Year: 1879

mocracy, on the contrary, puts the conduct
OF the financial affairs of the business and
Industries OF the country ut large in its
own hands to expand and contract accord
ing to Its own necessities aud the uncon-
trollable laws of trade, more or less variant
IN different sections, and hence more or
less adapted to the wants and interests of
each section. The State Legislatures in
corporated the banking institutions of the
country, which, in the enli ightonmcnt of the
times, will only permit such variations
from the common standard of chartered
privileges. and requirements as the special
industries and necessities of the case NAV
demand d! aud Justify"


THE CAMPAIGN OF 1880.


$50 far as can sec," continued tho
Governor, 81 do not recognize the neces-
slty just now of the Democratic party tax
ing on its back the responsibility of the
financial question. Tho Republicans as
whole have shaped out the financial problem
which they now claim is success. Let
us not meddle with it, but give it a fair
chance Of success. If they have brought
the country to deaths door in achieving
1t let us at least strive not to make it nm
actual funeral, whereas it will in such an
emergency become our funeral no less
than theirs. Let us look to the perma-
nent interest of the whole country, aud en-
deavor, whether we win or loose, to deserve
we'll Of the whole country.


81 am convinced we can win in 1884. IF
the Democratic party Of tho Union will
have done with meu of expediency and
learn to toe the mark squarely and fairly
on esta olished principles, and I know no
better school than the old-linc Jackson
Democracy. Then let us put good trusty
men in nomination, fearlcssly avow our
principles, and show ourselves worthy of
trust BY being willing to take defeat at the
hands of the people should they disapprove
OF our policy. 4 Constitutional rule,
sey;gouernmeht antl no scctionalism should
be the sum and substance of our platform.
fitted to good, honorable trusted and tried
standard-bearers, it matters not whether
they be from tho East or West. I have
no patient with an Eastern Democracy,
and Western Democracy,a Northern De-
mocracy and Southern Democracy.-
1T IS no Democracy at all that is not as
iDide as tic ,chote country. Uutil we can
find an Eastern constitution and Western
constitution, or Northern or Southern consti
tuition OF the United States, let us have
done with this sectional Democracy, which
means aud ought to mean certain defeat
Let us trust the people with the matter
and believe the sober second thought of
the people of this great country will 60
back to the Constitution of our fathers
with one conLent and find in its wide bo.
som what we all want, with the execution
ofa class of wicked mischief efmakers-:'peac
blessed hcaOen-born peace"


HONESTY THE BEST POLICY.


The Governor then, of his own accord,
turned to consideration of the State debt
and its being met squarely. He said he be.
gan lis administration advising and ad-
vocating the broadest generosity to the pub
lie creditor in the interest of the people of
tho State themselves Nothing could
make him believe that the people of South
Carolina, if let alone, would do wrong
in this matter. "The whole deLt, lust az
it is, could be carried by the people, and
they ioonlt find IL more to their interest in the
end to carry the last dollar eft as it stood
than to repucliate or seem to repudiate one
dollar oft. Even if there was no other
consideration, no higher one, we were too
poor not to protect our credit even from
scandal. Still further, the political atti.
tude of 1880 demanded that we should not
add to our troubles the influence of com.
mercial men against us in our final strug-
gle fer righteous government and home
rule.


"When I first went to Washington to
see MIR. Hayes" said tho Governor, "the
commercial men of the North sent dele
cation ahead of me urging the President
to recognize my government in the interest
of intelligent and honest rule. found
their good word had proven, as it ought to
have done, potent with the Chief Execu-
tive. H seems to me to come IN bad grace
from our people now to turn their backs
fatty against this same class which, wheth-
or our bonds were issued regularly or irreg.
ularly, is in possession of them, shorn down
in amount by an accommodation, adopted
during the Radical rule, between the State
and her creditors, 80 as to leave the State
two millions l.ss debt than her unauestion.
ed obligations foot up. This is fact we
cant get away from, and should we brave.
ly 90 forward and show our determination
TO meet the last dollar, am convinced that
arrangements can be made, through the old
EuoIiah fnapcsol onacts 20 A. c. a.