Belmont chronicle. [volume], September 19, 1878, Image 2

About Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973

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8T. OHIO
TiinftSDAYSEPT 19,187.
REPUBLICAN STATE TICKET.
FOB 8ECBETABY OF STATE,
MILTON BARNES, of Guernsey.
FOB SUPREME JUDGE,
WILLIAM WHITE, of Clarke.
OB BOA ED OF TCBL1C WORKS,
GEORGE PAUL, of Summit.
District Ticket.
For Congress,
JONATHAN T. UPDEG RAFF.
County Republican Ticket.
For Probate Judge,
JAMES F. TALLMAN.
For Sheriff,
3 VMUEL HILLES.
For Commissioner,
THOMAS A. WELSH. .
For Infirmary Director.
. JOSEPH OOWGILL.
For Survcj or,
CBALKLEY DAWSON..
For Coroner,
TITOMAS GARRETT.
JUST a quotable JfereMthw!?1D
eold and greenbacks, and tbtb all.
And yet there are a lot of people out of
adujct iuo' .iw,) thn noun
straight jaciceia
vlnf we can't resume.
Friday was very destructive of railroad
Jrojert Jin the7 washout of culverte
knd tbe carrying away of bridges in
the interior of Ohio, Wert Virginia and
Virginia. --
A Communist aud labor agitator of
the true Kearney atripa is elected in
r. CTWariUirlet:and now there Is
danger of a tailor of the same class oi
politics, being elected by the Nationals
in Speaker Randall's district.
IS SepteSr7i876rGreenback
ersol Maine cast 5 jotea. In the
following November they P"?633'
in September, 1877, 5,206. and in March
181,13,000. At Tuesday's election last
week about 85,000.
Thk Secretary oTthe Treasury has
poltnhe&ue of silver dollars In
S 'or United. States notes
wthoriLd by a recent order me
doubt having arlseu tt.T?J
be in entire accordance with the re
8umpUon law before the 1st of January
It Governments ran make absolute
money ont of paper or cabbage leaves,
wS yworkat7l'l? Let
rnent furnish the money, and the free
American citizen sit under his vine
fud flg tree and make the ;
kind his hewers of wood and drawers
oi ' wLSSr. If we aresoverelgn, let us
be sovereigns. tan, umiuir""-
" J il'rTHi of Destilence. the
people of Louisiana are not forgetful o
politics. ThO Nationals have deter -mined
to place Gen. Beauregard at the
head of their State ticket, in opposition
to Major E. A. Burfce the tegular
Democratic nominee, and Repub icans
who still have any desire to vote, are
lefttoUke their choice between -the
two evils. The negro vote, "solid,",
la said to be pledged to Beauregard.
The Nationals ln their important
nominations have a strange fatality for
hitting upon persons who belong to the
very class that tbey affect to denounce
-The bloated bondholders. The Na
tional candidates for Congress in Ohio
aVeeneVally men of large wealth who
have made their .ecumulations by
shaving notes and charging enormous
rates of interest, and who evenjiow
cling to their national bank snares as
tenaciously as Ben. Butler to his
registered government bonas.
The Story of the Figures.
Albany (N. Y.) Evening Journal.]
The 'vote of the three parties in
Maine last year and this year compares
about as follows: "
lk . 1S77 KSl
IVHHiumw. ,u -
u..,t.lina in 1878........ -.
rhof h nothinz in that which Re-
lii n.m n a noon IMfl 1 mil auvui
shows a party of undiminished organ
iirtn nf firm faith and steady ranks
Greenbackers in 1877....... -268
n-olw.i.r, in 1878 ..... S0,UW
HCCUMW"'
; Thia is a ereat gain. It Indicates the
Bpread of the discontented element
and points to the danger which is b.-
orethecouutry. manes ic t
financial chaos an Imminent reality.
Democrats in 1877 oaana
Democrats in 1878 2S-m
Here Is where the laugh comes ln
foreverbody but the Democrat. A
lo of nearly 15,000 In a single year on
inincreased vote! 'A real loss, coslder
Imr the totals, of about 20.000, or nearly
h,lf the whole party! The figures
show, not that the Im ocrats gained
anything by dallying with laise
trinea. but that the Greenbackers
swallowed the Democrats,
We trust the people will examine
ttnd study these figures. They em
body a great deal of meaning. Demo
cratic papers are respectfully requested
to publish them conspicuously.
Now that we are within three weeks
of the election it is a fact worth notic
ing that the Democrats have not been
able to find the slightest flaw in the
character or capacity of the men upon
the Republican State ticket. Their
records are spotless, and their ability to
well discharge Me duties of the offices
for which they are named is beyond
question. Milton Barnes, who heads,
the ticket, la now f .tm pleting his
. rrt i 11 ...
- c.. o If la martni -pnprl rp-
mark that the office was ..wer bttter
managed, and that the important
statistical reporjtswhlch it Issues.Jwere
never before out in such a correct, full
I . nunkAnatKlA oka r0 T tA,TC
- White, the candidate for the Supreme
jurists, and the wisdom of re-electing
him to the position he is now filling
an well Is too apparent to call for
moment's disca-elon. ueorge raul
has, besides honesty end general in
telligence, a special qualificatson for
the Board of Public Works, and one
which has been, unfortunately, very
rare in that body in time past he is
trained and experienced civil engineer,
. with ideas about canal management
that are not merely theoretical, lioth
. Barnes and Paul have excellent war
records, the former having served in
arm v and the latter in the navy. Not
a word can be truthfully said, and in
net not a word has been Bald, against
the moral character of the candidates.
The personal worth of all three seems
to he conceded ny meir most partisan
i. Cleveland ueraio.
Speech of Hon. L. Danford.
[CONTINUED FROM FIRST PAGE.]
the present time or in the past, is not
occasioned by any want of money. 1
refer you to one fact, bince the pas
sage of the act authorizing four per
cent and four and a half iter cent
oonds of the United Slates, there have
been taken by the people two hundred
and fifty millions of four and a half per
cent, and one hundred and forty one
millions of four per cent bonds.
The rate of interest has declined in
the eounty of Belmont from one and a
oalf to two per cent. There was money !
enough last year to move the vast grain I
crop from the West to the East, and at
good figures; and there is money
enough to move it this year at fair
prices. But now I come to the figures.
1 believe that 1 can show from a state
ment inade by the Secretary of the
Treasury in 1865, and the last statement
of Sec Sherman, that there is more cur
rency now in circulation and ready to
be put in circulation by the policy of the
Republican party, by two hundred mil
lions of dollars, than there was in 18o5.
I shall begin with the last statement of
the Treasury.
The outstanding legal tender notes
amount to 346,681,016; National bank
notes to $324,514,284; the remaining
outstanding fractional currency to $16,
652,690; coin in the Treasury $238,420,
609.57; (this includes, as I understand
it, subsidiary coin); coin in the bands
of the banks about $16,000,000; coin in
the hands of the people about $110,000,
000. These figures, except the last, are
taken from official statements, and the
amount of coin in the hands of the peo
ple is the estimate of Senator Morrill,
made more than one year ago. These
figures aggregate $1,052,268,699.57. As
will be seen more than one thousand
millions of dollars, and this money the
policy of the Republican party, by the
first of January next, if not earlier, will
be available as currency with which to
do the business of the country; more
currency upon its face, than we have
ever had at any previous period in the
history of the country. In 1S65, taking
into account $193,756,080 of compound
interest notes, and $42,438,710 of the
one and two year notes of 1863, the to
tal amount of the currency aggregated
$983,318,685.76, nearly $69,000,000 less
than the amount now circulating and
ready to be put in circulation. This
was the very largest figure that it ever
aggregated upon its face-at any one
time, and $24u,000,000 of this was really
not currency. But the value of this
currency, including these compound
interest notes, averaged dui ui iu
cents to the dollar, and the entire
$983,318,685 76 had an actual value, as
compared with coin, of but $692,256,-"
354.77, while the currency that we now
have was worth on the first any oi me
present month 99 cents on the dollar,
and this morning 99 J; the aggregate
depreciation on our present currency
of more than a thousand millions, be
ing but a little over five millions of
dollars. And by a little perseverence,
a little longer holding on in the right
direction, and In the language of the
Democratic party of the State of New
York, "taking no steps backward," in
a few months it will be worth 100 cents
to the dollar, and we will have, from
actual figures made at the Treasury
Department, available as currency, over
1,000 millions of dollar, every dollar
worth 100 cents, being, estimating our
population at 46,000,000, $2175 per
capita. And shall we turn away from
this fair prospect? Shall .we go back
ever the long weary years of struggle
and disappointment in order to gratify
the visionary schemes of men who
want to try "absolute" or ,,'fUt" nion
ey? ' . -
' I don't believe that the .leaders of
this movement desire to see the green
back equal to gold. I dont believe
tbey desire to see the money nf Lin
coin, and Chase, and Thadeus Stevens
the money of the Republican party
that was brought forth in those dark
days, in doubt, and with fear and
trembling, launched upon the country
as an experiment. I don't believe they
want to see it redeemed in gold and
silver. I don't believe they desire to
see the promise written upon the face
of the greenback and deferred for six
teen long years, made good. I believe
they want to deal a little longer in the
calamities of irredeemable paper cur
rency. Mr. Ewing, early in the extra
session last October, introduced a bill
repealing the Resumption act. That
bill was passed by the House with a
substitute offered by Mr. Fort. It went
to the senate, and there, alter discus
sion, it was amended, and on the 19th
day of June, the very day Lefoiead
journment, it came up in the House of
Kf preservatives lor action, rnese gen
tlemen had learned by this time, Mr.
Ewing and those who acted with him.
that the Senate of the United States
would not agree to repeal the Resump
tion act.- The Senate sent the House
this amendment, which was to strike
out all after the enacting clause, and
insert the following: "That from and
after the passage of this act. United
States notes shall he receivable the
?ame as coin, in payment for the four
per cent bonds now authorized bv law
to be issued, and on and after October
1. 1878, said notes shall be receivable
for duties on imports."
This amendment came from the
Senate to os. It was an amendment
that a great many gentlemen have for
years believed would make the legal
tender dollar as good es gold.
THE GREENBACK DOLLAR.
a
a
I have had the proposition thrust in
my face for ten years at least, "Why
don't you make your greenback dollar
good for all purposes? Why do you
discredit it by saying that it shall not
be receivable tor duties on imports?
Here was a proposition at last to do
away with this discrimination against
the legal tender money. We were call
ed upon to face that proposition in the
closing hours of the session. The vote
was taken, and the ayes were 140 and
the U'tes 112. And it requiring a two
thirds vote to pass the amended act
under a saspension of the rules, the bill
was Ion. And now while it w.e per
fectly consistent tor the hard money
Democrats of the iist.Ilike Hewitt and
others of his way of : thinking, to
vote against the bill, yet, to the sur
prise and even astonishment of very
many who believed in their honesty
and good faith, every one of the seven
Democrats trom Ohio voted against the
bill voted against making the legd
teuders receivable for custom duties
and the four per .cent bonds.
Another proposition of a similar
character was offered in the House, as
substitute for the same b 11, by Mr.
Hubbell, of Michigan, as early as the
23J of November last. It was "that so
much of section 3 of an act to provide
for the resumption of sjecie payments,
approved January 14th, 1875, as pro
vides for the redemption in coin by the
United States of all legal tenders out
standing on the first day of January,
1879, embraced In the clause of said
section of enid act in the language fol
lower, to wit: "And on and after the
first day of January, 1879, the Secreta
ry of the Treasury shall redeem in coin
the United Slates legal tender notes
then outstanding on their presentation
for redemption at the office of the As
sistant Treasurer of the United States
in the city of New York, in sums nol
less than fifty dollars," shall be so con
strued 88 not to authorize or require
the S cretary of the Treasury to retlie
and cancel said notes redeemed a9
aforesaid, but to authorize and require
said Secretary to deposit said notea in
the Treasury of the U.States, whereupon
ssid notes shall be paid out at their par
valui in discharge of all claims and de
mands against the United States, or in
exchange for coin. And said notes
shall, as heretofore, continue to be a
legal tender, and on and after January
lit, IsTU, shall be receivable at their
face value in payment of all dues to the
government, aud of all debts, except
where coin payment is stipulated by
contract or by statute, and all provis
ions of liw in conflict with Ibis act are
hereby repealed."
Now, sir, what fair, and honest ob
jectionany man desiring to strengthen
tne money oi the people, to make the
greenback dollar a good dollar, could
have against Mr. iiubbelPs proposi
tion I am unable to see. Nevertheless,
there were but five Democrats in the
House of Representatives who had the
courage to vote lor the amendment,
and tbey, all of them, except Mr. Wil
liams, of Michigan, were Eastern men.
Of the Ohio Democrats, the entire del
egation voted against the amendment.
wnue the Democratic party prolesses
to be the friend of the greenback, and
claimed to be Its especial champion, 1
believe that the true purpose and de
sign of those who are the real leaders
in Ohio and elsewhere In this move
ment, is to finally destroy the green
back. I believe that their true purpose
is to have cheap money.
WAR ON THE BANKS.
The war made by the parly upon the
National Banks in thisState is support
ed bv man v specious arguments. I de
sire to refer to one recently urged by Mr
Ihurman in bis first speech, opening
the campaign for the Democratic party
in Butler county a few weeks ago, in
which ha charged that the National
Bank currency was a tax upon the peo
ple. The Republican speakers. Gen.
Garfield, Secretary Sherman and others
replied to his argumeots, and last week
when senator iiiur im i came again
upon the st u'n li at Alliens, he replies
in this language: "A third objection to
the JSational Hank system is that it la
a special privilege which the banks
enjoy, and that puts annually millions
of dollars into the Dockets of their
shareholders, and takes millions of
dollars out of the pockets ol the peo
ple." "Now, in answer to this point of
my Hamilton speech," says the Judge,
"for I made the point in that speech,
several gentlemen of the Republican
party.wbo spoke this day a week ago.
either blindly or wilfully misunder
stood the point. Tbey treated it as if I
was speaking of the interest on tne
bonds which tbese bankers deposit for
their circulation, when I was not speak
ing about that at ail, and made no al
lusion to these bonds. Tbey think they
have triumphantly answered by say
ing that if the banks did not own thee
bonds some one elsa would, and the
Government would have to pay the
lntere-it. Why, gentlemen, I was not
speaking of that at ail. II there was not
a oond of the government in existence,
if these banks had to deposit no bonds
whatsoever, yet what 1 have lust told
you would be true, that upon that three
hundred millions of tneir own lnueoi
edness which they loan, they draw not
less than twenty-one minions annually
bv wav of interest, and that is taken
out of the pockets of the people."
Now gentlemen let us examine me ob
jection to the National Banks so serios-
ly urged oy tne umoaeoaior. ne oujecis
to the National Banks for the reason
that they loan to the people three
hundred millions of money which they
are bound to redeem, and for the re
demption of which they have on de
posit in the United States Treasury,
bonds of the United States to secure
every dollar of their circulation. He
complains because they loan this cir
culation and receive interest upon the
loan. Suppose every dollar of .Nation
al Bank Daoer was taken up and every
National Bank, in existence had would
uo its business, and that instead, of the
324 millions of National Bank paper
now in circulation we had 324 millions
greenbacks. I shall not discuss the
proposition here as to how these green
backs are to be put into circulation. I
am satisfied however that the Demo
cratic party would soon find a means
of getting them into circulation some
way. iiut suppose iney were iu circu
lation in the hands of money changers,
instead of being in the National Banks.
They would be in the hands of private
bankiug institutions of private individ
uals, ol men who stand around on the
curbstonesand dothebusinessof money
changing. And suppose sir, that you
desired a loan of some portion of this
three hundred and twenty-four mil
lions of money; because it happens to
be in the shape of greenbacks, does any
one suppose that you would get it with
out interest? uoes any one suppose
that the government would make him
a present of this money lor a term of
months or of years without Interest?
The governmeut of the United States,
in the firsc place never loans its money,
and though you were to wije out every
National Bank in the land and substi
tute for their circulation greenbacks to
the ex tent of three hundred and twenty
four millions, yet if you borrowed this
money, if you used it in your business,
you would have to pay the interest
upon it just as you would pay it on the
circulation-of . the National Banks.
And so far asl can see the ouly differedce
to the tax payers, to the people, would
be in the fact that if . this circulation
was in the shape of greenbacks it
would pay no taxes whatever, either
to the general governmeut, or to the
stutes, while the National Bauks ol
tbis couuty, four In number, piy an
annual tax upon $500,000 of slock that
is upon tbo duplicate of your county,
and assessed for taxation just as other
property, and iu addition to this tbey
pay to the governmeut a tax of one
percent upon their circulation and
one-halt oi one per cent on .their de
posit, a tax ition amounting in this
county of Bttluiont to thousands of dol
lars, that you would utterly !se by the
policy proposed by Judge Ihurman in
this campaign. .
I shall not stop here to notice the
many objections urged against the Na
tional Banks, but 1 ask you as consider
ate men to stop a moment aud see if
you can realize what effect the wind
ing np of the business of this bank here
in Bridgeport, with its capital of two
hundred thousand dollars, would have
upon the business of this community,
upon the labor employed iu . your
mills, as well as upon every branch ol
trade and business in the town and
surrounding country. Yet this is what
we are urged to do by the Democratic
platform, and the Democratic speakers,
and all this is speciously urged in favor
of a greenback circulation.
Why, sir! when this money was
created the Democratic party opposed
it, when it was serving tne high and
holy purpose of saving this uation from
destruction they ''were opposed to it,
and 1 charge thdt they are its pretended
friends now rather for the purpose of
destroying it than of saving it. - I have
shown that with resumption an accom
plished fact we will have more than a
tbousaud millions of currency in tilt
country, every dollar of which will lx
worth one hundred cents. Money
enough to do all the business of the
country and more, end good money
I think I can seethe animus of the
Democratic! party in some of the votes
to which I have already alluded, in
the House of Representatives, Iu the
platform of that party in Ohio,, in
Indiana nnd in other States, and es
ppciidly by the Democratic State of
T.-nnessee. Tennessee is a Democratic
Stale and hs been for ten years, with
out let or hindrance from Radicalism,
and the question uppermost In their
present State canvass i- whether they
shall i ay their State dt.-ht, fnirly and
honestly contracted, or repudiate it.
The Tennws. e Democracy on the 16th
of last month. In their Omvention at
Naahville, made a declaration of
principles to which I desire to call at
tention. That State is represented in
Congress by a Democratic delegation of
nine members. They are men of force
and ability. They represent probably
the great central idea of the solid South
upon tne currency question and upon
economic politics generally They are
only a little more bold than their
brethren in Ohio and Indiana, and the
West, and have only declared in ad
vance what the Democratic party of
Ohio would declare to-day if they did
not stand in awe of the honesty and
integrity of our people.
BUT READ THE PLATFORM.
the name of Democracy we de
nounce an interest bearing debt as a
public curse. We denounce protection
as a public robbery. We demand the
repeal oi the decaration that the cur
rency bonds of the government shall be
paid in coin, and the payment n Treas
ury notes of so much of said bonds as
unty be found due after deducting the
difference between the value of the
gold paid and the currency due there'
on, according to the contract; the re
peal of the resumption act. that the
odious National Banking act be repeal
ed.and that greenbacks be substituted
for the circulation of the National
Banks; that the Treasury notes be made
receivable for all government dues;
that no more interest bearing bonds be
issued, and that all loans required by
the government be raised by the issu
ance of non-interest bearing Treasury
notes."
Here sir, is repudiation, open, bold.
denant. Hiaaet into law what is here
demanded and the measures to which
this party in Tennessee pledged itself,
and the bonds of the United States
would be worth no more in the mark
ets of the world than are the bonds of
the State of Tennessee to day. And
your legal tender money that stands
now within one-half of one per cent oi
par, would go rapidly down the i-cale
until it would finally reach the gutter
in which the Confederate currency
rotted lo years ago. It is the same old
war against the credit of the govern
ment that was begun almost as soon as
tbe war closed, and thit was thought
to have been settled forever by the act
of Alan-h 18th, 1869, entitled "An act to
strengthen tbe public credit." And
here let me say of that act, that is so
often quoted by the Democratic plat
form makers and by Democratic speak
ers as an act that added millious of dol
lars to the public burthens, that It was
passed in March, 1868, after the ques
tion as to the payment of the public
debt had been discussed in the cam
paign of 1868, and while we are told
upon every hand that it was an act
mainly in the interest of the bond hold"
er and of the public creditor, of the
banker, and all that, yet whilst they
had an interest in strengthening the
public credit and securing an honest
and full payment of their bonda in
coin, yet I take it that the legislation
commenced in 1869, and that culminat
ed in the passage of tbe Resumption
Act of 1878, while it strengthened the
public credit and while it beuefited tbe
boudb ilder, yet. In tho long run there
is no class of people In this country
who have received and who will here1
after receive more benefit from this
legislation than the poor man, tbe
laboring man, the tradesman, those
who have but little of this world's
goods, and that little mainly in money,
These acts were not Intended solely
to secure the payment of the public
creditor injeoin but were InicndeJJto
tbe standard of coin the money of the
people. It don't matter to you or I
whether the bondholder receives his
interest and principal in gold or green'
backs, provided always that the green
backs are equivalent to gold.
Now those who cry out against the
actor March, 1869, cry out against
makiag your greenback equal in value
to coin. The verj argument they ' use
is one In favor of . keeping ' an mi a
depreciated currency so that you may
tonally pay tbe bondholder the princi
pal of his bond, as it becomes due, in
a dollar leas than one hundred cents.
If their outcry means anything but
campaigning claptrap it means this. It
is no advantage to the bondholder to
receive his . interest in gold now, as it
was a few years ago. Then the money
in which be received his interest was
worth ten. fifteen or twenty 'five per
cent more than tbe greenback, more
than your money, and by reason of the
legislation of th last few years,
and above . all, by reason of the
faith that the people iu this
country have in Ithe honesty an 1 in
tegrity of their Uoveroment, the bond
holder's money is no better to-day
than tbe laboring man's money.
THE LAST FIVE YEARS.
I kn6w that the Republican party has bad a
struggle of five years against the hard times.
asaiast tho prevalence of low w aires, the
want of work, and especially the general dis
tress throughout the manufacturing and min
ing districts of the country- It is to-day, and
has been for five years, contending against
tbe very condition of things that Mr. f endle
ton and other leaders of tbe Democratic party
in 1863 predicted as tbe inevitable result of
putting afloat a legal tender money, and Irre
deemable paper currency: ' These disasters
were foreseen, they were foreshadowed, and
tbe country was, to some extent, forewarned
in 18(52. Tue overtrading, the running . In
debtlbe speculative enterprises, tbe extrava
gance in living that was predicted then, all
followed, and we have been reaping the con
sequences for five years.
1 congratulate tbe Republican party of Ohio
npon the courage it has displayed, and the po
sition it has maintained since 1873, in tbe face
of all discouiaements; and I still have faith
that the intelligence and integrity of our peo
ple will carry us triumphantly through to re
demption, to the time when our papsi money
will be convertible into coin, and that we will
weather the storm, and Dot bring upon our
selves in our extremity, tbe disastrous conse
quences of a further departure from tbe poli
cy and principles of our fathers, as laid down
in tbe constitution and developed in the finan
cial policy of our Government in tbe century
preceding the wan
The outlook is not a disastrous one when
we come to take into account the condition of
tbe public credit. Tbe public debl has been
reduced from tbe highest point it ever reach
ed, amounting to about $3,000,000,000 in
1865. On September 1, 1878. the total debt
less c&sb in tbe Treasury was $2,029,105,030.-
There has been a reduction of interest on
tbe public debt, by the refunding of bigb rate
interest bonds into bonds of a Tower rate, to
the amount of $28,100,643 99 annually and
tne total reduction ot interest upon principal
paid and upon refunding is 55 millions and
upward.
From being compelled to borrow money at
a high rate of interest as at the beginning of
me itepuuncan administration, we can now
get all we want at a rate lower than any other
government on the face or the -earth, except
Great Britain. Nor is tbis all that is encour
aging in the prospect. There was a time
when, owing to the terrible struggle through
which we bad passed from 1861 to 1865, gold,
the money standard of the civilized world,
the metal that controls values and prices ev
erywhere, was at a premium of 2o0. To-day
it is worth only one-half of one per cent pre
mium. But t iiis is not all. About tbe close
of the war you paid 20 cents per pound for
crushed sugar, it is now worth 10 cents. Cu
ba sugar 21 cents, now worth 8. New Or
leans molassefc $1 35 per gallon, it is nw 40c
Coffee was 45c per pound, it U now 20c. Cot
ton was $i 50 per pound, it is now 12c. Pork
was $49 per barrel, it is now worth $9. Com
mon prints were worth 40 cents per yard,
tbey are bow 6c Delaines were 40c, tbey
are now worth 10c Ginghams have declined
fioru 40c per yard to 6c. Brown drillings
were then worth 60c per yard, tbey can now
be had at 12c. Canton flannels were then
65c, tbey art now 8c. Bleached mus
lins were then 55c per yard, they are now 12c.
Brown muslins were then .Vic, they are now
8c.
THE BALANCE OF TRADE.
During the war the balance of trade was
vastly against us and for a number of years
immediately succeeding the war it ran against
us at a rate averaging more than a hundred
millions per year. And even down as laie as
loin, when we came to make up our balances,
we fonnd tbe ledger against us. But in 1870
'77 tbe balance of trade in oar favor ,was
$151,152,094, a very fair showing, and tbe'
last year, closing with June, 1878, shows
balance in our favor of 257,832,667, an in
crease over the previous year of $106,080,573 1
and the year closing with tbe last of July a
balance in our favor of more than z0 millions
of dollars.
And this upon no meager account, for we
bought in 1877-8 $437,051,533 worth of goods
from abroad. But we sold ot our products.
and largely of American manufactures
abroad, $694,884,200 worth. If a farmer
finds at the end of tbe year that be has been
selling from the products of his farm more
than be has been buying, be accounts mmseti
well off, and tbe year a prosperous one. This
nation under the policy of the Republican
party, has come to a point in its history.
When as a people we are selling far more than
we are buying. Tbis surplus is all added year
after year to the aggregate wealth of the coun
try. Another showing is equally favorable to
us. While it was estimated only a few years
ago that we paid O0,UUU,000 ol interest an
nually upon our bonds that were held abroad,
we now pay on tbe same account, to foreign
bondholders, not above twelve or fifteen mil
lions of dollars per annum, thus showing that
tbe interest upon our public debt is being paid
mainly to our own people and no longer goes
ahtoad. Tbe interest upon tbe debt is no
longer sapping the life blood from tbe Treas
ury and people, year by year, but remains at
home to return in circling currents from the
Treasury to tbe people and from the people
to the Treasury. Another matter, you are
told by the Democratic platform makers and
Democratic speakers, that the people of tbis
country are oppressed by federal taxation. I
deny totally and wholly the proposition: we
collect, it is true, in round numbers, two
hundred and forty millions annually from va
rious sources to meet the demands of tbe
United States Treasury. In tbe neighborhood
of one hundred millious of it goes to pay in
terest on the public debt, thirty millions of it
goes to satisfy the demands of the pensions of
tbe late war, and tbe remainder to defray tbe
ordinary and extraordinary expenses of the
Government. But of this enormous sum of
money, thus collected, how much do you pay?
Look around and answer the question for
yourselves, where do you pay federal taxes
and how do you pay them ?
I have already told you the great reduction
in the prices of tbe standard articles of cloth
ing and food consumed by your families. You
buy drillings, cotton goods, and woolen goods
cheaper than ever before in your lives. And
yet we are raising revenues for the support of
tbe Government by taxing these articles when
imported from abroad. We get about 130
millions of dollars of our revenue from our
tariff schedule, some from foreign iron and
foreign glass, from foreign cotton and woolen
goods, and while the levying of this revenue
protects our own home industries it adds but
little, if anything to the burdens of tbe peo
ple in the way of taxation. And I assert here
that the only tax that can in any way be con
sidered a burden to tbe people of Bridgeport
is the enhanced value of liquors and tobacco
in their various forms by reason of internal
revenue taxation.
REPUBLICAN PARTY THE FRIEND OF THE
LABORER.
Perhaps there never was a Government on
the face of tbe earth before, required to raise
so enormous a revenue as ours, that touched
so lightly tbe pockets of the laboring classes.
It has been the policy of the Republican party
to tax, as lightly as possible, the necessaries
of lite, and to levy the revenue upon luxuries
rather. I believe that a little more courage, a
little more patience will bring us out safely.
It may be that the Republiaan party has made
mistakes, and it undoubtedly has, in the man
agement of the great economic questions that
it has been called npon to meet in the last fif
teen years, but its legislation has been in tbe
direction of honesty, of honest money and of
tbe credit of the nation. The Democratic
party on tbe other hand has been a carping
fault-finder for almost 20 years. It has stood
ready at any time since the close of tbe war,
in tbe west and in tbe south, to abandon tbe
credit of the nation and tbe money of tbe peo
ple, for tbe wildest schemes of the most vis
ionary advocate of "absolute" or "fiat"
money.
We have passed through tbe darkest hour,
and light is already shining upon our fore-.
beads. - We can redeem this dollar of Lincoln
and of Chase in good, round gold and silver
coin. Let us stand together until that is done,
as 1 believe it will be done next January, when
every dollar of tbe Government money and
every dollar ot bank paper will be convertible,
at tbe desire of tbe bolder, into coin. I be
lieve we will have that condition of things.
and I have faith in the President of the United
States. I have faith that the Resumption act
will not be repealed in the next Congress. I
have faith that even if a Congress shall be
elected that will so far forget the spirit of the
Constitutions and tbe lessons of tbe fathers,
as in a time of prosperity and peace, when we
are collecting annually more revenue than is
needed to meet tbe ordinary and extraordinary
expenditures of the Government and when tbe
balance ot trade is more than two hundred ana
fifty millions of dollars annually in our favor,
if, I say, that Congress shall so far forget the
lessons of history as to launch again npon tbe
sea of irredeemable paper currency, I believe
that Mi'. Hayes, remembering tbe language of
President Lincoln, and of tbe Supreme Court
of the United States in the legal tender de
cisions, will interpos as he has a right, and
as 1 believe be will be bound to do, his veto
against any such wild and visionary schemes.
I believe we will have resumption, that coin
will appear again among the people, and if the
Democratic party er any other party shall
come into power hereafter, and in time of pro
found peace, attempt to overthrow what was
the settled policy of the Government for more
than half a century, and what tbe Republican
party has struggled up to during fifteen years
of terrible trial. I believe that tbe people will
overturn them with a voice so loud and so po
tent, that tbey will never again be resurrected
from tbe public coudemcation they will de
serve. . .
"You Have not Given the Democrats
Power Enough to Carry
Out Their Professions."
The Britain- Leader, in a feebla apol
ogy for the non-fulfillment of Demo
cratic professions, in reply to a thrust
from a GioenlMck paper, says "You
have never given tho Democrats pow.
er enough to carry out their profeb
sions.'' Didi't, h? Who was in power when
tho Hempstead law. riving to poor
men a homo iu the West, was defeated?
"the Democracy;'' and Tom Ilend-
riekV last vote iu the Seuate' wai
against it.
Who whs in power when the
labor industries of the country, were
prostrate in the dust a lew years
ago, when the lower House of Congress
went into the hands of the "rebel
brigadiers" uuder promise to the peo
ple of "better times," and who spent
a good part ot that session in ad
vocating aninwty to the arch rebel and
sainted Democrat, Jeff. Davis, and on
ly ceased it when Jim. Blaine, the
knight errant of chivalry, seized them
by the throat and choked them till
their tongues protruded from their
mouths, black as their record? "the
Democracy."
Who w&s in power last winter In tbe
lower House of Congress the direct
representative of tbe people when tbe
cry of bread went up from many a
household, from want of work, and the
people's time and money were wasted
and squandered by Fernando Wood in
an effort to pass a "free trade" bill
through Congress, thus striking to
death tbe remnant of American indus
try? "the Democracy."
Who declares that he will still force
this free trade bill through the coming
Cbngre.? Fernando Wood, of "the
Democracy."
Who to-day has as its candidate for
Congress in this district, a notorious
free trade Democrat and demagogue,
in favor of patting out the fires in oar
workshops and mills in aid of Fernan.
do Wood's free trade bill? "tbe Dem
ocracy." Who was in power lor sixty years.
almost uninterruptedly, during which
occurred tbe most terrible panics tbis
country has ever experienced, when
every thing money especially was at
leriy wortniessr "ine uemocracy."
Who was la power when tue most
gigantic crime against popukr liberty
and the rights of man ever heard of,
was concocted aud carried into fearful
execution? "the Democracy."
Who was in power when the great
civil war was inaugurated, and rtct-iv-ed
every encouragement from its
bands, which sent a half million of
young braves to their graves, and left
as a U-gacy tbe demoralization of trade
and a mountain of debt? "the Democ
racy." Who was in poAer when tbe nation
was robbed anu pillaged to aid rebel
lion? "the Democracy."
What party, after it had been hurled
from power, after it had instituted civil
war, went into the money markets ot
the world and assailed the public cred
it, and by every means in its power
helped to discredit the greenback, until
it was worth but 35 cents on the dol
lar? "the Democracy."
What party wa3 it that after striking
at the life of the nation by every
means, and at all times, resisted enlist
ments, thus prolonging the war in
creasing the public debt, added to woe,
misery and death throughout the land,
by all tbe aid and comfort it could give
the enemy? "the Democracy."
What party, after its Pendlctons,
Vallandlgbams and Thurmans had as
sailed the greenbacks as "vagabonds,"
"fugitives," and "rags," now comes to
be tbe god mothers and sponsors for
these same worthless greenback?
"the Democracy."
What patty has always been the en
emy of the working man, from ten
cent Jimmy Buchanan down? "the
Democracy."
- What party was it, when the life of
tbe nation trembled in the balance, and
the very air was quick with impending
events, nnd the blood of the Union de
fenders was spattering tbe grave-stones
of Gettysburgh, in Columbus, Ohio, in
Convention assembled, sent greeting to
its friends South? "the Democracy."
What party, that, having done its
worst to destroy the natiou's life and
discredit its money, now wants to come
in as its custodians and rulers? "tne
Democracy."
Wbo are some of these Democratic
apostles? Thurman, the feeder of reb
el prisoners in Camp Chase; Tom Ew
ing, the bankrupt; Ceorge II. Pend.e-
ton, the Kentucky railroad swindler,
and the denouncer of public faith and
public virtue; and last but not least,
O'Conner.
Updegraff and the Cadiz Lightgnards.
The Cadiz Seutinel and the Steuben
ville Gazette are troubled over the
fact that the Cadiz Military Company
have named themselves the "Upde
graff Light Guards." These two news
papers accuse the company of dishon
orable action in regard to the matter,
and say that the members deliberately
uuder took to "bleed" Dr. Updegrafl,
and to obtain money from him under
fa pretenses. Their statements are
unjust both to the company and Dr.
Updegraff. The fact is, that the com
pany adopted the name of "Tbe Upde
graff Guards" of their own free will
and accord, as they certainly bad the
right to do, and they alter ard solicit
ed the Doctor to assist them, financial
ly, stating to him that tbey were in
need of funds, which was, no doubt,
true. They presented to him the fact
that the citizens of Cadiz .had assisted
them to the amount ol several hundred
dollars, in providing them with an
armory, furnishing them with uni
forms, Ac, and n iw that they bad
adopted his name out of motives only
of friendship, they appealed to him to
assist them financially, which, they
felt certain he would do. On the day
of the Soldiers' Reunion at Cadiz the
Doctor was appealed to In the matter,
not only by Company, but also by
several citizens of Cadiz on their be
half, one of whom was the editor of
this paper. He said that he would
assist them and did so, to the extent of
one hundred dollars. These are all
tbe facts in the case. That the Demo
cratic papers should distort and mis
represent the fact, and talk about
bargain and sale and the promise of
enormous sums of monay, &c., only
shows that they are hard up for polit
ical capital. 1 hey are badly in need of
a donation themselves. Cadiz Republican.
45 Years Before the Public
THE GENUINE
DR. C. HoLANE'S
CELEBRATED
LIVER PILLS,
FOR THE cure or
Hepatitis, or Liver Complaint,
DvsnastA AUD SICK hbacachs. '
Symptoms of a Diseased Liver.
PAIN in the right side, under the
edge of the ribs, increases on pres
sure; sometimes the pain is in the left
side; the patient is rarely able to lie
on the left side ; sometimes the pain is
felt under the shoulder blade, and it
frequently extends to the top of the
shoulder, and is sometimes mistaken'
for rheumatism in the arm. The
stomach is affected with loss of appe
tite and sickness; the bowels in gen
eral are costive, sometimes alternative
with lax; the head is troubled with,
pain, accompanied with a dull, heavy
sensation in the back part There is
generally a considerable loss of mem
ory, accompanied with a painful sen
sation of having left undone some
thing which ought to have been done.
A slight, dry cough is sometimes an
attendant The patient complains of
weariness and debility; he is easily
startled, his feet are cold or burning,
and he complains of a prickly sensa
tion of the skin; his spirits are low;
and although he is satisfied that exer
cise would be beneficial to him, yet
he can scarcely summon up fortitude
enough to try it In fact, he distrusts
every remedy. Several of the above
symptoms attend the disease, but cases
have occurred where few of them ex
isted, yet examination of the body,
after death, has shown the liver to
have been extensively deranged.
AGUE AND FEVER.
Dr. C McLane's Liver Pills, in
cases or Ague and Fever, when
taken with Quinine, are productive of
the most happy results. No better
cathartic can be used, preparatory to,
or after taking Quinine. We would
advise all who are afflicted with this
disease to give them a r air trial.
For all bilious derangements, and as
a simple purgative, they are un equaled.
bewabe or IKTTATIOira.
The genuine are neyer sugar coated.
Etctt box has a red wax ml on the MS,
with the impression Da. McLanx's Ltviks
Fills.
The genuine McLane's Lrvix Pills bear
the signatures of C McLank and FLKMINO
Bros, on the wrappers. 4
Insist upon having the genuine Da. C.
McLane's Livia Pills, prepared by Flem
ine Bros., of Pittsburgh, Pa, the market being
full of imitations of the name HcLanep
spelled differently but same pronunciation.
P"4 wmmm
I biulnMi you can engage In
I 9 La I $0 lo I'JU rer Jt mad or Uf
lrs I worker of either rx, Dublin
B W I their own localities. Partle-
uiara and nniDlea worth li frre. Imorove
your spare time at this baslneea. Ad Ureas
SUM son A Co, Portland. Maine. 7-4.
TAXES FOR THE YEAR 1878.
In purtuanee of lair, I, HAMILTON KA TON, Trttuurer of Belmont eonnty, Ohio,
kertby give node to the Tax payer of mad eountr, that tAs taws Ueud on oaek HUN DRKD
DOLL A RM valuation of Taxable Property for the year 1878, for all purpotet in Uu'orteral
Totrnthipt and Corporation, art at follow
State Levy.
County Levy.
Sinking Fund
General Revenue Fund.......
Asylum Fund- .....
School Fund..
TotJ
05 cU.
04 eta.
. 10ct.
10 ct.
. 29 eta
County Fund .
13 eta.
.... 05 eta,
08 eta.
10 CU.
... 35 eta.
Bridge und
Poor Fund
Building Fund.... .....
Total
3!H
01
3 3
Townships 4 Corporations.
Colerain .
Flushing . . .
Flushing Corporation .
Flushing Softool District
Goshen
Kirk wood
Falrview School District
Fairview Corporation
Mead . . .
Pease . . .
Bridgeport Corporation
Bridgeport School District
Martin' Ferry School District
Martin's Ferry Corporation . .
Pultney .
Bellaire Corporation . .
Ilichland
St. CUireville Corporation
St. Clairsville School District '
Smith . .
Somerset . . .'
Union ...
Morriatown School District
Morristown Corporation
Warren
Barneaville Corporation
Barnesville School District
Washington
Wayne
Wheeling
York ....
Powhatan School District
03
02
02
I
02
02
02
The following are the provisions of the act of April 2d, 1859, with reference to the Semi
Annual collection of Taxes: ......
rjxcnoN 1.' That each person charged with Taxes on a Tax Duplicate in the hands of a
County Treasurer may of his option, pay the full amount of such Taxes on or before tbe
Twentieth day of December, or one-half thereof on or before tbe Twentieth day of Decem
ber, and the remaining half thereof on or before the Twentieth day of June next ensuing.;
. Sbotion 4. When one-half of tbe taxes as aforesaid, charged against any entry on Tax
Duplicate in the bands of a County Treasurer shall not be paid 00 or before the Twentieth
day of December next, after the same shall have been- so charged, or when the remainder ,of
such tax shall not be paid on or before the Twentieth day of June next thereafter, tbe Coun
ty Treasurer shall proceed to collect the same by distress or otherwise, as may at the time be
prescribed by? law, together with a penalty of five per centum on the amount of taxes so de
linquent, and hi ail cases where such half of any taxes, other than on real estate, shall not
have been paid on the Twentieth day of December, tue whole amount of taxes, other than on
real estate, for the current year so charged, shall be due and delinquent, and shall be collected
in tbe manner and with tbe penalty in this section.
Section S. When one-half of taxes charged against any entry of real estate, shall not be
paid on or before tbe Twentieth day of December in each year, or collected by distress or
otherwise prior to tbe February settlement, as authorized by this act, a penalty of fifteen per
aent thereon shall be added to such half of said taxes on the duplicate, and if said taxes and
penalty, including the remaining half of such taxes shall be paid on or before tbe Twentieth
day of June next thereafter, or collected by distress or otherwise prior to next August settle
ment, the same penalty shall be charged on said last half of said taxes, and the amount of tbe
whole together shall constitute the delinquent taxes on such real estate, to be collected in the
manner that is or may be prescribed by law, and if the amount of such delinquent taxes and
penalty together with one-half of tbe taxes charged on any such real estate for tbe current
year, shall not be paid on r before tbe Twentieth day of December of the same year, tbe said
delinquent taxes and penalty, and the whole of the taxes of tbe current year shall be due and
be collected by the sale of such real estate, in the manner that is or may be authorized by law,
and in case the first half of the taxes charged upon any real estate shall be paid on or before
tbe Twentieth day of December, as provided in this act, but th remaining half thereof shall
not be paid on or before the Twentieth day of June next thereafter, or be collected by distress
or otherwise, prior to the next August settlement, as provided in this act, then tbe same pen
alty shall be added to such unpaid taxes, and the same shall be treated as delinquent taxes as
provided in tbis act, and with' the taxes of tbe current year collected by the sale of such real
astate as aforesaid. , "
' I will attend in person or by Deputy at the following times and places for
the purpose or receiving 1 axes :
NEW CASTLfc, Waynef Township,
ARMSTRONG'S MILLS, Washington tp., Wednesday, October 2.
POWHATAN, York tp., Thursday, October 3. -
ALBRIGHT'S SCHOOL HOUSE, Mead tp., Friday, October 4. " .
CENTERVILLE, Smith tp., Saturday, October 5.
FARMINGTON, Colerain tp., Monday, October 7. . '
HENDRYSBURGH, Kirkwood tp., Thursday, October 10.
SEWELLS VILLE, Kirkwood tp., Friday, October 11. '
MORRISTOWN, Union tp., Saturday, October 12. - -;
-ROCKH1LL, Flushing tpv Monday, October 14. , .
FLUSHING, Flushing tp.,: Monday evening, October 14, , -
UNIONTOWN, Wheeling tp., Tnesdaf, October 15. -
MARTIN'S FERRY, Pease, Wednesday and Thursday, Oct 16th and 17th.
BRIDGEPORT, Pease tp., Friday, October 18th.
BELMONT, Goshen tp. Monday, October 21st.
BURR'S MILLS, Goshen tp., Tuesday, October 22nd.
BOSTON, Somerset tp., Wednesday, October 23rd.
SOMERTON, u Thursday jOctober 24th. ....
! BARNES VILLE, Warren, Friday & Saturday, October 25th and 26th.
i BELLAIRE, Pultney Tp, Monday, Tuesday 4 Wednesday, Oct. 28, 29 4 30
I will attend atthe Treasurer's O.Tice in St. Clairsville, from November 1st
until the 20th day of December next tu receive taxes after which all taxes re
maining unpaid will be subject to the penalties prescribed by law. .'
.Certificates for labor pefformefl on roads, received at the collection of June
Taxes, except when whole tax i paid at December collection. , ,
It is absolutely necessary, to avoid the full legal penalty, tbat prompt atten
tion be given in each and every case. While it is proposed to do everything
reasonable to satisfy tax-payers, yet no effort will be spared necessary to make
"
5F!H
.9
2
07J1O7
20
37
83
17
35
32
57
65
64. 84
64101
05
J9i
05
05
05
05
05
05
65
08
15
50
45
32
147
81
99
96
121
129
132
99
144
15
20
H5
45
10
30
68 61
05
25
35
80
64
64
10
05
GO
80
64124
64 144
05
0
70
125
64
189
107
226
92
145
118-
87
116
89
119
114
116
201
143
120
10
12
14
1
43
40
09
40
45
162
10
05
28
81
54
23
52
25
55
50
m
05
64j
10
10
10
40
$4'
10
64
35
64
05
05
11
04
64
45
64
45
64
64
07
23
52
05
(50
40
20j
137
64
07
50
21
79
164!
10
10
56
42
23
50
55
64'
25
13
04
64,106
05
87
114
10
10
13 21
11 128'
119
Tuesday, October L
HAMILTON EATON, Treasurer.
St. Clairsville, September 12, 1878.
1 . . - sa-r-
1 imzE&ms
Eminent Chemists and Physicians certify that theee roods are
free from adulteration, riohor, more effective, prodnoe better results
than any others, and that they use them in their own families. .
iPBicn
EXTRACT
STEELE A PRICE'S LUPULIN TEAST CEMS.
' ra Km fry ttop Xrmmt im tho World.
STEELE & PEICE, Manfrg.,'Cliicajo, St LouLs & Cincinnati.
1
St
BRANCH OF EXCELSIOR WORKS, BARNES VILLE, OHIO.
;'". - DEALERS!- ' . c ' :-
; Monuments, Head
Scotch nnd American Granite Meaumeati and Head Stone
Furnished to ardor. All wk done in best style, and nothing but the best material wed.
All persons in need of work will and it to their advantage togixe us a call. fcUfactioa
"l wMaUend at tbe Works, in 8t- Clairsville, eTery Saturday ??,a .. . ...
."Extracts.
SYivnPTTirj
jn UNIQUE PERFUMES are the Gems of all Odors.
I uu intnt. An agreeaoie, neaumui uquiu ocsuum.
LEMON UCAR. A substitute .for Lemons.
JAMAICA CINCER. From the pure root.
111
Stones, Mantles, Ac.
Wis
. r
CsELLER S til V E R PILLsV
H na mn4 It SI ym tkm fttsdarl R 4y tolatV
H ( f Umt Ctwnplmtmt: tn 1 11. fa AV-k M
ft nrW, and tM iwi umm its W Ito Lrnr, Wm4 M
l(W Urw Hill MM4 M If Uw daiisni. n
M whfct wiillri aost wwrfc. Andre. t&
B The? at-twd Mndrpfbtfdusi-ntnsisrMelltn.' B
B TM I St Snstdf. ftnatMstky. Tm afe 1&
HlM. Wd all DracvUMaad Matry to Kaaarn.B
ff 9KLLMd OK. rmp t, PHtennrf. r. T
1', ', P. TALLMAN A SON,
Attorjieys at Law,
Offlo. Sort-i-woat Oor. Vain A ManetMt.
St. Clair Ol, ()kio.