Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1878-09-18
Mr.. CasWell's Acceptance.

Cpuu dCCepeiuS Cug Io HoHiu"'io"
for Congress man Of this District, by
the Republican Convention at Madison
on the 10th inst, Mr.. Caswell deliver
ed the following address:
M-. Chairman and Gentlemen Of
the Conuention:-No one could feel
more gratifed than [ do on appearing
before the representatives of my dis
trict, for the third time to accept
nomination to Congress, and [ thank
you with all the earnestness of which [
am capable
1t is a compliment which has never
before been enjoyed by any one from
this district, and after the expression
of your confidence, [ would be negli-
gent, indeed, if did not put into the
canvass what is to follow every honor
able effort in my power to secure an
election.
If Republicans succeed, it should be
upon sound principles of national poll
cy. and not by barterins away for tenn
porary gain the good name of our
party.
We should not yield up to mob law
and violence any portion of our coun-
try for the sake OF a peace and recon-
citation destructive to the rights Of
the citizen aud the fundamental prin-
G Piles of the government; nor can we
repudiate, directly or indirectly, our
obligations, aud bring dishonor upon
us at home and abroad.
The glowing demand of united
South to make good their losses from
the National Treasury, as we'll as the
widespread disposition to overrun the
standard of money fixed by the Con-
stitution, demand that the party whose
record is against these innovations
shall be sustained.
Fortunately, plan for specie pay
ment and the resumption Of our cur
rency was provided, before the Repub-
licans lost control of either branch Of
Congress, and although repeated eff
forts have been made to break down
this plan, Republican Senate has
held them in check and saved US from
irreparable injury. But we must not
forget that in the next Congress, this
great party which has saved the life
aud guarded the honor of the nation
will be shorn of its power in the Sen
ate to reserve any longer these great
vital. The hope of the country will
then turn to the House of Representa-
tives, where it may be expected Re-
publicanism will next make its appear
ance. Should we fail to regain the
House, the power which melted rebel
lion, the men who would enforce the
rights of states, as against the National
Government, they who would repu-
diate our obligations and drive US to
dishonor and ruin, will overpower and
outnumber the loyal portion of their
party in the North, and preside at the
Capitol of the Nation, debating to US
terms of capitulation. Is the great
North ready for the surrender?
Let 1t be remembered that there are
now pending ia the House of Repre-
sentatives. 600 bills involving half a
billion of dollars, for the payment of
property used and destroyed in the
South during the war: and that upon a
constitutional amendment prohibiting
their payment Of those voting, a ma
jority Of the Democrats stand recorded
against the amendment, and every Re-
publican in its favor.
Which party, then, will the people
trust upon this subject?
The results of an inflated and hith-
erto irredeemable currency are upon
US. But the problem Of resumption,
if undisturbed, is already solved
Keep the Treasury notes equal to coin,
and make them receivable for all pur-
poses, including duties en- imports; re-
tain for use as many as can be kept at
par, and no more.
National bank currency was first in
troduced as an auxiliary to the green
back, and that currency should now be
retained, only so far as to divide the res
possibility and assist the Government,
when necessary, in supplying the peo-
pie with sufficient redeemable currency.
These and all other corporations should
subServe the interests ofthe people, and
exercise no privilege to their detriment.
AS soon, however, as u. S. bonds are
converted into bank stock, that moment
such capital is subjected to municipal
taxation. The currency::which is issued,
pays an additional tax, and these banks
are now paying an annual tax of$l6,.
100000 But double tho quantity of
greenbacks. and we make this resump.
ton impossible. The Government can
not obtain nor could it afford to carry
sufficient coin to secure the redemption
Of so large volume. We should not
only violate the Constitution of our
country, as interpreted by unanimous
court, the highest judicial tribunal,