place in Con
gress, and denounced the only curren-
cy that the Government had, or could
have, as going forth with the mark of
Cain upon its brOw-a fugitive and
a vagabond in the country. It de-
preciatd in value "Why," he said. |
'it should never have been issued in |
violation of fundamental law. Nv
fellow citizens, what could the ma
ton do? The gold which it had
had been swept away in the purchase
Of the first implements of war, in for
eign countries, necessary to our de-
fense. We had no gold with which .
to pay our soldiers. Unclad and un-
fed soldiers win no victories. Mr..
Pendleton knew we had no gold or
silver with which to pay them. He
knew that the only means that the
Government had within its power to
pay this debt was the issuing Of its
due bills-the power to obtain SUD
plies for the army upon Government
credit. He discouraged the issue,
and opposed the financial policy of
the Government then as he opposes
the financial policy now. The re-
suit was it deprecated. Prices
went up, and money went down.
One paper dollar became worth only
thirty-fve cents in gold. Three
dollars were paid for bushel of
wheat. Fabulous prices were paid
for cattle, beef and other farm
products, and for merchandise.
The result was that at the close of
the war, imitation in currency had
reached to an extent three times
that of the extent of the natural and /
normal condition of state of peace.
1t was brought about by the hOstii- |
ty and opposition of those who are /
now arrayed in hostility and opposi- /
ton to the Government
When the war closed it was utter /
ly impossible that prices could re-
main threefOld greater than upon an
ordinary peace establishment. They |
began to decline, and continued /
gradually declining and shrinking
until we reached a point within ten .
or fifteen per cent. of a gold or a |
standard basis. Nothing interposed |
to bring about that state of things, |
and the law Of supply and demand !
naturally brought industry to seek
new channels. The supply having
become greater than the demand, |
prices shrank correspOndingly until |
finally the crash came. Now we are
experiencing the consequences.
Could it have been avoided? Has
the history of mankind furnished in :
stances where it was avoided, or
could have been avoided? I say to
you, my fellow citizens, that there is
no record in the annals of time ofan
instance of protracted and destruet-
i've war that has not resulted to its
country in the consequences we now
experience. 1 appel to history to
verify what I say.
Who is this Mr.. Pendleton? A
gentleman who sits in his palatial
residence millionaire of Clifton,
whose ample fortune sustains him,
even above Solomon in all his glory.
The lilies Of the valley, though they
toll not, nor spin, are not arrayed
like unto him. A millionaire-it
may be with his investments in land; /
it may be in stock; it may be in
houses. I care not what its form.
He is the owner of au ample and
magnificent fortune. For seven
long years he has been pleading the
cause Of suffering industry.
Now he has told US that his heart
is touched to the quick by the an
guish and suffering of his industrial
countrymen. Yet in that seven
long years, with his ample landed
fortune, while a hundred million dol
lars have been lying idle in our Y
eastern cities, Mr.. PendletOn has {
made no effort to secure an invest I
ment by which to alleviate the an
guish and suffering of his industrial
cOuntrymen. He could have secur-
ed a handsome amount of this idle /
capital, which has been waiting in c
vestment, by laying a mortgage upon
his palatial establishment at Clifton
and have invested it in some indus Y
trial enterprise alone the margin of T
your great river, at Portsmouth,
Ironton, POmeroy, OF in your own
city here, if he had seen proper.
Yet in all that seven long years, with a
all his great fortune, he has ex-
pended his time, his talent and his n
in denunciation of 9th l.
er men for embarking in any indus. v
trial pursuits to employ our labor, S
while be himself has failed to in ]
vest a dollar in such pursuits. Zap 4
plause.
ooh VOC II 10 Of1,or y,,or, yv-o y,-oy,t u