The Portland daily press., 1875-10-13
Current Notes.

NOW that Wendell Philips undertakes to
discuss finance with Carl Schurz, George
Francis Train ought to get up debate with
Charles Francis Adams-Hart0rd Cowant
The Haytian paper dollar is worth three
cents, and if Judge Kelly thinks you ought to
get two for cent, why doesn't he 60 there
and make imitation speeches ?-Norriston
PENN Herald.
"Templeton" says it is the intention of the
Democratic committee that Governor CASTOR
shall follow Mr.. Rice in his campaign speak
ing. He will follow him in the election re-
turns.-Boston Journal.
Some of the reasons for opposing Mr.. Rice
remind us of little parenthesis in speech
by Hon. Charles Hale in the house of repre-
sentatives last winter, in which he said he
supposed the Barre aud Gardner railroad was
so called because it did not begin in Boston,
did not pass through Barre, aid did not ehd
in Gardner. Those who call Mr.. Rice an old
rummy, Beacon street aIistocrat, probably do
so because he is not beyond the prime of life
does not drink liquor, and does not live near
Beacon street.-LOaoeu Mass. Courier.
A correspondent of the New York Times
says:-"If ever the theories of men like Wen
dell Phillips and Ben Butler should prevail in
Ibis country, / think it would be high time
ror decent people to turn all their available
funds into gold-as well as their Silver spoons
and try residence in some other latitude
some more congenial cline. And if Recorder
Hackett-the best criminal judge we ever
had in this city, the most fearless and incor-
ruptible-should lose his election, it seems to
me every respectable conservative man shoul1
carry revolver in full sight-no Concealed
weapons-or else We should have at once a
vigilance committee"
The Christian Register Of Boston says of
Buffers recent ''sad'' letter: oSome scoffers
will denounce General Butler as an unscru-
pulous demagogue; but we must wait and
see if he does not sell several of his palatial
residences and give the money to cheer up
the workingman,' who now finds himself
Broken in spirit and ready to submit to
most over, and if the selEsacriicing cham
pon of the poor should part with the 'Amer-
ica,' the proceeds would buy many loaves of
bread for hungry mouths, and pay at least
weeks rent for thousands of unsheltered
heads"
Professor A. L. Perry of Williams college
has written letter on the finances of the
country, to the editor of the Omaha Herald,
in which he says :-Contraction in some form
and to an enormous extent must precede per-
manent resumption. The banks can resume
without further action on their part, but the
government must hoard gold as France is do
ing it-stop selling it, let the greenback find
its natural level, which it never yet has
done, because the government has been a
constant bear in the gold market; reduce its
demand and obligations to the lowest possible
point by selling bonds for greenbacks; keep
clear of Wall street, and be ablo to defy it
and then resume! There is no royal Jump
back to specie payments. We have gone the
downward road like sheep; like asses, with
pendent ears, we must retrace the steps back
to the starting point.
Senator Gordon of Georgia is the last man
who has arisen 10 criticse Mr.. Schurz's
speech. He thinks Mr.. Schurz's premises
are principally assumption, and calls his ar
guments "oracular bombast." The Senator
seems to be enamored of the 3.65 bond
scheme as the remedy of all financial woes,
saying: 81 tell you, sir, reputation and
dishonor ale both at the end of the road
that leads to the wreck of private fortunes,
and this is the road upon which the contrac.
tionists would lead the people of this coun-
try. No sane man contemplates reputation
of the governments Indebtedness or any Dor
ton Of it. Certainly those who advocate a
greenback circulation, redeemable in low rate
bonds, and who are striving to rescue the
people from unnecessary and oppressive tax
alton, to float another and no better cur
rency, cannot. with any truth, be called re-
pudiation;sts. No, sir, as said above, if any
policy will lead to reputation, it is that of
contraction. This is the towering fact not
to be overlooked in this controversy" There
is good deal more of the same sort, filling
several columns of the Atlanta Herald, but
this is the substance of the whole of it.