Carson daily appeal. [volume] (Carson City, Nev.) 1873-1877, 1876-03-25
POOR TRAY.

Events seem 10 lnutcate tNat Inc QutS-
ton of expansion or contraction OF the
currency will AXE foremost place
among the issues Of the coming cam
paigr. On ;a.s question the Democracy
notwithstanding the efforts of Tildeu
and ThGrnall-wlIl doubtless declare 10.
expansion. ard tie Republicans, in de-
spite of the opinions of Butler and Nor
ton. will favor q speedy resumption OF
specie rayia.sas- We observe that the
Democratic State Convention IN Penn
syIvania has @!ready placed The party
there IN harmonious relations with the
rag baby. by resolving in favor OF re
peaIins the Act of Congress providing
Tor the resumption of specie payment on
the 6rst Of January, 1879. Ths Penn
sy!vania Democracy have Hitherto been
accounted SIS s-.. operating with the New
York and Nv Eugisrd hard money
advocates. In they may now be reckoned
as among ;L- followers OF ''Fogborn
Allen" We doubt not that the Demo
cracy of the u9.ih-west-witht the eycep-
tion of Missou,l-wil favor similar
policy. and the voices Of New York, and
New England, and Nevada. and Cali
fornia IN the Democratic National Cen
vention, in favor Of specie payment, viii
he lost II The yell that Will 80 up from
the South ana Southwest in favor q
expansion.
To the student OF political history,
the attitude Of the Democratic party, in
this respect, viii be interesting, il no:
amusing. When the first issue OF one
hundred and fifty millions of legal ten
ders was proposed il 1862 every Demo-
cratic orator and newspaper organ
in the country joined in a erescendo Of
anathenas against the pending ''intrac-
tion OF the Constitution, and each sue
ceeding Issue Of legal tenders was re-
ceiyed with fresh Democratic wailiDg al
tie continued violation Of the principles
of the immortal jackson. Nor did the
Republican statesmen of that day expend
much time in defending financial mea-
sures which were conceded TO be of
doubtful constitu;ionaliiy, and which
were justified only on the ground O;
overweening necessity. Thaldens Stew
ems, in the House OF Representative,
admitted thai the power to issue legal
tender notes could not be found in the
Constitution, and Charles Sumner, in the
Senate. characterized the proposed nlea-
sure as 1.-THE medicine OF the Constitu-
ton" which he hoped would never ''be-
come its daily bread"
But now-ten years after the way for
the Union has ceased-we End the party
of traditional hard money proclivities,
clamoring fox continuance and enlarge
ment of the currency which It formerly
nntagonizad and mathematical. This
change of base is partly due TO the as
tendency OF the Confederate element
which is not yet so thoroughly recon-
structej but that If is willing to stab
with tie dagger OF Joab, the cause which
it failed TO successfully smite with the
sword of the Philistines; and patty 10
the clamor of those who hunger for any
system OF fnance-heweyer dishonest
that will enable them to enlarge the
nominal value of that which they own,
and diminish the actual value of tina:
which they owe.
The right determination Of the fnan-
cial question is Of the very grayest i'm
portance TO this nation. Every right
thinking Republican would gladly foreso
the pariizan advantage 10 be gained By
The Democracy placing themselves on
the wrong side Of this issue-ii By SO
doing there could be obtained q general
in Z policy Of solvency and
honor, but since it seems this IS not to
be, the Democracy Of the Pacific Coast
which IS hard money Democracy
must not complain if it shall be COM
PEELED to suffer the consequences which |
Of old were inflicted upon the honest |
dog who was caught in bad company.
RoEEET u. FRYER, the inventor OF the !
Fryer process for reducing refractory !
pres. is in San francisco. Mr. Hall, |