National Republican. (Washington City (D.C.)) 1872-1888, 1880-08-31

frauds of the SOUTH and even the great fraud Of
New York viii be condOned forever Amnesty and
forgiveness VIII be proclaimed for tho meanost
crimes that have ever been committed against free
government What protection will there then be
freedmen ofthe soutR What guard VIII there
be against ballotbox suffers and like criminals Of
the nOrth2
What further Is likely to happen9 The demo-
cratic party has opposed from The beginning. as
unconstitutional, our whole system Of national
banks and favored q system of state banks rs
matter OF constitutional right. BY the passage Of
law OF two lines they can repeal the tax OF ten per
cent. now levied upon the notes OF state banks
ana mus, without formal repeal OF the national
Dank system, they can revive the whole state-bank
system end Hood us with wildcat and d.dog
money Ihat this VIII be done have no earthly
doubt whatever. / know that the leading soutll-
crn senators and members are especially anxious TO
revive the system Of slate banks With q view
TO nave irredeemable paper money again, aud
some Of the western congressman will follow IN the
same direction All this will lead directly TO the
repeal or disuSc Of the nntionRl.bank system be-
cause IL Is principle Of financial law that the
poorer currency viii suporsede the better and In
short time every person will he trying TO shove of
upon his neighbor unsecured notes of state banks,
which will 20 down with the first wave Of hnan-
cial panic All war legislation, or that which has
grown out Of the preservation of the union and
tic maintenance OF the government, will be
gradually swept away; the army and navy will
bo opened TO robos, and the men whom we fought
against will uRaln Weld the military aud naval
arm Of the government Rebels, still proud Of
their achievements IN the rebellion, bitter in their
hearts aud full Of rage against the defenders of the
union, VIII rida rough.shod In their new authority
over men who have sacrificed their all IN de-
tense OF the country. The public credit cannot
long escape from the strange and unnatural rcsoro
lion, and the business interests Of the country so
intimately identified with political events, will
feel the staggering blow.
Are the probable results OF q democrat ic admin.
isration too strongly staed2 If SO, II Is only be-
cause II may be deferred by public opinion from
going TO the extreme logic of their position. But
know these men well, and believe that the result
OF the full gscendency of the democratic party
VIII be to shock tho public credit to open the
n rah N u11 luf
was achieved by the war; to turn our government
back from ts national tendencies to what it was i'll
fact before the war-n mere confcdcracy of states
and 10 cripple tho power of the general govern
ment In the enforcement and execution Of Its
laws.
Why encounter these risks? Is there anything
IN our present condition that should lead the peO-
pie of the north, those who fought for the uiiion,
who love the glories won by our heroes Of the war,
to make this shameful surrender to our foes? No,
my countrymen. The change proposed is rcpug-
nant to our manhood, Injurious to our interests,
and fatal to the national policy that has so greatly
advanced our country among the nations of the
world.
The republican party may sometimes have failed
to meet your expectations IN all things, may some-
times have neglected to do that which ought to
have been done, but. on the whole II has rendered
such service to this country that tmay fairly clam
TO be intrustel with the administration of the gov
efnment unt!i at least some party appears with
better principles and better record. The repub-
lican party conducted the war with success II has
cmancipated whole race. II has done Its utmost
70 secure civil and religious liberty TO all citizens.
II has developed the homestead policy II has
unified and nati0naliZed all parts of our common
country into one grand whole without invading in
the least the rights and duties of the several states
which during this time have securely managed
their local affairs without let or hindrauce from
the national government. 1t proposes further, to
develop this policy 1t proposes to maintain the
resumption OF specie payments so that we may
continue TO have good money of gold and silver
and paper, all equal TO each other and
all of universal credit wherever water runs
| and our flag floats. 1t proposes to complete the
IAN Iphf n ~ fNp NJ
bonds bearing from three to four per cent interest
for those still outstanding bearing higher rate.
| IL proposes, while steadily pursuing the principle
of protecting American industry to reduce rs rap
idly as possible the burden of Taxation, and at no
distant time TO contino all national taxes TO mod
| crate duties on imported goods and tax on
| liquors. tobacco aud beer. Regarding education
rs the strongest foundation for republican govern
mcnt II proposes to foster schools and colleges and
| academies of learning, and 10 make the way open
| in the south as well us in the north TO every child
black or white, to receive the rudiments of educa-
| tion.
| In reply to questions by one Of tho au
diencc rs to the cause of tho removal of Gen
| eral Arthur rs collector of customs at New
| York, Mr. Sherman said:
| 81 have never said one word impugninl
| General Arthur's honor or integrity as u man
and gentleman but he was not in harmony
with the views of the administration in the
management of tho custom'house. While
| would not, perhaps, have recommended hi'
| nomination, yet l would vote for him for vice
| president million times before | would vote
for w, II. English, with whom l served II
congress"