The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1875-10-02
OUR STEuBENvILLE LETTER.


plus, and that gold and silver were the
only legal currency Of the country; and
when you found party advocating that
kind OF currency you found one that was
in favor OF the honest payment OF the Ma
tional debt. Maine, Maryland, Minneso-
Ia, Nebraska, and majority Of the Dem
ocracy Of the States Of the Union, advoca.
ted this very doctrine; and yet We are
urged by the Democratic party Of Ohio,
Championcd by Samuel +. Cary, to adopt
paper currency as the only true and, law
iul currency OF the land. The speaker
then went into lengthy discussion Of
the special adaptation Of coin to all the
uses Of money, both rs u measure Ofvauc
and itself valuable, and referred TO cases
of emergency that did sometimes occur,
us he said, in the history Of u
nation, when it was actually necessary
that it should put It's credit into the cur.
FCDCy OF the country. That was our ease
during the war. 1t was n war measure
and was not justified on any other con-
sidcration. The Supreme Court took
that view Of it when they passed upon
the constitutiOnality OF the legal tenders -;
\ the language OF the Court in rendering
| its decision strongly asserted this. The
Judges of the Supreme Court Of the Uni
ted States had their political anteCedcnts,
and all Of those Judges who had Demo
cratic antccedCnls were against the con-
stitutionality Of the act known rs the
grcenback act, including Chief Justice
Chase; and all the Judges who had Re
publican antCCGlCnts sustained their con.
stitutiunality.
The Democratic party now propose to
pour into the country II fresh batch of
grccnbacks, and yet ii you shOuld double
that amount Of paper circulation, in Il
week the whole value of circulation when
doubled would be Of no more value than
the whole volume was before the inIla-
ton. The only effect would be to pro.
mote swindling.
Now let me ask you this one question.
II it il necessary To pass law to enable
the creditor to be cheated by the debtor
would II not bc less disturbing to
the interests Of all concerned TO pass
law compellinv all creditors to accept
fifty cents ON the dollar as full payment
ON the debt, such a course M this would
not be amy more unconstitutional than
the plan proposed. The speaker then re-.
irrrrd to the charges made BY the Demo.
cratic party against the Republicans, to-
wit: The injury to the business Of the
country by contraction Of the currency,
and in order to sustain the charges, they
assert that the interest bearing obIiga.
tions Of the government amounting to$l,.
9OO, 100000, have been taken np, but all
of this touk place before the first term Of
Grant us President. in 1869, and vet the
country never hnd greater prosperity than
during the four Years OF Grants first
term,
Now If the Democratic party should
come into mower, and shoul ID succeed in
thus uutting the pcopIc Of this country on
the broad Democratic road OF rcpudia.
iion. of course there would br great sni-
fering; but the aborcrs, the producers
who make something to sell, will suffer
the most. II will not-said the spcaker-
he the capitalists, but the poor fndustri.
ouq, and those Of small means. This, my
fellow citizens, il the argument of George
il. pcnlIcton that am using, and ii il
older than Mr.. Pcnhlcton, and more than
that. il il true. And there il another
scheme, and that is to make me Govern
mcnt bank Of deposit, and by the issue
Of 3.Gj bonds, by which the government
would be- swindicd at both ends Of the
transaction, and the gamblers Of Wall
street would make money at both ends.
Judge Taft confined himself principally
to the financial question. Before closing
however, he spoke for few minutes on
the school question, and said that II was
the business oI any Tree state to furnish
free education Tor the children OF all
alike, aL the expense OF all alike ny tax
alton. Free ed ucntion prevents crime; 1t
is the source OF universal suffrage. Pnb,.
IicschooIS are an nb'ol lutte necessity, AMI
the State must take charge, OF them ami
keep them IN her own hands, under her
own coh'r3I, l2u' furnishing popni,"r, .,. ~,
w b'' ho "ro,,;,"tcJ ' T." onv NO. s"c, @ Thn Caih".
iic Church insistrd mn making them Soc.
i"r;on /, ins;,I.nn ioncIin~ its rolicinn
viii ihc rLilirrn's education. Thai Ia
tho rnlc If thr Cotholic Church ns do.
riyci fran RoInp. nrrycntinv INV instruc.
,ion unI"ss romnlcI viii ihe CGiholic 70.
i;',;am H." % TLo C,,Loi;c TLurcL n,st y;oiJ.
IL" "a Si,,o r"u n"i v;"lG. shn nmsi L9 hI.t
onJ mi ;nnor,;"i @ % M inInrJ hi" Drnnt LuIwnrt
"f I ,Lo ri,;i,iron NJ ,I,o Stoto rhc NrcL.
L;sLnn NJ CiovoInrJ L,d issurL nniirn
,h"i No "hiiIron w"ulI la roniirmeI whn
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