Juniata sentinel and Republican. [volume] (Mifflintown, Juniata County, Pa.) 1873-1955, 1876-11-01
The Confederate Plan to Destroy
the Currency.

If the Democracy get possession Of
the government they will destroy the
present currency, both National and
Greenbaca. Next to the arpy, the
boys IN blue, there is nothing that the
Gonfejerates hate as they do the money
of the United States. Without money
! the government would have been fall
ure, aud the Rebels, before :hey left,
thought that they had SO injured tie
confidence in United States securities
that il would be au utter impossibiity
to raise funds on the credit of the Ma
tion. In that they Were mistaken. The
country never had more satisfactory
money than that which grew out Us the
sad circumstances of the war. They
have two ways in view by which they
propose to get it out of existence when
they set into power If they get a
majority of Congress, they will attempt
to so legislate on the Currency and
Banking questions that they may be
abolished and what they will substi-
tute, the fertile mind of a Confederate
only can tell. If the Democrats of the
North in Congress should grow weak in
the knees over such proposition, that
plan will be dropped, and they will try
the persuasive art. They will pat their
Northern allies on the back they will
approach them smoothly, as Satan did
Eve IN the garden, and will tell them
that the troubles are all over, that the
weapons have all been grounded, that
white winged peace prevails, that they
in good faith will help % pay tie debt
of the Nation, but that they believe
that it is no more than fair that their
1ebt should also be paid. We will
help to pay your debt; you help to pay
our debt; that will be like the work of
band of brothers, who have had diff
ference, but now it is all over; and
thus they will get the Northern allies
to accept the claims of the South aud
have them Incorporated into the debt of
the Nation. Ii is plain to be seen what
will follow. An increase of Bonds,
amounting 10 millions Of dollars, will
be issued. The currency will be in
creased to millions upon millions more,
until it has become apparent that the
United States has issued more obliga-
tons than she can ever make good or
redeem, and then the confidence will be
destroyed in the money of the country,
and it will become wOrthless-not worth
the cost of printing it. For illu>tra-
ton suppose, Neighbor 4 gives his note
of one hundred dollars to B, to G, to
d, to +, and to f, because OF some
financial or monied requii ement. All
know neighbor 4, and are convinced of
his ability after a time to redeem the
notes. No one feels insecure in the
promises of the notes OF A. But after
time he is prevailed on to assume the
the payment of the paper of profit
gate brother. Then i; will become as
clear as MONDAY tina, a has overloaded
himself, and can never redeem or pay
the pal er he has out The end is found
in the fact of A going into bankruptcy,
and his paper becoming as worthless as
that many sized pieces of common pa
per. So precisely with the United
States paper, if it takes too much of
load OF it, and the object of the Con
federates is to overload it with their
claim. 1t will become worthless and
never be redeemed, and thus the cur
repcy and all other National obligations
will be destroyed.
Such are the Confederate . ans. Will
you become party indirectly to their
plans. The safe plan is not to vote for
men who are likely to favor their plans
Their is no probability in the world
that Mr.. Mahon will favor such plans.
Vote for him for Congress be Is the
only safe man All of Dir. Steuger's
past record point to the fact that he
will be caught in their plans, if he is
not already in with them.