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Q ick , C hier-
T KF.PSa LMICK ASSOKT.Mh.M of ( OFFI.NS
IV !) on hatiil,
Att n Is Fururals with He.ire when de?irr d. 4.r.iroO 1 1. J. Maat.
WINCHESTER JOURNAL,
n-ii-i'iin ithi TxttibtT 11
BEESON fc MAIISH.
Trim of Subscription.
In A 1nrp $ 3;
I n i l tf, I S
7
1
OURNA
1
Winchester
Ai ti eal ol ttt )ar 2 W
m iim mm: roit tiii: joi'knal.
., I Pafxt-r, 4rotei IlitrreiU of
t. .!-) i l vi.t, ant fcpj m !.
MTioc : Cor. Mi ridiaii and Wa-hington
Stri t t, over National Hank.
business Dirccforn.
BANK.
I-Iolcl Fast To That "Which Is Good."
vor. ix.
WINCHESTER, I IV II I A IV A THURSDAY, Jl'LY. S, IS70.
AO. 31.
11 1 KM NATIONAL 1IA.NK of Win
ehester, Indiana, North corner
l W i;fit)f and Mi ri Jian tretts- ilauk
inje in ur. 1 a. m. to I r. m.
A. Some , I resident.
i A.
PROFESSIONAL.
71 TIM.!:! JL .IOKs, Attorr.ev. at
f Law 4itd Kral I"Ute Agents, Win
er. t er, I tidiio. Knpee in I attention given
to (.!!rt lion .ui'I se c'irii-g of claim.
(!i-e ir C'lrue L Miller' new builJ-
UI' iir.
1Iir..NI'Y AT', Attorney at
!.w, Wincüctfter, Indiana. Kperil
attention ßien to ttie Collection and Se
curity of Claims.
or r ici: or;: momiows stork.
MISCELLANEOUS.
J. S. WAY,
HOUSE & SIGft PAINTER
and ivii:k iiANf;i:it.
All work done promptly and in the latest
i.2lif. ' Mile.
J. M. STOIMIS
eiciiotj that he I. jr.-jareJ to
STATE POLITICS.
srEiicir of
Senator aVEoiMon
AT
Terre Ilantr, Morula) Hvp., July IS.
F.SJ'F.rTFfM.Y Inform th ci:izfn nfWin
-LI eh--ier and eic
LtdU x find Of hflntirn:
I have recently returned from Wali-
i ingtou rnueli exhausted by a long and
laborious session of Congress, am in
BltOUNi: Si IMtATIiri. Attorney?
at Liw, Winchester, Indim. Col
lection, ami all kind of Notarial lnj-dne?,
sill receive prompt attention. O ce up
fle.n in new brick, block. Zix 1 r C7
BItVDHt'ltV A, .MIFF, Attorney
t l,w, Wincheütr r, Indiana, Will
attend promptly to Collection and all
hiirir intrusted to his care. Ollice up
taira in XttiontI Hiok lluildinp. third
door from the corner. ton.ltf
WATTS Ur.VNOI.DS, Attorneys
at I,w and United State? Cliim
Agents. Winchester, Indiana. Ciie spe
cial attention to collection-!.
PHYSICIANS,
G1 !:. w. msrci:, 31. ., rhrsicuu
I anl Surgeon. Winchester, li.iü.n.a,
'i ruler Ui protV-ion I ser-ice to the
citixer of Winchester atal vic'mitj. Or
net' At his Ii i lrnce, corner ol Main
anl So'jth streets the former residence
of Dr. Ferguson. li
I n. ti:.ni:m., .n.n., riT?icijn
e , ami Surgeon, W in 'he t r , InWi.tna,
Tin.r hi. t-rtit-at.iiia I -rt if to II. cilizi-ns
tf W m- h e 41 - r a 1. ! 11 r r 1. i d 11 x t i. M r ) .
o. e .ff Kii r" lr.i t..-. K i i-ic e on
MeuJi St.. oj.(.si te M. K. i'liurch.
1U. J. . TIIO.IXI'SON
StTia; HON DKXTIST, Winchester, In
iliti, re;ect fully oTfrs his Service
to the people of Kunootph and aiijoiniti
eo'intits. Ollice, I'.ttt side of Public
S jinre, orer Kic!iardion V llelni.s Store,
where he'is j.rej-ird to perlorn all kiid
ot Deitt ;il t);irlins. ulT
MOVK IIOL'SKS, ijak.v.s, Ac, (feeble health, alo, as you all know,
fn ihf rmrtent ri'-tire. ah or ier hy mail. or , and have sulIereJ inucli from the ex
Iflt ut th- Ktrt Naiioiial Lank, will I. i.fmi tly , . , , ... , T , . ,
anoint..! t. no ir.-y j treniel.v hct weather, and I u not
j know whether I shall have strength
I sunieient to speak to you vey long
j to-ni'ht. I shall ask your indulgence,
and as my voice is not strong, would
ak that there be as much quiet as
UISTD 32 ETATvE R .
LYNN, INDIANA,
to-day, and sixty to-morrow. That is ! emlarkel in the rebellion. They were tlleton has abandoned the whole land by a test vote taken in March,
falsi philosophy. In every country led to lelieie that the Democratic thing), that having found out this way ' W just after General Orantcame
the people were always made better ! party in the North would hold the He- j to pay the national debt without cost- ' into power, it was decided that the
when the money in circulation in their 1 publican party still while the work ! inir anylody anything, the Democratic j Government ha.! no such right. My
'pockets was brought up from a dis- was consummated, and in that belief , party may now be put into power to .opinion was that it had; but at the
count, and made equal to the gold dol-! they embarked in it. They were tired j relieve the people of all taxation. 1 1 same time, the right of the Govrrn
lar, which is the standard of value : of the rebellion within the first two ! have heard something like this before. ! merit to K-uc new greenbacks after
throughout the world. That is what years, and wanted to quit, but the i Some of you have seen advertisements' the bonds were sol and apply them
we leire, and is what we are Koing to j Democratic party of the North sym- in the newspapers that if you would t" the payment of those lnds that
do; and we are going to do it much pathized with them, that it was every send one dollar to some It Ollice box I I denouneetl then as now, as being re
fuMer than any of us expected much ! where gaining ground throughout all j in New York, or Pniladelphia or Dos-! pudiathm under anotlar name. To
faster than I expected; and we are go-! the Northern States, and that when it j ton, you would receive in return a ! show you that Mr. Voorhees misrepre
ing to do it in defiance of theory and I should come into power, which it ! great secret by which you would be en- j sented me, I will read from my speech
speculation upon the part of states-! certainly would do they could etal-' abled to make a large fortune or be-! in tne Senate, found onpages3,J Ji'and
lish their Confederacy; and believing ; come suddenly rich. Such advertise- i f the Omgrcetional (Hobe, see
that thev did persevere throughout ! ments are frpouontlv eontnlnpil in the id session, Fortieth Congress.
AnvmTisisc; nATr.s.
One (jnr ee tr ,...t
Imn qutre ft yer 1
Q Barter fliifn am )ar -J
half cl i tm a yr..,
On" roUnm or.f r . "J
r iitorial bamitii notier, f ioii11 J ) . t
cer.t
KKilt lal notlre, it cil rr lir.e.
Advertise in the Jcnrral.
Of5. Ul I a(r of the Cntftt) . f irnltti i.V 9.
u7;,I in W lrr'Mf'r.a thrlrlrr "r w'
job rMrtiiM 'riis: o
Of erry rtrmfription. t!y n1 mn Hy e
euu-i. V or rrom all jri r .h t ouMr
!f.,IlT a.liril4.
ImrnT-
o-sib!e, in order that I may be heard.
I shall begin what I have to say to-
ITtan promrty atttru'ed to anl cha'sos night by congratulating this large au-
re.nbl. Cm , . .1
thence and the country upon the gen-
jeral condition of prosjerity that pre
' ' ! vaila throughout our land. I think I
WAIID Sc niATT, j may say with perfect truth there never
nr.tt.ra in was before since our government was
. 1 formed a condition of such universal
No. 5, City 1 1 hI I Illnck, Nort h Nide , prosperity as prevails this day. Kvery
rublicSfjuare, U inchrMrr, I nl . j condition of society is prosperous.
. . j There never was a time when labor
. r. hkastoi.J f HEAiTojr. ; Was better rewarded than it is now, or
HEASTON fit DROTKER, i when the wages of labor would pur-
-t- TT T 1 T C I chae more of the necessaries ami the
luxuries of life than now. There
never was a time when labor was so
honorable as it is now, and so univer-
men of all parties. It is coming upon
us without a j:ir. It is coming upon
us without depression; without unset- , 1803 and ISO!
J tling the condition of business; and we
are improving and progressing faster
than any of us had a right to expect.
We have escaped from a wai; some
five years ago the terrible civil war
Dut after the Demo- j newspapers, and yrcenhorns some- "I will remark that this question is
lion. The mn who hate the
holder hate them U-cause they hate
the Government They wanted the
rebellion to succeed, and it is but natu
ral that they should hate the men who
lent the money to put down the nUl
hou. Pa -sing from that, I come now fo
the que-tion of the tarifT. There i it
great deal said by Democratic oliti
eiaiiH about the tarift What is a tarifT.
A duty levied ujon foreign goods Im
ported into the United State. We
have always had a tarifT in this
country ever since the Government
was formeil. It Ixgan with the ad
ministration of George Washington;
CITY MILLS,
WINCHESTER, INDIANA,
cratic party was beaten in ISO! in the times bite at them and send their entirely distinct from the question of; and before the Union was formed tin
Presidential election, then hope died dollars. All such advertisements are the right of the Government to make j several States had their respective tar-
lntended for greenhorns, and the game a new issue of legal tender notes and j ifTs. We have always raised revenue
and the rebellion came to its end.
I merely remark these things, which
you all Know and which can not be
that desolated the land and ended, ami i denied, for the purpose of placing in a
clear light before your minds the just
responsibility for the National debt,
now the marks of war are almost
gone from the land. Not from our
memories; those of you who lost sons wdio caused it to be contracted, and
and brothers and fathers ami husbands
can never forget that, and you never
can forget the men that made that war,
who it was that placed it upon your
shoulders and upon mine.
My friend, Mr. Voorhees, recently
is what is called a confidence game, 'pay off the five-twenties in that Isue.
Whenever a politician comes before : As I shall speak of the question I shall
you and tells you he ha3 found out a speak of the right of the Government
way by which the national debt can to redeem the live-twenties in the ex-
be paid without costing any IkjUv . isting leiral tender notes."
I l -T (
a
anything, remember that it is in
tended for yrecnJiorns and nobody
else. Laughter and applause. The
national debt can only be paid honest-
In another part of the same speech,
I said:
"Now, Mr. President, this question
is important, or unimportant; as long;
Pealer. in Flour am! all kirn! of Or in. Seed,
VVe pay the liij:hpt prices.
'.W keep Salt or dale by the barrel.
CorU woo l wanted. 32 ly
M'KEW &, WHARTON,
RIDGEVILLC, INDIANA,
l.'u!-r in all kin.l jf
GRAIN" & SmTJ,
Shingles, Ac, V'-.
Salt, foal a 11. 1 Agricultural Implements Lath, in general terms, are HOW
Ii 3-J
HOWARD & GINGER, Jr.,
Dr. It. L. EIKENEERY,
ri:.rnciMi nivsii ian,
AT 111 r.M'SVll.l.i:, IN1IIANA,
In for in th citizens of that .!. a 11. 1 vicinity
that he is re a 1 y now a 11 ! at all limes In jnn j tly
'o all calls in bis buines. Charge.
rrtfiMku. 1 1: tl.
DR. E. T. BAILY,
' Physician and Surgeon,
Itidseville, Indimi.
Calla promptly attended to t? dar or aipht.
.M aj ü7. l-i,i ' " tf
Dr. n. D. NORVIEL,
Eclectic Physician & Surgeon,
KMper4fjll ten-It r M rofeitial .ervirea
In ia Cuifii ol Kalrt ie w ai:l it-nly. He
lllrire t- 1 I attention t-t t'hr-tnle iiees,
and di-j of Hi lielhe cru'.i ! ui -1 Kye.
4 'a 1 1 if-njil I tnon-rrJ ni-r h t or 1 ay . e'hargea
mu-Uril. 4'on.t.ltalioii trer.
rn a r miu t raiRriKw, tap.
1 ..-nni tf
H. S. CUNNINGHAM. M. D.
Wiahes to inform the public that he p.ijj
peci tl attention to
TZyc and Ear Surgery
anl SITKfJKRY in pererab Those ho
have CrOSS EyOS or deformities of
mm character, pit e me a cll. Also atten
tion pitj to the tnlJiea commou to the
country.
l):lice nrr Kichardjioa'a Store. Kesi
dence on H.tt street.
Janu trj 'JO, ?7U.
ffjUVERY & FE EH
STABLJ
Fine IIorM and Carrion to let. On
Main, just North of Franklin street.
nITtf
EAGLE SHOE STORE.
W. M. FISHER,
I)E.LR IM
Boots & Slioes.
llats.Cap, Leather and I indinps,
RIDCEVILLE, INDIANA.
MEDICAL,
DR. HENRY CARVER,
formtrljf tf Economy, Wayne County, I ml.,
offer his profeaaioual services in the prac
tice of
.i2i:2ici3fi: Az svtzurAiY
to the citizen of Winchester and urroiin
diD country. From hi former connec
tion with the Pntdic Institution of the
!'el, and M extensive practice in the
West, he hopes to merit a harc of public
ratroaaze. Particular attention paid to
CHRONIC DISEASE
of all klndi. He has asiociateJ with him
in practice
DR. J. M. CARVER.
ridatte of lennion Universilj and
SUrlinj Medical CoIIe--, Ohio.
OFFICE Over Ruuth i Danniiter'
tort, front room.
Wiuche.ier. Dec. 9, lrC3. n.0
HOTELS.
TIJKMONT HOUSE,
Xjri i:tt Cr.Jfjhi and Fifth St$.
KlCHMO.M. I.M.IANA.
Fire If JuceJtoTuo Dollars per Day.
s-ally reeognizttl as the fjumlation of
all national growth and prosperity.
Ami as it is with lahor, so it is w ith
j every other department of the body
i po.itie. The meehanie, the merchant,
: the manufacturer, the frofessional
! man and the capitalist all, to speak
llourihing
are how growing apace as they have
never done before. I use strong lan
guage, but I am justified in doing it.
GUN-SiyriTI-IS,! L",ik at t,ie l'rosperity f your own
TWO .MILLS Ü0UT1I OK J ü-'aum 1 " loM it is growing
FAI2WLAXI) IXDTiXX j more rapidly and acquiring wealth
All work V.rr'anUd- ' ork ollciu-.'frr t ! ,lKre T'AV'X' t,ian CVtr M Alul
peoj ie. charges moderate. ? -.s-tf j a? it is with Tene Haute so it is w ith
Indiamqiolis and almost every town
C. M. ßORROUGKS i in thu Huite f i as it is in
t ftlllTOMO Lit if 1 111 fllSjv otwl ll. I.
I b l.-i ill V1J1V O.HV1 llllUUgll
i out our whole eountry.
j Now, of course there are some per
i sons who are in embarrassed eireum
stanets, and always will be. There
f fid..i vic i tit-im iti1 llitfit.. ii-1t
. -to t niiii nun iik ic m j iv l. i
come a time, when there is not some
particular line of business that per
haps is su ll;ring, as compared with
others. Hut I am speaking now of the
mas of the community and the gen
eral condition of huines; and I de
sire to call your attention to the great
; blessings by which you are surrounded,
j Whether you look at the development
! of our country in the West, the growth
j of our cities, the improvement of our
I farms, the building of railroads and
turnpike roads, and every species of
public improvements; whether you
look at the general consolidation of
the bu.-iuess of the country that it is
now placed upon solid foundations
that it is now cscaninar from that clc-
ment of iullatioii and speculation
which always disorders and in time
will destroy business bear in mind
that the business of the country is set
tling down upon solid and enduring
foundations, and that, though our ap
parent prosperity may nut he as great
as when price's were high and when
there was a general spirit of specula
tion ye t our prosperity now is steady;
it is onward; it is regular. Ami I ap
peal to gentlemen of all parties to say
if the thing we most desire and w hich
we most need at the present time is
not stability stability in business,
stability in the iinauc2s, stability in
those things that men must study and
understand and calculate upon when
engaged in individual enterprises, and
under.-tand well what they shall do
the next year or the next month.
ut, notwithstanding our unwonted
prosperity and growth, there are croak
ers, there are grumblers; and there al
ways will be. You have sometimes
seen men who, when they were in
perfect health, would strive to make
every body about them miserable by
to
you can never forget th politicians t ma,e a svecch in Indianapolis, which I J"-1 like our !,eb.ts oan be Pail, as we fail to return to specie payment
was extensively advertised in the ia,m vouul auempt to !t be important. As I took occa-
newspapers before he went there, as ! Sa!n the confidence of the people, and I sion to
some weeks ngo in the
1 t t . a 1 i a 1 a t; at a I
to Ba..i euetr otes, uy pieieumng mui ; genat U)e fir,tduty of Congress, ami
they have found out a way to pay the j Uw first thing fo 4,t ,n my opin,011 u
national debt without taxation, aJ ta take some direct steps toward the
without cost to anybody, it h only a return (o fi ,iaymeIllji...
who forced it upon this country.
Iut I am speaking now of the mate
rial lavages of war. They are fast j intended for my especial annihilation
disappearing, and w ith the destruction and destruction. It was so heralded
of human slavery and with the etab
lMimcnt of human rights upon an
equal basis of justice and liberty to
by the telegraph throughout the Kit
ern and YV estern Mates: but. my
friends, I am hereto-night. Loud , :J",C-1""1 "
"I will say further, that it is in the
all, we are now advancing in wealth 1 cheers. Now that speech-and I have ow -AIr- oorhees made a speech existing legal tender notes that the
and material prosperity as w e never it here occupied some three hours in nt Indianapolis on th 8th of Jauuary j government has a right to pay those
did before. its delivery: I hone I shall not victim- ! Iast lo t,,e Democratic Convention. In I fiVe-twcntv bonds. There w as a limit
I said these war memories will not ' ize voti that lonir to-ni-ht. It is tie-' tlie course of that speech he declared cf four hundred millions dollars fixed
pass away. We may forgive, but we j voted almost entirely to myself, and I inis?elf in favor of issuing enough new iy jaw to tjic iue of ,ilose nott.s
can not forget, and in a great many j there is not in it one fair and candid j irredeemable paper money to pay oll j Klieve that to pass that limit would
instances we have no right to forgive ' .statement either in regard to myself, j tlle ve-twenty bonds. He thought! ic a violation of public faith."
a f a a a
politically. It is not sound policy ; the Republican party, or the adminis- j ine Ult re u?re ny neeii nunureu
that we should do so, for that man that tration of General Grant-not one ; millions of live-twenty bonds, and he
has deceived and betrayed his country ! many of its statements are clearly ' proposed to issue that many new green
in the hour of its peril, when it was : without foundation; others that have j baeks to l,a' thein otr- IIe rgued
threatened w ith destruction that ' a foundation in fact are so ierverted 1 ,iat we were grüUnd dow ,aXa
man can not be safely trusted in time j and misrepresented as to make a false ; tian but that wc couU1 tPall thisiu
of nr-nco Am f ri.rl.f lM.f fhnt imnrpssif.ii. and to moan the vcrv re- i te,wt issuing CHOUgll greenbacks
(Loud applause.)
I am here, to-night, to speak to you
plainly. 1 come to vou, not lull of
passion, but in some respects I come
9 ' A - , . ÄX I f . I 1
verse of the truth. I do not intend to ; lo I,a " ue-ieuty oonus.
He did not propose to pay them ofl"
Music, Painliiio-
A X D
DEAWING,
Tan glit bv
Lemons on I'i.ino, Mtloileon and Organ.
Fall instructions in thorough Ili.a. Land
scape, Oriental and (Jrecian rainting.
For term, inquire at the lost Ollice.
attempt to answer all that speech to
night: it would not be w orth your ! 1,1 u,c ßreenoacKs mat were isused be-
.Uimeor mine, and life is too short for i fore the uom,s were oK1. aml with
' i. i .i
vou full of iov. when I look around1 any euch undertaking (laughter,) but : " -re oongnt imm tne
.,:. o. . ! I intend to call vour attention to one ! Government, because you can only get
i im t wi 1 1 tr hi I ia 1 1; iijv: nivwi u t wiiiiuiuii , - - - . , ,. , .
of uur coumr, now. I well nnu-.nl.er i particular upon liich lie exndt-d " "". ' ' Treasury by tt..n
tl.. lo.t tin.. I. nleailllloalqeh l's this fm wlucli he proposoa .o re ,cv tl.c
in-rvrroHauUsituaslnthowintcrof Ucch, ami that i hat b called the l"Plee..t.rcl,. hut he would at .in
- , ..... ereeiiliaek duration expense of u few thousand tlollars for
ISObo. I was here on recruiting busi- j feutiiuacu quesiion.
,4, T 41 , f i i" c i w it paper and printing, inanufacture
nessat hat time. I thank od my j I irst a few words in regard to the , llfteen llumlrC(1 or two thousand mil.
occupation is c.angeu now. 1 come : greenoacKs. on me -,u. uay oi reo- q n(?w hack am,
not now to nk men ta enlist In the ruary, 18CJ, Congress passed the hrst j the fivc.twcn ty bonds w ith them.
army-io ngnt tne battles oi our coun- act mat was passeu amnormng ue ; . w VftlI f. 1 f . f .
i no m aaa.v a a tlUk IUI- IV I'l V.t 111
try upon the field The victory has j issue of legal tender notes. A second , ylr Voorhees I w ill quote from his
ueeu ti uiui toe uriiiics u;if iceii i aci as p;ieti in j uuuai , icuo. omee .
dibainled. If I comenow for recruits, i then there have been no acts passed j
they are for the grand Itepublican l authorizing the it-sue of legal tender
army. (Applaue.) (At this point an J notes. Under the several acts of Con
alarm of fire occurred, producing a j gress four hundred millions of green-
momer.tary confusion. Very few left
the wigwam, however, and the speak
er resumed.)
Politicians are complaining to you
oir
To
Boots & Shoes.
CHRISTIAN KAYSER,
Still etntinne In the Koit and Shoe toislne.
at his new tan. I, on .Main atreel, two doors
u;h or Heajton's Mill,
u'i.ci!.ksti:k, im.
Thank for rat favors hi ol-l patrons an.I
solicit theiu to ron'inue. .VUo iiiTiles rew etis
tomrrs to eall and ee hi tlo of ork. For
cht-anness ami wurkmaiisliip he rait nut l ex
celletl. n3ilf
eih-iee:, kizek t co.
WIXCllKSTKX, IXDIAXA,
I) kali-: its IX
BUTTER AND EGGS
FEATHERS. BEESWAX,
WHEAT, COHN",
' T ri til ti vtll fit ft no r1iO'ir.l .41. l.Ainn
m i iii .'"iiitiiiiin n 1 1 ii i ii.' 1 1 1
good at tearingdown the plans of oth-
; ers. We have now outstanding:?!, 000,
,(XX),0U0 of live-twenty bonds, payable
at the end of five or twenty years,
from the time when issued. The five
vn;irs Iü.Vm -ilnillt i-viiirril rl lnv -in.
we say, -retired" from circulation by to be pai(1 atany time withn n-et
Mr. MeCulloeh, the Secretary of the fifteen years. My plan is to thaw in
much about the war debt and about ( Treasury during the administration of ; 5jl00,ÜÜU,KX this year, and Sl'J0,MX),0oü
the manner in which this
be paid. The llepublic
backs were issued, of this amount
forty-millions were contracted, or, as
is debt shall ; President Johnson, leaving in circula- """year, t were, sirinkle it
. . ! . 41 , . , all over the next Iiltccn years, issuing
an party is tton, as there are now, three hundred clirreIK.v t ivdeem it. thus avmo- th.-
held responsible by Democratic poll-; and fifty-six millions of greenback, j bonded debt in better money than it
ticians as if this debt had been made
for the benefit of the Itepublican party.
This debt was maJe to preserve this
country, to raise armies, to pay them,
and keep them in the field to put down
rebellion, and the men w ho made the
rebellion and who continued it are the
men who are responsible for the debt.
Who made this rebellion? Who w its
it that caused us to incur this debt?
And who are to-day justly responsible
for it in the opinion of the world? My
friends, I can tell you, and my words
can not be gainsaid that the Demo
cratic politicians of the rorth are
We have also about three hundred was bought with."
millions of National lJank notes based j Mr. Voorhees shortly afterward
on the bonds ami redeemable in green- i made a speech in the House, in which
backs; but I speak now of the legal i he spoke about increasing the currency
tender notes issued by the Govern- j to one thousand millions. As we have
ment. already seven hundred millions of
We have been trying ever since the j National bank currency ami green-
close of the war to bring those notes up ) backs in circulation, that would only
to pr.r, starling with them at CS or 70 : permit the issue of three hundred mil-
cents on the dollar, and bringing them J lions, which w ould not pay off the
up gradually until now wc have got j debt by twelve or thirteen hundred
them to about 92 cents on the dollar,
and we expect to have them at par in
millions of dollars. Mr. Voorhees'
opinions arc so vague that it does not
the course of six months. Now, if it Iseem to make any diflerence to him
3 j has required such a long time, and has j whether the volume of the currency
THE HIGHEST MARKET PRICES PAID
largely ami cnicny respon.Moie ior becn aUe,uied with so much difficulty is one thousand millions or two thous-
.. . . -Via. I "
bringing on mis war. i sspeaK that
which is matter ef history; and who
know it
citizens
Farmer., Lrir.jr alonz Tiur Produce
Wareroom? opposite the 15cllefonVitie j pretending that they were about
latenter Depot, iu Winchester, niitf
UNIONSPORT
Woolen Mills!
WetaVethU metho-l toinf.irm the public tfiat,
having purchase J the above factory, we are
prfjar.-.l to l all kind ofWonl-'n manufactu
riiijcon sl.orl notice and tu goovl tl) le.
no Lis c.innijvc
JOHN Kf.UOTT,
JuiJ 2. 'tor.
Proprietor.
!)i 31
AVENUE HOUSE,
FORT WAYNE AVENUE.
Eichinond, Ind.
Ofp.il J
la t-ju W jiot.i
OITHF.NS & RICK, Proprietor.
lUTinsrentn-?.! te er'ce of a No. 1 Rcli
("ar.ler, e are prepared to rar.antaU work in
ttii 1 1 n.
SPINNING.
.Mr. KI.THU SMITrf UeujsceJ to .lo onrr-rin
nuiy.uö.l t-ein? an olj S;.ini-er, perfect tv prrf
tue, we eipectt- b excelled bj toneiutLI
'Take U oltbe tuinc!.
IIa nu fact tiring.
We are prepared to do 11 kinds of Mann facta
riii2 ,iu t-an. and hall w arrai.t our w ork not
t be exct-l!--a U) an v . v UJIf itie UiueStar
arp,tht tel uiaae.
Fulliup,Colorin;nnd Cloth Dressins.
"orklnthUUnedona on tort nollceatdln
JC-..1 tj'.e.
W e have teeured the nerTice of.Mr.W. N.
AIKr.Ns.aUorough workmau in bt.th tbeorj
and practice, to m:i erii.ter.Jfor o,and we aha!,
airai.treill work.
We bat an ermine In eonnectloa with ont
tlrper. to we ahall not be delajed.but
hallrun mritand daj If u.centarr to do the
work.
Wood, Wool or W ool Create taken in
Exchange for Wotk.
NATIONAL HOTEL,
WINCIILSTKU 1 SAW, I'HOVli'S.
X-'utetlj out! aai oppotite tbe 1b!ou lUpoti
JXDIAXAPOLIS, .YD.
H. II. WitcHurr. W.D. Srr.
EDMUND ENGLE.x
jaaet e oiaruf a set Ua.wg, rrwlilehiheh!r1.ft nrlce Ulbanaldl Canh
Where Ire. Life, and Accident Puücie". ! oreiehanjre.l lor the bet lot olfood intfie
will be bau-i oa .rp!"--ation. Aho. ior f.-!?? U?'B,"l-?Vt",,?tI
. . .. i, ... curlettat bl.akttt. tlai4 fianneU.at rk-
ale. CUauipioo Reapers auJ Mowrrj, lro tl 4f. r!l ir.4 oar rooU. Thj
jon, ibritor "lhre-.!i'D MichiDrs,iptfiiforthernflff.lcthlnioiiman4 price
Hor Power, aid the Superior I rill at I. f Wa don't ak f.r all iwe work 1 1. thla atd ad
II. Cter'. lilack.mith Sfcop. Come n4 j'-f r'n VxßiXSSr
et tLta; all warranted j i nion.y.rt. April, Irt;- ic
oO.OOO lbs Wool AVanlcd
! die. And so you w ill find politicians,
j in the mitk-t of this great rospcrity
and this gi-at allluence, who tell us
the country is on the very brink of
I ruin on the very eve of bankruptcy
and that if they are not plaeed in
power, or their party, every thing will
go to destruction. Now you know
the.se things are not so, and there is no
intelligent lady or gentleman here to
nightand I eare not what party they
belong to who, if they w ill take a
ile-liberate survey of the condition of
this community, of this State, and of
this nation, wid not come to the con-
j elusion that, as a people, we are more
prosperous in this year 1S70 than iu
any former period of our national life.
I spoke of stability; take, for exam
ple, the currency. We have had
trouble with our currency, growing
out of our war and out of a strange
and unnatural condition of thing,
but now it is coming back to solid
foundations. Only a short time ago
it was worth but iS cents on a dollar,
now it is worth 12, and we have every
reason to believe that if there shall be
no political disturbance, within six
months the paper dollar in your pocket
will be equal to a dollar in gold. This
is the great thing that we require to
have stability and solid foundations
for buincss.
There are politicians who tell us the
worst thing that could be done would
bo to return to specie payments, and
the bist thiuff that could happen
would le a fluctuating currency that
to bring three hundred and llfty-six and millions; he jostles from one to
millions of these notes un to par. and 1 the other with easy indifference.
better than the intelligent : g(?t cIear of their depreciation, if in- j When he was charged with this in-
Of ViSTO COUnty that but for I, I t..l (.nnci.t..,nv l,a n nnlhor cni.nr.li
the course of the Democratic party in ; am, fiftj..six millions of these notes in i Hy that time he had found out that
Indiana and other .States we would j cjrcuiution we hail two thousand mil-! the five-twenty bonds could not be
have had no rebellion, and but for the ! ,ions in that case all hoie of getting ! paid off upon the plan he had advoca
tion to par would become wholly j ted, and he then urged the issue of
worthless, as was the case in France ! fifteen or sixteen hundred millions of
and elsewhere under similar circum
stances; they would fall to the ground
a9 they have done in other countries.
Jut by keeping these notes within a
moderate limit we have succeeded in i creditors out of what the government
removing to a great extent their de-J owes them out of the money they
pieciation and shall succeed in bring-j loaned the government during the
ing them to par. I war, and, next, to swindle the people
In the great loan bill of 18G4, under ' by putting into their hands a vast body
which th most of the bonds now out- 'of currency hardly worth the paper it
course of the Democratic party after
the rebellion had begun it would have
been abandoned at the end of the first
two years, and but for their conduct
we would to-day have no national
debt.
Perhaps no man in Indiana it may
be no man in any other Northern
State is more largely responsible for
bringing on this war than your own
distinguished rpre entati vc, Mr. Voor
hees. Why so? llecause before the
wa, he advocated the right of seees-
legal tender notes for the payment of
those bonds. What would be the ef
fect of that? The eflect of that would
be if followed up, first, to swindle our
That is what I said then. Senator
John Sherman said the same thing in
substance. lie has been quoted as le
ing iu favor of this Pendleton theory,
and it was always false in regard to
me.
Mr. Voorhees took what I said in
regard to the old greenbacks ami at
tempted to make it appear as applied
to the new. Senator Sherman always
denounced, as I have always elenounc-
ed, this Pendleton doctrine as being
simply repudiation and so it is.
I spoke to you about the effect of
our having three hundred and fifty
millions of paper money in circulation,
and the difficulty of bringing it to par.
It is well known to any business man
that if you were to isuo now three
hundred millions, or two hundred mil
lions, or one hundred millions of new
legal tender notes, you will thereby
inflate the currency, encourage a spirit
of speculation, send Up prices; ami
then the whole thing must come down
again of course; to ue a common ex
pression, it would "go up like a rocket
and come down like a stick." We
would have the same gloomy and ter
rible course to travel again. We are
now approaching a condition of solid
prosperity. Our currency is rapidly
becoming good; but if we issue fifteen
or sixteen hundred millions of green
backs to pay oil" these bonds, we would
rob our creel i tors, and then rob the
people by leaving this money in their
hands so depreciated that it would
take a hat full of it to buy a hat; it
might be had, as it was in France, for
a dollar a bushel.
Hut the most curious part of Mr.
Voorhees' plan is to come hereafter.
After he had announced his wonder
ful theory of paying ofl the national
debt without costing any body any
by tariff, and always shall. It ban
lecn done under every administration.
When the war came on w e could not
raie enough money by tariff". We
had to raie it by a tarifl in part. We
have leen reducing it an weculd, but
we still have to raise a hundred an I
fifty-five or a hundred and sixty mil
lion dollars a year, by a tariff, how
will you tr't monev to carnr on tht
government? Will you fet it by di
rect taxation? Is the Democratic
party in favor of that? CYrUinl;' not;
nobody is in favor of that. Then wo
must have a tariff to get revenue. It
is idle to talk about repealing it unJesi
you can carry on the government
without money. Mr. Voorhees has
discovered a way to pay the national
debt without taxation, without costing
anything; now if he can just lind a
way to carry on the government with
out money, the work of financial
reform will be complete, Laughter.
Then free trade is cut ef the ques
tion; when a man talks about it he
talks about a thing that is impossible.
I do not care in what manner you
adjust the taritr, if you have a tariff
at all it will allbrd some protection;
you must have a tariff for revenue,
I and free trade is out of the question
as Jong as you have a taiilf.
There are several kinds of tariff.
There is what is called a prohibitory
tariff that is an obsolete idea. I
know of nobody who is In favor of it.
Then there is a tarifl" for protection
that differs but little from from a pro
hibitory tariff in principle; that is not
the kind of tariff that we want. IJut
as a tariff for revenue will afford some
protection, and as we must have a tar
iir for revenue, we propose that the
protection shall result in favor of our
own producers, and not in favor of
foreign producers.
There are two or three ways of levy
ing a tariff. One way, advocated by
Mr. Kerr, is to levy its highest upon
articles that we do not produce at all,
such as tea, sugar and e-otfee.
If you do that, of course it mu-t
come lightest upon articles that we do
produce in competition with foreign
countries, so as to afford to our own
producers the least possible protection
and encouragement.
There is another plan called the
horizontal tariff, which is levied at an
equal rate of per cent, on all articles,
wi'hout regard to whether they aro
luxuries cr necessaries. It has been
said to be a tarifl of strict neutrality
between the home producer and the
foreign producer. If you think that
neutrality in that respect l-etweett
home producers and foreign producers
should prevail, then ytiu would bo
in favor of the hoiizontal tariff; but
thing, by manufacturing new paper j there are very few people who are in
money to do it, it seemed to enter his : favor ef that. In levying a tariff for
revenue, we should in the first place-
mind that that was rather an enor
mous proposition, and so, away toward
the close of his speech he intimated
that perhaps after all these bonds
might be paid. When? Why at the
end of fifteen or twenty years, and
after all theembarrassment and injury
to the business interests of the county
that would result in the meantime;
after the money had passed out of the
hands of the creditors of the govern
ment into the hands of the people,
then it might be paid in coin. Yes;
after all the suffering, financial and
commercial, that would be the inevit
able result of such a state of things,
and when this money has passed into
the hands of the brokers and sharpers
who have bought it up for a mere song,
then, Mr. Voorhees says, the Govern
put the tax higher upon luxuries than
upon necessaries, and then, if theru
inna be a discrimination, let it be iu
favor of our home producers.
Then there is another method of
levying a tariff; put it lowest on arti
cles that we do not prmluce, and
higher upon articles that we do pro-
' duce, so that there will be at all times
a fair and equal competition between
the foreign and the home preKlucer.
If you make it prohibitory tariff you
get no revenue by it. If you put it
below the jioint of competition you
get revenue only, and give the market
over to the foreign producer. We du
not want a prohibitory tariff; we d
not want to make a monoj-ly here;
but as you must have a tariff, how
ment may redeem it. I say the Gov- j si,0uld vou levy it? I sav, iv.it it at a
ernmcntcan not redeem it. It is not j Mint that will aff.ml a fair competi-
standing were issued, it was provided i i printed on. This was Mr. Pen
sion; because he made the people of j that the whole amount of greenbacks jdleton's plan in 107. It slaughtered
the SMHitii believe that the Democratic J should never exceed four hundred j him in the Democratic Convention in
party of the North would never sub-' millions of dollars. That was a pledge i 1SGS as it should slaughter any man
that is in favor of it. JnlSGOwhen be p"u
was a candidate for Governor in Ohio,
Mr. Pendleton said not a word about
this scheme; iie abandoned it entirely,
but Mr. Voorhees brought it forward
again in 1.70.
Dut now Mr. Voorhees, after having
in the power of the Government to
redeem currency when it goes down
to a nominal value. You must first
get your currency up lo par, and wlitn
get it there it e-an be redeemed.
but not in any other way.
I denounce this w hole scheme as a
mere scheme of repudiation. The ar
gument made by Mr. Voorhees in this
mit to have them coerced to remain in j given to the oondholders ami to those
the Union. On the Fourth of July, j fr0m whom we expected to borrow
1800, Mr. Voorhees made a speech at monej-. It was then believed that
Charlottsville, in the State of Virginia, I without this pledge the government
w here he addressed many hundreds of " could not borrow the amount necess
the young men of Virginia, and he ary to carry on the war. That pledge
there argued straight out the right of i that guaranty is unrepealed, and
secession; the right of a State to with- j jsas binding now as it was then. This ; stated his position in favor of thernau
draw from the Union if she saw prop- js m v general statement in regard to ufacture and issue of this vast volume
er todo so; end when Northern men the condition of the greenback ques-!ot" currency, then said the unkindest and robbed the Govcrnm
went down to the .South and argued ; tion. j thing about me that he ever said; and j u-upersand plunderers. I do
to Southern men the right of secession, j Mr. Pendleton thought, in 1SG7, that
we should not so much blame South-I he made a discovery but in 1KGS,
em men for embracing that doctrine. I when he was a candidate for Gov-
s between the .Southern young man ( eruorin Ohio, he had come to the con-
speech is an argument again -t the
bondholders throughout. He des
cribes them as the greatest of all liv
ing rascals, as the men who cheated
ment, as
not own
that was. that onlv a year before that, a bond: I wish did; it would be
----- vw w
time I bad endorsed the same position
very convenient to have a few of
and stood upon the same ground. them; but bear in mind that the men
There is in that statement not one; who bought the bonds are the men
who embtaced the doctrine of the elusion that he had not made a dis-iord of truth; on the contrary I have j who risked their money on this Gov
right of secession, and the man from ! eovery.
the North who went down South to j coming to that conclusion by being
argue it to him, where is the greater j slaughtered in the Democratic Con
degree of guilt? j vention in New York in IKK Tins
I mention Mr. Voorhees as promi-; gentleman, iu common with Mr. the law that the original greenbacks,
uent in your District, but he is only j Vcorhees, thought he had discovered a 1 i?ued in 1932 and lWt issued before
. .. w a i a
Ho was materially aided in . ever denounced the I'emueton tneory , ernment, ana that too iu oeuance oi
first and last, and Mr. oorhees knows the advice of every Democratic politi
it. The ground I took in the senate J cans in Vigo county. Cheers. They
was this, and which I believe to be . were constantly advised that this Gov
ernment could not put down the rebel
lion, that these bonds would be bt,
one of hundred-; and it is now a fact way to pay the national debt without ! the bonds were sold, and with which
as well settled as any other; and the : costing anybody anything, without ' the londs were bought by the people,
Southern people will tell you so when ! taxation, without any burden upon i those greenbacks being a Iegx.1 tender
on their face, for all debt?, public anu
you go among them, I do not care in ; the people, simply by expending a
what State you travel, that if it had few thousand dollats for ink, paper,
not been for the encouragement they j and printing, and they now wish to
received from Democratic leaders In j make the people believe (more es-
U worth ninety cents on the dollar the North, they never would have pecially Mr. Woorhce; for Mr. Tcn-
that they might as well throw their
money into the river; but the patriotic
men the rieh man with his teu thous
and dollars, and the poor man with
private, the government had a right to. his hundred dollars iu his Land came
use them in the redemption cf the forward and Invested their money In
Five-Twenty bonds. Upon that que-1 bonds, and in that way euDled the
tion the majority differed with me, Government to put down the rrVj.
tion between the home and foreign
producer That biings you revenue
iK-catise then i compM-tition, and com
petition implies foreign imort.'ition.
That give" revenue, and at the samo
time builds up you! own home manu
facturers and home lalr. I am for
protei-ting home labor as far as it on
!e done legitimately. I do not want
to vie the laboring men ef Indian
working for the -ame price that the
working men of Great Dritaiu, Franc)
and Germany command. Li!or is
higher iu this cotmtiy than it is in the
countries cf Furi, and 1 hop' an!
expert to 5ce it maintained, and when
we can liitimntrly pretex t and en
courage our own hbor, I am in fiver
of doing it. Hut I do mt want any
ilwdy to say becau-c I y this tint I
am in favor of a prohibitory tnt ilf, r
a protective tarifl, in the oiT'!iiv
sene in which the term h ueil; b it
what I sy is, we have got to have a
tarifl. I d j not care bow much Dem
ocrat? rnny bval in ftvor of Free
Trade; wc mint hive n tariff, hecau-
we have to carry on the Government
and can not do it without money, am!
as we must have a tariff I vvunr it s
adjusted a to discriminate !n favor of
the home producer, and Lot the for
eign prodocr.
An'dber thing rip-h? Nie: I run id
