National Republican. (Washington City (D.C.)) 1872-1888, 1874-06-11
FOrTDTWG NAV PIPTTFs

1t is useless to deny or attempt to conceal
the fact that just now respectable num-
zber of Republicans in Congress would like,
if they only had the courage to do so, to
form what is called "a new party" making
the financial question the pivotal point of
the platform. Honestly enough, We are
willing to concede, large number Of gen.
tlemen believe that this wild Western cry
to set the Treasury presses at work and
stamp out a few thousand tons of printed
paper which they are pleased to call
'tmoney" would relieve the commercial
necessities of the country, restore conf
dence, SGT trade and commerce in motion,
and bring about era of financial pros
perity 1t cannot be denied that a large
number of ths-peupIe, especially in the
West, are OF the same idea, and, believing So
are naturally indignant that the President
should have vetoed the financial bill passed
some weeks ago, and practically, in the
memorandum which has now become IA
nous, announced his intention to treat in
the same way any similar measure which
may be presented to him. If this were not
the Congressional year, if members were
not compelled to return to their constitu-
encies and give an account Of their stew
ardship, the probabilities are that HE de:
feat of infatio2 would BE- allowed to pas:
without n2to 5r comment and that matters
zwSSla r~e permitted to woTS themselves out
VI their own way and find their own soiu
ton. That they are not only goes to show
that the present agitation and unrest j:
solely question of expediency, yielding
to an ignorant, stupid, unreasoning de
mand, which, if granted by those who hav'
the power to grant it, would, in the no
distant future, be productive of the mos;
disastrous consequences and involve al
concerned in it in universal ruin and in
fanny.
To found an imitation party, to attempt Il
build up On organization, political or other
wise, upon the foundation of paper credit,
would be one of the widest and rashes
sO---nes ever entered upon by sane men
1t would u defiance of all history and o
all precedent. 10 u zI,re. there is some
thing dazzling in the idea. WSsre told, &
glowing sentences, that we are aoeopl
who have outgrown the efete despotis.,
of Europe, who have civilization and
development peculiarly our own, who ar
reversing all the traditions of the older ms
tiens of the world, who are law unto oul
selves, whose homes are in the setting sur
The cross-road orators point to our mai
velous career as nation, and ask if ther
was anything like unto 1t. In many N
spects there is not; but in many others,
the solid and material questions of the da
and of the century, there are. The Who'll
world Is, after all, bound and held togethe
by certain general laws which are as strDn
and as true to-day as they were in the YER
beginning Of civilization. They cannot
defed; they cannot be changed withou
bringing to US, as they brought to other ma
tons the very identical results which cam
to them. The cry now is, that we wan
Cheap money" and plenty of 1t. Franc
thought so at one time, and the 'fnel
\ who had control of her destihie
S;elded, and gave the French people tn
Gss's,rts Money became so cheap i
FEan0s -'spty, thst j was qsei q we