New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-08-18
DRIFT OF POLITICAL DISCUSSION.
THE LOUISIANA TROUBLES.
Prom The SDrfHOfSii RepuJIioan.


We have very little respect for Gov. War
month, and consider that he has done many improper
things since he has been Governor of Louisanathngs
calculated TO bring the Republican party that state
and in the country into dsrepute We do not blame the
people of the state for wishing to get rid OF him, and the
EcwOreans had the same rights any other citizens to
work against him in legitimate manner. But when
they went far to that party convention shOud
be held in the United States Custom House. and by
guard of United States troops prevented everybody from
entering who did not hold n ticket from the Post
master they grossly misnterpretcd their duties
United states officials and prosituted their power in
manner that must damn any party bcnehted by II III me
estimation of the people It i no exeuse to say that
Gov Warmoh Intended to take possession Of The Con
Marshal Packard only foied him with his weapons.
Packard etc, must realize what mistake they made,
as they WarmOh elevated by their iliudccd action
7? an importance he has never been ape 10 obtain Tor
far from respecting him before.
EwING's FINANCIAL SCHEME.
IRON TR> CIetelnnd Lsrd~r.
Ewing deserves the credit of having elabo-
rated and crstencd the widest and wckedeot financial
train Of Democratic traditions and puts the party upon
ground false to s history as II is absurd ana mis-
manenty outlaw specie currency and establish FIRE
decmabc paper circulating medium Colo Is 10 be re-
the same as corn or cotton. It is not even TO
constitute the basis for the common pa,por cur
rency. The Government is 10 be the only
banker It's notes are TO so convertible into nothing
better more negotiable than per cent BOND; ana
in anything better than tic same rredeemabie paper
money for which il was bought The circle ia complete
legal tender paper currency convertible AT par INTO pct
cent bonds which in exchangeablc at par for
legaltcnder paper money at any Time Al NE Denlo mo
cras, fools, will laugh at the absurd invention, ana
the shades Andrew Jackson and Tom Benton Shuddcr
az the financial "new departure" OF their DEGENERATE
and demented successors in the Democratic party.
EwING's GASEOUS CURRENCY.
From The dpany Erenia9 Journal
Reforming the old Democratic doctrine OF
the paymcnt Oh the debt in greeubacks the ONO Demo
cratic platform proposed the overthrow OF the Natonu
Bank system and the establishment OF permanent paper
currency without gold basis. This idea Gen. EWiag
Celebrates, and Illustrates and develops into What Is
both the most arant nonsense and the most dangerous
policy. He would have permanent currency possessing
no gold element and bearing relation 10 gold lie
would put out a thousand millions for the first install
ment He would cOnvertbity into three per cent
bonds only anchor and the only check upon lndetne
ne argue OF IL upon the ground mat
it would be stable currency and would reduce the rates
OF interest. 90,
gt mi. time OF day talk about stable currency without
any element OF stability in IT, III The experiences ana
lessons the past have not taught them that there can
he no stable currency unless il either Is value or repre-
senfs value they might well be dismissed TO their own
dark counses. Argument is wasted upon them The
fiction Of money which Gen; Ewing advocates WVulu
simply he giddy balloon without rope TO hoid or Dal-
last to steady it, But still prepOsterous Is ms no
ton that his scheme would reduce the rate OF
interest. Experience shows on the contrary that
fhe EXPANSION of money invariably produces
advancement in the rate IL so IN the imitation Wtn
preceded tho commissions of 81 aud 81 How can II he
stimulates speculaOn1 We refer TO these views. how
ever not to reutc Them but TO show what the Demo
cratic party s holds and what its triumph would lead
to- Gen. Ewng's proposition or something sifnlar 10 IL
expresses the prevailing sentiment among the DetnOc-
racy His principles though they may vary somewhat
in application the principles OF his party ana Their
of the debt but would involve the entire business OF the
country in untold disaster.