The Republican journal. [volume] (Belfast, Me.) 1829-current, 1875-10-07
Pennsylvania Politics.
JUDGE rERsHING's ACCEPTANCE
POTTsVLLE, Pa, Sep. %, Is


which met at Erie on the Sth inst. | avail
myself OF the earliest time Of relief from
judicial duties to reply
The issues which so lone divided the
people of the State and nation have lost
much OF their former Importance Many
OF them have been permanently settled by
constitutional amendments. OF those who
were politically opposed to each other
during the war, thousands have formed
new political relations In the South, the
Republican party is now a powerful or
ganization, and constitutes the majority
in some of the States. Among its mem
bership are found those who were con-
spcuous leaders in the Confederate armies,
and who are now in possession Of lucrative
offices conferred by the National ENecu-
tive
New issues are now presented for the
consideration olthe people. The question
of the currency is attracting the attention
of thoughtful minds OF all parties. Its
final settlement rests with Congress and
the President The legal tender issue has
become Incorporated into the business OF
the country, and its constitutionality has
been affirmed by the Supreme Court OF the
United States | am opposed to what is
in its true sense imitation, and imitation is
not demanded by the Erie platform.
The platform stands opposed to any fur
Their contraction of the currency at this
time of financial distress, when our work
shops. mills and manufactures are closed,
and thousands of men willing to work,
are out of employment. 10 expand the
volume of the currency when the people
are mourning debts, and to rapidly con-
tract ii when the time for payment has
come, will prove ruinous to every bust
ness enterprise. The attempt to force the
,.nnn4,.,, -.-~-----1 ,~i~.. ii specie pay
ment. under the provisions OF the act
passed by the last Congress, will only in
ieusifv the distress which now everywhere
prevails. We must cease exporting gold
10 pay interest on our indebtedness abroad
before specie payments can safely be re-
sumed | am in favor of such volume OF
currency as the legitimate demands of
business. and the revival OF the industries
of the country may require. Experience
win best determine this, and it is to be
hoped that an adequate standard on test
Tor regulating the amount OF currency,
may be established by our representatives
in Congress- | viii only add, that adhere
to the doctrine always held by the Demo-
cratic party, that gold and SILVER consti-
tutc the true basis lor bank note circu-
H.tion. This presents a question different
from that OF n paper currency that is OF
itself made by the sovereign power
legal tender, and therefore money.
I VIII regard it as my highest duty,
should the action at Erie be ratified by the
people. to meet the demand for reform in
lhe State government. The taxes paid
INFO the sinking fund have steadily de-
creased the State debt it is well known
however. that for years past large amounts
belonging to the sinking fund have been
diverted from it, and applied to other pur-
poses than the payment OF the debt OF the
State The effect of this is to leave Il
large Indebtedness, the payment OF which,
with the accruing interest. has to be pro-
Xided for by taxation, which in many
eases operates oppressiyely on the mining
and other Industries of the State The
faithful appropriation of the public mon
eys TO the purposes tor which they were
paid INTO the treasury by the people,
would have le5sened the amount Of taxa
ton now required, when business interests
are so generally Frustrated. Not only
should the taxes be paid into the sinking
fund be promptly and honestly applied to
the payment of the State debt, but the
condition OF the Treasury should be open
TO the inspection Of the peoples represen-
tatives. The monthly balances in the
Treasury, frequently very large, should be
used for the benefit OF the people, and not
converted into a source of private gain to
the State Treasurer. To distribute the
funds Of the Treasury over the State, in
banks, on such terms rs Will most advan-
tagr not the taxpayer, but the officer
having them in charge, is to establish a
system at once corrupt and dangerous.
Reform by holding all public officers to
strict accountability by dispensing with
all Supernumerary officers, and reducing
expenses to the lowest practicable amount,
thus relieving the people as much as is
possible, from the burden of taxation,
should be regarded as objects of chief i'm
portance on the part OF the Executive
Labor, the foundation Of our prosperity,
should be amply rewarded and to this
end such legislation as is Just to the la
borer, as we'll as the employer, should be
enacted.
Abiding by the action of the Convention
in lis nominations and declarations of
principles, | accept the nomination ten
dcrcd me, with due sense of the RESPONSE
bIitic, involved in an election to the gu
y'l llttlpl ~ CHILL. liz llUlullldtlOll mas
come to me uns0ught 1t found me busily
engaged in the discharge Of the judicial du-
ties entrusted to me by the people of the
TWcnty-tirst judicial District Yielding
10 what appears to be their unanimous
expression OF opinion, do not propose to
lender my resignation to the Governor ana
solicit votes from the stump The issues
are well understood, and | have faith in
tho into linuDnf If tha 1,on,,lo 10 10
them. Should they see proper to call me
from my present position to a still higher
"n" ! will endeavor to serve them faith
tuIly. 10 the people of the State leave
the decision OF the contest, believing that
He who rules over the destinies of States,
viii guide to that conclusion which in the
end viii be for the best, | am gentlemen.
Yours Very respectfully,
CYRUS l.. PERsHING.
Tie Democratic State Committee has
issued Il Stirring address to the people OF
lennsy iyania, from which we make the
following extract
pom the lcga-tender basis, the farmer
has purchased his land, the manufacturer
put IN motion his machinery, the working
man bought the lot upon which he erect
Fu MS homie. 10 cudlBc lillS DaSlS OF val
Hes suddenly, by the substitution OF gold
and silver, would depreciate the price of
land and cause alarm and distress in all
the avenues 81 trade The change will be
4 " ok OF time, and cannot be effected I'M
tlI the country is in a better condition to |
receive it. And however much the polti-
clans OF the country may interfere the |
solid sense and good judgment of the mass
rs viii prevail and they Will, by the force
and power OF the ballot, prevent hasty |
and ill-digested legislation on the ques- |
lion of specie resumption
However much we may complain of the |
want OF wisdom that prompted the intro
ductlon OF the present system, there can |
be no doubt Of the folly OF attempting
now to destroy it, Whatever evils belong |
to it have already been realized; the bust
ness OF a whole decade and more has been