Oxford Democrat. [volume] (Paris, Me.) 1833-1933, 1876-08-15
Cor. Iilden'S Letter.

After so ,ong a time of delay, the
letter OF acceptance Of Gov. Tilden has
arp cared, and aso that OF Hendricks.
The most OF Gov. Hendricks letter is
devoted 10 his special hobby" the re-
peal o, The Resumption clause, while
that OF Tilden is more like a stump
speech than letter OF acceptance. We
think the people generally will be dis
appointed in il. Ii is mainly devoted TO
the question OF finance, while the demo-
cratic cry OF reform" is very ingenious
ly interviewer sll the way through it. He
seems 20 be very careful 10 circumscribo
his hard money" views 80 IS not 10 go
outside OF the 81. Louis Platform. which
IS 30 very speciously drawn, intended 10
convey one idea TO the common voter,
and entirely different one to the leaders
OF the party. OF course the two letters
must coincide, and Tor this purpose
they meet each other about half way.
Gov. Tilden, though heretofore an
avowed advocate of hard money and
resumption. stultifes himself in order to
win the votes of the soft money" ele-
ment Of his party, which is very strong
in the South and West He says that
"the proper time Tor resumption is the
time when wise preparations shall have
ripened into = perfect ability 10 accom-
plish the object. with certainty and
ease that will inspire confidence and en-
courage The reviyings of business" He
SAYS further. that The earliest time in
which such result can be brought
about is the best" Congress in 1875.
fixed time for the final resumption Of
specie payment. and placed that time
far enough ahead tha. the country might
get fully prepared Tor it. Ii four years
OF gradual contraction Of the paper cur
rency is not sufficient time in which TO
repare for final resumption. it seems
to me useless to attempt it at all. But
it is sufficient. There may be some new
legislation required to perfect the plan.
but every attempt since then made by
the Republicans to pass any a for the
perfection Of that plan. has been baffled
and defeated by the Democrats.
Gov. Tilden indorses the declaration
o. the platform that The resumption act
Is 4 hiudrauce 10 resumption. How the
liking OF time for The redemption oil the
legal tender notes of the United States,
aud declaring upon q time for the final
resumption Of specie payments. can be
htndTaHcc 10 resumption is more than
can see. The inhationiSis demand more
paper money,sn when the resumption
act. f." IS repealed, the next move will he
TO issue more paper currency, and the
more paper currency there is in circula-
ton, the greater the difference between
that aud gold. The paper dollar is now
worth only twelve cents less than gold |
dollar, and 1t seems to me the greatest
folly il the word 10 make the gap any
wider. and We shall deprecate any such !
move. The people should begin to
practice economy at home. curtail their |
expenses as much as possible, and they |
will end that there is money enough in
the country. The business distress"
lha, Gov. Ti.d,n speaks Of. IS due more
to the uncertainty of what the financial
policy is TO be. than to he enormous
waste OF capital oecasioned by the false
policies OF our government, ," as he says.
In his allusion TO The Southern ques
ton, he makes no mention OF the masss-