New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-08-09
GALUsHA 4. GROWIN PITTSBCRG.
BUSINESS ISSUES OF THE CANVASS.

| A MASTERY REVIEW OF IMPORTANT PHASES OF
THE PRESIDENTIAL CAMPAIGN.
PITTsBURG. Penn. Aug s.-The Republican cam
paign here has been fairly begun by large meeting
held last night. The speakers were Galusha ~
Grow and :. II. Mason. Mr.. Grow spoke as follows:
FELLOW CITIZENS: Each recurring Presi-
Dental election brings with it renewed discussions
as TO aims and tendencies of political parties Such
the great periods OF education in all that
pertains TO Government and ts administration "hle
subjects OF legislation somewhat numerous III
detail, yet they all be grouped under TWO heads-
one the rights of men the other. the development OF
the material resources OF the country To secure and
protect the first is the primary aud paramount object III
the establishment and maintenance OF free government
From the second comes the wealth Of nations and in
matoly associated and blended with 1t Is The condition
OF the laboIng Classes. Upon these two points political
Organizations tested when asking TO be entrusted
with administrative power.
The aims aud Tendencies OF the Republican party
have been fully tested in peaoc well war En-
trusted almost in ITS infancy with administrative
power II found Itself confronted at the very outset with
a rebellion causcess IN origin, wicked in design ana
cruel execution which finally eliminated In one OF
the most gigantic wars history For fOur years all
the energies of this pacty were taxed In prosecuting THIS
war to triumphant close and in saving the life Of the
Republic so 10 preserve the ARK and the Covenant OF
Liberty 10 ming times.
Its record civil administration, like It's record in
financial wisdom, business capacity, Is not eX-
celled by that of any party entrusted
with the powers OF government. OF the
thirty thousand two hundred and nnety-fve millions
six hundred ana eightythree thousand nine hundred
and sixtvhree GO 295 6S3 1861 dollars of receipts and
expenditures OF public moneys since the formation OF
the government. the losses and defalcations four
thousand hundred and nineteen millions four
hundred and eghtyone thousand hundred and fifty
,7l94Sl 1j7) dollars previous 10 eighteen nun
dred and sixty-one, from two dollars and twenty
cents thousand dollars TO eleven dollars and sew
enty-one cents while the twenty-five thousand five
hundred and seventy six millions two hundred and two
thousand eighteen hundred and We 300 dol
lars since eight hundred and siXtyone, the losses and
dofalcations have been thousand dollars from
hirtyOur to seventyslx cents and for the last four
years ending June 80, 1880 four hundred and sixty
seven millions eighty thousand and eight hundred and
eghty-ve (S467 OsO,ss5) dollars Of Internal Revenue
taxes have collected and paid into the Treasury
without the loss of cent.
SPLENDID FINANCIAL RECORD.
For financial wisdom It's record Is In the TACT that six
hundred and ninety-two millions two hundred and fifty
six thousand three hundred AMI fftyfOur 602256,35A
dollars OF paper circulation in eighteen hundred and
seventy Is worth in value seven hundred and
eighteen thousand one hundred and (7lS 1G
dollars than nine hundred and thirty eIgh millions
three hundred and eighteen thousand six hundred and
(93S3lS 6S5l dollars Of 1enaclug the same
kind of paper circulation Sas worth IN eighteen hundred
ana Sixty-iVe
The evidence Of capa cy is in the fact that
of the TWO thousand seven hIndred ana ifY5iX millions
four hundred aud tnrtyone thous nd Ave hundred and
seventy q 75G431 57 dollars OF National ndeb
edness close OF the rebellion. eight hundred and
Sky millions sixteen thousand SIX hundred and sixty
six 1850 Ol6 500 dollars been paid. being almost
the dobt paid in the first fifteen years
OF peace. And during the same Zine the annual inter
charge the debt has been reduced from hun
dred and fifty millions nine hundred and seventy
thousand six hundred and ninety seven Q50,S77,697
dollars TO eigDtythree millions hundred and twenty
nine thousand eight hundred ana cighy-cght
(s3I29 sss dollars being an annual saving interest
alone Of sixtyseven millions eight hundred and forty
seven thousand eight hundred and (67, S17.sO0
dollars
As to its fidelity TO public trusts and its financial wis
dom what satisfactory evidence could be required
than these conclusive figures Its business capacity il
tested and proven by the comparative condition OF the
industries Of tbs country Four years Senator Wal
lace and all assOC leaders insisted in their public
addresses that the Republican party responsible
for the depression business and for the anguishing
condition ali Industries. II that then certainly
Republican party is entitled to credit for improved
business aud revived industries.
Yet same leaders claim that the present pros
peIity is the result OF change IN Divine Providence
in sunshine and showers and abundant hIryests. But
for that they say, their predictions OF untold calami
realized II it is true that the predictions Of these
prophets OF III have been frustrated by Divine Proyi-
dence, then that is the best OF all reasons Why be
lever IN the wisdom OF Divine Providence should be-
long TO such party. IL never can succeed, for
with God is q majority. The sunshine bright
the showers refreshing. and the harVess bO1nti
lui when the Government paper dollar worth IN
gold seventy cents less when 1t worth par.
The Democratic tins subject Is OF the
kind Its platform OF eighteen hundred aud seventy
which declared that the fixing Of specific time for
the payment OF a debt and making the necessary pro
vision for its payment at such tine, Is hndrance to
Its being paid.
THE REVIVAL OF BUSINESS.
Follow ing all great war;. or later there come
depression in business and arrangement in all indus rial
pursuits. For. unnaturay stimulated by Wat, they have
to come back from the Imitation au1 adapt themselves 20
the normal conditions OF trade and commerce time of
peace. We have passed through both periods and the
same political party has been IN power during the whole
urne that the influence OF government administration
whether good bad tnc industries Of the country
fair judge by the rule, and # blame j. bestOwed
for bad times then ny credit ought to re given for