is one thing certain: we shall find the South so immensely strengthened, that, if for a people like ours any task could be hopeless, this would be hopeless indeed.
And in the same measure as the South will be strengthened by this Chicago policy, so we shall be weakened. I have already alluded to the demoralization and disintegration of our military strength by its effect. But that is not all.
At present the enlightened opinion of the liberal masses of Europe is on our side. That opinion may in a crisis prove strong enough to bridle the action of governments. How can we expect that opinion to be true to us, if we are treacherous to ourselves? With what face can we demand its generous support, if we confess a failure and throw doubt upon the justice and humanity of our own cause? You have heard of the people of Germany pouring their gold lavishly into the treasury of the United States. [Applause.] You have heard of a loan of a thousand millions having been offered, and being now in progress of negotiation. Would those people who are standing by us so generously in our embarrassments, would they have done so, if they did not trust in our ability and determination to carry through the war? And now they are told by a party that boast of being about to grasp the reins of government, that the war is a failure, and being a failure, and being unjust, inhumane, and ruinous, must be given up. You, who are so clamorous about the condition of our Treasury, do you call that raising our credit abroad, do you call that helping our finances out of a distressed condition? Truly, if it were your avowed object to reduce the Government to total impotency for want of means, to render the nation incapable of a vigorous movement, to lay it prostrate in utter helplessness at the feet of its enemies, your means could not be more judiciously chosen, you could not operate with more infernal acuteness. [Great applause.]
