Year: 1878

what political party the Wfltef De- longed to. To extend this courtesy and attention to all alike had been his aim, and often he had kept his pen going and remained up the eu- tire night answering letters.

 When he entered Congress mail facilities in this State were in de- plorable condition. He had devoted much attention to this matter, and his work had effected changes Of which he was proud. He had effect ed the establishment of more new routes, had secured the appointment of more Democratic post masters and had established more money order post offices than any member of Congress in the same length of time.

 Usually when he addressed his constituency he discussea the Tariff our Railroad interest. and other rul- ing issues, in addition to the Finan ees of the country. Tonight he would confine himself to the great, absorbing question of the day-the National Finances.

 The position of the two great po- litical parties-the Republicans and Democrats-are clearly defined and ill marked contrast on this subject. The Republicans favor single hard money, or metallic, standard, to-wit: Gold. They therefore demonetized silver. They are opposed to making Greenbacks a legal tender. Not only this, but they are in favor ot the resumption act. This resump tion act was passed by the Republi cans in 1875, and most of them ap- prove it yet. They also approve and uphold the National Bank law-the most disastrous, oppressive and de- moralizlng act upon the business interests and industrial welfare of the country, of any act passed since the war. There arc about 20S0 of these banks, consuming with thelr large profits the profits of all the in dustriai and commercial occupations of the land. They get. first, } per cent. interest in gold upon the bonds which they purchase and deposit to secure their cIrculation; and then upon their circulation they make not less than ten per cent-making sixteen per cent upon their capital. They control the circulating curren- cy as they please, making it plenti fui os scarce just as their own inter e5ts may demand. The Republicans favor continuing this enormous spec ulating machine.

 The Democrats in contra distinc- ton to the Republicans favor a double metallic standard We want both gold and silver to be full legal tender and free coinage of both. We also favor making greenbacks a full legal tender We favor the re- peal of the National Bank law. If there are any so-called greenbackers present. he will say to them that if he understands their views and de- mands, he has no issue to make with them. He thinks they are right, because they are democratic in their views, and because their currency views are sound and are about the same as the currency views of the great Democratic party. Last ses- sion silver was remonetized by the Bland Silver Bill. Through Demo cratic effort and influence, last Con gross has also made greenbacks a full legal tender, to take effect from and after Oct. 1st. We have also practically repealed the resumption act The lower house passed an act absolutely repeating the act, but it was amended by the Senate. The amendments did not destroy the effect of the bill to practically do away with resumption. Under it the burning of the legal tender notes is stopped and they are all to be kept in circulation. More: Judge Ewing's bill made it the duty of the Treasury Department to replace the National Bank currency with green backs, but this measure was defeated in the Senate. The Democrats all supported it. Not only this but we have made it the duty of the govern ment to buy silver bullion with non interest bearing certificates, equal to greenbacks, thus adding to the cir culating medium. The Treasury under this law must coin not less than two million nor more than four