The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1880-09-24

PN"AN' "P'" 'hS Pi"'Iulnl III epIenVlu COuul-
ton, and for Two hours and half, spoke
the thought, within him earnestly and
feelingly. Beginning at s o'clock, he did not
finish until nearly II, and as the hands of the
dial are now upon the stroke of IL, nothing
more than an outline of his speech can BE-
given.
Introduced by Colonel W. L. Crawford,
no said
THE SPEECH.
My Fe'low-Citizens.
1t is with the greatest pleasure | meet YOU
this evening. 1t is by accident am in your
city, and realizing the fact that it is necessary
to put in all the time we can in this canvass
have concluded to address you.
| regard the present canvass ms the most
important that has occurred in tho history of
the country. No more importont period has
occurred than this, not even the mo.
mentous period of 1860 In that year it was
known rs IL most important period. | think
to-day there are more important results than
IN 1860. II war resulted then il was pure
ly sectional. fla war comes this year il will
be from no such cause rs that. Up to that
time there had been two theories in regard to
this government. Hamilton belle, cd that the
government must become strong govern
ment and one felt by the people from the
national capital.
| desire tonight to show you that the
Republican party has already sown the seed
by which they hope to form strong gov.
eminent But before doing that he wished
to address any one who may have gone off
from the Democratic party to
THE GREENBACK PARTY.
He wanted to show them that the Demo
cratic party was not responsible for the out.
RACES they compliance Of The hour has
come when tho institutions Of this county
must be preserved. | expect to convince
nobody by abuse desire to reason with
them
You hear great deal said about the flnan-
cial ills of this country, and that the Demo. |
cratic party was equally responsible with the
Republican party Cor these ills. The
money issued by the government
grew out of the war In 1862 bonds
we're issued for the purpose of carrying on
he war. When they were issued it provided
hat the government provided that they
hould DO legal tender notes. You can here
ind the beginning of the issues agtatng our
eople to-day.
THE EXIGENCIIs OF THE WAR
emsnded that national banks should be estab-
she'd. Mr.. Chase originated them, but he
ever dreamed that they should become per
'anent. They were for the purpose of
lstaining the credit of the government.
he act provided that the holders of these {
onds should deposit them in the treasury
nd draw 100000 in money, drawing interest
pom the bonds of ten per cent. 1t had the ,
lrther provision that they should draw in.
'rJst in coin.
IL oAhed attention to these facts
ec4uso ule Greenback party charged
he Delnoc Gratis of being responsible for leg,
la,.Ih 4uling the war. But all Democrats
lungless had voted against these meas.
res.
In 1864 measure was brought for
ard to strengthen the national banks. but
III will find that every Democratic member
oted to wipe out the national bsnks, but the |
epublicans opposed it.
Not only that, but the Democrats proposed
} tax these Democrats, not their notes, but
leir hands. 1t was voted down. In 1869, i
ter the war was over, congress passed IN
It to strengthen the public credit by pass.
* law declaring that the debt, instead Of
ling paid in legal tenders, should be paid in
,ngress. The Democratic platform of 1868
cleared this debt should be paid in green
lcks. John Sherman, in 1868, declared it '
ould be the greatest injustice to pay this q
,bt in coin. Morton, Butler and Thad, c
.evens said it was bill &
sssed in obedience to the
i'll of the votors of this country and Lon. 3
IN. Every Democrat voted against it. 1t c
as an act OF classification. OF the thirty or l
rty million people perhaps no more than c
1000 held these bonds, 1t was passed for /
10 purpose of beneiltting these f0w, In 1870 {
ere was fear that Democrats might get
to power, and they authorized the issuing y
fifteen hundred million of new bonds to .
Ike up old bonds, payable in !
aper, and made the new bonds /
ayable in coin. Hero was new contract 7
ere was another act of class legislation. r
In 1873 the Republicans passed smother act {
silver. This was not for the
encft of tho people, but for the bondhold. !,
8. 1t made their bonds payable in gold.
hey,in depreciating silver, struck blow at
lr government. l ask my Republican
lends if they agree with their party in
lis' And these bondholders paid no taxes {
, the government, which induced great ..
,any to sell oat their property and 60 into
ational banking and investing in bonds. !
These acts were not war measures, q,
ut passed in time of peace. All !
ur financial troubles began after the war.
he resumption act was passed that all obli-
atoms should be paid in gold. There were
3 900. millions in circulation. Then silver {
'as demonetized. Then this was
PROSPEROUS COUNTRY
18th every industry Aourishing But after
liver was demonetized, every work shop had ,
, 1878 become silent. Men BY the thou.
and were turned out of employment, and
Or tie first time we become familiar with
40 word tramp. These men were to be ,
tiled. Many Of them we're men of the
ighest intelligence. 1t was the result of ,,
nrowing out of circulation our silver coin.
ask every man to 70 back with ME and see :
40 causes of our trouble, and also to inquire
Thy we are now prosperous.
One Of the first acts of the Democratic
srty in congress when 1t got into power WAS
, pass an act to In
REMoNETIzr SILVER.
Weredueed,the expenditures from S75,000,-
90 to 500, 100000, We also reduced the tax
n tobacco from 80 to 16 cents, and yet the I
ovornment derives more revenue from to-
acco to-day than when high tax was paid.
When the resumption act was finally passed