Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1868-06-12
Undergraduates

tIeaSAGa&
We fad the following misrepreseniA'i'n
of political 'opponent Y the Oine'"nan
Gastets of Sa,ardsv
and Mr.. Psndle,on now represents ths
puhlic vice Of an unlimited issue OF IT.
,.acem.hls LEGAL tender paper mency, IN
,he &C. 81 HI. opposition TO the issue OF the
,.ax.,,meutiegsl tender notes when 1t was
,..,ncd n necessary resource OF the war
.-.ipst rebellion. AMI q his strong dsnun-
r,,,ioas 81 the ilisgality Of such tn issue,
and ofths vices which Il would intredoce.
n. represents also the public vice Of dis
IGNORING the faith Of tho nation by dsbas-
inr tie money for the payment Of its obi
CATIONS, whereby It's promises become
i.ise pretense, and its contacts have no
binding effects"
Now il is well known to every one who
has taken the pains to be informed that
Mr. Pen lston does not advocate AN nn-
limited issas OF irredcemable legal tender
paper iaan-y" nor does lac propose to dis
honor ths faith oftbe nation by debssing
tie money f,r the paymen, Ct its obligs-
tons. The n. Y. san, edited by Mr..
naua, Assistant Secretary Of War, under
Nj. Lincoln, in recen. number Of that
paper thu. refers TO the charge that Pen
ilhoa favors population
"Mr. rcndeton has never advocated re-
pldianon, nor anything which could be
o,n,irnsd as rapudiation and he ought
not 10 DO held responsible for the extreme
views of fricndA Of his over whom ne has
no control"
RSuch is the fact--pla in and undesirable.
Neither directly nor indirectly has be ever
advocsted rspudiatiou. lie is squarely in
favor Of honorably aud jnstly meeting the
national obligations. In his speeches du-
ring the canvass in Ohio last year, he not
only took decided ground::in favor Of pay
Ing the national debt, bnt demonstrated
how /, could be cancelled within q few
years without adding dollar 10 the, amount
ofcurrency then In circulation, or incrsas-
ing the taxes then levied farthing.
II IL ,ruo when member of Congress in
1862. he took the position that the issues
Of Gorernment legal tender notes would be
unconstitutional. aud that such = debase-
meat u tho currency would be an infringe.
men. Of tho existing laws
II it well known that such was the re-
suit as far a. contracts were concerned and
many OF the ablcst Republican members
Of Congress agreed with him upon the un
esns,itutionslty Of the measure. The lat
ter question has for some time been before
the United States Supreme Court for de
termination. but for some reason the deci
cision has been procfastinated. Was it no
n'public vice for Congress, to 80 debas'
the currency as 20 impair the obligation o
contracts,
We presume that radical papers will no
deny that Senn,or Collamcr was n soun'
Republican, nna AL MUS, admit is ahilit,
md integrity rs statesman. When til
bill auth ,i1ing the issue Of :. ). notes
wa. unacr consideration In the Senate II
February, ise2, Mr.. Col'amsr opposed [, a
nm unconstitutional and vicious measure
lie SAID
m. air, there DO betrayed on the part 0
Congress any tender iaotedness; any, tn
least indications that it does not regard con
tracts honestly made rs invio'able, Il vii
hAv, lost tic pnblic confidence and broker
the pubic faith"
These are as stroug words Ms ever Mr.
rcndleion uttered upon the subject. II va
tho cpiu,on OF Mr.. Colnncf that tho lega
tender notes would deteriorate until thel
become almost vnluclc.s Upon that pein
no said. after quoting ssms extracts in 70
rariso the depreciation Of what WAS knowI
a. he continental money:
From the extracts which have read,
dednee the concl lsion that such paper, pu
gut without provision for its paymon,, an,
unAcrssken Is 81 cocrred upon the com
mun.N q, tender clauses, always, and in al
co1ruiss hele eni elsewhere, no. only de
teriosatss, but think rrav safely say thai
paper pat out On such terms aud condition,
lA the history 81 tho world nsccr segs pail
RA: shall Hereafter erasavor TO show VIII,
u. etl probability It never will be-
III ic4'rd to the constitu,onality OF Ii,
measure he remarked, AFTER quoting tn
clause in the constitution which declare
tint no State should omit bills Of crcdi,
make ANYTHING but gold or silver coin ten
der IN pAymeat Of debts, or impair the OBJ
legation Of contracts, as follows
Il would ask any man locking at il il
that clear light Of history, TO say whether
he believes that n convention would get to
p.thcr in that state Of things and make
deliberate provision, in order to guart
sgsins, the consequences and corruption
waioh had followed such a course Of con
duct. that no Safe should thus debauch 1t.
people, but that Congress might debauct
tho whole nation whenever it pleased. Car
any man in his senses believe that AM thins
Of that kind was or could have been intend
sds lst that 10 the trush now, and that i
the power which, it 10 said, 10 forbidden 4
the States. aud may be ovsrawed by Con
grcss."
He also remarked in the Same spsscl
that compelling = creditor TO receive lsga
tender notes in contract for gold, VA
worse than absolute, direct robbery" i
such thing could be. His predictions hav,
been verified.
Mr.. Psndlcion vas behind Mr.. Collamc
IN this rsspect-yst, both told the truth
and no man can deny it. Mr.. Collamsr'
soundness has never been questioned
should MIR. Pendleton's be. Lat us hear.
a Center mhoi-Win Our West
crm 1segg mrs Z nd ersaand.
m the nnston rrsor.le~
A WESTERN VrEw.-One Of the s'broad
style Of Western men said, on his way HON
from Boston, that nothing had surprise,
him 30 much a. to see the New Englan,
farmers "borins holes IN the rocks viii
ginlets to put in their grain "Why on
wess," he added. I'VE put the grain on
table and fan it, and IL comes up al
around r'-[N. Y. Post
An EASTERN VIEw.-Nothing astoni.he,
IN Eastern man more than to find, tina
with all the grain on the Western tables
aud all the luxuriant crops which sprin,
NJ around them, yet il money Is wantc,
for any purpose at the West from III,
building OF railroad TO the erection OF
school nouse-an agent is at once dis
patched 70 tina gimlet-horiug neghbor
hood for the needed funds. Aud what i,