The Portland daily press., 1875-08-13
Current Notes

line Omaha HerGld (Dem. takes Its stand
with the Baltimore Gazette in hoping that
the Republicans may carry Ohio against the
rag-money Democrats.
Mr.. Thurman will make his next speech at
Cleveland on the 2Sth inst. Unless he bra
ces up little more than he did at Mansfield
he might as, well spare his breath. +'
The Mount Vernon, Ohio, Banner, Dem
ocratic organ, insists that greenbacks must
be made legal tender for all debts, foreign
as well as domestic. That's good, honest
Democratic doctrine. 80
The st. Louis Republican observes; that
the Southern Democracy have grown little
tired Of accepting candidates and platforms
secondhand from Northern Democrats, who
cannot carry their own states, and the coun-
sci of such papers as the New York World
has much less weight than it used to. z9aa
The Ohio State Journal declares that the
Democratic movement for initiation in that
State is intended in part as fanking per.
fermance to divert the public attention from
the last two years of Democratic maladminis-
tration; but whatever the motive for raising
the issue, it adds, the Republicans have moth
ing to fear from it.
The New York Tribune remarks of Gov.
Allen Of Ohio that, as he was anything, be
was hard money man until the infation-
lists captured the Columbus Convention, and
then, 'sNot having any embarrassment of
principles, he accepted the nomination and
the platform, and goes about roaring for in
flation and reputation just as he would have
beloved for hard money if the convention
had adopted, as he expected and desired, the
Cuyahoga platform. -s3ela0
Senator Bogy, of Missouri, has published
a two-column letter ON the finances, from
which it appears that two years ago he was
an infationist, but one of the milder sort.
Now he proposes to increase the circulation
of the currency, and at the same time ap-
preciate its value by applying it to more
uses-as for example, to the payment of
Customs duties. By this marvellous plan,
the road to contraction lies through imitation.
The amounts which the people of this
country have lost by the depreciation of the
circulating notes issued under former systems
Of banking might not be sufficient to pay our
national debt, but would be sufficient TO meet
named; and those losses fell mainly on
men who were least able to bear them.
No holder of any national bank
note of the three hundred and fif-
ty millions that have been issued has lost a
dollar, or ever will. That fact should be re-
membered when it is proposed to extinguish
them before the expiration of the short term
of twenty years of which they were incorpor-
ated.-Judge Tqft Of Ohio.
Mr.. Morton will lest serve the republicans
in Ohio by adding to his unanswerable argu-
ment against initiation an exposure of the in
sincerity of the democratic leaders who aban-
don the convictions of time to join in
a demagogue's outcry for more paper money.
He can show that they know better, that
their eyes have been open to the danger and
folly of inconvertibility for years, and that
they can take the plunge into the abyss of
infinite expansion only by leaving their old
ground of disbelief in the cOnstitutionality of
government money. 1t is giving them an ad-
vantage to which they are not entitled, to
permit them to ask for legislation to issue
more of what they hold to have been illegally
issued at the first.-Boston Advertiser. ) :
The Richmond Wing Oem.) declares em.
phatically that the success of the initiation
issue in Ohio would make that plank in the
Democratic platform for the next Presidential
| campaign. 1t says: ''We have not a doubt,
ourselves, that the defeat of the bullionists in
the Ohio contest will impart such an impetus
to the movement against them that the
masses of the Democratic Conservative party
| of the Union will almost with one voice cry
| out at once for carrying the crusade right on
| into the Presidential canvass, with the victo-
| rious banners of Ohio boldly displayed in the
very forefront of the political army of all Sec
tions, advancing to meet the Radical hosts
| and such Democratic devotees of the golden
| calf as may elect to join their fortunes with
| them." ..-
| The attitude OF the Pennsylvania Democra-
cy on the currency question is something Of
mystery. The State press of the party has
not said anything definite about 1t heretofore,
but The Iitusuille Courier leads off now in
an article demanding an initiation platform fol
the next campaign. It says: "The Democra.
cy of Pennsylvania must not be behind their
brethren in Ohio upon the money question,
which is paramount to all other questions
now agitating the public mind. The people
of this State understand that it is the duty Of
the National Government, INSTEAD Of con-
tracing the currency, to provide enough to
| meet the wants of general trade, 50 tnat
it may be had without having to pay for 1t
| heavy rate of interest. The democratic
| masses in this State understand these ques-
tiops perfectly, and it becomes the leaders to
take a lesson from their Ohio neighbors II
they expect this Fall to tread the same road
| to victory over which the Democratic hosts in
the Buckeye State are moving in irresistible
force" .
A good idea of the Harmonious condi.
ton of the Democratic party on the money