River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1878-11-14
THE RESULT.

The result of the recent November
election, when all things are taken in
to account, is such as TO inspire re-
newed confidence in the good sense of
the American people and is alike cred
liable and gratifying to that conserva-
tive element which, when crisis is
impending, arrays itself upon the side
of good government. The bulk of the
Democratic party, one of whose tradi-
tions was metallic or honest curren-
cy, as matter of "policy" allied
itself with one of the most dangerous
political organizations ever formed in
this country and founded upon princi-
pies to which it was Numerically OPP
posed SO far as questions of finance are
concerned; added to this was the DEM
ocratic gerrymandering of Ohio and
the customary reign of intimidation
in the South which prevented thou
sands of Republicans from exercising
their right of suffrage, and this not
withstanding the policy of concilia-
ton lnaugurated by President Hayes;
besides, the hard times which have
prevailed throughout the United States
during the past few years, the inevita-
BILE result of the great expansion of
the currency during the war, when
not only the Government but subdivis-
ions OF the Government and individu-
ais also inflated, have caused much
discomfort on the part of the people,
many of whom hold the ruling polit-
zeal power responsible for the strin-
gency of the times; in view of these
facts, together with many others that
might be enumerated, which cOnspired
for the overthrow of Republicanism,
it is matter of surprise as well as
congratulation that the party repre-
senting the principles of sound cur
rency and the financial honor of the
nation held its ground as well as it has
done. The resumption of specie pay
Will bO % ANfbAlOJ III q osCi
six weeks and though the Republican
party is now in the minority i'll the
House of Representatives and after
the fourth of March next will also be
in the minority in the Senate we do
not believe that there will be any leg
islation looking to an unlimited issue
of irredeemable paper currency, as
there are too many Democratic Con-
gressmen whose constituents demand
q currency of honest money worth one
hundred cents on the dollar to enable
the soft-money members to secure leg
islation for the carrying out of their
peculiar financial views. We are of
the opinion that the mission of the
Greenback party will never be fulfilled
and that its dissolution has already be-
gun; it did not develop it's supposed
strength on election day and was
doubtless in its zenith some six weeks
prior to that time when the honest
money people began a vigorous effort
to show up in their true light the fall
lacies of the pernicious and dangerous
doctrines of their adversary; then 1t
was that thinking conservative people
began to reflect upon the possible effect
upon the country of the success of
fiat money cOmmunistic political or
ganization led by such INSCRIPTIONS
demagogues as the more prominent
of the Greenback leaders are known
to be, and voted in accordance with
their convictions and in favor of cur
rency that should be as good for the
laborer as for the capitalist and the
value of which should be uniform with
the precious metals upon which the
circulating medium of all civilized
nations is based; we believe further,
that many who persistently chung to
the fiat party until the votes were
counted on the evening of November
fifth will, within the next twelve
months. see sufficient reasons for con-
graduating the country upon the re-
cent overwhelming defeat of their
own Darty.