Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1871-07-27
golhfat.
Nit. Chase and the Presidency.

The Louisville Ledger of the 18th has
leader on this topic. The Ledger is a
perpendicular Democrat of the old
school. 1t holds new departure to be
the most damnable and intolerable in
iquity. 1t looks with sadness upon the
Democratic tendency of the times, 70
get upon accommoda dating platforms and
make the rejected stones of the Repub-
licans the head of the corner in rebuild
ing the Democracy. 1t don't want the
satanic advice of sorehead Republicans,
neither does it want the sorehead Re
publicans themselves for its candidates.
It confesses with shame and sorrow
that the nomination of Mr.. Chase was
secretly desired by great many Demo
Gratis in 1868. "And they were re-
strained from urging Mr.. Chase's claims
with earnestness, because there would
necessarily be such an Inconsistency be-
tween his politics and the platform
which the Democracy must adopt un-
less they were willing to stultify them
selves"
They have stood it three years longer,
and are now ready to even stultify
themselves, openly and above board.
The Democratic party is sort of ''Nan
the Goodfornothing," and something
must be DONE"
The Ledger says-(and our Demo-
cratic friends who have been so sharp
after our track on the tariff resolution
will please note closely:)
The Democratic manipulators have
not studied to frame platform in 1872
which would be acceptable to the peo-
pie, and expressive of the time-honor-
ed principles of the Democracy, but
they have aimed rather to shape one
that would be suitable to Mr.. Chase,
and one on which he can stand without
inconsistency. The So-called new de-
parture movement Of 1871 IS nothing
more than a formulation" OF the
Chase movement OF 1868.
AS the new departure and the Chase
are identical in interest, it
may be interesting here in Ohio to note
exactly what they both signify. The
Ledger expresses itself very clearly on
this point:
We have said that Mr.. Chase's NOM
nation by the Democracy is sought by
capitalists and bondholders, and this,
we believe. Mr.. August Belmont, the
Chairman of the National Democratic
Executive committee, was the author
of the Chase movement in 1868, al
though he was discreet in his manage
ment of the affair. Mr.. Belmont, in his !
own person and as the agent of the |
Rothschilds, is more interested in Gov
ernment securities than any man in
America, and with him, as well as |
those similarly interested, the financial
views of an aspiraIlt to the Presidency
is of greater importance by far than his
views on any other subject. The green
back system and the bonded debt OF the |
grew up under the nurtur-
ing hand of Mr.. Chase while he was
Secretary of the Treasury, and when |
the fact is taken into consideration, how
capitalists have grown fat by the in
iquities of the system inaugurated by !
by him, it is not surprising that he
should be their first choice for the Pres
idency. The interest of Belmont is
largely with European bankers, and he |
and many others who occupy high |
places in the Democratic party, have |
not thought in politics beyond devils
ing some fresh means of putting in
their pockets still larger sums of the |
money wrung from the people by tax
alton, in the shape of interest on bonds.
Mr.. Chase is an especial favorite with |
all that class of men, and they are ma
king an insidious effort to palm him off |
on the Democracy as their candidate in
1872. This is what a great deal of the
new departure means; it is a Chase
and in the National Con-
vention the disguise will be thrown off.