Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-08-14


opened tho campaign here to-day, speaking as
follows to d large and enthusiastic audiences:
THE .pEscf.
MT. PRESIDENT AND FELLow-CIrIzENs: have
seen several statements in the public press to the eff
fec. liza: tho object Of my appointment to address
you t,-eay was that should "sound the key note Of
the CAM a.gn. wiEh, in the very outset Of my re-
marks. 10 CAIN any such intention. Under free
institutions 1t is for the PEOPLE to give tue key note
ard, far the Democracy of Ohio are concerned,
they have discharged that duty i'll the platform
adopted by !a,e State convention. stand
sluurely on that platform. I have advocated its
principles heretofore and SHAH continue to advocate
them. Perhaps lis is al 1 aid say about myself
but, ina mach as, il certain gu rters, I de-
nounced as MA whJ has surrendered his cjnvic-
lions 10 apleuse popular lanor, 1T may be pardon
hbe III to lpy few moments i'll repell,i9 this
charge. The acCu alton has reference to my sup
pert oi the imam lal p'ank Of the platform. Now,
what is this hnauc al plank? 1t condemns contrac-
tiCp Of the CurleLcy; de1na DIS the repeal CT the re-
sum- ton ac; advocates "he removal OF all restrc-
lions to the image OF silver, aud tho re-estabish-
mont OF silver Us Il money metal, the same az gold
The it was before its fla udalent demonetiza
tiCn the gradual subs tuition of United States legal
tender al fer Lational banknotes, and its per1na
nent ostabi= hmeat as the SOLE paper money Of the
couutry, made receivable for all dues to the govern
rns g. a ld OF e 1la tell.c with The )uut of
such issue, to be- reg lated by legislation or organ
ie Ian a5 to give the leoplc assurance of stability in
The vo,uu of cur ency, aad the .nse uent lily
lie further increase in tho bonded debt,
and further sale Of bond for the purchase OF con
for re umption purposes, bat the gradual extinction
of the public deot, rigid economy, the reduction of
expenditures in all bsanches of the public service,
md tariff for reyelue only.' These are the imam
Gal doctrines OF the platform, and now confidently
defy ny critics, ono and all, to nane any vote That
have gwen during the nine years that have sat in
the Saaae, thai inco lsiseut with these princi-
pies. have steadily opposed contraction ever since
1t was iuaugurated. / spoke and voted against the
resul tio act when 1t assed, and at the last session
Of Congress voted for its repea. l worked hard to
restore silver to the placs he'd before ts demonet-
zation Several years ago drew a resolution for
State convention fayoriug the Gradual substitution of
gro3 lblci3 u IA bl lknoiss, al tia: resou-
ton, injudc.ously alnelded as believe ever. o he
tion. I ole Of the first to propose in
the senate that greenbacks should be lece .vabe
for custom dut o., and ut the last session voted for
the b Il max 70 the II h Il receivable. have been
the aI5oca' OF sabe clre c5, al 20 IL pa. form
den al ds stability. have con EIDE That the Pc
cons nea o e 1T not to be dcmonetized and the
platform asserts The same doctrine. have spoken
and voted aga nst an Increase Of our bonded debt l
have advocated, to tle best OF nay ability, strict econ
ony, reduction of eSlend re, and rove tariff.
My course tte-efore has been perfectly consistent
with the Platform of our convention, as the journa
AID debates of the Senate VIII show. And beg
leave to add that have never given vote, in the
u.ne years have sat i'll the Senate, to which excep-
ton was take hy the Democracy of Ohio, SO far aB
know or have Ter head.
e.lov-citizons, t,ust that hove not offended
rroprey CT good taste by making these few remarks
about myself. You are Iortion of my constituents
and have right to know whe ther have represented
you correc ly OF otherwise. If have q re- utAtion
worth PIE wing, it is or your interest as well as
nine thai it shall not be un Justly furnished. Bot
enough this theme.
he he curlel C, pant of TIL platform Is carefully
s"runzet, it WI be found that its principal feature
the pro aosed ID 5t,tutton of g,eenolcl5 for
toIal ban notes. tn nix that do them no injus-
tee wheA l say that the leaGccs of the Republican
party are in favor of dire ttly the opposite course
that is to say, they would retire al the greenEacks in
o2der THAI their PAGES might be filled with natona
bluknotes. Let either course be taken and the me-
ta!!ic money Of the cJuutry remains he same. Use
ther M OF pape; AMI the atno ant of CON in actu
NJ CT atom, apart f.o tho CON used for change
Will be comparatively small SO long az one aAd twl
aud five dol freely issued, for such notes
always CT n oat o. cilc attor. And whenever
conyocsiou into conis Practicable and desirable, i
WI be- lest as easy to colvet greenbaots as to con
down to this, Shall our ser money be natona
bauanotos o. green5icks? For se7era! reasons, that
will brehy sate think that the latter are prefer
able.
I. In the first pace, q national bank currenc.
means the indefinite perpstuation of the natlona
debt. The national BANKS SO far as their circulation
is coucerned are founded on that debt. 1t is the So
curly for their notes. and whenever the debt be pa
the banks mast retire their circulation and cease
issue notes. III ORDER therefore, to perpetuate thei
privilege of issuing notes. they must strive to perpet
tate the national debt. And you may rest assure'
that they will do so; and the influence of more thai
two thousand such institutions, spread all over tn
country, will be very powerful indeei.
Now am not one of those who e,ieve that ma
tonal debt is national Blessing. believe that til
W -. 40 ~ ~" t-ee
debt g q national curse. TO say nothing Of its COZ
ruptng Influences, its drain OF the resources Of tn
,t-o w P"2 20 otlio9ei,s, espet
la WIEN i 20 p1lt4o,i VI ll,e ueo' 40 iieio .ooa.
est paid exceeds the principal of the debt, while til
dcan continues in uud lInili5he force. Heavy taxa
uon Is the necessary result Iuu every one WI na
studleu the SUBJECT KNOWS haI oppressive tlAatio
Is one Oh 'lle Wols. loeS 10 'ile INDUSTRY anu pfospe
29 OF eooitfS. IL - tf''e ''''S ,ie hatonai oel
cannot be speedily paid but we ought not to put III
necessary obsaces i'll the way OF its payment. II
national bank notes are such an obstacle AND tor tn
reason are Objectionable. Your platform Wisely az
vocates "the gradual extinction of the public debt
1t thus fayors its honest payment, ana opposes 4
indefinite perpetuation. And III strict harmony wit
this principle it condemns bank note system tn
tends 10 perpetuate 1t.
y second objection to the national bank syste
s, that it tends to combine, concentrate, and intens
~ the mo ley power. shall indulge IN no declam
ton against the money power ! seek to excite
passion, no prejudice. wish to reason fairy, and
VISA IN 10 ul8e larry Ana % rslsoa iar
when say that, IN view OF the lrndouoted fact TN
during the whoie PER- % OF the unlimited sway OF u
Repuoli1an party the legislation OF congress stea
lily favored the momel interest and thereby great
added to the burdens OF the people; that the pu
chaslhg power OF money mas immensely hsreas
Wnte the eAcni 'Seao'e OF !r;itsAS power oi ever
thing ese mas re NAMED stationary or mas dlmlnishe
OIL Ill view OF the further fact that The national ba
system confess special privileges upon the ban
that NJ other institutions and no lnulvldnas enJo
tina it com inc more than two Thousand Institute
wv ana, II perfefnatec, may eomolne thousa'i
more, i'll common purpose and With common
teio5t to maintain their power and prolone thelr pr
legas; Ihat these Il stitut OILS are scattered all oN
The repaid and. acting cpeningly or Ill secret,
able u luhue ice legislatures, congresses, ana tho
ahas ol voters; 1t Is not injustice, but on the &C