The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-10-18

buried in the vaults of the treasury. IL ia a resliza-
ton of the %scriptural account of the foolish man who
buried his talent IN the earth instead of making it
useful. Applause Cleveland stands on a platform
that condemns sucha policy as that. The Democratic
platform says, don't take from the people more money
edyl There are several ways in which this surplus
can be reduced. Gouera' Harrison thinks it can be
best reduced, il understand his pcsiticn-and if I
misrepresent him 1 shall be ready to apologize, no
man more so-by buying the outstanding bonds of the
government. which are at a premium of % or 20 per
cent. Think OF 1T a nomsdt. Who would be bene-
fted by thatl If wee disposed to create a feeling
of antagonism on your part against the men who hold
those bonds, 1 might relate a little history that would
stir your blood. You remember very we'll that what
are called the 6ve-twenty Londs were purchased with
greenbacks, when greenb~ cks we e worth only so or
90, or at most 20 cents on the dollar in coin. You
remember that those bonds wers converted into these
a -per-cents., and you recollect perfestly well that the
first act of Congress. under Gsnec | Grants admins.
tration, YVES to make th=Se boLds, which Were PAYABLE
according TO their ia g or Endorsement, N sreenbacks,
payable il coin; and you how that I. ; effect of that
was to send item up 30 or 40 Far cent n valae; aud
you know that now they are worth % per cent. pre-.
MUM. which makes a profit. to those who originally
purchased them, of IS per cent. You know that, and
yet the theory os the Republican candidate for the
presidency is T. at your money should be taken
from your pockets, without necessity-these
bonds not being due until 1S91-and pouied out
bondholders of the country. tApplause.l 1 am not
going to play the deinagogde at all. / am not going
to say a word against the men who hold these bonds,
but between them and the hard working people of this
country | am on the side of the people. Applause,
during which Judge Thurman produced his bandanna,
which was greeted with renewed outburstl When
ever | take 1t out there is q shout. and then the Re-
publican papers say the old fellow is at a trick; he is
playing actor; it is a monkey trick of his to pull out
his bandanna.' Well, tits not so; that is all l am 60.
ing TO say about 1t now.
1.-The Republican party had admitted that this sur
Plus is an abuse; its United States Senators have adj
mitted It, for they have brought in a bill which they
say will reduce the annual income of the United States
about seventy-five million dollars. Observe, however,
these grave and reverend seniors. the Republican
Senators. do not say, as General Harrison says. to re-
duce it by buying bonds. They know very well that
if the government were to announce its purpose to do
SO the premium on the : per cent. bonds would cid go up
cent. premium IapplAusei; if, indeed, there
could be found anybody holding any
considerable n aunt of them who would sell to the
say. let us reduce the income of the government. But
there is a striking difference in the methods. We pro-
pose to reduce the income by reducing the tax on the
necessaries of life lapplausel; they propose to increase
the tax on the necessa- les of life. and reduce the in
ZONE by taking the tax from tobacco aud whisky to q
great extent. and on one necessary of iife-sugar. We
say give the laboring men of this country cheap cloth
ing, cheap tolls and cheap lumber with which to build
their houses and shops. The Republican party says no.
clothes that the poor man and his wife and children
wear. on his implements of industry. on his lumber,
or to make out q trifing reduction on that and there
by make the burden of taxation fall principally upon
him. 1t is hard enough that taxes have to be collected
by means of a tariff, for we do not intend to abolish all
custom houses and all tariff duties. We know it
IL is a very easy way to collect taxes,
and that IL has been followed 90 long and
so many industries have grown up that it would
be not only bad policy but injustice to abolish it at
once. We know that, and therefore when they say
we are freetraders they make an accusation against
us that has no foundation in fact. (Applause.l Yet
We do not shut our eyes TO the fact that the mode Of
collecting revenue by q tariff is oppressive to the poor
people of tho land.
The Judge continued his discussion Of tariff
at some length, using the arguments and illus
traiions employed in former speeches.
At the conclusion OF Judge ThurmAn's speech
a laboring man from Cleveland, who had come
with the Thurman club, climbed into his chair
and. after a speech. led of in rousins cheers for
the ''oli Roman"