The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1876-06-21

4 SAOuhQ tnot nO vas VI duObncE bbhtc. o0l
Democracy rallies to the support of the
nominee If he be Democrat, wherever he
may live. But Governor Tilden's position
towards Indiana and Ohio is unfortunate
to himself and the Democracy of these
states. The Democrats think he,
and the newspapers in his SUP
port gave their influence to the defeat OF
Gov. Allen in Ohio last fsll-thst, If their
support ard sympathy had been given to
that distinguished man, he would have
been elected, and the contest OF 1876 snb-
santially settled. This Is the trouble in
the way of uniting the Democratic vote of
these states upon Gov. Tiiden. 1t is more
his fault than theirs. His voice should have
been heard in sympathy with the Democ-
racy OF Ohio and Pennsylvania last fall.
Now, the fact is, that this difficulty make s
it uncertain whether he can carry eth T
state In October. II both states are lost 10
October what becomes OF New York and
New Jersey In November?
Eighteen hundred and seventy-two ar
swers that. The loss OF Ohio and Penn
sylvsnis and the balanced vote of Indian a
in October carried New York, New Jersey
and .hany really Democratic states for
Grant In November. The result in Octo-
Der swept the country. Is it not madness
now to expect it to be otherwise? Where
Is Governor Tilden's magnetism or power
| full influence that can snatch victory from
the midst of defeat? He has no magnet
| ism. Whoever carries Indiana and Ohio
in October will carry the close states in
Nov mber. Can Governor Hendricks carry
Indiana? In 1872, when all the current
we're strongly against the Democrats, and
over the entire North defeat and dis
aster marked the field he carried this state
Strong men were swept down elsewhere.
In but one locality in the North was the
Democratic banner sesn at the close OF
the contest-it was in Indiana, and it was
upheld by Gov. Hendricks. In New
York, that able and popular leader, now
Senator Herman, went down in the storm
with toe banner. Two years thereafter,
in 1874, in the middle of Gov. Hendricks
administration, the Democratic ticket was
elected by an average majority of $4,000,
a gain of nearly that much during his ad-
ministration. We have no hesits-
ton in saying that in the
event of Gov. Hendricks nomins-
ton at st. Louis, Indiana will certainly
be Democratic by a large majority
We also think it possible, indeed, very
probable that he can carry Ohio. His
support of Gov. Allen liz 1875 has attached
hn ~ hat o.
that he will receive their earnest support.
Having carried Indiana in October, why
can Gov. Hendricks not carry New York,
New jersey and indeed Pennsylvania in
November? The Democracy of those states
Is not sectional. We understand that
his views on the currency are objection
able In those states. How is that?
He does not occupy extreme ground
upon this question. He stands
where the party may stand and be COR
daily united. In a speech delivered at
Zinesville, in the Allen campaign last
fall, he expressed his views very plainly.
We give the following brief extracts as
correctly presenting bis position upon the
currency question:
Having stated my objections to the last de-
veloped financial policy of the adm nistra-
red what said to the Poop e of Iudiapa last
year in respect to specie payments: 18th
EXPRESSION In avor of a return TO specie pay
ments Is very general. but the real question is
when and how car that be accomplished? So
long as The supply OF coin is SO small as com
pared with the p sper money, it is impossible.
commercial disaster. The people SO be.
lieve No sentiment attributed to Mr..
greeley in 1872 was more hurtIu to his politi-
cal fortunes Than the d. mand for immedia:e
specie pa mepts. To render Ii possibl', with
out hurt TO the countr, G in ana ps per must
some nease, srgetn er In 9Tan' ~ ney VII
shall that be brought about? BY reducing the
paper currency? With the present burthen
large vo. ume OF 9th r Indebtedness 10 be pro-
vided for, that can not bs borne.
4 would cr.mp Business S.d,nss and parsl, 1 .s
specie payments more earnestly than myself
for bell We gold and silver are the real sand
ard Of values, uniye haa and permanent: AS
ence of commercial ediums OF different VAL
ues-one description Of mouey for one class
and purpose-ls too serious an evil to be long
| endured d. AL the money of The country should
| be of ua form value, and readily convertible.
| But Dot in that condition. Oar paper
money exceeds the coin by nearly five dollars
| to one. How will we bring them nearert,-
gethef In quantity, that they may approach
the top and tear down, at the bottom and
| builh VI? Business, enterprise and labor, every
| i'm port anti ter stof the try demand that
the volume of the Gu reDcy be maint ined to
| IN ct their requirements; bur every interest
will be Tengthened by increasing the supply
of coin. How is that to be accom- lished? By
| encou aging an increase ed prod uction of cur
great staples that command the foreign
market; by reducing our expenditu res in for
| eigu purchases; aud by reversing the fatal
pUlicy which has sought TO maze our debs a
| foreign debt. When we purchase less OF for
| egn good, and sell more of our productions
| abroa, and cease to pay so mucu of the inter-
| est our oebt abroad, anu pay IL to ur own
! cit zens the current OF gold will turn towards
our shores, and then specie payments will be
| come the basis o, an euduring prosperity"
| AS soou as the business Of the country md
/ the condition OF our European trade wi JUS
/ lily the op MON that gold Is accumulat' /,
| and likely 10 renal, Congress may safely fix
the time aud provide for the REDEEM tion of
| the treasury notes.