The Fairfield herald. [volume] (Winnsboro, S.C.) 1849-1876, 1869-10-27
Paper-mcney Democracy.

Paper-mcney Democracy.
The theory that papef money is good
enough for the bloated hondholders was
first propoundcd in moment of spite
by that great republican leader Of the
House, Hon. Thad. Stevens, Of Penn
sylvana. II was also taken up and
advocated, earnestly for while, by
that distinguished republican Senator,
Hon. John Sherman, Of Ohio. In the
belief that it was likely to become popu.
lar, the democrats of the West, aud es.
pccially in the two States we l.ave
named, seized upon the new doctrine
and Incorporated in their political creed.
Wo have warned them against such use
of this Infamous proposition. We show
ed that it i1volves all that ia demoraliz
ing and dishonest in the management
of the ti,nal finances. It repeats,
confirms and extends the greatest errors
made by tho Republican party in pro-
wlding ways and means for the great
struggle.
The better class OF the Republicans
never followed the lead of the represeu-
tativc men who originated and advocat-
ed this plan OF national repudiation.-
The same is true of the Democrats as a
party, their best men insisting that issu-
ing one promise for another can never
be regarded as an honest payment of
debt. But some of the leaders in Ohio
and Pennsylvania thought to profit by
the dodge, and now they may see what
has come of it. Instead of the over
~helmlng triumph they expected, they
have gathered no new adherents, and
have achieved no substantial victory,
although the general apathy Of their
opponents gave them all the advantage
hnd ;iley understood how to avail them.
selves of it. In this State tho Democ-
racy, while. as we believe, really hold
ing with their best men that only actual
money could satisfy All honest debt,
were led to trimming and evasion in
their late platform, les. they might injure
the party IN other States where the pa
per money scheme was supposed to DO
popular. They, too, may learn lesson
from the election returns now before
them. There 10 no real, permanent gain
to any pe,son or PARTY in the use or ad.
vocacy Of falsehood.
It Is undoubtedly true, also, that the
Democrats in the two great States
where the controversy was sharp dis
played want Of practical common
sense in clinging to old watchwords hav.
ing no present significance, and in at
tempting to renew as living issues some
of those questions " h,ch have been def
nitely settled by the recent civil conflict.
II is worse than useless, it is positive
madness, for any political party or fac.
tion to ignore the progress Of events,
even though the facts may upset their
pet theories. The Pendletonian style OF
Democracy has had its day, and every
body who clings to j, will soon be buried
in the grave Of the dead past, beyond
ell hope Of renewed vitality in our gene.
ration.-Journal ef Commerce, (Dens.)
GEN THOMAS ON NALAsKA.--After a
thorough inspection of Alaska, General
George FL. Thomas, man OF careful
inquiry and sound Judgment, pronoun.
cea substantially that great purchase "a
SELL He does not agree with Mr.. Seward
nt all. What if the American eagle
scars in tho skies of Alaska and The
'bumming bird does not disdain to fldt.
ter there" General Thomas still tl,inks
the territory ''good for NIX They
have plenty of timber and coal up .hore;
but we havs plenty of these articles
nearer homo. For farming Alaska is Of
no earthly account. Grain cannot bo
raised there, and the few vegetables
that can be, II you attempt to keep
them, viii be found rotten e, the end Of
few weeks They have too much
rain and too little sun id those polar Re.
glona for farming or ggrdening or stock
raising, and the estthing the govern.
ment can do for Alaska ia 10 cut down
the expenses Of governing ii 10 a very
small military establishment. Such Is
the opinion Of General Thomas, and Il
shakes our faith very seriously in the
roae.colored description of5the enrapa.
tnred cage Of Auburn. In fact, we be-
lieve that the practical old soldier 10 a
better judge Of Alaska ihan the en.ha.
siastio old politician; but still we must
net forget the Goldfish and salmon. ~
Y Herald,