North Iowa times. [volume] (McGregor, Iowa) 1867-current, 1868-09-16

fhe FitesTwcntfes.
In the Sunday Times Of Nee York, Il
family journal unequalled in tho world,
with just sufficient dash Of quiet demos
cratic politics to make it admirable and
reliable, has the following candid, square,
truthful leader in its issue of August
SOth. We commend its careful perusal to
our readers:
"Senator Sherman, like SENATOR Wade,
does not make speeches in the west that
his republican friends in the east can
swallow without an unpleasant grimace.
Senator Wade insists upon it that negro
is intellectually more entitled to the cleo
tive franchise than the "whiskey- bloated
Irishman, the lager beer bellied Dutchmar,
or the frog eating Frenchman.' Such u
declaration is not we'll calculated to win
for Gen. Grant the votes Of the adopted
citizens named, and the journalists on that
side Of the political house are naturally
chagrined at the Senator's inopportune
utterance. But Senator Sherman has done
worse than this. Despite the denunciatior
of every man, by the Tribune, as %.
scoundreF' who favors the payment of tn
five-twenty bonds in anything but gold
despite the pcrtinacious outcry of til
republican press generally, that the demo.
cratic doctrine is ''open reputation
which proposes to pay such bonds as dir,
ected by the acts of Congress relating to.
them despite the reiterated assertion of
republican journalists and politicians that
the equiyocal latghage of the Chicago res
olutlon means the payment of the public
Indebtedness in gold, Senator Sherman has
boldly taken the opposite ground. In his
late address in Ohio he said that son full
consideration, he had come to the conclu-
sion that the five-twenty bonds are legally.
payable in greenbacks I" As he is one Of
the distinguished leaders of the republican
party, as he is chairman of the Committee
on Finance in the United States Senate,
and as his ability and information on that
particular subject are unqucstionable, his
confession startles his political friends
beyond expression. According to the
Tribune, he is "a scoundrcl - but even
the Tribune dare not abuse him. Accord
ing to the other lights of his party, he i,
'repudiator' and "spits upon the plat
FORM made at Chicago and is opposed to-
a distinct republican principle but they
revile man in his position in tho party.
lie has placed them in an awkward dilem-
ma, therefore, and one from which they
cannot extricats themselves without eating
their own solemn declarations. Nothing
is left them but profound silence on the
subject-a silence rendered the more pain
full by the taunts and quotations Of their
correspondingly elated opponents.
The truth is, both parties mean exactly
the same thing in their platform resolp-
tions relative to the payment of the public
debt. They both mean that the fve-
twenty bonds were payable in green backs!
if, at the time, we had not resumed speciG
payments. But, as this principle is not so
popular here as in the west, the republ.c can
journalists and politicians in this dir;,ion
endeavored, for polcy's sake, to ''ride two
horses at once' on the subject. They
endeavored to bestow on that plank IN
their platform two opposite signiticatiuns,
so as to suit both east and west Hence
they must inevitably contradict each in
opposite localities. Senator Sherman
however, is not the kind of man to utter
such deliberate opinion, even in the west,
without entertaining it. 1t was natural
for him to maintain the greenback theory
in a section Of the country so welded to it;
that republican opposition would transfer
every vote, en- mdsse, to the democrats.
AS politician, he could hardly fail to do
it; but, apart from merely partisan con-
siderations. Senator Sherman is really con-
vinced that this greenback theory, for pro-
claiming which the democrats have been
so bitterly denounced both here and
abroad as "repudiators," is correct and.
like the majority of his republican friends
in both Houses of Congress. he only
smiles at the oddity of those republicans
who deride it. This is the plain state of
the question. The democrats got hold of
the truth in the beginning and, unpopular
as it was at first, they maintained it and
took the consequences. After vitupera-
ting them without stint for maintaining
this truth, after holding them up to public
odium as dishonest "scoundrels," ETC., the
republican leaders are, one by one, adopt
ing this truth themselves and publicly
avowing, as Thadeus Stevens and Senator
Morton did and as Sherman does. their
faith in it. Truth is mighty and must
prevail" Hencc, on this point, the re.
publicans are gradually coming over to the
democratic platform but it is diverting to
witness the squirming and grimaces OF
those who, having gone to extremes in
denouncing the holders of the truth, can
not be persuaded to take the back track
with anything like decent equanimity.