The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1875-09-23
ere.nbacI. Then ana Now.

len or twelve years ago MANS p~etiOe-
ism was measured by his loyalty to she gov
ernment issues denominaied greenbacks.
To talk lightly of this money, or to call IN
question the wisdom of the policy that gave
it 10 the country, was held to 20 rank trea-
SON. The tradesman that hesitateS to take
i. Tor any thing he had to sell was positively
disloyal TO the flag Of his country, and stood
a good chance of having his patriotism
quickened by mob violence, or hls body In
generated in the Soldiers Home. Those
chat preferred the issues of the bank OF the
state OF Indiana, or the bank of any other
state, 10 greenbacKs, were set down at once
as busternuts and copperheads. and deserv-
ing of political and social ostracism at the
hands of the truly loyal. But alas. for the
consistency Of mankind, the whirhgig
OF time has turned many things topsy-
tuIyy and among them the principles OF the
men who twelve years ago swore by the
greenback currency. Those who controlled
the government when the promises of the
nation were given to the people as money are
now doing all they can to discredit this money
and bring it into contempt and ridicule.
They term 1t the rag baby" and are trying
to strange it, and bury it out of sight. Hsv-
ing created a large debt to weigh down the
people, and got the evidences OF that debt
into the hands of rich men and wealthy cor
porations, they seek to make the obligations
issued by the government more valuable by
contracting the currency, and substituting
gold and silver for the money now
in circulation. BY doing this they will edo
many millions to the value OF their bonds.
and greatly increase the purchasing power
OF the money in their safes and vaults.
What thsy could gain by this policy would
be taken from the merchant, the manufac-
turer and the lsboriDg man. But it can not
be expected that the Republican party
should care for the laboring man or shape
its policy to serve his interests. 1t is party
composed in the main of rich men and those
whom they control. lis principles and It's
policy 90 hand in hand to elevate capital
and depress labor. If its managers and
leaders can force the country on to specie
payment at once they will do it. notWith
standing financial distress and general
bankruptcy would be the result
OF such course. But the signs
o. the times indicate that the people
are satisfied with the money they have. aud
want no contraction of its volume until She
national debt is paid, or its proportions
greatly reduced. Maine in the Bass and
California in the far West have recently
spoken in no uncertain tones that We are
now approaching the beginning Of the end
of radical domination in this country. The
party that was born in fansticism, that was
nurtured in strife aud bloodshed, and IN Its
manhcod-power was guilty of political
debauchery and most profigste waste of
the nations money, is doomed and mast
s'step down and out.' The people are
reused to proper sense Of their duties,
an6 under the guidance of Democratic
statesmen are pressing onward in the direc-
ton of good government and an honest
administration of the laws. Neither the
Haunting of Morton's bloody shirt, nor the
gold OF the bondholders can stay this march,
and tbs man or the party That stands ia its
way must step side or DO tramplsd TO chs