The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-08-08

I mere to-day Ms HYPOTHETICAL ana treacherous dc.
signed In the nrst place TO enect tne eestructo1
OF national banks and then by their volume ana
by decision OF the courts TO destroy the green
backs themselves and pave the way for the res
toratIon OF the old state bank system. The state
sovereignty party Will never stop snort OF state
banks. A national currency whether or green
backs bank notes. Is hateful 70 mat party Wnlch
aenors the national idea and declares that there
is not one nation but thlrty-seYen indepenoent
and sovereign powers. Tne party "s ao1
federal assumption can never De me
irlend OF the greenback which represents
the highest Term OF national sovereignty Every
year the proposition has been brought forward IN
Congress 10 repeal the law taxing The notes OF
STATE banks, which drove those banks out OF
existence, and the repeal OF which would again
open up the noodgates for public and private
robbery by the establishment OF tnnumerablo
kiLing and worthless banks In all the states. Only
last year MI. Thurman ana every democratic
Senator voted for proposition repeal that law
which was offered as an amendment TO a finance
DILL Tine restoration OF the state bank system
means as many systems OF banking as there
are States, violent expansions and contrac-
lions, hundreds OF broken banks aud millions
OF bank note trash dying in the hands OF ths
people. 1t means the western ana Southern
States shall again pay millions OF tribute TO the
Eastern States in the Iorm OF exchange. 1t means
that the cltzen OF Ohio cannot pay his hotel bills
In New York or Boston with OaiO money without
suffering shave or buying Eastern iunos. IL
means that no man can receive the price OF
horse without examining counterleit detector
TO see that the money Is coed or that the bank IA
sary to the State rights democracy. The party
that denies the nation and hates everything ma
rensy State sovereignty and State banks are
twin relics or the times that We fondy nepe have
passed away forever
THE CEHTENNIAL.
The celebration OF the cen tenary OF the Declara.
ton Of Independence on the Fourth OF July, 1915.
Will be peculiarly grateful to the members OF Tno
republican party. That party had Its origin and
development in the immortal principles OF tnao
instrument, and to Its hands, under divine ProVl-
dence was committed their anal Accomplishments
The defamation that all men are created equali
that they are endowed by their Creator with GER
Iain nalien able rights that among THESE are lie,
liberty and the pursuit OF happiness; that TO Sc
cure these rights governments are instituted
among men, deriving their just powers rom the
stone OF the republican party. IL Is the
grand platform upon which we stand to-day
upon which the Union has been preserves ana
slavery abolished, and the political and CIVIL
equality OF all men before the law established. Is
emoodies the principles of civil and religious lio-
erty upon which our government, alter nearly
one hundred years, now stands triumphant, ana
which have been impressed TO a greater or less
degree upon all the civilized governments In tho
world, by whatever name called In lib nrst sem
tence IL proclalfns the grand TACT OF the national
unity by describing the inhabitants OF the mir
teen colonies as one people about 70 dissolve
the political bands which have connected
them wish another, and to assume among the
Powers OF the earth the separate and equal
station which the laws of nature and OF natures
Goa entitle them. The existence or the naten
thus asserted in the beginning s grand luhaa-
mental fact IN the creed of tue republican party,
denied for long time In SEINE or the SIatess
crushed to earth by the rebellion, resurrected IN
people. The Declaration is the rock upon which
political church is built and sue gates OF nell
shall not prevail against It. 1t Is the gospel OF
human liberty the grand platform upon whGn al
descent from Hamilton and another from jackson,
1t In the proud privilege OF the republican party
to claim for It's ancestry the fathers oil Inc reVolu-
tion ana their nrst declaration OF principles Ior
Dla tfOrm.