The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1870-03-19
RESUMPTION II, 81. Louis.


The good time, long howled for by those OPP
posed TO the proclamation OF President Lincoln,
calling for seventy-fve thousand men to protect
the national capitol and defend the nations hon.
or, dignity aud integrity against the assaults of
rebellious men in arms, opposed to the draft
opposed to lighting the South"-opposed to the
suppression Of the rebelon-opposed to the per-
petuation OF the American Union-has at last
arrived. We mean what they call specie pay
ment. During the dark days of the rebeilion's
history they howled day and night for payment
in gold and silver. They howled with many
sad lamentations and uttered many dark proph-
eces against the ''avorthleSs trash' issued by the
national banks founded by the federal govern
ment for the purpose of meeting the monetary
demands OF the nation, aud serving the CONNER
cial convenience of the people.
They howled about the good old days of gold
and silver to such an extent, that one might have
been led 10 believe that the Republic had passed
its golden age" and that we were living in a
time whose circumstances compelled US 'to take
arms against (what they considered) sea of
troubles, and, by opposing, end them"
They howled against the circulation of green
backs and vauntingly told us this money, which
they termed 'trash, would one day be value
less and bring terrible crash upon tue nation,
and many disasters upon trade-the commercial
and monetary interests of the country.
To their interests as we'll as to the interests OF
our forty millions of freemen-to their chagrin,
for the Notifying failure of their predictions,
and to the lasting credit of the natiou's ntegri-
ty, this (by them) warmly wished-for prophecy
has signally failed, and that failure securely fixed
by the resumption of specie payment, on the
10th instant, by the Merchants bank ofSt. Louis,
it having a circulation Of about $59, Gee 0Tay =
Those who boosted less than ten years age
that we should, at no distant day, paper our
houses with worthless government money, and
who would have risked any wager that green
back would never be again equal in value to gold
dslar, must soon prepare to depart "to thai
bourn whence no traveller returns" or expert
ence the discontinue, that they must, Of seeing
the arrival of that suspicious hour in American
history when its paper currency shall be as good
as gold. Does this not look as though, if VIZ
have had one 'golden age" another is about tc
return to us ?
1t is much better for our friends, who have
their backs to the future and their faces to thu
past, that their prophecy should fail than tina
the nations credit should. Yet, we lament t.
pen it, that there are those living under th'
"sars and stripes" who would rather have thu
nations credit fail, than see this wretched, un
patriotic, ardently wished-for prediction Of thu
nations enemies come TO naught
The channel between currency and gold il
now so narrow-whose width is becoming
beautifully less'-that the day is in the imme
date future when it shall disappear entirely
Is this Democratic victory? How we were
greeted, during the war and since, when VT
had lost battle or met with some military Of
political reverse or disaster, with the rise o.
gold How we were invited to look at, wha
they called 'the thermometer of the admins
tration or of the Republicans, the rise of gold
That was the crucial test TO which they subject
ed all our movements-by which they decided
all our victories-the scales in which they weigh
ed our every policy, and settled the importance
of every step taken by US in any matter Or il
any direction.
Has Mr. Boutwell's fnanciering success beer
the result of D emocratic advice, or is his ability
to defeat the deep laid schemes of gold specula
tors-vampires on commercial interests-a Dem
ocratic victory Do we now ever hear a refer
ence by Democrats to the price of gold as some
thing consoling to them p? Do they now speak o
it as a matter of discredit to the government, o.
TO the capacity Of her officials to discharge the
duties or to be equal to every and any emergen
cy of the hour or OF the situation?
Hard pan is the exclamation in the Mississip
pi Valley Shortly that exclamation wiz eros
the Aleganies and greet the commercial frater
nifty of the Atlantic slope. 1t will be waited
over the Sierras, and the sefregulating COVER
nor of trade will proclaim the golden news a
''the Golden Gate' where CALIFORNIA; metropoli:
sits so grandly upon the golden shores.
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