The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1879-03-27
EXTRACTS from q Speech delivered by Gen. l, R.
Sherwood, at Toledo.

RESUMPTION FAILURE.
All, my fellow.cItizens the resumption bust.
ness is lamentable, wicked and a damnable
failure.
1t has failed to do single thing promised by Its
authors.
It hes not revived business,
1t has not stopped the list Of failures.
II has not given employment to labor,
Ithasnot stopped the degrading march oftramp-
ism.
It has not improved the price Of wages.
1t has not started immigration.
1t has not put any gold Into circulation,
II has not improved the price Of real estate.
| II has not restored confidence.
II has not tended to alleviate in the smallest
manner the burdens OF taxation.
WHAT IT HAS DONE.
What has II done.
1t has everywhere oppressed labor, and In nifty
manufacturing establishments in the country the
price ilabor has been cut down from 5 to 10 per
cent, under Its operations,
1t has precIpitated more and worse business fail
ures in the two months of 1879 than In the first
two months Of 1878, There is now no gold in Cir
culaton whatever and at least $4,000 600 less cur
rency In the bands Of the people than when the
sham resumption took effect.
Nobody can get gold, II they want It, except In
sums of $50, and then only at single counter at
the head Of Wall street New York, If anybody
wanted gold anywhere In The West, resumption
might as well have taken place In the moon. The
National bank notes are not made redeemable In
coin by the resumption law, and they are not and
can not be made legal tender currency, 30 that
the pretended resumption at best, 10
SHAM AND FRAUD.
There are more Sheriff. sales now in the news.
papers than last year at this time. The bonded
debt of the United States has increased one hun.
dred millions BinCe Hayes became President, and
but recently the Secretary Of the Treasury senta
| communication to Congress asking authority to
issue twenty-Seven millions more bonds to meet
that amount Of shortage In the Government reve-
nues for the current year. This is O certain indi
cation that the Government, like majority Of iB
citizens engaged In legitimate enterprise, Is DRIFT.
| ing into bankruptcy.
We gathered last year the largest harvest ever
known in this country since the first pioneer
struck the first plow into the virgin soil of this
| Continent We have had the best winter for bust
| ness and labor ever known. We have a new
country, not one'tenth developed, the richest In
agricultural and mineral resources in the world,
| and yet million men are out OF employment,
and labor everywhere
PAUPER AND A BEGGAR.l
In the city C5 Toledo alone during the past four
years there have been eighteen hundred men,
women and children turned out Of house and
home aud stripped Of their all by this Infamous
robber policy, while one man of unlimited credit
has gobbled In TO his own use, for less than one
third value, over square II lie OF our once pros
porous city During last year there were one
hundred and twenty two Sherif's sales, besides
the sales by the Master Commissioners. The sales
by the Sheriff alone in 1873 include not less than
six hundred distinct properties, each one Of which
represents some unfortunate lsborer robbed by
law.
THE property sold by the Sheriff realized Sl77-
1877 75 and Its cost 10 the owners was not less than
S5OO,O6O. 0fthese vast properties Of the homes Of
the industrious mechanics and laboTing poor OF
Toledo,
ONLY EIGHTEEN PROPERTIES
aggregating s17 2Sl, were bought by ou6idep parties
or parties other than the plaintiffs In execution
This Is a sad, q fearful, may add, a wicked and
damnable record. 1t makes humanity shudder
to think Of the want and woe 1t has entailed upon
the honest, worthy unfoTtunates, doomed to pub
lie robbery.
This year, so far, things are getting worse, The
Sheriff OF Lucas county during the first two
months of lS79-JanuaTy and February-has pub
lished eighty Sheriff IS sales and the Master Com
miSsioneTs probably half az many more. In many
cases each sale includes several properties. In
one Sheriff 3 sale there are
EIGHTY sAvBN DISTINCT PROPERTIES,
more than one-half being homes Of the lsboring
poor 1t Is also safe to say, without exaggeration
that not less than three hundred properties and
homes Of unfortunate debtors have been offered
under the hammer in the city of Toledo since the
LIST Of January, 1879.
This is in addition to that enormous list Of de-
linquent land offered to be sold for taxes. We
have almost $685. ,0O0 OF unpaid taxes and unless
we get relet soon by change of financial policy
tho pitv Of TOlndO will hnpOnnn hankrunt In loss
than ave years, and like Elizabeth New Jersey,
and Memphis, Tennessee, will pass into the hands
of q receiver,
Since January l, 1879, we have had the most
disastrous failure OF q manufacturing establish
ment Osborne Swayne & Co.. lever known in this
CITY, aud neary every factory and Workshop, and
lathe and loOm in Toledo to-day iR
RUNNING AT A LOSS.
Take the country atlarge for the first twomonths
Of 1879 and we find more business failures in the
aggregate than during the same time Ia 1873 and
more than any entire year from 1864 to 1878. And
there 10 not laboriDg man In any city Of the
United States with family who can make enough
by daily toll to clothe his wife and children decent
enough to SIT In a pew at church Never before
In the history Of this country has the condition Of
the laboring man been as
ABJECT AND DEPLoRABIE AS NOW,
During the entire year of 1865, when we had
plenty of money, there were but $50 failures re.
ported throughout the entire United States. with
an aggregate liability of but slT625 0C0. In the
hrst two months of 1879 the failures have aggre.
gated
MORE THAN TWENTY MILLIONS.
From 1865 to 1877 any man who wanted work
could get it at fair wsges and tramp was an un'
known factor in our political economy, and our
ideas of ShylOcks were obtained solely from the
works of William Shakespeare, Business was then
done on cash basis, and newspapers could live
on legitimate business, and did not depend, as
now, upon tue Sheriff sales and the delinquent
x.lists TO exc out miserable and dllapidated
existence. The rich mans Chill rem and the poor
mans children could not be singled out as now in
the public schools by their clothing, and labor
was honorable and we'll rewarded. The man Of
toll could sit around his own bearthstone, under
his own roof without fear Of either shylocks or
the Sheriff
THE FATE OF TWO CITIES
Take the record of Sheriff g sales in Toledo and
Lucas county for the past two months What is
the result? Has property brought any better price
since sham resumption? / say no. Have there
been anv sales al ALL except to the plaintiff, In |
execution? say no, with hardly an exception. |
Go TO the court house any Saturday morning ana |
verify these facts ior yOurtelt Wbatm Is the ousi'
ness of the County Recorder nowY Principally |
recording the mortgages on the property OF new |
unfortunaies, who will ere long join that fDnumer
able caravan" Of the homeless, who have been
robbed before by the same prooLs.
Lei us not eODflue Ourselves To Toledo. Will
take another city. The city Of Philadelphia, the
stRid old Quaker city where the Declaration OF
Independence was Arst proclaimed TO man, tho
city wherein Liberty was first rung out 10 the
world, and where the old Continental Congress
hrst conVenef.