The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1876-03-23
The direct cost to our people on
account Of the items Of interest and


The direct cost to our people on
account Of the items Of interest and
imported goods, chargable to our de-
preciated currency is SsS, ,000,0 900 an
nually. Is it any wonder that this
great annual loss has interfered with
many industries, and filed the land
with ,ramps? Other illustrations Of
the same point were given; and |
take upon me to say that no man can
gainsay the facts or refute the reason
ings passed upon them. They COM
pletely turn the tables upon such f.
nancial madcaps as William ID. kel-
ley and the Cincinnati Enquirer, and
show that the prostration of indus.
tries is due to the enormous waste
constantly entailed upon US by our
redundant and fluctuating currency.
And this is the main practical
point IN all our reasoning upon the
currency. Let the people understand,
as is undoubtedly the fact, that our
fluctuating, inconvertible currency is
constant and immense drain upon
their resources, and they will soon
send the batch of small statemen who
clamor for "more money, which IS
not money, to the rear and to that
eternal condemnation nhich sooner or
later visits oil those who undertake
to give vitality to shsms aud hum
bugs.
refer thus at length to Mr.. Da-
rand's very able and outspoken
speech in behalf of a speedy return to
specie payments, not only because it
is in itself worthy of favorable Judge
nent, but because there is a po!iti-
cal lesson of value IN it and its con-
nections. His predecessor in the
House was a noisy inaationist, though
calling himself q Republican. His
majority in 1872 was nearly 6,ooo.
Durand beat him in 1874 by nearly
1000 votes, making fair and square
fight for hard money against soit
money nonsense. Two other yoclf-
erous inflationists Of the same State
went down in fearful defeat before
the same kind Of blows. The perpen-
dicular Republicans Of upright Mich
igan thus emphatically condemned
the sham of inconvertible paper mon
ey. The lesson is, the sooner we let
these shams and incompetents 60 to
the rear, and go to stay, the better.
We must make square fight iot
honest money, honest administration,
or We shall be beaten, and, what is
more, we ought to be.
greatly doubt whether the honest
and sensible u.terances of Messrs.
Willis, Seelye, and Durana will be
sustained by the Democratic MAORI
ty in the House. Caucus after eau
Gus has been held, in which the bal
looming of Sanders or the demagog-
ism Of Holman has had about as much
sway as the craftsmanship Of Thur
man or the good sense of Mcdonald.
And the party is hardly as near
definite policy as it was three months
ago. In a word, the House is using
nearly all its time and strength in tho
business of President making. With
this object two things are agreed up
on. First, large reduction Of ap-
propriations for. the time being; sec.
ond, Investigations Of the Republican
administration in all cases where
there is suspicion of abuse, irregu-
laries, corruption or crime. This is
the Democratic programme. 1t will
be seen that there is much of old
time partisan shrewdness in it, but
not particle of statesmanship; that
it may serve the purpose for many
political clsp-trap, but cannot touch
the great political question of the
times--a system of honest hnance
through which, and through which
alone, the now soatrate industries of
the country may be resIored, and ne
whole people placed upon G plane of
prosperity and progress. ! have lost
all confidence in the Forty fourth
Congress accomplishing anything for
the reform of our wretched, our dis
honest currency.
lINkESSALE.