Bradford reporter. (Towanda, Pa.) 1844-1884, October 21, 1875, Image 5

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    CARL SCBURZ IN OHIO,
U
Ppwerful Speech Agaiumt
El
lii flatloti.
The Vices of the Ohio Plat•
form Exposed.
; Unlimited , Inflation the that Abjectttf
the Ohio Degnoerato—Tbe
Robot- and the Private Pram pretty of
rvery American at' Stake.—Sueeeea.
^ Ohio•Piore to Inegroes the !Wallah nod
Ruin Its industry—How Inflation Will
•tare the Itleh Richer lied the, Your
Poorer.
1
I t. CINCINNATI, Sept. 27 —The Hon. ..,C irl
SOutx sibil•essed. an immense awl:el:ice at
Turner 11,;11 in this city to-Itight, on the, Mt
Lana! issues invoived is the 0.,..ti0 c.immii . 4.l.
Hundreds of people - were turned tt"way fr 4:4
tl.e o.:1 unable to obtala tithllildiol. Air.
. - .1.1.t r. • 1 .. r ectr , l !ifs retharks to :t rev:ew of •he
i,,:..e) of futi.dion, Whik.': , l be let; area k at va
. ri.nee w.. h true 'le mot:nate doctrines. - awl
v, i ,i !. ,%.,4,10.1, t. - . 1.4,. voted down by Ohio Damu
cr is. ii, dt ciared Or tto place the'pqwer i v
the t...nds c; ecuigress to •• make and keel th
' cal , it.: cf cum zev ((Anal to the w Ants ,0
'ir,,lt . - •,v...11:1 he to tro.aster to them a danger
our :.1-d - uv.inl pow 6 --011.3 which
_would pace
k I o la:sohes- of twery-inan in this country com,
I . ,I. y ;, i the werzy of that 'hotly; ' Ile de-
Chaco that tiont..:tcgoierntneut would be itn-
posit is under th, t fcilicy. Ile showed th t
i f
- the panic et le7;' was not due to, a eontrac•ion
cf the currency; atpd that theonly remedy now.
fir national timeticial evils is a return I.
specie payments. One of the most striking
• feat LTeF ef tare remarks of Mr. li?hurz •waS the
picture be pre • sented - ,of now. intls.tion. would
:.:.(letstie , the rich Anti th , _. poor. -Ile sttovve • 4l ii.
in a-strikin.z in.,nuer by figures, derived from
authentic sources, how inflation would strike
off frond the deposited savings of workiugacm
a ruinously large part of their value. Tne
following is Mr. Schuris speech.
• _ MR. SCIIURZ'S I ADDII,E3S.
let. Selli'EZ'S OISIECT IN. SPE)...KING 1."4 OHIO.
NIX. (I - 'HAMM AN AND FE1.1.A5" CITIZENS: ILI?.
:: err hams : tni business men of Cincinnati have
_ .. ,_gre.iil boner il me by 'inviting me to address
the p: epic of Obit) Rs an adv:cate of honest
tnet:.sy. Fol:thct honor I otter them my sin
core thanks. In obedience to my own sense
of - utv. I Lave accepted thlittinvitation, deep
..t.3 ly r f 5,:4..., of, the Magnitude,of the question
and the fir reachiti3 import-LI:Me of the decla
-ra , ion-of teaument which theipeople o - f Ohio
-"will too, be called upon to make a: the ballot-,
' box: lint 1,1. - Yre proceeding to th sc h,,,,, th e ,
issues of :his con:est, 1 owe you a pfeliminary
statement of a personal nature. • I am told that
. itli t.pt earance in this campaign has been rep
resented as a part of a convened planlo plead
• I..:lepetitittlt voters of the country into the
ratals - of the lit-pub icily party, and commit
them to sir pert its candidates in the Pres-Wen
' tial election cf 156. That story is ati. idle
invection. _I know of no such plan. If it ex
isted I would nit he a party to IL Indepen
devt - 'voters .ha,ve minds of their own, and I
respect them iou much to believe that they can
be transferred to this or that side by any indi
sii.ual or coinhinatku of icidividu as. Besides,
I nit only do not seek to commit anybody else
as to the Presidential election of 4876, but I
do not Mean to commit. myself. I rdserie to
, toy,- t ellt.re treedorn cf judgment un th a t
matter.; to- be exercised when the exigency
will arise', and I :idyl .e everybody else. to do
'the saint. MY relations to - the Republican
party ate no sonret. Ibace, deemed it my
duty as 0 Senator and citizen to combat the
errors and trackgressions of the set of politi
cians • that controlled it, and to attack •t he
abuses.grown up under its rule. I was in
'ea.rnt :rt. I thought 1 was - right when I did so
'teed it is-not mere stubbornness of opinion
,'-when I say I think so now. • Not .only have I .
•''. '.. t!tothing to ritract. but I am sure recent dzvel•
opulence eOnciueed t: any good conscientious
I Reolblicats, that had - lour appeals been
herded in time, that orghnization would have
:?.. Baud, itself many humiliations rt is there
-7, fore lit .entimental partial 4 for the-Republi•
.--', ,Can I arty that brings me here. Whether the
.. - Rspubho , ,n Faits will put itself in a position
to deserve supprt in the Presidential election
in li-71; remain. to be seen; whether the Dem .
werats will 110 to rema'ins to be sren also. My
' opioi,n has' Conti b -en. and I have not eon
Cealed it, that the'p ttriotic men of the Repute
-tic might do haver than-depend upon eitherll
That at ell nearing citizens should so frequent:
ly havo found , heruselves compelled to support
'one party, hot because it had their tipprtaal
and eonti-tetice, hut beeolk2 the other:party
app.-sr.-1 still s - or-t-. is a coalition of po'iCc.
unc4nrilly of a- free. intelligent, a • MI, high
-minded pea ;a•. •but one of the mast :prolific
s :tree- , of, 1 he' CutrliiitiOn and demoralization
of our poiltleal life. ' - , . • .
711 E ~11. N 1`1r.,. or TIX cOrNTRT INVOLVED
71` , CITE *AI CAN:PA!IiN.
:1 ' •
lba':; e !vice been for years, and
t... 1,• going on iao,aio which,
t ;,) ontinue that state of ;things in
• onto iii yn azgravattd form.
1' .c: ocs—been..maill by the
t., .• of (.)!,i,.)Lliza-Vits State. carnpuizn
til'...et-11-'5l to the Of the ,
:,,n of 1574, :old in the v-ry
nra they cave placed one
• ao: oz.iy the Nat. ••aui int oi-osts;
I 11.0 C, :11/ ILE' whole
.... eh, To:u.ple. An at
-I,lt- a. tulre !to owl .rse•.
thf.• grouteat S - ate. of tho
• tie
.1 c y tol'owed by the
ntreitt, dit , cr-dit rep:l6-
.H , The. wf,r:d over, expose the
1 , , ins ril.ledo pal oot.t..unpt
our pohtica! sa
sr :ewe Loan ev , ,r the ri,obf_‘.l.
~,,,t,,corrl p tiAn.- add plunge On
-depth of moral and na
tey and min Avtic,:, as all his
flit! to follow
,:en:crited 'in its wickedness.
ia .his State, I.L.s they
it, 'to understand, expect the
I,y 111” . i•-ma of the.
.ilt's : _t9,,..deel.ire 'their approb4t ion
that - #tlation fever
."` , - , 3='! , v. ;ader i — u
•tstitri.u!us of su."•h success,
•w4ir wildfire over the lYt...4tPrn and
r' oierwhelm anti subjugate the
'National Convention next year,
- , 0 !icy and its candidates, and in
ttion party iut-o the tied strong
'opposition.
ct , ntre.s I see-good reason to ap
t •.,.,:.:coxae.-inences. I do . indeed DA
toe importance of the manly, hon=
atriotie Condo mnas ion primouneed
ti: tLF=l•s:. oolitic Convention of New York on .
• preached by theif.Damooratic
~ott`•Jzon :ere. It was an - act deserving the
I=
BEI
_ -----
grateful appains.e. of eiery gets' citize
( 1 (0 1 1 vary , eriatedy bet her that act w steel
the flecd a il the italat:onists in Ohia are saa
et setal. Peat salvaiiii :ars alrealy followed
arid . it is . tat , too pi ob tax hit tbe see•
14.nrai Wieling which tba rion moiteMe :
f•trirf a to (XXII% in the West. and South wit' be
itathreed mo•e ititehee bitternese. and Cm
the tinartial queetian Il.ed ail- a new
r ncy ta rev.ve the curse of sectional aati -
air; in our aelitica. Let us ,litaaelee ia no da-
Itts,ote. The success of the ibfla.ion party in
Ohio will-be the - sigtial far the ge era! charge
.altag the whole line to stahnierge the best
prir efalts rival leave helpb ss in the rear `the
beet. tecittess of 'the Democratic party, and,
'cd on by a r. ck less demageguism, to cap -
tart. the tatitetail a•ower by a- hunt/11110W iush.
Thirt is no matter al utereloc :1 content, *a
'erre wealby aro end to believe. It is a na
Waal dirager ethicW all amid citizeus should
tetite to aaer a and a hieh can surely be aver
ed only by the defeat of inflation kteee. I
rattan therefore, I baae not coaie here to
a fate wash the fa,ults of the Republican party.
apeloseize for its shoricoming,s. or to serve
embitierist but here is an in -tilted:o)lu mia
thief . threatened by the other side to be pre
I el tad, and 'T simply try to do lay duty asi i
undttstand it.
:so - attleacit or onorreu lir MR. 1.1-CLItItZ.
I lag leave to address my remarks directly
to the Democrats of Ohio. In view of oar for
m, reatteaus, I trust they will not for title
'apreal accuse rue cf impropriety.. When
t, LI, iroleatuttem min, in the Senate and
taa•re ;lie opie, :Avec-A(4l a pol cy of con
k:hal-an tired justice with regard to the South,
',tate I attocked flicial corruption and the
hal sgreesiors of those in power, when I de
ait need iotationS of the principles of the con
stoat:tea lerpettated by Iteputtlican officers
at the State, you, ray fellow citizens, lavished
are at i expresFiehe of . applause: and coafi
ehfce, ler watch I was duly grateful. But the
Deteceratic it.flationieta seek .to discredit my
aced faith by the accusation that I have
caged rides. Let
. us sae. In 1872, I stood
tore u as an advocate of the Liberal
.1 -t-ka . f.'w hich had also •been adopted 'and Wits
seraprt. d taro Democrats. That ticket was
',alai:mud- upon a 'platform containing, as an
e-sea dal Tart of the politicaLfaith - , the follovi-'
- ieg resolutions :
T . The aublic credit must be sacredly main
taiaeti, and we denounce repudiation in eve •y
t tut eral a,uise. A speedy retarn to specie
teantente is:demanded alike by the highest
orsiaerutions ot courruercial morality' and
ast gcairianent.”
That -plat torm was solemnly indo4aed anti
adopted, as the political faith of the Deinocratic
party by their National Convention at Balti
more. Upon that platform they stead then
. and upon it I faithfully stand to•day. Demo•
..ritte, where are You ? In making that decla
ration of priacip,es. I was in earnest. If your
'coders - bettayenheir declared faith, what
I igla. have they . io accuse me of deserting my
cause when I resist ite betrayal by them.
NOT wor.E.ING FOR GEN. flamer RUN - lAA:R.
again, they pretend that front oppositton
;. Giant have turned areaud to speak for
vim ard la : emote his re-election. latt us see.
la the verbatim report of a speech made by
Gov. Allen, at Mansfield, I find toe felloviag
language: - •
-• I have some reason to believe a rand pat a
-mall reason, either, that Graht, in his eeciet
at art, wants the Democracy to carry Ohio, in
order that it may be said by his partisans,
New, no other mau can rescue the country
'Llt Grant ; therefore, we must have Grant.'"
Denrcerats will certainly not accuse
-year candidate fcr. the Governors tta p of telling
a deiiherate untiuth if he says ,he has goou •
*reason to believe that President Granadesires
the Deraccracy to carry Ohio. Then, of
courte. hie . reasons must be goo 1; we have
Gov. Allen'? word for it. Now 1, for my part,
ao L ot wish to' see President Grant's secret
ea:sites gratified on this point_ am holestly
and earnestly c,pposed. th the fartherance of
tt at renotuinatitaa by the succesa of the Julia
bon !Derneeraey in Ohio If there are Una.
GI eat men in this campaign, they are those who
,tivnc.ate t3otr. Allerra election. Tne truth is
there were a set - of Republican politicians who
cught they could perhait Vaem,, , elvee any hai
yuity if they only raised the ery " rebel; "
tut re are . ,ta.cse who think they could permit
themetat ea any iniluity them only rates toe cry
of GAnt." 1 oPpose the farmer as false,pre
.enders, and upon the same principle I oppose
the lefier for it is my sincere conviction,
that there is just a little danger in the tricks
of wilyl.politiciats, who strive to hide their
easel: avotaii - acherries behind what they, believe ,
a °pular cry, No, my Democratic fellow
elti7,oti, I have not changed, aittee I
. etand
upon the tame groutal which I occupied wheh
yoll cheered my utterances : 1 iaiveteite the
a toe pritciples and eerve the bailie ends to the
-time sentiments veriach you theta so loudly ap
plauded. I ask you now hagivei patieut and
aralat hearing
11.‘El THE DEMOCRACY IN F.AIINE.IT IN 1872:
Diniocrats you Trefese 16 be above all
in favor cf two things : First. the strictest
maintenance of the limitations of governmeutal
l ower as . ay...indispensable safe guard of free
inatitutions ; and, sedend, an honest and
,e.thothical autaluct of our public affairs. Its
talelity to these two things is the particular
beast of the Derriocratic party. Japan this
hilehly it basellitbelsime on popular confidence
.aral support. Asa° the necessity of these two
tlangs we fully agree ; in arca it was while
contending fox' the . maintenance of the consti
t uironal hnittatians tf gostrarneatal power and
ter the icateratiorf of honest anti economical
government that the Independents broke with
toe centre:Reg iaflueeces of the Republican
a . ry, hr hich you applauded us so luu•llyi
that I pretest we ore in e_leuest and. ill
- good faith in that struggle, actuated, nee, by .
ZleliTes of small pen:eat:al spite, but by a
—ll , .ere s.o.ieittale for the intearity of Repabli- •
taraintaitutkas and the public g,otal, aad being
earle.rt atirt in reed faith, we must reeogaitea
ur duty to detand that ealle whatavert u :
• . 1 WA Cs, al-tacit et',.) ill:peril it, tag alma . :
macrate aice less titan against 1:e. uhheitis_
It ere you, la rhoci of. 0.10. in earnest and .
got.tif.lll, also when you represented the'striefa
t limitation of Goveramental rowers and hos
fatly to cent:pan and •extravagance as your
le i principle': Esaraineaeur present attitude.
You tide' led in your State Courcation a plat
iraisting upen -an abgarentation by the.
nil Government cf it:s irredeemable paper
carreaca, and now I assert that those. who
r int-vat:ate au inflatien of our irretleem able paper
' curl racy, although cubing, themselves Demo
crats, are advecating an assumption and CI . -
eje.t, at peace by the Government far more
el - ft - teaching aud tatogercus, ana a Corruption
and prafligacy far more demoralizing and op
pressive them any we ha•,i so far caperienced.
if I make gcod that assertion, you will not be
ahie to deny that your Ohio platform is a
reckles.s and barefaced Oandcument of the
very princii les . the Democratic party pretends
to be proudest of.
UNLIMITLT) INFLATION TOE OBJECT OF TIIE
01110 PLATFORM.
But before procteding to this demonstration
I mutt notice an evasion resorted to by some
Democratic leaders, who seem to feel the sore
ness of that point. Here and there the pre
tense is put forth that the Ohio platform does
not mean an inflation of our irredeemable
currency at all, but merely adaptation of it to
the wants of trade. This argument is used to
, 1411:i:.1. '
ectos. !Nevi r was a decepttou mot.. twei,- .
ntocratt, it.t us be candid its striotii
taud iht.vo at least the courage of ow
j •niobs ithd :gurpctes. Let. us ,thro l asul
e art of the ji)g.ple•ry when the highalt inter-'
setsof the peop;e are at stake. Wnat hies th.
DtmocratiC platform say t, It ,staka at the
tLe curieuoy wthugut; by- W.
ut.:ic.u4 party (wniat contisettemby tb
‘ , .ty, is only imagt, ory, as every well ittiorine.t
Mi.r• in the. conLity kasha) has brougni aboa
he I re•set.r i depression of Business, ant having
made this statement, the platturui protieesis
minas, To matte anti keep the volume o;
the curitapy equal to the wants of ;trade."
t does:this mean? If anything. it Meatus
that the volenie of the currency has tiecu rt
•,.. rid to flinch as to tall short of the wants of
' .zade ; that it must be m....tie " equal to thus..
• ants, anditiat opn' he done by iowitig mut...-
of it, and eintt it may, be ''kept" equal to those
wants, and[that can - only b done by !issuiug
rim wore d: it from time to time as tuelvolum•
pit of-t nulls not have t. fleeted the nurpoz,..
Ev try child in the countay can understand the
L * g ta.gutitte, nod I wende:
1 , hat s•aith F. honorable gesttlemeu'! cab stand
el; hetet can int ultigen t people, feebly quibbling
atont the tern of u phrase which has lin mean
g LL ail lib It Outs act mean intlAtion. f But it
r,taLk not billy ititttiou by a single itet stud
it' I. lied sietult , it mean' ir.flat:on
ellf , MI 11.111 finite. Thevola toe of the currency
it to be trade" anti '','kept!' equal !ie the
~- a oats of irade." is not -the volutia.of the
tutreney thus' to th • e wants of trat.l4' now Z
The hot is 4 as notorious as daylight that the
banks of thb country, especially in the;centres
of [rode, ore lull of money that lies ails !or
wont of rioployment. •No intelligent mnr
questions this fact. To any candid mi l nd this
wt u.d cencinstively prove not that the t ivolunp!
et. s:utt tncyl is not (plat to the wants f bust
n ss, but that the business of the country is
tint quid to tile volume of the currency.
tiki.ift , MoILV V.NOVGII, EVEigklF PEOk.I: CAN"
• NOT GET IT.
1
1
Put to, sy t he inflationists, it thies not
pleN . t• ti at the Vu;111I1e tf currency is tiittal to
:he wants oti trade, for although there may be
a t 1 pkrabudurce ef money in the hank.,
fht • re I.le al great inany people who waut •
ni. ni.il d 1 hot get It. 1G c•14 , 1O/ CONI utpli
-,, tor this again would prove. not that toere is
a: lock of currency, but that there is a .ralit et
,•• 1 t.,ic T“ .. which deters those whei Love
*tttrev from embarkine in busittess and s i.. n d
ing money tot those who need it. That want
of confidence: is to be overcome. how 'do the
inflationists propose to accomplish this! On
this point re gain some information from
a
i. e lloill; ( 1/i A1.C1.1, woo 18, by the 1D.... -
rtti:c platy ,t.f Ohio - charged with the great
oilier of ltstfl tig the country out of all its
unoncial d Oen:ties. I have studied some of
. .
. _
... _ .
I.k. tpt eche.' uf that venerable gentle i,.11
• I I . 11 , 1 , : )' I Cr1•if , "1. , .. tined me woh w
and amazement. No words can do.hina justice
but his .own In a verbatim report of his
speech, delivCred some time ago at Wrietta,
1 fired the following language: .
" Thee men ( meaning his opponents) go
about and cry, ' There - is too much money in
ibis country' I wish to God we could find
come of it. 1 [Laughter.] They say 4is in
the banks. Is it? It might just as wcl.l, for
the purposesof money and currency, bz , in the
Lotion, of the Pacific Ocean, for if it is not in
Circulation idle no more money than so many
corn-sia ks would be. To be money, it must
citeulate as a:: medium for carrying on the ex
et arge of the country."
This, tltenj is Gov. Allen's doctrine. I do
not wish to ispeak harshly of the venerable
•gentlernan, who no doubt possesses.many esti
mable qualities, and far be it from me tp cast
tity. slur upon his character
.as a man ibut,
r aiding there as one of the great leaders,
whose wisdorii the people are called upon to
'rust for the ti,innagetkent of their most t por
tant interests J his. cr.presi.ed opinions chi . lenge
I n
terniiny. N4w. I must confess, among rill the
glsr•ng absurdities tvilh which the infl ition
relocl of fUsuciers have been flooding the
land, I find Mine equal to this theory of Gov.
Allen's in brilliuncy of 'nonsense. It deserves
to Le recorded and transmitted to posterity as
(tie of the in: Mortal micro:ices of thl tio?.ncial
suliesrasnshi.cf this period. Only think of
it ! ' Money iti biuk is no money at (01 for
businoss pure es !
M',N1 , .% IN 11.%,. F. NOT LOST TO etticuLarios.
The pea le l ader,of the Demoeratic paity of
Ohio, who ankh the people to vote for him on
tie very ground of his financial principles,
',does hr I 1 nowLyet that in this civilized country
el 1: r.1.-ut 7 Tier cent. of the business transac -
t on: are accoppliihed by an actual transfer
nod delivery Of currency from hand to hand,
and that 414 fi:l per cent. of [those transit,-
rent; are tfle,led by the transfer of bank no
c•Junts thtekigh checks, notes, and bills of ex-
Change. Ile does not know that 93 per cent.
f
of the circulation of money in this count' y is
effected tbronet those very banks whit: • he
'liens to the bottom of the racifto Ocean. He
de,es not kno;li. vet that in the progress of
cirfilization, we have passed that ancient
reriod of batiri:qn when a business man
fled his treasury in his wallet and
ccuoling-room in his hat. It seems al:
it credit) e in' its, the nineteenth century,
yet this very n
. sardity is the basis of all
artming ..at . Ole inti.tionios; iIIICP - 4 1 / 1 3 , V.
iP Lot only thAlunt, but 'the true repre9e,.
tire of the ides of his followers. Belleal'
c.r pretendiugi to believe , that money in
ta.tk is lest to circulation and no longt.r
forms the ctfic4 of money, they strive eith:
fc rce tint roori!'y out of the hnnk cr to i
more yLieli Inio not go to the tankF, and
CIO(' 111 once Li the tatter ceuree
Now. ruppcte more of • our irredeeml
gr,etbrekp be; ii ,, ,ursd no nniter who
tt.er:,, the firstithing tne people who rc,,c
lb nt siU do straight via,7 and (to
tL r in bal;1;!---Fral tx , e..pt Oay. ". I
on: " ern.B )I(.l!..thgt wtil never do: you
tt!•trn)irg }cit. alp:cub:l:As fur nll purp
of mt.r.ey and cum my ; you trre throwing
th‘ mto th? I.(,.teni of the Pacific Oz-an.”
brad he sagely,yroseeds to stow his away in
..m . ol4.stor.Onglor an earthen f.Aot limier the
lo -ti Jar'cYtidat,inn ; for, if be lend his mor l ry
1,, anyb,aly, ..or pays, it out in a bminiss
C.nrsarnen, the man. who gets it, if it is a
C iL... de rat. le tinantt,y, will forthwith depasit
11 -In a I aloi., 4,d eo - .11 if kid out in stroll
ems, it will elentuolly get there. ll'..ati; tills
I , a F' rvt . rl , e :I o. when people will insist upon
tleit.,riting theiri money in banks. Now, Gi;v.
.'then •v,iil say, ; '• 'this experiment not havi g
antv,tred, the great mass of. the greenbacks
hurls g gore into the banks, or—which is tine
eatne thing—td the bottom of the Patti c
1
o.zten, of course we must issue ore gre a
talre, anti more and more, until the mon y
s tip? , cut of the banks," and 'finally G o y All a
v.eu'd accomplish his purpose—that is, wh n
the greenbacksi will have become so uttezi y
worthless that it will no longeribe of•ttny use
to depcsit thenllin the banks at aIL Then I
f uppeee the gre rtbacks would, in hisisense, be
,* better than corn-stalks." They would at
least serve the purposes of money and cur
rency, and really circulate as ILn:tedium, ae
ccrdirg to Gov.iAllen'a enlightened financial
conception. This would, as Oov. Allen °gives
us to understand,. be making' tin and keeping the
Tolurne of the Currency equal to the wants
of trade, in purd,uance cf the Ohio platform.
I desire to prove that the Ohio platform'
i
•. dtiny
'•k (lir, ini
htzniai PLn
tt ? But, eh, ,eit;.t.uic of
nll soberness, would! it not be
e for the people al Ito great a
'Flligent. an edro‘ted Ipeople, at
ent, when ro much depends upon
to • designate him who chant
'.at because he is the ;exponent of
, as their chosen chief, dins pu -
itt' their approbation upon a !Imm
o utterly absurd and childbth as
e laughing stock of the world
y are ttw-ntionecl. 11 earnestly
,le of Ohio will think better of
•fr•tg in(
critical ire. '•
1 eir, cietisio •
•L.ir tot e,
ueh II elle
.irg the Feal •
vial :beery f,
+a lateen et
.4 . eiever
re the pea
t be insert!.
CONTIIACTION ENDES. THE, 01110
PLATFOEM FOLLY. (
Tif rotors o
seratic speakers pretend that th
Iling 'and keeping the volume of
qual to the •aants of trade may
it the Ohio platform ;under sir
ilium, instead of inflation, a re
4ie• currency—namely, when it
ithe N chime of the currency is in
aunts of trade. %%hen will the
witted, if •it is not admitted
wantities of money I lie in the
r want of employment, and that
la a heavy discount ins to gold.
+tag of trade are considered to
m ore 'currency, under what cir
; 11 they be considered to require
ty tolshow that as you go on in
urrency the deaniPwill not. be
i will be still more esi:iied. One
Scze Demo
retie, Of tor
tte-ttireley
.1, tie rate 9.
21.E':ILC(13
111c1it U uf. l)
ICOS list ' 1 ,1
xteir of the! ,
• see o te a
14 tile large
borne, idle f
rarer Maley
If now the vri
rigiiire
cututiancte WI
EFI.? It ie el
ctrap•iug the
Ealiffird, but
, admitted—if the volume
mable paper money is increased
depreciate. The paper dollar,
85 cents in gel.' tiow, wilt be
puor U 4), or 50 cents then, acid
y f o r one dollar iu paper now,
5 or Si 30, or 51.40,'0r $1.50
-,llper inont:y depreciOes 'or loses
t~lag 19 urii3
of cur irrede
it will furtbe
width ih wcri
%it'll! 60 or
wbftt yttt (jun
wit] ccst
th(ri. Ai. the
power,. its power of effecting
decrease in• a corresponding
Irnmetion lequirine the use of
tars now, will require $1.25. or
50 thin. What followi? The
Iniity of the eurreifo l y, bringing'
reared power of effecting ex
it-cquence of corresponding de
ere. after the increuse„just us
;ing the supposed wants of trade
lore.. You try further expan
r,tsuli wi.l be exactly the same.
ittlibut any to melte the vol
1.31 tqbal tcrihe wants of trade,
n w ill b e indefinite until finally
ewes ro wor hlers its to effect
11, and the whole edifice tumbles
:tot repudiation, biinkruptcy,
in : ruicbasin
rlcharges wil
mature. A
lubdred . dol'
SELO, or $1
t.c - fased flu:
sith it no irl
cLi rges in co
Net istion,
fur fi Lin batii-t •
as ycu were rS
'ion, and the 1
Viii go cu ir. 4
mot' if cum t I
the it &tit
11 t cuitttcy b
asngt-sul a
dose In utirl
and ruin. i
Is there art• advocate cf the Democratic
',Mika in *Le cr gainsay this? If not, then
it t Ilb hear no more about that platform not
1 1
meaning infiut'en. It means inflation ; indefi
tale, onfniftfl, until the currencylis utterly
a orthlrbs. Be ides, you need only listen, not
to the trimming. apologizers, but to the real
maktre and t4onents of the Democratic plat
form, and you hear nothing but the roar for
More ruoney,l more money." If it did not
mean inflation it would have no value at all to
them. To quibhle about it is not only a use
tef.s, it is eimpi Li y a ridiculous attempt at ova
rian. The in!' tionists of Ohio themselves will
rll
'tionit at you did-you tell theta that the plat
f rat dt.es . not n can more money, much, very
much mole too ey.
iO WM: THE VOLT; )[E OF 4
REENCT
v 1 AT TAMPV:
elm% to the point from which
lie.oall, 1 ntlirmed that those
it inflation of our irredeemable
1 pretending to be D•iinocrats,
la assumption and tieercisc or,
'i•erninent far more overreach
us, and a corruption and pro•
dentoralizir g and oppre - ssive,
e yet raperienced, thul be
principbrd which the limn°
in the tnregroutid in soliciting
aid support of the people,
o Ott I out of governmental
emocratic friends, insist that
n of the powers of l ine Gov
eg to constitutional principles
i ntial and indispensable safe
r libetly and free InStitutions.
same doctrine. But you in
irredeemable paper currency
ed according itt,thelsupposed
fld icho is to determine what
e are;, and to what e*tent the
acy shall be augnientel ? Of
tztrunt. Have yOi c4nsidered
? In specie paiinglimes the
circulating in 'lt country id
le circumstances-of, busin•iss.
than finds profi!able I employ
out and go where it- finds a
If there is less than the Wants
. ;Srow let me ri
tho, Wr;f , A dug
N ett.4
gager currtney;
re athoeming
lower I)) the 6 ,
g tad danger(
Dgacy air.a.orc
uti Lnf Re ha
irayirg the set;
st.e l :,r1
c cot Edetice .
Firer, then, as
rmwer,,you, my
u strict hrobalii
rnment, accotdil
u , the must eFst4
guard of popular
ccmend for the
sift alto that our!
eliMI le augment
Wants of-trade,
the wants of tra
volume of curr9
eourie, the (ove
what that paeans
amount of coii
regulated by
If there is more
mcnt, it will tlo
bitter market.
it will become de ..r and flow
3 wherqit is , iheriper. The
l-reguiped b:inking, system
c will - conform to the same
disturbances brought on by
al opm aliens may arise, but
rule holds good. The Govern
ary control whatever over
rr,ncy.', I t sees to it that
the min: be of the pree'cribed
It punishes ccuuterfeitiug.
'talking system so as to make
t lets currci.cy and trade in
e care of themselves. This
tic anti also sound financial
ctice in the true sense of the
th..yernment is reduced to
. .
ht l: 3 :ere an irredeemable piper
There the volume of cur
ated by the circumstances of
coney Oct having, outside of
iralue v.hich specie possesses.
la and in as the needs of
Of trade require,
in from eountrin
links of a weh
tamed upon epel
mull. l'ernporar
Tunics or unifiei!
to the whole the r
mem has no arbii
the value of the 11
the COL strtck in
,qattfuril mine
-rczulattF the
anti then
ITOr relaiiens fa!
d Demter:
ior.neiple and pia
raid. Therelh
its prefer fool
Put how is it
riutity Frevaile
let,cy it , not I•Ggti
trade. ar rapt r
tht• country,
it
. 00(5 tot flow
EMI
his
int.st I
I and
1 the
,
li t. nen
nta-
Ing.
the
r to
~ 1 1, 3
I de-
li . e
gets
etre
1 t.1 , 1t iss It ay rt , 1 .ire. TLe quantity the noun
-1r2., that' requite s tit tonnued by the arbitra-
I) ail' of :to Get -1,1111.1:i. Th.s is apowerof
tli;lul 1. .ILit Ili itillii , iplifxr,t:tte. it is not dis
pM t., ed that tl ra ue ili the purcLasing power
4.4 tin itreuo IL,lr . e paper cnrrency is affected
bl IL, tim.nt t::.• iu circul.,tiou 1 - ..ttd that other
eiretan&titi.cui, El eh r.h the cot , filence of the
ia.ope csal ir _iv . ... acy of the Government re
nMirtit4;, the so me, an an-nicialile expansion of
the curl t hey wiq - zet-lzit in its &predation;
cril- rice verso. 11ut as the currency changes
in , jut chasibg pc Tr, do the money value of all
ycil pce,ese, and .11 yin have to buy or to sell,
charges.alb°. E 0 I at -the power of the Govern
-thou to tietenuit the quantity of currency
shut ehall be in et ciliation is virtually e,
lent to the powerd by its own arbitrary t,t, to
inCrease or decrease the money value of all the
-.ovate property in the laud. In other words,
,111
the private fortun of every citizen is placed
at the mercy of he Government's arbitrary
pleasure. You Ch not venture upon any busi
ness enterprise ; . ou cannot sell or buy a lot
of merchandise en time, or even for cash; you
cannot make a contract involving the outlay or
payment of money, but the Government will
Dave the power to determine whether It will be
to l y our profit or loss, and perhaps, in extreme
cases, whether it will make you rich or bank
rupt. This, then is the awful pow .r ol'a tiov
trt ment intrusted pith the:cf&oe of tl iakiug and
keeping the voluMe of c, rrency e,031 to the
wants of trade.
NO CONGRESS T
; Yon may sak,m
the United States
BE TRUSTED Wall SUCTI
POWERS.
Cannot the Congieee of
e depended upon to ones-
1. a.% La A ,.W CI WI WlbiluPt. and discreuou?"
The Lot& p: e•••. r'' . .• Ti its: U: :* te.'eat. wise.n
. f finantiero in the Vvorld would be unable to
ciiicover any:other naeans to e and keep the
volume cf currency aqual to the wants of trade
.Lan by a return to tpecie• beide.. wh,q 4 c .
t.nd currency , may .adjust themselves. But
Congress—give r us the moat honest and tate ., 4
4
gun Congress we ca ever expect to be bleased
%lib, aid the &dal. tion of the volume of an
irrideettable paper 1 currency to the ever
eht.nging wants of trade by alitl2l.l le, ti AIM lot
;
will be Joann an utte impossibility . But now
inai l line a Congress controlled 'by statesmen
iiie Guirtrnor Allen, ‘ ,
ho think that more and
mare currency must be issued; until the
i f the country strays Out of the banks; or rt.-
agire a Cont,ress malpulai co by a ring of un•
rcrupulons and adro t financial sharpers, and
such a Congress a ieldiug the ' trimear;,,,,
'eviler of changing a pleasure the currency
%nine of et try collar, and every dollar's worth
ot p.rtporly , you buy . Does not yo. - . 1. beau
stint at ti .e proap• c ? And yet that t , la the.
poWer vvirlded by any Governmeut, intel igent
or iCit tic, honest or r scaly, which is ch aged
s lilt tle • thee of • “alling and keeping roe
co nn.e of irredeetnab e paper money equal to
the V• a ntsof.„ trade:"
Ili E I ISSUE. er PA PER ItONET • WAR EI.PEDI-
. . ,
Yin. my Don:leer:oifriends, soy thatit wa,
I'M jou to•to conterte: each a power upon the
Goveinrot nt by the ettutivn of the ireutleetn
able uper n buoy. Tit i'tt true
.ctiough... Ii
:tat- ucLe in der the Prtteltre of the ectrerue
14A int ii it 13 of. the eil. l i war ty Repuotimons.
i,
Lt.: di is ti at change Le quesOon? Previous
to that civil war ,you multi have fund among
iA: t k . RIO. S'Lllettlitll o ° the 'l.•publie hatttly a
sit•gte one who %oak'have admitted the cdu
-1
i,vutiot ality . ot an at ofiConuress making
nyqiing 1 tit gold tic .rilver c. - ..in a legal tcti
iitr. , I 1.1.10Vf well th t the Supreme Couot„
at or, the war, ii:d colts dor Eueti an stet jiistified
1i . 7, d i e t Striviity of th national ilangt-r.. Hut
d i
ri v. the rational danger is over. We are at
t t Loe 'I Le North obh*the South Lave shakeo
Ltnds in rt I.IOA ell friendship, and no foreign
eneMy 11/TtikICDS our eir.;rts. All hasiolial
iitingt r aids what jusiridatioalt might - afford
of' tsceptional measures has vanished, and
Low jcu Democrats of (Thienropote to continue
that , awful power of t he , GArernufent. Insep
arable front au irtedee able paper money 49-
It I:O. [: Nay; you propo 'e to perpetuate -it for
wbat4trpose ? Not tdefend the life of the
tl au
1,, 1 oli o ogaiaet aton si aggression, but to
pr• oltice c-ttain_ e ff ect upon the business 'of
the country. You not my admit the power of
Le rational Gorernme t to change at will a,.
cur:. 't.t valuer in the co try, to dispose of the
1 tit: 4e torture of ever citizen at its arbitrary
i Icainre. Nay. in th face of the mlorts of
mho TS to strip tLe Government of a discretion
so de4ctie. yttiattret Umlautt power ehiall bo
tlereirtd by wh e at you . euphoniously' call
•
making and keeping the i currency equal 'to
r,,thip wants of trade •' by the interference of the
tloVernment; and you still call 'yourselves
D. tamale and c;aiin th confidence of the peo
ple by your fidelity to t e.. erect principle that
ic pwar ',bevy and frt.,e institutions tau -tt or
r ,, t t zikd by a strict lixiitatlon to the rtiv.:;rs of
the GOrtrriren'..
GUN 1 NIAV ISSTE Or
IMILIM
Now, a word about 11
to corruption aid proll
erti',c) . ri*Les plofein t
cel,( c,ieal, hen, Et, pur
I. Is there a tingle ca
rinccrely tellorcn t
• cnury. 01. d putily ol
i,
rozictec. by b.l VITIIIt , ,
le cunt ;icy, or is eve •
iiii. with it 1 Ltt us 100
side of the yucstion. I
i• I cd„ how are' yL23 go i
:it tail ,grtintaelis alioa
Lye caused some cull
nuse, er has tisually becri
ii iUt 8.0Lb:110%.? Eta I
•It filaT encEt : The nintt
cise slitterLtnt. Obiiou 1
to set 4ilditioual curren
I uying up United State
in the market, or by but
tie bent iss they fail tit;
that rhis moiled will 1 1
lithittil measi.re,- for, tit
yin 'put out new green
it ct 4 a large entissio4
I slitily Sept eclat e met° w
ire payable, principal a.
,I.ey will maintain their
plicein paper money wii
t iih that the method o
backs by purchasing WI
t atty unpopular and be '
n'tbri to iqudiate the '
understand, attic is at:,
}tit r cse, - tit n, of course 3 11
(Este them, and not" buy t.'
Bin item is another w
11-uts of gretnbacizr. 1
XI C 111. 1 .5 of the Clover=
ue, or.d tbis, 1 Lava no
to a! th'e fairetite rued/0(11
:tat moans? Imagine a
prop:jai:ions of money fon
tit getting, cut, putting I
u.t.oh money ae poseible,
n.ht it" iEtra‘t: gance in ell'
mcabure of financial
It akit , otnd ket plug the
tit hi to the wtiot of tta
obi tee thole will be am t
ti tit al-,' who think thor
Col tot tot pectabiliiy,
r IA et the public n
A CAitIVAL OF FXTRAV
hi t it be kJ:own that i t•olifs must he dug
that ena ankments mutt lie thrown t.p. teuit
t; at re.ircad and sle.imbont luals zatz-t nt .10)
rt..iLtti for the very pimlo.t7 ‘.l sliemitng
a,. evy i 'bat '• the voitunt of the COI t* . ni7l/I.
u nut anti kept «lonl to the 14.1rtt,4 if I r 1 , 1. :
NI at :1 /1.1.1T4 of j(lo, what a crop et r,rl;.s,
th.sh:esi.«tt
d eaatry ern p. sr : 11,h it a g'e
tit us b!.r.e 14 enter{ rismg coril r .e: :it-4 :
11hat atlseductive . eent-o,rt for I . -152 r , ,, - al , tt 1.1
1.11) a friend for a litilio share in ILe pr - ,tin , i . .
It lint `al comical ,of fet,mi: stint a, t!-t'u'n''
al i ut ofi stray millions : for, min' yeti, In. my
;till be no aj. et ; on tit- tionteary. it 71! , 1.' to
sp tit, and tut more 6'...11i the lA."er, fit • the
pr. entaelts must be got .t;•• in olh•d.eule; t o
ti.t , mardate "to make 'and le, ep the volume
at the currency equal to the wants oi . teat..."
Nu. facliv-citizens, this is I na
. je - 41. Tfli-t 1- to ,
I xt,gger 4 tion. You adopt a financial policy
raking it the duty of the. National Gexteria.
mut to rut out new issues of currency in any
wry that will serve theohjeot quickest, and
unlimited extravagance wilt be the ne,:essary,
the inevital le const quence.' There neyer was
a State l ever so well adpainistered: there
i
raver Rine a people ever so frugal; there
never wae a government ever so cirefal, which
did not, l iby the emission of large quantities of
irredeemable paper =mei, run in the vortex
of profligacy and corruption. It has never
been, it will never -be, otherwise. It is the
very ulture of things. When you =mut' ii
tare Ibis so-called money by merely printing
a few words on a slip of paper, it apparently
costs nothing. You are deluding yourselves
with thel ides that you are creating wealth,
‘s ithout 'stepping to think efCthe ultimate day
of reckoning which demands the settlement of
accounts
Titan you spend such Money for the very
purpose Of getting it oat, the willPst extrava.
.ties IS IThiIVeICIUWC, 411.11t1 I ' M, 4 , 11ra , wanes of
a - govtrumi.ni always is the very hot-bed of
peculation and corruption; The Rings will
thrive, sad the honest melt, will pay that:lost.
Lut not only the Government. officers does it
(irrupt; till mcni grierou'ety - wid n detnural.
'ire the pecple, when, by , this fluctuations of so
vickus a monetury system, the possessions of
tverytody tecorues'uncertain from tiny to day.
Every men of itUB'LIeES Pill, by the force of
metal stance, be made a gambler. What is '
worth something to-day and may be worth
nothing to-morrow, is likely the foot -ball of
(haute, and wkitis everybody -to salmi himself
Nees himse.f forctd to overreach everybody else,
.he principles of Lontipy are forgotten.
The sting of necessity stimulates unscrupulous
gitta, the geutr.l example silences the
voice fit etuseien:ie. honest labor. appears as
truitltas di udgery, and to lire on One's 'wits
becomes, ILe order of the day. The history
of Da:if nn is lull of pertinent warnings.
American tociely can escape such a tate just
ar li:tle I.e r.ny other, if welflood this Country
sith this bind of money, which, in its very
CS•rkel the poison 'of false pretence
and . eduction.
hip Ilen.ocratic friends, we have seen in our;
days many ;startling eters of embezzlement,•
peculation. and (mat We have seen Credit
Manlier Rings, Whisky Rings, Mail contract:
Rings, Indian Balls. and what not. I have
dettoneed there things no less earnestly than
you: tut I tell you au these things wilt appear
ins'gt.ifitant compared with the cotrurt.ou
pi t flip, es vhieb rt;utd inevinth'y en to • wlonh
you rut in el erasion b financial policy which,
:n et,ier to make toad keep our irrewteemante
, •nfreney equal to the wants of trade, will
oblif e• the Government to spend money in
site,ins for the very purpose of getting it out.
Ittelle-r exlravag,ocu with all its wasteful
rest and thi. corruption inseparable from it
sill tot ler ger uput a - as a mere incident. It
till theme the E)hieroatie pruc ice of your
t•ovtir wet I, flit' very trials of your scheme oh_
tior.nee Democrats, do you oak for the confi
dence of the people on the 'ground that you
arc err mice of core uption and friends of eco
ta utic.J, bonestand pure govt ratnesot If to,
then make kas:e to murk with the st , gm2 of
condunration thore of your leaders who at
ttmpt to liercie:le y u into the approbation of
a> ant al policy which, by the 'force of ueces
s:ty, vei!l make .h • ti,,v •ruittent more corrupt
and pre fligate than ever. Ii venture t I affirm
that while the Dtim.erat:c iparty puts toren
strict limitation of the powers of Government
WI the suppres ion of:corruption as its first
to! jectsohote Democrats who advocate an in
tlztie n of our: curia acy are advocating a more
tht,it.tic and :Slivesruits tot'efeuse ut govern
me tosl r o,eit.,, and a more; demoralizing op
pressive extravagance and corruotion than we
ever ezperiencel, thus beirayiig the very
111.10',1 le, ;eh.; Its the Itsfoolracy most loudly
prtfess: I trust no candid man will deny that
I axe n ad , go, d uuy a-ssitiou. The inter-
I StEd paftiran may quiLble, but no patriotic
tali hilt clue i,is eyks to toe truth.
7111: ¶ I MST EXCUPES FOR INFLATION.
What excuse, then, can be presented fdr
such a of professed principles! What
adoantages can so baneful a policy offer to
timpcotiate for seek ci tses? The excuses
put forth shire by Wit: fl,mitiness. -- Here is a
very curious one from Gov. Allen himself. In
on ,, of his first speeches ho Said' substantially
this: Not the Democrats but the Replibliaans
forced the greenback currency upon the people.
'the liepu.:.casi,:s ar< reepoubcole tor it. Tony,
theretci e, tdigbt not to vi ly the,r owa child.
And, river bavn ford the greenbacks
upon ne, they must rot find fault with us if we
accept the situation and g,v , a.: them more than'
they hatpin., din. Ah, Golf. Allen, this will
badly de., not even iu a pinch. Yen may no'
be Falielled wit'u the paLt financial policy of
the Eel üblimin pat ty. Neither am I. But do
ou not call Sourtclt a reformer? Da you
nut ask the people to vac tar you on the,-
grouuti that you are a reformer ? Is it not the
office of a true iefaruier to rdmove bad taings,
and put bettor thugs in thdir places ? And
now you' come end say , that your oppinents
have forced upon us a bad thing, and, you pro
pose to refotui by giving us more of it. You
are cpt csed to all rirrigermis qiisurupiions of
otter by the tiosernnitnt, and now you pro
pose to retorm by giving dr more of teat.
You are oppostd to corrup.loa r kind proflgacy,
and pri.t , use I, reform by givrng us more of
0, 8 1 :lie. d, assoi tment of refo:-
Icnicly sivt'ttS in that it.tl.ction pill. No.
Alen. 'bat at v , r do f. .
prop., ,
}. c lo t the o.lls yt:II so , loudly denounce by
giaing iir niori or hint you awl your friends
sro n..i the toil cf rsfurtners sensible men wit
tate to.
'APE]; WILL I.IEI ; INTO
TION.
,:tlation. 4s optiosel
gutty au, my Wino
. contend for fragal,
government. So do
i man among you,
at frugality, economy,
government, raft be
:on of our irredeerna
r in any ikay compaq-
It at a plain, practical
. has been frequently
fig to get your
Th e query Feents
1
iharrasstuent, and: the
i—.• Oh I we shall get
here is no reed of in
r is capable of . prt••
ly them are two ways
y afloat. Oat is by
gold.bearing ,bonds
ikiug gold to pay off
e. But it is certain
lanswer only a Ter:7.
8 single refvon;„," 1%
giciis with ttle pros
the greenbacks will
is3ld, and as the Minds
I. ad interest, in gull,
Mold value, and their
till thereby become 86
ft putting out gre,m.-
i ds will soou-bcedatc
nipped. Or if you
onds of which, as I
present no deciarei
j ou will simply rept..
.hem up at all.
'4"
y to pot ',Haat near
is by c.irrying Abe
r at beyond its rev
oubt, will be.resor el
Do you know.whu
'ungrees making 'ap.!
the avovii.d parpole
spending, as
iand adopting spite
ienditures as a neies
policy, to the end 'of
volume of earr,ney
de. What a day et
ag the thieves awl
eau ' ; goin not, only
ry f:,ealing as muc:.l
'envy.
Ilut Cr ere is another excuse which at first
eigtt al pear! , tut!te re,pectable 1t is said the
Lions are hold, hipiness is languish : lig, our
in ut•trit s are de pressed, thousands of labor.!rs
are with:. ut work. the poor are growing poo
the. otintry is full of istress, eometh ng m tat
be done to ..Acrd ?ells!. A 1 this is true, aid
th re are many well meaning me ,w ,o, troubded.
b 3 them d Siottaltirs, poi e about fur a remedy.
! It is itd-td neee-sury that something
be clone to ifhrd relief. Ti2P qaesti in is want
the! something should be. .4,s iv / Ise men , we
Oust first he certsiu f the nature of the -Hs
et Fe, hi lore d, tcrniining upon 'the method of
eui e. Den.of r.i6e pl ;aorta of 0 .to ,terms
thuf t u ss de Fes sib n %HE( caused by the
co; fra , :lico rise cut r. pci, wrought by the
Bel uldietin arty. 'roue and lime agai t it
lie bet ti shown that this ot u teolgin oa ttt9e en
ire vt r 3 face; but tho intlationiSrs, driven to
tFt reeeitoty of illro%itg dust in the eyes of
the j cople, txlithit 4autti rrse
lel apes in lai!-:-tiiteinchts that, I wall once
nacre take tbe trouLle to give the, figures . ./10In
LL but ht tio,tctnent before. inc. From that
i ststenent it appears that in 1873, when the
11-tadioss cr;.sh OCCII! red. ther were in the ag
grepte more I gal tenders and bank notes out
es e.r before.. lnrtudime the_ fractional
currency, there were $9 000,000 more than in
1872, over $29100.000 more thau is 1871,
over $52,000.000 mere than in 1870, over
$68,000,000 more than in 1869, over $56.-
000,000 More than in 1868, over $46 004) 000
more than in 1867. And even if we count the
et:impound interest notes into the volume of cir
culating currency, we find that we had in
1873—the year ,of tie crash—a general aggie
gate of . s9,ooo,ooomore than in 1872, over
$29,600,000 more than in 1871, over $57.-
000,600, more than in 1870, over 356,000,000
more than in 1869, over $2,000,000 more than
-in 1868; and yet the year last Mentioned has
generally been called the year of unexampled
prosts rity ; and when during all these years
the currency had reached its greatest volume.,
that collapse came which the intl itionista will
=EI
THE DUTY OF HONEST DEMOCRATS
It, nAletd, that sheuld turn out._ to be the
real 'lf fvnli.tery sprit of the Democracy, then
rhdent end pwriotic men rawt feel in duty
bi and to IL rt. arouoLl ant look for elevation
enmehh, re else. But surely, even were I a
lilt-long 14m oernt, that ;kind of ref;rmamry
spun I silmhol, as a friend of the par y as
e.l as of toy euut.try, feel bound to aid in
;:;;%u, to 1 revent it from doing fatal
to Intl. for th.st kind of referaia'ory
*int it I:, , ta at last rdorni .Congresi into :IV
ue the pubite et_rvi...e and the tun
a re v;.; Iht ti,,wtrtiroent into the ele neu e
2, h 11.: t pa/ ty into a terror
.1 1 ene,t men
T 11F I'ANIC NOT DUI; TO C.INTRACT;