The Russellville Democrat., 1878-05-09
SENATORIAL souNDiNcs.
EX-GOVERNOR BAXTER AT
 RUSSELLyILLE.


 Very unexrectedly to our citizens, and, indeed, rather unexpectedly to himself, Hon. Elisha Baxter arrived in our place last Monday by the Westward bound train. No one had been apprised of his visit before hand, as the gentleman had not un- til the morning of that day fully made up his determination to como this far up the road; consequently the prospect was that he would come and go without any more note being taken of it than the ordinary travel CT. After supper, however, the string band, accompanied by a res pectable number of our citizens pro ceeded to the Hotel of Mrs. White, where the Governor was stopping, and after the band had paid it's res poets to the distinguished gentleman, by discoursing couple of pieces of music, cries of "Gov. Baxter~ "A Speech" "A Speech" went up from the crowd. Mir. H. c. Howell arose and presented Ex- Gov. Baxter to the assembly in q few brief introductory remarks. Gov. B. taking the stand, acknowledged with gratified feelings the compliment paid him by this dcm- onstratlon and expressed his pleas ure at being able to meet the citizens of Pope county on this occasion. It was a greatful and pleasing reccllect- ion to him how Old Pope had so no ply done her duty in the dark hour of Arkansas history when he was at the helm; and one of the saddest memories to him of that stormy time was the sacrifice of one of Pope counties noble and gallant sons young West-who fell in the Brooks Baxter war;
 This was the third time he had ap- peared before the public since his candidacy for Senatorial honors, but as he had done before, he would now proceed without hesitancy to make a plain, honest statement of his views; and he regretted that he would not be able to do so more fully than he would be able to do at this time. Owing tol the fact that it was dark on the porch where he was standing and that his eyesight was bad at night, even in the light, he would dispense with making an elaborate speech and referring to printed doc uments, as he would like to do, if he had more suitable opportunity.
 THE NATIONAL FINANCES,
 he regarded as question of first i'm importance. As this would be mat ter with which he would come more Tn contact, should he be elected to the U. s. Senate, he had given the matter mature delib- eration. In the brief time he now had to address this assembly, he could not do the subject as full jus tice as he had done it at another time. We are not quite sure we shall be able to give the gentleman's views here exactly as he intended, and did give them, but we shall give them as we understood them, and took nasty notes thcreof.-ED. He the National Bank System as one of the errors in the National Financial management, and thought the wiser policy would be for the Government, itself, to furnish the medium, in such quanti- ties as the demands of trade and commerce required, instead of hay ing a system of National Banks in terposed between the people and their government. The scanty sup ply of the circulating medium he re garded as one of the prime causes of the financial distress of the country. A large portion of the Public Debt of the government was composed of Bonds of the different issues. These Bonds are now boarded and kept out of circulation and by their inter. est are adding to the riches of the rich daily without bcnetiting the poor. These Bonds should be re- deemed in currency at the earliest moment, and many of them might be redeemed almost at once. Thus not only would there be an immense saving in the way of interest but the demand for a greater bulk of cir culating medium would be supplied without increasing our obligations of indebtedness. The evidences of our