Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1869-10-16
THE NORTHERN ELECTIONS.

THE NORTHERN ELECTIONS.
The elections in Ohio, Pennsylvania
Nebraska and Iowa have oil iranspired
within the last few days The fields were
obstinately fought for by the Democrats
and as persistently defended by the Re
publicans. Our information so far is
that the Republican ticket has been car.
ried by small msjorities in Ohio and
Pennsylvania, and largely in Iowa and
Nebraska. tits, however, shown that the
Democrats have made large gains over
former elections in each of the States
save, perhaps, Iowa.
The returns so far exhibit the fact that
10 Ohio the Legislature is almost equally
balanced. The members of the Senate
are nineteen Democrats and eighteen
Republicans, while the House stands
81 Democrats and 81 Republicans. The
vote for Governor cannot be ex-
actly ascertained, it being so close. But
the Republicans may well tremble on
the final count. The Legislature is
certain to defeat the Fifteenth Amend
meut, as in the Republican majority OF
threa there are some who call them
selves reform Republicans, that can
not be induced to ratify the obnoxious
negro measure in the Constitution. II
Gov. Haysis elected again it will be by the
skin fhis teeth, and will have no reason to
congratulate himself upon great victory
over his opponent. 1t is certainly dis
grace to the people of Ohio that they
should elect such man as Hayes over so
pure and great man rs Mr.. Peudleton,
who is one cf the first statesmen OF
America. But in Democratic countries
we mast not look for anything more or
less, for the representative must beof the
color and hue OF those who would
elect him. To show how far the people
have gone to redeem themselves from
Black Republican domination, we have
only to compare the vote of the State for
Grant, which was majority of 4l,42S,
nth tie desk..f!al geie fer Hayes at the
last election. The figures certainly
prove something, and are significant.
While the people of Ohio did elect
President Grant by A,42s majority,
they yet hesitate to adopt the policy OF
his administration, and that too after
only few months trial.
q The campaign ia Pennsylvania has
been fought with equal energy,
but the result. is not so doubtful
The probable majority Of the Republi'
can party is set doSn at about four thou
sand in that State, which majority was
gwen to Gen. John W. Gesry over Asa
Packer, nominated by the Democrats
10 Pennsylvania Grants majority over
Seymour was % sos, which, compared tc
the majority of the Republicans in the
last election, shows falling off for this
party that 10 itself portends future
dissolution. The Legislature in Penn
sylvsnis is largely Republican. In lowe
Grants majority was $3.50, while the
Republican candidate for Governor, Mr.
Samuel S. Merrill, is supposed to bt
d. elected by 10000 majority.
There was no means spared by the
moneyed sristocracy Of the North tc
carry the elections 10 favor of the Repub
licAn party, who are the advocates of thu
present policy Of paying the bonds of TIT
United States in gold or its equivalent
Upon the issue hung the fate Of half o
the fortunes Of the Northern politicians
for, should the Democratic theor,
prevail - Of paying the bonded deb
ia The lawful currency of the couu
Try il would at once depreciste TIL
price of United States bonds, the inieres
ofwhich is paid by thehardioiling masse
Of cur population, who do not derive on
dollars worth Of benefit from being thu
taxed. The Enancial policy of the Re
publican party-bOsed, as it is, upen th
whole property Of the people of this Gov
ernment-must, if carried out, prove i
years 10 come suocess-providing ID
debt is not enlarged by home or foreig
complications. But the dishonest blacl
mailing by these boudholders is perhsI
the most ubiquitous piece Of financierin
that was ever imposed upon an
people. They claim gold as int
est on bonds for which they pa
greenbscks to the Government at the ra
Of two dollars 10 currency for onein gol
The success Of the scheme will result
taking the money Of the people and gi
ing it to few bloatsd bondholdsrs wi
specuIated on the necessities Of the Go
eminent during the war. II greenbacl
are made good by an act Of Congress
pay ali ordinary contracts, they shoul
be made acceptable 70 the creditors I