Year: 1878

weight and fineness then fixed b


law. Upon this subject have n


new opinions to express. In IN.


letter accepting the st. Louis nomi


nation for Vice President / said


"GOld and silver are the real stan


dard of value.n Indeed / WOult


rejoice if our supply of the preciou


metals were sufficient for the want
| OF our trade and commerce. Blu


we all know that il is insufficient


and that we may also have a pa


per currency, and therefore l hav'


opposed the policy of a forced re


sumption of specie payments, baseC


upon contraction, by withdrawing


the Treasury note from circulation


The Treasury note has been a SAFE


currency, and the people have had


confidence in it, and have not asked


for it redemption. While il Is q


safe currency, it is also a CHEAP


currency in the sense that il does


not represent an interest-bearing


obligation of the Government. In


that respect, and in the respect that


it is legal tender, it is better


currency than the National Bank


note. Because of these views,


have urged the repeal not only OF
the resumption clause, but also of


the provision that sought to sub
stitute bank notes for the outstand-
ing Treasury notes.


No higher duty rests upon the
legislation Of this country than the
prompt and final settlement of fl
noroioI r,ro-fso,,S tapO, A r;,,bf md
permanent basis. From the farm
and the shop and the market place
there comes the earnest appeal for
final decision that thus far as may
be, finances may be taken from pol
itics, so that under stable adjust
ment confidence and prosperity
may return TO every interest.


/ saw this morning that the
House Committee has prepared a
bill to be reported to the House at
once, of the greatest importance. II
is bill to provide, by ample ma
chinery, the substitution ofTreasury
notes for the entire volume of out
standing National Bank notes.
Should that bill become a law, for
its provisions seem very reasonable,
then there will be i'm operation two
which viii be felt by the
business interests of this country.
The Silver Bill is to become a law,
and then every month, if Sherman
will obey the commands of Congress,
the silver will come out over the
country and through the channels
of trade like the red blood that goes
through a mans veins, giving him
life and vitality. Then, also, under
the other bills will be the process of
Treasury notes for the
bank notes.


In all the discussions | have had
upon this subject. / have sought TO
avoid any reference to sectional di
vision, and / shall regret 1t upon
the fnancial question and interests
Of the country there shall come to
be a division of sentiment known as
sectional. Every sectional division
IS hurtful to our country, but the
West has interests that it must re- |
gard, and the Western people, l I
speak of the Democrats and large /
body of Republicans, ought to have /
1 restoration of money, the silver
of the country; that we
ought to have a repeal Of the Re !
Law, and that we ought |
o have a substitution of Treasury |
notes for bank notes. The West |
stands upon this demand, and il /
,ught to be accepted by all sections
If the country. This is a Conven-
ion, Irepeat, Of greatimportance.
What you do to-day i think will be
'atified in the State of Indiana i'm
october by q larger vote than il has
lone in the Democratic victories
or many years, and perhaps than
9Ver before in the State. You owe
t to the people to select your ticket
With great care, so it will com
nand the approval of their judg-
nent, and the public service will
,e safe i'm the hands of the men you
elect, for they will be elected.


Gentlemen of the convention, you
will this day inaugurate a political
Ontest Of exceeding great interest.
You and | believe that the result
will affect the interests of the people
n high degree, both in respect to
he public service and to individual
Will you allow me to
ay that while we will maintain the
Ontest with determination and
ITmneSs until we achieve success,
We will do so in the spirit of kind
less, courtesy and respect toward
hose who differ with us. You and


know that thousands of good citi-
EMS and sincere men opposed to us
hat prejudice hangs like a dark
loud between them and the Demo-
ratio party, so that they cannot
ldge of us correctly yet they are as
incere in their opinions as we are.
Iet us set before our opponents an
xample worthy of imitation.
While we may not approach our
ppOnents in respect to their p0liti-
al doctrines and partisan purposes,
nay we not come nearer to them in
ersonal attachment as fellow citi-
ems ? Again l thank you for the
onor yOu have done me.