Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1868-07-16
THE GREENBACK 0uEsrIo \.

The sharpest among the leaders Of the
Radical party have discovered TIE popu-
larity Of she greenbaek question This
issue Of the Presidential campaign came.
up in the Senate on the 18Th inst, and a
lively debate ensued in which Senators
ranged themselves on one side or the
other The Radical Senators from the
West seemed divided, but those from the
East were unanimous for redeeming the
FIVE twenties in coin. Mr.. Morton con.
tended that by the express provisions Of
all the statutes on the subject EEe~twens
ties were payable in legal tenders; in
sisted that it was delusion to hold any
other idea up to the country, and proc
tested against the Republican party be-
ing commifae3 to any such dogma
as their payment in coin. Mr. Cole
sustained the views of Mr. Morton, for
which he was taken to task by his col
league, Mr. CONFESS, who insisted that
the honor Of the government was bound
up in their payment in coin. Mr. Came
ron deprecated any agitation of the sub
ject in advance of the Presidential elec-
ton but Mr. Morton replied that it
could not be kept over Mr. Howard
said he had voted for all the acts author.
Sang the Issue Of fye.twsaties, and had
DO doubts that they were payable in coin;
and Mr. Cameron said that any man who
would argue TO tho contrary was not
worthy az respect This brief abstract
OF the debate shows the division in the
Raaical ranks # H4
The key~nots of the campaign on this
question was sounded by the Republican
State Convention Of New York few DAYS
ago il ths adoption Of the fulIowing
resolution
Resolved, That the honor Of the Ameri
can people las dear 20 rs nov a. when We
Welcomed death and Sorr0w ia defense OF
the Uniun--demsnds the payment Of our
national obligations according to their
letter SRd spiFiL and THAI we regard aAy
6ttaaps 81 nspRdiafiRg these cUatnarts or
suudi49 tieiT pdgncnt H. 6ishouoring Us In
ihe eyes OF mankind, and CRIME against
ihS national honor only SURPASSED by the
CElEng OF treason itself go
This is regarded as Outspoken aud un-
mistakably in iayoFof the payment Of all
the sbonas Of the United States In oain |
The New York Tribune so interprets
the action of the Republican Convention
Of that stato. La It's ISSUE OF the llth |
inst that paper says a.arr ar COX
That plank Of the New York platform /
y hIch demands that the debts OF the nation
,hoHld be paid according 30 the letter and 1
pint - no Q0ixOtic excess OF honor.
Many uf the bends were issued when 90
,ther currency dhan gold existed All the
) se-tWenlies we're issued or aCihOri1ed be-
IRE il was dreamed that this clsmar for
paying them in deprecated currency would
,btain 10 dangerous proportions. Il was
lot stipulated in any &c authorizing these
oans prior 10 the tsn-f0rties tflAt lhry
honld be payable in geld First because
10 other medium Of p.Iyment WOuld have
omplied with their terms. They call for
be payment OF dollars, a1d dollar is
'laihly defined by the sgatuteS "a the United
tates as q coin Of certain weight and
neness. No act Of the Uaited States has
yer made q gTesnback dolkar, or any
hing more than q note promising 2 10 pay q
ollar. IL is declared lAWial m )ney,' and
legal tender in payment Of sdebis but