The financial depression plainly operated to the great advantage of the Democrats, but in allowing Tilden to pre-empt the reform issue when men were intent upon smashing rings, the Republicans opened the door for their destruction.
This quote reflects on the political dynamics in New York during a financial depression, emphasizing the strategic missteps of the Republicans.
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This reduced the question to ratification or secession.
It is not the bondholder, it is the office holder who sucks the blood of the people.
Thoughtful men who were not in any sense political partisans gave careful heed to his words.
Gross and unfounded charges of fraud are made by them against those high in authority.
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