Year: 1878




Mr.. PRESIDENT, LADIES AND GEETLFMEN-It is
my habit TO make short speeches and shall not
depart from that habit TO day, especially as am
to be followed by your able CRndidatefor Congress
whom you no doubt all wish TO hear. And in or.
der to be brief shall proceed at once to the con-
sideration of some topics that seem to me should
particularly interestyou.


Before proceeding to discuss the subject which
is now attracting 80 much attention-the financial
question: rs It is called or as It might more pro.
perly be called, the currency question: wish 10
say word or two as to the


NECESSITY OF THE DEMOCRACY MAINTAINING A


MAJORITY IN THE MKT HOUSE OF REPREsBN.


TATIyEs


In Congress. In the present Congress the Repub-
licans have the majority In the Senate and they
have man in the White House called the Presi.
dent, and the Democracy have the majority in the
House Of Representatives, While the Republicans
have both the Senate and the President, yet the
Democratic House has succeeded in fOTcing-fI
may use that expIes iOn-the passage of several
measures of great importance TO the people and
which l thiI will result in great bereft to the
country. That has been done because that House
was Democratic, for those measures could not
have been passed had it been Republican.


Now, you may think it a little Strange that the
House Of Representatives should be able thus to
control so to speak The Senate which is Republican
and the President, who is a Repub lean. Butmy
friends, that results from This iaci Under our
system of govern ment the House of Representa-
tves may be said TO hold the puIse.strings Of the
Nation All bills to raise revenues and ali appro
priation bills must originate in that House. They
cannot originate in the Senate and therefore that
party which has the House of Reprtsentativ
has 1t in its power to fix conditions to grants Of
| the peoples money which the other departments
the government must aCcede to- If they would se-
cure an appropriation. In other words our House
OF Representatives can exercise that power which
has teen exercised for many centuries by the
British House OF Commons, and to the exercise Of
which the British people own nearly all the liber-
ty they possess.


Let me give you an illustration. One year ago
there was on our statute book law under which
the President Of the United States, upon the con.
struction given to 1t by the late Administration,
could employ the army of the United States-your
soldiers, enlisted to fight your battles, and paid
out OF your purses-in controlling the election in
the States. And the ute of the army for that pur-
| pose in the South became so fragrant that the
| whole country almost raised up To condemn IT,
But yet there stood the statute unrepealed, and II
| would have remained unrepealed TO this day had
1t not been for the Democratic House of Represen-
tatiVes which put in the appropriation bill for the
| army provision ~ stop misuse of your BOldiery,
and the Senate bad TO take the bill with that pro-
hlbltion in it, ana the President had to take It or
| lose the appropriation. IL was an exercise of the
| constitutional right flhe House 10 graft money
| upon condition and requiring that that condi.
ton should be acceded 10 If they would have the
money,


Now, my friends, this power Of the House over
the puTSe-stringS OF the Nation makes 1t more i'm
| pUrtant that you should have Democratic House
| Of Representatives than that yOu should have o
| Democratic Senate II you had to choose between
| the twO-a Democratic Senate and a Republi-
| can House, or Democratic House and Republi-
can Senate, you ought not to hesitate for one mo.
| ment tOsay, We Will take the Democratic House."
| But 1t is much more to he desired that we shall
have both. Now, alter the 4th OF March next we
| will have The Senate by not less than six majority
| probably more. We will hs We the Senate firmly
for at least four years, If not for six and hope
| for much longer time. And Il you elect a ma
! jOrily Of Democrats to the House of Representa-
| Iives, then we will have the legislative depart
| meGt in our power, And then, gentlemen, you
may look with some reasonable degree OF hope
for those measures of relief TO the people which 1t
| is the province of the Democratic party TO bring
| forward and carry into law.


! But there If anSther reason why you should all
work to have Democratic majority in the House
III the next Con- oress and that is that the House
To be elected this fall will be the House In exis.
| en' when the votes are to be counted in the
Ut Xt presidential election. When the votes were
| last counted the Senate was Republican and the
| House Democratic, and the result was from neces-
| bity that famous Electoral Commission which has
| now become historical wont exactly say Of II
as heard Democrat say the other day on the
| slump-histOriCally damned. lLaughterl
We will have, as l say. a Democratic Senate,
when the next count takes place, and II the Re-
publiGans have the House. we will be In precisely
| the same condition we were in two years ago-A
| Wutfp aNnv v,pIS ,lw,
try into civil war over the count Of the election.
Now 1t is the duty OF every good citizen tn strive
TO prevent such state Of affairs again, If there
snail be Democratic House of Representatives in
existence when the next count takes place. there
will be no such deadlock as that which occurred
two years ago; no necessity for creating an Elec-
tOral CommiSSlOni no necessity whatever for ex-
erc'sing doubtful poweSs, but the count will be
fairly and honestly made, and he who shall have
received majority Of the electoral votes will be
lnaugurated. There will be no doubt about that.
For these reasons II Is Of the utmost importance
that the next House Of Representatives should be
Democratic and in view of that as we'll as in view
of the principles that will be supported by a Dem
0cratc representative, that will be enforced by o
DemOGlattc representative, and that would be op-
posed by Republican representative 1 feel at
liberty as citizen OF Ohio, and as one Of your
representatives In the Senate, l feel entitled TO
adJure every one who believes as / dO-eVery
Democrat and every other man who cOincides
with me on the currency question especially to





the success Of your nominee, General Warner
LApplauNe.]


No one denies his ability, no one doubts his
learning, No man in the State perhaps has made
the subject of finance and currency more offs pro-
found study than he has done He will do honor
10 this district should he be elected and what is
more, he will be benefit to the people. think,
therefore, that am not departing from my pro.
per province in urging every one TO work for his
election, and to work diligently.


Having said this much upon that subject, I now
proceed at once to speak of


THE CURRENCY QUESTION


There are number Of other questions, but /
shall not have time to speak Of them to-day,
and shall contine myself principally TO the discus
sion OF this question OF currency In what have
to saw.


The Democratic convention that assembled this
year adopted q platform which maintains the
doctrines OF the Democracy upon the subject Of
currency.


Ineed not read IT over at large, but proceed to
Its great distinguishing feature It's greal practical
feature and that is that II proposes to substitute
green backs Issued BY the government In place OF
National bank notes II opposes the issue OF any
bank notes, by either State or Federal authority,
and insists that all our money, whether 1t be me.
tallic money or whether 1t be paper money, shall
be Issued by the Federal Government, and in Or
der that that may be the case-that the National
bank notes shall give way and be substituted by
greenbacks.


Now, my friends, think this ls q wise propo-
sitOn. l think so for several reasons which
will proceed very briefly to state. You see that
this .. -.
Is NOT QUESTION BETWEEN HARD MONEY AND


SOFT MONEY.


It question between one kind Of paper mon.
ey and another kind OF paper money. Ifs ques.
ton between the greenbaek and the National
bank note, as to which Of Them shall be our paper



Now, the first thing to which wish to call your
attention is, that the National banks, so far as
their circulation is concerned, are founded upon
the national debt That Is to, say they must de-
pOsit bonds Of The United States with the TTessu-
Ter of The United States, and upon that deposit
they receive ninety per cent in bank notes on
the amount deposited The bonds thus deposited
fOIm a seCurity-and admit very good one for