The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1879-11-02


idea was started In the neiehboring State of OHIO.
called the Ohio idoa.' which spread and bore fruit
in different States. That idea pay something
With nothing am aug ana axoics: Where is the
emphatic, Shut up.J From this Ohio idea sprang
a brood Of other IDEAS for example. the greenback
idea an unlimited issue of irredeemabe currency;
and party was inaugurated in different States
called the sreenback party. 1t took in Michigan
last year, had vigorous growth, put forth limbs,
blossoned literally bore no fruit ana died Laugh
ter aud cheers) Therefore, shall pay attention
to the green5Sack party; It Is not living issue
issue. and even during the last session of Congress
q demand was MADE. and persistently made to
repeal the Resumption act that had been in ex-
isfence for years. Resumption of specie payments
was virtually accomplished when. i'll 1874 and 1875
that resumption act became law for at that time
earth that could defeat the resumption of specie
payments after it had once been inaugurated. ZAP
ause.I we authorized the Secretary OF the Treasury
to use any bond ever issued by the government and
in any amount that was necessary to carry forward
to success specie payments so soon as the time ar.
rived for the resumption. But this ohio idea.'
as said. was to pay off your bonds with greenbacks
Well, my fellow citizens have paid of
within the last sixty or ninety days, and
what more do you want? All but the SOHO
idea was something different from that; it was
as said before to pay something with nothing, and
up 20 the final Adjournment of the last regular
sion OF Congress the attempt still made to issue
of the nation Now. if this paper which they pro-
posed to issue in paying Off the bonds of your gov
eminent were properly and truthfully described it
would read thus :-'The government OF the United
States for value received-for it was for value
ceiyed; no greenback issued except for
value received; no bond of the government
issued except for value received-"ior value
ceived, the government Of the United States prom
ses to pay nothing to nobody. never" Applause
and laughter).
FOREIGN OBLIGATIONS
The Senator then went on to argue that the people
held the bonds in small amounts chiefly, more of
them being owners of 800 and less in bonds than
$4,000 or over. He then INDUCED in the broadcast
ralery at the fatists, saying "You do not propose
to pay any interest. / hold bond for value re-
ceived. with given amount OF interest payable on
a given day. Now. will hold your bond until you
political graves. and then I viii appeal to an
honest people. to an honest government. to
an honest Of SsSs osssn But yb ss
men who remember the days of General Jackson.
ana they likewise remember that in the time OF
the citizens of the United States S. OO0 which
France did not refuse to pay. but neglected to pay
1t ran along from decade to decade unpaid. General
Jackson sent for the French Minister, and said, I'm
less that $5O0O0OO due to the citizens OF the United
States is paid will declare war against France
lAppausel General Jackson was demonstrated with:
only of this country but OF tho world. Said
he. UNLESS France pays that S5.O0O,0O0. by
the Eternal will declare war against France
(Applause.) Every man. woman and child and the
King of France knew that he would do it, and the
$4,000 900 that your to the citizens
OF the world, but it is more than fifty times fvo
millions. and Il is scattered all over Gods earth
You say you will stop the interest these bonds
How long do you think it would be before British
fleet and a French fleet and Russian fleet and
Austrian feet and Spanish feet and Ita IN feet
would come sailing up your coast and demand pay
ment the bonds held by their respective naions?"
TOM EWING ExcoRIATED.
Cup steps Tom Ewing and says, Your accounts
are correct; the government of the United States
owes so many hundred millions of dollars to your
Chandler waved blank piece of paper. representing
the "Ohio idea and the audience went into convul-
sions. Mr. Chandler proceeded as follows THESE
foreign gentlemen say, what is thatY why,
money-don't you see? Why, it is first mortgage
on all the property Of all the citizens OF all the
United States. daughter and applause.) Don't
You see the stamp OF the government These for-
eirn gentlemen say, Where IL It payableY NO
where daughter and appluuse TO whom
payablef Never daughter and applause.) These
foreign gentlemen say. I'VE don't know any such
money. Our orders to collect these hundreds OF
millions Of dollars in the coin OF the world and
unless it is paid in the coin OF the world orders
are to block every port OF the United States, and
all the navies of the earth to do it, and to
burn down every city that our guns will reach
An! Tom Ewing. you will find that honesty il the
yl1uais." lAppiause.J
THE SILVER swINDLE AND THE REBEL CLAIMS.
From currency lie went to the bank system. ex-
planning. the benefits Of the present security by
deposit OF bonds and advising the public to let this
matter alone and devote Their attJatioY to things
they understood. He denounced the FREQ silver
coinage. saying:--"Now.I do not charge these mon
with being bribed to pass that law because have no
proof of it. hut do say. and say it boldly, that
the bullion owners and tho bullion spectators can
afford to pay tho in bullion for the privi-
lege of swindling tha laboring men OF the country
of fifteen per cent OF all their earnings. (Applause.)
They say. That may all be true We don't know
how 1t is We have not been bribed.' And never
knew man that would own up that he was bribed
in my life. (Laughter.) don't say that they are.
hut do say that they are engaged in mighty mean
business" H4aughter.)
Mr. Chandler then passed to the subject OF rebel
claims and produced before tho audience list OF
claims now before Congress representing more than
two billion dollars. he said the only barrier be-
tween the Treasury or the United states and those
rebel claims was PRESIDENTIAL veto. ana thank Goa
for the veto! tremendous applause ana cheers.)
He continued ITO show you that am not over
stating this idea OF southern claims Will read you
u petition which Is now being circulated through
out the south and which mas now hundreds OF thou
sands OF signstures:-
SPECIMEN PETITION.
'We the people OF the united states, most respect
fully petition Your Honorable bodies TO enact law
BY which all citizens OF every section of the United
States may be paid for all their property destroyed
by the government ana armies on both sides during
the late war between tho States, IN bonds bearing
three per cent interest per annum, maturing within
tn. next 100 years.. Every soldier who served
Ian N HAAS II