Under President Johnson, Secretary McCulloch hoarded millions of gold, to enable him to maintain a wretched rivalry with the gold gamblers of New York city. The Nation was defrauded of its just dues, and the National debt increased from November 1, 1867, to November 1, 1868, $35,625,102.82. General Grant began his financial policy by revoking his predecessor's pardons of revenue robbers, and by cutting down expenses in all directions; and Secretary Boutwell disposes of surplus gold in the purchase of interest-bearing bonds to the amount of two millions a week, and in his first quarter reduces the National debt more than twenty millions of dollars.
The two Democratic Johnsons, Andrew and Reverdy, furnished their ideas of a foreign policy in the Johnson-Clarendon treaty. They undertook to settle the American claims against England on account of the Alabama outrage by the award of a Commission, one-half of whose members were to be chosen by England and the other half by the United States; and, in case of a disagreement, an umpire was to be chosen by lot. That is to say, a great National controversy, involving grave questions of international law, and claims of undoubted validity, amounting to millions of money, was to be decided by the toss of a copper! The administration of General Grant crushed the disgraceful treaty, and proposes to deal with England on the principle laid down in General Grant's inaugural. The United States will treat all other Nations "as equitable law requires individuals to deal with each other;" but, "if others depart from this rule in their dealings with us, we may be compelled to follow their precedent."
On the great question of reconstruction, in what a masterly way and with what marked success has General Grant's administration begun. Congress had fixed its day of adjournment, and all plans for reconstructing the three unrepresented States had been postponed until next December. At this junction General Grant, on the 7th of April last, sent to Congress a special message recommending that before its adjournment it take the necessary steps for the restoration of the State of Virginia to its proper relations to the Union. As the ground of his recommendation he said: "I am led to make this recommendation from the confident hope and belief that the people of that State are now ready to co-operate with the National government in bringing it again into such relations to the Union as it ought as soon as possible to establish and maintain, and to give to all its people those equal rights under the law which were asserted in the declaration of independence, in the words of one of the most illustrious of its sons."
The message of the president was referred, in the House of Representatives, to the Committee on Reconstruction. That committee the next day reported a bill for the reconstruction of Virginia, and also of Mississippi and Texas. The character of the bill sufficiently appears by the first two sections relating to Virginia:
"Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the President of the United States, at such time as he may deem best for the public interest, may submit the constitution which was framed by the convention which met in Richmond, Virginia, on Tuesday, the 3d day of December, 1867, to the registered voters of said State, for ratification or rejection; and may also submit to a separate vote such provisions of said constitution as he may deem best.
"Sec. 2. And be it further enacted, That at the same election the voters of said State may vote for and elect members of the General Assembly of said State and all the officers of said State provided for by the said constitution, and for members of Congress; and the officer commanding the district of Virginia shall cause the lists of registered voters of said State to be revised and corrected prior to such election, and for that purpose may appoint such registrars as he may deem necessary. And said election shall be held and returns thereof made in the manner provided by the election ordinance adopted by the convention which framed said constitution."
It will be seen that by this bill the people of Virginia were to proceed in the work of reconstruction at such time as the president might deem best, and that such reconstruction in all its parts was to be on the basis of equal political rights. The constitution to be submitted was framed by a convention, in the election of which colored citizens participated, and of which colored men were members. The "registered voters" who are to vote on its ratification or rejection, and also for members of the General Assembly, for State officers and for members of Congress, include the colored men of Virginia; and if the constitution is adopted, it secures to them equal political rights in that State. The remaining sections of the bill provide for the reconstruction of Mississippi and Texas on the same principles, and left the time and manner to the discretion of the president.
This bill was reported to the House of Representatives and unanimously agreed upon by a committee, of which four members were Democrats. The most distinguished Democratic representatives of the States of New York and Pennsylvania advocated its passage. Out of about seventy Democratic members of the House, only twenty-five voted against it, and the only Democratic members from Ohio who voted on the passage of the bill, voted for it.
It thus appears that upon the recommendation of General Grant even the Democratic party of Ohio, by their representatives in Congress, voted for equal political rights in Virginia, Mississippi, and Texas! And to-day the great body of the people of those States, Democrats and Conservatives as well as Republicans, have yielded assent to that great principle. In view of these facts I submit that I am fully warranted in saying that General Grant has begun the work of reconstruction in a masterly way and with marked success.
Again thanking you for the honor you have done me, I repeat, in conclusion, what I said two years ago. The people represented in this convention mean that the State of Ohio in the great progress, "whose leading object is to elevate the condition of men, to lift artificial weights from all shoulders, to clear the paths of laudable pursuits for all, and to afford all an unfettered start and a fair chance in the race of life," shall tread no more steps backward. I shall enter upon my part of the labors of the canvass believing that the Union Republican party is battling for the right, and with undoubting confidence that the goodness of the cause will supply the weakness of its advocates, and command in the result that triumphant success which it deserves.