Chapter IV: Conclusion (1)

MR. PRESIDENT, in concluding these remarks, I desire to say that I am no volunteer. For several years I have carefully avoided saying anything on this most irritating question, being anxious that negotiations should be left undisturbed to secure a settlement which could be accepted by a deeply injured nation. The submission of the pending treaty to the judgment of the Senate left me no alternative. It became my duty to consider it carefully in committee, and to review the whole subject. If I failed to find what we had a right to expect, and if the just claims of our country assumed unexpected proportions, it was not because I would bear hard on England, but because I wish most sincerely to remove all possibility of strife between our two countries; and it is evident that this can be done only by first ascertaining the nature and extent of difference. In this spirit I have spoken to-day. If the case against England is strong, and if our claims are unprecedented in magnitude, it is only because the conduct of this power at a trying period was most unfriendly, and the injurious consequences of this conduct were on a scale corresponding to the theatre of action. Life and property were both swallowed up, leaving behind a deep-seated sense of enormous wrong, as yet unatoned and even unacknowledged, which is one of the chief factors in the problem now presented to the statesmen of both countries. The attempt to close this great international debate without a complete settlement is little short of puerile.

With the lapse of time and with minuter consideration the case against England becomes more grave, not only from the questions of international responsibility which it involves, but from better comprehension of the damages, which are seen now in their true proportions. During the war, and for some time thereafter, it was impossible to state them. The mass of a mountain cannot be measured at its base; the observer must occupy a certain distance; and this rule of perspective is justly applicable to damages which are vast beyond precedent.

A few dates will show the progress of the controversy, and how the case enlarged. Going as far back as 20th November, 1862, we find our Minister in London, Mr. Adams, calling for redress from the British Government on account of the Alabama.[92] This was the mild beginning. On the 23d October, 1863, in another communication, the same Minister suggested to the British Government any “fair and equitable form of conventional arbitrament or reference.”[93] This proposition slumbered in the British Foreign Office for nearly two years, during which the Alabama was pursuing her piratical career, when, on the 30th August, 1865, it was awakened by Lord Russell only to be knocked down in these words:--

“In your letter of the 23d of October, 1863, you were pleased
to say that the Government of the United States is ready to
agree to any form of arbitration.… Her Majesty’s Government
must, therefore, decline either to make reparation and
compensation for the captures made by the Alabama, or to refer
the question to any foreign state.”[94]

Such was our repulse from England, having at least the merit of frankness, if nothing else. On the 17th October, 1865, our Minister informed Lord Russell that the United States had finally resolved to make no effort for arbitration.[95] Again the whole question slumbered until 27th August, 1866, when Mr. Seward presented a list of individual claims on account of the pirate Alabama and other Rebel cruisers.[96] From that time negotiation has continued, with ups and downs, until at last the pending treaty was signed. Had the early overtures of our Government been promptly accepted, or had there been at any time a just recognition of the wrong done, I doubt not that this great question would have been settled; but the rejection of our very moderate propositions, and the protracted delay, which afforded an opportunity to review the case in its different bearings, have awakened the people to the magnitude of the interests involved. If our demands are larger now than at our first call, it is not the only time in history when such a rise has occurred. The story of the Sibyl is repeated, and England is the Roman king.

Shall these claims be liquidated and cancelled promptly, or allowed to slumber until called into activity by some future exigency? There are many among us, who, taking counsel of a sense of national wrong, would leave them to rest without settlement, so as to furnish a precedent for retaliation in kind, should England find herself at war. There are many in England, who, taking counsel of a perverse political bigotry, have spurned them absolutely; and there are others, who, invoking the point of honor, assert that England cannot entertain them without compromising her honor. Thus there is peril from both sides. It is not difficult to imagine one of our countrymen saying, with Shakespeare’s Jew, “The villany you teach me I will execute, and it shall go hard but I will better the instruction”; nor is it difficult to imagine an Englishman firm in his conceit that no apology can be made and nothing paid. I cannot sympathize with either side. Be the claims more or less, they are honestly presented, with the conviction that they are just; and they should be considered candidly, so that they shall no longer lower, like a cloud ready to burst, upon two nations, which, according to their inclinations, can do each other such infinite injury or such infinite good. I know it is sometimes said that war between us must come sooner or later. I do not believe it. But if it must come, let it be later, and then I am sure it will never come. Meanwhile good men must unite to make it impossible.

Again I say, this debate is not of my seeking. It is not tempting; for it compels criticism of a foreign power with which I would have more than peace, more even than concord. But it cannot be avoided. The truth must be told,--not in anger, but in sadness. England has done to the United States an injury most difficult to measure. Considering when it was done and in what complicity, it is truly unaccountable. At a great epoch of history, not less momentous than that of the French Revolution or that of the Reformation, when Civilization was fighting a last battle with Slavery, England gave her name, her influence, her material resources to the wicked cause, and flung a sword into the scale with Slavery. Here was a portentous mistake. Strange that the land of Wilberforce, after spending millions for Emancipation, after proclaiming everywhere the truths of Liberty, and ascending to glorious primacy in the sublime movement for the Universal Abolition of Slavery, could do this thing! Like every departure from the rule of justice and good neighborhood, her conduct was pernicious in proportion to the scale of operations, affecting individuals, corporations, communities, and the nation itself. And yet down to this day there is no acknowledgment of this wrong,--not a single word. Such a generous expression would be the beginning of a just settlement, and the best assurance of that harmony between two great and kindred nations which all must desire.

LOCALITY IN APPOINTMENT TO OFFICE.

REMARKS IN THE SENATE, APRIL 21, 1869.

The Senate having under consideration a resolution requesting
from the heads of Departments “information of the names, age,
and compensation of all inferior officers, clerks, and employés
in their respective Departments at Washington, showing from
what States they were respectively appointed,” &c., Mr. Abbott,
of North Carolina, moved the following addition:--

“_Resolved further_, That in the opinion of the Senate the
distribution of the official patronage of the Government
not embraced in local offices in the States should be made
as nearly equal among all the States, according to their
representation and population, as may be practicable; and
that to confine such patronage to particular States or
sections, either wholly or partially, is both unjust and
injudicious.”

On the latter resolution Mr. Sumner spoke as follows:--

MR. PRESIDENT,--If I have rightly read the history of my country, there was before Vicksburg an army commanded by three generals from Ohio,--General Grant, General Sherman, and General McPherson. Now, if I rightly understand the proposition of the Senator from North Carolina, he would require that the generals in command of our Army should be taken geographically,--not according to their merits, not according to their capacity to defend this Republic and to maintain with honor its flag, but simply according to the place of their residence,--and no three generals should be in command from one State. Do I understand the Senator aright?

MR. ABBOTT. My amendment reads, “as far as practicable.”

MR. SUMNER. Very well,--“as far as practicable.” I would inquire of my friend whether fitness for office or service in other departments of the Government does not depend upon capacity, talent, preparation, as much as in the Army? I ask the Senator if it is not so?

MR. ABBOTT. The purpose of this amendment was not to override
all such considerations; it was to give an expression of the
sense of the Senate that States should not be ignored in the
distribution of this sort of patronage. Nothing in it prevents
three generals from Ohio being in the command of one army, or
the appointment of three Cabinet officers from Ohio; but it is
simply to express the sense of the Senate that these things
ought to be done with something like fairness and justice, as
between the different States.

MR. SUMNER. I take it there is no Senator who does not accept the general idea of the Senator from North Carolina, that all things should be done in fairness, and that all parts of the country, every portion of this great Republic, should be treated with equal respect and honor. That is clear. But first and foremost above all is the public service: that must be maintained; it must not be sacrificed; and how can it be maintained, unless you advance to prominent posts in this service those who are the most meritorious, and who can best discharge the duties of the post?

I merely throw out this remark, and call attention to this point, that Senators may see to what this proposition tends. If it were fully carried out, it would reduce the public service of this country to one dead level. Men would go into it merely because they lived in certain places, not because they had a fitness for the posts to which they were advanced. Perhaps I am mistaken, but I see no reason why there should be three Ohio generals in command before Vicksburg, and not three Ohio citizens in eminent civil service. To my mind the attainments and the talents required in civil service are as well worthy to be recognized as those that are required in military service, and I see no reason for a rule that shall allow talent to be taken without any reference to geographical limit in the military service which is not equally applicable to the civil service.

Now, as to our friends who have recently come into this Chamber, I beg them to understand, that, so far as I am concerned, there is no disposition to deny or to begrudge them anything to which, according to geographical proportions, they may be entitled; but I beg them to consider that time is an essential element of this transition through which we are passing.

MR. FESSENDEN. Will my friend allow me to make a suggestion to
him?

MR. SUMNER. Certainly.

MR. FESSENDEN. I merely wish to allude to the notorious fact
that for half a century before the Rebellion the proportion of
persons in civil office in the Departments in Washington from
the Southern States was very nearly, if not quite, two to one
to those from all the other States. They had the control, and
had pretty much all the offices, for years and years.

MR. SUMNER. We are now in a process of transition, and I was observing that time is an essential element in that process. What the Senator from North Carolina aims at cannot be accomplished at once. The change cannot be made instantly. The men are not presented from the States lately in rebellion in sufficient numbers, in sufficient proportion, with competency for these posts. I know that there are gentlemen there fit to grace many of these posts, but I know also that there is not relatively the same proportion of persons fit for the civil service as there is in the other parts of the country; and our friends from the South, it seems to me, must take this into consideration kindly, and wait yet a little longer.

NATIONAL AFFAIRS AT HOME AND ABROAD.

SPEECH AT THE REPUBLICAN STATE CONVENTION IN WORCESTER, MASSACHUSETTS, SEPTEMBER 22, 1869.

Mr. Sumner was selected as President of the Convention. On
taking the chair he spoke as follows:--

FELLOW-CITIZENS OF MASSACHUSETTS:--

While thanking you for the honor conferred upon me, I make haste to say that in my judgment Massachusetts has one duty, at the coming election, to which all local interests and local questions must be postponed, as on its just performance all else depends; and this commanding duty is, to keep the Commonwealth, now as aforetime, an example to our country and a bulwark of Human Rights. Such was Massachusetts in those earlier days, when, on the continent of Europe, the name of “Bostonians” was given to our countrymen in arms against the mother country,[97] making this designation embrace all,--and when, in the British Parliament, the great orator, Edmund Burke, exclaimed, “The cause of Boston is become the cause of all America; every part of America is united in support of Boston; … you have made Boston the Lord Mayor of America.”[98] I quote these words from the Parliamentary Debates. But Boston was at that time Massachusetts, and it was her stand for Liberty that made her name the synonym for all. And permit me to add, that, in choosing a presiding officer entirely removed from local issues, I find assurance of your readiness to unite with me in that _National Cause_ which concerns not Massachusetts only, but every part of America, and concerns also our place and name as a nation.

The enemy here in Massachusetts would be glad to divert attention from the unassailable principles of the Republican Party; they would be glad to make you forget that support we owe to a Republican Administration,--also that support we owe to the measures of Reconstruction, and our constant abiding persistence for all essential safeguards not yet completely established. These they would hand over to oblivion, hoping on some local appeal to disorganize our forces, or, perhaps, obtain power to be wielded against the National Cause. Massachusetts cannot afford to occupy an uncertain position. Therefore I begin by asking you to think of our country, our whole country,--in other words, of _National Affairs at Home and Abroad_.

* * * * *

It is now four years since I had the honor of presiding at our annual Convention, and I do not forget how at that time I endeavored to remind you of this same National Cause, then in fearful peril.[99] The war of armies was ended; no longer was fellow-citizen arrayed against fellow-citizen; on each side the trumpet was hushed, the banner furled. But the defection of Andrew Johnson had then begun, and out of that defection the Rebellion assumed new life, with new purposes and new hopes. If it did not spring forth once more fully armed, it did spring forth filled with hate and diabolism towards all who loved the Union, whether white or black. There were exceptions, I know; but they were not enough to change the rule. And straightway the new apparition, acting in conjunction with the Northern Democracy, aboriginal allies of the Rebellion, planned the capture of the National Government. Its representatives came up to Washington. Then was the time for a few decisive words in the name of the Republic, on which for four years they had waged bloody war. The great dramatist, who has words for every occasion, anticipated this, when he said,--

“Return thee, therefore, with a flood of tears,
And wash away thy country’s stained spots.”

Such a mood would have been the beginning of peace. How easy to see that these men should have been admonished frankly and kindly to return home, there to plant, plough, sow, reap, buy, sell, and be prosperous, but not to expect any place in the copartnership of government until there was completest security for all! Instead of this, they were sent back plotting how to obtain ascendency at home as the stepping-stone to ascendency in the nation. Such was the condition of things in the autumn of 1865, when, sounding the alarm from this very platform, I insisted upon irreversible guaranties against the Rebellion, and especially on security to the national freedman and the national creditor. It was upon security that I then insisted,--believing, that, though the war of armies was ended, this was a just object of national care, all contained in the famous time-honored postulate of war, _Security for the Future_, without which peace is no better than armistice.

To that security one thing is needed,--simply this: All men must be safe in their rights, so that affairs, whether of government or business, shall have a free and natural course. But there are two special classes still in jeopardy, as in the autumn of 1865,--the National Freedman and the National Creditor,--each a creditor of the nation and entitled to protection, each under the guardianship of the public faith; and behind these are faithful Unionists, now suffering terribly from the growing reaction.

* * * * *

For the protection of the national freedman a Constitutional Amendment is presented for ratification, placing his right to vote under the perpetual safeguard of the nation; but I am obliged to remind you that this Amendment has not yet obtained the requisite number of States, nor can I say surely when it will. The Democratic Party is arrayed against it, and the Rebel interest unites with the Democracy. Naturally they go together. They are old cronies. Here let me say frankly that I have never ceased to regret,--I do now most profoundly regret,--that Congress, in its plenary powers under the Constitution, especially in its great unquestionable power to guaranty a republican government in the States, did not summarily settle this whole question, so that it should no longer disturb the country. It was for Congress to fix the definition of a republican government; nor need it go further than our own Declaration of Independence, where is a definition from which there is no appeal. There it is, as it came from our fathers, in lofty, self-evident truth; and Congress should have applied it. Or it might have gone to the speech of Abraham Lincoln at Gettysburg, where again is the same great definition. There was also a decisive precedent. As Congress made a Civil Rights Law, so should it have made a Political Rights Law. In each case the power is identical. If it can be done in the one, it can be done in the other. To my mind nothing is clearer. Thus far Congress has thought otherwise. There remains, then, the slow process of Constitutional Amendment, to which the country must be rallied.

* * * * *

But this is not enough. No mere text of Constitution or Law is sufficient. Behind these must be a prevailing Public Opinion and a sympathetic Administration. Both are needed. The Administration must reinforce Public Opinion, and Public Opinion must reinforce the Administration. Such is all experience. Without these the strongest text and most cunning in its requirements is only a phantom, it may be of terror, as was the case with the Fugitive Slave Bill,--but not a living letter. It is not practically obeyed; sometimes it is evaded, sometimes openly set at nought. And now it is my duty to warn you that the national freedman still needs your care. His ancient master is already in the field conspiring against him. That traditional experience, that infinite audacity, that insensibility to Human Rights, which so long upheld Slavery, are aroused anew. No longer able to hold him as slave, the ancient master means to hold him as dependant, and to keep him in his service, personal and political,--thus substituting a new bondage for the old. Unhappily, he finds at the North a political party which the Rebellion has not weaned from that unnatural Southern breast whence it drew its primitive nutriment; and this political party now fraternizes in the dismal work by which peace is postponed: for until the national freedman is safe in Equal Rights there can be no peace. You may call it peace, but I tell you it is not peace. It is peace only in name. Who does not feel that he treads still on smothered fires? Who does not feel his feet burn as he moves over the treacherous ashes? If I wished any new motive for opposition to the Democracy, I should find it in this hostile alliance. Because I am for peace so that this whole people may be at work, because I desire tranquillity so that all may be happy, because I seek reconciliation so that there shall be completest harmony, therefore I oppose the Democracy and now denounce it as Disturber of the National Peace.

The information from the South is most painful. Old Rebels are crawling from hiding-places to resume their former rule; and what a rule! Such as might be expected from the representatives of Slavery. It is the rule of misrule, where the “Ku-Klux-Klan” takes the place of missionary and schoolmaster. Murder is unloosed. The national freedman is the victim; and so is the Unionist. Not one of these States where intimidation, with death in its train, does not play its part. Take that whole Southern tier from Georgia to Texas, and add to it Tennessee, and, I fear, North Carolina and Virginia also,--for the crime is contagious,--and there is small justice for those to whom you owe so much. That these things should occur under Andrew Johnson was natural; that Reconstruction should encounter difficulties after his defection was natural. Andrew Johnson is now out of the way, and in his place a patriot President. Public Opinion must come to his support in this necessary work. There is but one thing these disturbers feel; it is power; and this they must be made to feel: I mean the power of an awakened people, directed by a Republican Administration, vigorously, constantly, surely, so that there shall be no rest for the wicked.

* * * * *

If I could forget the course of the Democracy on these things,--as I cannot,--there is still another chapter for exposure; and the more it is seen, the worse it appears. It is that standing menace of Repudiation, by which the national credit at home and abroad suffers so much, and our taxes are so largely increased. It will not do to say that no National Convention has yet announced this dishonesty. I charge it upon the Party. A party which repudiates the fundamental principles of the Declaration of Independence, which repudiates Equality before the Law, which repudiates the self-evident truth that government is founded only on the consent of the governed, which repudiates what is most precious and good in our recent history, and whose chiefs are now engaged in cunning assault upon the national creditor, is a party of Repudiation. This is its just designation. A Democrat is a Repudiator. What is Slavery itself but an enormous wholesale repudiation of all rights, all truths, and all decencies? How easy for a party accepting this degradation to repudiate pecuniary obligations! These are small, compared with the other. Naturally the Democracy is once more in conjunction with the old Slave-Masters. The Repudiation Gospel according to Mr. Pendleton is now preaching in Ohio; and nothing is more certain than that the triumph of the Democracy would be a fatal blow not only at the national freedman, but also at the national creditor. There would be repudiation for each.

The word “Repudiation,” in its present sense, is not old. It first appeared in Mississippi, a Democratic State intensely devoted to Slavery. If the thing were known before, never before did it assume the same hardihood of name. It was in 1841 that a Mississippi Governor, in a Message to the Legislature, used this word with regard to certain State bonds, and thus began that policy by which Mississippi was first dishonored and then kept poor: for capital was naturally shy of such a State. Constantly, from that time, Mississippi had this “bad eminence”; nor is the State more known as the home of Jefferson Davis than as the home of Repudiation. Unhappily, the nation suffered also; and even now, as I understand, it is argued in Europe, to our discredit, that, because Mississippi repudiated, the nation may repudiate also. If I refer to this example, it is because I would illustrate the mischief of the Democratic policy and summon Mississippi to tardy justice. A regenerated State cannot afford to bear the burden of Repudiation; nor can the nation and the sisterhood of States forget misconduct so injurious to all.

I have pleasure, at this point, in reference to an early effort in the “North American Review,” by an able lawyer, for a time an ornament of the Supreme Court of the United States, Hon. B. R. Curtis, who, after reviewing the misconduct of Mississippi, argues most persuasively, that, where a State repudiates its obligations, to the detriment of foreigners, there is a remedy through the National Government. This suggestion is important for Mississippi now. But the article contains another warning, applicable to the nation at the present hour, which I quote:--

“The conduct of a few States has not only destroyed their own
credit and left their sister States very little to boast of,
but has so materially affected the credit of the whole Union
that it was found impossible to negotiate in Europe any part
of the loan authorized by Congress in 1842. It was offered
on terms most advantageous to the creditor, terms which in
former times would have been eagerly accepted; and after going
a-begging through all the exchanges of Europe, the agent gave
up the attempt to obtain the money, in despair.”[100]

As the fallen drunkard illustrates the evils of intemperance, so does Mississippi illustrate the evils of Repudiation. Look at her! But there are men who would degrade our Republic to this wretched condition. Forgetting what is due to our good name as a nation at home and abroad,--forgetting that the public interests are bound up with the Public Faith, involving all economies, national and individual,--forgetting that our transcendent position has corresponding obligations, and that, as Nobility once obliged to great duty, (“_Noblesse oblige_,”) so does Republicanism now,--there are men who, forgetting all these things, would carry our Republic into this terrible gulf, so full of shame and sacrifice. They begin by subtle devices; but already the mutterings of open Repudiation are heard. I denounce them all, whether device or muttering; and I denounce that political party which lends itself to the outrage.

* * * * *

Repudiation means Confiscation, and in the present case confiscation of the property of loyal citizens. With unparalleled generosity the nation has refused to confiscate Rebel property; and now it is proposed to confiscate Loyal property. When I expose Repudiation as Confiscation, I mean to be precise. Between two enactments, one requiring the surrender of property without compensation, and the other declaring that the nation shall not and will not pay an equal amount according to solemn promise, there can be no just distinction. The two are alike. The former might alarm a greater number, because on its face more demonstrative. But analyze the two, and you will see that in each private property is taken by the nation without compensation, and appropriated to its own use. Therefore do I say, Repudiation is Confiscation.

* * * * *

A favorite device of Repudiation is to pay the national debt in “greenbacks,”--in other words, to pay bonds bearing interest with mere promises not bearing interest,--violating, in the first place, a rule of honesty, which forbids such a trick, and, in the second place, a rule of law, which refuses to recognize an inferior obligation as payment of a superior. Here, in plain terms, is repudiation of the interest and indefinite postponement of the principal. This position, when first broached, contemplated nothing less than an infinite issue of greenbacks, flooding the country, as France was flooded by _assignats_, and utterly destroying values of all kinds. Although, in its present more moderate form, it is limited to payment by existing greenbacks, yet it has the same radical injustice. Interest-bearing bonds are to be paid with non-interest-bearing bits of paper. The statement of the case is enough. Its proposer would never do this thing in his own affairs; but how can he ask his country to do what honesty forbids in private life?

Another device is to tax the bonds, when the money was lent on the positive condition that the bonds should not be taxed. This, of course, is to break the contract in another way. It is Repudiation in another form.

* * * * *

To argue these questions is happily unnecessary, and I allude to them only because I wish to exhibit the loss to the country from such attempts. This can be made plain as a church-door.

The total debt of our country on the 1st September, aside from the sixty millions of bonds issued to the Pacific Railway, was $2,475,962,501; and here I mention, with great satisfaction, that since the 1st March last the debt has been reduced $49,500,758. The surplus revenue now accruing is not less than $100,000,000 a year, and will be, probably, not less than $125,000,000 a year, of which large sum not less than $75,000,000 must be attributed to the better enforcement of the laws and the economy now prevailing under a Republican Administration. And here comes the practical point. Large as is our surplus revenue, it should have been more, and would have been more but for the Repudiation menaced by the Democracy.

If we look at our bonded debt, we find it is now $2,107,936,300, upon which we pay not less than $124,000,000 in annual interest, the larger part at six per cent., the smaller at five per cent., gold. The difference between this interest and that paid by other powers is the measure of our annual loss. English three per cents. and French fours are firm in the market; but England and France have not the same immeasurable resources that are ours, nor is either so secure in its government. It is easy to see that our debt could have been funded without paying more than four per cent., but for the doubt cast upon our credit by the dishonest schemes of Repudiation. “Payment in Greenbacks” and “Taxation of Bonds” are costly cries. Without these there would have been $40,000,000 annually to swell our surplus revenue. But this sum, if invested in a sinking fund at four per cent. interest, would pay the whole bonded debt in less than thirty years. Such is our annual loss.

The sum-total of this loss directly chargeable upon the Repudiators is more than one hundred millions, already paid in taxes; and much I fear, fellow-citizens, that, before the nation can recover from the discredit inflicted upon it, another hundred millions will be paid in the same way. It is hard to see this immense treasure wrung by taxation from the toil of the people to pay these devices of a dishonest Democracy. Do not forget that the cost of this experiment is confined to no particular class. Wherever the tax-gatherer goes, there it is paid. Every workman pays it in his food and clothing; every mechanic and artisan, in his tools; every housewife, in her cooking-stove and flat-iron; every merchant, in the stamp upon his note; every man of salary, in the income tax; ay, every laborer, in his wood, his coal, his potatoes, and his salt. Many of these taxes, imposed under duress of war, will be removed soon, I trust; but still the enormous sum of forty millions annually must be contributed by the labor of the country, until the world is convinced, that, in spite of Democratic menace, the Republic will maintain its plighted faith to the end.

People wish to reduce taxation. I tell you how. Let no doubt rest upon the Public Faith. Then will the present burdensome taxation grow “fine by degrees and beautifully less.” _It is the doubt which costs._ It is with our country, as with an individual,--the doubt obliges the payment of _extra interest_. To stop that extra interest we must keep faith.

* * * * *

As we look at the origin of the greenback, we shall find a new motive for fidelity. I do not speak of that patriotic character which commends the national debt, but of the financial principle on which the greenback was first issued. It came from the overruling exigencies of self-defence. The national existence depended upon money, which could be had only through a forced loan. The greenback was the agency by which it was collected. The disloyal party resisted the passage of the original Act, prophesying danger and difficulty; but the safety of the nation required the risk, and the Republican Party assumed it. And now this same disloyal party, once against the greenback, insist upon continuing in peace what was justified only in war,--insist upon a forced loan, when the overruling exigencies of self-defence have ceased, and the nation is saved. To such absurdity is this party now driven.

The case is aggravated, when we consider the boundless resources of the country, through which in a short time even this great debt will be lightened, if the praters of Repudiation are silenced. Peace, financially as well as politically, is needed. Let us have peace. Nowhere will it be felt more than at the South, which is awakening to a consciousness of resources unknown while Slavery ruled. With these considerable additions to the national capital, five years cannot pass without a sensible diminution of our burdens. A rate of taxation, _per capita_, equal to only one half that of 1866, will pay even our present interest, all present expenses, and the entire principal, in less than twenty years. But to this end we must keep faith.

* * * * *

The attempt is aggravated still further, when it is considered that Repudiation is impossible. Try as you may, you cannot succeed. You may cause incalculable distress, and postpone the great day of peace, but you cannot do this thing. The national debt never can be repudiated. It will be paid, dollar for dollar, in coin, with interest to the end.

How little do these Repudiators know the mighty resisting power which they encounter! how little, the mighty crash which they invite! As well undertake to move Mount Washington from its everlasting base, or to shut out the ever-present ocean from our coasts. It is needless to say that the crash would be in proportion to the mass affected, being nothing less than the whole business of the country. Now it appears from investigations making at this moment by Commissioner Wells, whose labors shed such light on financial questions, that _our annual product reaches the sum of seven thousand millions of dollars_.[101] But this prodigious amount depends for its value upon exchange, which in turn depends upon credit. Destroy exchange, and even these untold resources would be an infinite chaos, without form and void. Employment would cease, capital would waste, mills would stop, the rich would become poor,--the poor, I fear, would starve. Savings banks, trust companies, insurance companies would disappear. Such would be the mighty crash; but here you see also the mighty resisting power. Therefore, again do I say, Repudiation is impossible.

Mr. Boutwell is criticized by the Democracy because he buys up bonds, paying the current market rates, when he should pay the face in greenbacks. I refer to this Democratic criticism because I would show how little its authors look to consequences while forgetting the requirements of Public Faith. Suppose the Secretary, yielding to these wise suggestions, should announce his purpose to take up the first ten millions of five-twenties, paying the face in greenbacks. What then? “After us the deluge,” said the French king; and so, after such notice from our Secretary, would our deluge begin. At once the entire bonded debt would be reduced to greenbacks. The greenback would not be raised; the bond would be drawn down. All this at once,--and in plain violation of the solemn declaration of both Houses of Congress pledging payment in coin. But who can measure the consequences? Bonds would be thrown upon the market. From all points of the compass, at home and abroad, they would come. Business would be disorganized. Prices would be changed. Labor would be crushed. The fountains of the great deep would be broken up, and the deluge would be upon us.

* * * * *

Among the practical agencies to which the country owes much already are the National Banks. Whatever may be the differences of opinion with regard to them, they cannot fail to be taken into account in all financial discussions. As they have done good where they are now established, I would gladly see them extended, especially at the South and West, where they are much needed, and where abundant crops already supply the capital. It is doubtful if this can be brought about without removing the currency limitation in the existing Bank Act.[102] In this event I should like the condition that for every new bank-note issued a greenback should be cancelled, thus substituting the bank-note for the greenback. In this way greenbacks would be reduced in volume, while currency is supplied by the banks. Such diminution of the national paper would be an important stage toward specie payments, while the national banks in the South and West, founded on the bonds of the United States, would be a new security for the national credit.

In making this suggestion, I would not forget the necessity of specie payments at the earliest possible moment; nor can I forbear to declare my unalterable conviction that by proper exertion this supreme object may be accomplished promptly,--always provided the national credit is kept above suspicion, or, like the good knight, “without fear and without reproach.”

* * * * *

Thus, fellow-citizens, at every turn are we brought back to one single point, the Public Faith, which cannot be dishonored without infinite calamity. The child is told not to tell a lie; but this injunction is the same for the full-grown man, and for the nation also. We cannot tell a lie to the national freedman or the national creditor; we cannot tell a lie to anybody. That word of shame cannot be ours. But falsehood to the national freedman and the national creditor is a national lie. Breaking promise with either, you are dishonored, and _Liar_ must be stamped upon the forehead of the nation. Beyond the ignominy, which all of us must bear, will be the influence of such a transgression in discrediting Republican Government and the very idea of a Republic. For weal or woe, we are an example. Mankind is now looking to us, and just in proportion to the eminence we have reached is the eminence of our example. Already we have shown how a Republic can conquer in arms, offering millions of citizens and untold treasure at call. It remains for us to show how a Republic can conquer in a field more glorious than battle, where all these millions of citizens and all this untold treasure uphold the Public Faith. Such an example will elevate Republican Government, and make the idea of a Republic more than ever great and splendid. Helping here, you help not only your own country, but help Humanity also,--help liberal institutions in all lands,--help the down-trodden everywhere, and all who struggle against the wrong and tyranny of earth.

The brilliant Frenchman, Montesquieu, in that remarkable work which occupied so much attention during the last century, “The Spirit of Laws,” pronounces _Honor_ the animating sentiment of Monarchy, but _Virtue_ the animating sentiment of a Republic.[103] It is for us to show that he was right; nor can we depart from this rule of Virtue without disturbing the order of the universe. Faith is nothing less than a part of that sublime harmony by which the planets wheel surely in their appointed orbits, and nations are summoned to justice. Nothing too lofty for its power, nothing too lowly for its protection. It is an essential principle in the divine Cosmos, without which confusion reigns supreme. All depends upon Faith. Why do you build? Because you have faith in those laws by which you are secured in person and property. Why do you plant? why do you sow? Because you have faith in the returning seasons, faith in the generous skies, faith in the sun. But faith in this Republic must be fixed as the sun, which illumines all. I cannot be content with less. Full well I see that every departure from this great law is only to our ruin, and from the height we have reached the tumble will be like that of the Grecian god from the battlements of Heaven:--

“From morn
To noon he fell, from noon to dewy eve,
A summer’s day, and with the setting sun
Dropped from the zenith like a falling star.”[104]

It only remains, come what may, that we should at all hazards preserve this Public Faith,--never forgetting that honesty is not only the best policy, but the Golden Rule. For myself, I see nothing more practical, at this moment, than, first, at all points to oppose the Democracy, and, secondly, to insist that yet awhile longer ex-Rebels shall be excused from copartnership in government. Do not think me harsh; do not think me austere. I am not. I will not be outdone by anybody in clemency; nor at the proper time will I be behind any one in opening all doors of office and trust. But the proper time has not yet come. There must be security for the future, unquestionable and ample, before I am ready; and this I would require not only for the sake of the national freedman and the national creditor, but for the sake of the country containing the interests of all, and also of the ex-Rebel himself, whose truest welfare is in that peace where all controversy shall be extinguished forever. In this there is nothing but equity and prudence according to received precedents. The ancient historian declares that the ancestors of Rome, the most religious of men, took nothing from the vanquished but the license to do wrong: “_Nostri majores, religiosissimi mortales, … neque victis quicquam præter injuriæ licentiam eripiebant_.”[105] These are the words of Sallust. I know no better example for our present guidance. Who can object, if men recently arrayed against their country are told to stand aside yet a little longer, until all are secure in their rights? Here is no fixed exclusion,--nothing of which there can be any just complaint,--nothing, which is not practical, wise, humane,--nothing which is not born of justice rather than victory. In the establishment of Equal Rights conquest loses its character, and is no longer conquest;--

“For then both parties nobly are subdued,
And neither party loser.”[106]

Even in the uncertainty of the future it is easy to see that the national freedman and the national creditor have a common fortune. In the terrible furnace of war they were joined together, nor can they be separated until the rights of both are fixed beyond change. Therefore, could my voice reach them, I would say, “Freedman, stand by the creditor! Creditor, stand by the freedman!” And to the people I would say, “Stand by both!”

* * * * *

From affairs at home I turn to affairs abroad, and here I wish to speak cautiously. In speaking at all I break a vow with myself not to open my lips on these questions except in the Senate. I yield to friendly pressure. And yet I know no reason why I should not speak. It was Talleyrand who, to somebody apologizing for what might be an indiscreet question, replied, that an answer might be indiscreet, but not a question. My answer shall at least be frank.

In our foreign relations there are with me two cardinal principles, which I have no hesitation to avow at all times: first, peace with all the world; and, secondly, sympathy with all struggling for Human Rights. In neither of these would I fail; for each is essential. Peace is our all-conquering ally. Through peace the whole world will be ours. “Still in the right hand carry gentle peace,” and there is nothing we cannot do. Filled with the might of peace, the sympathy we extend will have a persuasive power. Following these plain principles, we should be open so that foreign nations shall know our sentiments, and in such way that even where there is a difference there shall be no just cause for offence.

* * * * *

In this spirit I would now approach Spain. Who can forget that great historic monarchy, on whose empire, encircling the globe, the sun never set? Patron of that renowned navigator through whom she became the discoverer of this hemisphere, her original sway within it surpassed that of any other power. At last her extended possessions on the main, won by Cortés and Pizarro, loosed themselves from her grasp, to take their just place in the Family of Nations. Cuba and Porto Rico, rich islands of the Gulf, remained. And now Cuban insurgents demand independence also. For months they have engaged in deadly conflict with the Spanish power. Ravaged provinces and bloodshed are the witnesses. The beautiful island, where sleeps Christopher Columbus, with the epitaph that he gave to Castile and Leon a new world,[107] is fast becoming a desert, while the nation to which he gave the new world is contending for its last possession there. On this simple statement two questions occur: first, as to the duty of Spain; and, secondly, as to the duty of the United States.

Unwelcome as it may be to that famous Castilian pride which has played so lofty a part in modern Europe, Spain must not refuse to see the case in its true light; nor can she close her eyes to the lesson of history. She must recall how the Thirteen American Colonies achieved independence against all the power of England,--how all her own colonies on the American main achieved independence against her own most strenuous efforts,--how at this moment England is preparing to release her Northern colonies from their condition of dependence; and recalling these examples, it will be proper for her to consider if they do not illustrate a tendency of all colonies, which was remarked by an illustrious Frenchman, even before the independence of the United States. Never was anything more prophetic in politics than when Turgot, in 1750, speaking of the Phœnician colonies in Greece and Asia Minor, said: “Colonies are like fruits, which hold to the tree only until their maturity: when sufficient for themselves, they did that which Carthage afterwards did,--_that which some day America will do_.”[108] These most remarkable words of the philosopher-statesman will be found in his Discourse at the Sorbonne; and now for their application. Has not Cuba reached his condition of maturity? Is it not sufficient for itself? At all events, is victory over a colony contending for independence worth the blood and treasure it will cost? These are serious questions, which can be answered properly only by putting aside all passion and prejudice of empire, and calmly confronting the actual condition of things. Nor must the case of Cuba be confounded for a moment with our wicked Rebellion, having for its object the dismemberment of a Republic, to found a new power with Slavery as its vaunted corner-stone. For myself, I cannot doubt, that, in the interest of both parties, Cuba and Spain, and in the interest of humanity also, the contest should be closed. This is my judgment on the facts, so far as known to me. Cuba must be saved from its bloody delirium, or little will be left for the final conqueror. Nor can the enlightened mind fail to see that the Spanish power on this island is an anachronism. The day of European colonies has passed,--at least in this hemisphere, where the rights of man were first proclaimed and self-government first organized. A governor from Europe, nominated by a crown, is a constant witness against these fundamental principles.

As the true course of Spain is clear, so to my mind is the true course of the United States equally clear. It is to avoid involving ourselves in any way. Enough of war have we had, without heedlessly assuming another; enough has our commerce been driven from the ocean, without heedlessly arousing another enemy; enough of taxation are we compelled to bear, without adding another mountain. Two policies were open to us at the beginning of the insurrection. One was to unite our fortunes with the insurgents, assuming the responsibilities of such an alliance, with the hazard of letters-of-marque issued by Spain and of public war. I say nothing of the certain consequences in expenditure and in damages. A Spanish letter-of-marque would not be less destructive than the English Alabama. The other policy was to make Spain feel that we wish her nothing but good,--and that, especially since the expulsion of her royal dynasty, we cherish for her a cordial and kindly sympathy. It is said that republics are ungrateful; but I would not forget that at the beginning of our Revolutionary struggle our fathers were aided by her money, as afterwards by her arms, and that her great statesman, Florida Blanca, by his remarkable energies determined the organization of that Armed Neutrality in Northern Europe which turned the scale against England,[109]--so that John Adams declared, “We owe the blessings of peace to the Armed Neutrality.”[110] I say nothing of the motives by which Spain was then governed. It is something that in our day of need she lent us a helping hand.

It is evident, that, adopting the first policy, we should be powerless, except as an enemy. The second policy may enable us to exercise an important influence.

The more I reflect upon the actual condition of Spain, the more I am satisfied that the true rule for us is non-intervention, except in the way of good offices. This ancient kingdom is now engaged in comedy and tragedy. You have heard of _Hunting the Slipper_. The Spanish comedy is _Hunting a King_. The Spanish tragedy is sending armies against Cuba. I do not wish to take part in the comedy or the tragedy. If Spain is wise, she will give up both. Meanwhile we have a duty which is determined by International Law. To that venerable authority I repair. What that prescribes I follow.

* * * * *

By that law, as I understand it, nations are not left to any mere caprice. There is a rule of conduct which they must follow, subject always to just accountability where they depart from it. On ordinary occasions there is no question; for it is with nations as with individuals. It is only where the rule is obscure or precedents are uncertain that doubt arises, as with some persons now. Here I wish to be explicit. Belligerence is a “fact,” attested by evidence. If the “fact” does not exist, there is nothing to recognize. The fact cannot be invented or imagined; it must be proved. No matter what our sympathy, what the extent of our desires, we must look at the fact. There may be insurrection without reaching this condition, which is at least the half-way house to independence. The Hungarians, when they rose against Austria, obtained no such recognition, although they had large armies in the field, and Kossuth was their governor; the Poles, in repeated insurrections against Russia, obtained no such recognition, although the conflict made Europe vibrate; the Sepoys and Rajahs of India failed also, although for a time the English empire hung trembling; nor, in my opinion, were our slave-mad Rebels ever entitled to such recognition,--for, whatever the strength of the Rebellion on land, it remained, as in the case of Hungary, of Poland, of India, without those Prize Courts which are absolutely essential to recognition by foreign powers. _A cruiser without accountability to Prize Courts is a lawless monster which civilized nations cannot sanction._ Therefore the Prize Court is the condition-precedent; nor is this all. If the Cuban insurgents have come within any of the familiar requirements, I have never seen the evidence. They are in arms, I know. But where are their cities, towns, provinces? where their government? where their ports? where their tribunals of justice? and where their Prize Courts? To put these questions is to answer them. How, then, is the “fact” of belligerence?