New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-02
E&-GOV. CRATE BROWN on FINANCE
AND TIE PRESIDENCY.
THE WAY TO RESUMPTION THROUGH IMITATION
lNs'FD OP CONTRACTION A DEMOCRATIC
PRESIDENT LIKELY To BE ELECTED.

THE WAY TO RESUMPTION THROUGH INITIATION
INs'RO oP CONTRACTION A DEMOCRATIC
PRESIDENT LIKELY To BE ELECTED.
From an Ia.srUi,w 10 The Ciacin.oti Commercial.
] have a notion to go over to Ohio and make
speech In the carlpaign there for AlCn But IL Is not
much AI,n about IA tho financial attitude OF
reasoning people ace at The position Of inc rary
sound and moi inconsistent with correct principles Of
own mind Though may not r., ahle to formulate ii IN
conycr'aon II istis: hold that The effort 10 bring
about srccie resumption through contraction flacv
That while DO not distinctly call for initiation, ohsl
iense he administration prty TO The proof tha to con
tract the cnrn'ncy f. TO hasten the day % resumption
Am not obiiviouS of the adv autdg ~ having uni
c'ration Of National i debt t" Of q 600 AL ond
and IN reality form of currency, has altered oar tei
Is phenomenal Jhe cry OF TO country FOR avocation
Tor nslncss the necessity Of tie iour aud me year.
think can put the Administration Marty the onus OF
ae,hdng the depressed condition ~ the people and
hold that the National banks ought to be absorbed in
the i0N,ihhct and the Gr'nhlcE ierlice their rul-
rrncy. For what theS banks existing Upon excerpt
tue credit OF the Government! They IA institution
between me people ana The currency, adding 30 orr bur
den~ by their eNacOn~. and enjoy ing almost monopoly
of what should be- the Governments oHn iunctiouo
Issue currency. would beau by taking from tho~'
banks thar monopoly - the Government crrd After
The srrcnack has become the only foin of currency
the minds of men. Tnen ! would make the ercen.
back IA whole o. in part Icceir-hle for customs
nuim'' ana mus Instead Of tue Government " 'uI
ing gold. IL dos. The enlarged the gr"ci
back VIII bear" .od. rhc Great 81 The Goycrufnpu Of
tn United s;aos sach can is 10y
borrowing gold on contract ~ ;cry loW steady 1I,o
Al PR sert Inc Govcnncnt is the principal ~ hoder ~
NJ rate -. golf H. IL always huying lar 4rOur'
ana c"i"lug Diner people "a do tn same. O nay thf'F
Gus "Is dhtIeS ~ sou nb-erNc ,a en- atf t
var gold a III. II IT, G0'cunoat - eNc rcGit
!" IL" Own notes, th' whole moral power %. n" ~
states viii pc eN"trd IN favor Of the lcenpIok. The
va! Z" -c,lc pay mons, Affirm, NOT 10y c'ntfprtlon
T. maj not be bt nh' but l. 10, abe am aIion
oi ihc s..rBiack ln.tc i Oi ito DEGRADATION.
explain 70 Gov. Iiovn that va, sill i"c-'l 70
hhoM h"W contraction ""a not the way 10 -rtcio Pas
y, nus y. All;
y"hu' tA'hs N'e which are banhanir, ~ inin-rhhu
ll 'l, Sli !rhrj. Iie~" bond, rr% -'pplt .h' p.' 90
cotton 20 give ia risi c..dt .u Ear pr. The
,Hh9 NIli T.. them TO meet y9nr not J.'ic ire "'',
,ii'l "" Thousand millions ~ them Nuu don't con- ic
ma. crroncy. 49,, sou Il, oontI..t thr snli M o
nee ary for ur iy i,4nsrry yon ic' ne :; ona
bans n-e al ile bonds il vii hli y'u 'at The shol-
hctl'.7 currency down. Ahi do h.N t" ih'i ,r'
gro" i1S r"No~ Of the boHd over -" ~, 1ba' j. .
source IT r"ria'y ami ~ ha'd t"'"- i''fe "l" ail
IN ciincs ol work. Wiling People, Ocd ops. ii;l
poi1'ion, pilIc crrt-and SIN tIc wheel, %, traffic
ar "'iao. stopped. The oaio campaign Is ~ al'" to
present 'l- >itl' "l INNS I" i' ,rniIc lh' i"r
r"lt - idrc. and tn Nogcr;in, n cul"' ,ig ere" d
one "t employ mrni. aud hard times .rng'- harder o
what aNat i"ls IL 10 a hat az" ualue 81 tr country
hess i" le 90 ire N'"ir onm-' arc Fr.inr h'ih 80
~ hlr..,l an! ., Sia q ,-..' eH Hp T. 80 ''
',."Pi-h io ',s" TIA" niu"Nc. 1t lut DC A""'n'-
trtD"r party 81 iir .lritu.i,c.
d,n't .c how the Democratic plrtv ron re beaten.
A. :" IL cant y .'s' 't" u fDna d'hi lih'r i h" u
SpGScI ul. II.n !iics. -,.Ild sut Inr ti,, a.. -
rubi,an- "l nonir ,e Was !'u'u'. Tie has God lcc-
nlt ana now LOW lu luai iili.i % ci-l u.iolL
TOY. RroNn. dan' Won tEuk secretary Bi-tow ia q
ii,!ns candid ltc i"T toe ticst' n"v I
liz dl ee, tIT iu an2 h!H at an. r Eou aH"W
i'l' ana ' in in &c. So' u, ne" ''
ticr duty to- reward any hId. They IL" p'ri' it' "a
CAV. Cnu.ndeu r,ccs pcd:c, aud ldHy of th. cia.s.
h'iey" p tov T. BE- acfIIt.. ny thu ,n. 81 hone.
IL .ry be w.ud MOI sc,u IT, BIZ he wound not tulm Ont
81 ihc "aJ oi lis ddij 90 sio'p l'f It.