Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1868-08-27


GOLD closed in New York yesterday at
1445S. bus aWe1
One Currency.
TheDeInocracy,with5 5parrot-like perth
nacity, are incessqntly asserting that they
are in favor of one currency for the bond
holder and the people. Now If there was
anybody in the United States opposed to
having one currency. or q currency OF uni.
form,yalue for all Glasses and conditions OF
men, there might be some sense in the end
less repetitions of this stock phrase.-Jour-
nal.
Thatis eool ,deeidsday $50. care not the
GRANT leaders opposed to having one cur
rency, or currency of uniform value for
all glasses and conditions of men ~ That
they are, is susceptible Of proof e = 60 'ala
The Banker, or Government Contractor,
previous to the passage of the legal tender
act bought farm on three years credit for
$4,000 to be paid in Gold, when all con-
tracts were payable r In coin, as the
then only legal tender. The $4,000 in Gold.
which the, Banker or Contractor was to
pay for the farm, he sold, when gold rang
ed at three dollars in Greenbacks to one in
coiqaand thus he realized thirty thousand
dollars for his ten thousand in Gold. Be-
cause Greenbacks were a legal tender,
he paid the ten thousand purchase money
In that currency, which left him twenty
thousand dollars to speculate This
twenty thousand dollars he invested in
bonds paying dollar for dollar, on which he
drew as interest 81, $50 zach year The
bonus are now payable, and he urges that
he be paid the principal in gold. which
would add six thousand dollars to his
already oyergrown fortune !. ,.,;.r.,,.,.
Thus, when the bonds are paid In gold,
he would. for his original $4,000 in gold,
have a farm worth $4,000, and with it
$4,000. besides the three. years. interest,
which comes to $43SO-making a total of
forty thousand three hundred and eighty
dollars in property and in money for his
$4,000 in gold originally invested.
Now are not the GRANT men. as a body,
in favor of this gross injustices sss
The soldiers, the pensioners, the farm
ers, the laborers, are all paid in green
backs; It is the only lawful currency. and
no debt in our Courts, no matter what it Is
payable ia. canebe lawfully collected in
any thing else. Are not the GRANT men
as party, in favor of this kind of pay
msnt to the laborer, the farmer, the me-
chanic, the soldier and the pensioner?-
And are they not in favor of paying the
bondbolder in gold? These questions must
be answered in the affirmative. Then it
ell oIo II fl,or inhf foil
day, that the GRANT men are opposed to
having one currency for all classes and
conditions of men," And yet che Journal
denies it.
The Democracy, if we are to have greens
backs to pay the larmer for his wheat, the
mechanic for his labor, the sseldier for his
services, the crippled veteran for his PEN
sion. are in favor of paying the bondholder
in the same, and in nothing elsef
Tie Ninth Congre sslonal District.
There was Democratic Convention yes
terday at Crestline, called by those who are
dissatisfied with the nomination of Mr..
NOBLE, -Four counties were represented.
A conmittee was appointed to wait upon
Mr.. NOBLE, who was at Crestline, to as
certain whether he would not withdraw.
MrsNoBLE replied by letter, suggesting the
calling OF another Convention, saying that
If the Democracy by whom he was nomi-
mated would excuse him, he would with
draw from the canvass. Thereupon the
Convention put Judge RoBERT LEE, OF
Crawford, in nomination for Congress.
We think that matters are now taking
such shape that the Democrats of the 9th
District will soon present a united front
against General GIBSON, who has been
boasting that he would leisurely walk over
the District into Congress. y n ii