The New York herald., 1878-10-25
NEW YORK HERALD FRIDAY OCTOBER 25 ls7aTRPLR SHEET

tives ana a brought under these partisan m
are TO succeed by The slow iimi.a,ious Of What ls
called the caucus and The caucus machinery people
must be CO n IN nicatsd with IN thls matter.
NEEDED RKyosxA
The place Of trust and honor OF public servants de-
pends upon the CONSCIENTIOUS judgmsni, the concur
patriotic citizens oil our country. 1 believe that no
body has anything I,, 70 tear from sh' improve
position which tue proved judgment and
assign them, aud which would leave insm 10 drop
back again iuto the mass VI our ctixenshtp. Nov,
how " ran meal such scheme would become In the
hands OF a. party like the democratic party You
naos s.' sns
M man Ds tyranny NM, IN the mex. sisss,or sasr. !.
the same destiny for II now that there was then.
There no doubt the people OF TINS city and tue
people OF this country have the power never 10 per.
NIT this incubus 20 rest upon tlem and 10 throw y
on with the effort OF giant II IS 10 the minds OF
every good citizen to throw OF the disgrace OF such
tyrannic authority
THE FINANCIAL QUESTION
The third subject which has received the execu-
tive aItsnosy o. the fspaoi,Gsn ,ssa party Is the
Interesting TO ALL and az far az our present mpend-
ing election depends upon Is constitutes the main ex-
country. There ID great danger, as seems 10 me,
bscause have been irregular condition IN our
saa0' and ns evs ss W.s neess
sary TO overcome These dangers, however,
dangerous Wneu VIC consular
the circumstances aud conditions which we're made ~
TINS country. never remember the time before the
when the actual security OF the bills which man
carriod in his pocket valued ~ they are now
They are all good. ! nsver knew time when busi-
mad less occasion 70 feel any concern IN regard
the paper money provided by tho country. II has
been measured by its sSonverribility into gold and
silver. .sl. lsser. .t4fW IL ttsla Ue5
raE VALUE or GRRExBAcKs.
Now tho republican party has disposition TO
ovarrste or to degrade that papor money which IL
associated In our minds with tho struggles and
nj amt MO
treasury OF the country That was the legal tender
provided by the government In the stress OF war.
scheme sUS n m,sb. A't have been resor.ed to- they
taik ss II govern mont could W disposition nave
banKrupted tho people aud turned them outof their
properly. AS It became necessary that the youth OF
the country should be summoned to tho war, so by
the proclamation Of the sgaltendsr all the wealth OF
the country was apporuoned 70 the ad OF the gov
ernment whose accounts were TO be settled in specie
payments alter Tho war was over. (Applausol
When the battles were nuishsd the soldiers wont
home The soil aud work At tue bench and Nil the
professions and increase the wealth Of The counlry
put their Affairs In. the hands oi the 70.
publican party to, undertake SO 10 manage and
sss ,So as the promises on the h Of
winch This agency of huance and legal tender worked
the . ss Ky es s,0u - ou
its equivalent value with the one promised Gap
p!sasel. sst n4Ha o.s sal FL sn
Now " hen the legal tender mad wrought cut this
salvation OF the country ala We hear s praises sung
By Tie dcmOCrauc paTbyf tLAuVnteTb was ~
nelped out BY their contaence and appaudei BY
their voices when both would have been useful to
this country aud to the soldiers IN the heldf Zap
plausel NJ; we were then Told how much u cost
TINS bad money to buy rations tor the soldiers and
powder and ball Tor the cannon Wc were told that
no country could expect 10 MAINTAIN lis liberties ut
so great a cest All, gentlemen, have not measured
how much powder aud ball or bsw many rations this
paper money bought less than its i,co in gold wouid
have bought, but think the trouble was not that IL
bought too little but that It bought too much.
fLo1d and renewed applause, WITH great choer-
,u0 nd Ut
whole volume aud system, where was there
anv money since tho world began that bought SO
constitution. tApptadse) l. oousht Us name and
ieuds war and makes realty all external de-
fences for long while Unnecessary Since.
Midas turned by his touch everything into gold,
since UrGsus amasscd tho treasures OF the nioes
no ever got as go ID oargsin for his money
as the A,ncrean people got for their legal tender.
And now, stop BY step, patiently. faithfully. by
hssvy taxst,on, by hoeral payment Of taxes-ncome
and other taxes-we have made up the hnsnces Of
country, SO that legal tender is worth
to-day all over this country what II on
us lace purports be worth. (Appiause) Aud now,
ina, Iegai tender no repuol,can WIN suffer DO
pishcd either by dspnragng IT'S previous services or
py allowing Il 10 0e 50 conioundcd with volume Of
peace currency TO draw out the nnscces aud the
honor o the peopo as that ts tame sha be destroyed
IN any mans m,nS. We made me legal tenaer 70
ia.o var !App,suss and cnssr'l j., 1. There sns.s
as conducted by the republican parry ina.
wo have any occasion 70 hhd faut with
Did not We understand from the beginning that what
was needed was money its shape sufficient voi-
ums TO Keep up the armies Of tue country In full
vsor ana 20 m:o;sn s orss s 2, sns % ~
questions a0out i'm pairing sne validity Of contracts
aud violating private rghtti The warn entitled TO the
service ahd whole power ana wealth OF the country
and IL 10 the wsd0m 0f the government 70 detefm me
how It shoula be narsnaed when End whore " Is
needed and with ssfc,ens strength. War interieres
with osh~r contracts than the contracts OF money.
War separates the bridegroom from tue bride al tho
,1as % of War taxes no Son from ~. avi"r
bed OF lnotncr bresking th US the com maudmeht
with promise. and sh.ii We maon ag'ta.s ourselves
should be sacrncsd 20 the necessity Of specie pay
when specte pay ymenss wore Incompatible with
,ts saissyf This OF gresnbacKs, therefore,
n one that 10 nov presently united TO the auty OF
Ins government 20 make them equal 20 gold aud si.
lem has sovsd lhe ln,ersss msrcr, tns inter-
Of aud the obligations Of the public faith
saa 10 % our se 1Iu 20 sI
auvthDg that this people INSIST upon 10 10 that they
shall have paper money. They want inat money
good, ana shev know that therv " no standard Tor
its sxoeiicncs that except convert
iDis gold sve. They wish 20 iesi tnas they
soid sna silver. ous tney have . fs,sh
10 the g0vernmsnt IN securing banking
ns.'.uless or in ~ omses .oan 2, ~. oo,sstoa M
they 70 that they VIII demand irem their
governments, and they wiz demand a govern mont
then good paper neuey and uos drive tnem back 70
the actual carriage Of gold aud snver on tner per-
sons aud IN tnoF chests
"yrAro EosEv. a.4
wei 10 very d,fleait TO treat seriously this ques
ton el nal money. do nos know who bsiisves In
nal money. Wsat 10 nat moaeyr can understand
miraculous power that Can turn wbat - vausiess
inso value, bot 20 must change Us substance Waen
you say government ~ 10 make wuat IS vaiue-
less vaiusbis tos peopis, you sag wDst people
have never, able 10 trust their govern
10. You might well expect peop to trust .usir
goversmsus vita tue question VI what msAos Of
suosistsucs aud IN wat numbers annually or
monthly the people OF tho c0untry should get
make u government iuslitu-
ZION eas OF marriage, as VI they could say
what the people consider valuable shsa u was
not vssusolst FIAT money, of course, Involves tne
nscsssuy, - specie money docs-tnat n, in the
one osss specie beng sss money svsrythng is done
on Q specie basis; whom nas 10 IN. money every
tnios bas " Ds dons nas basis. daughter and
sypl@usal IL mast make . very thorough revolution
tnsn 10 tho money.
res msy sspssnber that In tho ARABIAN Niants" .
sry 70 told ~ vsrLsr oi OF mis- brothers. VINO,
bssss as nos.s 81 putebss scllns meat, waited
spoa every morning oy an old man With long