The New York herald., 1878-09-11

FANEUIL HALL-THE FINANCE QUESTION
DISCUSSED AND aREENBAcK HEREsIEs Ex-
POSED.
[BY TELEGRAPH TO THE HERALD
BosToN Sept 10, 1878.
Tho audience that assembled in Faneuil Hall to-
night to hear James A. Garfield discuss tho "Po-
htical Issues of the Day." not as large. but
It good deal moro refined, cultured and intel
lcctual than those which have greeted Kcarney and
other agitators whose voices have rcsounded In the
''oId cradlc'' during the present exciting cam
oaign. AT quarter before eight O'Clock Gen.
cra Garfield appeared tho platform and
greeted with hearty applause. Tho floor was by
this time well filed, while the galleries, which had
been reserved for ladies and escorts, preson
IN animated scene On the platform were
Lieutenant Governor knight, ox-Governor Tai
bot, Collector Beard, Senator Hoar, Adam
Thaycr, Of Worcester, General John l..
Swift, Wabridge A. Field, membor OF Congress for the
Third district, with the committee OF young rcpub-
hcans VINO had charge Of the proceedings.
The size OF the meeting and the character
Of the men present prove conclusively that
the errors committed Maine will not
be repeated in Massachusetts, If the leaders know
what they about Mr.. r. NJ. Thompson who pre-
sided at The Worcester Convention, acted chairman
and opened the meeting with brie speech OF apology
LOT MI GuTueiu, VINO. 10 Salu, was latSueQ aIter u
long campaign in Maine.
GENERAL GARFIELD's SPEECH
When General Garfield stepped to tho rostrum he was
received with threo cheers, the band playing very
lively selection; he said
FELLOW CITIzEys-Your chairman has said that am
10 speak on the political issues OF tho day. What
the political issues? They cannot bo
by tho leaders OF political parties, and the real
ones cannot be evaded by political parties. Real
political issues declare themselves and come out OF
m fpApp md ynlo
nations growth and development. and the man
who tries 10 create these issucs without understand
Inc question before the country Is that OF finance.
IT, II paramount to all other issues Finance is IN
the foreground. II looks back to the war
as. as well, well US forward TO the condition o, OF
summed up In one sentence. While the nation
went out to tho homes Of the people for
Tor taxes and contributions to support and
sustain tho war. Rich and poor alike responded
hrd the naton is as grateful TO those who gave Of
TIER means, almost, as TO those who gave their
bi1d. (Applause.) Mr. Garfield hero quoted Lin.
roIn's language about the people who took up tho
guided the nations destiny came suddcnly 20 tho
point where more monoy was needed than they could
raise, and II was decidod TO forte loan. Tnis
an unprecedented siep but IL was u necessary one.
They made the bills a legal tender by act OF Con-
In 1862, there were not ten men IN the
country who did not believe that the
II
roin at the win OF The holder that the opinion
or 3l000,000 OF American people, and wnatever
about Within the last sixteen years. The nation un-
dcrstood the danger OF this STOP and limit was placed
on the volume OF the ISSUE 50 thai at no trnc would
exceed S4c0 o00 0o0 with $50, 600 additional for
'iulhlIng temporary obligations This was not all.
They firmly anchored themselves coin, with u
provision that OF all recovcd in coin
per should te aside for tho redemption the
greenback.
now TO PAY THE DEBT
her tne n Pat n
zed was In danger OF being exhausted by the drains Of
he war on our resources, the wisdom Of Chase
banks. Now let mo pause here, said Mr.
Garleld, to allude to expression that prevails In
people want currency adapteo to tho wants OF
iradc. ask any man 10 toll me what the wants
st trade are, These things are resniStea BY
cannot regulate them They adjust themselves IN
perfect harmony and ease. Our currency Will adjust
itself to the 81 100 600 900 OF export trade that wc
have Alter ailuding to the business depression,
which, he said, recurs every twenty years, he said
legislation could not remedy H. What tho govern
ment ought to do was to got out Of tho
way. General Garfield then gave the details
Of Of the the progress Of tho debt re rsduc.i.E: aIa.
In circulation Is promise to pay. We arc
bound In honor TO pay, aud hence we must re-
the country with strong opposition. Those who COM
bat the resumption OF specie payments claim 10 have
shcro ought to be vauo behind paper currency;
that tho nation create money by law; that, tho
Creator said, Le, there be light aed .here was Light
pIause) rhcse men want $s24 oOo, 900 more green
backs, such US we have now THIS Is the demand Of
the democratic party Of Ohio Indiana. Applause
and nisses) Il Is also the demand OF nearly every
PAPER MONEY NOT MONEY.
General Garfield then proceeded to define tho duties
OF Congress as aid down In the constitution. Among
these were The regulation OF weights and measures
and the coinage OF money. He argued that.
as Congress could not change or regulate ex
could not regulate the measure OF value. II you
estabiish as the measure OF value thing which has
has no length, or as measure OF weight thing which
has no weight2 Paper money Is not money, he
said, but only q deed for money, just us the
tarmer's deed TO has farm not land Supposing
that the farmers OF Massachusetts should say that
they needed land, and the General Court should
pass Law altering every tito decd SO that IL should
read double as large, would that increase the area
Of their acrcs2 when you enlarge your iarm
BY raising tho 6gures ON your decd; whom you
can increase the quantity Of butter aud choose by
watering The milk; when you can increase tho
quantity Of cloth by decreasing tho length OF the
yardstick then you can increase tho value of your
money by decreasing your standard. loud applause
aud cheerne Mt Garfield argued thai tho resumption
.oi specie payments would benefit the laboror moro
than the capitalist, ior currency that goes up and
down strikes the hborer both ways. Alter low allu
closed alter delivering Of sho most lucid political
speeches over heard In Fanueil Hall.
SECRETARY M'cnARY's VIEWS PEACE STILL
DEsrHED--DEMocRATIo ECONOMY A SHAM
SOUTHERN WAR cLAlMs-THE NATIONAL FL
NANcEs.
KsoKUK, Iowa. Sept 10, 1878.
The Secretary Of War received with tumultuous
applause, and spoke substantially as foliows:He
ccped with great pleasure, he said the Invitation Of
tho Republican state Central Comm ittee 10 address
his Old neighbors on the political issues OF tho day.
Ho defined his owu position, principles and convc-
tons aud did not assume upon all points to speak
sntiments OF all republicans Free men, irso
thought, FREQ soil aud FREQ speech have bcen among
the grandcst rayng cries OF the party from the bo
ginning; and TO this day motto Is .ln essentials
unity; IN non-esscntials, liberty; In all things,
charity" Ho would mako no boast OF tho grand
record Of tho republican party In the past IL eau
no longer stand on that. With a party
as with man character 10 an ali-im portant
hing The republican party must nos only
point backward with pride, but forward with promise
and hopo but before II can be fully trusted It's patri