The weekly Oskaloosa herald. [volume] (Oskaloosa, Iowa) 1855-1885, 1876-09-28

impossibility. He also tells mo tina
you must approach this thing by !.
SLOW and gradual process, and tha
ifyou have day fixed you canno
make your process gradual enough
Laughter.] Now, let me read wRa
he says:
How shall the Government make tbes,
notes lgreenbacksl at all times as good a.
speciey :
Well, in my humble view 1 had
supposed the way to do that was tt
be ready toredeem. / had really
| [Laughter.l Tilden says:
1t has to provide in reference to til,
mass which would be kept in use by tn
wants of business central reservoir o
coin, adequate to the adjustment of tn,
temporary fluctuations Of the information
al balance Laughter.
L would like to say to the gentle
man who gave me note | want thu
date, and l will tell you why
| Laughter.] ri have to provide Sc
sir, reference to the mass which
wonld be kept in use by the wants
of business, a central reservoir Of
coin, adequate to the adjustment o.
the temporary fluctuations of the in
ternational balance" Laughter.
But Mr. Tilden did not entirely dis
gorge his mind on this subject, so he
says:
AS guarantee against transient drains
artificially created by panic or by specula
tion, it has also to provide for the paymen
In coin OF such fractional currency as MAY
be presented for redemption, and such in
considerable portion of legal-tenders a.
individuals may from time to time desire
to convert for special use, or in order Il
lay by in coin their little store of money
II wisely planned and discreetly pursued
IL ought not to cost any sacrifice to the
business, but should tend, on the contrary
to the revival of hope and confidence.
Now, If you want anything palmer
than thatwrite it yourselves. Laugh
teri
The proper time for this resumption i,
the time when Incorporation shall have
ripened into perfect ability to accomplish
| the object with certainty and ease thai
will inspire confidence and encourage the
rcyiving of business. The earliest time in
which such result can be brought about
| is best. tEaa 5t
And then be tells you how to do it
| The specific measure and actual date are
matters of details having reference to ever
changing conditions.
That is what tell the fellow about
paying my note. Laughter.1
| They belong to the domain of practical
administrative craftsmanship. The Cap.
| tain of a steamer, about starting from
New York to Liverpool, does not assem-.
BILE a council over his ocean craft, and fix
an angle by which to lash the rudder fol
the whole voyage.
Mr.. Tilden then speaks about
going TO Liverpool. "a human in.
telligence must be. at the helm
to discern the shifting forces of
water and wind" Especially the
wind, l take it. [Laughter.] Then
speaking of the delusion on the sub
ject he says. "They are snare and a
delusion to all who trust Them"
will read little moro and then will
stop. He says that it is impossible
to fix the day because you cannot
know what the fuctuating balances
will be; you can't tell how the water
will be nor how the wind blows you
must let it remain unfixed. | want
to know if the Republican Congress
did not know that they could redeem
on the 1st of January, 1879, how did
the Democratic Convention know
that they could not? Laughter
How did they know so much of water
and wind, and the fuctuating balance
between this and Europe? How die
they ascertain so much about the
central reservoir of coin?
HOW DID THEY ASCERTAIN THESE
when it was impossible for us to as
certain anything about it /? If the
Democratic party can say it can't bt
done in January, 1879, itseems to me
that the Republican Congress could
easily know enough TO know that il
can be done. Mr.. Tilden spoke about
the gradual process of resumption
'but he did not tell us what it mus
be. He simply says he can't tie |
rudder to particular angle. He say
you must trust to "human intelli
gence," the human intelligence being
Tilden, and in case Of his demise
Hendricks,and they won't tell q thing
until the crisis arrives. This is wha
he says. Now, suppose / read thi
letter, and, after having read it, go
at the atmosphere, en- rapport,-yo,
know what mean-that was full
OF it. Suppose | should, in the mos
solemn and impressive manner, tel
you that the fluctuations caused il
the vital stability of shifting financia
operations, not to say speculations o
the widest character, cannot be ren
dered instantly accountable to a tru
financial theory, based upon the grea
law that the superfuous is not
necessity, except in vague thought
Of persons unacquainted with the ez
igencies of the hour, and canno
in the absence of q central resorvoi
of coin with human intelligence a
the head, hasten by any system Q
convertible bonds, the expectation Q
public distrust; no matter how wise
ly planned ard discreetly pursued
failure is assured, whatever the rea
result may be.
If that is not just like it, / don
know where the difference is. Why
if anybody in the world c,lmc to yo
with note upon which the date q
pryment was not fixed, you woul
say he WAS either insane or WAS, "a ras
cal. And you would say to any ma
in the Union who says he is for spt
cie-rcsumption and counts the dat
out, that he is politically dishOnes
But the Republican party propose n
sumption in 1879. Hard money
j economy; paper money is extravi
gance; hard money means econom
aud national prosperity; we steue
hard-pan in all the business of th
/: country, and now VIC wantihard MOI
ey to do business on hard-pan witt
lCheers.1 The Republican party wi
redeem on the LIST of january, 1877
or If it fails il will tail AS the soldi.
, fails TO take iort high up on q
rampant with the flag in his ham
> lChcers.
: THE PROTECTION OF OUR CITIZENS.
7 The ncxt que tionis about the pr
| lection of our own citizens. IAI
: plause. The nation that cannot pr
. tectits citizens Ut home and abroa
t ought to be swept from tho map {
8 the world. GAppIausel The Den
7 oeratic party tells us that the Unite
i. States OF America can protect ali ,
8 lis citizens wnenthey are away frol
i home, fapp4ause,l but those who Al
0 citizens of Louisiana or MississipE
) or any State under our flag, the go
: ernmcnt is powericss to protect then
2 / deny il. say tho Government
Q the United States not only has Il