The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1877-10-25
The Common Enemy.

No intelligent, well-ini0rmed person
in Wisconsin doubts that the vote of
the greeuback party and that of the
democratic party will together exceed
that Of the republican party. No IN
telIigent, we'll informed person doubts
that the democratic vote will exceed
that OF the greenback party. Such be-
ing the case, it would be exceedingly
unfortunate if majority of the people
of Wisconsin, desiring to set their seal
OF condemnation on the decentralization
Of silver, the contraction Of the curren
cy and the national bank system, should
by their disunited action, really and in
fact contribute to the endorsement of
those wrongs by elevatlng to the COVER
norship a pronounced advocate of hard
money-one whose rallying cry in the
campaign is hard money, and who Is
sustained and supported by the bond
holding national banks and monied in
terest generally. Such result would
indeed be melan choly-not only for
democrats but for groenbackcrs as well.
The democratic party by 70 means
goes to the length advocated by some
of the more visionary leaders of the
greenback party. 1t is in favor of con-
verting the national debt into green
backs, dat the interest may be saved
to the people and a volume Of currency
equal to that OF the French nation be
distributed among the people, which
volume it is clearly evident is required
for the usiness of the country. The
republican theory that the more green
backs there are the less they viii be
worth is false; and its falsity is clearly
proven by the fact that the bonded in
debtedness of the country, s., 000. 0o0,
coo, is at premium above gold, while
the isnifcant sum of $3.50, coo, coo,
Of areenbacks is at discount. If the
governments is good for two billions of
gold it is certainly good tor threc and
one-half millions Of greenbacks. IF the
government were to promise to pay the
grecnbacks ia gold, qnd make them re-
ceivable for all dues. they would be
equal in value to gold, even though the
volume were two billions. The United
States are as sound financially as Eng
land, whoss promissory notes rank with
gold, The trouble is that the govern
ment has dishonored its debt of three
and cne-haIf millions, fully honored its
debt of W lille 1t has two billions,
The common enemy, therefore, is the
republican party, which proposes to
keep the money of the people disbonor-
ed it pretends to be in favor of honest
money; yet it has manufactured a coin |
only ninety-two cents worth |.
Of silver and called it a dollar. 1t de-
cries the greenback; yet it has made
silver coins which are Of less value thau |
greenbacks. 1t is in favor of honest I
money only for the bondholders: the
more dishonest it can make the peoples
money the better it will please the bond
holders and money lenders who, in fact, |
control the republican party.
Thus it will be seen the people have
a common enemy; but stragglcrs never
yet won battle, and victory never yet
perched On the banners of mob, no
matter how just their cause.
Concerted action nusf De had.
Democrats, from long drilling in the
'anks of their party, have become regu-
ars; and regulars never mutiny or de-
noralize under fire. They already see
he results Of their integrity in home
ula for the south and reduction. in
ne year, Of government expenses, of
$40, oo0, geo. They are no. to be call
d from the ranks at this time by the
reenbaek party: but are determined to
ght on until they win an honest eur
ancy, equal in every way to that of the
ondholders and money-lenders. The
els ofthe enemy DO not frighten them. !
'alse charges that they are Imitation
It's" that they desire dishonest
loney," do not weaken them. These
i'll all pass away as dill the other and
milar cry tina. they intended to pay
DC rebel debt
Look at it, democrats. Ne spectacle
as ever grander, 4 band of heroes.