, 1875-07-22
DO Is a Hard-Money Man, but Sees
Detects in the Contrasts
System.
Tho Maryland Democracy In Statc
Convention ut DAlti-
n0rCs
An All.Day Fight 0vor the Credentials
Of tho Baltimore Dele
cation.
Neu York liberals GravitatjnE Toward
Tho Republican Party.

Tho Republican Party.
THE OHIO. DEMOCRACY
rEspLnrok On THE CURRENCY.
qa111roL1s, O., July 21.--lt is estimated that 1
fnlly 1900 persons ATTENDED, tue Democratic
meeting horo to-day, coming not only from thls
but surrounding counties. Col. JOHN a. sanco
presided. HpoccheA wore n1ado bY GOV. hhan'
the Hon. George II. pena!eto5'. ard othcsa' air.
pondleton opouol by stating that 1t was thirty
years since he had seon this city, and tcfnhfRod
that tho voyage tl,on waB difficult ole. Attef
touching hri,t,y UPON tho cau4e Of hta coming
now, ho bsauched out into politics. Ho
spoke al tho meeting Of tho Republican
Convention ]ant year. md thu cla!ttls til ita
platform, hut mid that this yoar Il tu.cs ita
voice to . different key. and only declared itsol'
.9asoa ~ aaoaf o e chnre S"' md sas 6poa :ese
he said tho DnnIocrnts conta hnEn no nfENahehs
viii, the Republicans. aud lie quoted from tho
platform to show that tllc Democratic parfy
would uphold tho stato Constitution in this ro-
apoct uo Interpreted tho platform to mean
aAdi.oronco to tho principles, Of Gov
arnnent estsh''Rhed BY y,.roasno,,,s thy iashs'a
ono department upon smother, Of by the Foa'
cfnl power upon tho constitutional riahtH OF the
btatca; cqusiity bcfufo tho lav OF all citizens;
ono Presidential term; rotronch1nont wLeroVor
there IL oxtrhshKance; reform "sere'es there ~
abuse; 10 eu.,sidion; public land for actual sat
tlcrB; . talrT for roycnuo only; oqua! and o1act
ustco to all religions: tIoe secular eaucaltoa IN
public Rc1oos; opposition 20 hulnrtuarY in~a. 70
interference with socal habsta mt cs'sn!nn!, TO
malignant espionage, anu OIL financial questions
a CESSATION OF contraction, sound and sufficient
cprrpucy; promotion Of industries Tho sNycst
rond to tho appreciation Of napes to par wttIi
gold; grecnt'acks Instead Of NR!onaI l'an!t
notos; grcnnhaeks for cnstons TO TIC extent
that tho ntccssltioa ct tho Government will
permit
resented. It called for q currency equal 70 the
wpnth oi tralc, anil that Ao c!aiMed waa q tHtinE
measure for tho volume Of currently. Every issue
Of tho Government paper, whether jegal-tendcr
mt, eyory restricted bank,isr- has boen
an effort to make uud kocp CURRENCY equal ao-
cordlng to the ]utismout III Tue Government, 10
tho wants of trade. 50 with every frcn bank
iuR-+ystem. Tho Democrats do not favor do
prsciated currency. lie thought ho Interpreted
sAo orinfoa ot the narty aud platfosn' '. Wton he
tho basis Of cnrreucy; Vat . paper
currency should be convo:-Ale into coiu
It par; tint the party dos.so. return
to specie rayueuts "a apeo3ily % tho lntorests af
labor and busiuoas will permit; TINT we would
bo glhd 10 return immediately, II honor and
good faith and ,,l4tscn wand putmlt, and it wara
possible. Tho Democratic party II not now, and
unver hsa hoel,, IN fEror OF reputation III any
form: SO d" bsliosc 1t is our highest duty to
fulfill oil country'a obligations according to
Tho spirit and latter Of our molniHos.
We Mo not VOW, aud neyet hsya boon, In
favor Of a volume Of currency changing aud
tluctuattne according to tho whinls VI uartios Or
the interesta Of bankarn. or tho demands Of
reckless Spectators. but sufficient for tho eaHy,
active, economical Interchange Of commodities,
and II lxod and stable 81 tho nature Ut tho caao
will allow; Hnd, Bu long OIL wo nust haYp Gov
ornmont paper ctrrolscys we prefer greenbnck8,
which arc aound, and choap, and good to
National Bank notaa, Which, at the outset,
cost tho people pof cent. aud arc 1t Inst only
kedeen,able 10 Grnonbacka.
lie confessed that there wcso defects and dan-
gefa in this coin lasls system tint tho Bdpcr-
structure Of paper was larger than tho fouudh-
tion Of coin. aud that as tho BuporstrnctuEo
grows higher It grows wider and larger: but ho
would not diacuss to-day tho sncrit4 Of various
kinda Of currency. The present necessities to-
nand rolict that should bo promptly furnished.
uerepeatcd that he wan harl-nlonoy ma1i that d
steadily In Wow In Legislative action, and that
w.se HtatcamAnahip Will seek tho moana Of rccon-
clng sncl return with tho threo intorests of H.
bor, aud buslnoss, and Justice to the debtor.
Resumption eaundt bo foscol. It muet he tho
proper outsTuwth OF surrounding healthy con-
aitou, o. il will 10 neither beneficial nor porna-
nent. Vixen IL Congress he voted a3a1nss
the Leeai-Tenter net, believing the Law
policy bocamo intorwovon With our ByHtem OF
finance aud rrado, llo would sock atl tho good he
could find In It, lie would not abandon sl'ecin
payments, but ho would not ruaA ratAloasly
~ buaiaasa aud tho ruin Of tho 'dehtor. Tla
Democrats eatnbltalel tho sub-trtasury systcm,
nd md tue Government, In 1881, patd nothing but
goa sud ID. 81, s.lset. hepGb1esa conssoas
National Bank act Gold aud a'lvor ceased to
circulate. aud in 1865. thB various insnos OF
paper money had zenched an enormous sum.
Then commenced the Republican Bystem Of
6nance,-to contract tho currency. aud. Il
necessary to this cud, ncreaBa tho lntetost. pay.
Ing dobk and contraction hns boau ateadly
going ca. Wlsn tho decreaae IN currency has
bean decline in the prosperity and happiness
condition o{ silirs which all lcol too keeny tc
mako description necessAry. To-day tlore il
more property for sale OH execution by Bharlfi
Of Ohlo thsn ogot before. Gold aud paper
ssand to-day 4 difference Of II per cont. 4
Acans claim contraction as 4 remedy fol
theao things. Congsess has psassl law DE-
Glafing that A, resumption nhai! take place II
for this by buying gold aud a'vcf. Evory dolls
ot eola purchased with bonds for she redamp
non of 9feenhaoks adds to the anpual interest
II n tha olu atnry Of fnnding debt which paye
r showed u comparison thst tsas tisssss a.posts Ssss
nouE, wheat, Cotton, petroleum, meata, turpen
t.l'sn t'as, tsio* ~ ss7 t8essSS s &c sad timber hat
eamea th.t W I'D essn s%n snss l..t ssas sn
both endH::, Ths De.nocratio pssty points 70 !,
middle pash u tho way to safely sh4adon al
policy Of oGnsraotiop .: Stop .inkerlng With th
ton dive stability for ! Tina Give husi,'sasf
moment e royire. Promote Industry Ind pTo ps
ductlon. Stimulate essentetpreo by the ptospsct d
gsin- Labor moro and spaad las4. Tho Nsos
arsmoya, Of every Obstacle, ths presapea a
avery nd. Fair prices. steady masIets, Tsa.l
Gales ara alds, and to secure these : susaclan
aad sound currency and !ow interest ne indis
psnsAbls, and u thare 10 added lon taxa. nd,
beonomy, simplicity Of government. purity Q
Naturalization, thAs motion viii bs oonttnue
Ind accelerated.
MISCELLANEOUS.
THx MARYLAND DKMocRAcY.
BALTIMORE, Md, July 2l.-Tha Democrat
Coov3ntton osgauized BY the selection Of 81,
HADRon Archer ~ tarapQrarY Charman. AL.