With a knowledge of our wants—with a clear perception of our difficulties, Rutherford B. Hayes became President.

Nations have been saved by the grandeur of one man. Above all things a President should be a patriot. Party at best is only a means—the good of the country, the happiness of the people, the only end.

Now, I appeal to you Democrats here—not a great many, I suppose—do not oppose this policy because you think it is going to increase the Republican strength. If it strengthens the Government, no matter whether it is Republican or Democratic, it is for the common good.

And you Republicans, you who have had all these feelings of patriotism and glory, I ask you to wait and let this experiment be tried. Do not prophesy failure for it and then work to fulfill the prophecy. Give the President a chance. I tell you to-night that he is as good a Republican as there is in the United States; and I tell you that if this policy is not responded to by the South, Rutherford B. Hayes will change it, just as soon and as often as is necessary to accomplish the end. The President has offered the Southern people the olive branch of peace, and so far as I am concerned, I implore both the Southern people and the Northern people to accept it. I extend to you each and all the olive branch of peace. Fellow-citizens of the South, I beseech you to take it. By the memory of those who died for naught; by the charred remains of your remembered homes; by the ashes of your statesman dead; for the sake of your sons and your daughters and their fair children yet to be, I implore you to take it with loving and with loyal hands. It will cultivate your wasted fields. It will rebuild your towns and cities. It will fill your coffers with gold. It will educate your children. It will swell the sails of your commerce. It will cause the roses of joy to clamber and climb over the broken cannon of war. It will flood the cabins of the freedman with light, and clothe the weak in more than coat of mail, and wrap the poor and lowly in "measureless content." Take it. The North will forgive if the South will forget. Take it! The negro will wipe from the tablet of memory the strokes and scars of two hundred years, and blur with happy tears the record of his wrongs. Take it! It will unite our nation. It will make us brothers once again. Take it! And justice will sit in your courts under the outspread wings of Peace. Take it! And the brain and lips of the future will be free. Take it! It will bud and blossom in your hands and fill your land with fragrance and with joy.

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HARD TIMES AND THE WAY OUT.

* Boston, October 20, 1878.

LADIES and Gentlemen:—The lovers of the human race, the philanthropists, the dreamers of grand dreams, all predicted and all believed that when man should have the right to govern himself, when every human being should be equal before the law, pauperism, crime, and want would exist only in the history of the past. They accounted for misery in their time by the rapacity of kings and the cruelty of priests. Here, in the United States, man at last is free. Here, man makes the laws, and all have an equal voice. The rich cannot oppress the poor, because the poor are in a majority. The laboring men, those who in some way work for their living, can elect every Congressman and every judge; they can make and interpret the laws, and if labor is oppressed in the United States by capital, labor has simply itself to blame. The cry is now raised that capital in some mysterious way oppresses industry; that the capitalist is the enemy of the man who labors. What is a capitalist? Every man who has good health; every man with good sense; every one who has had his dinner, and has enough left for supper, is, to that extent, a capitalist. Every man with a good character, who has the credit to borrow a dollar or to buy a meal, is a capitalist; and nine out of ten of the great capitalists in the United States are simply successful workingmen. There is no conflict, and can be no conflict, in the United States between capital and labor; and the men who endeavor to excite the envy of the unfortunate and the malice of the poor are the enemies of law and order.

As a rule, wealth is the result of industry, economy, attention to business; and as a rule, poverty is the result of idleness, extravagance, and inattention to business, though to these rules there are thousands of exceptions. The man who has wasted his time, who has thrown away his opportunities, is apt to envy the man who has not. For instance, there are six shoemakers working in one shop. One of them attends to his business. You can hear the music of his hammer late and early. He is in love with some girl on the next street. He has made up his mind to be a man; to succeed; to make somebody else happy; to have a home; and while he is working, in his imagination he can see his own fireside, with the firelight falling upon the faces of wife and child. The other five gentlemen work as little as they can, spend Sunday in dissipation, have the headache Monday, and, as a result, never advance. The industrious one, the one in love, gains the confidence of his employer, and in a little while he cuts out work for the others. The first thing you know he has a shop of his own, the next a store; because the man of reputation, the man of character, the man of known integrity, can buy all he wishes in the United States upon a credit. The next thing you know he is married, and he has built him a house, and he is happy, and his dream has been realized. After awhile the same five shoemakers, having pursued the old course, stand on the corner some Sunday when he rides by. He has a carriage, his wife sits by his side, her face covered with smiles, and they have two children, their eyes beaming with joy, and the blue ribbons are fluttering in the wind. And thereupon, these five shoemakers adjourn to some neighboring saloon and pass a resolution that there is an irrepressible conflict between capital and labor.