The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1878-10-02
- FOR CONGRESS. M
JOSEPH. DAVIS,
THE QUESTION or THE DAY.
OF FRANKLIN.

THEQUESTI0N OF TnEDAY, ~
More than Heck and Hawkins, and rings
and thieves. and bond swapping aud rail
roads--things of the past, and for practical
uses except 10 keep alive had passions''as
dead as Julius Cesar--is the question OF
iuance which confroats every man in his
daily path Of basiness and in the. daily ex-
perience Of his domestic economy. The
whole country very painfully realizes that,
not money. bot the mat Of money. is the
root Of all.syiis Hows 20 get more. TO
make il more plenty oormore accessible is
the problem, and 4 y gtts great question
for political solatieh.4 ~-ttt
Three parties have taken charge Of the
"a questiea. the Republicans with hard
money platform; the Nationals or Green
bseaers with indefinite issue Of paper
money BY authority oftLe General Govern
ment ; and the Democrats who accord with
the Greeubaekers 50 far a. demanding tie
repeal Of the Resumption Act and the re.
: tiremeat of The National Bank notes. to be
substituted by Greenbacks; but only by
Grecnbacks TO the extent of q currency
sufficiently secured andreadily redeemabls.
insaring medium Of circulation abundans
in lis supply while its intrinsic value y
secured BY substantial guarantecs.aatr 4
OF the hrst. the Republican party. the
COUNTRY need no more information, for the
fruits Of its policy is the bitter allment
upgn whiea its industries are feeding.
Cessation Of industry paralysis Of business
liSs. enforced idlesiess 70 the laborer. want
for his family, crime As fbe alternative a
sarvatiou-ihe-e are the results Of the
financial policy of,he party which legis.a-
ties for the bond holder. and; 10 swell his
wealth has steadily pursued the course OF
contraction until circulation has been re.
sseea 10 its lowest point Of Vitality.
n Opposed 10 the Rrpabliean system, BY
,be most violent antithesis. stand the
G,eenbaekers, who propose to relieve
monetary stringeney BY the most violent
effects Of contrast; BY IN :llimitab's issue
ola paper currency BY act oil. but not on
,be faith of the ii General Government.
sooding the country with money to the
extent Of filing every pocket. and stTfiing
every complaint. Bat southern e1Perisnce IN
confederate money. Northern experience IN
The greenbseks Of war times left convincing
memories that abundance OF paper is moi
> abupdsnee Of money. 'TbersfOrsfore The
Gtsenbackers can not give the relief the,
promise. =. ~ b. -.
The only rational ground isthst :aker
sby the Democrats; TO substitute un,aIed
aud poaintsrest bearing legal tenders fo'
national bank notes. the same 70 be tissues
directly ~ the GOyernment in sums sde
auate to the wants Of trade. and inter
shssgsabls with gold aud silver, repre-
ssptiag something of value; and The pay
: .nshs.os Uabea SEATS, bos5s MOI specis
eally declared payable IN coin. IN thes
notes. and arePesl % the resumption act
The redemption. Of these bonds in thes
notes, viii PIT those notes in circulation
The bonds nov represent 80 much eireula'
ton DOW locked Up. and profitable only 3
the hOIders; while notes. made their sub
stitute, must find employment 10 max
them profitable. They are Tot idle 90
psmpered pets like The bonds, but mus, ,
yet forth. like honest servants 70 do thel
aassers work. To this wsy. smOng otbeT
eaaiIibrium Of eirealatiou u tobe rel
tored.. a,., til. &c..
Between The three systems. intelligen
men can hardly hesitate for choice. In
rs between the Nationals. who represcI
Of the South the Greenbsekep. ana d
Democrats, there ought not 10 se M
meats reluctance in choice. The Gree
back movement il . natural, but viols'
reaction from che repression Of The Repul
I,eau apaDcisl policy. The true equiI
briun Is fousd IN The moderate but sfe
tual policy advocated BY the Democrats.
s.s.s.sssssss@s-~-s-s-
England aud Russia are sbOat 10 cor
fsce 20 face 10 Asia. ssd the Eastern que