"But now, gentlemen of the convention, what do we want? Twenty-five years ago this republic was wearing a triple chain of bondage. Long familiarity with traffic in the bodies and souls of men had paralyzed the consciences of a majority of our people. The baleful doctrine of State sovereignty had shocked and weakened the noblest and most beneficent powers of the national government, and the grasping power of slavery was seizing the virgin territories of the West and dragging them into the den of eternal bondage. At that crisis the Republican party was born. It drew its first inspiration from that fire of liberty which God has lighted in every man's heart, and which all the powers of ignorance and tyranny can never wholly extinguish. "The Republican party came to deliver and save the republic. It entered the arena when the beleaguered and assailed territories were struggling for freedom, and drew around them the sacred circle of liberty which the demon of slavery has never dared to cross. It made them free forever. "Strengthened by its victory on the frontier, the young party, under the leadership of that great man who, on this spot, twenty years ago, was made its leader, entered the national capital and assumed the high duties of the government. The light which shone from its banner dispelled the darkness in which slavery had enshrouded the capital, and melted the shackles of every slave, and consumed in the fire of liberty every slave-pen within the shadow of the capitol. "Our national industries by an impoverishing policy, were themselves prostrated, and the streams of revenue flowed in such feeble currents that the treasury itself was well-nigh empty. The money of the people was the wretched notes of two thousand uncontrolled and irresponsible state banking corporations, which were filling the country with a circulation that poisoned rather than sustained the life of business. The Republican party changed all this. It abolished the babel of confusion, and gave the country a currency as national as its flag, based upon the sacred faith of the people. It threw its protecting arm around our great industries, and they stood erect as with new life. It filled with the spirit of true nationality all the great functions of the government. It confronted a rebellion of unexampled magnitude, with slavery behind it, and, under God, fought the final battle of liberty until victory was won. Then, after the storms of battle were heard the sweet, calm words of peace uttered by the conquering nation, and saying to the conquered foe that lay prostrate at its feet,--