The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1875-07-21

nSlOus question ana WnIIe lHoy "'S
ing and lighting each other about rellg
ion, slip in and get possession oi the
Government again" If we cant do
this, then we ought to commence 10
pack.
He again, in conclusion alluded to the
position of the Democracy Of Ohio upon
the financial question, and said that what
they wanted was an abolition Of the Ma
tional banks for which the people pay
:2O,OOOO00, and AL issue by the govern
mrut direct Of its greenbacks. He said:
The obligations of this government
will all be paid. The people Will not al
low repudiation in any shape. Their
moral sense revoltS at the idea. But, say
our Republican friends, yol Democrats
have hard money record. How can
you be for rag money now? | can say
To them that circumstances change poll
cirs. When we were hard money party
hard money WAS possible, and 1t was for
the interest OF the masses. We have
been an anti-National bank party. In
Jackson's time We opposed single
National bank because it was dctri-
mental TO the interests of the American
people. Now we have two thou
sand National banks, draining the life
blood of the people, why should We not
raise our voices against them? The old
National bank of Biddle fattcncd off of
the peculiar privileges granted TO It by
the Government, and our present Nation
al banks are contrivaRces by which the
Government authorized favored class
to pluck the Government goose, except
the pin. feathers, which are lett for the
people. But who has right TO say that
we are not hard money party to-day?
What is there in our recent record to con-
trovert that idea2 There is not Il Demo.
crat in the land who will
oppose resumption OF specie pay
mcnt, when it can be brought about
without paralyZing industries and i'm
poverishing and distressing the people.
But we do not make such al idol of met
allie coin as TO be willing to breed COM
munistic revolts and fill our land with
paupers to force resumption. We fully
realize that with ten thousand millions of
Indebtedness, public and private, and the
vast volume of business represented by
it, tnat speedy resumption i absolutely
impossible without bringing immense
distress and disaster to every class of
our population except the bondholder
and the money changer. The Con-
grcssonal pledge Of resumption IN 1879
hangs like u pail over the business Of the
country. Prudent men have been fol-
/ lowing the example of contraction set by
the government They have been draw
ing their mcaEs out of active business
and securing it in real property they
are closing up their manufacturers; they
refuse to 20 into new enterprises, and the
result is that the panic of 1874, which
should only have had temporary duration
I hA, -cttlcd down into Il season Of business
/ prostration, which Will continue until
the policy the government Is changed !
the continued tampcriug with the cur
rency checked, and the active men of the
country can have faith to resume aPcrn-
tion, without fear OF being overtakcn 10y
ruin through government Interference
/ Ii resumption is reached in 1879, n steady
4 contraction and depreciation IN values
must continue, and what sane man will
invest his means ia business under such
circumstances? Let U, reach specie pay
ment Us speedily rs possible, but let the
laws of busnes, and circumstances under
which we are placed goyc:n the matter,
and not the special interest ofthe banker
and bondholder.'
These remarks of the Governor show,
beyond any doubt, the exact ground taken
by his party in Ohio on this much dis
cussed question, and he gives forth. a
BEN BUTLER says, no uncertain sound
He strikes the proper cord, and 10000
majority in the Fall will attest the popu-
larily of his position.