Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-06-09
MonrRN INpEpENpENcE.


floating by to build up its own impor-
lance and swell its arrogant pretenslons
to sagacity. The other day it was de-
lighted that the Ohio Democracyin State
Convention assembled, did not reiterate
the policy recommended prior to the last
Presidential election, by Mr.. Pendleton,
and echoed through the wide borders OF
the West, to pay the public debtin green
hacks except the limited portion so pro-
yided for, to be paid in gold. 1t con-
tinues to manifest its delight, and insists
tina. the Avalanche had Taught months
ago what other papers are only arriv-
ing at, now; and instances the admission
that il was unnecessary to attempt to re-
yiye defunct issue" by the Ohio De-
mocracy. The Avalanche is far from
being correct in attributing the prefer
mission of the policy advocated by Mr.,
Pendleton, to "the cotton crop OF the
South that killed that issue" Every
politician, who knows anything, is
fully aware that this is saddling the
wrong horse, and that the Avalanche
Jumps to conclusion to suit itself
and unwarranted by the fact. we
pointed out in former article that
the large cotton crop and the
demand for it had influenced the fall in
specie, and that it was the bondholders
policy prevailing that had rendered
further contest at this time to pay the
National debt in greenbacks unayailing.
Because it is not thought necessary to
multiply issues that might only confuse
the popular mind, and though palpably
polite, even if successfully carried could
not be rendered available against the
formidable majority in Congress deter
mined on an opposite policy, the Ava
Ianche congratulates itself that it in
wolves :" the explosion of a principle.
Not so. Nothing could be more fair and
Just than the application of greenbacks
to the extinction of the public debt, but
the Radical majority, with the assistance
of the bondholders, viii not have it 80,
and they control the whole matter The
Ohio Democracy find enough in oppos
other aud more pressing issues raised BY
the conduct of the Radicals themselves,
with which to construct their platform,
and have in plain and forcible language
presented them to the people, with every
prospect of triumph at the ballot-box.
But the Avalanche asks why don't they
throw overheard dead politicians q
Perhaps it is in this direction the eat
jumps. If the men who are conversant
with public affairs, who have established
regulations for ability, integrity and
patriotism are to be thrown overheard,
there may be an opening, by coalition
with certain elements that embrace no
principles save loaves and fishes, for
those who are independent " of every
thing else. When the so-called great
National Union Convention, claiming TO
have representatives from every State
and Territory, assembled TO establish
new party and throw overheard old
parties and politicians, and issued
grandiloquent address, said to have been
prepared by the late Henry J. Raymond,
they accomplished exactly the feat Of
Che French King who
with twenty thousand men,,
Marched up the hill and then marched down
again.
Because the Democracy Of New York
nominated Democrat and We're unwil-
ling to lhros overheard their time
honored organization, the Radicals and
time-seryers skunk back 10 the Radical
camp, assisting the organization which
they pretended to wish to overthrow,
They we're in pursuit Of the spoils, and
such may generally be set down as the
aim of independents " and new-party
men. How does New York stand to-
day7 Her Democracy are impregnable.
She sets n noble example to her sister
States, which, if persistently followed,
will ere long restore to this Radical
ridden country the blessings of good gov
eminent