The Cadiz sentinel. [volume] (Cadiz, Ohio) 1864-1911, 1867-10-30
The Green5ack Issue In the
Ohio Election How Regarded
Ahrnnd

/
Ohio Election How Regarded
Abroad.
From the Rochester (N. " Union and
Advertiser.
The BuffaIo Express leading Republican
organ IN Western New York, frankly owns
up that to the financial system hatched out
by Chase and inflicted upon the people by
the Republican party is to be traced, IN a
great measure. the cause Of the unparalled
reaction. Asking " Rhat does II Dlean2' y
The Espress says 1T is useless to blink the
facts-beSrer face them and take the lesson
they teach, and then, after reviewing the
situation, concludes:
What. then, do these Union losses m
Ohio and Pennsylvania mean? just this:
That the weight og sn ilEdigested system of
taxation, the industrial and commercial de-
preston consequent upon an unsettled
financial policy, among other causes, and
the general oppression Of high prices, which
are inflated by many remediable mistakes
that these things pressing uycR the people
in their everyday life, are ftetting them to
that soreness that the remembrar ce of high
principles at stake is not kept clear, and
thar the sturdy faith OF loyal Republlcanism
is in danger of losing its patience. And
these fretting burdens will utterly break
down the sentiment upon which the nation
depends, if they are aot speedily lifted.
TrUe-true the weight of taxation, and
the effect of financial system dictated by
bankers and usurers for their own benefit
through robbery ofthe Government and the
masses, are fretting and expressing the peo-
pl, so sorely that they have resolved to
throw the burden oil. And the first move
ment toward getting rid Of the indlbus Is
necessarily deposition from power OF the
party which created and will as long as it can
continue it, The election of General Cary
to Congress in the Second Ohio District,
composed of six wards of Cincinnati and
several adjoining towns, is a significant step
| in that direction. As is well known, one OF
| the issues in the Ohio campaign wGs aboh>
| ton of the National banking swidle and pays
ment of the National debt in greeubacks,
except were it is expressly nominated in the
| the bond that payment shall De made in
gold. Upon this issue the Democracy stood
unitedly in the affirmative and the Repub
licans equally so in the negative. The Sc.
| cond Ohio District was year ago strongly
Republicans giving Hayes. the Republican
! candidate for Governor, who resigned his
seat in Congress on being nominated, 3,O9S
majority. In the late contest the Repub
lican nominated Smith the Trades Union
or wcrkingmen, nominated General Gary
The Democrats, with 4 sight bolt in favor
of Rcemelin, resolved to support General
G. upon his platform as declared in letter
to the Trades UnIoRr as follows. ...
First believe the law authorizing the
establishment OF National banks should be
repealed and their circulation should be re
placed by legal>tender notes, and the inter
est>bearing bonds to that extent Cancelled
And further, | am opposed to any contrac
ton of the currency until the interest bear
ing debt has been greatly reduced or palc
off. As far as practicable the bonds shoult
be paid in lawful money legal-tenders), ant
not in coin. except where the Law creating
them and the bonds themselves provide to-
such payment in coin am utterly oppos
ed to any financial scheme which gives in
creased value to the rich mans dollar ant
| and which makes the poor man labor les
remunerativc. This believe to BE- the
necessary result of the course now pursued
by the Treasury Department" "
Under this issue the Radical candidate
majority of 3,09S under which he entere!,
the canvass is wiped out, and Cary is trl
umphqntlr elected by a majority Of Sj4. -
Thi- rS,,jt -imply proves that wheneve
the people cav re aroused and brought to
realizing sense aF tfsfir perseuaI and tn
countrrTs general iYh1tmiA! situation, the
will rrnufiaSe, MT their honest debts, bu
II e men WHO r4rklpssiy and ruinou-ly ere
ated these debts, and at the same tine Sc
running banking machinery intending t
make them perpetual. and to render tn
great mas Of the people-the producers 0
wealth-mere hewers Of wood and drawer
of water for the favored few. ....