Clearfield Republican. [volume] (Clearfield, Pa.) 1851-1937, 1875-10-27


the yoke? Arc you stupcfcd at twbnt
you have undergone aud what you SEQ
before you? Is your skin too tough
to feel the oppressive lash? Have you
no desire 10 hold the remnant Of your
lands and your money, which has es-
capped tho greedy eye OF the tax col
lector and the exciseman? Are you
ready 10 hand over peaceably that
remnant, and hunt up an obscure resi-
dence in the poorhouse Ny friends,
do rise up in honest Indignation and
drive back these vampires that are
fastened upon your vitals Let them
know that il is our money, and their
hands shall not hcncciorth touch II.
With such management and corruption
in National and State Governments,
how can you expect prosperity? You
will look for il IN vain, unless you make
change in your National and State
Governments.
THE REPUBLICAN FINANCIAL FOLLY.
To add TO our misfortuncs (for they
never come single handed) we have
imposed upon us, by Republican rule,
All irrcdcemablc paper currency, the
representative of some seven hundred
millions OF dollars, the effect OF which
was to drive all the gold and silver
from the country. For some twelve
years wc have endured this public
calamity. The public pulse Of this ma
ton became irritable and excited, and
u Republican Congress undertook to
administer remedy, and passed an
act fixing the date of specie rcsump-
ton in 1879. This ill-conceived and
ill-digcstcd measure was the last hair
that broke down the burthen of the
camel. 1t was destruction 10 the in
dustries of the country and closed up
the channels of trade. II arrested the
strong arm of labor and drove the
money of the country into the vaults
of the banks. Panic has not yet come;
but that is necessary result from this
act of madness, imbcclity and fol-
ly. The men who passed that act
knew, and so did every business man
in the land, that inevitable ruin must
follow. But Congress, under the plea
that something must be done TO ap.
pease the public alarm, went bIindly
into it, hoping to invent some other
miserable subterfugc to cover up their
stcalthy tracks. Now you understand
why the wheels of the mills are silent
and the fires of the furnace and forge
have gone out, and why the wages OF
labor have come down TO dollar n
day, and the products Of the farm have
come down twenty-five per cent, and
limited sales at that.
THE DEMOCRATIC PROTEST.
This irredccmable currency was
forced upon the country, and over the
protest Of the Democratic party. Ii
Is claimed to have been one of the
necessities of the war. The question
OF specie resumption met that party
square in the face at Erie. Ii was
cowardice to remain silent, as the Re-
publican party had gone in for rcsump-
ton in 1879, we had either TO dissent
or acquiesce. Had we stood mute,
like prisoner in the dock, our silence
would have been construed into guilt
guilty of acquiesclng in the Republi-
can idea of resuming in 1879. The
convention by a decided majority adopt
ed tho following resolution "rhat we
demand that the volume of money be
made and kept equal to the wants OF
trade, leaving the restoration of legal
tenders to par in gold, to be brought
about by promoting the industries OF
the people, and not destroying them"
This is what is dcnominated imitation,
Imitation, bow2 Should Democratic
Congress be denied the power TO add
to, OF at the proper time, contract the
volume of currency Certainly not !
And if we come down to the plain CON-
nonsense view of the question, ought
not the volume of that currency TO be
equal TO the wants OF trader But this
Is not the cause of objection to the
Eric platform by the monied men of
the country. II is alleged that we
postponed forever the day Of specie re
Iu'np.'os' % - suon .i ! eonss.Io',on ~ .'. o'', ~
pc ,orceu upon 'p' a,"grapn quo.1u
anu wn'cn y al ','. re'a'.s =" '"o
quesUon' a'h unaD'o W see IT,
WHAT THE ERIE RESOLUTION MEANS.
What is meat by the words ''leaving
the restoration of lcpal-tender TO mar
in gold ?" The men who voted for
this resolution undoubtedlv sunnosed
that arestoration to par in eold' meant
convertibilitv of paper into pold when
IL reached n gold standard. This is n
fair construction of tbe sentence. The
Democratic party has ever maintained
and do now Tint cold and silver il the
only basis of circulation. But what
they do object TO is forcing rcsumptiop
in 1879, or any other day to be named,
They will insist on resumption when
the Industries of the country will per
nit il to be done. The Democratic
party have never and will never aban.
don the idea of specie resumption, and
! challenge any man of intelligence to
ps, ~ h,S r,; nas,r ,.s ~, ,e a oo. at'
" wy Lrle Pn.,G."', anu sno" y, ~
y no' .ncro. ~ ~ ~ 'o,oeu eons'ruo-
', .lon mus. 'hu'on'o n,N' ~, ,., ns pa''y We
wn' never "oahuo'' 'nc 'uca VI lcsun,p-
'ion NJ 'no proper .,'hc, nor oocs ,nc
PLATFORM ,, con.rover' ~ ,. In,s pps'.,on We
40 ciiitl, however, tnht thc VoiuIhc Oh
money snou'u ~ az u',cs' oe su.lc'en'
ior 10 'nc aenanus oi 'raue. anu !. mat.
'ers no, VIVA. n"'nc you gNc ~. 90
shou,a 'he volume pe conlrac'ed wncn
u VIII not interfere Win the business