The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1868-07-16
Ae 5000 . tse Pl.afsrn.


toms g-senbaek policy was endorsed In
the platform adopted By tie convention
which sfsE ard buried its author. Bat
thsy are as badly cheated in that a.
they were in the trading delegates they
sent TO 4eE York. Ths Third ssesIea
OF the platform, As sent by telegraph
declares for:
fPayment Of the public deb. g
rapidly A. Pracsieablsi the money
e1espI 60 much as Is requisite Tor The
! neesssiiEes Of the GoSernmept. eccn'
omIcaIIy sdDfstsTedi 6ei1g honesty
/ applied 10 Euch payment and SEsEe
I tie obligations Of the Government &c
| not expressly state upon fhs1k Laes, OF
I the law under which thsy we're lss .1.ls :
dos not provide that they sban Be PAD
/ In coin, LheJ ought, In rfghi and jas
tice, be paid IN tie lawful money ofths
United States
! This may admit ottEo constructions
I bat the plain and obvious one Isr tbs;
| While the right OF the Government Il
pay a certain class OF rs debts in
1ssabacks e asserted, 20 counte1ance
is given 20 the project Of issuing them
from The printing presssa Of The Treas
my DspzrtlesL, in order 70 provide
green osck fund fer the redemption Of
tie torded debt. Il sh0uId b paid,
according TO this resolution, s'as rsPId:
ly Is prseiEcsbIs by tie EoJg GrGEs
fros. ne Ps9pLe 5y taxation, except 50
much Is ID requisite for the Deesssities
of tie Government economically ad-
n.luistsred. tezS LoAessly aPPlied %
sE1f P1p1ss." T1en follows in in
mediate connection with tbs, tie dec
Izrati0n Gbat the debt sbould be paid In
Iawful money. except where coin was
specifically mentioned
Any olher construction than the one
I've have assumed =oold be strained
and unnatural, bat If ME. PsDd{eton
had been ehoEen as = representative Of
the platform IL could and Ehonld have
been cors.Eusd "a fsvozing his policy
Of Increasing The ereenbzck circulation
IL vas we'll updsstoOd az New York
that The platform would be construed
By tie candidate placed uPon iti and it
~sztb!s thzt made the Fight so 6sEee
AID :s-iious between the champions Of
rial cardi5zlez, srd which Impelfed
tie eneneufes of ". Pepdleson's poll
cy TO u.skefbeiT desperate and sucee@z-
fol Efforts aor HE defeat BE was the
rseozoizzd Iszder OF tbs gTeenhack fac
,Ion. AID Governor Seymour Ts4
known a. oss CT its earliest srd sbIest
cvponects. socn after Hr- PsadIeson
gave bEz views on THIS question to the
cabic, GoTeTnor Seymour took cesss-
ion 70 deliver a speech n opposition to
them, in the city Of Se~ York, which
was extensively published and Is
doubtless f.zh q the recollection of
The greeDback Democrats. Again, on
the z5.h Of last month, he delivered an
other speech In Cooper Institute, in
The city Of SeE Yozk, In which he re-
declared his opposition TO an increase
Of the Lsper currency Of the country.
IL shat speech Governor Seymour said:
Every paper dollar nov pat ont IL a
Government faisebood4 for u claims TO
Dc worth more than lis real value, and
IL Roes about the country defraudIng
he Ii 5oreF, the Pensionerr the mechsn-
{ ic sad the farmer. An Indignant CHIEF
OF one Of the tribes from whom we
s bought land al an early day by pledge
oFmoneyed annuity. said the Govern
[ ment Sas cheat. Is got land from the
I indians By promising them so many
dollars each year, that now they PAID
them IN money which WAS lie, which
[ said on its face f. WaB a dollar when IL
| wsg bat IiitIe more than half dollar,
I Tue red nan told the simple trutht Oi
ali the devices 10 cheat honest labor, 70
/ paraiyzs industry, to degrade public
] morals and 10 turn business pursuits
| into Teck less gambling, none has been
20 huTLlnI as a shifting standard OF
value, a dehased and lying currency.
9
-sIf ne make our paper money good
/ By hsrsh system of contraction, We
snail cripple The energies OF the conn
try and make bankruptcy and ruin.
I II, on the other hand, We debase the
currency by unwise Issues, We shall
equally peTplex business and destroy
sober Ind ustFy, and make all prices
mere matters OF gambling tricks and
| chances. This Will end as II did in the
Southern COnfedeFncy. at the outset
| the citizens OF Richmond went to mar-
I ket with their money In their vest
pockets, in the end they took their
/ money In their baskets and took home
their dinners in their vest pockets.
Make our money good by an honest
and wise course, and when this u done
\ IL will be worth twenty I'VE per cent.
| more Iuan II IS now which will be
! Equal TO an increase OF one-quarter in
1 the amount Of currency. Business will
! be strengthened, Industry will be en-
| couraged, prices Will be regular, and
men will then dare TO go on with useful
enterprises" H
With these emphatic utterances Of
Governor Seymour fresh in the mem
Dry of the members of the Convention,
his nomination by them settles the
construction to be given to the green
back clause OF the platform, namely.
that there shall be no further increase
OF that currency, but that the surplus
revenues OF the Government shall be
applied, at par, 10 the redemption OF
such portions of the public debt as are
not in Terms payable in coin. This Is
nothing more than has been regularly
done ever since the close of-the war
enabled The Government to sccumu-
lase surplus. and the same process
would have continued If Mr. Pendle.
toms greenback theory had never been
heard OF. Toe greenback platform
which has been the rallying cry of the
Northern Democracy, persisted with
l"Young Gteenbacks," when he was
crucihed by the New York Convention,
a; The demand OF the "hondholders"
who controlled its action.
THE Cincinnati Enqxirer admits there
was "nisger" in the New York Con-
vention. Here is what 1t says:
| "a regular specimen of the genuine