Sacramento daily record-union., 1888-10-16
HOME AFFAIRS.
CHICAGO MILLS FAST GRINDING
OUT NEW VOTERS.
More Rioting by Street-Car Strikers
Thurman on the stump
Suicide of Rabbi.
SPECIAL DISPATCHES nc TsR REcoRD-uSIeN.i
DOING a LITTLE "NAILISG."
Blaine Draws the Record Against ORe of
n >,
Blaine Draws the Record Against One of
Roger O.'s Assertions.

Blaine Draws the RECORD Against one OF
Roger Q.'s Assertions.
New ALBANY Ind.) j October 15th.-Inclement
weather interfered somewhat with the demon
stration here on the arrival of Hon. James G.
Blaine, General A. 2. Hoyey, " Corporal" Tan
ner, General Adam E. King and A. Snowden.
Toward noon the rain abated, and the thou
sands of visitors from Louisville Jeffersonyille,
Charleston, Madison, Corydon aud other neigh
boring points tramped about the muddy streets.
At o'clock Blaine and General Hoyey held a
public reception at the Union Hotel around
which several thousand people clamored. After
shaking hands for while, Blaine thanked the
assemblage for the cordial welcome extended
General Hovey and himself and returned to
ex-Congressman CulbeHon's residence, where
he received many callers during the day.
Notwithstanding the unfavorable condition
of the streets the parade IN the afternoon was
declared by citizens to be the largest aud m0si
imposing demonstration in the history of tie
city. Blaine reviewed the procession from the
balcony of Culberson's residence. The process
sion was forty minutes in passing. Several
thousand marchers were in line.
mass meeting was held, at which 1t was es-
timated from 10000 to 1900 people were pre-
sented. Blaine arrived at $3.50, and was given
an ovation. He was in good voice, and spoke
substantially as follows:
BLAINE's SPEECH.
Mr. Chairman: Last Wednesday at Goshen.
Ind, stated that Mr.. Havemeyer, President of
the sugar Trust, had appeared before the Ways
and Means Committee when the tariff bill was
~AttAeNS't
cured an arrangement bv which 5000, 600 were
put into the pockets of that trust. Mr.. Mills,
Chairman ofthe Ways and Means Committee, in
q special card printed this morning in the Lou
isville papers, denies that Havemeyer ever ap-
peared before that committee, or that any such
arrangement as l have spoken of was made for
his benefit. l do not know what Mr.. Mills
means by this denial, unless it is that
Havemeyer never appeared before the full COM
mittee when in regular session. If he means
that he did not appear before members of the
tl,..,, H.
contradicted not by myself but by the Congress
siOnGl Record. On page 6,5OS of the Congressional
Record for the current session, issued on July
10th, debate is reported in which Brecken-
ridge of Arkansas member OF the Ways and
and Means Committee, admitted that he invited
Havemeyer and his attorney to the room of the
the Committee on Ways aud Means on the 18th
of April to talk over the sugar tariff; and
Breckenridge of Kentucky, another member of
the same committee admitted having met
Havemeyer and his attorney at another time.
All that / stated is substantiGted by what now
quote. and in consequence the sugar standard
changed from No. Is originally reported
and printed in the tariff bill to No. l6, as re-
ported by the Ways and Means Committee,
and as it passed the House-and it was
in this change that Senator Allison finds
the six millions of dollars that Mills COM
mittee put in the pockets of the trust l
may take Mr.. Mills denial, if he chooses
that Havemeyer never appeared before him, but
here were two members of the Ways and Means
Committee who openly acknowledged that they
an attorney who was skilled in every feature of
the sugar tariff, and not only knew what points
were ADVANTAGEOUS to the Government, but also
knew still further what points were advantage
| GUS to the trust The latter points seem to have
| been adopted by the Ways and Means Commit
! tee, though perhaps Mr.. Mills did not know it.
| Laughter and cheers.
find also in the papers to-day report of a
/ leu uocratic meeting in New York before which
| Fairfield the Secretary of the Treasury, ap-
peared to defend his policy of loaning sixty
iilions Of the peoples money 10 certain pet
banks without interest. bis defense consists
| chiefly in proving that l overstated the amount
| that these banks could make out of that trans
action He says that | calculated the interest
on the whole sixty Millions whereas the banks
are compelled to keep % per cent. in their
vaults. The poor banks what hardships they
have to endure Laughter and cheers. /
| think FairchildS answer is perfectly amazing,
| and it recalls to me the soliloquy of a PARTY
who drew a $4,000 prize in a lottery few years
ago, when the habit was to deduct 15 per cent.
| was he says, that did not draw SO 600 1t
would have ruined me TO pay the premium" I"
| Laughter and cheers.
Fairchild does not frankly and manfully con-
front the issue. He does not state to the people
! how the banks could afford to buy Government
| bonds when the Government itself could not
afford it; II il was an advantageous proceed
| ing for these banks to invest sixty million dol
| lars in Government bonds, why was it not still
more advantageous for the Government to do it?
| fCheers. press this question upon Mr.. Fair
| chliQ, Tor ne mas not answered why, II the
| banks could make from TO 20 per cent. upon
| the purchase of United States iours, the Treas
ury Department could not make much
| lcheersl, when by doing what the banks do he
| could have wiped out sixty millions of the
public debt. fCheers press this question be-
| cause it is pertinent question. General Harri.
son son mac made weilgron5nded aGcusati9n
accused the national Administration of
"BURNING THE SURPLUS"
| If Fairchild had invested sixty millions in
| Government bonds it would not have appeared
! in the surplus, but if he loaned il to pet banks
| to get rid of which they must destroy the pro-
| tcctive tariff. There is a very suggestive point
| bearing on that, to which beg to call Mr.. Fair
| child's attention. Between March, 1885, and
! June 30, 1886 -four months from President
| Cleveland's inaugurationl, the surplus in the
| Treasury increased s95000,000, and the public
debt was only reduced S50,000,000. OF this $50
! 100000, forty four and one-half millions were
| compulsory purchases fer the sinking fund.
| The further fact is revealed that there was at
| that very date S50,000,000 of three-per-cent.
| bonds that could have been called in at par
| and they were left in the hands of private
| holders, drawing interest. aud in order that the
| bugbear of the surplus might be raised and-as
General Harrison says-"carefully nursed."
Mr.. Blaine said that when the Democratic
| party came into power four years ago it had
| found no surplus at all, though during the cam
| paign of 1884 the Democratic speakers had
placed the alleged surplus at four hundred mill
| ions. The policy of President Cleveland's Ad-
ministratiOn was to accumulate a surplus.
| which could have been avoided by pairing of
| bonds as they became due.
FINANCIAL NUMBsKULLs.
| Mr. Blaine then said l believe, Mr. Chair
| man, that there never was an administration OF
| the Treasury Department that showed so little
| practical comprehension of the condition of the
| country-one that had been so filed and
permeated with that offensive conceit which
always marks the. e.theoretical free trader fG, eat
! cheer ng. / said before, and l repeat il now,
| that II Republican Secretary of the Treasury
had loaned sixty millions to pet banks all over
| party-if they controlled the House of Repre-
sentative-would have moved to impeach him.
| and believe it. Cries of That's SO p'l | do
| not say that Republicans would so treat Secre-
| tary Fairchild, had they control of the House,
because Republicans are not fond of violent
methods, but are accustomed to proceeding
| with caution and moderation in public affairs.
| They don't wish to impeach him before the
! Senate, but they impeach him before
| the high Iourt of the people tor hav-
| ing done that which was plainly
against the public interest and for having failed
| to respond to the precedents set by former Sec
retarles of the Treasury in faithful and con-
stantly applying the surplus to the reduction OF
| the public debt" Cheers
| Mr.. Blaine concluded with some reference to
the tarlH and its relations to industrial interests
| in the vicinity of New Albany.
| In the evening there was torchlight parade
| and General HoVey and Corporal Tanner ad-
| dressed large audience at Mascot Hail.
| Mr Blaine and his party leave for LAFAYETTE