Buchanan County bulletin. [volume] (Independence, Iowa) 1869-1891, 1877-09-21

CDrAnINn within bounds tho xyor;os

SPEAKING within bounds, the veriest
blatherskite within the Greenback ranks
is Byron" the Winthrop correspondent
of the Conservative The publisher of a
newspaper enters into an implied agree.
ment with his readers that he will not
deluge them with imbecile drivel or in
suit them with perversion Of the truth
and every time that he admits writer
like byron to his columns, he VIC
lates the contract. As may be supposed
the latter finds abundant scope for his
peculiar faculty in rafting the Green.
back gourd. With neither the sense to
comprehend the financial issue, or the
honesty to discuss it candidly, he, in
each issue of our contemporary, inficts
upon long suffering public hebdome-
dial accumulation of unmitigated trash
made up of distortion of fact, impotent
travesty of argument, and-much the
larger hare-disgusting, partisan swash
about "bondholders," monied aristo-
crafts" &c. A specimen Of his logic is
found in his screed of this week. First
in reference to certain Republican edit
ors and speakers, including the BULLE-
TIN, he says that " these wise manipula-
tors of public opinion would have us
believe that the government can with
draw greenbacks from circulation and
substitute gold in their place." A doz-
en- lines further on, he says: These
gold visionary theorists do not aoant, o,
erpect, the greenbacks to be redeemed
and paid IN gold, but they do want to
have them funded in gold interest bear
ing bonds" There you have it; you
pays your money and you takes your
choice. But to show the reckless char
acter of the last assertion, it is only nee
essary to quote Secretary Sherman, who,
we think, will be accepted as represen-
tative man among the "gold visionary
theorists" In a letter addressed to a
citizen of Iowa. A. w. Swain, dated
Aug. q, 1877, the Secretary says:
In response to your note of the ed inst, l
have to reply that the resumption of specie
payments does not mean the cancellation of
the entire greenback circulation; that, in my
opinion, the $500, 600, 900 in greenbacks spoken
of in the Redemption act cannot be reduced
below that sum prior to January, 1879, and that,
under the general law as it now stands, after
that date they can be re-iSsued. Congress will
no doubt act upon that question before the
time arrives.
Again, in his Mansfield speech, Mr..
Sherman said:
What do we mean by this phrase Specie re-
SUMPTION? Is it that we are to have no paper
money in circulation? If so, l am as much OPP
posed to it as any Of you. Is 1t that aUe are to
retire our greenbdck circulation? If so, AM AS
MUCH OPPOSED TO IT AS ANY OF YOU. What !
mean by specie payment, is that paper ought
to be made equal to coin, so that when you re-
ceive it, it will buy as much beef, corn, or
clothing as coin.
Now, in view Of these utterances, by
the man who is the very embodiment of
the resumption theory, what becomes Of
the twaddle of Byron" about the pur-
pose to retire the greenbacks with gold
interest bonds? The fact is, this small
potato demagogue wants little cheap
notoriety, with possibly the Office of JUS
tice, and for these he is willing to WELD
his unccrun,, lone non IN opv oouco