Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1878-10-04
Democratic Ticket.
FOR MEMBER OF CONGRESS,
HON. M. M. C0THREN.
Hon. Robert schilling's Speech.

City Hall, on Thursday evening iast'
apon the Fiat-Money Question, was
characteristic one; by which we
mean that it was in the temper of his
party-sweepingly revolutionary. This
was apparent ~ the outset. the
course Of tho financial Legislation
OF tho government since the war
might have been severely crlti-
cised; and for the reasons which
bhe speaker assigned; and his audi
ence (made up largely of Denocrats),
would have concnrred with him; but
when 1t became apparent, as u speed
ly did, that the degree OF his fauit
finding reached practically TO the very
foundation of all our laws Of property,
che number of his syinpathizers di-
minishcd rapidly.
TO the eye Of an intelligent Demo
erat, II vas evident that the faliacious
theory about what would constitute
genuine money, propoundcd by the
speaker, was fair out-growth of his
ayowed anteeedents, his education IN
the Republican school. The bee in
his bonnet, still, was the looking 10
the government for too much. Many
fingered and intimately medllesome
in mems money making operations,
indeed, he would have the govern
ment to be. He would give 1t q direct
hand, as capitalist partner, N al
enterprises and in all branches
Of business whatsoever. He would
have il absorb to itself wholly and
everywhere the Office of banker.
This would clearly be the effect il IL
were to become the cheap and coplous
money lender to the people far ami
wide, with ne other checks or llnlltit-
tions than those contemplated by the
orator and his party.
The characteristic sentiment Of the
followers of Thomas Jefferson, on the
other hand, it need not here he said, Is,
TINT the governments office is mainly
OF apolicenature,an should largely be
held alool from private money-making
enterprises. Effectiveness, according
to this, IN to be attained through the
of tho governments func-
lions, not, through the magnilicenco
~
and manifoldncss Of its displays OF
power; not, by reason Of the closeness
OF It's relations to tho people in their
every day affairs. but rather Of the
casy carriage OF tho burden which il
imposes, while it yields perfect pro-
lection To the rights of individuals,
and to the national honor-its mex
panBivoneSs comparatively and, there
by its firm hold Oh the affections Of
the people.
We think We iitly name the stumb-
ling block to The speakers success
with the Democratic portion of his
audience when we refer to the pattern
alism Of the financial system hc pro-
poaed-tho" looking to the government
for too much" At the same time il
cannot be denied that tho ground
talo by tho advocates Of "llat-money"
il the natural reaction from the policy
pursued by the Republican party since
tho war relative to claims Of bond
holders. That party in It's over anxiety
about tho future borrowing power of
the government but cXemplines In Its
way its paternallsm. 1t insists upon
largely oyerpaying its moneyed adj
hnreuts during the war, ut whatever
cost to the mass Of the people, that il
may have hope Of help from them
again when like emergency arises ;
'tnaking to yourselves friends of the
Inammon Of unrighte0usness" has
been It's motto; its idea being that the
government is only strpngand efficient
~ in war 1t is likely to have the bank
officers Of tho country on its side. TIC
Chat end. nov and aontinualiy.the up.
hnldiat II tho borrowing power of the
sovernmert is ma.le !. first duty, be
tho consequences to tho people, In the
meantime, what they may.
We are disposed TO say tolRepubli-
cans ana t. liat-money men alike. that
tho governments credit and strength
ia wholesome nudeness of function
III its part he adherrred to, may safel,
10 trusted 70 the arms and hearts OF
tho people.
Toward the close of the speech, In.
teppeatioNs We're solicited from such
~ Tie audience rs renainei disSatis,
igt, a.l. Cmnnins arose with the