The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-09-26

Some Of our Democratic politicians say
they are opposed to greenback imitation, and
stand upon Mr.. Thurman's platform. If
Mr.. Thurman's platform means anything at
all, it is but slight modification of Butler
ism. He favors the repeal Of the Resump-
tion act and the national bank law, and the
substitution of greenbacks for national bank
currency, and expansion to meet the sswants
of trade''-one of those indefinite express
sions which can be construed to satisfy the
widest notions Of the widest in1ationists,
His platform" is tantamount to a radical
revolution in the financial system of the
government, and the disturbance OF all the
business relations and values of the nation.
1t is semi-officially stated that sever
eighrs of the bonds of the United States are
held in this country by our own people. The
large balance of trade in our favor has
brought the bonds home, instead of the spe-
Gle. The current year will bring the specie.
In the mean time the vast volume of gold
that at one time went to Europe to pay the
interest on our bonds will be kept at home
and distributed among our own citizens.
This is one OF the most encouraging facts
which we have to consider.
OPPOSITION TO Mr.. TUCKER.-A spe-
cial despatch to the Richmond Whig from
Lynchburg, states that Capt. Camm Pat
teson has consented to become the regular
Greenback candidate against Hon. j. r.
Tucker, for Congress. He will make an ac-
tive canvass. The finance issue has become
the paramount question in Virginia. and this
greenback lunacy should be met everywhere
firmly and aggressively.
The nomination OF Butler by the Demo
CT ats OF Massachusetts as the candidate for
Governor has had one good effect-and that
is, to arouse the friends of sound national
currency to the Importance of work.
Throughout the country very determined
effort is being manifested to put stop to
Butlerism, which is but another name for
irredeemable Greenback Democracy.
That sprightly paper, the Amateur Press,
published by P. G. Elson 6 Bro, at Mon
treal, Nelson county, has been suspended,
because the young men conducting it have
entered college to better prepare them for
the duties of journalism. Should they re-
new their connection with the press in ma
turer years, we predict for them distinction
and usefulness.
Every dollar Of silver paid out now, ac-
cording to the estimate of the Cincinnati
Commercial, and every dollar Of gold that
will be paid out after the first Of January,
will assist to expand the volume Of money
in the country, and make it equal to the
wants Of trade. Resumption is expan-
sion.
II Col. John F. Dessendorf can beat Jno,
Goode, in the Norfolk district, he will de-
serve the thanks of the nation. Goode has
held seat in Congress for four years from
that district, without having been elected,
and it is about time he was stepping down
and out.
The Greenback or national party is rap
idly losing ground in Ohio. The newspa-
pers representing that organization are Ian.
gushing, and the sensible laboring men are
beginning to see the tricks of the dama-
gogue in all this clamor about smore
money"
The Democrats in Virginia who choose to
follow the lead of Gen. B. F. Butler, iii the
Greenback crusade, will live to regret their
infatuation. Greenbackism and Butlcrism
are synonymous, and the day of settlement
will come.
According to official figures at Washing
ton, the national banks have shared in the
general commercial depression. Owing to
the decline of premiums upon bonds and
other causes, their losses in the past two
years and "a half have been fifty million dol
lars.
Judge Harris writes to the Richphond
Wing that he is the original greenbacker of
Virginia. More's the pity. He will find
that is no recommendation to his conssit-
uents.
The Cincinnati Commercial thinks tina
every regulating rascal in the country is in
favor Of the repeal OF the Resumption act
and initiation of the currency.
THEN AND Now.-In 1866 Gen. Butler
was hard money man, and declared that
all the evils under which the laboring man
suffered were produced by an excess of ''rag
currency" Now, he tells the people that the
evils OF the present time can only be cured
by an excessive issue of 'srag money" Such
is politicians record.-NorfolkL Ledger.
And such is the ''record" OF the Demo
cratic party.