The meeting was very large, mostly plain country people, men and women. The committee-men sat on the platform on both sides of me, with anxious faces, evidently doubtful of what would happen. I had put the audience in sympathetic temper when in the due order of my speech I reached the bond question. Then I did not "draw it mild." I described the circumstances under which the bonds were sold by our government and bought by our creditors: the rebellion at the height of its strength; our armies in the field suffering defeat after defeat; our regular revenues sadly insufficient to cover the expenses of the war; our credit at a low ebb; a gloomy cloud of uncertainty hanging over our future. These were the circumstances under which our government called upon our own citizens and upon the world abroad for loans of money. The people whom we then called bond-holders lent their money upon our promise that the money should be paid back in coin. They did so at a great risk, for if we had failed in the war, they might have lost all or much of what they had lent us. Largely owing to the help they gave us in our extremity, we succeeded. And now are we to turn round and denounce them as speculators and bloodsuckers, and say that we will not give them in the day of success and prosperity what we promised them in the day of our need and distress? Would not that be downright knavery and a crime before God and men? When I had advanced thus far, cries of "shame! shame!" came from the audience. Then I began to denounce the vile politicians who advocated such a disgraceful course, first the Democrats who had made such an ignominious proposition a part of their platform, and then the Republicans who, believing that such a movement might develop some popular strength, had cowardly bent their knees to it. By this time my hearers were thoroughly warmed up, and when I opened my whole vocabulary of strong language, in all parts of the crowd arose such cries as "You are right!" "Bully for you!" "Give it to them!" "Hit them again!" and other ebullitions of the unsophisticated mind; and when I added that I had been told the whole population of this region were in favor of that crime of repudiating the honest debts of the republic, and that I had in their name repelled the charge as a dastardly slander, my hearers broke out in a storm of applause and cheers lasting long enough to give me time to look round at my committee-men, who returned my gaze with a smile of pitiable embarrassment on their faces. _The Moral Cowardice of Politicians a National Danger_