Ottumwa weekly courier., 1878-07-17

Groesbeck from Ohio, and he Is Ia
favor of bimetallic standard.
Mr.. Hayes has not betrayed the Sil.
yer Bill, but the betrayal is Aliison's..
He has betrayed the republican darty,
ana he has betrayed the public senti-
ment which demanded free coinage
and unlimited siIvcr!! 1t is not Hayes
has betrayed you, but it is Allison
has betrayed you, and he throws dust
in your ewes, Allison himself being
the judge.
You know US greenbackers are
charged with being lunatics, well, we
will see how it is. / will show you
Sherman's last fiaancial report. lie
speaks in relation to the Silver Bill.
You know he is = great fellow to re-
deem in gold. And he has more
trouble about the redemption in gold
than he does about the redemption of
his soul Here il what he says:
''He believes in exchanging 1t for
u. s. notes, coined from bullion pur.
chased in the market by the U. 81 and
maintaining it by redemption. or
otherwise, at par with gold coin, 1t
could be made legal tender for such
sums and on such contracts as would
secure for it the most ganeral circula-
tion. 1t could be easily redeemed in
U. s. notes and gold coin, and only
issued when demanded by public
convenience. If the essential quality
OF redeemability given to Y. 8 notes,
bank-bills, tokens, fractional coins,
and currency maintains them at par
how much easier it would be to main
tain the silver dollar, of intrinsic
value, nearly equal with gold, at par
with gold coin, by giving to it the like
quality of redeemability." And yet
that man wants silver redcemable in
coin, and that coin redeemabie In cur
rency, and that currency payable in
gold!!!
haye in my hands here the inter-
view of Mr.. Sherman before the I'll,
nance Committee of tho House. On
cage 8, of this report he says. II
have not changed my mind about the
Silver Bill, although the news papers
saw that have That was on the
first day of April, 1878. In the inter-
view before the Senate Committee he
says this: Il read on page 81 The
question is asked by the chairman.
What effect has the Silver Bill had,
or likely to have upon resumption z
lie answers: II do not want TO tread
on delicate ground in answering that
question. I shall have to confess
have been mistaken about the BILL
On the first day of April he said he
hadn't changed his mind, and thirteen
days before that he said, ~ shall have
to confess have been mistaken about
the Bill" And that is the testimony
ofSecretary Sherman, Secretary of the
Treasury before the Committees of the
House and Senate. Now before pass
to this resumption question. j want tc
say something about General Grant
1t will look little strange to soldier:
to say anything about Grant. We
honor him as union general, the
leader of our armies during the Re
bellion, and as having been onr cap
tain in putting down the Rebellion
but as he stands connected with tn.
financial history of the country th'
man ought to bo reprimanded, ant
deserves the contempt of the coun
try!! This Ulysses s. Grant stant
here to say that boldly tonight!
Hi tuC ISl piaIVs uG was
of the United States when the Publ
Credit Bill was passed in 1869 maxim.
the debt payable in coin, and he wa
President in 1870 when they changes
their coin to gold and in 1873 whe
they limited the coinage of silver
And now he has written from that oil
, Bible town of Smyrna, February
, 1878, the very day the National part
was in convention at TOicdo-on tbs
very day Grant wrote letter frol
this old Bible town in Asia the Rev
J. Citations speaks about letter write
to Smyrna, but here is letter write
t from Smyrna, and let ua hear what h
says: "lf was where was one yes
:, ago, and for the previous seven year
Q would put a most determined vet
upon the reputation bill, called ii
Q Silver Bill
What kind OF n veto is that? VIII
g is the difference between determine
Q veto, and an ordinary veto? lie cal
it the reputation bill.
n That which was tho money fro
: George Washington down 10 Gran
g constitutional money, legal tend
u money, money from the days of a br
o ham to Ulysses S. Grant-snd
= calls it reputation to restore Il
+ ability to pay the deb. in coin-l
B. calls that reputation = that viii,
|: they had the right to pay in in lSC
., It's all right to rcpudiate the debt
q the people AMI pay in coin instead
IN greenbacks. 1t is all right to repud
10 alto the debt in silver and pay in gol
l. but when you come to restore the CO
10 tract and pay il just rs it was, it b
comes reputation to this Grant wi
20 was twice president of the Unit
L States !! And that is not the worst
10 the presidents letter. 1t is publish
lie in the St. Louis Globe. Democdat
,e says further, II fearit is 10 be passe
90 and will be the law before this let,
"a reaches you" But says he, i ho
-. the business men of the country W
Il combine to defeat its operation
u. What is that? The late president
,d the United States, and once at
SO head of our armies, advising the pe
pc pie to repudiate the law. Did y
o, ever sec anything worse than ii
nc from Brick Pomeroy? 1 fought w
ID him in the war shoulder to shouldt
10 but tell you now, if they will t
DO him out, he cannot carry single ST.
nc in this Union. He captured Lee
II. AppomattoX. He fought for law
lr. uphold the law, buf after having cs
n. tured Lee, and all those who ",
J.. with him were surrendered, he hi
ea self has been captured by the 81
De locks, and he is now advising them
OF rebel against the laws OF the count
q; and trying to defeat its operate
~ Iou can't do that there are too ms
40 soldiers in this country who have a
}" spect for law. The very men who W
cy ont and barred their breasts for the II
I'm siles Of death in defense of law-th
ny are too many soldiers in this coun
l!s to ever submit to anything of
ms kind, from any man, Gen. Grant l
ne or any other man. 1t cant be do
oe and that is all there is about it. I
- whole silver legislation is fraud;
lia silver bill ia cheat, q fraud ant
me snare. This sp4ech of Allison thrt
ST calcian light on the whole tran,
tinn