Autobiography of Seventy Years, Vol. 1-2Hoar, George Frisbie
History
Autobiography of Seventy Years, Vol. 1-2
Hoar, George Frisbie
United States -- History -- 1865-1921; United States -- Politics and government -- 1865-1900
During the thirty-two years from the 4th of March, 1869,
to the 4th of March, 1901, the Democratic Party held the
Executive power of the country for eight years. For nearly
four years more Andrew Johnson had a bitter quarrel with
the Republican leaders in both Houses of Congress. For six
years the Democrats controlled the Senate. For sixteen years
they controlled the House of Representatives. There is left
on the Statute Book no trace of any Democratic legislation
during this whole period except the repeal of the laws intended
to secure honest elections. The two Administrations of President
Cleveland are remembered by the business men and the laboring
men of the country only as terrible nightmares. Whatever
has been accomplished in this period, which seems to me the
most brilliant period in legislative history of any country
in the world, has been accomplished by the Republican Party
over Democratic opposition. The failure to secure honest
National elections and the political and civil rights of the
colored people is the failure of the Republican Party and
the success of its Democratic antagonist. With that exception,
to all the problems which confronted the country in 1869 the
Republican Party has given a simple, wise, final and most
successful solution. It has done it not only without help, but
over the constant opposition of its Democratic antagonist.
Every State that went into the Rebellion has been restored
to its place in the Union.
There has been complete and universal amnesty. No man has
been punished for his share in the Rebellion.
In spite of dishonest and subtle counsel, and in spite of
great temptation, we have dealt with the public debt on the
simple and honest principle that the only thing to do with a
debt is to pay it. The National credit is the best in the
world, and the National debt has ceased to be an object either
of anxiety or consideration.
Specie payments have been resumed. Every dollar issued by
the Government, or by national banks under government authority,
passes current like gold. Indeed the ease with which it can
be transported and the certainty of its redemption makes the
paper money of the United States better than gold.
Public-domain text, read in full here on John Shaqi.
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