The New York herald., 1878-09-27
SENATOR BAYARD.

THE DELAWARE sTATEsMANs IDEAS OK HONEST
MONEY AND THE CONFLICT BETWEEN LABOR
AND CAPITAL.
PINI.Ico, Md, Sept. &C. 1878.
A large gathering of citizens from all parts OF tho
State was present here to-day in attendance on tho
Maryland State Fair Senator Bayard delivered an
address, In the course OF which lie Was many times
heartily spplauded He touched at some length upon
tho currency and labor questions. Ho SAID
Ii, IN the must OF such financial distress and be-
w,uerment s surround US, remedies, illusory
auu yet plausible, should be urged; schemes which
promise immediate relieI, untOuDded easy and Sc.
ductive, which have caught mo popular MUD slf.
lctently 10 promise the possession OF temporary
political pc to their most conspicuous advocates.
PLAIN is the duty and responsibility oil every man
who sees the lurking error and the concealed Danger
such measures 10 Gear his testimony IN loud warh-
Ing against them? WHAT answer should the farming
classes the land owners and ,he nardy yeomcn o the
United States give TO these strange, wild cries wo near
gong up IRON the political conventions oil parties
with new names, that no more rent should be paid
Tor no interest or the uso OF money; that
tho precious metals should be discarded, and abso.
Lutte moucy" ordained Dy law should replace aud
measure ali values be received Tor all auesY VINO
shoull so strenuously resist all schemes which tend
to lessen pabhc revereuce Tor pledged ia,th, 10
weaken Confidence ana to cripple and destroy
pubic land oil course private) credit by agreeing
plans ior the indehnite postponenent Of the pay
uent OF put according 10 their terms
WHAT portion OF the American people needs credit SO
much aud regularly as the iarmer, VINO Mas to wal.
SIX months between seed time aad harvest Tor Lis
means OF paymcntY Ii man would enjoy credit let
b,iu denouncc all TO weaken credit and insist
upv all that VIII give strength. To tho poor and
honest man who needs credit and is compelled TO
borrow money, l earnestly commend these
words. What, portion OF the American people
great fact that all values arise out oil LABOR ana that
nothing oi value DO had without its share Of la
borY TO whom, therefore. can tue allacy that wealth
can be created by empty promises To crcate II be more
apparent aud by whom should 1t moro soornully and
promptly be rejected?
VIM knows inc realty and necessity of steady, con-
tinuous manual inousry better tnau the American
farmer anu who eau better attest the a!senood OF
system OF currency which nstruca men that pieces o.
paper. upon which Is printed a promise oil payment
never 10 uc redeemed, and which can be multiplied n'
definitely at the VIII OF any accidental majority o.
Congress, ever he stable and rcahl. measure o
the value Of th0so crops upon the production oil which
50 much human toll, anxiety and care have Deen De
| stowedY
| The pretended mysteries OF the a'chemists have
long srcc become the subject OF human pity and de-
risi0n, and surely the ustempt now to revive tn,
grcaler deluson that printed government certcate
OF value. not convertible into anything OF value, car
take absolutely and permanently the place OF ana per
form all the functions vi actual value, Will speedily be
disc. .rded Dy .he ''sobcr second thought oil th'
| American people.
| Bul nttio more than twelve months ago we wit
nessed here In Maryland and u otuer States, occur
renccs growing OF conflicting claims OF labor ant
capuai, In which awiessness raised us hoffid front
and shocking ol insane and savage destructDi
| OF property and lite were enacted well calculated tt
ll every cItizen apprehension aud deep anxiety
so long as public pence and saloty arc in jeopardy
there can be Tor all good citizens but one Immediate
| ever present aud paramount duty: the naintenanc'
OF the law; when the law Is obcycd anu sits nrmly
ana unqaestioncd IN It's rgh,iul seat oi power, then
ana ouly then, ana until then, snail the hear ~
and relief OF alleged injuries ana injustice Do pa
| tontly, calmly ana KiEdiy heard, investigated ant
| rencded 50 tar as legal Justice can suiice.
| LABOR QUESTION.
Owing 10 variety Oi causes, winch will not attemp
to recapulae, there ~ to-day large oody oI our ie!
| low countrymen unemployed and IN want, who ar
cntitled 10 the mosl intelligent Consideration an'
| most active friendship and assistance. Go into lh
srcets OF BanOre, and indeed oil every lesser town
ana you Will nna them IDLE but NEST anxious to b
honestly employed.
coal lano owner and miner In one oil the Pennsy van
valleys. in which he assured the mployed pcopI
OF his district that all the coal mining now ueedc
! could 90 douc with onc-haf The hands gathered II
that REGION and that for the other halt there was ~
prospect OF cmploymsnt. These men were TO b
counted by thousands, ana with their aHi)es are u
| be counted by ten thousands.
When think OF ,he iair aud fertile peninsula oil
| wnicu 1 Ave aud OF which our doar old ''Easteri
shoreu iorrns part wish from my heart that all a
these strong ana willing hands OF labor could b
transported anu permanently established on Mary
| Land anu Delaware farms
When We cast our eyes across the ocean, either T.
the east or the vest and see the fearful ravaees
| death In tue starvation OF millions in British lndi
and the Chinese Empire, or witness an imoruIsd con
diton OF nviDp humanity with moro than the pane
and none OF the ucl vcrancc OF death itsef, we ca
better OF the difficulties OF human govern
ment under conditions OF dense population aud ~
SUN sent production and realize the blessings OF CON
munitics such as our own Maryland and Delaware
wnere under just and equal laws, the results of ~
dus,ry projected and personal liberty guaranteed
ana where roof 10 shelter from the elements, warn
clothing and abundant ana suOstantai food are OF
ts.naols by any man VINO, with moderate health an
strength, Is content to walk with industry sobrict
aud simple honesty as his companions
One obvious cure Tor mucG OF tho al!
trsss we now witness In cities and manu-
featuring centres will DC found tho return OF III
population 10 the cultivation OF American larm
which to-day are at prices Tar below their ntriusi
value, because tho COmpensatioBs and advantages
country Ito and agricultural occupations have nc
been duly weighed and appreciated.
There need be no Tears OF over-p production OF th
fruits OF the earth by American farmers so lons.
least, as the mad am Dtions OF European rulers tur
that continent INTO a vast camp or battle held an
pervert the energies OF their peoples TO tneir nutu
uestruction anu by vast military establishments sue
tue very life blood OF the industries they proie
1 to protect
| knowledge comes,
| but wisdom fingers
| The progress of invention and the application
natural forces to mechanical uses within the la
quarter OF a century rs ibdte ed marvellous U
0oubtcdly every invention whereby labor Is releas'
from any task leaves II Tree To seek new hclds oil "a
ployment ana thereby production IL proporuonatc
| Increased, aud production Is wealth, aud pcrsvn
com tort anc luxury are the followers oil wealth