Juniata sentinel and Republican. [volume] (Mifflintown, Juniata County, Pa.) 1873-1955, 1878-09-18

Mr.. Randall might have sdded that
the GreeEback party in Maine was
increased by drswing off the repudi-
ationists from both the Republican
and Democratic parties, but instead
of weakening the Republican party
numerically, it had increased it to a
larger number, and the indications
are that by next year all the honest
money men will be fused against the
reputation Greenbackers, and then
they will be as powerless as when
they began. He might have also
added that if the Commun,sfie Green
back Repudiationists, which he repre-
sented, has the effect of uniting the
honest money men on an honest money
candidate for Governor in the same
proportion that they were united in
Maine, Hoyt's majority in this State
will not be short of $4,000. He
might have said that the indications
are that all of the repudiationists in
the country will unite under the ban
ner of the so-called Greenbacker, but
in real truth the banner of the COM
mune. and that the real American
and honest money people will unite
under the Republican banner. 1t is
presumed that he did not have the
latest information relative to the
strength of the respective parties In
the House of Representatives in
Maine, which is, as per latest report,
65 Republicans, 81 Greenbackers, 13
straight-out Democrats, IA fusion
Democrats and Greenbackers, and 2
| fusion Democrats and Republicans.
But he, Randall, had not come to
speak of Maine and her late election,
only as a sign to point the way of the
politics Of the times. He had come
to speak of the
of his party. They were live princi-
PIES. Facts are what the people want.
He had come to talk of facts, and
the First fact that he wished to talk
about is, That Nation as an Indirid-
ual, should pay IFS Day as it goes. The
second fact is, tint posterity should not
be made TO pay the deJts Of those who
Tired before them.
| He did not stop long enough to
argue on these communistic princi-
pies, but he repeated the principles
a number of times, as if he would
have them stamped into the minds of
his hearers; but it is a question if
one IN every ten noticed that he was
preaching the doctrine of the Com
muns, so intent were they in listening
for the word ''greenback, and any
thing that did not have that to it was
scarcely heard He did not tell how
little can be done in the world if an
individual, or a nation, is brought
down to the principle of pay as you go.
Doubtless the credit system is abused,
but to pay as you go would be an abuse
almost as great to the other extreme.
There is not canal, or railroad, or
court house, or poor house, and
scarcely bank, store, or other kind
of business in the country that could
exist if such system were inaugu-
rated. Talk of hard times. What
would they be if no man had credit :
The largest enterprises In this coun
try are conducted on the credit sys-
TEN. Establishments that employ
and pay thousands of men, cash,
every month, are run on credit-a
credit that must extend a century,
for if they are called on to pay up
they must break up. What then
would the thousands of men, and the
hundreds of officers do who are get
ting their living out of the concern
that is run on credit Would it make
times any better, to throw the mil
lions out of work that are now en-
ployed in establishments of the coun-
try that are run on the credit system.
and demand that they pay as they go ?
He did not tell that such a system as
he advocated strikes at the confidence
between men, upon which confidence
the credit system is based He did
not tell that when he asked people to
have confidence in greenbacks he was
asking them to credit something that
had no value in it. If stopping man
ufacturing establishments through
out the country makes hard times,
and puts men to tramping, how would
it be if the system of pay as you go
would be inauguratedi Such sys-
TEN. if enforced, would break up 80
per cent. of the business of the coun-
try and throw millions of men out of
employment
When he spoke of the principle,
that the children should not be made
to pay the debts of those who lived
before them, he enlarged the propo-
sition by declaring that an rndiridual
had no rtghf to create a DEBT that has chill
dren must pay after him, so no govern
ment has the right 10 create a debt that
posterity wiH hare TO pay, and that was
why lie was opposed to the funded or
bonded debt Of this country He |
did not tell that if debts could not
be funded OF bonded or perpetuated
little prosperity or progress could be
made He did not tell that it is by |
a bond system of finance that most |
of the public houses are built, school
houses, asylums, state houses, DC,
and while he WAS at it he might have
talked about the bonded system of
finance by which the Juniata county
court house was built, as an illustra-
ton. He was opposed to any bond
ed system that compels posterity to |
pay for the work of the fathers. But
he wanted no illustrations to show
the cIoven foot of the commune. The |
point that he urged hardest to create a
feeling against the credit system and
bonded s. stem was the interest features
of them. Those features he used to
create feeling against the whole sys-
IL tali bat V,,r noaI