The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-02-12

As one man after announcer Is Drought W
consider it, it becomes more and more GER
tain that II is the key to the problem which
this generation has to solve. The IDEA OF
bond redemption for the prccuhacks has
gained rapidly from the start; and whtn-
ever public man OF real intelligence or
natural aptitude for financial studies Is
made 10 face IT, he is pretty sure to become
its friend. He is certain to become so. If
not h1mpcrcd by partisan considerations.
The progress of the Iues ion is thus en-
c0uiagiug. and promises an easy and final
solution of a very difficult problem.
1t j. a misfortune to the country that we
cannot unite upon a financial policy indc-
pendent Of politics. But the aspirations Of
individuals defeat such purpose and we
have therefore to pursue our way back to
sound currency through these him
ORANGES in addition to the inherent diff
culiies Of the case. All we can do is to use
the force of argument to coerce the poll
ticiansi and when we find a prominent
one on our side, to make the most of the
circumstance. We know now Of nothing
better to recommend than that all the
Presidential candidates shall follow this
example and come out and tell us where
they stand on the currency question.
BLAINE is sound on several important
points which we have many times de-
vcloped. For example; lie thinks the
present banking system the best we have
had, aud that IL is folly TO think Of over
turning IL. He holds that the substitution
of grcenbacks for bank notes is impossible,
because Congress has pledged itself TO
keep within the existing limits of four
hundred millions; and he ought to have
also added that such an issue would be
clearly unconstitutional. lie maintains
that after all, a specie standard cannot be
avoided in our dealings, and that il is a
great deal better to recognize II than 10
foolishly try TO escape from IL. He I'D
mts that the act of Congress requiring
the resumption Of specie payments in
1870 amounts to nothing, because no
measures have been proposed to carry it
out aud without them resumption is i'm
possible; and hc advocates the redemption
of the legal tenders in a bond bearing Il
low rate OF interest.
Here is Nj. DLAINE's programme, and
our readers will recognize the fact that we
have very often advanced the views he
presents, and we have to confess our
pleasure at finding SO apt scholar. We
are thus with Mr.. BLAINE on all the
points; and we now desire all the other
candidates to be equally clear and explicit.
BLAINE now stands as the exponent of
wise and popular views Let us have all
the Others out on the same points. He has
led the way, and the rest must follow, or
he will have a great advantage III the
race.
We therefore invite Gen. GRANT aud Gov.
MORGAN and senator CoNKLING and Mr..
MORTON and Mr.. WAsHBURNE and Gov.
HARrRANFr and Gov. HAYES and all the
rest on the Republican side to show their
hands; and let Gov. ALLEN aud Mr.. PEN
DLEToN and Mr.. HENDRICKS and Senator
BAYARD and all the rest Oh the Democratic
side do the same. We do not call on Gov.
TrLDEN, since he published his views at
length in his annual message; still, he per-
haps might advantageously issue Il sup
Elementary chapter, but let him make it
short
The candidates, one and ALL including a
great many whom we have not mentioned,
and who doubtless think their chances as
good rs the best, cannot afford to be Silent
under Mr.. BLAINE's challenge. We trust,
therefore,we shall see lively competition.
II there is an essential diversity of views
on the subject, let us know just what il is,
so that We can have an intelligent canvass.
But II will be much the best II all the can
didates will also adopt The suns policy,
as Mr.. BLAINE has done. This Will at once
equalize the competition and restore our
freedom Of selection. As the case now
stands, our readers must see that Mr..
BLAINE has bid high for THE SUNs sup
port; but this is an advantage which his
competitors cannot wisely permit hun
long 10 retain.
We have to say, however, in regard to
Mr. BLAINEs politics, that we do not like
them at all. lie represents elements of the
Republican organization that have had
great share In producing the discrcdit
that now rests upon II. Besides, he makes
statements that cannot be maintained He
says IN this speech that the Democrats are
rhe inhationists and the Republicans are
not Now, the fact is that the most promi-
nent, most laxative. ana most persistent
intiationists known to our discussions, are
BEN BUTLER, Pig Iron KELLEY, and HENRY
c. CAREY, all from the front ranks of the
Republicans. This looseness Of talk may do
for the stump, but it cannot be tolerated
in n nQNa al Anfa faW a