Bozeman avant courier. [volume] (Bozeman, Mont.) 1872-1882, 1874-12-18

the late elections has resulted more fro
its financial policy and the stringent
produced by contraction than from q
other causes put together. The part
, had been repeatedly sustained in all i
policy and practices by the vote Of tt
people; but at the last election they vote
for change of rulers in hope of findin
relief from the general financial stringenc,
The Civil Rights Bill, the salary gral
the third term, &C., were unpopular in IL
calities and weakened or defeated ind
viduals, but were only make weights !
the general contest, and were not eve
primary causes Of the general politiea
reversal that was expressed by the vote 0
the people at the Mover DER elections
Hard times" oppressed the people an
the changes that reversed majoritics il
the late elections, were mainly directed ii
search Of relief. They had looked to tn
party in power for this relief, with un,
faultcring confidence unit. the veto of til,
currency bill destroyed all hopes from tina
source, when they turned to the oppositio,
and voted them INTO power and place, fol
the narpcsc and III the hope Of, thus find
! Ing that relief Will this relief be afford
ed by further contraction of the cur
rency and thereby further reduction OF
the debt paying power Of property and
commodities; or by coming to specie pay.
ment. which can only be done by further
decrease of the present volume Of cur
rency? Can the relief sought and de>
manded by nine tcnths Of the American
people lie had by any other means except
BY an increase Of the circulation to the
amount Of three or four hundred millions
above lis present Volume? Why not let
fes<a ,Of.< 0Snr he l. - .,f
volume of legal tender notes be increased
instead to ten or twelve hundred millions
OF dollars. that bears no interest, and then
rs the finances Of the country straighten
up under this relief, commence system
Of slow, but gradual and constant con-
traction of, say one million week, until
in three or four years specie payment ma.
be reached without running half the prop
cry owners Of the country and reducing
the whole !abcrlng population to slavish
poverty?
The city press, generally, on account Of
the position and circumstances Of its own
ers and Of its peculiar Surroundings and
represents the wealthy and
mJnied classes and debt holders, and not
The great producing and deb! paying
masses. This class Of the city press, ana
The Weaithy minority they represent, gen.
orally govern the financial policy Of the
government. They created the great iu~
lltion, they caused the creating of the
great debt, they then caused the great cons
raction and consequently the great panic,
larl times, distress and bankruptcy, and
inally caused Mr.. Grant to veto the relief
Ill, thus exploding his third term, and
cayiHg the people in despair They do
bout everything Of public nature, ex-
cpt Occasionally to do all the voting. BY |
his, their career IS occasionally checked |
y the people. BY vote the people have
ust checked the Republican party, ald |
heck mated Mr. Grant, yet a portion Of
he Democratic press and leaders are a'>
coating as Democratic the very policy
nat has just brought so sudden check
} the career of the Republican party.
Democracy must represent the masses
r it has no useful mission to fulfil. The
reducing masses have been buriencl BY
~ policy of the government with an i'm
lense debt, public and private, and de-
and such a financial policy as Will enable
ZEN to pay that debt The party in
over has failed to adnpt such a D ,i;cy.
I'd the people have turned from il to the
'position, but portion Of The opposition
oppose with unreasonable has e, to ad )pt
e very same policy. with all It's asgra
ling textures greatly intensified If per.
sted in, this result Will inevitably follow:
:n. Grant will be got rii Of or !hrus,
iDiican party, snch as M5rton, Login,
srpenter and company. VII! rcorganlze
cir partyon relief currency basis, when
G oppressed debtor and producing class .
III turn back to them and Remand the
veraEent 10 the keeping of the Rrpub-
an party in 1876, with the same decided ,
sjor:ics tha, have been cast agains, 1t.
Permit me, in conclusion, to say that in !
article in the daily Times OF November :
under the heading of "Hard Money" !,
!. read the death warrant of the Demos :
stic party a. the next genera! election. .
ouli that article come to Ee generally
dorsed by the Democratic party leaders.
it you say, 1.-THE Democratic party has !,
Ways been specie basis and specie pay :
; purity" This was true at all times |,
len such position was consistent with
sting conditions. But the Democracy
ways created banks and paper money
len debt and general exigencies Of the il
lntry demanded it. Benton and Jacks y
] t.n5h. this doctrine forty years ago I
en- the country was out of debt and the .
TIED States banks had become an op l
ssiye monopoly that, like the National +
,ks, had ceased to be useful. 1t was G
Gle paying party when it had the specie I.
pay with, and not as now, haying an =
nense debt 10 pay, created on scale st
immense paper money initiation and Q
ring no specie to pay with, or values of q
I kind to bring the specie. O
gain: 1.-The sooner the Democracy of d.
several States throw away all their B
d. Utopian ideas about greenback pa nj
money, the better" OF
Veil, throw away he wild Uaopian te
t that has been created by the wild and IT,
'pian issue Of greenback paper money, Of
We will. We must have the same g
,pian money with which to pay the =
i. that caused Or created the debt, if
pay it all.
The people want none Of i. 30 long as
!cthing better is possible
[istaken again. The people do want it
'ay this debt with, and because nothing
er is possible for that purpose Let
grcenback paper money and debt of n
country 60 out together but SO long III
ne greenback inflated debt exists let
,nback paper money exist in propor>
g corresponding with the volume of
ucU. ~ Oe pau. 1Ou say Thai our
d shall be paid in full, dollar for dol.
with interest, according to contract. :,
we add-and in money corresponds o. ..
in value to the value received. ..Only p
aud nothing more," ~
HE Sacramento Union, if not soon dis cit
d Of at private sale, will be put up at =
ion and sold to the hig hest bidder.
Union has long plumed itself as an
journal, and has particularly
nguishcd itself of late years in ma.
lent and vindictive attacks upon the
.ral Pacific Railroad aud its manage X
!. In addition I, this, the Union. in
0l;tical course, has latterly been gov
Il by few rules of Onsistency-turning
Y from Republican fealty to Liberal
and laa since pxnerimnnfnd with Aho