BANGOR SPEECH.

* Yesterday was a glorious day for the Republicans ofBangor. The weather was delightful and all the imposingexercises of the day were conducted with a gratifying andeven inspiring success.The noon train from Waterville brought Gov. Connor, Col.Ingersoll and Senator Blaine.At 3 p. m. the speakers arrived at the grounds and werereceived with applause as they ascended the platform, wherea number of the most prominent citizens of Bangor andvicinity were assembled. At this time the platform wassurrounded by a dense mass of people, numbering thousands.The meeting was called to order by C. A. Boutelle, in behalfof the Republican State Committee. As Col. Ingersoll wasintroduced by Gov. Connor he was welcomed by tumultuouscheers, which he gracefully acknowledged.As we said before, no report could do justice to such amasterly effort as that of the great Western Orator, and wehave not attempted to convey any adequate impression of anaddress which is conceded on all hands to be the mostremarkable for originality, power and eloquence ever heardin this section.Such a speech by such a man—if there is another—must beheard; the magnetism of the speaker must be felt; theindescribable influence must be experienced, in order toappreciate his wonderful power. The vast audience wasalternately swayed from enthusiasm for the grand principlesadvocated, to indignation at the crimes of Democracy, as therecord of that party was scorched with his invective; fromlaughter at the ludicrous presentment of Democraticinconsistencies, to tears brought forth by the pathos andeloquence of his appeals for justice and humanity. Duringportions of his address there was moisture in the eyes ofevery person in the audience, and from opening to close heheld the assemblage by a spell more potent than that of anyman we have ever heard speak. It was one of the grandest,most cogent and thrilling appeals in behalf of the greatprinciples of liberty, loyalty and justice to all men, everdelivered, and we wish it might have been heard by everycitizen of our beloved Republic. The Colonel was repeatedlyurged by the audience to go on, and he spoke for about twohours with undiminished fervor. His hearers would gladlyhave given him audience for two hours longer, but with asplendid tribute to Mr. Blaine as the strongest tie betweenNew England and the West, he took his seat amid the ringingcheers and plaudits of the assemblage.—The Whig andCourier, Bangor, Maine, August 25,1876.

HAYES CAMPAIGN 1876.

I HAVE the honor to belong to the Republican party; the grandest, the sublimest party in the history of the world. This grand party is not only in favor of the liberty of the body, but also the liberty of the soul. This sublime party gives to all the labor of their hands and of their brains. This party allows every person to think for himself and to express his thoughts. The Republican party forges no chains for the mind, no fetters for the souls of men. It declares that the intellectual domain shall be forever free. In the free air there is room for every wing. The Republican party endeavors to remove all obstructions on the highway of progress. In this sublime undertaking it asks the assistance of all. Its platform is Continental. Upon it there is room for the Methodist, the Baptist, the Catholic, the Universalist, the Presbyterian, and the Freethinker. There is room for all who are in favor of the preservation of the sacred rights of men.

I am going to give you a few reasons for voting the Republican ticket. The Republican party depends upon reason, upon argument, upon education, upon intelligence and upon patriotism. The Republican party makes no appeal to ignorance and prejudice. It wishes to destroy both.

It is the party of humanity, the party that hates caste, that honors labor, that rewards toil, that believes in justice. It appeals to all that is elevated and noble in man, to the higher instincts, to the nobler aspirations. It has accomplished grand things.

The horizon of the past is filled with the glory of Republican achievement. The monuments of its wisdom, its power and patriotism crowd all the fields of conflict. Upon the Constitution this party wrote equal rights for all; upon every statute book, humanity; upon the flag, liberty. The Republican party of the United States is the conscience of the nineteenth century. It is the justice of this age, the embodiment of social progress and honor. It has no knee for the past. Its face is toward the future. It is the party of advancement, of the dawn, of the sunrise.

The Republican party commenced its grand career by saying that the institution of human slavery had cursed enough American soil; that the territories should not be damned with that most infamous thing; that this country was sacred to freedom; that slavery had gone far enough. Upon that issue the great campaign of 1860 was fought and won. The Republican party was born of wisdom and conscience.

The people of the South claimed that slavery should be protected; that the doors of the territories should be thrown open to them and to their institutions. They not only claimed this, but they also insisted that the Constitution of the United States protected slave property, the same as other property everywhere. The South was defeated, and then appealed to arms. In a moment all their energies were directed toward the destruction of this Government. They commenced the war—they fired upon the flag that had protected them for nearly a century.

The North was compelled to decide instantly between the destruction of the nation and civil war.

The division between the friends and enemies of the Union at once took place. The Government began to defend itself. To carry on the war money was necessary. The Government borrowed, and finally issued its notes and bonds. The Democratic party in the North sympathized with the Rebellion. Everything was done to hinder, embarrass, obstruct and delay. They endeavored to make a rebel breastwork of the Constitution; to create a fire in the rear. They denounced the Government; resisted the draft; shot United States officers; declared the war a failure and an outrage; rejoiced over our defeats, and wept and cursed at our victories.

To crush the Rebellion in the South and keep in subjection the Democratic party at the North, thousands of millions of money were expended—the nation burdened with a fearful debt, and the best blood of the country poured out upon the fields of battle.

In order to destroy the Rebellion it became necessary to destroy slavery. As a matter of fact, slavery was the Rebellion. As soon as this truth forced itself upon the Government—thrust as it were into the brain of the North upon the point of a rebel bayonet—the Republican party resolved to destroy forever the last vestige of that savage and cruel institution; an institution that made white men devils and black men beasts.

The Republican party put down the Rebellion; saved the nation; destroyed slavery; made the slave a citizen; put the ballot in the hands of the black man; forgave the assassins of the Government; restored nearly every rebel to citizenship, and proclaimed peace to, and for each and all.

For sixteen years the country has been in the hands of that great party. For sixteen years that grand party, in spite of rebels in arms—in spite of the Democratic party of the North, has preserved the territorial integrity, and the financial honor of the country. It has endeavored to enforce the laws; it has tried to protect loyal men at the South; it has labored to bring murderers and assassins to justice, and it is working now to preserve the priceless fruits of its great victory.

The present question is, whom shall we trust? To whom shall we give the reins of power? What party will best preserve the rights of the people?

What party is most deserving of our confidence? There is but one way to determine the character of a party, and that is, by ascertaining its history.

Could we have safely trusted the Democratic party in 1860? No. And why not? Because it was a believer in the right of secession—a believer in the sacredness of human slavery. The Democratic party then solemnly declared—speaking through its most honored and trusted leaders—that each State had the right to secede. This made the Constitution anudum pactum, a contract without a consideration, a Democratic promise, a wall of mist, and left every State free to destroy at will the fabric of American Government—the fabric reared by our fathers through years of toil and blood.

Could we have safely trusted that party in 1864, when, in convention assembled, it declared the war a failure, and wished to give up the contest at a moment when universal victory was within the grasp of the Republic? Had the people put that party in power then, there would have been a Southern Confederacy to-day, and upon the limbs of four million people the chains of slavery would still have clanked. Is there one man present who, to-day, regrets that the Vallandigham Democracy of 1864 was spurned and beaten by the American people? Is there one man present who, to-day, regrets the utter defeat of that mixture of slavery, malice and meanness, called the Democratic party, in 1864?

Could we have safely trusted that party in 1868?

At that time the Democracy of the South was trying to humble and frighten the colored people or exterminate them. These inoffensive colored people were shot down without provocation, without mercy. The white Democrats were as relentless as fiends. They killed simply to kill. They murdered these helpless people, thinking that they were in some blind way getting their revenge upon the people of the North. No tongue can exaggerate the cruelties practiced upon the helpless freedmen of the South. These white Democrats had been reared amid and by slavery. Slavery knows no such thing as justice, no such thing as mercy. Slavery does not dream of governing by reason, by argument or persuasion. Slavery depends upon force, upon the bowie-knife, the revolver, the whip, the chain and the bloodhound. The white Democrats of the South had been reared amid slavery; they cared nothing for reason; they knew of but one thing to be used when there was a difference of opinion or a conflict of interest, and that was brute force. It never occurred to them to educate, to inform, and to reason. It was easier to shoot than to reason; it was quicker to stab than to argue; cheaper to kill than to educate. A grave costs less than a schoolhouse; bullets were cheaper than books; and one knife could stab more than forty schools could convert.

They could not bear to see the negro free—to see the former slave trampling on his old chains, holding a ballot in his hand. They could not endure the sight of a negro in office. It was gall and wormwood to think of a slave occupying a seat in Congress; to think of a negro giving his ideas about the political questions of the day. And so these white Democrats made up their minds that by a reign of terrorism they would drive the negro from the polls, drive him from all official positions, and put him back in reality in the old condition. To accomplish this they commenced a system of murder, of assassination, of robbery, theft, and plunder, never before equaled in extent and atrocity. All this was in its height when in 1868 the Democracy asked the control of this Government.

Is there a man here who in his heart regrets that the Democrats failed in 1868? Do you wish that the masked murderers who rode in the darkness of night to the hut of the freedman and shot him down like a wild beast, regardless of the prayers and tears of wife and children, were now holding positions of honor and trust in this Government? Are you sorry that these assassins were defeated in 1868?

In 1872 the Democratic party, bent upon victory, greedy for office, with itching palms and empty pockets, threw away all principle—if Democratic doctrines can be called principles—and nominated a life-long enemy of their party for President. No one doubted or doubts the loyalty and integrity of Horace Greeley. But all knew that if elected he would belong to the party electing him; that he would have to use Democrats as his agents, and all knew, or at least feared, that the agents would own and use the principal. All believed that in the malicious clutch of the Democratic party Horace Greeley would be not a President, but a prisoner—not a ruler, but a victim. Against that grand man I have nothing to say. I simply congratulate him upon his escape from being used as a false key by the Democratic party.

During all these years the Democratic party prophesied the destruction of the Government, the destruction of the Constitution, and the banishment of liberty from American soil.

In 1864 that party declared that after four years of failure to restore the Union by the experiment of war, there should be a cessation of hostilities. They then declared "that the Constitution had been violated in every part, and that public liberty and private rights had been trodden down."

And yet the Constitution remained and still remains; public liberty still exists, and private rights are still respected.

In 1868, growing more desperate, and being still filled with the spirit of prophecy, this same party in its platform said: "Under the repeated assaults of the Republican party, the pillars of the Government are rocking on their base, and should it succeed in November next, and inaugurate its President, we will meet as a subjected and conquered people, amid the ruins of liberty and the scattered fragments of the Constitution."

The Republican party did succeed in November, 1868, and did inaugurate its President, and we did not meet as a subjected and conquered people amid the ruins of liberty and the scattered fragments of the Constitution. We met as a victorious people, amid the proudest achievements of liberty, protected by a Constitution spotless and stainless—pure as the Alpine snow thrice sifted by the northern blast.

You must not forget the condition of the Government when it came into the hands of the Republican party. Its treasury was empty, its means squandered, its navy dispersed, its army unreliable, the offices filled with rebels and rebel spies; the Democratic party of the North rubbing its hands in a kind of hellish glee and shouting, "I told you so."

When the Republican party came into power in 1861, it found the Southern States in arms; it came into power when human beings were chained hand to hand and driven like cattle to market; when white men were engaged in the ennobling business of raising dogs to pursue and catch men and women; when the bay of the bloodhound was considered as the music of the Union. It came into power when, from thousands of pulpits, slavery was declared to be a divine institution. It took the reins of Government when education was an offence, when mercy, humanity and justice were political crimes.

The Republican party came into power when the Constitution of the United States upheld the crime of crimes, a Constitution that gave the lie direct to the Declaration of Independence, and, as I said before, when the Southern States were in arms.

To the fulfillment of its great destiny it gave all its energies. To the almost superhuman task, it gave its every thought and power. For four long and terrible years, with vast armies in the field against it; beset by false friends; in constant peril; betrayed again and again; stabbed by the Democratic party, in the name of the Constitution; reviled and slandered beyond conception; attacked in every conceivable manner—the Republican party never faltered for an instant. Its courage increased with the difficulties to be overcome. Hopeful in defeat, confident in disaster, merciful in victory; sustained by high aims and noble aspirations, it marched forward, through storms of shot and shell—on to the last fortification of treason and rebellion—forward to the shining goal of victory, lasting and universal.

During these savage and glorious years, the Democratic party of the North, as a party, assisted the South. Democrats formed secret societies to burn cities—to release rebel prisoners. They shot down officers who were enforcing the draft; they declared the war unconstitutional; they left nothing undone to injure the credit of the Government; they persuaded soldiers to desert; they went into partnership with rebels for the purpose of spreading contagious diseases through the North. They were the friends and allies of persons who regarded yellow fever and smallpox as weapons of civilized warfare. In spite of all this, the Republicans succeeded.

The Democrats declared slavery to be a divine institution; The Republican party abolished it. The Constitution of the United States was changed from a sword that stabbed the rights of four million people to a shield for every human being beneath our flag.

The Democrats of New York burned orphan asylums and inaugurated a reign of terror in order to co-operate with the raid of John Morgan. Remember, my friends, that all this was done when the fate of our country trembled in the balance of war; that all this was done when the great heart of the North was filled with agony and courage; when the question was, "Shall Liberty or Slavery triumph?"

No words have ever passed the human lips strong enough to curse the Northern allies of the South.

The United States wanted money. It wanted money to buy muskets and cannon and shot and shell, it wanted money to pay soldiers, to buy horses, wagons, ambulances, clothing and food. Like an individual, it had to borrow this money; and, like an honest individual, it must pay this money. Clothed with sovereignty, it had, or at least exercised, the power to make its notes a legal tender. This quality of being a legal tender was the only respect in which these notes differ from those signed by an individual. As a matter of fact, every note issued was a forced loan from the people, a forced loan from the soldiers in the field—in short, a forced loan from every person that took a single dollar. Upon every one of these notes is printed a promise. The belief that this promise will be made good gives every particle of value to each note that it has. Although each note, by law, is a legal tender, yet if the Government declared that it never would redeem these notes, the people would not take them if revolution could hurl such a Government from power. So that the belief that these notes will finally be paid, added to the fact that in the meantime they are a legal tender, gives them all the value they have. And, although all are substantially satisfied that they will be paid, none know at what time. This uncertainty as to the time, as to when, affects the value of these notes.

They must be paid, unless a promise can be delayed so long as to amount to a fulfillment. They must be paid. The question is, "How?" The answer is, "By the industry and prosperity of the people." They cannot be paid by law. Law made them; labor must pay them; and they must be paid out of the profits of the people. We must pay the debt with eggs, not with goose. In a terrible war we spent thousands of millions; all the bullets thrown; all the powder burned; all the property destroyed, of every sort, kind, and character; all the time of the people engaged—all these things were a dead loss. The debt represents the loss. Paying the debt is simply repairing the loss. When we, as a people, shall have made a net amount, equal to the amount thrown, as it were, away in war, or somewhere near that amount, we will resume specie payment; we will redeem our promises. We promised on paper, we shall pay in gold and silver. We asked the people to hold this paper until we got the money, and they are holding the paper and we are getting the money.

As soon as the slaves were free, the Republican party said, "They must be citizens, not vagrants." The Democratic party opposed this just, this generous measure. The freedmen were made citizens. The Republican party then said, "These citizens must vote; they must have the ballot, to keep what the bullet has won." The Democratic party said "No." The negroes received the ballot. The Republican party then said, "These voters must be educated, so that the ballot shall be the weapon of intelligence, not of ignorance." The Democratic party objected. But schools were founded, and books were put in the hands of the colored people, instead of whips upon their backs. We said to the Southern people, "The colored men are citizens; their rights must be respected; they are voters, they must be allowed to vote; they were and are our friends, and we are their protectors."

All this was accomplished by the Republican party.

It changed the organic law of the land, so that it is now a proper foundation for a free government; it struck the cruel shackles from four million human beings; it put down the most gigantic rebellion in the history of the world; it expunged from the statute books of every State, and of the Nation, all the cruel and savage laws that Slavery had enacted; it took whips from the backs, and chains from the limbs, of men; it dispensed with bloodhounds as the instruments of civilization; it banished to the memory of barbarism the slave-pen, the auction block, and the whipping-post; it purified a Nation; it elevated the human race.

All this was opposed by the Democratic party; opposed with a bitterness, compared to which ordinary malice is sweet. I say the Democratic party, because I consider those who fought against the Government, in the fields of the South, and those who opposed in the North, as Democrats—one and all. The Democratic party has been, during all these years, the enemy of civilization, the hater of liberty, the despiser of justice.

When I say the Democratic party sympathized with the Rebellion, I mean a majority of that party. I know there are in the Democratic party, soldiers who fought for the Union. I do not know why they are there, but I have nothing to say against them. I will never utter a word against any man who bared his breast to a storm of shot and shell, for the preservation of the Republic. When I use the term Democratic party, I do not mean those soldiers.

There are others in the Democratic party who are there just because their fathers were Democrats. They do not mean any particular harm. Others are there because they could not amount to anything in the Republican party. A man only fit for a corporal in the Republican ranks, will make a leader in the Democratic party. By the Democratic party, I mean that party that sided with the South—that believed in secession—that loved slavery—that hated liberty—that denounced Lincoln as a tyrant—that burned orphan asylums—that gloried in our disasters—that denounced every effort to save the nation—they are the gentlemen I mean, and they constitute a large majority of the Democratic party.

The Democrats hate the negro to-day, with a hatred begotten of a well-grounded fear that the colored people are rapidly becoming their superiors in industry, intellect and character.

The colored people have suffered enough. They were and are our friends. They are the friends of this country, and cost what it may they must be protected. The white loyal man must be protected. They have been ostracized, slandered, mobbed, and murdered. Their very blood cries from the ground.

These two things—payment of the debt and protection of loyal citizens, are the things to be done. Which party can be trusted?

Which will be the more apt to pay the debt?

Which will be the more apt to protect the colored and white loyalist at the South?

Who is Samuel J. Tilden?

Samuel J. Tilden is an attorney. He never gave birth to an elevated, noble sentiment in his life. He is a kind of legal spider, watching in a web of technicalities for victims. He is a compound of cunning and heartlessness—of beak and claw and fang. He is one of the few men who can grab a railroad and hide the deep cuts, tunnels and culverts in a single night. He is a corporation wrecker. He is a demurrer filed by the Confederate congress. He waits on the shores of bankruptcy to clutch the drowning by the throat. He was never married. The Democratic party has satisfied the longings of his heart. He has looked upon love as weakness. He has courted men because women cannot vote. He has contented himself by adopting a rag-baby, that really belongs to Mr. Hendricks, and his principal business at present is explaining how he came to adopt this child.

Samuel J. Tilden has been for years without number a New York Democrat.

New York has been, and still is, the worst governed city in the world. Political influence is bought and sold like stocks and bonds. Nearly every contract is larceny in disguise—nearly every appointment is a reward for crime, and every election is a fraud. Among such men Samuel J. Tilden has lived; with such men he has acted; by such men he has been educated; such men have been his scholars, and such men are his friends. These men resisted the draft, but Samuel J. Tilden remained their friend. They burned orphan asylums, but Tilden's friendship never cooled. They inaugurated riot and murder, but Tilden wavered not. They stole a hundred millions, and when no more was left to steal—when the people could not even pay the interest on the amount stolen—then these Democrats, clapping their hands over their bursting pockets, began shouting for reform. Mr. Tilden has been a reformer for years, especially of railroads. The vital issue with him has been the issue of bogus stock. Although a life-long Democrat, he has been an amalgamationist—of corporations. While amassing millions, he has occasionally turned his attention to national affairs. He left his private affairs (and his reputation depends upon these affairs being kept private) long enough to assist the Democracy to declare the war for the restoration of the Union a failure; long enough to denounce Lincoln as a tyrant and usurper. He was generally too busy to denounce the political murders and assassinations in the South—too busy to say a word in favor of justice and liberty; but he found time to declare the war for the preservation of the country an outrage. He managed to spare time enough to revile the Proclamation of Emancipation—time enough to shed a few tears over the corpse of slavery; time enough to oppose the enfranchisement of the colored man; time enough to raise his voice against the injustice of putting a loyal negro on a political level with a pardoned rebel; time enough to oppose every forward movement of the nation.

No man should ever be elected President of this country who raised his hand to dismember and destroy it. No man should be elected President who sympathized with those who were endeavoring to destroy it. No man should be elected President of this great nation who, when it was in deadly peril, did not endeavor to save it by act and word. No man should be elected President who does not believe that every negro should be free—that the colored people should be allowed to vote. No man should be placed at the head of the nation—in command of the army and navy—who does not believe that the Constitution, with all its amendments, should be sacredly enforced. No man should be elected President of this nation who believes in the Democratic doctrine of "States Rights;" who believes that this Government is only a federation of States. No man should be elected President of our great country who aided and abetted her enemies in war—who advised or countenanced resistance to a draft in time of war, who by slander impaired her credit, sneered at her heroes, and laughed at her martyrs. Samuel J. Tilden is the possessor of nearly every disqualification mentioned.

Mr. Tilden is the author of an essay on finance, commonly called a letter of acceptance, in which his ideas upon the great subject are given in the plainest and most direct manner imaginable. All through this letter or essay there runs a vein of honest bluntness really refreshing. As a specimen of bluntness and clearness, take the following extracts:

How shall the Government make these notes at all times as good as specie? It has to provide in reference to the mass which would be kept in use by the wants of business a central reservoir of coin, adequate to the adjustment of the temporary fluctuations of the international balance, and as a guaranty against transient drains, artificially created by panic or by speculation. It has also to provide for the payment in coin of such fractional currency as may be presented for redemption, and such inconsiderable portion of legal tenders as individuals may from time to time desire to convert for special use, or in order to lay by in coin their little store of money. To make the coin now in the treasury available for the objects of this reserve, to gradually strengthen and enlarge that reserve, and to provide for such other exceptional demands for coin as may arise, does not seem to me a work of difficulty. If wisely planned and discreetly pursued, it ought not to cost any sacrifice to the business of the country. It should tend, on the contrary, to the revival of hope and confidence.

In other words, the way to pay the debt is to get the money, and the way to get the money is to provide a central reservoir of coin to adjust fluctuations. As to the resumption he gives us this:

The proper time for the resumption is the time when wise preparation shall have ripened into perfect ability to accomplish the object with a certainty and ease that will inspire confidence and encourage the reviving of business.

The earliest time in which such a result can be brought about is best. Even when preparations shall have been matured, the exact date would have to be chosen with reference to the then existing state of trade and credit operations in our own country, and the course of foreign commerce and condition of exchanges with other nations. The specific measure and actual date are matters of details, having reference to ever-changing conditions. They belong to the domain of practical, administrative statesmanship. The captain of a steamer, about starting from New York to Liverpool, does not assemble a council over his ocean craft, and fix an angle by which to lash the rudder for the whole voyage. A human intelligence must be at the helm to discern the shifting forces of water and winds. A human mind must be at the helm to feel the elements day by day, and guide to a mastery over them. Such preparations are everything. Without them a legislative command fixing a day—an official promise fixing a day, are shams. They are worse. They are a snare and a delusion to all who trust them. They destroy all confidence among thoughtful men whose judgment will at last sway public opinion. An attempt to act on such a command, or such a promise without preparation, would end in a new suspension. It would be a fresh calamity, prolific of confusion, distrust, and distress.

That is to say, Congress has not sufficient intelligence to fix the date of resumption. They cannot fix the proper time. But a Democratic convention has human intelligence enough to know that the first day of January, 1879, is not the proper date. That convention knew what the state of trade and credit in our country and the course of foreign commerce and the condition of exchanges with other nations would be on the first day of January, 1879. Of course they did, or else they never would have had the impudence to declare that resumption would be impossible at that date.

The next extract is more luminous still:

The Government of the United States, in my opinion, can advance to a resumption of specie payments on its legal tender notes by gradual and safe processes tending to relieve the present business distress. If charged by the people with the administration of the executive office, I should deem it a duty so to exercise the powers with which it has or may be invested by Congress, as the best and soonest to conduct the country to that beneficent result.

Why did not this great statesman tell us of some "gradual and safe process"? He promises, if elected, to so administer the Government that it will soon reach a beneficent result. How is this to be done? What is his plan? Will he rely on "a human intelligence at the helm," or on "the central reservoir," or on some "gradual and safe process"?

I defy any man to read this letter and tell me what Mr. Tilden really proposes to do. There is nothing definite said. He uses such general terms, such vague and misty expressions, such unmeaning platitudes, that the real idea, if he had one, is lost in fog and mist.

Suppose I should, in the most solemn and impressive manner, tell you that the fluctuations caused in the vital stability of shifting financial operations, not to say speculations of the wildest character, cannot be rendered instantly accountable to a true financial theory based upon the great law that the superfluous is not a necessity, except in vague thoughts of persons unacquainted with the exigencies of the hour, and cannot, in the absence of a central reservoir of coin with a human intelligence at the head, hasten by any system of convertible bonds the expectation of public distrust, no matter how wisely planned and discreetly pursued, failure is assured whatever the real result may be.

Must we wage this war for the right forever? Is there no time when the soldiers of progress can rest? Will the bugles of the great army of civilization never sound even a halt? It does seem as though there can be no stop, no rest. It is in the world of mind as in the physical world. Every plant of value has to be cultivated. The land must be plowed, the seeds must be planted and watered. It must be guarded every moment. Its enemies crawl in the earth and fly in the air. The sun scorches it, the rain drowns it, the dew rusts it. He who wins it must fight. But the weeds they grow in spite of all. Nobody plows for them except accident. The winds sow the seeds, chance covers them, and they flourish and multiply. The sun cannot burn them—they laugh at rain and frost—they care not for birds and beasts. In spite of all they grow. It is the same in politics. A true Republican must continue to grow, must work, must think, must advance. The Republican party is the party of progress, of ideas, of work. To make a Republican you must have schools, books, papers. To make a Democrat, take all these away. Republicans are the useful; Democrats the noxious—corn and wheat against the dog fennel and Canada thistles.

Republicans of Maine, do not forget that each of you has two votes in this election—one in Maine and one in Indiana.

Remember that we are relying on you. There is no stronger tie between the prairies of Illinois and the pines of Maine—between the Western States and New England, than James G. Blaine.

We are relying on Maine for from twelve to fifteen thousand on the 12th of September, and Indiana will answer with from fifteen to twenty thousand, and hearing these two votes the Nation in November will declare for Hayes and Wheeler.*

* This being a newspaper report, and never revised by theauthor, is of necessity incomplete, but the publisher feelsthat it should not be lost

*Col. Robert G. Ingersoll of Illinois last night, at CooperUnion, spoke on the political issues of the day, at unusuallength, to the largest and most enthusiastic audience which,during the last ten years, any single speaker has attracted.His address was in his happiest epigrammatic style, and wasinterrupted every few moments either by the most uproariouslaughter or enthusiastic cheering. It is no exaggeration tosay that the meeting was the largest Cooper Institute hasseen since the war. Not merely the main hall was filled, butthe wide corridor in Third Avenue, the entrance hall inEighth Street, and every Committee-room to which his voicecould reach, though the speaker was unseen, were crowded—infact, literally packed. Half an hour before the hour namedfor the organization of the meeting, admission to the bodyof the hall was almost impossible; and selected officers,and the speaker of the evening himself had to beg their wayto the platform. The latter was as painfully crowded withinvited guests as the body of the hall; and ingress wasimpossible after the speaker began, and egress was almost asdifficult owing to the pressure in the committee-roomthrough which the platform is approached.Not only in numbers alone, but in the prominence of thepersons present, was the meeting impressive. Besides theusual large quota of active politicians always seen at suchmeetings, there were seen numbers of leading merchants,financiers, and lawyers of New York, prominent officials notonly of the City but the State and National Government.The speech was nearly two hours In length, but as theinterruptions were frequent, indeed almost continuous, itseemed very short, and when Mr. Ingersoll concluded his fireof epigrams, there were loud calls and appeals to him to goon. There were suggestions by some of the managers, of otherspeakers who might follow him, but the presiding officerwisely decided to submit no other speaker to the too severetest of speaking on the same occasion with Mr. Ingersoll.Chauncey M. Depew, on leaving the hall, remarked that it wasthe greatest speech he ever heard, and numbers of oldcampaigners were equally enthusiastic. At its conclusion,the reception which Mr. Ingersoll held on the platformlasted over half-an-hour, and when finally CommissionerWheeler piloted him through the crowd to his coach, three orfour hundred of the audience followed and gave him lustycheers as he drove off.—New York Tribune, September11,1876.

HAYES CAMPAIGN. 1876.

I AM just on my way home from the grand old State of Maine, and there has followed me a telegraphic dispatch which I will read to you. If it were not good, you may swear I would not read it: "Every Congressional district, every county in Maine, Republican by a large majority. The victory is overwhelming, and the majority will exceed 15,000." That dispatch is signed by that knight-errant of political chivalry, James G. Blaine.

I suppose we are all stockholders in the great corporation known as the United States of America, and as such stockholders we have a right to vote the way we think will best subserve our own interests. Each one has certain stock in this Government, whether he is rich, or whether he is poor, and the poor man has the same interest in the United States of America that the richest man in it has. It is our duty, conscientiously and honestly, to hear the argument upon both sides of the political question, and then go and vote conscientiously for the side that we believe will best preserve our interest in the United States of America. Two great parties are before you now asking your support—the Democratic party and the Republican party. One wishes to be kept in power, the other wishes to have a chance once more at the Treasury of the United States. The Democratic party is probably the hungriest organization that ever wandered over the desert of political disaster in the history of the world. There never was, in all probability, a political stomach so thoroughly empty, or an appetite so outrageously keen as the one possessed by the Democratic party. The Democratic party has been howling like a pack of wolves looking in with hungry and staring eyes at the windows of the National Capitol, and scratching at the doors of the White House. They have been engaged in these elegant pursuits for sixteen long, weary years. Occasionally they have retired to some convenient eminence and lugubriously howled about the Constitution. The Democratic party comes and asks for your vote, not on account of anything it has done, not on account of anything it has accomplished, but on account of what it promises to do; the Democratic party can make just as good a promise as any other party in the world, and it will come farther from fulfilling it than any other party on this globe. The Republican party having held this Government for sixteen years, proposes to hold it for four years more. The Republican party comes to you with its record open, and asks every man, woman and child in this broad country to read its every word. And I say to you, that there is not a line, a paragraph, or a page of that record that is not only an honor to the Republican party, but to the human race. On every page of that record is written some great and glorious action, done either for the liberty of man, or the preservation of our common country. We ask every body to read its every word. The Democratic party comes before you with its record closed, recording every blot and blur, and stain and treason, and slander and malignity, and asks you not to read a single word, but to be kind enough to take its infamous promises for the future.

Now, my friends, I propose to tell you, to-night, something that has been done by the Democratic party, and then allow you to judge for yourselves. Now, if a man came to you, you owning a steamboat on the Hudson River, and he wished to hire out to you as an engineer, and you inquired about him, and found he had blown up and destroyed and wrecked every steamboat he had ever been engineer on, and you should tell him: "I can't hire you; you blew up such an engine, you wrecked such a ship," he would say to you, "My Lord! Mister, you must let bygones be bygones." If a man came to your bank, or came to a solitary individual here to borrow a hundred dollars, and you went and inquired about him and found he never paid a note in his life, found he was a dead-beat, and you say to him, "I cannot loan you money." "Why?" "Because, I have ascertained you never pay your debts." "Ah, yes," he says, "you are no gentleman going prying into a man's record," I tell you, my good friends, a good character rests upon a record, and not upon a prospectus, a good record rests upon a deed accomplished, and not upon a promise, a good character rests upon something really done, and not upon a good resolution, and you cannot make a good character in a day. If you could, Tilden would have one to-morrow night.

I propose now to tell you, my friends, a little of the history of the Republican party, also a little of the history of the Democratic party.

And first, the Republican party. The United States of America is a free country, it is the only free country upon this earth; it is the only republic that was ever established among men. We have read, we have heard, of the republics of Greece, of Egypt, of Venice; we have heard of the free cities of Europe. There never was a republic of Venice; there never was a republic of Rome; there never was a republic of Athens; there never was a free city in Europe; there never was a government not cursed with caste; there never was a government not cursed with slavery; there never was a country not cursed with almost every infamy, until the Republican party of the United States made this a free country. It is the first party in the world that contended that the respectable man was the useful man; it is the first party in the world that said, without regard to previous conditions, without regard to race, every human being is entitled to life, to liberty, and the pursuit of happiness, and it is the only party in the world that has endeavored to carry those sublime principles into actual effect. Every other party has been allied to some piece of rascality; every other party has been patched up with some thieving, larcenous, leprous compromise. The Republican party keeps its forehead in the grand dawn of perpetual advancement; the Republican party is the party of reason; it is the party of argument; it is the party of education; it believes in free schools, it believes in scientific schools; it believes that the schools are for the public and all the public; it believes that science never should be interfered with by any sectarian influence whatever.

The Republican party is in favor of science; the Republican party, as I said before, is the party of reason; it argues; it does not mob; it reasons; it does not murder; it persuades you, not with the shot gun, not with tar and feathers, but with good sound reason, and argument.

In order for you to ascertain what the Republican party has done for us, let us refresh ourselves a little; we all know it, but it is well enough to hear it now and then. Let us then refresh our recollection a little, in order to understand what the grand and great Republican party has accomplished in the land.

We will consider, in the first place, the condition of the country when the Republican party was born. When this Republican party was born there was upon the statute books of the United States of America a law known as the Fugitive Slave Law of 1850, by which every man in the State of New York was made by law a bloodhound, and could be set and hissed upon a negro, who was simply attempting to obtain his birthright of freedom, just as you would set a dog upon a wolf. That was the Fugitive Slave Law of 1850. Around the neck of every man it put a collar as on a dog, but it had not the decency to put the man's name on the collar. I said in the State of Maine, and several other States, and expect to say it again although I hurt the religious sentiment of the Democratic party, and shocked the piety of that organization by saying it, but I did say then, and now say, that the Fugitive Slave Law in 1850 would have disgraced hell in its palmiest days.

I tell you, my friends, you do not know how easy it is to shock the religious sentiments of the Democratic party; there is a deep and pure vein of piety running through that organization; it has been for years spiritually inclined; there is probably no organization in the world that really will stand by any thing of a spiritual character, at least until it is gone, as that Democratic party will. Everywhere I have been I have crushed their religious hopes. You have no idea how sorry I am that I hurt their feelings so upon the subject of religion. Why, I did not suppose that they cared anything about Christianity, but I have been deceived. I now find that they do, and I have done what no other man in the United States ever did—I have made the Democratic party come to the defence of Christianity. I have made the Democratic party use what time they could spare between drinks in quoting Scripture. But notwithstanding the fact that I have shocked the religious sentiment of that party, I do not want them to defend Christianity any more; they will bring it into universal contempt if they do. Yes, yes, they will make the words honesty and reform a stench in the nostrils of honest men. They made the words of the Constitution stand almost for treason, during the entire war, and every decent word that passes the ignorant, leprous, malignant lips of the Democratic party, becomes dishonored from that day forth.

At the same time, in 1850, when the Fugitive Slave Law was passed, in nearly all of the Western States, there was a law by which the virtues of pity and hospitality became indictable offences. There was a law by which the virtue of charity became a crime, and the man who performed a kindness could be indicted, imprisoned, and fined. It was the law of Illinois—of my own State—that if one gave a drop of cold water, or a crust of bread, to a fugitive from slavery, he could be indicted, fined and imprisoned, under the infamous slave law of 1850, under the infamous black laws of the Western States.

At the time the Republican party was born, (and I have told this many times) if a woman ninety-nine one-hundredths white had escaped from slavery, carrying her child on her bosom, having gone through morass and brush and thorns and thickets, had crossed creeks and rivers, and had finally got within one step of freedom, with the light of the North star shining in her tear-filled eyes—with her child upon her withered breast—it would have been an indictable offence to have given her a drop of water or a crust of bread; not only that, but under the slave law of 1850, it was the duty of every Northern citizen claiming to be a free man, to clutch that woman and hand her back to the dominion of her master and to the Democratic lash. The Democrats are sorry that those laws have been repealed. The Republican party with the mailed hand of war tore from the statute books of the United States, and from the statute books of each State, every one of those infamous, hellish laws, and trampled them beneath her glorious feet.

Such laws are infamous beyond expression; one would suppose they had been passed by a Legislature, the lower house of which were hyenas, the upper house snakes, and the executive a cannibal king. The institution of slavery had polluted, had corrupted the church, not only in the South, but a large proportion of the church in the North; so that ministers stood up in their pulpits here in New York and defended the very infamy that I have mentioned. Not only that, but the Presbyterians, South, in 1863, met in General Synod, and passed two resolutions.

The first resolution read, "Resolved, that slavery is a divine institution" (and as the boy said, "so is hell").

Second, "Resolved, that God raised up the Presbyterian Church, South, to protect and perpetuate that institution."

Well, all I have to say is that, if God did this, he never chose a more infamous instrument to carry out a more diabolical object. What more had slavery done? At that time it had corrupted the very courts, so that in nearly every State in this Union if a Democrat had gone to the hut of a poor negro, and had shot down his wife and children before his very eyes, had strangled the little dimpled babe in the cradle, there was no court before which this negro could come to give testimony. He was not allowed to go before a magistrate and indict the murderer; he was not allowed to go before a grand jury and swear an indictment against the wretch. Justice was not only blind, but deaf; and that was the idea of justice in the South, when the Republican party was born. When the Republican party was born the bay of the bloodhound was the music of the Union; when this party was born the dome of our Capitol at Washington cast its shadow upon slave-pens in which crouched and shuddered women from whose breasts their babes had been torn by wretches who are now crying for honesty and reform. When the Republican party was born, a bloodhound was considered as one of the instrumentalities of republicanism. When the Republican party was born, the church had made the cross of Christ a whipping-post. When the Republican party was born, courts of the United States had not the slightest idea of justice, provided a black man was on the other side. When this party came into existence, if a negro had a plot of ground and planted corn in it, and the rain had fallen upon it, and the dew had lain lovingly upon it, and the arrows of light shot from the exhaustless quiver of the sun, had quickened the blade, and the leaves waved in the perfumed air of June, and it finally ripened into the full ear in the golden air of autumn, the courts of the United States did not know to whom the corn belonged, and if a Democrat had driven the negro off and shucked the corn, and that case had been left to the Supreme Court of many of the States in this Union, they would have read all the authorities, they would have heard all the arguments, they would have heard all the speeches, then pushed their spectacles back on their bald and brainless heads and decided, all things considered, the Democrat was entitled to that corn. We pretended at that time to be a free country; it was a lie. We pretended at that time to do justice in our courts; it was a lie, and above all our pretence and hypocrisy rose the curse of slavery, like Chimborazo above the clouds.

Now, my friends, what is there about this great Republican party? It is the party of intellectual freedom. It is one thing to bind the hands of men; it is one thing to steal the results of physical labor of men, but it is a greater crime to forge fetters for the souls of men. I am a free man; I will do my own thinking or die; I give a mortgage on my soul to nobody; I give a deed of trust on my soul to nobody; no matter whether I think well or I think ill; whatever thought I have shall be my thought, and shall be a free thought, and I am going to give cheerfully, gladly, the same right to thus think to every other human being.

I despise any man who does not own himself. I despise any man who does not possess his own spirit. I would rather die a beggar, covered with rags, with my soul erect, fearless and free, than to live a king in a palace of gold, clothed with the purple of power, with my soul slimy with hypocrisy, crawling in the dust of fear. I will do my own thinking, and when I get it thought, I will say it. These are the splendid things, my friends, about the Republican party; intellectual and physical liberty for all.

Now, my friends, I have told you a little about the Republican party. Now, I will tell you a little more about the Republican party. When that party came into power it elected Abraham Lincoln President of the United States. I live in the State that holds within its tender embrace the sacred ashes of Abraham Lincoln, the best, the purest man that was ever President of the United States. I except none. When he was elected President of the United States, the Democratic party said: "We will not stand it;" the Democratic party South said: "We will not bear it;" and the Democratic party North said: "You ought not to bear it."

James Buchanan was then President. James Buchanan read the Constitution of the United States, or a part of it, and read several platforms made by the Democratic party, and gave it as his deliberate opinion that a State had a right to go out of the Union. He gave it as his deliberate opinion that this was a Confederacy and not a Nation, and when he said that, there was another little, dried up, old bachelor sitting over in the amen corner of the political meeting and he squeaked out: "That is my opinion too," and the name of that man was Samuel J. Tilden.

The Democratic party then and now says that the Union is simply a Confederacy; but I want this country to be a Nation. I want to live in a great and splendid country. A great nation makes a great people. Your surroundings have something to do with it. Great plains, magnificent rivers, great ranges of mountains, a country washed by two oceans—all these things make us great and grand as the continent on which we live. The war commenced, and the moment the war commenced the whole country was divided into two parties. No matter what they had been before, whether Democrats, Freesoilers, Republicans, old Whigs, or Abolitionists—the whole country divided into two parties—the friends and enemies of the country—patriots and traitors, and they so continued until the Rebellion was put down. I cheerfully admit that thousands of Democrats went into the army, and that thousands of Democrats were patriotic men. I cheerfully admit that thousands of them thought more of their country than they did of the Democratic party, and they came with us to fight for the country, and I honor every one of them from the bottom of my heart, and nineteen out of twenty of them have voted the Republican ticket from that day to this. Some of them came back and went to the Democratic party again and are still in that party; I have not a word to say against them, only this: They are swapping off respectability for disgrace. They give to the Democratic party all the respectability it has, and the Democratic party gives to them all the disgrace they have.

Democratic soldier, come out of the Democratic party. There was a man in my State got mad at the railroad and would not ship his hogs on it, so he drove them to Chicago, and it took him so long to get them there that the price had fallen; when he came back, they laughed at him, and said to him, "You didn't make much, did you, driving your hogs to Chicago?" "No," he said, "I didn't make anything except the company of the hogs on the way." Soldier of the Republic, I say, with the Democratic party all you can make is the company of the hogs on the way down. Come out, come out and leave them alone in their putridity—in their rottenness. Leave them alone. Do not try to put a new patch on an old garment. Leave them alone. I tell you the Democratic party must be left alone; it must be left to enjoy the primal curse, "On thy belly shalt thou crawl and dust shalt thou eat all the days of thy life," O Democratic party.

Now, my friends, I need not tell you how we put down the Rebellion. You all know. I need not describe to you the battles you fought. I need not tell you of the men who sacrificed their lives. I need not tell you of the old men who are still waiting for footsteps that never will return. I need not tell you of the women who are waiting for the return of their loved ones. I need not tell you of all these things. You know we put down the Rebellion; we fought until the old flag triumphed over every inch of American soil redeemed from the clutch of treason.

Now, my friends, what was the Democratic party doing when the Republican party was doing these splendid things? When, the Republican party said this was a nation; when the Republican party said we shall be free; when the Republican party said slavery shall be extirpated from American soil; when the Republican party said the negro shall be a citizen, and the citizen shall have the ballot, and the citizen shall have the right to cast that ballot for the government of his choice peaceably—what was the Democratic party doing?

I will tell you a few things that the Democratic party has done within the last sixteen years. In the first place, they were not willing that this country should be saved unless slavery could be saved with it. There never was a Democrat, North or South—and by Democrat I mean the fellows who stuck to the party all during the war, the ones that stuck to the party after it was a disgrace; the ones that stuck to the party from simple, pure cussedness—there never was one who did not think more of the institution of slavery than he did of the Government of the United States; not one that I ever saw or read of. And so they said to us for all those years: "If you can save the Union with slavery, and without any help from us, we are willing you should do it; but we do not propose that this shall be an abolition war." So the Democratic party from the first said, "An effort to preserve this Union is unconstitutional," and they made a breastwork of the Constitution for rebels to get behind and shoot down loyal men, so that the first charge I lay at the feet of the Democratic party, the first charge I make in the indictment, is that they thought more of slavery than of liberty and of this Union, and in my judgment they are in the same condition this moment. The next thing they did was to discourage enlistments in the North. They did all in their power to prevent any man's going into the army to assist in putting down the Rebellion. And that grand reformer and statesman, Samuel J. Tilden, gave it as his opinion that the South could sue, and that every soldier who put his foot on sacred Southern soil would be a trespasser, and could be sued before a Justice of the Peace. The Democratic party met in their conventions in every State North, and denounced the war as an abolition war, and Abraham Lincoln as a tyrant. What more did they do? They went into partnership with the rebels. They said to the rebels just as plainly as though they had spoken it: "Hold on, hold out, hold hard, fight hard, until we get the political possession of the North, and then you can go in peace."

What more? A man by the name of Jacob Thompson—a nice man and a good Democrat, who thinks that of all the men to reform the Government Samuel J. Tilden is the best man—Jacob Thompson had the misfortune to be a very vigorous Democrat, and I will show you what I mean by that. A Democrat during the war who had a musket—you understand, a musket—he was a rebel, and during the war a rebel that did not have a musket was a Democrat. I call Mr. Thompson a vigorous Democrat, because he had a musket. Jacob Thompson was the rebel agent in Canada, and when he went there he took between six and seven hundred thousand dollars for the purpose of co-operating with the Northern Democracy. He got himself acquainted with and in connection with the Democratic party in Ohio, in Indiana, and in Illinois. The vigorous Democrats, the real Democrats, in these States had organized themselves under the heads of "Sons of Liberty," "Knights of the Golden Circle," "Order of the Star," and various other beautiful names, and their object was to release rebel prisoners from Camp Chase, Camp Douglass in Chicago, and from one camp in Indianapolis and another camp at Rock Island. Their object was to raise a fire in the rear, as they called it—in other words, to burn down the homes of Union soldiers while they were in the front fighting for the honor of their country. That was their object, and they put themselves in connection with Jacob Thompson. They were to have an uprising on the 16th of August, 1864. It was thought best to hold a few public meetings for the purpose of arousing the public mind. They held the first meeting in the city of Peoria, where I live. That was August 3rd, 1864. Here they came from every part of the State, and were addressed by the principal Democratic politicians in Illinois.

To that meeting Fernando Wood addressed a letter, in which he said that although absent in body he should be present in spirit. George Pendleton of Ohio, George Pugh of the same State, Seymour of Connecticut, and various other Democratic gentlemen, sent acknowledgments and expressions of regret to this Democratic meeting that met at this time for the purpose of organizing an uprising among the Democratic party. I saw that meeting, and heard some of their speeches. They denounced the war as an abolition nigger war. They denounced Abraham Lincoln as a tyrant. They carried transparencies that said, "Is there money enough in the land to pay this nigger debt? Arouse, brothers, and hurl the tyrant Lincoln from the throne." And the men that promulgated that very thing are running for the most important political offices in the country, on the ground of honesty and reform. And Jacob Thompson says that he furnished the money to pay the expenses of that Democratic meeting. They were all paid by rebel gold, by Jacob Thompson. He has on file the voucher from these Democratic gentlemen in favor of Tilden and Hendricks. The next meetings were held in Springfield, Illinois, and Indianapolis, Indiana, the expenses of which were paid in the same way. They shipped to one town these weapons of our destruction in boxes labeled Sunday school books!

That same rebel agent, Jacob Thompson, hired a Democrat by the name of Churchill to burn the city of Cincinnati, Ohio, and Thompson coolly remarked: "I don't think he has had much luck, as I have only heard of afewfires."

In Indianapolis a man named Dodds was arrested—a sound Democrat—so sound that the Government had to take him by the nape of the neck and put him in Fort Lafayette. The convention of Democrats then met in the city of Chicago, and declared the war a failure. There never was a more infamous lie on this earth than when the Democratic convention declared in 1864 that the war was a failure. It was but a few days afterward that the roar of Grants cannon announced that a lie. Rise from your graves, Union soldiers, one and all, that fell in support of your country—rise from your graves, and lift your skeleton hands on high, and swear that when the Democratic party resolved that the war for the preservation of your country was a failure, that the Democratic party was a vast aggregated liar. Well, we grew magnanimous, and let Dodds out of Fort Lafayette; and where do you suppose Dodds is now? He is in Wisconsin. What do you suppose Dodds is doing? Making speeches. Whom for? Tilden and Hendricks—"Honesty and reform!" This same Jacob Thompson, Democrat, hired men to burn New York, and they did set fire in some twenty places, and they used Greek fire, as he said in his letter, and ingenuously adds: "I shall never hereafter advise the use of Greek fire." They knew that in the smoke and ruins would be found the charred remains of mothers and children, and that the flames leaping like serpents would take the child from the mothers arms, and they were ready to do it to preserve the infamous institution of slavery; and the Democratic party has never objected to it from that day to this. They burned steamboats, and many men with them, and the hounds that did it are skulking in the woods of Missouri. While these things were going on, Democrats in the highest positions said: "Not one cent to prosecute the war."

The next question we have to consider is about paying the debt. This is the first question. The second question is the protection of the citizen, whether he is white or black. We owe a large debt. Two-thirds of that debt was incurred in consequence of the action and the meanness of the Democrats. There are some people who think that you can defer the payment of a promise so long that the postponement of the debt will serve in lieu of its liquidation—that you pay your debts by putting off your creditors.

The people have to support the Government; the Government cannot support the people. The Government has no money but what it received from the people. It had therefore to borrow money to carry on the war. Every greenback that it issued was a forced loan. My notes are not a legal tender, though if I had the power I might possibly make them so. We borrowed money and we have to pay the debt. That debt represents the expenses of war. The horses and the gunpowder and the rifles and the artillery are represented in that debt—it represents all the munitions of war. Until we pay that debt we can never be a solvent nation. Until our net profits amount to as much as we lost during the war we can never be a solvent people. If a man cannot understand that, there is no use in talking to him on the subject. The alchemists in olden times who fancied that they could make gold out of nothing were not more absurd than the American advocates of soft money. They resemble the early explorers of our continent who lost years in searching for the fountain of eternal youth, but the ear of age never caught the gurgle of that spring. We all have heard of men who spent years of labor in endeavoring to produce perpetual motion. They produced machines of the most ingenious character with cogs and wheels, and pulleys without number, but these ingenious machines had one fault, they would not go. You will never find a way to make money out of nothing. It is as great nonsense as the fountain of perpetual youth. You cannot do it.

Gold is the best material which labor has yet found as a measure of value. That measure of value must be as valuable as the object it measures.

The value of gold arises from the amount of labor expended in producing it. A gold dollar will buy as much labor as produced that dollar.


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