New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1878-09-28
az KEW YoRK REguaTf0aE 1Arroan,

ny vA4ctA n NAkU' ot&N&tuEAb G0NFS1B40l
is but the echo Of the opinions ad-
fvanced ii his presiding address. The
position Of the Republicans Of New
York ID an nnfaltering adherence to
the Jaeksonian doctrine Of hard
money basis, while the sham De-
mocracy is thrust of on the flush
money scheme of the Bankites. We
may suppose that the doctrine Of
Senator Conkling may be very ac-
ceptable to the capitalists Of New
York and Of Europe, who are deter
mined to bring all national obliga-
tions up to the par of silver, and to
hold them there. If the Republicans
West and South are INDUCED with
this dispensation which the Democra-
cy accords to its followers, they may
prefer a little more elasticity of cur
rency and diffusion of money
among the industrial interests. We
may expect, therefore, that the intiu-
ence of the very. imposing assem-
blage at Saratoga viii be cast in
favor of returning the Senator to the
position which he has for some years
past illustrated. Whether the Re-
publicans, not sustained by the same
powerful influence, win have the
nerve to maintain resumption to the
rather bitter end will be seen. West
ern men with crops to sell, Pennsyl-
vania iron-masters, coal miners and
railroad owners may take different
view from the money centres, and
urge the policy of lubricating the
machinery of production by the issue
of more currency. Our own ideas
have been made known, that this Re-
publican administration should re-
commend such national works as
might render an issue of currency,
whether greenbacks or national bank
notes, necessary. This would fulfill
the pound of flesh nominated in
the resumption act, while it would
correct any oppressive stringency in
the circulation. Indeed, without such
an expenditure Of public money, we
can not see how it concerns the un-
employed industries of this country
whether the currency be at par or
not. A man who has not market
demand for his own labor, has moth
ing wherewith he can purchase cur
rency, however abundant. Anational
appropriation will bring this cur
rency within the access of unem-
ployed and impoverished industry.
We may thus have resumption and
an enlarged currency. We do not
feel called on to speculate upon the
probable OF possible consequences
of second suspension of specie pay
ment as result Of appropri-
alton. It would have no especial
terrors for the mass of American
people who have brought the nation
al credit from a low point of de-
preston to self-resumptiOn.
We observe that neither Senator
Conkling nor the convention has
deemed it necessary to assail The
Presidents policy, nor to give any
undue consequence to the affairs Of
the South, further than to argue the
evil effects of solid South upon the
peace and credit of the nation. There
seems little enthusiasm and mol
much sympathy manifested in Oul
behalf, but rather possibility
that in the sordid strife over a quar-
ter Of one per cent discount on ths
national currency, the solemn pledges
Of the nation TO protect the rights O
person, speech and suffrage will droI
out Of the political programme. With
the non-intervention OF the nationa
government, the non-action Of tbs
National Committee. and the omis-
sion Of Republican assemblages Il
make the enforcement Of the Fedora
laws direct issue in the curren'
campaign, the Republicans Of tn,
South can effect little in this diree
tiOn beyond avowing their unalter
able devotion to principles, and per
fecting such local combinations a
may give them social and politiea
protection. The platform and pro
eeedings Of the New York Repub
lican convention Limit the issues AM
avowals to the politicaland financia
interests Of the Empire State, ana
tend little to solve the diflcultie
under which the Republicans Of tn
South and West are labofiug.
A CONTRAST.
Reports Of outrages ngainst til