Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-10-14
COLFAx CONVERTED.

| COLFAX CONVERTED.
Schuyler Colfax has gone back on the Re
publican party which kept him for sixteen
years in Congress, and gave him fou1
years presidency over the United States
| Senate. In recent speech at his home il
South Bend, Indiana, he laid down plat
form of six planks, every one of which
strikes the Republican party squarely be-
tween wind and water. His first principle
the one which he esteems of the most vital
importance is:
l. Statute of limitations against any more
war claims the treasury. As has been said
by another: Millions for Southern charity,
but not dollar for rebel claims"
AS the Democratic House passed such a
| statute, and the Republican Senate refused
to concur, we are driven to the conclusion
that Schuyler is very wroth at the Repub-
licans for leaving the door open for the al
lowance of further war claims. He further
demands
g. Protection for the general government
against the wildcat banks that, by breaking,
| used to rob laboring men annually of more
millions than all interest paid on bonds held by
note holders.
AS the national banks, by breaking, rob
laboring men annually of many millions of
dollars, we may fairly infer that Mr.. Colfax
is in favor of the substitution of safer cur
currency -greenb acks-for them. In this
position he will have the cordial support of
the GLOBE.
The former Vice President still further
pronounces in favor of
3. Maintenance of the national faith as the
right arm Of the national power, because
through it national armies and nayies are
equipped in the hour of national peril.
AS the only way the national faith can be
maintained is by giving to the guarantee of
the government due honor-by the govern
ment receiving it's own pledges in payment
of debts due tive gladly approve and COM
mend Mr.. Colfax's position. The govern
menu must take its own greenbacks if it
would maintain it's own credit
Still further Mr.. Colfax wants
4. No legislation that will demonetize or
drive out of circulation gold or silver-now
again, after SO many years, in circulation among
us az currency.
In this he is sound. We want circula-
ton of gold and silver as well as of green
backs, and we must discountenance the leg
islation of the Republican party which is
intended to place fictitious value upon coin
and to degrade greenbacks. By giving proper
recognition to the greenback it will be kept
at par with gold, but if the present policy of
the government is maintained, gold will soon
be driven out of circulation.
Again Mr.. CoIfax wants
B. The largest possible paper circulation
that can be maintained at equal purchasing
power with coin, and convertible into coin at
the will Of the holder.
This is all we want-plenty Of money of
current value for the needs of business. If
he keeps On Mr.. Colfax will, ere long, become
full -fedged Greenbacker.
Finally, Mr.. Colfax insists upon
6. Adequate protection for all citizens who
owe allegiance to the nation, to the uttermost
limits of the national constitution ard its
amendments.
On this point we will not quarrel with
him, for he has come around to the good old
Democratic doctrine promulgated in the dec
Aa1ouAOA VI iuucpouuoICo. IL Is Inc only
tenable ground npon which good Democrat
can stand, and we gladly make room for Mr..
Colfax.
Mr.. Colfax has long been wanderer from
the true fold. He has worshiped strange
gods and bowed at heather shrines. He has
become contaminated by the false doctrines
of his associates, and we were in great fear
lest he had become wholly Joined to his
idols. But
while the lamp holds out to burn
The vilest sinner may RETURN -
and previously though he has sinned we
open our arms for his return. The prodigal
may consider himself embraced, and men
tally partake of choice cut of the fatted
calf that has metaphorically been slain in
honor of his conversion. He will find it a
great deal better than the husks of Repub-
lican robbery, prescription and reputation.
Shake!