Daily Kennebec journal., 1878-09-13
From the Belfast journal (dem. J
The Election.

We give elsewhere the figures which show the
result OF the election on Monday. Briefly they
are that there is choice of Governor, that Ladd
xreenbacker, is elected over Powers in the Fourth
Congressional district, and Murch, greenbacker
10 the fifth. over Hale. The Senate is repu bican
by decided majority. but the House will prob
ably be controlled by the greenbackers.
The democratic party of Maine has disappeared,
swallowed by the new greenback organization,
which will digest it at leisure. A faithful and
honored few have stood for principle, and de-
clined 10 forsake the lessons they learned from the
| fathers, and which were derived from the bard
school Of experience. These will find their justi-
hcstion 10 the near future.
There is one thing which must be apparent to
those who have been active in fostering into prom
lnence and almost into entire victory the green.
| back scbeme-those, we mean, who have been its
brains and organizing force-and that Is that their
plan must be wholly impractcable. They have
played upon the credulity and ignorance of the
| unthinking, led them on wild chase after i'm
possibilities, under the delusion that they would
| be Immediately and certainly realized-while the
schemers have had their eyes steadily fixed on
| official positions and profitable places for the Ill
selves. These men, we say. know better than to
preach the delnsions that they do conceruing
| hnance. They know that the experience of the
race, the history Of governments, and the mayims
| OF all hnanciers, utterly condemn the wild vaxa-
ries OF nredeemablc paper currency. and the in
| Hated balloons OF rag money. Out OF this grows
Tue uoPc tuat the more prudent among them may,
Tor their own credit and security, If from hig her
| motive, be able TO control their followers to some
| hing like reason and justice The blind follow
ing OF such lead, aided by old party hstreds have
| affiisted with the greenbsckers many democrat,
who have been credited with sounder sense than
an adhesion to that which denounces the old cor
ner stone Of deuocracy-a currency based on
specie redemption.
This class of men cannot fail to perceive tbs all
who "abide in the ship" must of necessity share
| her fortunes. The harmful meas must alike
work injury to all, the heslthful reach out their
benefits TO each, and the average sentiment of the
country guide all. Whatever of bsne or blessing
hey afford, that they must partake OF. Let as
hope that the sober second thought of the more
| Intelligent in these matters may be 10 some ex-
tent relied upon TO neutrslxe the worst OF tn
which will threaten should the example Of Maine
prove contagious.
But between us and the retaliation of the de.
signs OF the extremists, there lies the yence
and conscience of the American public-of the
The people Of great, powerful and wealthy states
whose leading aud controlling minds will be awake
TO the danger and prepared to meet it.
While it is difficult to predict what shape the
new party may take, or what mbnations it NAV
make, we feel certain that It's leading principle
Of a baseless paper currency will be al short
lived as 1t is delusive.
In cOncus on let US say that the friends Of sound
currency will bide their time. They can well af
ford 10. Right is not the less right because il il
for time ovetborDe. Even in solomon's dav
there were those. each wiser in his own conceit
than seven men that can render a reason R.t-
ribution will surely come, when tbrough h ignorauce
or FOLLY the eternal laws which govern finance are
violated. Though bonfres blaze, aud brass ba ntis
crash, and eNciied crowds shout. the refecting
mao knows Il at there will follow, fast and sure
mat which Will be neither Rladness nor rejoic ng