Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1879-07-25
GEN. EWING'S SPEECH.



/ feet of adding 30 per cent. TO the bur
den of all the debts and taxes IN the
| United States. | have shown in a speech
made in Congress on the 22d OF Februa-
nv last that the public and private debts
| of the United States, which have been
| carried over since 1871 and still remain
unpaid, amount TO little less than SlO,--
OO0,OOOOOO. This decentralization OF
silver and consequent enhancement of
| gold has added therefore in the neigh
| borhood of 5000, 100000 to the debt
burdens of the people; and, as our tax
| a. for national and local governments
amount TO about $500, 100000 year, 1t
has also added S40O,00O,OO0 year, IN
practical effect, to the tax burdens OF the
people.
Do YOU wonder that every man who ~
| i'm debt at all, and every man who has to
nav taxes. groans under the weight OF
| these increased obligations? When you
sell your pork at S2.25 hundred, your
labor at 80 cents a day, and other things
| in like proportion to pay debts and
! taxes, YOU are enjoying the blessings OF
silver decentralization. Republicans OF
! OhiOl-debtors and taxpayers, employ
ers and workingmen, farmers and trades
men. now throw up your hats il you will
for sherman, Foster, and gold prices.
| Vote for the Republican party. Vote
against the restoration OF the old me-
tallic level of prices through the unlim-
| tied coinage OF silver, but DO not groWl
at hard times, Improbable business,
low wages, lack OF employment, pressure
of debts and taxes, because that is what
YOU vote for; and because by so voting
YOU declare your willingness to bank
rupt yourselves and impoyerish your
families, merely to keep the Office
holders of your party tattenlng at the
public crib.
These are the financial achievements
OF the Republicans for which they de-
mand a renewal OF their already unparal-
leled lease of power. They claim en-
dorsement for economy when the re-
ductions of expenses actually affected
by the Democratic House show that they
have wasted ut least S2l 100000 year
i'm prohigate expenditures, and when 1t
is apparent that they are still wastingat
least S27, 100000 year. They ask credit
for reducing the public debt when they
have Tor seven years past largely IN
creased it. They boast OF a rounding
accomplished by squandering thirteen
millions OF the public treasure in com
missions and double interest, by largely
increasing the principal OF the debt. and
by 4 general massacre of business
through contraction of values to reach
the gold level of prices abnormally sunk
by the destruction of half of the metallic
money. They demand the grateful APP
proval OF the people for having accom-
plished gold resumption regardless OF
the tact that all their pledges OF renewed
prosperity are falsilied, and that the four
wears march to it is strOwn with more
wrecks of the fortunes, hopes, and hap
piness of the people than marked the
four years OF our tremendous civil war.
REPUBLICAN MoNo-METALIsM VS.. DEMO
CRATIC BI-METALIsM.
Finally, the Republicans claim popu-
lar endorsement because OF their avow-
cd purpose to have no further change
in the finance legislation OF the country.
They tell us TO let the finances alone,
that agitation will only produce mis-
chief and that everything is lovely as
the laws now stand.
Fellow-citiZenS, it is idle To talk about
either party letting the finance question
alone. The Republican party does not
intend to do it. Did it favor the pres
ent law providing for even very limi-
ted coinage Of the old silver dollar? No,
the great mass of the party resisted 1t to
the utmost. Their President vetoed 1t,
and il was only carried through per
sistcnt popular agitation by the Western
and Southern Democracy and the Ma
tionals, before which a portion OF the
Republican party weakened and voted
for the bill.
Mr.. Sherman says in his last annual
report that the present law providing
for the coinage of two millions month
cannot stand without in time over
throwing the exclusive gold standard.
lie has prevented that result heretofore
bv boarding the coined silver as re-
sumption fund; but he knows there is a
limit 10 the amount OF money which the
people will suffer TO remain piled in the
Treasury, and that the day will come
when they will demand that a very large
proportion of that boarded silver shall! be
applied 10 the extinguishment OF the
bonded debt, and in that way the coun-
try will be forced from the gold level OF
prices to bi-metallic level. Therefore,
he saws. that the time will soon come
when this coinage Of the old silver dol
lar must cease. Neither he nor his
party has any intention 10 permit val
ues 10 rise above the low gold level.
Hence, the question must yet be set
tied whether we are TO have and main
tain the cold standard only or restore
the bi-metalic standard 10y the unIimi-
ted coinage of silver.
The two great parties are Squarcly at
issue on this question. The Warner Olli'
which gave the whole profits OF the
coinage to the government, butprovlded
Tor placing silver exactly on a par with
| rold i'm respect of unlimited coinage,
and of the issue of certificates for silver
bullion, passed the House after an M
tense and prOtracted struggle, every
Democrat but seven voting Tor the bill,
ard every Republican but four voting
against it. That bill will pass the Sen
ate next December in spite OF the OPP
position OF half dozen national bank
and gold standard Democrats. The al
most complete unity of the Republican
party in the Senate and House against
the bill, with Mr.. Shermau's known hos
tilitv to it, assures veto OF that great
measure of relief. The contempti-
BILE cowardice Of the Republican party OF
Ohio in failing TO say word on this
great question is at once M evidence
that the people demand the relief and
that the Republican Partyis determined
not TO grant 1t.
III that measure were passed, almost
all the product of our silver mines Will
at once be poured into the channels OF
circulation. Certificates OF denomina-
tons of ten dollars and upwards, re-
| deemable in coin and represented by
the silver deposited, will enlarge our
circulating medium and cause whole
some rise of prices, stimulating indus
uv, increasing production, tightening
the burden Of debts and taxes, and Civ
ing us prompt and generous impulse
toward renewed prosperity.
DEMOCRATIC GOVERNMENT MONEY vs..
REPUBLICAN BANK MONEY.
The other great finance issue not