New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-09-26
TALKING TO THE FRIENDS.
TWO DELEGATIONS CALL ON HARRISON
THE GENERAL. DISCUSSES THE QUESTION OF
THE DISTRIBUTION OF THE SURPLUS.
TBr TELEGRAPH TO THE TRIBUNE

TWO DELIBERATIONS ChLb ON nhIsAsAoOA''
THE GENERAL DISCUSSES THE QUESTION OF
THE DISTRIBUTION OF THE SURPLUS.
TBr rELEoRArH TO THE rRrDuSL1
Indianapolis, Sept 25.-The Hoosier farmer
friends of General Harrison from the counties OF
Wabash and Parke, equal in distance, but oppo-
site in direction, from indianapolis came TO the
city to-day to call upon him. Many OF them
brought their families with them. and in good
neighborly way paid their respects 20 the Repub-
lican standard bearer, who received the visitors
quite as cordially as they greeted him. Almost
the entire membership of two Sunday schools
ACCOMPANIED the Parke County visitors, and the
only attempt at display in the way Of uniforms
was made by the young people, whose staid
farmer fathers, q majority Of whom are Quakers,
do not themselves take kindly to the gaudy cam
paign outfit of the average enthusiast Wabash
County is also largely Quaker community, but
the visitors from there were not a"erse 20 wear
ing the black Harrison hat. and they also Drought
with them three bands In every campaign Tor many
years General Harrison has visited these people
at their homes to expound Republican doctrines,
in which their faith is only less strong than IL
is in their religion as reliable Republican ma
orfties from 500 to 5000 attest His reiatlons
with them have been particularly friendly, ana
many of them felt that it was simply tile proper
thing to call upon him at his home Immediately
after their arrival in the city. They assembled in
University Park to be formally received in body
The Wabash delegation, which filled thirteen
cars is the second that has come from that county
since General Harrison's campaign receptions be-
gan.
The spolxesmen for the visitors were Captain
| r F. Williams of Wabash, and Dr. L. T. Leach.
of Parke County In his remarks. Captain Will
| Jams mentioned the close friendship between
| Wabash people and General Harrison, saying
| that they had with admiration observed his
| career since 1860, in public and private life, In
| war and in peace. Their visit at tins time was
| TO renew and cultivate the friendship that had
already lasted through Quarter Sn censbpS
| children who had accompanied the delegation,
saving that they were looking for candidate
who was friend to the soldier, 10 'hs nrs,lity
and Christianity, and, therefore, tney came W
General Harrison. In response 0cnerai har''-
son said
My wabash County Friends and my Little Friends from
Park am very glad to meet you here to-day. MY
friend mo has spoken for County has very truly
said that the relations between me and the Republicans
OF that county have always been exceedingly CORDIAL
remember visited your county In 1850 amos'
boy In years altogether boy political experience
then candidate for reporter Of the decisions OIL she
Supreme Court OF this State You had In one OF your
own citizens sfterward distinguished soldier canal
date for ONCE In the convention that nominated me-
your people when, as the nominee CT the parry
came into your county. think from that day 70 this my
been mentioned in any convention FOR any
Office that hayo not the unanimous support OF
tho Republicans Of Wabash County. (Appause) This
is no new Interest which you manifest to-day Tho cx-
presons confidence have been very numerous anu
have been continued through nearly thirty years
There is one word subject that want 70 say
Our Democratic friends tell that there are about nun
dred mlons-theIr athmetlclans do not agree on the
fOr vs.
ernmen has no need They have found only this method
using depositing 1t in the National banks OF the
country be loaned by them TO our citizens at inter-
est getting no Interest whatever from the
banks suggested and IL was not an original sugges-
ton me-Senstor Sherman has advocated the same
policy with great ability In the Senae-thzt this money
be used in buying Government bonds because
| the Government would make some money In applying
IL that way and there other way In which they
| could get any interest on It at all. But IL Is said
II we use in this manner we pay premium to the
bondbolders But Is only the premium that the
bonds are bringing in the market In other words as
said other day. capitalists who can use their money
as they peae-put IL out on mortgage interest or in
any other way-hnk the Government bond at the current
rate OF premium is a good investment for them NOW
the Government can buy these bonds at that premium
and save great deal OF interest VIII not uhoertahe
o give YOU figures issue Of these bonds natures
in 1907 and bears per cent annual Interest NOW
suppose surplus money were to remain all thao 'nio
in the banks without bringing interest to the Goverh
ment here dumb that he cannot see inc
great loss that would result TO the peoplel
have another objection to this policy the nvoritsm
that is involved In it. We have heard-snd from such
h,oh authority that think must accept II as true
that the great patronage spperainng to the ONCE o
President OF the United States involves pubic peril
Now suppose add to that danger hundred millions o
dollars that the Secretary Of the Treasury can put In tn
community or that this bank or that at his pleasure
s not the mower OF the Executive perilousy Increased
Il 1t right that the Of this vast sum snouid DC
matter OF mere that the Secretary snouu p'
allowed TO nut $40 600 600 this surplus in Ind annapolis
and none Of It in Kansas City; or eIoOOoooo IN Ne"
yorh and none I'm Indianapoisi II the money Ia used
buying bonds finds It's natural pacegoes where IL Dc
longs Tbs is a most serious objection to the preen
method Of dealing with the surplus
Bu IL YOU still object to paying the market premium
when we buy these bonds how t works the other way
The banks deposit their bonds in the Treasury 70 seeu
these deposits get the Government money whou' i"S
md s, draw interest on their bonds. II any one OF yo'
had note for $1,000 due in five years bearing inole'
nd vour credit was good that the note was worth
premum and you had 81 200 that you couo not pu ou
ipteres, so as Offset the interest on your hoe
- 80, .ta money by using this surplus to take up tn
note a, fair premiumi Would you think 1t Wise hhahc
- ,o the al 600 that you had hand to your credo
without interest and allow him to deposit your hoOc W."
Won a, security you paying Interest on the ho'o u'
was due and getting interest on your depoSr' 's
ter and appause) - c..x r,er
s nothing fuller Of interest than childhood There Is
much promise and hope in It. Expectancy makes h.e yer
or 70 them and them very interesting to US who nav
go hovord the turn OF life. (Applause) You ar
fortunate in these kind instructors who from week
rsss ns,i into your minds the principles OF religion an
mortv: but do not forget that there is another vine
beauty that may be appropriately twined WIN
o'' -. oo,n,rv and her institutions. (ApL Llause.
hnt vou AGAIN for cordial evidence OF your regard
,s are threatening and there is danger that ou
meeting NAV be interrupted by rain, viii stop mere
t order that may each OF you personally 'Cheer'
fO1la
The customary handshaKihg ioho"e' "a
II o,a tho visit.us returned home late IL
!, ,vvrrrrciTIyG AN INSANE ASYLUM.