The daily gazette., 1879-08-18

the dying out of industries. 1t is very
much like the story told of one Of my
old friends servants. 1t was down In
Jasper County, l think, along in lS47, a
storm of hail, OF cyclone, came along in
the direction If Indian Springs and swept
everything before it. There was nobody
at home but my friend-I won't call hi,
n me-and his old servant. Everything
was upset and b'own down--mules and
horses turned on their backs-his barns
and stables blown to piec and his own
house demolished. The hay was strewn
around six inches deep, and every leaf
gone from the trees. My friends told the
old man to 60 out and survey the results
and he went out about mile on either
g de, and when he came back he said
zoe marster, de only consolation, can
give you is dat it seems TO be very GIN
raj thing!' Laughter and applause
Aud sad TO say, In our country now the
illustration is but too applicable. And
so say you cann1t find a spot on this
broad continent that Is not suffering from
its losses from that panic. Why, had
st ,tment exhibited in the House and no
body disputed 1t, compiled from every
STATE, commencing when taey strlck sill
yer as a standard and had the golden
calf pu' up TO worship. In 1874 there
vera failures with liabilities of upward
of $2O,OO0,OOO in 1875 about the same
numb r., aid for the four years ending
last year there were $4,000 failures Of
houses consider as firm as any now in
New York $4,000 of them with liabili-
ties of $500, ,OU0, ,OO0-more than one
third the public debt of the United States
And yet the cry is taxes, taxes, taxes !!
sh,'inkage, shrinkage'-and failure after
failure! And you are not done yet.
You have not got to the bottom until
this thing can be arrested. Is there any
prospect of arresting it i? That is the
quesi IN you and and the people are
interested in. Yes, by understanding
and maintaining the Government.
Watch it at the polls watch the Legis-
lature and see that they do right. More
than that. Even those countries where
this plague came from-for 1t is worse
than pla .ue-there is devastation and
mere al interest. l saw the other day
where the gallant Ewing had made cal
culatlon that the shrinkage in property
since 1874 was greater than the property
destroyed in the last horrible war we
went through " ith. Is there any h,pe
then ? 1t has not been two weeks since
the telegraph brought the information
that Bismarck has changed his policy on
gold. In England the indications are
that in less than twelve months 1t will
be changed there. After the passage of
the Warner bill bill was passed the
German Parliament to sell no more sill
YER. But tell you this last great error
of the century imposed upon the debt
paying people will be passed in less than
three years. [Applause]. The war is
over. There IS no new issue of seces-
sion. We are on the righ, side. And
itl seems to me little strange that Mr..
Sherman, of whom speak respectfully,
should bring that charge up before Ohio.
Mr.. Ewing. tho gallant standard-bearer
of the Democracy of Ohio, did not eide
with us in secession. Those issnes are
dead now. The past and the rightful-
ness Of either side is not to be discussed
now. Ewing can hardly be charged by
Secretary Sherman with leading second
secession movement when he did so
much to keep us from carrying out the
first one. MIR. Rice, has colleague was
also upon the same side with him then.
How is it, too, in Maine and New York !?
Are they for secession ? use the argl-
ment only to show that Mr.. Sherman
uses 1t as decoy.
at is monetary, financial relief we
want; relief from taxation for the North
and the Soath, the East and the West
from Name to Ca!ifornia-and it is
what l believe the masses will have
Applause. Have no standard bearer
who does not stand on your princi-
pies. The great people of this country
are for the right and you should select as
stasdard-bearers men who stand firm
with these three-fourths-yea, have five
6fths of the solid, Jeffersonian Demo
Gratis North, South, East and West.
[Applause.l When you do this your
standard Will indeed be not the standard
of dissev vered States but of one grand,
uni ed, confederated republic on the
basis of that which Lord BrOugham
and other great intelects of Europe ad-
mired. You will have peaca. prosperity,
no sectional strife. no wars, but general
fraternity; and your grand old American
federal flag floating over States, not
provinces-citizens, not snejects.' Ap-
plause. And may you yet live to see
such grand triumph of sound Republi-
can-yes, old Republican, Democratic,
Jeffersonian-princip Let them tri-
umph under such glorious flag that you
may leave them as an Inheritance for
your children for generations and ages
to come !" Long continued applause. ]