Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1879-09-27
BLAINE AT IBELLAIRE.
Continued from First Page

| of a baker; il you want wooden goods
YOU 90 to the dealer in wooden goods
and il YOU want to borrow $4,000, you
cannot run all around, TO one man
and another, getting here $500 and
| there 81 900. The bank is the common
exchange where the borrower meets the
lender. They will always be a neeessi-
| ty. The question is, shall we have
| good banks or bad ones? The Republi
cans had said that these pet banks must
be done away with; the issue OF special
charters must cease; the State lines
must no longer limit the circulating me-
dunn. Banks must be established with
two features. First, they must be free
TO all; there must be no monOpolies; no
special privileges. But some one says
a man cannot start national bank with
out certain amount OF bonds; does that
not make it monopoly? Perhaps It
does. But did it ever strike you that
farming is monopoly? You have got
to have land to farm on. Laughter. J
You cannot farm up in balloon, Re
newed laughter, or out In boat. vi
course you have to have something
to start a bank on, but so do you
have to have capital 10 90 into any
business, and like any other business 1t Is
free to all who have the capital.
These bonds are for the protection
and security of the currency OF the
bank. Under the old system every
| twenty years or so the whole volume OF
currency of this county was swept away
by failures. The Republican party said
this must end. ave don't intend to
have any bank issue bill that is not
good. We mean to protect the limo.
cent third party who takes your bills,
this is Uncle Samuel taking now,
"and then if you break up, if,
as the boys say, you bust
the bank well take your bonds
and sell EN- and redeem your curren-
cy." [Applause.l The origin OF this
system was attributed TO Salmon L.
Chase, to whom Mr.. Blaine paid high
tribute as a statesman, patriot and a
man.
And now, continued he, in substance,
when you assail this system of banking,
We say, "show us betterOne and We will
adopt it. The Republicans didn't SIT
on the fence and crow and
make fun of the old system,
but let it alone until they were
ready to set up better one, and | ask
Senator Thurman and all the other Dem
| OCratic orators who assail the national
banking system TO show us better sys-
TEN, or to shut their mouths and keep
them shut until they can.
Concerning the
Substitution Of Greenbacks
for national bank bills, he asked how
it was proposed to issue them,
and to regulate their value and
amount. 1t is answered. we want
! enough for the business Of the country.
But who is to Judge of the amount need
ed? Congress? He said no body of
men in the world was less fit. APP
plause. The members OF Congress
were political partisans who came up
hot and wreaking from the political
contest, with the smell of smoke yet on
their garments. And you would endow
them with the plenary inspiration re-
quired to decide this matter. Give the
question rather to your County Com
missioner3 OF Belmont county. Laugh
ter.
But perhaps some one says, Congress
did decide the question during the war
That question was never before Con-
gress. The question there was not how
much money was needed TO do the bus
mess of the country, but whether we
should have any country to do business
in. Applause. The questions in
volved in the issue of greenbacks need
! l.. - ,,N -. 81 IL
tional provisions for their solution.
They depended upon the God given
right of self-preservation. Applause
During the war the nation asked for
a loan of 800, 100000, and to secure its
credit against destruction by an over
issue OF Greenbacks it voluntarily
promised and agreed that the issue OF
greenbacks never should exceed $780,
100000. This promise was made by a
great people, and thank God they have
never gone back one step or
wished to go back one step from that
promise. Applause l do not wish
to enter into objurgatiOn, but | must be
allowed to say that that man who turns
around when the nation is safe through
the loan secured by that promise. in a
lllllt VI IIOlOuHh HOoNNi anu iii'Slii So
" propose to violate that promise, that
man would strike his mother! APP
plause. As to the man who proposes
it ignorantly, God pity him! Laugh
ter.
Taxes.
The speaker quoted a suppositious re-
mark by a Democrat that the people
were taxed to DEATH" and responded
that the national taxes were not in any
particular oppressive. And in a very
conversational tone he inquired: "Does
any one here wish through me to petit
ton Congress to reduce any tax impos-
ed by the general government? As to
whether your county or State taxes are
oppressive or not do not know, and |
do not care. am here as the citizen OF n
common country, the country Of which
We are all citizens, and ! challenge any
man to name one tax which il repealed
tomorrow would relieve you the next
day. You may examine the whole
Z I 1