The daily gazette., 1878-10-26
THE FIRST RALLY.
DEMOCRATIC GATHERINa-INTERB
ADDRESSES Br MEssRs. GRAY, MARTIN
AND TOWNSEND.

ADDnhooho bf MhsShs. 0kAft MARTIN
AND TOWNSEND.
The Democratic meeting at the CITY
Hall last evening, was largely attended.
the Hall being crowded with as many
mon a. could possibly gain admission
The meeting was of a solid. inteIliuent
character and listened TO the excellent
addresses with evident interest and ap-
preciation. r III Y - -
Thomas M. Ogle called the meeting
10 order, and named the folio wing as e.
ficers:
President-Ignatius q. GrubA, E.o.
Vice Presidents lone from each Wardl
Jacob Butz, James Christy, Geo,
O'Neill. John Aiken, A. Given, John N.
Ogle, Lewis X. Springer, Chas. McClos-
key, John McSorIey, WIN. Hanna.
Secretaries-Wm. II. Brady, Merris
Taylor, l.. A. Bertolette.
The selections were approved, and on
taking the chair the President stated
that series Of Democratic meetings
were being arranged, in order that the
Issues Of the campaign might be fairly
discussed. The Republican party had
miseraely failed in its object and pur.
poses, but the Democratic party, az ever,
was ready to meet the people face to
face, and show up its records and prin-
ciples. He then introduced
h GEORGE GRAY, ESQ,
of New Castle, who was received with
applause Mr.. G ray opened his remrrks
BY alllding TO the grave responsibility
that always rested upon public speaker
andIpromising to do his best to discuss
the questions that might present them
selves to his mind with the utmost fair
ness and consideration, and in a calm
and impartial manner.
Mr.. Grav held that in county like
this parties were necessity for the sue
CESS Of all great measures. The Repnb-
lican party have had control of this gov
ernment for the past sixteen years, and
II there is any act Of wise statesmanship
or good government in their record they
are entitled to the credit of it ; and like
wise If their record sho WI errors or bad
government, they are entitled to bear the
blame.
This party came into power during the
throes of civil war, and ruled afterwards
during thirteen years of peace. We
should have thought that its efforts
should have been directed to a restora-
ton of the fraternal feeling between the
two sections OF the counry that were
formerly arrayed in war, but It showed
no disposition whatever to do this. On
the contrary, this party waved its bloody
banners on every hustings and called
down and invoked upon 1.-THE curses and
maledictions of q conquered country.
They disfranchised the white people of
the whole South, and thrust into power
a servile race, aud placed In their hands
the destinies OF ten or twelve mlliOns of
white people of the South. But this
policy was at last confessed TO be q mis-
take, by the present adm nistration, and
the moment the iron hand of military
"A Ns.faa raA Nhn
they rose like young giants in their
strength, and eleven happy, prosperous
States took the place of as many subju-
gated provinces. Better it would have
been for the country had this mistake
been confessed years ago.
Mr.. Gray next reviewed the extrava.
gance of the Republican party in spend
ing the money wrung from the people
by axation. There is nothing in their
management OF the National huances
that enables them TO point to their rec
ord on that point with pride, or to the
satisfaction of the American people.
They established the National banks, to
prosper by a double system of interest,
giving to the people perhaps stable
currency, but masking its oppressive op-
erations from the gaze OF the people.
Better would it have been to raise the
money for the war by direct taxation,
than to have inaugurated this system.
And the great debt Incurred by the war
has twice ~ large a. II should have
been az one half OF 1t was used for the
benefit of speculators, and shoddy gold
gam blrrs. = g
Instead of adhering to the old Demo-
cratic dollars of gold and silver they rs
sued paper money, which depreciated
rapidly in value, and produced an era Of
nfi alton that resulted in the recent f.
nancial depression. The Democratic
leaders then in Congress prot ested
against these legal tender paper money
measures, ard it would have been better
for the country had their advice been
needed, aud the debt of the country hon
estly discharged, dollar for dollar, as 1t
was incurred.
The dangers Of an irredremable paper
currency was proclaimed by the Demo-
cratic party for many years past. Iheis
cardinal doctrine of success was, as old
John Randolph said, "pay az you
CO."
Mr.. Gray then proceeded to discuss the
financial question az length. He held
that the greenb ok n n1fe was simply q
promise to pay. Properly strengL gLhened,
It was q convenience and anecessity. IL
rested on the same basis as personal
nute-its value depended on the value OF
the maker 10 redeem it in good money.
As soon As a Government issues more
notes than the people think 1t can re-
deem. lust so soon will the notes go down
, in value, Just the same as tho note OF an
Individual The greenbackers argue In
genuously in relation to the "system OF
public credit" but their fabric has no.
thing sound to rest upon Some OF them
insist upon their issue OF s'fiat money
printed On PAPER and stamped az dol
iar--but this system resolves itself into
an absurdity, because the doyernment
cannot fix a measure of value.
Mr.. Gray forrtbty illustrated the green
back idea by relating An instance OF
colored milk man at New Castle, who Is
sues tickets marked "good for quart OF
milk" which are sold by the dollars
worth. These tick0ts are used to . small
extent, as currepcy by the people,, and
are reality taken at the stores, because
the colored man faithfully redeems each
one with quart of milk. But II tnese
tickets were marked "this Is quart OF
I milk" they would be worth mourning
and so 1T is with the Governments notes.
As promises to pay dollar they nave
, value at if they shall be marked, TINS
is a dollar" they will be worm no.
M. Gray next alluded to the present nj
busi ,,ess td,p PRESTON, which ne ciasssu as
/ a resuIt OF the war, intenslfied' anu IN
| creased by the system OF governmeh,'
Dnper credit winch had been instituteu' u