The Lambertville record. [volume] (Lambertville, N.J.) 1872-1968, 1875-10-13
rIxAxcIAL DIrrEnENcrs.


Mr.. Wendell Phillips is pedagoguing on the
subject of finance in the true Boston style,
and has published letter in the New York
Herald criticising the Ohio speeches of Carl
Schurz. Those who have had the pleasure Of
reading those speeches know how pungently
direct they are, and how entirely they repre-
sent the opinion Of man of brains who has
acted and reasoned. The Cincinnati Com
mercial, however, thought that Mr.. Schurz
ought to reply to the diatribe of Mr.. Phillips,
that silver tongued master of slang, telegraph
ed him for an answer and Friday published in
the Commercial complete demolition of all
Mr.. Phillips facts and argument. 1t is a long
but very readable discussion Of the topic and
cool as ice in all except the preface, which
is just comfortably warm. 4. German Ameri
can, living in st. Louie, dares to speak of a
Boston Pupdit in ..nis wise
DEAR SIrg. Last night I returned from
Ohio an.d found your despatch intimating a
deSire that should promptly reply to the let
ter of Mr.. Wendell Phillips, published in the
New York Herald of Oct. g.. have just read
that letter, and consider it scarcely necessary
that should answer it.. Still, if you desire it,
| will devote few hours to the task. Mr..
Phillips is not known as an elegant writer
but the tone of his letter is 80 fippantly Of
fensve, SO small and supercilious in personal
attack, that should have been inclined to
consider 1t a hoax, had not found in it a fair
collection of those crudities and startling mis-
apprehensions of principles and facts distin-
gushing all Mr.. Phillips productions on the
subject of finance. l will take up seriatim
the four points of my speech which Mr.. Phil
lips attempts to disprove.
Thereupon he proceeds to show, in calmest
argument, how entirely incompetent Mr.. Phil
lips is to the issue. Mr.. Carl SEIZURE should
be squelched for irreverence. He attacks the
Brahminism of America. And now comes an
other from another school Of wisdom in the
person of Gen. Gideon j. Pillow, of Tennessee
who has scheme of finance which might pos
sibly harmonic with that Of Mr.. Phillips
Gen. Pillow anxiously inquiries:
Why not call in the bank notes, and with
its greenbacks pay its bonds and save this
$23, 100000 of money and tighten to that ex-
tent, the taxes upon the country If it would
do this, and make its greenbacks receivable
for import duties, and reduce the interest on
its bonds to three or four per cent, and make
greenbacks and bonds convertible into each
other at the pleasure of the holder, it would
reach at once a specie basis.
We guess 1t would. The theory is SO per-
spicuous that it ought to work. The Memphis
Appeal, which prints his letter, says that he
puts himself squarely upon the Democratic
platform, whatever that is. But Gen. Pillow
is and has been sometimes inconsequent in his
ideas. In one of the battles Of the Mexican
war he rode up with waving sword to a bat
terry and shouted "Open fire at once The
crisis has arrived !" The commandant of the
battery instructed the sergeant to blaze away
The sergeant innocently asked, ''What at I? u
The commandment was enough for the occasion
and Numbered the order, Fire at the crisis
you scoundrel. Didn't you hear the Genera
say it had arrived2'' And now, in odd com
partnership, Phillips and Pillow are both firing
at the financial crisis. Like great many 9th
er people they are sure it has arrived. Pillow
is minus about three hundred slaves and Phil
lips short of lecture engagements. Something
must be done. Daily.