The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1875-09-07
what a Republican who Thinks
for Himself Sayy. ,1. 80

Col. MONTGOMERY, late editor OF the
Logan Republican, belongs to that class
of men who follow their convictions in
stead OF blindly following thei- party
leaders. These convictions have led him
to take the peoples side Of the money is
sue,I and taking this si;le has brought him
to act with the Democrats in this cam
paign. He is announced for number of
speeches, in which he will set forth the
reasons which have impellei him to his
present course, S)me of these reasons
may be gathered from recent letter of
| his to the Republican He says:
tits no '.new role" for me- to advocate
more money for the pa,ple L, 1868
when the Ohio Republican Convention
said the volume of money shoull be kept
up to the amount of business, I agreed
with them.
In 1873 President Grant sail in his
message to Congress: "Tne experience
of The present panic has proven that the
currency of the country, based as it is
uron the credit of the country,is the best
that has ever been DEVISED" and agreed
with him.
When the same President Grant said !:
'.It is patent to the most casual observer
that much more currency is needed to
move the crops in the fall than during the
dull season." fully agreed with him =
And when the same President said 81
do not believe there is too much of 1t
now for the dullest season of the year"
fully agreed with him -
When the same President said "Suifl
cient currency is required to keep all the
industries of the country employed, or
national as well as individual bankruptcy
must ensue," fully agreed with him =
When in 1874 Republican Congress
passed law increasing the volume of
currency, fully agreed with them.
/ So far, then, there was no "new role. !"
But when John. Sherman, with the aid of
packed Committee on Resolutions,
makes our State Convention say we are
in favor of very much less money, it
would be ''new role for me or any other
Republican to stultify the record of the
party by sustaining him. For specie pay
ment means the most severe contraction,
and contraction according to President
Grant, as quoted above, will stop the in.
dustries of the country, and national as
well as individual bankruptcy must en-
sue" ar
A vote for Gen. Hayes then, according
to President Grant.is vote for ''national
as we'll as individual bankruptcy" 1t
seems to me that for the Republican par.
ty to advocate national as well as individ-
ual bankruptcy, is a decidedly "new role,
and as staunch, unyielding Republican,
l am entirely opposed to it, and believe
a majority of our party are of the same
opinion. Am
| No one can regret more than do that
our party is placed in this position. But
the issue is made, and every vote cast
proclaims to the world a financial senti-
ment. Contraction, according to Gen
Grant, means national as well as indi
vidual bankruptcy" Gov. Hayes advo-
Gates contraction. Those opposed to
this have no alternative but to vote for
more currency. Gen. Grant says suffi
cient currency is required to keep all the
industries of the country employed or
we shall have general bankruptcy. Allen
represents "sufficient currency" Choose
We