St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-10-18


Gen. Grants administration was to
make these bonds, which were payable
in greenbacks, to make them payable in
coin, and you remember that the effect
of that was to send them up
80 and 40 cents in value; that
the men who bought them when
they were worth but. 60 cents
on the dollar that if they held them
would afterward be worth 100 cents on
the dollar in coin. [Applausel. And you
know that now they are worth 2S per
cent premium. which makes profit to
them of about 6S per cent. You know
that. And yet the theory of the Re-
publican candidate for the presidencyfs
that your money should be taken from
your pockets without necessity, these
bonds not being due until 1891, and pour
out this immense premium into the
pockets of the bondhOlders of the cOun-
try. Now. gentlemen, am not going
to play the demagogue at all. am not
going to say word against the men
who hold these bonds. but do say be-
tween them and the hard working peO-
pie of this country am on
THE SIDE OF THE PEOPLE.
Applause. l do not want to see your
money taken from you to pay these i'm
mense premiums to men who do not
need the money, but who have enough
already" Here Mr.. Thurman took out
his snuff-bOX. alluding in humorous
way to his habit of snuff taking. The
appearance of his bandana was the
signal for an outburst of applause.
The speaker resumed: "NOw that there
is too much money collected from the
people by the government, that there is
surplus that ought to be reduced,
the Republican party itself has
admitted; at least its members OF the
senate of the United States have adj
mitted it, for they have brought III bill
which they say will reduce the annual
income of the United States S75,O00,0OO.
Well, then they admit that there is
surplus, and we say that it is an evil.
and they by their admission that 1t
ought to be reduced say that 1t is an
evil too. But when we come to the
question how it ought to he reduced,
observe this, however, these grave
and reverend seignors, the Republi-
can senators of the United States, do not
say as Gen. Harrison did, spend it all III
buying bonds. They know very well
that if the government we're to an
nOunce its purpose of buying up all the
40 and per cents right away that the
premium on these bonds would go up to
80 or 60, that is on the per cents lAp-
plause.l if there could be found any
body holding those bonds to any con-
siderable extent to sell them to the
government at all; and therefore they
do not say Let US collect this money
from the people and let us pay it all out
i'll the purchase of bonds" No, they
SAY AS THE DEMOCRATS SAY,
LET us reduce the income OF the gov
ernment so that there may be no fur
ther accumulation of this surplus"
But when we come to consider their
mode of reducing the income and COM
pare it with our mode of doing it, that
mode which we prefer and that mode
which they prefer you find this most
striking contradiction between the two
modes. We propose to reduce the in
come by reducing the taxes on the
necessarieS of life. Applause
They propose to reduce the taxes on
the necessaries of life, and reduce the
income by taking off the taxes from to-
baccO and whisky to great extent, and
in one instance from necessary of life,
from sugar Now, all say give to the
laboring men of this country cheap and
good clothing. Give to them cheap
tools for their occupations. Give to
them cheap lumber with which to build
their homes, their workshops, their out
houses, their barns and their fences.
GIVE THE CHEAP LUMBER.
The Republicans say: mo, increase
the duty as our bill proposes to do, on
the clothes that the poor man wears, on
the clothes that his wife and children
wear, keep up the duty on-his imple-
ments of industry, keep up the duty on
his lumber, or at least make trivial
.oti no lU nd
bv make the burden of taxation fall
upon him. A voice Il say nO.' Yes,
and so do l. Now, there is where we
stand. We say it is hard enough that
the taxes have to be collected by
means of tariff. We do not profess, we
do not pretend to abolish all customs
houses and all tariff duties. We know
that it is very easy way to collect taxes
and we know that it has been followed
so long and so many industries have
sprung up, that it would be bad policy
for our industries to abolish it at once.
We know that, and therefore when they
say you are free traders, if they know
what free trade means they make an ae-
cusation against us that has no founda-
ton in fact. But yet we do not shut
our eyes to the fact that the mode of col
lecting the revenue by the tariff is
OPPRESSIVE TO THE POOR.
When the faxes are collected for the
use of your gOOdiy state of Indiana, for
YOUR county of Allen, for your NUM-
cipality of Fort Wayne, you know it is
levied upon the property of the COM
munity. Judge Thurman ridiculed the
idea that the laboring man could be
benefited by taxing bim on wearing APP
parel. implements of industry, and the
like, and said that it was not tax upon
property, but upon consumption. There
fore. it was. he said, that poor mall might
chance TO pay far more than the richest
man in the land. Criticising a recent
article from the pen Of Gov. Foraker in
a New York magazine, in which he as
serted that the tariff tax was paid by
the foreigner who sends the goods to
this country, the speaker alluded to the
Ohio executive as "a man who is the
governor of state, whom Providence
IN its wisdom. which is past the COM
prehensiOn of man, saw fit to infiict
upon that great state as its governor"
This sally was received with
LOUD AND CONTINUOUS APPLAUSE.
Judge Thurman concluded by express
ing his heartfelt thanks for the recep-
ton that had been accorded him. As
long as | shall live. said he, and what
ever may be the result of the election
or my fate, shall bear with me to my
grave a grateful sense of the kindness
of the people of Indiana. The
vast audience rose as one man
when the judge resumed his seat
and the applause was incessant for sew
eral moments. He was followed by Sen
ator Voorhees,. Hon. Edward Everett
Bell, of New York, and other speakers.
At midnight the streets are still full of
clubs and the sidewalks
crowded with enthusiastic Democrats.
Judge Thurman and party leave at 10
o'clock tomorrow morning for the bar
becue at Peru.
DEMOCRATS ARE SMILING.
They PrOpOse to Paint Gotham