r the
hosts of Rebellion.
He declared (June 2, 1864) that "The People are the victims of the
joint-robbery of a system of bounties under the guise of duties, and of
an inconvertible and depreciated paper currency under the guise of
money," and added: "No man is now so wise and gifted that he can save
this Nation from bankruptcy. * * * No borrowing system can save us.
The scheme of making greenbacks a legal tender, which enabled the debtor
to cheat his creditor, thereby playing the old game of kingcraft, to
debase the currency in order to aid the designs of despotism, may float
us for a while amidst the fluctuations and bubbles of the day; but as no
one possesses the power to repeal the Law of the Almighty, which decrees
(and as our Constitution has established) that gold and silver shall be
the standard of value in the World, so they will ever thus remain,
notwithstanding the legislation of Congress."
Not satisfied with this sort of "fire in the rear," it was attempted by
means of Democratic Free-Trade and antipaper-currency sophistries, to
arouse jealousies, heart-burnings and resentful feelings in the breasts
of those living in different parts of the Union--to implant bitter
Sectional antagonisms and implacable resentments between the Eastern
States, on the one hand, and the Western States, on the other--and thus,
by dividing, to weaken the Loyal Union States.
That this was the cold-blooded purpose of all who pursued this course,
would no doubt be warmly denied by some of them; but the fact remains no
less clear, that the effect of that course, whether so intended or not,
was to give aid and comfort to the Enemy at that critical time when the
Nation most needed all the men, money, and moral as well as material
support, it was possible to get, to put an end to the bloody Rebellion,
now--under the continuous poundings of Grant's Army upon that of Lee in
Virginia, and the advance of Sherman's Army upon that of Johnston in
Georgia--tottering to its overthrow. Thus this same speaker (S. S. Cox),
in his untimely speech, undertook to divide the Union-loving States
"into two great classes: the Protected States and the Unprotected
States;" and--having declared that "The Manufacturing States, mainly the
New England States and Pennsylvania, are the Protected States," and "The
Agricultural States," mainly the eleven Western States, which he named,
"are the Unprotected States"--proceeded to intemperately and violently
arra
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