The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1878-10-04
THE THREE PARTIES.
And Their Respective Positions on the
Finance Question.

And Their Respective Positions on the
Finance Question.
The Cincinnati Gazette very clearly
and correctly states the position of the
Democratic, Greenback and Republican
parties on the financial question, in the
following article.
The leading question before the coun-
try mt this time is the financial question.
1t is in order, therefore, to inquire where
does the Democratic party stand? We
know the position the Republican party
occupies. 1t is, everywhere, for honest
money. Upon this platform the Repub-
lican party of the nation stands united.
Upon it it will succeed or fail in the ap-
preaching contest. This policy it deems
essential to prosperity. Business is ev-
erywhere reviving. There is no obsta-
Gle except that created by fiat money adj
vocates. There is no danger except that
threatened by the party or parties that
advocate a repeal of the resumption act !;
initiation of the volume of inconvertible
paper money, and war upon capital. To
all those obstacles and this danger the
Republican party, as a national party,
and In all its state organizations stands
opposed. Upon this platform it plants
its feet firmly and determinedly.
Now, where does the Democratic par
ty stand? In Ohio it is for the repeal of
the resumption act and for imitation.
This is the position of the Democratic
party of Ohio and of Indiana also. So
it is with that portion of the party which
follows Butler in Massachusetts. But
how is it in New York; Here is what
the Democratic convention of the state
of New York affirmed last week:
''rhe Democratic party, state of New York.
NknaF
in its platform, adopted in iS74 and in - ISL
and lndorsed by large majority OF the peo-
pie Of this states
.'GOld and silver coin, and paper converti-
BILE into coin ut the will OF the holder, the on
ly currency of the country.
steady steps toward specie payments
1.-THE honest payment Of the bubble debt.
I'VE congratulate the state and the coun-
Iry upon the practical relative valns of this
gold and silver. Misrepresentation OF the pub
lie faith, AID q tariff for revenue.'
This is precisely the platform of the
Republican party of Ohio on the finan-
cial question. It is also the platform of
the anti-Butler wing of the Democratic
party in Massachusetts,, as it is also of
the Democratic party in Connecticut and
Michigan. Steady steps toward specie
payments, and currency convertible into
coin, is the declaration of the Democratic
party of those states. This was also the
declaration of the national Democratic
convention in 1876, as it will unquestion-
ably be the declaration of the national
Democratic convention in 1880
The Ohio Democrats have Welded to
the imitation craze. The eastern Demo
Gratis have refused to abandon their prin-
ciples in that direction. Which faction
shall honest money Democrats follow ?
Shall they follow the old landmarks as
marked out by the Democratic ma
tional convention, and by their party in
the great states of New York and Con
necticut, or walk off into the new road
of imitation laid out by the Ohio and In
diana Democrats, and already occupied
by the national Greenback party9
There are only two consistent parties
in the country to-day. One is the nation
al Greenback party, which is everywhere
for irredeemable greenback currency and
imitation, and the other the Republican
party, which is everywhere for coin and
paper money convertible into coin. Re
tween these two the issue is distinct.
clear, and unmistakable. The Demo
cratic party comes in for fiat money in
one section, as in Ohio and Indiana, and
for hard, honest, Republican money in
another section, as in New York. Con-
necticut, Massachusetts, and Michigan.
The Democrats Of the east agree with the
Republicans of the nation. upon this
question.
The Democratic organizations of the
west agree with the national Greenback
party upon this question. Why, there
fore, should there be three organizations (?
Why not draw the line aufhoritatively
as il is drawn in fact, and decide in IA
vor of honest money and a revival of
prosperity on one side, or imitation, war
upon capital, and all that that implies
on the other.
This is The issue involved. Let it be so
understood and so intelligently decided.
The Democratic party as such is fight
ing at cross purposes. The national
Greenbackers have one obiect-inflation
and war upon capital. The Republican
party is for honest money, and ali that
that implies. 1t Is for every citizen 60
make his choice.