Marshall County Republican. (Plymouth, Ind.) 1856-1878, 1878-09-26

pound, wheat 50 a bushel, whisky 80 gallon.
| This would again and forever commit us to IRE
| dcemable paper currency, and would virtually
! amount to Reputation. CO course the pledge
of Congress that 500, 900, 600 should be forever
the limit of greenbark circulation would perish
| like a straw in the flames. Such proposition
has not even the merit of the honesty of the
| fiat,noney party The fat-money people tell
| no lies They say a bit of paper Is money, and
SO propose to print it, The Democratic party
issues as money government lies. With the
Court before them that greepbacks are to be
redeemed in conn., they propose to issue them
in such amounts that their payment in coin is
an utter impossibility. Aud yet the promise
| stands-an organized lie if its performance is
rendered impossible. The difference between a
Republican grecnback and Democratic greene
back Is that the Que Is an honest promise to
pay, issued in good faith for the preservation of
the nations life; the other is dishonest promise
| 10 pay issued in bad taith without warrant OF
| law and without any intention of ever perform
| ing the contract. know Of no better commen-
| tary upon the ilegality of such an issue during
a time of profound peace than that delivered by
| the Democratic Supreme Court of Indiana Ill
the case of Thayer VS.. Hedges (22 Ind., $685.
from which make few extracts:
Gold and silver have been chosen by the CONNER
cial world as the medium of commercial exchanges
and the measur of commercial values Chosen not by
the compulsion OF governments, but voluntarily from
utility and convenience and governments acquiesced
in the choice and sanctioned il, and power Of gov
eminent can compel their abandonment. Coin
the sacred currency we'll as protane the ancient
world. Historically considered, we find that the
Almighty aud his prophets aud apostles were for
were the theme of their constant
eulogy. Abraham, the patriarch, purchased
cave and paid for 1t in four hundred shekes OF sill
yer, current money with the merchants. Solomon,
the wisest of men, to have had decided pref
erence for hard money. Jeremiah, the greatest of
| prophets bought field and paid for it in silver.
! Walker in his American Law declares it act of
despotic power to make paper legal tender. G0uge
says no instance is record of nations arriving
nor is there any instance of nations ever daring to
| supplant this natural money by the use of paper
money without involving itself in distress and EN-
barrassment 1t was the intention of the Federal
constitution to withhold this power of supplanting
natural money from the general government. and
ton sound currency forever Of this there is not
| the slightest doubt Money should be to values
what weight and measures are to quantites-tbe
exact measure and stable and Uniform measure
The term to coin money means to make
money out of coin and nothing else. If the term
then the words foreign coin mean any paper
| money coined by foreign governments. and this
| clause authorizes Congress- TO make such paper q
legal tender among our people,.
A. In claiming the benefit of the remonetiza-
ton of silver, the Democrats are, as usual. app
propriatiBg other mems goods. Hendricks, In
1853, voted for an act that amounted to the
demonstration of silver. Thurman and Voor
noeS repeat6u Cilat act IN 1919. III the Qem0ne-
tization act of 1873 was frand VOORHEES, and
| Thurman helped t., effect it. The remonetiza-
ton of silver in 1878 was effected by the votes
of Western Republicans. Every Republican
delegate OF Indiana voted for that bill. 1t never
could have passed over President Hayess veto
except by the Republican party's aid. Some
very eminent Democrats-Lamar, of Mississippi,
and almost the entire delegation from the
Atlantic States voted against the silver bill.
The Democrats are no more entitled to the
credit of that bill than the Republicans to
be charged up with hard times.
THE REPUBLICAN CURE FOR HARD TINES
The Republican party is the true imitation
party. They propose to initiate the currency by
an addition to it of $3.50, 100000 of gold and
silver, thus giving the country $sOO,0oO,0oO of
gold, silver and paper Of the same value, and
restoring once more to those greatinternational
currents which we parted from in 1862 and
which, again restored to us, will bring us, ac-
cordng to our needs, share of the four
thousand million dollars of precious metals in
the vaults of the worlds bank.
The moment we resume specie payments, open
flies the door of SherInan's big vault at Wash
ington, and from it pours out golden stream
of 5000, 900, 000 fertiizng every field setting in
motion every factory in this great land. OF
this the banks will use SOS, 100000 as re serves
and send out SIS 000, 900 of greenbacks now held
as reserves. The long agony will end, and the
people again be free. Our balance of trade is
bringing. and will continue to bring to our
shores $3.50, OOO, 900 per annum of coin from the
old world. The pretense Chat we have not coin
enough to redeem our greenbacks is nonsense
: We have enough on hand now to redeem both
the greenback and national bank notes if neces
Ill.
haps 100000 hats within her borders. The pre-
tense that we cannot redeem is as idle that next
winter we HOLSTERS must go bareheaded. des
pcrate att mpt is being made by the ID emocrats
, TO ape Andrew Jackson's success In his war
| in 1886, against the United States Bank, by
, inst iuting a war on the national banks. The
, difficulty is that the Democrats going To
war with the fighting man left ont. All the
combined brains OF the Democratic party are
not equal to the single brain of Old Hickory.
Besides Jackson was a rd-money man. and.
as the Democratic court decided in 1864 tsee q
}, Ind, 304l, hard money is the currency of God
Almighty, the prophets and apostles: Jackson'e
victory came from these powerful reserve
forces. The Republican party do not pet the
national banks. We stand ready to amend the
bank act in any respect that will benefit the
people Of the United States. We do not see
how 1t will be a benefit to the people to make
} the banks a present of $50, O00, 900 in green
backs as the Ohio Democracy propose to when
they propose to issue greenbacks, buy the got
and pay OFF the banks bonds This process would
send up gold to Is per cent and cost the people
= $50 900 900. If the Republican party could see
gain in wiping out the banks We are ready 81
to do. Tue banks would make money by such
D au operation; but how abont the people, who
owe the banks 81, 600. 600. 900 borrowed money!
! Are we in condition to pay that debit If we
. abolish the banks we must at the same moment
re-enact the bankrupt law. Jeffersons
favorite maxim was keep the power near the
people," Could the Democracy insult the mem
flar
by making o handful Of Washington men the
sole repositories of the industrial, monetary and
financial, we'll as the political powers of the
pe0pleg This would indeed be Capitalization
with a vengeance. After all, the central poin
of the battle is, initiation resumption. Shall
We go back gain, now that our feet are almost
: on the solid rock, into the whirlpool of paper
I money, shall VIC take our place once more il