The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1888-01-11

united. The administration of Grover Cleye-
land is a success, and the people are anxious to
give il an emphatic Endorsement.
b. W. VOORHEES,,
d. TURPIE,
W. s. HOLMAN,
G. G. MATSOE,
w. d. BYNUM,
]. G. HOWARD,
j. d. ONEALIs
B. F. SHIyELY,
EDITOR wATTERsoN REGRETS.
LOUISVILLE, KY, January IL.
Leon o. Bailey Esq, Indianapolis, Ind:
deeply regret that cannot be with you to-
night, My most earnest sympathy is with your
movement, and 1 shall watch its development
with every increasing interest in the coming
political battle. expect TO see New York and
Indiana again linked together and leading the
HENRY wArrERsoN.
LETTER FROM GOVERNOR HILL.
STATE OF New YORK, !
EXECUTIVE CHAMBER
ALBANY, December 2S, 1887.
lDietated.l
1 received, some days ago, your most cordial
letter, conveying to me, on behalf of the Hen
rally Of the young Democracy OF Indiana to be
held at Indianapolis January II, 1883.
have delayed my reply in the hope that it
forwarding the admirable spint of activity you
evinee in organizing Tor our next great politi-
the lines and to occupy the higher ground.
'ln the time OF peace prepare for war" is even
better applied to political contests than to those
to determine mere physical supremacy. 1t
would indeed give me much satisfaction to ex-
press in person some sentim. nts of this char.
acter to my personal and political friends in
Indiana, but the Legislature of this State will
be in session at the time of your celebration,
and this, and other imperative engagements
made tor January, compel me to forego that
satisfaction.
With hearty appreciation of the courtesy ex-
a mi y hp
in every feature com plete success, L am,
Very truly, yours,
MESSAGE FROM TAMMAEY's LEADER.
HOUSE OF REPRESENTATIVES U. s.,
WASHINGTON. d. C., January z, lSSS.
Ny Dear Sir:
/ have the honor to acknowledge your letter
of the 4th inst, and to thank you for the COM
pliment which you have conferred upon me by
inviting me TO address q mass-meeting called
by the Hendricks Club at Indianapolis. / regret
for me to make journey to the West during
the present month, as my professional engage
ments in New York are already SO pressiug that
attention TO my Congressional duties.
lam glad that the Hendricks Club is sensible
OF the feeling which Tammany Hall has always
entertained for the illustTious statesman whose
name is borne by your organization. The bond
which connected Mr.. Hendricks with the Tam
many Democracy was the answering devotion
to his party which he always maintained in de-
feat, and which he never forgot in success 1
earnestly hope that his memory will be treas
ured with equal affection in New York and
Indiana, and that the Democracy of these two
States will forever remain inspired by his exam
pie and bound together by the same political
principles and that for many years to come
they viii be permitted to rejoice at the triumph
OF their common political faith.
have the honor to be,
Very sincerely yours,
LEON o. BAILEY, Esq,
Indianapolis, Ind.
After reading the foregoing. Major
Jewett, in behalf of Chairman Kern, pro-
ceeded to say: THE man who will now
address you needs no introduction to the
people of Indiana. His brave and kindly
face is familiar to every one of you."
EX-SENATOR M'DoNALD
Stepped forward and was greeted with tre.
mendous applause, which lasted for sew
eral minutes. When quiet was restored he
spoke as follows:
Gentlemen-Thi timely meeting-of the lead
ing men of the Democratic party of Indiana
cannot fail to have an important bearing upon
the politilal contests of the year. and the result
than common interest by the people
of the whole country. The issues
that are to enter into the political canvass
of 1883 are already beginning to be clearly de-
fined. The discussion of them In detail would
require more time than it would be proper for
me to accupy on this occasion. Chief among
has sc clearly placed before the Congress of the
United States and the people And it grows out
Of the fact that there is o large and increasing
surplus Of money in the treasury of the United
States, arising from over taxation. II is to this
condition of our affairs and to the issues grow
lng0ut OF them thatl Will claim your attention
for the brief time shall address you tonight
The report of the Secretary of the Treasury
made to the Congress now in session informed
the country that the national revenues for the
| fiscal year ending June so, 1887, exceeded any
present demand upon the Treasury by
THE sum OF sloS, 900.
and after deductIng the amount to be placed to
| the credit of the sinking fund, there still re-
mained the sum of S56OU0,000 OF unemployed
money; that the receipts for the present fiscal
| year ending on the 3Oth cay Of next June, re.
| ceived and estimated, would probably reach the
sum of Sis, coz, ,Oc0: deductirg the sinking fund
| OF S47, ,O0O coo would leave s66OCO,OOO of unem-
ployed money TO be added to the amount already
enormous sum Of si22, ,oCO 0co that must lie idle
in the Treasury out of circulation, contracting
| the currency, depicting the arteries OF COM
( merce and threatening financial panic or be
| loaned to the banks without interest, or be in
m O6 e n6S awoss Sr to q
| amount that would be due Of principal and in
| terest when the bonds shall become due. And,
| furthermore, the revenue laws which had
caused these results were still on the statute
book in full force, and would there remain, add
| ing daily and hourly 10 this anomalous, oppres-
| sive and threatening condition OF our financial
| affairs until Congress should modify or repeal
them.
THE DETERMINATION OF THE REPUBLICAN, PARTY
| To maintain the system Of high tariffs and eX.
eessive taxation which the public necessities
during the war period had enabled it TO fasten
upon The country, had, before the present ii me,
| given out clear premOnitions OF the danger We
| were approaching. and the President had not
failed in his annual messages to can the atten-
| ton OF Congress to the necessity of providing
| proper relief; but, as the revenue laws re-
I mained unchanged, notwithstanding the Exeeu.
tive recommendations, on the assem- bling of
the present Congress, the President in plain and
| upmisiakaDle terms placed the whole subject
| before Ii and relieved himself and his Admins
tration from all responsibility for its contin1.
| ance by pointing out in the clearest possible
| manner the wrong of overtaxation, the dangers
| TO which il was leading, and the remedy which
4 in his iudompnt IL the dutv of Con0roce ~