The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1875-09-13
THREE CHEERS FOR OLD PENN.
STLTANIA

Our readers know that we have not
professed to be Democrat; and certain
ly we cannot take rank as Republican
we represent the ''come-outers' of both
parties. We have held back from the
Democracy simply because we doubted
whether they had the capacity to grasp
the mighty issues of the present and for
get the settled issues of the past. But
names are nothing and the man who is
governed by prejudices is next door to
the savage. And now the course of the
Ohio and Pennsylvania Democrats has
been such that we begin to have faith
that the powerful organization of Jetfer-
son and jackson is renewing its youth
like the eagle
Witness this utterance of the Democ-
racv OF our native State, Pennsylvania,
the other day:
VII. That the contraction of money, cur
rency and circulating medium heretofore
made by the Republican party. and the fur
view of forced resumption of specie pay
ment, has already brought disaster to the
business of ihe country and threatens gen.
policy be abandoned and that the volume Of
money be made and kept equal to the wants
of trade. leaving the restoration Of legal
tenders 10 par in gold, to be brought about
by promoting the Industries Of the people
and not by destroying them.
VII. That the policy already instituted by
the Republican party Of abolishing legal
tenders, and giving the national banks pow
er to furnish all currency, will increase the
power CT an already dangerous monopoly,
and the enormous burdens now expressing
the people, without compensating advan
tage and that all national bank circulation
be promptly and permanently retired. and
full legal tenders be issued in their place.
TX. That public interest demand that the
government should cease to discredit its own
money, and should make its legal teLders
receivable for all public dues. except where
respect for obligation of contracts requires
payment IN coin.
y The extinction of the present rational
banks and establishment in their stead of a
system Of free banks of discount and deposit,
under such regulations as the States respec-
lively may prescribe, and no paper money
except such as may be ISSUED directly by,
and upon the faith of federal government,
affording practically currency based on
gold aud silver and other property Of the
whole people of the country.
What ring there is to this! How lu-
minously its truths stand out! How
clearly the party arrays itself on the side
OF the people, the struggling common peo-
pie as against their oppressors How
boldly they put aside the Establishments
and the threats of the capitalists of the
land, and then how keenly they cleave
through all sophistries and false logic.
Well done, Democracy OF Pennsylva-
MIA! What pity it is that the Democrats
and Liberals of Minnesota did not have
the sagacitv to rise to the same grand
level. But some OF them wanted to
'.snub Donnelly; J" and others were mis-
led by shallow talk about 'rag money
and the good-times which were to come
with specie-Payments, forgetting that in
1887 and 1857 we had specie payments
and with them the most destructive finan-
cial convulsions the world had ever
known. And thus the North Star State
instead of leading the gallant hosts o.
Reform, halts in the rear, mere tallow.
dip hid under Col. Robertson's hat.