Fayette County herald. [volume] (Washington [Washington Court House], Fayette County, O. [Ohio]) 1860-1???, 1875-09-23
Platform and Currency.

The Democratic party have contin-
uallv misrepresented the policy of the
Republican party on the question of
finance. They state in their platform
that the Republicans had contracted
the currency, and that they propose
the further contraction of it, with a
view to the forced resumption of spe-
Gle payment. Not a single word of
which is true. There is not word in
the Republican platform, adopted at
the State Republican Convention last
June, in favor of the contraction of
the currency of the country, or that
Ijustifes the belief that the Republican
party are in favor of a policy to force
specie resumption. Not one word.
Here is all that is said in the plat
form in relation to the financial ques-
ton of the country The second
resolution contains every word there
is in it in relation to the question, and
it reads as follows:
''That policy of finance should be
steadily pursued, which, without un-
necessary shock to business, or trade,
will ultimately equalize the purchasing
capacity of the coin and paper dollar"
Now that is all there is of the Re
publican platform on the currency
question. 1t does not propose to con
tract the currency, nor to force specie
payments, against the interests ef the
people.
+ The eighth resolution in the Dem :
ocratic platform, among other things.
demands that the volume of currency
be made and kept equal to the eoants
of trade, leaving the restoration 0 f
legal tenders to be brought about by
promoting the industries of the peo-
pie and not by destroying them.
Who can tell what the qcants of trade
will be? And who is to determine e
when the wants of trade require an
increase of the volume Of currency :,
when the whole power of expansion
or contraction ia thrown into the
hands of political demagogues to be
kicked about like football at every
annual election?
We want system Of finances that
shall not depend upon political
schemes and wire pullers of any po
litical party for it's volume of curren-
cy; but we do want system that will
be steady and sound; one that the
people will have confidence in. And
when we have system like that, free
from the disturbing elements of par
tisan politicians or the wild speculat-
ing mania that has prevailed in our
country, we will have a system of f.
nances that will furnish volume of
currency equal to the demands of the
legitimate business and trade of the
country, and a paper dollar will have
a purchasing value equal to a gold
dollar. This is point, however, to
which we never can arrive if the
whole amount of our circulatir~
dium is to be furniet--- --g me-
year after ..Aed exclusively,
nc- year, by the law making
yer of the Government-for there
will always be two political parties
and upon this question, as upon all
other questions, there will be two
sides, and the question of imitation
will always be one side-and it mat
ters not whether it will require Sl.16
in greenbacks to buy dollar of the
metallic standard of values the world
over, or whether it will require S26O,
there will be, as there always has been
those who will wan tmore money and
demand Of the Cover nment an in
crease of the volume of paper cur
rency-iust as though it was the bus
! mess of the Government to put theil
, presses to work, grind out greenback
| and stuff them down into the pocket
of those who demand them withou
), even giving an equivalent therefor.
!. The only way we know of that
political party can get money from
the Government, without giving al
equivalent for it, is to get into otlc
and then steal it-and we fear tn
Government has been furnishin!
more money in this way than is health
for its financial condition. Let u
> put honest men in office and have a
honest currency, and there will b
:, money enough for all legitimate pun
/. poses of business.
:,
The Republicans ell over th