New-York tribune., 1876-10-16

on o gold snd silver currency tho tton Of specie
pJymeu;s The rB, t.ng nerded FOR our trade TO re-
orc confidence 70 , i've ear commerce, re6sabltsh
prosperity is stability IN our financial policy Ihen
only viii il be possible 10 make sure business cacult-
tons the fute; ;eh only shall We see our former
y tsVerty rCtulu 70 IL.
No, fellow ctiz il you desire to keep in view your
material interest TIE coming elccton II yuu dc
sire 10 tsinteres of tne metropolis OF american
questioro winch party We TO look for this sound
financial policyl which party viii moro surely ana ana
succdilv restore 20 rs specie paymentsf That party,
every sensible ard patriotic citizen will admit deserves
tne V0ic ol every one no ms & hc i ~ arties
little more closely and let of which OF the two
worthy financial policy. All Of remember that there
hot contest last year IN ono ana Pennsylyann III
which the financial question was foremost AT that tne
while tine Republican party iodSht ior ana Sdyociel
hard IlChcy You remember defeated the Democrats,
i, m ~, n S-r, te ,rNion iche@rsl. Tor nv friends
permit me to had the Democracy prevailed the eyn
fi"a fever would have swept over the entire West.
Therefore you have every for these eheors NOW
al at the DemOctac party appears 'u represents
lse the great apostle as the promoter OF specie pay
mcnts When old sinners become piOus we nave every
reason prudcnily TO scgUBizc tEer octs LEI ne e1
anime for a the honesty Of the Democrac party
As for their platform what does IL say The beginning
Oi a plank financial reform in the Democratic pat-
form composed Of the accusation against lHr hepuOi
party that the latter has neglected TO restore specie
payments since the close OF the war mat ~ rue ana
tiy this omission OF the Republican party Dl;
what right has the Democratic party 20 e II 10 aceouo ~
FOR sucn neglect What has the Democracy done 10
hear them speak in that way one woh believe tey htd
strained aud muscle. HOW uOcS IL
that they SIT at thc rivers oi aDyo @ mn nj @ Tbo
Israel aud mourn at futile chortSi VIII teH YOU Inc
Democratic masses have most Obstnatey opposed any any
measure calculated To restore specie payments. Tue
Democratic party has ende1yored to suIy tae hane oi
the Union; has advocated rcpudiat0n Of the national
debt; every effort to undermine the phDhc cfedIt h.s
found support In the midst 0l ne Democracy WIN WIN
evYcy available power 10 has cOmbaed sound financial
policy nd the Democratic party comes ana nieAes
the accusation against the Republican party ta u I'
not brought specie payments. No, fellow citizens;
with suci a rotten bait no smart nice are cdusnt!
Laughter and cheers IN one sentence OF te patoTmd
trfa sound
IN the next it demands-whati The repeal OF
the only law on statute book providing Tor
the resumption OF specie payments yes the only law on
our statute for the resumption Oi specie payments
and merely Of a clause which indicates the date "a INC
H,mOcra assert That means throwing aust IN men
eyes. what tenor Of the Resumption act OF 1879
Ny explanation nai be rather dIy, especlay loF tne
laes nave to nilict II upon you, for we are ngDt
ing preat interests Section poydrs for Tue issue
OF silver in place OF or fractional currency it pio y
vision las no relation to specie payments section
aUUIshes fees of the mint ihdt also mas no IelI
ton 10 specie pay ments. Secuoh dDOlseS 'e
tiJn the issue Oi National Bank currency Hu! .0i-
low, reads On and after the lst OF January 1879
the Secretary OF the Treasury shall e,ieeIn any o,stHu %
ing Of The Uncd states Mhich are presenter ior
payment ia coin OF the United States IN sun ol nOt less
tnah 100 I1t y tHG clt"ae 'l1 i ''1 pt t
10 abolish. TLen follows TIE clause Whch enables tne
Secretary Df the Treasury to carry out las resumption
OF specie payments, by authorizing lm 10 maze use o
every soi bonds Oi tue UHed states described IN the
pu law into u execution; and 70 use the proceeds
ior the purpose before mentioned.
the resumption specie payments Tor the lst OF Janu
ary 1879 ana you will have no longer any specie pay
uen. H tus statute; a word, tAc law ceases 10 ne
resumption Idw and therefore say tn Democratic Ma
tlonsi Convention has demanded TIE repeal 0i the Ohly
resimpt.uu law upon oar Slitue-DOUk. Bcslles Wueh
tine question ol the repeal ol tls Ia" was pt h Iie
Democratic Uouse u representatives,, ~ DcmCcia'N |
voted favor and only - against sucA rpt-'i |
lGroansl That is your Democratic Specie-p@YmenI
But not ony does the law to be resumption |
law; il might also become an imitation iaW krurhOet
tnr cat,r Wucn dbOishcs the limitation Of National
bank currency That Is tho specie payment po-Icy o
thr DemucIatic party II there ever was bass attempt
at maud IL ms one; aud what is the coascqdehcct
hty A ! /
LrentHg POSt at the time hen the bli to repeal tue bt
Sumption act pending An Congress Go The following ei
fpct me repeal Resumption law would, as Is BE-
lcycd nrre clso IN dcr,ssOu of AmeI.,u securities
pal would Dc a victory uf the uilttion,sts'
Fcow-ciuhrns, that Is tAe ohect oi ihe Democratic
finance policy upon our credit I"e Resumption i1" hls
much merit namely. she elevation ot thc reu ton o
specie payments tu .ne dignity Oi national id-o. Ih5
breach oi tni5 pium'r - . uo" dl.c' ~ ",t '''oi.H
credit That / do not crt alone, QUO your DluO'rauc
pre-, also gives expression t5lL lpIml-t nave itdd II
Ia 4he Bo,ld and tie Acc-i0rk St.atsIst'~g lC-cers
ana laughter They, uot We have harn thr ,ttns s'a
that bowed tI,ir ueck' n repentance
D.MoCRA &c INCONSISTENCIES.
Now the D,i.,c4uc party hides itself behind the |
couagaly ab,ul,ty ,nat the establishment Of the date
wa an upos-iUnty for the resumption OF specie pay
mrIt,; just II could not pay note because tie date
OF t was giy-u LIT us looh straight al the truth The
SOFT money element n tac Dcmoc1tc party Represented
lr.f a., ,o great power tnat II though; necessary
o f r ,otlr coucr-siun t0 &c. namely GA. repeal a.! the
l..,i,,u1 1on law ol 1870. But not satisfied wtn Tia,
tu,, nominated the hard-uoney man I.dcu and the soft
money r % ldric1s. liIi,ses and cheers they nom
u frd flr lal money m'n III lch Q" Eet one CARS q"
c.,. and 100 o.i tim, 'ue Administered on, 10 Gas" -iuc-
tlu1 should b,l lltrn 20 which ail men are s"l''t
-5ond DIS, INTO fhr hands of the sutt-uonr' |
mau I.nJrcss Hardly was tuc nomination uitde
Wien these twO seuurmeh met at salatosL Livery
rt consulted about tIc ort 10. max NJ tine hlrl-uoucl
.Iu l.r colt md o., soinon'y man hard l"u-4ieil
money tlrn m frT.tclmi embrace. Hcndricss straight
,-.-,. II.icn with trembling legs n,c % 90 i,, ed
l.ltl
t. ..t.r uI acceptance Ui IliGo- colossal inNh..in
%. vurs-.ud after reading u ion coni' n,. it'i "hhi u
t"c i-St hu vn' sV,c ' 'r." H. f,c i'ii., 'nr,i
d. IT, ,'", It y.tr IL Mas considered g.cai
cratic rIr.y VA ScW-lOTK tO IdrIt harit-nun,y pat
'r' l,It ihe snlt,-i.u.ucd Tld,n has done more
any b1Iy else Il yuu stcn tO ' d'ocl'~ o tir S"t-
,iou., iuo, tncui-uc P,udlrtDus. the EWHgs, the Al
,at do you heart Way tuaJ Tdeu hI, lem great
AID &, t.r sof-uuusy movement Wherever iur Demo
GA c purty .,cts to carry so t-mohey man "Ith
s.,. ~ ias nominated him for Cougre,, AMI lab'rs
with ai possible emerge fut MS election me ietttfoi
acre, 81 alden mas done more tHAh iltt - 's
mi,cauly ana cowar y way at the Ieet oi 'he van
Wnat VII DE- lhe conscqurncei | hope We shall be
abe to prevent the DEMOCRATS -lhi- Iolue' .'',e''
cucy. Even the Aec- YORK "sH'S I''""g "AFi'tS rs
re ldrrs elect hardnony h'puO"cih ana to defeat
an iun ton Democrat " w.cr 'ot " san Po',np o, "on,.
I.i,, however, Is certain: Il You carry 'He Deor"Sl 10
victory, the sOunOncy men "i' nave an oNe'"il'"'
majority N Congress. WHAT "ll DC inc e3"selueH,ol G
Every sensible man can uideiSt"ul 1t. IL WI % t'V
post iuncncut Ol specie payments 10 an lh'hhtc uS
lance ot tiue and u.rc VIII be ihGrraS.u ID
the 1nagcai pohcy a. long hs lht DthoS atc Pi.E ~
n n, 3t tue h,ui. Tildrh might indeed Veto any aot
money measure, nat one tnns oven a hirinou'l t@''- @
dent could moi do aHd Tat 10 I" carry uauhone u,s
n r. through DtuuctauC rOuNt Ol h'tlye'H|'.ifVa |
Nut thr m1hticHl ""'lu o' '.l,'S Va ~ lI.i -. S -,
man even before the eecoa mas already oft''h'"
away ms conscience .,..-.t 81. /
my speech a SIN 80 point tit an or ah'noteui nnU
are the consequences wndt tne u-r te-uts oi t,'i-