The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1879-07-31

GEN. EWING AT HCME.
General Ewing reached his home at
Lancaster lat THURSDAY evening, and
a cordial greeting from his
neighbors and friends, showing the
high place he occupies in their esteem.
In response to serenade, he made q
telling speech, in which he pretty
discussed the issues involv-
ed in the campaign this fall, and show
ed that the Democracy have a leader
worthy the confidence the people have
placed in him. He first spoke Of the
Republican pretensions to economy,
and showed that the Democratic party,
in the four years. during which it has
held power in the House of Represent
atives, has saved $2l .0OO, 600 annually
compared with the preceding four years
when the Republicans held the rappro-
p1iating power. These $4,000, 600 have
been saved, in spite of the opposition
of q Republican Senate and . Repub-
lican administration w While the Dem.
oeratic party has been saving this
money for the Taxpayers the Republic
cans have been constantly charging
that it was plotting the overthrow of
the Republic. !, =; o..,,,4.5.s- ..a.,g.
The great glory of the Sherman adj
ministration is alleged to be the fund
ing Of the public debt. In his Portland
speech John Sherman specially boasted
Of his reduction OF the interest on the
public debt. This boast General Ew-
ing dissipated in q few words. +" 1t
appears, however," he says, "by the
finance report that the interest on the
public debtpaid in1S77 was SS7, ,124, 600,
and last year $1O2, 500, ,O05, and this year
$1O5 ,OO0. 900. In other words;in 1878 and
1879 cover thirteen millions. more of
interest on the debt has been paid than
when, Mr.. Sherman took charge of the
funding operation. That large SUM is
what the operation cost. It is made
up of bonuses in the shape of double
interest, and of commissions paid to
the syndicate. Meantime Mr.. Sher-
man has increased the PRINCIPAL of
the bonded debt $50. .OOO, 600. It will
take the savings Of interest by refund
ing for eight or ten years to pay off
this increased bonded debt, and the
bonuses and double interest, and get
even on the entire operation"
General Ewing shows once more
what the abundant purchase of four
per cent. bonds means. He calls no.
tice to the fact that cit takes SO per
cent. more of labor, or land, Or pro-
ducts, to pay the, interest to-day than
it took five years ago." - @,,af Z
General Ewing is not of the opinion
that enormous crops ut home and an
eager demand for our surplus abroad
are to bs PLACED To- the credit iof the
Resumption Act. In this respect the
speech of General Ewing is diametri-
calIy opposed to the speech of John
Sherman at Portland. Maine, made
the evening before Sherman claimed
that the balance of trade in our favor
which means in this case that people
abroad were better able to buy things
than we-was proof Of the wisdom of
the Resumption Act. He also named
the generous crops that followed re-
sumption, as though he would claim
that the Great Jehovah smiled on the
Sherman Resumption.Act;f from which
we might infer that had not the Re-
sumption Act been passed when it was
there would have been an. absolute
famine in this country, such would
have, been tho wrath Of God.
General Ewing shows how false were
the promises of prosperity made by the
Resumptionists.t He exposes the great
injustice of the Republican attack up
on silver-the attempt to rob one pre-
cious metal of all monetary power in
the interest of the moneyed classes.
He exposes the original intent Of the
Resumption Act, which was the ami
hilation of the greenback. He speaks
finely of the question Of free elections.
He evades no question. He is able and
willing to defend the peoples belief
upon the financial issues, and the peo-
ple's belief upon the great questions
of civil liberty. Upon all of these he
holds a majority Of the voters Of Ohio.