Year: 1878

i The same distress exists in Il
I greater degree in Great Britall


France. Germany. and all eiyilize


nations, whatever may be their form


of currency or standards Of valu'


Modern inventions which suppl


wonderful machinery which consume


only water and coal, as G substitut
for the skilled mechanic, have grea'
Ily diminished the occupation of il


Dor. Fewer laborers are required fc


the same work. The only remed.


would seem to be TO pursue new II


dustries and seek new markets to b


supplied. Our own country is bless


ed with cheap lands inviting labol


and the energy Of our own people, q


l have shown, is already discoverinI


increased employment in supplying


productions heretofore made abroad


and in sending ouc home production


to foreign countries. All tina. tb


Government can do within its limit
ed powers it ought to do to encour
age, protect and foster labor.


And I can say Of our laws and il
stitutions they are far more favorable
to the laboring man than those Of AM
other country, and any idea, or re
form, or measure that is proposed tC
relieve and protect labor finds il th'
Republican party its earnest snc
sympathetic advocate. That party
has done more for the protection and
development Of labor than any other
Our Constitution and laws guaran
tee to every man equal civil and po
litieal rights. Property is more
equally distributed than elsewhere
except in France, and excluding the
negroes, who but recently acquired
the right to vote, greater portion ol
our citizens ara property holders
More than two.third5 Of our voters,
with this exception, are property
holders, and the rest want to be,
hope to be, and can be. This coun-
try of ours is not the permanent field
for tramps and Communists. Our
laws for the distribution of property
tend directly and rapidly to distrib-
ute large estates. Property here is
required to pay more tribute to labor
than in any other country in the
world.


PROPERTY EDUCATE5


the children, maintains oil your char
table institutions, maintains your
streets, roads aud local improve
ments, aud all parts of national,
State and local government. The
very few taxes that attach TO those
who have 20 property are on whisky,
tobacco, and beer, which are yolun-
tary taxes If the government can
do more to protect labor, it will 1t
offers to every citizen a homestead
on the public lands. II offers every
man az equal chance Every Office
and honor is open to equal competi-
,ion, and il gives to no man right, IL
tie or advantage, except what he
himself acquires. This is all that a
free government can do. 1t cannot
take the property of the rich and d.
vide il among the poor 1t cannot,
as is proposed, take the public treas
ure, collected by taxes, and distrib-
ute it any other way except for the
limited proper objects provided for
by the Constitution. 1t cannot con-
troll contracts men make with each
other, except where they are grossly
immoral or violate public policy. It's
Office is spent when it secures freedom,
equality and equal chance in the
race Of life. While the sympathies
Of the Republican party must ever
be with the laboring man, il cannot
violate the fundamental principles of
free government to favor any class,
or refuse TO protect any class 10 the
Of life, property and the
fruits of their own labor.


Ia the general management of your
affairs the Republican party has
done all that it could do to develop
the national resources and maintain
the national honor. to protect all men
in equal rights, to secure to all men
equal privileges and equal chance in
life, aud that it is ready to adopt any
proper and constitutional mode Of
relieving distress and advancing the
interests of any portion of the peo-
pie. | can safely appeal to all of
you who have shared in the honors
and labors Of this party to still stand
by It's flag, now that the difficulties of
the recent past are passing away,
with the full hope that our
country always advancing and
prosperous since liberty was first
proclaimed by our Revolutionary
fathers, is still destined to advance
under the guidance of the Republican
party, to higher homer and greater
prosperity


THE TRADE DOLLAR.


Mr.. Sherman, during his speech,
read q letter from a correspondent of
the Cincinnati Enquirer of today,
in which the following questions
were asked about the Trade dollar:


First. What is the matter with the
Trade dollar? / expect YOU to say
il is not legal tender.


Second. The Government received
dollar TOR dollar when it put the
Trade dollar out.


Third Did the person on receiving
the Trade dollar from the Govern
mert do go with the understanding
that he had 10 take it to China to
spend it II any body is to blame,
who is it


He said that the trade dollar was
not legal tender, but it is worth
ninety cents as bullion. The stan
Hard dollar is legal, aud therefore
worth par That is the difference.


To the second question be an
swered that the Government did not