Martinsburg independent. [volume] (Martinsburg, W. Va.) 1875-1900, 1875-08-14
FROM OHIO.
The Crops. Floods and Poll
tics.

this state, and Ill fact, almost the
entire West, and the consequent
floods, has been the cause Of great
injury to the crops. In many sec
tons it has amounted toalmost total
destruction Of wheat and oats, and
immense damage to the corn In the
bottom lands. La this county we.
have not suffered to such an alarm
ing extent as elsewhere. The wheat
and oats have been considerably
damaged by the continuous wet Wea-
ther, but the corn, except in some
few localities, has not been injured
to any great extent. The land in
this county (Highland) is mostly high
and rolling, and the injury to the
corn Is principally from lack Of OPP
| portunity to cultivate it property ON
account OF the rain. On the whole.
do not think the damage to the
crops in this State will prove quite as
bad as we had first supposed, al
though bad enough in all conscience. I.
The destruction of property by the
floods will be large in the way Of
buildings, fences, &c.
Highland being somewhat isolated
having but single line of railroad
running through tits not as vet
much aroused over the present polit--
zeal campaign as some other portions
of the State. Still, we have caught
the fever to some extent and our neo--
pie are discussing calmly the relative
merits OF hard and soft money -infla-
ton and contraction. There is B0A
other issue in the fight or at least all
others are held in allegiance. Party
lines are breaking away under the
heat OF the financial question. Hard
money Democrats will not vote for
Allen, while rag money Republicans
are enthusiastic In his support. /
may be mistaken, but it Is my opin-
ion that there are more people in fa-
vor OF more money" than there are
In favor Of good money, and IL this be.
so, the more money side must
win. | am not in favor of unlimited
imitation Of the currency. fail to.
see how such policy will benefit the
laboring man or place the govern
ment In q better or more prosperous
condition. The issue of more RAG
money will only increase the public
debt and depreciate the currency. IT,
double. the amount now in circulation
be issued and 1t depreciates the whole
to fifty cents on the dollas, what Is to.
be gained by it. If in the great rag
money millennium / get two dollars
which are only worth as much as one
now, am / in any sense the gamer Z
The Southern Confederacy tried that
policy, and the more rag money it
printed the poorer it got, and so
did the people who had to take it,
Instead of helping matters it only
made things worse the more money
they turned out. The financial poll
cy Of the Southern Confederacy ought
to be a sufficient argument against
the fallacy of imitation. AT one time,
the notes Of the Confederacy were,
worth the full amount of their face.
But then they were not so plenty.
Now suppose when they were worth
dollar for dollar there was one mil
lion of their money in circulation
what was gained by the issue Of
five million more, If after they were
issued it took five dollars to be worth
as much as one dollar was before p
Did it make the Confederacy any
richer OF was the citizen, who got
hold of five dollars of the deprecated
money, any better off than when he
had one dollar of good money ? 1t
certainly was a disadvantage to the
poor man, while it gave themen who
had money chance to speculateand
gamble in deprecated stocks andcur-
rency. The same thing was seen in
the North during the war when
money was plenty and "cheapN--that
is, deprecated. Spectators took adj
vantage Of it and made fortunes, but
that the laboring man was benefited
j have yet to learn. The supply OF.
money should be regulated by the de-
mand. II the supply Is not now
equal to the demand, will some one
please inform me why the $4,000
600 surplus national bank notes now
in the hands of the government, is
not called for and taken up. These
wild advocates Of more money seem
to ignore thisfact, and also the other
important fact that during the wan
when money was issued by the cord,
the government was in the market as
one of the largest consumers. 1t paid.
out greenbacks with a lavish hane1
for quartermaster and conmissarv
stores, munitions Of war, Horseshoe
and gave employment to millions Ok
men as soldiers. The government is
not now a consumer as then, and an
unlimited issue Of iITedeemalle rag
money would bring financial ruin on
the country, and widespread disaster
to the people.
HARD-MoNEY DEatocRAT.