The daily Argus. (Rock Island, Ill.) 1873-1877, 1874-04-25
THE RErRIBUr1oN OF 1NrLAT1os.

THE RETRIBUTIoN OF INITIATION.
The aim Of the inAationists is to import
roguery into the national finances. They
propose to make bad money worse, SO tnat
it will be easier and cheaper to pay debts.
Some of the Representatives OF the west
and South, holding that theirs is the debtor
section. advocate the imitation policy, las the
ready means of swindling their Eastern
creditors. The groundwork of imitation is
based on this idea.
But there is still another lying back OF
which is even worse. The imitation lead
ers are the advance guard, the outlying
bummers of reputation party which is
silently gathering in their rear. They not
only mean bad money for the people in
their daily transactions but they mean bad
money for the national bondhOlder.
Such being the evident purpose Of the
inAationists, it is no wonder the country is
dividing into parties on the question, We
are probably about to enter upon eof the
most signal epochs of our history. Events
point to protracted contest unspeakably
injurious to the business interests of the
entire country, The inaationists have
raised an issue between the probity and
the dishonesty Of the nation and they chal-
lenge decision. The question has there
fore to be discussed and meantime enter
prise and industry must lie on their oars
and await the eud
A prolonged stagnation in trade and bus
mess seems therefore 90 be inevitable.
How far prolonged, will depend upon the
character Of the decision for not till pub
lie justice and honesty reassert their reign,
is either peace or prosperity possible. A
temporary triumph of the inAationists and
repudiators can only be followed by fresh
and still more deeply embittered contest.
1t may be that the national future is TO be
darkened by series Of such, only second
in duration and acerbity to that upon the
slavery question.
We have said that the contest will prob
ably be exceedingly injurious. 1t must
necessarily be so, because it involves the
reputation of the country, the public credit,
the character OF the currency, the probity
of our people, and the general solvency.
No question of politics, or even of peace
and war, can be so tarreaching or touch
public aud private interests at so many anG
at such vital points as this question ofpres.
ent imitation and prospective reputation
Ii will reach the profoundest depths. and
will agitate the remotest districts. While
it progresses every interest must suffer anC
every man must wait; and when we rehec
that it it he decided adversely, that event
will be but the signal of its renewal with
undated zeal, we may form some faint
70 - tbn Ia, tss...A l,s
FROM the folly and madness of the iuha.
tOnists
An Irredeemable paper circulation ex
posed 70 The imminent danger of yearly
expansion by tickle aud ignorant Con
gressional majority, never will answer the
needs Of a progressive people like ours
We must have a solid basis for our indus
tries and enterprises to rest upon. We
should be less intelligent than Ashantees il
we did not perceive that the country must
have fixed standard of value, and good.
honest money with which to reward the
toll nf our laburing millions.
We have the protoundest faith that tn,
public conviction that these are indiSpen
sable u our sltuati IN and progress. will b,
clearly and overwhelmingly declared when
ever the declSl N shall be invoked W,
intend 10 labor IN this faith, and to NEE
the lnhatlonists at every turn with the de
mand of the labOring millions FOR good
honest money To pay them for their toll
for the dollar that shall bring dollar,
worth. And we begin by turning the at
tentlon OF the undergrad artisan, workman
farmer, pensiOner, and producer Of every
kind, 10 the inferior money in which they
are now paid, and which the inhatinnist.
propose to make still worse by the unre
strained use of the Government printing
press. What the laborer, and producer
and workman of every class and degree
most need, is to be paid in good money
When they earn Il dollar they are entitled
to be paid dollar Let the men who are
striking for NOR. pay. change their tactics
and strike for better money, and they will
enlist the sympathies of every honest man,
and be more likely to attain their object
Those who are interested in having good
money paid to them for their labor,
whether as farmers or daily laborcrs are
numerous enough to turn every inhator
out of his seat in Congress in every Con
gress District of the United States; and
when the battle becomes hot enough, they
will do it.
Let not the inAationists then like our
Mr.. John Il. Hawley) lay the fattering
JUNCTION to their souls that they are going
to have an easy time in demagoging them
selves into place and power on this sub
ject 1t has bearings and relations they
have never dreamed of, and it will land
some Of them high and dry before they
know it. They will be taught by their
constituents in lessons not easily forgotten,
aud sooner than they think, that the yir,
tues they ascribe to irredeemable paper
money are but the fctions Of an idoitic
fancy, long ago born and long ago exploded.
The willy politics of the tergiversating
Morton, the ruffianly and uneducated
Logan, and the cunning congenital deprav-
lty oil Butter, may, in the great coming
DAY OF reckoning, prove unavailing to save
even these unscrupulous chiefs of the inf
ton and repudiating policy.