New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-10-10

au iueSo dormant interests since the war.
If this reasoning has been correct, it
would be in the highest degree unwise to
reinstate the same school of antagonism to
manufactures, internal transportation and
shipping in the administration of South
ern affairs. 1t is the ascendency of the
Democratic party at the South which has,
in our opinion, SO long denied the South
the exercise of facilities for manufactures
and commerce which are according even
to the opinion Of our Northern rivals I'M
equaled.
TIE SOUTH PLACED FOR IMITATION
The wrangle which has crept into the
Democratic party over the currency ques-
ton, and divided the Democratic house.
hold, has developed a vast amount of
financial ability in all sections of the
Union. There is no village which has
not turned up possible Secretary of the
Treasury. These men have struggled
mentally with our public obligations.
Some of them believe that taking up one
note and giving another in its place is
paying debt; others want better money,
and will be contented with less amount
The Minden Democrat speaks ''for the
people" of the South. In Tooley street,
London, three tailors were the people.
In Louisiana any one-horse editor speaks
for the people; the people are continually
saying things they know nothing of in
that way. A wide mouthed man gets up
on hat box and says the people demand
this or that, and he will speak as if he
held the whole world by proxy, and that
none could dispute his word. The DEM
ocrat says:
Taking into consideration the fact that
the currency question will be vital issue
in the next Presidential campaign, it looks
net unlike there was trouble and discord
brewing in the Democratic campo, which
will likely prove the Pandora's box out of
which will come defeat and disaster.
The New Orleans Bulletin, which GER
tainly had as much right to speak for the
people as the Minden organ, had said:
'The hard money resolutions of the Dem
ocrats of New York will be satisfactory to
the people of Louisiana and the South"
The Minden man completely refutes the
BaNetin's statement, and refers to an
imaginary person. sensible and think
ing Democrat in the South" The argu-
ment is:
The Bulletin is mistaken, unless it speaks
for the few bloated bondholders, and sees
in them the "people of Louisiana and the
South" There is no sensible and thinking
Democrat in the South who does not know
that the present policy of the government,
to return to specie payments, will prove
disastrous to the South as we'll as to the
West, and the Bulletin will learn that on
the currency question the people of the
will follow Ohio's noble old champion of
the masses against the bondholders Of New
York and the East in 1876.
In Cincinnati it is Geaghan who is
known on the stump and among the
church people as champion of the masses;
but William Allen is the old champion in
the mind of the Minden editor, and Will
liam Allen is for imitation and rag money
until Samuel Tilden can not rest. Tilden
does not intend to buy hard money
paper in Minden, and the Democrat can
make "the people" say what it pleases;
that is, the Democratic people, who, &C.
cording to the sentences quoted, speak |
two ways. We object, however, to the
voice of ninety thousand Republicans in |
the State coming from such q throat. |
Following this the Democrat says:
What the South wants is more money;
this she can never get by contraction and |
early return to specie payments. The |
Southern people are still deeply in debt; |
these debts were contracted when money |
was plenty and cheap, and they want plenty
money to pay them with.
That is the argument. ''The people"
got in debt because money was too cheap
and too plenty; they think 10 get out of |
debt by printing more promises to pay,
and keeping gold, or real money, out of |
business circulation. Greenbacks were
necessary evil. The rebellion of the South |
cost the government of the United States |
more than the treasury could pay in gold.
The greenback pledges were issued, and |
when the government proposes to redeem
them by gradual withdrawal 'the people"
Of the South object, according to the Min
den voice, SO infatuated have they become
with Northern war money; and William
Allen, who was opposed to the prosecu-
ton of the war, sings the same song.
If the Democrat wished to say q good
word for the South it would say she could
pay her debts with the products of her
soil. Let "the people" demand gold, for
cotton and sugar, instead of Winnebago
county plows and Lynn and Lowell shoes
and cloth. They will become independent
when they manufacture their tools and
wearing apparel, grow what they eat, and
sell their surplus products for gold. A
people can not get ont Of debt by borrow
ing money; they must. make good hard
money and put themselves in position to
demand terms Of settlement. The plan to
make William Allen President, start the
greenback printing press anew, quit work,
shoot niggers, and live on bundles OF
money expressed from Washington, is not
. good one; and the village trumpet does
no credit to the intelligence Of ''the peo-