The Lambertville record. [volume] (Lambertville, N.J.) 1872-1968, 1874-10-28
THE HIND TIMES.

The Democratic journals and speakers are
using the duh times as one OF their most dis
honest and effective political arguments
They charge the dullness that has prevailed
since the panic upon the Republican party
and promise boundless prosperity as q result
of the success of the Democratic party. They
know that this is all the sheerest bosh,
but it serves their purpose and this is all
they care for In a mastery speech in New
York on Monday evening, Mr.. Edwards Pierre
pont one of the ablest and fairest Republic
cans in the country, thus clearly and truthful
~ explained the cause and the remedy for
this stagnation in business:
So clear is it to those who have studied the
subject, with 10 desire but to learn the truth
SO certain is it that our decentralization, our
corruption, our extravaganza, and our present
depression, come chiefly of our false system
Of finance hat we have been impatient of the
slow enlightenment of the public mind but
events now fast demonstrate what reason and
the history of other nations had long since
proved. Have no fear, fellow-eitizens, that
the Republican party will not take the lead and
became unit on this question. Have no fear
of the result. Our people learn quickly
They know that we have abundant haryests,
unparalleled activity, and vast resources for
prosperity :; and yet somehow we are not pros
porous, and they ask why? They say to the
Inflationsts you told us that we wanted more
currency out West, and that was the trouble. :
You pass the Currency bill, giving us the right
to more currency, and we now find that we
had already too much, and that we are send
ing it back. You pointed us to the prosper
Gus times when the Government were issuing
paper during the war; and told us that we
should have the same times over il the cur
rency were increased. But we now see that
the conditions are wholly changed that then
the Government were purchasers OF every In
dustrial product, and paid for the same in
new issues of paper while now the Govern
ment cannot be purchasers toany considerable
extent, and can only pay i'll the taxes which
they have first collected from us we don't
find that new issues or the right to new issues
of paper money help us at all, button the con-
trary things are growing worse and worse.
My Countrymen-They will grow worse
and worse, until we return to sound princi-
pies and cease to insist that sham is reality,
and that false promises are as good as truth.
When this Government shall have returned
to an honest payment of its obligations in the
recognized standard of the world, prosperity,
sure and steadfast, will come. Taxes, ex-
penses, extravaganza will be less. With cred
it thus restored we can gradually begin and
steadily complete every unfinished railway
and useful enterprise now suspended. Labor
will grow in demand-business will revive,a and
the country start upon new career OF adj
vancementand grandeur. You thatare engaged
in unfinished enterprises take note: You will
never complete them until we return to pay
ments in cain. You will surely fail under our
system of irredcemable paper. You may
struggle and hope. but your struggles and
hopes will end in faintness and despair.