The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1878-04-03

WITH uulltS anu fastening Tor voice from
indiana, 1t came at last, aud what voice.
Why, my democratic friends Of the county of
N1go, Is this time for us to falter under the
banner, is this a time for us to fall out of the
ranks? Is this a time for the man who has
followed the old flag through smoke and fire
and seen IL trailed in the dust and reared aloft
again III DAYS gone by, to falter in his devotion
Wnen such clarion call comes to us as was
enunciated in our state platform on the 10Th of
February, around which will rally more than
twenty states? Let Us look for a moment aud
see whether we did come short of what the
people desired on these questions / believe AZ
rs considered ON all hands that If, as undoubt-
edly Is the case, the people have to be furnished
with paper circulation of some kind (cer-
talnly no hard money man insists that enough
gold and silver can be furnished with which
TO do the business Of the country, 1 believe Il
Is considered that, it being necessary. to fur
nlsli circulating medium of paper, that there
Is no necessity TO tax the people of the United
States M re than they pay for the pensions
OF soldies in the late war, and the widows aud
orphans of the dead. TO support the national
banking system 10 put ii in circulation. While
do not come before you tonight with per-
iect system TO put the paper circulation into
me nands OF the people from the government,
yet know this, that
oNE-HALF OF THE WISDOM,
skill and ingenuity that 1t took to concoct the
national banking system 60 act interme-
diste agent through which the government
was TO supply the people with currency
would devise system to get the money into
the hands of the people without this expensive
machinery. Applause. In plain, familiar
democratic party said at Indianapolis. The
democratic platform SAYS: Reads
THAT national bank notes shall be retired,
ana In lieu lhereot there shall be issued by the
government an equal amount IF treasury notes
with full legal tender quality"
That cuts the whole thing up by the roots.
That Is to say, ii we are to have government
money. as we must, let the government issue
it directly, and retire these national bank
Again: Reads.l
THAT we are in favor of making the United
states notes, commonly called greenbacks, "A
full legal tender in payment of all debts, pub
lie and private, except such obligations only as
are, by the terms of the original contracts
under which they were issued, expressly pay
able in cUiD.
''That the right to issue paper money as well
as coin is the exclusive prerogative of the gov
eminent, ana such money should be issued IN
such amounts as the sound business interests
OF the country may from time to time
Quire."
There is
A GREAT PRINCIPLE
asserted. You will hear men who have called
themselves hard money men, who have sus-
party, sneer and say "Why do you want the
government to make money for the people?
That is not the way for the people to get
money for the people" III the government
can not nothing else on earth can. The con-
stitution says the government shall furnish
the people with a circulating medium. II IL
does not do ii you will have none. You never
had five dollar note i'll your pocket that was
not authorized by the government unless it
was counterfeit. Does 1t not follow. Just as it
is asserted in this democratic platform, that
ii ought to be put in circulation and furnished
TO the people in sufficient amounts to meet the
wants of business? Any wise man can see and
hear, by the sights and sounds that salute his
eyes and ears, that at the present time there is
not enough money in circulation; a iudicious
administrator of public affairs can always de-
termine when there is a sufliciency.
But the trouble is that the men who have
money want other people TO have none, so
Y. there not being much
in existence, they can buy pretty much all the
property in the country. Scarce money means
dear money, and dear moBsS- means cheap
property, cheap wages and cheap everything
that man has. Let us see a little further
readsl:
'That we deem 1t unwise and inexpedient to
enact any further legislation for the funding
of the national debt abroad, through the
means OF home syndicates or other methods;
and we believe the true policy of the gov
eminent and the best interests of the people
would be subServed by legislatIng so as TO dis
affOrding them the most favorable and practi-
cable opportunities for the inVestmentO of their
savings in the funded debt OF the United
States F"
There wss a bill brought forward il the SEN
ate authorizing the iss ne of small bonds to run
a long time. 1t was good one with this ex-
ceptlOn. This is the reason don't vote for IT.
1t said they should be paid in coin. 1 never
intend TO vote for any form of Indebtedness or
bond or any measure that discriminateS in the
kinu of money in which it is TO be paid. ZAP
plause.l When this government authorizes
money intend II shall take ii and the credi-
tors shall take ii
AS WELL AS THE PEOPLE.
lApplause.l Those bonds that speak OF would
have been in accordance with the resolution
if there had been no discrimination as 10
money. Under the policy of this resolution in
the democratic platform, which L have read,
making United States notes a legal tender for
everything, of course any bonds that would be
issued would be payable in legal tender notes.
The speaker referred to the plank OF the
democratic state platform demanding the
repeal of the resumption act.
Four months ago the democratic house
passed that bill. IL came to the finance COM
mittee of the senate about the time | became
a member of that committee. A good while
BILL during which there was a truce on all
other questions. The silver bill passed some
five or SIX weeks ago, and since that every ef-
fort has been made consistent with proprfety
to obtain report from the finance committee
on the house bill to repeal the resumption act,
as yet without success. hope TO have better
success next week. am going back imme-
diately to resume my efforts in that direction.
1 think the bill for the repeal of the resump-
ton act viii pass the senate. But the man IN
the Write house, who is keeping house for TIL
den-no, not for Tilden, but for the next man,
and
BETTER MAN THAN EITHER
of ,them-I hope Applause and Iaughterl,
General Hayes, will veto the bill as he did the
silver bill. Then, my friends, / have great
fears as TO whether we have two-thirds in the
II
a democratic senate we would do it. APP
plause.l Now, my fellow citizens, there are
others matters in the democratic platform of
the state of Indiana of which we have reason
to be proud, and nothing should deter us from
closing up the ranks and fighting our battles
To the end, encouraged with the certainty of
success before us. May l say that there is no
other organization that has the shadow of a
prospect for years and years of entering into
power and accomplishing anything.
Ny good friends of the national party, may
/ say this to you: Eighteen months agO-and
l respect you with ali my heart-yOu cast 81 600
votes for Peter Cooper at an election in which
the democratic party cast fifty times as many
and more. Now, even conceding that
YOU HAVE CORRECT PRINCIPLES
lin many respects you have)-if we have
correct principles, with nearly five millions of
votes, with both branches of congress on the
fourth of next March, and a certainty with the
record we have made in the right direction on
these great questions of popular relief, with a
popular majority that is certain to elect the
next president, | believe that have better
right TO ask you most kindly, most respectful
ly 10 cooperate with us than you nave to ask
us to go with you. iGreat applause believe
/ have better prospect to show 10 you THAI
you have to show to US. l believe / can show
you the goal of popular relief, nearer in sight