The Ebensburg Alleghanian. [volume] (Ebensburg, Pa.) 1865-1871, 1868-09-24
The Democratic pIatrorm.
Resolution Fifth of the Democratic pla

Resolution Fifth of the Democratic plat |
form reads: zone currency for the gov
ernment and the people, the laborer and |
the Office holder, the pensioner and the |
soldier, the producer and the bondholder :"
Such is the boasted -bondholders'
resolution of the Democratic platform
Explicitness, as compared with the Re
publican platform on the same subject, is
frequently spoken Of as one of its chiefest
virtues. But it is not explicit in point of
fact, nor as free from ambiguity as the
Republican resolution The latter declares
for 'Egood faith" according to ''the letter
and spirit of the law" leaving only to be
determined what constitutes good faith
But the Democratic resolution declares for
tone currency" is all. So far as the
| resolution is concerned, that currency may
be National bank notes, greenbacks, the
old State notes at from one to five per
cent. discount, copper, silver, or gold
Either of these currencies will satisfy any
| ~v.-1o---e:- tI-t - = - ''-O i07o=
| luton It is true that the construction
put on it by nearly all the Democratic
orators is that fayoring greenbacks. So,
too, it is understood by the Democratic
masses. Bat the resolution itself does not
SO declare, Horatio Seymour, August
Belmont, the millionaire, Democratic,
"bloated," bondholder, nor any other OF
the anti-greenback Democrats, has ever
by any word written or spoken, signifed
that he construed the resolution to mean
one currency, and that greenbacks. Sc
that the resolution, standing on its merits
is complete specimen of double dealing
a piece of writing that by meaning any
thing means nothing.
We shall, however, now deal with it a
it is understood by the masses, and in s.
doing shall judge the Democratic party b.
itself
. The effect of the resolution as popularl
# explained is that greenbacks shall be tn
q only currency of the country for the tran:
: action of trade and the payment of govern
: ment bonds, except where those bonds ez
4
: pressly stipulate for payment in gold
Against the resolution so construed, "
offer the following propositions
1. The uniform teachings of the Dem
If cratic party until within about two yea
r have been that the country should have
re hard money G.. e. gold or silver) currency,
OF if paper is used, each dollar of it shou
1t, represent dollar Of hard money, ev
rs ready to take the place of the paper.
IN 2. 1t has always held that the Nation
ar Government had no authority to contI
es the banking of the country, or to iss
4 paper money.
ny 3. 1t has always held (and Jude
:, Sharswood and Woodward have decide
ed that the government could not make paI
all money legal tender, and that the le:
:" tender act is unconstitutional.
" From all these positions, that party
lie practically receded within about two yea
nc Now, why have they done SO .?
o0 We answer:
|" l. Either because they have beco
ho- convinced they have been hitherto wro
Try and wish honestly and nanfully to repe
", or,
leu 2 Because they are willing to perpe
pei ate what they have always asserted to
- violations of the National constitution,
haU to commit fresh violations to enhance Il
i' own party purposes.
o. Can these conclusions be avoided =!
ier, not, ought the Democratic party, IN cit
ooo case, to be placed in power
lrm
81 a. P,oJ oo11