The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1868-11-04
Push the Financial Issuel
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Mr.. Seymour, prior to the October elections,
cried out to his followers who were conducting
the campaign to "push the financial issue, "
and abaudon all the other questions involved
in the Presidential campaign. Tue Financial
issue'' had been pushed by Me-. PeDdletou
until it was found advisable to withdraw him
from the canvass, under the plea OF sickness.
liquidation aud depreoiA ed greenbAUks were
iouud to be uUpalatabls to all honorable aud
honest men, aud thu blOatsd boudhOldsrs''
were found to be mechanics, tarmsrs, and msu
of smsll means, Who hat tlelr little all in-
vested in Government securities. Thsn az 4iu
1t was found that more than million of CON.
paratively poor men, who were not actu Il
bodeTs OF bonds, We're interested ia them as
depositors in savings bAuks, as holders OF
policies of life insurance, and as stockhod 3rs
III national banks. The capitalists who hsid
bonds we're discovered to be few aud insigulh-
cant, in comparison with meu OF mOiora,s
means whose all was directly or Indirectly
Interested In a strict maintenanJs Of th5 piS.
lo credit.
Mr.. seymour finding that the "pushiny Of
the financial Issue" as LAID do va ia tue Tan
many platform had worked batiy, started
out on a stumpipg expedition to ARRAY tns
West against the North on question Of lojil
iusnce. AT the North be pru iently svOi led
the question OF 6uauce, whilst at the We hs
charged the Democratic city OF New York With
a monopoly OF the circulating medium, al
with grinding aud depressing the poor sui
innocent merchants OF Chicago, Ciucuuati,
and st. Louis. He went forth to euligntsn
the three most prosperous, enterpristus aut
energetic cities ot the West on q nestiOn about
which the most dull aud uusOpuistic Ited pro-
duce dealer has forgotten more than ever he
knew. In short, he has "pushed the financial
question" entirely outside OF the rSmm iu =
platform, and in such a way as TO make himself
appear ridiculous in the eyes of those who
understand the laws OF trade, aud have too
much experience to be mised by this new
financial bugsboo that he has trotted out
before them. His speeches in New York were
mainly devoted to an epdeavor to prove to the
people thst If elected he could do no harm -
both branches of Congress being largely
| against him-and that his administrat
could be nothing more than continuation OF
| the unsettled aud unsatisfactory condition o
| affairs that has prevailed during the term o.
| Andrew Johnson. To this the people have
already devoutly exclaimed, "Good Lard
deliver u.s." and we doubt not that the
| people of the West will as earnestly make the
| same exclamation in view of the new fnancia
| plstform laid down by Mr.. Seymour.
1t has been said that the politicians o
| Tammany Hall have from the first given NJ
the election OF Sey mour and Blair, but thei
/ main object has been to secure the election o
Mr., Hoffman as Governor OF New York. Car
it be that Mr. Seymour's speech at Chicago wa'
| intended to strike back at the Tammany ring
TO array the West against the North, and t
damage the cause of Mr.. Hoffman, We re
| gard his Chicago speech as the arraignment o
the money kings of Tammany Hall, charging
them with grinding and expressing the peo pie
of the West. New York being Democratic
city, we cannot see wherein he makes on.
point against the Republican party. Th,
''fp ancial issue' he has raised is one gov
erned altogether by mercantile laws, with
which matter the President or Congress ha.
nothing to do.