Year: 1868




again, they are crazy for them. They say,
put us out your greenbacks by the bushel,
pour them out Wholesale TO the people
we can't have too many of them--lower
the money value as much as possible; de.
stroy the finances of the country, for the
only end of their schemes is the total dis
ruptiOn of the country, and believe that
is what they, in common with every
rebel, want. l"ThatS 50" and applause


My friends we have carried on the work
and conquered the rebellion, but | do not
want to risk that success by surTondering
the control into the hands of those who
fought against and schemed against that
war, [Cries Of "Ncver never."li do not
want to turn over the control cf this
country into the hands of men who call
theselves Democrats, and who are traitors
to the name and who do not love their
country. ''I


What shall be doneg Why, wemust 20
right straight on as we have done. We
issued grcenbacks to pay for the war, we
issued the bonds TO borrow money to pay
the greenbacks, and we taxed the people
to pay the interests of the bonds. And
the people bore it bravely. We did tax
the people Laughter and cries of "True
for ye, You're right We taxed nearly
everything you eat, and drink, and wear,
but we carried on the war with the money
We kept the armies and navies larger
than was desirable since then because it
was necessary to keep the rebels In sub
lection But see what else we have done.
We have paid over two hundred and fifty
millions of the national debt since 1865
Wercduced taxes one hundred and seventy
millions of dollars. Nay, we have taken
one hundred and seventy millions of taxes
off from the people annually every year
since 1885. More,


In 1868, there were nearly 10000 differ.
ent articles subject to tax, besides the tariff
duties, to carry on the Republic.


How is ii nowY We have abolished
nearly the entire schedule. Good"
"good.'1 We only tax now, spirits, fer
mented liquors, alcohol, u few cosmetics,
manufactured tobacco, and few confec
tioneries-and that is all the Government
is taxing the people for lCheers; APP
plause We have taken off the manufhc
turers' tax, and the cotton tax that bore
so heavily on our home industry, and we
have removed the taxes from nearly 5000
different articles On the tax list of 1865
Yet the Democratic party cries cut to-day
that the people are taxed to death How
are yon so terribly taXedY Why, Ill tell
you. They tax every mans income And
how much? Why every man in this great
country who does not make frlors than
81 1000 year, clear profit over his e&
penses, they do not tax at all.


We have relieved every man from pay
ing any taxes who makes less than
thousand dollars Il year profit We make
him pay no income tax at all. II man
receives over one thousand dollars we do
fnNs a l., D,,t
we don't tax the laboring man, and no
poor person. Let any one ask any labor
ing man if he pays any tax at all. He will
answer, Mot q dollar" If one goes and
buys glass of liquor OF q cigar, he pays
the tax on highwines and on tobacco. If
he buys any manufactured article any
agricultural implements, he pays not a
dollar of tax to the National Government.
Why is, then, all this foolish talk, all these
nonsensical declarations from one end of
the cotntry to the other, about peo-
pie oppressed with taxes. 1t is not true,
We are taxed enough to pay tile interest
We pay an income tax of five per cent.
We pay the whisky tax and tobacco tax,
and tax on foreign importations. The
licence tax must be taken out, and that is
all that has to be taken out except one
for grain importation. But you must not
be talked to about this. Three hundred
and sixty million dollars in gold ask
the Democratic party-if you can-tO take
that tax Off Three hundred and sixty
millions in gold Are you going to tax
the people directlyy You may directly
tax them if you take it from foreign i'm
portations. They are opposed to foreign
taxation, But they do not know what
they mean themselves. / know that these
burdens have been imposed upoti us by
the necessities of war, but our people are
not complaining, and we have to meet the
responsibilities as honest men and are
willing and able to pay that debt. The
Democratic party say that they know a
great many Republicans who are willing
to act with them in paying the national
greenbacks are good, Is not green
back Just as good as a gold dollar
| say that a greenbark is promise to pay
a gold dollar-is just as good when it is at
par. 1 would just as soon have it as a
gold dollar and ] would just as soon pay
the debt in greenbacks if they were at par.
That is the reason that they wish to pay
it in greenbacks. They know that they
are below par. They know that Off ma
tional debt is not due, and will not be due
for nine years. Five hundted and fifteen
millions of dollars from the 10th of August
last was subject to payment. We could
call it back If we had money to pay it
with. We cannot take the debt UP unless
we have money to pay it with. But Pen
| dleton says, eco to work and issue five
| hundred and fifteen millions of green
backs" AS we have four hundred mil
lions of greenbacks, and three hundred
millions of National bank notes in circu
lation, we have all we want. Why die
you put it on the market if you wanted tc
pay it in greenbacks? Why-they say
because it is below par. They say II is not
worth dollar. 1t would only be worth
half a dollar or less if it was issued. Take
these Treasury notes in payment of these
bonds, and they will make clear profit
by selling their honor. would not do 1t,
for one win pay that national debt in
good faith so far as my vote will enable
me to do it, / don't owna National bond
I but / respect the National credit and
/ character. want to preserve it. do
not want to bring it down for the purpose
of specializing out of the National credit
and this party will never agree TO do this
dishonorable thing. Cheers.


/ Well, now, my fellow countrymen, we
present you Gen, Grant-a man with cool
head, clear mind, a noble, honest mod
est, moral man-for our candidate for the
President of the United States. He is q
man of the people; an earnest, simple
kind-hearted man, with great mind, with
gigantic intellect and good and noble
soul. The Americans say "Gen. Grant
we owe you debt of gratitude. You
led our armies to victory you fought side
by side with our soldiers you fought
nobly for the Republic You went through
the war; and your courage, your man
hoood, and your gallantry saved the
Republic, and put the rebellion down
And now we ask you TO accept the
office of President of the United States
as manifestation of the gratitude tina
the people bear TO you"


We propose on the ticket with Gen Grant
Mr.. COlfaX-anOther man who has TiseI
up from the humble walks Of lite-l
patriot, statesman, and good mans
man whose sympathies are with the sym
pathies of the lOwly, for the preservation
- A. honor af fha Rannhlia--a nnhll