The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-08-10
The Ex-GcVernorcn Social and
Financial Questions.
NECESSITY FOR A SOUND CURRENCY.
Communism and Protection Offsprings OF
the Same Parent.
WISE WORDS FOR THE WEST.

his iarm in Deerled to-day. Alter adm ring the
beauties OF the location ana viewing relics OF Revo-
iutionary interest the conversation took political
turn, as folows:-
Governor what in your opinion IS the political
condition OF the country at this timo?"
.sTnere is confusion in the ranks Of both parties
General distress makes general discomfort. These
give birth to various theories about government
labor and finances Many OF them wild still they
are o. interest," they show what thoughts in tho
minds OF men, and what views are held BY large
glasses. While their theories may be false
stnl they prove that those who entertain
Them arc in trouble, and they will bring
out many facts, whicb will be OF value The dis
russions OF this year the end will be OF great USE
TO cure they must be brought to light Many
crude fances perish when men seek 10 bring them
put and defend them, and nothing discomfort
surely to let those wso are dissatisfied get up
parties and try to organize manage them. AS q
rule such parties fall ruins before they be
brought into the field of action This year will ex
ploae many errors, viii sha,tcr many new parties
and, IL is to be hoped will make clear establish
many truths"
TROUBLE FEARED.
'tDo you fear any trouble from the Communists or
pther sociastc parties who seek to divide property?
'Oh. no; In TINS country they the most harm
less OF men and will do good than hurt They
make clear by idleness their follies
oil sound social organization. When they talk OF gain
ing their by force and their desire TO wade up
TO their knees in blood, they only teach citizens
the Of good laws well enforced Their impotence
here shows the strength Of our government beyond
That OF others. madman may shoot king and
shake State but majories cannot De assassinaled.
1t bIunder interfere with their parades with
arms In their hands It would be good thing If
they obliged to show themselves with all their
weapons and banners, aud notices, frequent coca
sions. Not only the majority four people owners
of property, but not one poor man ont OF hundred
in this country would give up his chance oil gaining
wealth for all that the Communists could give him
they had iull sway Such parties only dan gsrous
IN countries whore society sratifed that tho la
borcr has no hope, chance TO lit himself above
want unless he overturu the social and political
condition under which he lives"
MAY
"But what will other parties do who hold less
destructive ideas than the Com munists ?"
''rhsy may elect some of their nomineesj they may
quality the action OF the OLD parties, get them of
their ruts bring new topics Tor discussion, and In
these ways may be OF use. The existence OF these
organizations proves that there 10 trouble and
distress in country, ana they will force Size gov
erning party LOOK their causes. do think
these organ izations viii DO long hved. As rule.
they appeal to classes ana 10 the whole body OF
that outside organizations pass away with the
which give them Dirth.'
.'Yon think, then, that some good may grow out OF
the present confusion 10 political afars?"
"Yes. As democrat l believe that the cxtrava-
gances of OF them make clear the falaces the
republican party. The Communist Is only highly de.
veoped tari man. who believes that the govern
makes the prosperity OF a country ana should inter
iere with the business OF lis czens. They both be.
iieve that tho property oil one should be given 10
another TO make his business prosper The one says
this should be done by DIVISION. The other reaches
the same end by taxaion. They agree IN the vital
principles OF their theories that Cover must pro-
tcc labor; thai political power aud not INDUSTRY and
pursuits adapted to the condition OF country,
the true sources OF wealth and prosperity We nave
TO hope that honest Communists viii see that
there the want and distress to-day among lac-
tory operatives who have been projected into poverty
by govern when, VI they had been let alone
them would now be owners OF THANKSGIVING, not N
close tenement, but amid The beauties ana abundance
OF The open, fertile country. Oh the other hand nigh
tarn men, wnep tney study Communism. may learn
that they get their wealth by taxing others, which in
principle is no botter than taxing IL BY DIVISION
.C0mmu nlsm, In lis open form, never do much
harm II does its latent shape IN our navigation
laws Maine shipDuiiders will not allow our mer-
chants buy vessels outside OF country. AS they
sannot get them here for prices when they ran
make them pay American nercc Is DIR wen from
,he of The world; aud we cannot send what
make or raise to many markets where they want TO
buy what we want SELL But for this all classes
Of farmers, mechanics and laDorsrs would At this
be prosperous"
II Is u curious fact that the wealthy manufacturers
G New England and Pennsylvania have been preaching
he doctrines Of Communism in urging that a class Of
American sborers must be protected and Supported by
taxing American citizens through tariffs
TUE GExESBAox QUESTION
"what do you think OF the Rrecnback qnesiionf
VIII not the West demand an imitation Of tho cur
renSyf"
al think not In the end although imitation IL popu-
lar with many At this time. Thera 10 also prejudice
In the minds Of people Of the West growing out
ofthe division OF our country into debtor and creditor
States. This is increased by tue stupid and selfish way
IN which the privilege OF issuing natona bank not cs
was divided Most OF u was gwen TO one corner of
our country where currency was less needed than
elsewhere. protested against this at the time, and
refused TO sign the bill which authorized the banks OF
tbis State to come under the law OF Congress. The
excuse Tor mis- Partially that all states
offered an equal chance, but the West was noi In
condition to TAXA its share. But II tho ruio had
been made that no state should receive more
tnan It's sharc OF the national bank cur
Tency Eastern capitalists would have ostao-
lisbcd banks al tho West. Tor at that time
tho privilege was one OF great vslue. Now II Is not
much cared Tor that OF the national bank cap
ual Is held in Pcnnsylvania New York and New Eug.
land IL Is local the rest OF the country have
become indifferent hostile to the system. But do
not think the West can Afford TO have an Imitation OF
our currency. 1t would he harmed ny this than
ANY other portion OF our Union. Appeals are now
made with some effect to their prejudces against
what are called bioated capitalists or bondholaora
class Of men who 40 not exist IN this country. We
have some rich men, but they are rich In lands, in
railroads. factories or kinds Of property other than
money. The government bonds owned In this coun-
Try are held by SAVINGS banks or insurance companies
ps trustees mainly Tor laborIng mon or persons OF
tmalI fortunes rho whole amount OF banking capt
tai is small item compared with othor forms OF prop