The people have to support the Government; the Government cannot support the people. The Government has no money but what it received from the people. It had therefore to borrow money to carry on the war. Every greenback that it issued was a forced loan. My notes are not a legal tender, though if I had the power I might possibly make them so. We borrowed money and we have to pay the debt. That debt represents the expenses of war. The horses and the gunpowder and the rifles and the artillery are represented in that debt--it represents all the munitions of war. Until we pay that debt we can never be a solvent nation. Until our net profits amount to as much as we lost during the war we can never be a solvent people. If a man cannot understand that, there is no use in talking to him on the subject. The alchemists in olden times who fancied that they could make gold out of nothing were not more absurd than the American advocates of soft money. They resemble the early explorers of our continent who lost years in searching for the fountain of eternal youth, but the ear of age never caught the gurgle of that spring. We all have heard of men who spent years of labor in endeavoring to produce perpetual motion. They produced machines of the most ingenious character with cogs and wheels, and pulleys without number, but these ingenious machines had one fault, they would not go. You will never find a way to make money out of nothing. It is as great nonsense as the fountain of perpetual youth. You cannot do it. Gold is the best material which labor has yet found as a measure of value. That measure of value must be as valuable as the object it measures. The value of gold arises from the amount of labor expended in producing it. A gold dollar will buy as much labor as produced that dollar. [Here the speaker opened a telegram from Maine, which he read to the audience amid a perfect tempest of applause. It contained the following words:] "We have triumphed by an immense majority, something we have not achieved since 1868." [The speaker resumed.] And this despatch is signed by the man who clutched the throats of the Democrats and held them until they grew black in the face, James G. Blaine. *** Now, gentlemen, to pass from the financial part of this, and I will say one word before I do it. The Republican party intends to pay its debts in coin on the 1st of January, 1879. Paper money means probably the payment of the Confederate debt; a metallic currency, the discharge of honest obligations. We have touched hard-pan prices in this country, and we want to do a hard-pan business with hard money.