The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1880-10-07

solIdiy. with iva Republicans. voted
against and l.9 Republicans voted aaran.i
passed Il INTO law. lacking onlSa ti.e Sfssi
nature OF the President. and he approved
aiid signed it. ~ tsE
3. In 1875 the -ct domoneti ding sil- !
ser WAS PASSED i,y a i.spElhi,sn sea-
s-sesS. -Ali5aush tie eyes suI noe
were not recorded. VET the fact that the
Republicans had control II both ar1nchcs
Of ConSresS and the executive depart
mcnt = cuengA "a cNgu'pate Nemos'rsl,~
FROM iAe cNcgFai ic lau>lni..t. o. th1.
measure. which i-tcf. >iiftcfiC utrl i.f
the further fact that TIE Democrats nc
unvc rrmGuctized tii1i meisii " her ti3rs
.aiuCi noWrr H. ii;c iicri-c. lg.si >aiirsrg
eveTt H!lu 81 reason that said act wa>
. passed. without thc ron>ent snd aC3ius,
The will ei Democratic Legislators. -.
=. Hder the rile nf Republican power.
and they were ii HndiSPUtcd Tlns>e>>ipltpf
! the s-oN crnrlent in aii is trspchc>, from
/ the eHd o. tls war until iS..'. contraction
al the curfcn y commencing IN ssis. cot;
tthi'eu. = ithoit -ttcces>lt-i htI.dgs.ige hN
Democrats. until silver WIZ dcnfoL eti&pd
IA l,''.i. GjeF the operation Of tEe pO'-
Icy ci the Republicans. in the payment OF
gold for currency Indebtedness. the crc.i-
iiuT cl5->-natioEal hsnk- aRd hOldcrs OF
bonds, The perlons best able Ia sustain
losses IL losses were hcce> sarl'--NVas en-
riciled thiriN-tnree ani a third per cent.
! on the claims they held. aud the people.
poor. depressed aud almost begging. had
| liked on them a debt Of moi less than
essi.,aA.n more than they lotge,l.
aud which they had and hsyc 10
pay otf ot tIcir sWcat-caFned gains.
Not oHly this, but under the operation OF
The Law contracting the currency ami
! degI0uitiyiBE silyer. van u. traced ~
clearly ana plainly as rttrrf follows
cause. HE unhi ard at bankruptcies ;a'ihe
/ extent of -211tWl.GV0 of money per an
Wim thai followed in the wake or that
paiicF; nor dia ttc evil Stop bore Tcfty /
-am2 ciiiSe NAV be traced lns Familiarity 4
at oar people. with the hordpS Of tiumps
unknown before t. us. OF tbe people, "a
tie iited States. who iinodcd the whole
country. seeking work and begging cln-
| Payment. They We're not couiined to the 4
poor. ignorant aud loWly Learned men,
skilled labor. expert mechanics, We're all
on the tramp. Not only relnuncraliVe
wages. but Wages on which men could
| barely live, were refused. The effect OF
the laws passed and policy pursued was
10 stop spindcs. silence looms close
| mines, suspend manufactures and inter-
nal improy ements and TO prejudice we'll
nigh TO staenation and death all classes.
kinds and character of industries Capt.
tai hid itself in deep vaults. and men.
women and children. failing Ia obtain 4
| living by labor. were forced Ia beg or
v.
greater majority Of these unemployed
people preferred 10 ask aid Of the chart
| table, rather than commit open crime.
| This Is why Tire country is oVeTrun 10y
tramps. Thus, in legitimate results. may.
| the necessary and inevitable result OF Re
publican policy, measures and laws
| passed and enforced in spite of every op-
position Democrats could interpoSe,
| bOndholdcrS, capitalists and national
| banks were made richer. while the toll
ing people, the Impoverished millions
poorer and poorer.
6. The time came, however, when
| the Democrats did gain power in
| one branch of Congress. the House,
| and at once commenced war on the
| evil measure. before spoken of. TO
| drive them, If possible, from the statute.
| In the meantime. however. the Repubii
cans had passed the resumption act This
act. passed as il WAS, under the ciTcum-
stances, the time and condition Of the
| country. was moustTOuS. Silver had been
| demonctiZed, and the resumption ari
| provided that the legal tender notes, rs
| fast as received for taxes or dues. should
| be destroyed by the government, thus
| taking from circulation 500, 0O0. 000. The
! Democrats soaght to remonetiZe silver
! ana Ia Keep in circulation the unt.e-
>troycd legal tender notes The position
of the country Was desperate. Ruin
| was al hand. unless relief came. The
| earnrslupSS OF the Democratic House
! compelled The Republican senate and
| president To Weld to the cX,"ency. and
| silver WAS remonctiZed and niycn free
| coinage OF not less than two nor more
| Chan four millions per month. This Is a>
| far rs the opposition would yield or else
| the Democracy would have obtained
| greater benefits for the country. They
| also yielded 10 the repeal of the section
| of the law, that ordered the destruction
..f Il r. I'm
| thus the Democrats saved To the people rs
| Il circulating medium S2i1 .G1, 0GJ OF
| "recnbark notes. being all that is now in
| circulation. Had the Democrats moi
succeeded in these checking measures,
had the policy of Republicans longer con-
| trolrtl, bankruptcy would have been
universal. and distress among all classes
| Unparalleled.
:. The tenetS platform andaction Of the
| Democrat" party has been, is now and
| Will bC Ia maintain the credit Of the gov
| crnmeEt and il public faith unimpaircd.
| untarnI>iicd ana without n stain at home
| or abroad Therefore it is that il is the
| HniiSputcd policy OF the party. founded
on principle As high rs honor, in honor.
! able men and as unimpeachallo, that the
public Gcht must he paid principal and
| interest ~ ii falls due, according 10 the
I terms of the contract and meaning of the
law, under ana by virtue of which il WAS
|
| lay the k"ptIbl'-anS can or will induce the.
| Dcm"cracS 10 depart from its firm and un-
| WaYering adherence 10 the honor
| of the government in all its deal
ings with al its lawful creditors
| The speaker rccurred 10 the days Of re-
| construction. aud satisfied his hearers
| that The understandable Union, which the
Confcderates could not destroy by four
| years OF bloody war, with the Use of q
million Of men and billions of trcasure,
WAS attempted to be destroyed after the
| war MAS over. when peace was restored
| and the Union saved. This was done by
an act Of Congress passed by mad fana-
| ties in violation Of thc constitution. ia
] GIHilce, hate and revenge. whereby the
| governments OF Sovereign states were
overturned. ald in their stead nil;itar
| d8Sr9ii~,IS erected, ru!el GNR' by epau-
| leiicd tNt..Dts who. in obedience to The
motive U.Ht brought the lass into exist
enrc. removed governors. Dispersed l.siS
| laiurcS. dissolved courts, replacing them
with the creatures of Tie military. which
! had ihof1Hgl!i. subor.iinatcd the civil to
| the military authority. la language Sold
and cieai. conveying Inansowerahlc argyll
/ meut, founded OH unslislnlied 'f;tcis and
! ugures. rpnelu Sions were drawn. NATURAL
and Irresistible, that the cHrrent of Re
pilbliean legislation has. siDec.ihe war,
tended directly. logically, Intentionally
and for a purpose to u Capitalization OF
the powers of government, TO the desti'9c-
| toIi OF sovereign states. and the eTslave--
ment Of The people To direct and per-
sonai accountability 10 the Federal gov
| ernnIcnt -rOntrary to the constitution
| the principle or its framers and tie
! genius Of our Illustrations. Turning 10
the Greenbackers, he proved TO them that
tier leaders had within two years. aboat.
| laced. ON every material proposition eii-
Draced ia their PLATFORM and wlir.h sery-