Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1880-04-16


strict Observance of public obligations, yet
our bonds bearing four and a half per cent. in
forest were sold at par slowly and with dih-
Guilty l call your attention now TO the views
expressed in my speech here on the 18th of
August, 1877, upon the policy OF the Admins
tration i'm respect 20 resumption and refund
ing. Mr.. sherman here read extracts from rom
promise and prophecy therein made has been
literally fulfilled aud the conditions then eN-
isting are now happily changed. The troops OF
idle men, desperate from want of labor, are
now busily employed in all the various
branches Of Industry, our paper money Is now
not only at par with coin, but II is of universal
credit throughout the civilized world and Is
engcrly taken at par with coin in all the civ
iized capitals of Europe. Capital, no longer
boarded, is reViving the old industries and
starting new railroads, telegraphs, workshops,
mines, factories, rOling-mils and furnaces.
All are now In fun and successful operation.
From the surplus revenues, without any In
crease of taxation, our debt IL now heing rap
idly reduced and this very month the rcduc-
tiOn is greater than in any FORMER month since
the creation of the debt, being Sl4,0O0,OOO
lGreat applause.l Hundreds of millions of
our bonds have been sold, bearing four per
cent. interest, At or above par, and our credit
is so advanced that they can now be sold in
future operations at q very large premium,
and bonds at still lower rates of interest may
perhaps be successfully negotiated.
And our political condition is vastly i'm
proved. The Republican party at the elections
of last fall carried, either by majority or n
plurality, every state in the North where cleo
that We would have carried Indiana and Oregon
IL there had been any elections in those states
1t is believed also, that at any fair election five
of the SOuthoin states would give majority
to the Republican ticket, and are only deferred
from doing SO by the lawlcss violence and ter
rOrism that In 1910 5ucfented the will of major
ity of the voters. Such is the changed cOndi-
tion of affairs in which We are about to enter
into the Presidential contest of the present
year. | do not, fplow-cittZens. attribute all
! these results TO the policy of the Republican
party alone, but ]. do say that without the
steady and firm maintenance of the Republican
| policy they would have been impossible. Prov
/ idence, by giving us bounteous crops and the
/ people "a mind to work, has since resumption
! greatly aided the policy. We admit this, and
thankful for it, but IL is certain that If the
| Democratic ideas of the last or the present
| Congress had prevailed, our credit would still
| be languid and our industries would still he
] laboring under the evil effects of Il depreci-
| ated and disordcred currency.
1t is the policy of the Republican party,
/ firmly maintained and enforced in the midst
/ of doubt and disaster and partial defeat, that
| is the chief human cause of the great change
/ in our affairs. and now the question for the
people of the United states to determine Is,
whether they will allow this policy TO bC
! changed and the Democratic party to be placed
| in control of the executive and judicial
brlnces of the Government, for the judicial
/ branch will follow the fate of the executive
/ branch The Supreme Court of the United
Sta tes, which has be II the bulwark of equa
rights and fair elections, will in the natura
course of events, be changed in II single Pres
! idential term so as to place the ideas of the
| Democratic party in control of the supreme
| judicial tribunal of the land This IS to b,
/ the first great issue of the campnign, and the
second is like unto it. How can the equd
rights of all American citizens be supported
and maintHinedY IL Is manifest that this vii
not be done by the Democratic party. The
/ rebel element now controls that party in every
Southern 81 tie, where alone 1t is secure in ia
political power. The triumph Of this element
| is the disgrace of American civilization. II
| will read strangely in American history that thu
very men who waged an unsuccessful wM
| against the Union, who were the cause OF the
! loss of five hundred thousand men and iiVt
thousand millions of treasure, are now $,
| nearly in possession of nearly all the power
of the Government, and only want success II
| the elections next fall to enable them to ruiz
the Government they sought to destroy, HnC
/ to disregard and revise all the guarantees wOT
by the Union armies with sucn cost. II they
carry this election the rebellion of 1881 is &
success. If the& fail now the dominant classes
in the South wild see that they must submit I,
| the equal rights of Az classes or If they do moi
I the courts and laws of the United States viii
maintain and enforce these rights Upon thi
point there will be no division or hesitation
among the Republicans Every citizen of tn
United States, in the South as in the North
must be secure in the enjoyment of civil ant
political rights, and every power of the Ma
tional Government must be exercised to this
end. Loud and long continued applause.l
This issue is broadly defined, and the Onl!
question is whether it shall be now settled
once for all, or whether it, shall by causcles
agitation continue 10 disturb our politics. Tn
South never can and never ought to pIospe
while the great body of her lah0ring popua
tion is held in subiectiOn and deprived, ns /
the case now, of rights plainly given them b!
the Constitution. The North is growing am
the South will bc dccaying until this issue
settled, as all such issues must be, in lepul
lie, in favor of the full protection by law o
every person in the enjoyment of liberty an
justice. Next to the firm and Judicious cr
forccment of the law by the courts the hes
remedy in the South would he the encourage
ment of common schools, such as are almos
universal I'm the North. This shOuldbe done a
a matter of public policy, both by the stat
and the National Governments. If the cOlore
people of the South were redeemed from tn
ignorance caused by slavery, IL would be II
more possible to OVcrawe and overcome theT
. I 10y Ku-KluX Klans and tissue ballots than
would be possible here in the North.
| say then in conclusion that the Republlca
party is about to appeal TO the American pee
pie 10 stand by the policy that has secured yo
pronounced prosperity, and will secure to II
our people euunl civil and political rights. Ii
the National Convention at Chicago, after fI
consideration and without bias or prejudio
say who best can secure success, and the R
: publican party, like a well drilled army, wi
wheel into line and overcome the last vestigt
of the great rebellion of 1851. loud and pr
lOnged appiause.l