Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1868-02-22
The Republicans of Indiana Have
GONE aud Done HI.

Ahe republicans of Indiana Have
Gone and Done 1t
The Republicans of Indiana held State
Convention at Indianapolis, on the 10th.
According to Republican authority it was
tremendous in size, and it's enthusiasm al
most as boundless as space. They declared
for GRANT for President and CoLFAx for
Vice President. They nominated CONRAD
BAKER for Governor; WILL CUMBAck for
Lieutenant Governor; F. A. HOFFMAN for
Secretary of State; JOHN d. EVANS for
Auditor; MEDoRE McCoY for Clerk of the
| Supreme Court JAMES B. BLACK for Re-
porter for Supreme Court D.
z. WILLIAMSON for Attorney Gener-
al; BARNABUs c. HOBBS for Su-
perintendent of Public Instruction.
They resolved that it is necessary to
make voters out of the negroes in the
South, but that in the "loyal States the
people thereof have the right to settle the
| suffrage question to suit themselves. They
resolved that economy would be good
thing in the administration of the Govern
ment of the United States. We rather
think it would be after the wholesale rob-
berry to which it has been subjected since
the Republican party came into power.
Economy would be a grateful surprise to
the people-a surprise they will never
know SO long as the Republican party is
kept in power. But here comes the reso-
luton, which throws all others into the
shade-the 4th in numbers:
4. "The public debt, made necessary by
4 H. r.at. to- ~ l. L A.
all the bonds issued therefor should be paid in
legal tenders, commonly called greenJacks, ex-
cept where, by their express terms, they
provide otherwise, and paid in such guam
titles as will make the circulation commen-
surate with the commercial wants OF the
country, and SO as to avoid too great an
Imitation of the currency and an increase
In the price of gold"
This resolution embodies PENDLEToN's
financial idea-his sGreenback" policy,
which Republican presses have decried as
CHASTITY and bloody Reputation. No
longer ago than yesterday morning the
Ohio State Journal, paper that by its owD
showing is orthodox, and is not '.fishy"
like the Cincinnati Commercial and the
Springfield (Mass.) Republican, thus dis
coursed about this policy:
snow it dollar of what passes for cur
rency. compared with other varieties, or
with the nearest absolute standard of VAL
ue, is worth half as much. or fue times or a
thousand times less at one time than another,
as in the case OF the Continental currency
land as soiH be the case under the PendletoR
currency, which is simply the Continental
system revived), it is very clear that what
is given us as substitute for money, fails
to perform the essential function of money,
altogether"
Either the Journal Is wrong or the In
diana Republicans are wrong.
The Convention denounced the contrac-
tion of the currency as most injurious in
its effect upon the industry and business of
the country. They were not in favor of
paying any part of the Rebel debt. They
complimented the soldiers and seamen.
their widows and orphans. Declared the
public lands to belong to the people, and
that ''monopolies of them, either by indi-
viduals or corporations should be prohibit
Cd" That is SO; buttohy don't the Republic
can Congress prohibit them, instead of
creating them? They reprobate the doc
trine once citizen always citizen.
l|This is the pith of the proceedings of that
Convention. The remarkable part of it is
the appropriation as their own thunder
of Hon. GEORGE II. PENDLEToN's financial
policy. 1t is a great compliment to the
sagacity of Mr.. PENDLEToN, and it will
help make him President of the United
States for the people will argue that, if
the payment of the Bonds in Greenbacks,
where it is not expressly stipulated they
shall be paid in coin, is the right policy to
lift the country out of its present dilemma,
the originator, or the original advocate and
expounder of that policy, is the man who
should be made President.