The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1876-08-07

idenily laboring under the delusion that he |
can be both hard money resumptionist,
and a soft money inf itioni,t. He says, In |
speaking of grcenbacks, that the govern
ment sis bound to furnish all which the
" wants of business require" that the
amount Of currency necessary at given
time ''cannot be determined arbitrarily"
but that it should "ebb and flow according
"to the changing wants of business" This,
certainly, ought to be satisfactory to the
" currency reformers' ahd the lnflaiioniste.
1t is but the declaration of the Ohio demo.
Gratis, of Allen, and Cary and Ewing,
that the "voume of the currency be made
" and kept equal to the wants Of trade;"
that it shall rest with congress, a secretary
of the treasury, or the president to initiate
the currency at will, whenever real or
fancied "want of trade" shall seem to re-
quire it. This is inf 4tion pure and simple.
1t is the issue which was made aud decided
In Ohio and Pennsylvania a year ago, and
which, we believe, will be decided in the
same way again this year.
But Notwithstanding the volume of the
currency should be made and kept equal to
the wants of trade, he says that d" the OBJ
ject demanded by the convention is a re-
sumption of specie payment on legal
tender notes of the United States" But
| he tells US also, in the language of the st.
| Louis platform that the resumption act is a
" hindrance " to resumption, because the
law has been in force year and half,
and " no practical preparations towards re-
sumption have been made" And why,
| Governor Tilden, have no practical pre-.
paraton been madep The democratic
party have had control of the lower house
of congress, and while republican presi-
dent and republican secretary of the
treasury have recommended additional
legislation, and pointed out the
particular additional legislation neces-
sary for practical preparations, y
he house has utterly refused to
p 1853 such measures, to enable the treasury
TO make practical preparations" but, on
the contrary, have been endeavoring to re-
peal the resumption act for the sole reason
that ii stands in the way of imitation.
But be says: "Such preparations are
everything. Without them a legislative
command fixing the day, an official
promise fixing the day are shams. They
4" are worse; they are snare and delu-
sion to ali, who trust them" Does hi
believe this, or is he only endeavoring tc
explain his position" endeavoring tt
place himself In harmony with the St
Lou platform aud Governor Hendricks
by a spf ciously worded letter intended tC
dc iv,2 If he believes this, if he is hon
est in his atement. why did he not objec
to h bill providing for the resumption Of
sp Gle payments in New York, bl
fou ided on the resumption act If congress
Ii he believes this, if he is honest in BIZ
STATE m nj, why did he join with the demo
cratic mem ers of the senate and assembly
of New York, in urging and instructinl
the senators and representatives in congress
from that state to vote against the rep.a
of the resumption act? We will leav,
democrats to determine the question, sim
ply remarking that he seems to us to b.
very much in the same situation in refer
ence to resumption, that he laced himsel
10 about his "prlva,e and strictly confiden
"tlaT circular by his newspaper explana
ton supplemented by his sworn explana
l ton. By his own showing he is eithe
dishonest, or he has been endeavoring +
impose "sham," ''snare and delusion
on the people. He and the democracy ca
take whichever horn Of the dilemma the,
please.
Having shown to his own satisfaction, a
least, that the fixing of day of rcsump
ton without 'practlcal rrer"--'i"n mere
for ia al, . r-..n, lie goes on to shoS
that the government may prepare for tn
resumption OF specie payments, that it ma
fill its vaults with gold dollar for dollar o
It's currency, but even then it would no
be craftsmanship to resume; it still, per
, hsps, woul be policy not to resume; 70
i, he says: Even when preparations shal
" have been matured the exact date wou
" have to be chosen with reference to tn
"then existing state Of trade and credi
" operations in our own country, the cours
g. of foreign commerce, and the condition
" of exchange with other nations" An,
, yet he claims to be hard money democrat
= and while advocating repeal, has the hsrdi
hood to say that "an insecure policy in
" crea-es distrust" and ian unstable poll
, "cy Increases uncertainty" And yet
SAMUEL j. Tilden is Statesman" If b
does not pass muster with the Hendricks
, the Aliens, the Carys, the Ewings and tn
Pendletons, it will be impossible to fin,
6 one that can.
With 30 tquivocal, so deceitful, 81
Learned" a policy on finances and the re
G sumption of specie pay ments, it is of littl
, Use TO examine his policy in reference t.
1 other matters-for his statements are al
, "polcy,' not principle. Intended to deceiv
not to commit himself. Thus 10 referenc
to civil service reform, while avowing him
self in favor thereof, he declares that
" summoned by The suffrages OF my coun
ii tIymen"-that is Of the democratic part,
, to the executive chair, 81 shall endeavo
, y with Gods Lelp, to be the efficient in
" strument of lh,ir will What 'thei
q will will be, the country, unfortunatel,
, knows olly too well. Andrew jackson Il
, Illustrated it, ard ST. did Martin Van Buren,
g and james X. Polk, and Franklin Pierce
and James Buchanan. And SO have tn
present national house OF representatives
Fortuna ely, however, for the country, it i
thoroughly convinced that, for once, Sam
uel j. Tilden speaks the truth when b.
say, he will "be the IN ,ient instrument o