The Somerset press. [volume] (Somerset, Ohio) 1873-1977, 1876-02-25

The Cincinnati Commercial does not
entertain a high opinion of Indiana
Craftsmanship" in its issue of the
24th it thus alludes TO the platform
adopted by the Republicans of that State
at their recent Convention:
"The Republican greenhack doctrine
proclaimed in Indiana on the 22d of
February, is only degree less contemp-
tible than that upon which the Demo-
Gratis lost Ohio last fall. The Republi-
cans of Indiana do not propose to make
the currency equal to the wants of trade,
but they show an absence of intelligence
that is deplorable and lack of courage
that should cover them with shame
Look at this, and think of it as the great
plank upon which great State proposes
TO elevate great man to the Presidency:
"'XII. We believe that it is the duty
of the Government in furnishing Ma
tional currency so to regulate it as to
provide for its ultimate redemption in
gold and silver; tha. any attempt to
hasten this period more rapidly than it
shall be brought about by the laws OF
trade and commerce is inexpedient:
therefore, in our opinion, so much of the
so-called Resumption Act as fixes the
time for the resumption of specie pay
ments should be repealed; and after such
repeal the currency should remain un-
disturbed-neither contracted nor ex-
panded, we being assured that the finan-
cial troubles of the country, when re-
lieved from interference, will be speedi-
ly and permanently cured by the opera
tion Of the natural laws of trade, and
by preserving that course Of policy
which the Republican party has con.
stantly maintained, of steadily looking
to an ultimate resumption ofspecie pay.
ments'"
ut is not the duty of the Government
tofwnish National currency. Any fool
ought to know that by this time. 1t is
no more the duty Of the Government to
furnish National currency than to make
and keep il equal to the wants of trade
The Government, in either case, totally
transcends its proper functions. The law.
Of trade and commerce can never bring
about the redemption of legal. tende,
paper in gold and silver, until there i,
such growth that there will be virtually
contraction of the currency. Why
the growth of the country up to tn,
specie standard is as clearly the process
of contraction as the reduction of tn,
volume of redundant currency woulc
be. In the first part of this resolution
Is the vague phrase that there il TO b,
ultimate redemption in gold and silver
and presently we come to the only busi
ness in this contemplate proclamation
which is sharp demand for the repea
of the Resumption Act,-an act fo
which the immortal and wonderful Nor
ton was careful to vote, and which is tn
only practical step toward resumption
that has been made. The Indiana idiot
demand the unconditional repeal of thi
measure, which was not as strong as i
should have been--not as good at
ought to have been-because il wa
weakened and obscmred to please sue
Republicans as Morton. Now, this elias
OF statesmen want the troubles of tn
country relieved from interference. In
deed! Is not legal-tender paper an inte,
ference? 1t is the irredeemabIe. dishor
ored, protested paper Of the Governmen
that makes mischief-and the Indian
Republicans hold the dirty mass sacred
They talk about the operation of the ma
tural laws of trade! Legal-tender pape
is an arbitrary interference with the M
tural laws of trade. The Indiana polio
would perpetnate this period of loss
confidence and depression, and wouI
not permit the people. after all thei
sufierings in emerging from the era
speculation. fraud, proAigacy and banl
ruptcy resulting from paper money, e
peciallyfrom legal-tender paper, to tax
the benefit Of the common honesty
specie resumption. The resolution v
quote is a fraud"