The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1875-08-05
Current Notes

Hoosier Senator Mcdonald, who used to
be hard-money man, jubilantly predicts a
great Democratic victory in Ohio.
Ii imitation has no popular strength in the
West, what power is it that is turning about
men like Gov. Allen, Gov, Hendricks, and
Congressman Holman, and Tightening Sena-
Tor Thurman? Would these men experience
such sudden conversion If the Western De-
mocracy were strong for hard money? They
nave never been taken for that sort of men.
In Ohio the money question is the main
question, and just so sure as times are hard,
and as radicalsm is justly held responsible for
the fact, just so sure will Gov. Allen be re-
elected by an immense majority. Altogether
tne outlook is one which promises for 1875
the most complete political overthrow for the
dominant party ever recorded in the history
OF political wa-fare.-st. Louis Times (Dem.)
The first speech of Gov. Hayes contrasts
very pleasantly with the senile utterances of
his democratic competitor. Gov. Allen, in his
new character as soft-money apostle, rants
and roars and makes a spectacle of himself
generally. Gov. Hayes quality can be Judged
by these sample sentences: Gan irredeema-
BILE and inflated paper currency promotes
speculation and extravaganza, and, at the
same time, discourages legitimate business,
honest labor and economy. 1t dries up the
true sources of individual and public prosper
ity. Overtrading and fast living always 60
with it. 1t stimulates the desire to incur
debt; it causes high rates of interest; it in
creases importations from abroad; it has no
liked value; it is liable to frequent and great
fluctuations, thereby rendering every pecu-
mary engagement precarOus, and disturbing
all existing contracts and expectations. 1t Is
the parent of panics."
The fact is, that the Democratic party,
though it has the reputation of having been
"hard money! party, was always almost as
much in favor of government money as of
'.hard-money." 1t disliked paper money in
the earlier years of its existence rather be-
cause the banks used it than because it was
paper. Jefferson thundered against the
the scrip OF the United States bank, but he
was not opposed to the issue of government
scrip. In fact, the present system of govern
ment issues may be found set out with the
utmost distinctness in his correspondence.
particularly in the year 1S13.-Neao York
Nation.
The Baltimore Gazette (dem.) finds moth
ing in Senator Thurman's latest speech to
qualify in any degree what it has said of his
position heretofore. 1t says: "There may be
double meaning put upon the utterances of
the convention by word,jugglers, but the
Ohio platform he's but one construction with
people of rich or low degree, and that is in
hatlon. When Mr.. Thurman commits him
self to the side he has chosen, he deliberately
accepts the risk of committing his party TO
false principles in the national contest. Dem
ocratic victory in Ohio might bring about a
result so deplorable, but the danger would be
SO Imminent that many as good Democrats as
MIR. Thurman will not share in the RESPONSE
biiity of securing it." .....'.'....
Gov. Allen gives as a satisfactory explana-
tion OF his change from hard money to rags
that 'rhe man who places himself athwart
the popular current will be carried away''
And yet across the river in Kentucky The
democracy are bowling for measures, not