Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1868-08-14
'' Something that Chinks."

THE paper mill and printing press
otherwise the greenback- plank in the
Tammany Platform,-is sadly demoraliz-
ing the Democracy. 1t is no longer the
bond of unity, but the apple of discOrd.
1t has begun to be found out that the peo-
pie have some sense, and are able to un-
derstand that the reason that greenbacks
are not worth rs much as gold is because
there are too many of them; that when
the paper mill and printing press are put
in motion manufacturing greenbacks,
for any purpose, the value of the whole
will be lessenel, so that you have only to
pursue the process to destroy their value
ltOgether-which will be an effective way
to rcpudiate the debt into which it is pro-
posed to convert the greenbacks. The de-
moralizaion on this subject has already
made such headway as to defy the skill of
the doctors Of the party. For instance
Thursday evening last, in Brooklyn, was
q Seymour and Blair ratification meeting,
which, according to the W0TId, was a
triumphant affair. The principal speak
er was Hon. S. S. Cox, formerly of Ohio,
a personal as well as political friend OF
Mr.. Pendleton, and prospective candidate
for Congress in the District where he re-
sides in New York city. About =" the
finances" he had little to say, but that little
was emphatic and significant, the following
being the choicest part;
But it (the debO should be paid. 1t
should be paid by an extension over a
fair period of time, according to the
letter and spirit of the laws under which
il was contracted" IwOuld las the Demo
cratic platform says pay it in "lawful
money! Lawful money, TO Democratic
- La. 4
as that part Of the debt about which
there is much useless logomachy in
Congress, and such lucid equivocation in
both platforms, is not likely to mature for
some time-I would not anticipate. Ger
tainly for its payment as for other reason
I i00IHd ne0sr Issue another dollar df IRE
deemqJLe, deJauchiHg, elastic greenJaek cur
Teacg. Moving on toward gold and silver
as the standard of all values, and in the
interest of labor and commerce, we should
do as Horatio Seymour proposed in his
speech of the 11th of March last, ODE
mand a policy of peace, order and
| economy, and by gaining that, lift up the
National credit Help the tax payer, and
do Justice TO the bondhOlder, and thus
make our currency as good as sterling
coin"
A fairer or squarer backing out from
the greenback idea with which the party
started out with a flourish, there certainly
could not well be. Mr.. Cox is not a re
pudiationist, evidently, for he says distinct
1 ly that he ieOtid ne0er issue aRothel
dollar Of iTTodeemGRs, deJduehiag, Elastic
greenJack curTsHey"-a position in the
very teeth Of that taken by Mr.. Pendle
| ton only week before, IN favor Of al
( immediate issue of $500,000,000 NOR,
greenbacks. He would pay in nothing
/ that is worth less than STERLING coin,
and Mr.. Seymour is quoted To suppOr
1 the proposition. Is Mr. Seymour then OF
! the side of the "bloated bondholders 2
! Isit after all the Democratic doctrine L
pay in gold" something that chinks 2
10 this position the party is evidently
coming At any rate stampede ahC
decentralization have already commenced
I i-PtUNJIFgh C0lgDleTciQk, 27M