The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1878-02-22
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Our Harrisburg greenback eerres-
pcndent repudiates Peter Cooper and
his grsenback platform nov, but.
stood staanchly BY it few months age.
Yet still he accuses the Democratic
party Of changing its base Is there
any consistency in this changelings ae-
cusatisns9 The reason Of this change
on his party's part, however, is obvious
They didn't win any offices on that
great principle, aud now they must take
up something else, Peter Cooper, their
great leader, finding there was nothing
in his hermaphrodite independent move
ment which could furnish spoils for
himself and followers, became disgnstsd
with It, and, only = few months after
his defeat for President, joined the
Union League Club of New York and
became as dsvoat Radical as eveE Sc
that Peter Cooper got ahead of his
confreres in tho reputation business by
repudiating them first and returning to
his old loys-ths Radical bondhelding
and meney- -speculating party.
At the last Presidential campaign the
Peter Cooper folks, (ineluding our Har-
risbtirg friend were not in favor of re-
pudiatiOn, and therefore stood on Dem
eeratic ground, but as revolutionists al
wars inaugurate their schemes mildly,
and gradually work themselves up to
acts Of desperation, we can only pre-
sumo that reputation, or revolution,
was the ultimate design of the leaders
in this movement.
There is no longer any point If there
ever wss one-in our correspondent
persistent charge that the Democracy
faver the payment of the bonds in geld
for our party in Congress have just Sc
cured the passage of The act for the re
monetization Of silver, thus making it q
legal tender for all debts, public and
private, and it win therefore be legal
tender for government bends as we'll a;
other obligations. The Radical ael
passed by Congress Feb. IL, 1873, de
monetizing silver, was the only act or
the statute books which made the bond.
payable solely in gold, and that did il
only by implication. That act reads a,
follows:
SIC. ssse. HE silver coin OF the United sss.esshal
amount not sTcesiis re ollass in any one payment
OF course this act precluded any at
tempt to pay the bonds in silver, tbs
bOndhOlders not being required by Law
to receive such money IN payment
therefor, thus leaving them the higl
privilege of demanding gold alone.
The act just passed, however, remon
etizng silver and making it legal ten
der for all debts, public and private, In
cluaing principal and interest Of UAited
States obligations, if it becomes law
win leave the bondholders ne option il
the matter. They will Be compelled Il
TAXA silver at It's face for their bonds
The vote on this measure, being two
thirds Democratic in both Houses Of
Congress, Is a sufficient refutAtion oi
''Gireenbacker'B" charge that "the Dem
ocratic party Is uRequivoeally commit
ted to the payment of the bonds in gold
only" Our Democratic representatives
in voting fer this measure, not only say
that the bonds can be paid N silver
but that it is not in violation of tbs
public faith nor in derogation of tn,
rights Of the public creditor" This il
the language sf the Matthews resolu
ton which accompanies the act in it
passage through Congress.
Our Harrisburg Greenback frient
ought to be satisfied with the foregoing
explanations. However, snone are 81
blind as those who viii not see" and i
his followers are as determined as h
appears to be in misconstruing and dis
torting the meaning and intent of th,
Democratic party apparently to gratify
his own peculiar hatred Of it, we can
not expect TO make them acknowledg,
any degree of enlightenment, or to mod
ify their guerilIalike warfare upon tn,
Democracy of Linn