The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1896-06-05
CENTRE What is the use to bark up o tres

The plank was stricken out.
Hon. Charles E. Allen of Dresden in 3
neat speech presented the name of Hon.
Luther G. Bateman, and moved his
nomination as the Populist candidate fo,
governor.
Scion Chase sec onded the nomination
OF Mr.. bateman, and spoke of his
brilliant work On the stump twenty years
ago.
John M. Todd said he had proposed tc
nominate Mr.. Bateman himself. He had
taken Mr.. Bateman's paper, the Maine
Popullst, ever since it started. "'Batemar
sends 1t to me free," he added, and
brought down the house. Brother Bate.
man. God help you," he said in con.
clusion.
MIR. Bateman was nominated by accla
nation, and was escorted to the platform
by Mr.. Allen and Mr.. Campion. He was
introduce by DR.. Lancaster as THE man
we propose to go on nominating until he
is elected governor Of Maine.'
He said in part:
1t has been well said that we are upon
the eve OF one of the most momentous
political contests ever known in the his
tory OF our country. From the day when
our forefathers declared to King Georges
that all men are created free and equal,
there have been two political parties
whose principles are diametrically oppo-
site, and upon the ultimate success of
the one or the other must depend the
perpetuity Of American liberty. The pol
Icy which the Republican party is now
trying to carry into execution did not
originate with the leaders of that party
today. TO Alexander Hamilton, than
whom no more brilliant man our coun-
try has ever produced, belongs the credit
Of first establishing that system which is
at this time entwining its fatal coils
around the very vitals of our nation. A
monarchist BY open profession, it was he
who appeared in the convention which
framed tho constitution, and boldly de-
mauded President and Senate for life,
whose duty it should be to appoint the
governors of the States, and with the
power to veto State laws not suited tc
The. purpose of centralized government.
When the elder Adams, who also leaned
towards MONARCHY, asserted that tie
British government stripped of its COR
ruption was the wisest and best ever
formed by man, Hamilton replied by
saying that the Britt sh government
stripped of corruption would be imprac-
tlcabIe; but with its corruption it was
the best that ever existed. Defeated in
his bold and INSCRIPTIONS design of
| founding monarchy, he bent his untir-
Ing energies to discover another method
OF carrying into execution his unholy
ambition. His far seeing mind soon de-
tected that given the power to control
| the financial policy of nation, it mat
tered but little who made its other laws.
| He saw that he could attain the end fol
which he sought oy u far more insidious
| method, and one less calculated to
arouse opposition from the unthinkine
masses. His first move after attaining
the position OF Secretary Of the Treasury
| was to adopt the fundingE system Of the
British government; policy that has
since been carried ont on far gran'lel
scale by his feeble imitators, John Sher
| man and Grover Cleveland.
After securely riyeting that monarch
cal Institution upon the country, he nexi
turned his attention to establishing q
great central power that could control
the finances of the people. This was tbs
| United States Bank. The battle fought
| over this proposition was long and bitter,
and was not settled until the admins
tration of Andrew Jackson. l use the
| term settled" but it was not settled
even then. The seed that had been sow Il
! by the skillful hand Of Hamilton was
destined to again spring into new life
| under circumstances more favorable tC
| its termination and growth. The same
power that apparently died under the
veto of the patriot, Jackson. still lives In
a far more dangerous form under the fos-
tering care of the two old parties today.
| The United States bank with Ats capital
| of ten million dollars Is to-day supplanted
| by 5000 national banks welding capital
of more than two billions of dollars.
The constitution of our country says that
| it shall be in the power of Congress to
coin money and regulate the value there
| of. Under the rule of dominant existing
parties the constitution is regarded not
| rs the source Of this authority, out as g
| shackle upon their power. Classic my
! theology tolls US of the rebellion of the
Titans, against the power of Jupiter,
which threatened to destroy the uni
verse. The same all peryading principle,
this tendency Of the delegated power tC
war against the creating power, is today
| menacing our form of government with
| destruction.
| The first two years of he late war is
| the one bright spot in our financial his
tory. 1t was then that the greenbaok
| sprung into existence full fledged, like
Minerva from the brain Of jupiter. II
| lis tie fires Of every forge and every fur
uace in our land. 1t unfurled the rot
WING ettAlo VI CFDty SuIps dAu EIOuEA
new oues into existence until every
Southern port was closed by blockade.
| 1t whitened every sea with our com
| merce. 1t raised the finest armies that
| the world had ever seen, and sent them
| to srapple with rebellion upon rehellious
soil. But long before the dying members
of war had ceased to glow, while Grant
and his hardy veterans were graphing
with Lee in the Wilderness, and Sherman
was marching from Atlanta to the sea,
the hoarse cry went up from Wall street
that the greenback must bs destroyed.
From thar day to this AN unceasing war
fare has been waged against the peoples
money. 1t matters not whether it be the
Que party or tho other in power, the
same cry goes up and the same battle
| goes on. The present warfare against sill
yer is only d small part of the mighty
struggle. The original contract WITH
the bondholder has Eeen deliberately
changed, SO that he is today receiving
his pay in money worth more than
donble that in which the debt was con-
tracted. In 1865 it took seven million
barrels Of -four to pay the interest on the
public debt at six per cent. Today with
the interest at three per cent. it requires
thirteen million barrels of -four to pay
the interest ON one half he original debt.
Our people are rapidly reaching a con-
dition of absolute sertdom, while the few
are rolling in luxury and wealth. Have
a care, gentlemen, for the examples OF