The People's vindicator. [volume] (Natchitoches, La.) 1874-1883, 1875-12-11
Democratic Currency.

Since the foundation Of this govern.
eminent down to the present moment,
the currency advocated by the dem
ocratic party asa circulating Medium
has been hard gold. Tins, truly, is
only in Keeping with its fundamental
principles. Paper currency is not
currency recognized by the constitu-
ton, but rrpndiatcd BY it, and one Of
it's main objects is to prevent the en-
istence Of that currency, the evils Of
which the trainers had seen and felt.
The Democratic party being a strict
construction. of. the. constitution. par
IT,, it follows naturally, that they
should be the GOLD party Of the eoun-
try. ''' 49,"
1t cannot lie charged upon rs that
We ever advocated, during all the
power of the party, bank, or bank is.
sues; on the contrary, the party
fought them to the death. All the
paper monies ever issued BY the gov
eminent were the result of anthem.
ocratic legislation had when parties
opposed to the Democracy were in
power. All such currency has been
fought and destroyed by the DEM.
cratic party alone. a
The present legal tenderhnd Nation.
al bank circulation are the children
Of the Republican party. The acts
creating both the issues Of legal ten
der and the establishment of Nation
al banks were coined in tho brain of
Republicans, passed by a Republican
Congress, against the combined ef-
forts Of the Democratic party, signed
by 4 republican President and pnt in
force by Republican administration.
These are facts Of too late date in
history to he questioned, and the Re.
publican party cannot, at 80 early a
day, escape the record. The idea that
it's press, orator and leaders should
attempt to ''sh"ve off, upon the Dem
ocrats, the evils Of their own legisla.
ton, this paper currency, is simply
preposterons. w..
Some few Democratic wildactors in
Ohio to- the disgust of the rank, file
and the majority of the true Demo-
cratic leaders-all in fact also in
Pennsylvania, where under the in
tluence Of the log cabin and hard
cider Ohio inflationist, a wishy washy
plank was adopted by a bare major
ity upon the currency question at
direct war with the tendencies Of Do.
mocracy, its past history, it's consti-
tuition and traditions. At all other
times aud in all other instances, the
Democracy, it's people, ,ts leaders, it's
press and statesmen have stood firm.
ly by the hard money plank in their
platform, and they intend tn stand by
it for all time to come. The South is
for hard money to a man; We have
tasted the bitter experience Of a pa.
per currency, that is a lesson We will
always remember. Gold was 10 full
circulation, both in the North and
the South, when these paper money
laws were enacted but what became
oft! In the twinkling of an eye it
was gone. Tile paper issue surpassed
the goM circulation.
There is plenty of gold and silver
for all practical purposes in the
United States. This eau I've borrow
Ell az cl'eap IA the paper money; your
produce will sell for as much in it, if
yon gire 1t an opportunity, then why
will people say money is scarce.
Money is always scarce when there
Is no commodity, no production to
demand its presence. Its circulation
is regulated By natural laws aud but
check it once aud it disappeare. It
will not bear tampering with. It
yields to man it's purpose, though,
like the sensitive plant, if you bit
lay unwarranted hands upon it, it
closes up.
The distress Of the country figures
largely in the arguments used by the
advocates Of soft money is that dis
tress to lie ame|iorated by the inRa-
ton Of paper money, that issue which
is the cause Of tile present distress.
The hair Of the dog is not good for
the bite IN this instance. You n,tlst
create a demand for currency Of any
kind before you can get it.
Capital is weary ut this moment,
seeks only the safest investments.
The currency boat is returning from