Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1878-11-09
DEMOCRACY AND THE GREEN
BACK FALLACY.

There is no doubt about the Dem
ocratic leaders being in trouble at
the manner in which they have gone
whOring after the Greenback gods.
The Washington correspondent of
the Baltimore San comments on the
result of Tuesdays election as fol-
lows:
After the emphatic manner in
which the people have spoken, the
anti-resumptiOn party in the present
House can not feel encouraged in pur-
suing any further the system of finan-
cial tactics with which they disturbed
and unsettled business interests dur
ing the entire period of the last ses-
sion. The lesson OF yesterday to the
Democratic party is so plain that he
who runs may read. III that party
desires to enter on the next PresIden-
tial canvass with any hope Of success
its leaders everywhere can not be too
soon in every state back on the plat
form Of the sound financial doctrines
where il stood for 80 many years and
where it properly belongs. Dur
ing this entire Congressional
campaign scarcely word has
been spoken from the stump
by the Democratic leaders in favor OF
the time-honOred financial principles
of their party. Or all the Democratic
Senators Bayard, OF Delaware, Whyte,
of Maryland, and Eaton, of Connect
cut, are the only ones who have given
forth no uncertain sounds on the
question of honest money. Even Sen
atoF Herman, of New York, has dallied
with The subject, as if afraid to COM
NIT himself Now that the greenback
fuTore has proved itself to be such
will-O'-the-wisp, Democratic Presi-
Dental candidates in embryo and
seekers otter the suffrages of the peO-
pie generally may no longer be afraid
to advocate that which is right and
denOunce that which il wrong. There
never was more pTOdigious care than
this greenbaCk ole, aud the shTeWd.
est politicians of both parties confess
that they have been much disappOint-
ed to find how comparatively trifiing
a hold il really had upon the people.
Only three weeks ago one Of the most
experienced and sagaciOus cf the pO-
litlcal writers or New ugk came here,
and after survey as the situation pre-
dicted that the hard money men in
the next House would scarcely num-
her one-thiTd of that body. The
greenback campaign was conducted
on the Chinese plan, with great best
ing OF tOm-toms, and the result is
similar to that of a Chinese campaign.
InRepublican circles to-day the feeling
as to the next Presidential camgaign
Is one of enthusiasm, which contrasts
strongly with the dependency which
has heretofore been exhibited, The
cry that Grant and honest money
are sure to win is Te-ech0eG with much
confidence and among those who talk
this way are some of the most bitter
opponents in his own party that Gen
eraI Grant had during his administra-
ton. The solid South will be an
other Republican argument, eand
prominent members of the party were
laIneDting the election of a Republi-
can Representative from Maryland, as
they said { it would sbe big thing
for US if there was not a solitary Re
publican elected from Maryland to
Texas There Is no doubt that Mr.
Biaine's speech at Philadelphia, on
Saturday night last fOTeshauOws one
part of the Republican campaign for
the Presidency. The changes Will be
rung on the solid South for the next
Two years, and every effort made to re-
vive the old sectional anlmOsity which
has been dying out. If this helps to
bring about solid North the object
sought for will be attained. There is
danger that there will be a
= solid North If the Democratic party
does not, as said above, hasten through
Its leaders to put itself right on the
iuaucs.'