Business; Capitalists and financiers -- United States; Speculation; Wall Street (New York, N.Y.)
Hon. E. Delafield Smith, Chairman of the Committee on Resolutions,
presented the following:
_First._ That the merchants and mechanics, the bankers and
business men of New York, represented in this meeting and in the
call under which it is assembled, are satisfied with the wisdom,
ability, moderation and fidelity with which the national
government is administered, and in common with the bulk of our
brethren throughout the Union favor the continuance of its
distinguished head in the office which he holds with usefulness
and honor.
_Second._ That the practical result of the coalition movement,
if successful, would be to restore the Democratic party to
power.
_Third._ That such a restoration, after the late glorious
triumph over rebellion, would read in history like the record of
a Tory resurrection at the close of our revolutionary war.
_Fourth._ That Republicans elected to office mainly by those who
assailed the Union at the South and at the North embarrassed its
defenders, would inevitably become serviceable to the powers
that sustain them, like those northern presidents who were
chosen by the South and did its bidding better than its own
statesmen.
_Fifth._ That the patriotism that made Grant President of the
Republic he saved, is akin to that which placed Washington at
the head of the nation he created. The trust was accepted by
each at a manifest sacrifice of interest and inclination, with
modest misgiving as to civic experience and qualification. But
having been well and wisely administered, the confidence implied
in a re-election is an appropriate reward for faithful services,
and accords with the broadest views of public policy.
_Sixth._ That against hostile criticisms and unfounded
imputations, against alluring promises and prismatic
theories,—we array the practical reforms constantly inaugurated
and the substantial results already achieved by the present
administration. The chronic vices of existing systems, unfairly
paraded to its injury, have been placed in a course of
amelioration or removal. The reduction of the national debt has
elicited the admiration of the world. Our diplomacy has made
peace the ally of national honor. And our President has been in
deed as in name a kind and “great father” to the Indian tribes
still lingering within our borders.
Public-domain text, read in full here on John Shaqi.
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