Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1878-09-13
Andrew Jackson or Allen G. Thurman.
Which the Fraud.

ANDREW JACKSON was the great law
giver of the old Democracy. He was
its recognized founder and its inspired
apostle and prophet-the embodiment
or incarnation of its principles or creed.
Was Jackson a fraud? Were the prin-
ciples for which he so stoutly battled,
the measures for which he and the De-
mocracy so long contended-its "hard-
money! policy-and which Allen G.
Thurman so long and so ambitiously
sustained-were they, in the language
of the present Democracy, "perni-
cious'' in their character and effects?
We're they hostile to all the interests of
the people-destructi Of those of the
merchant, farmer, mechanic, and labor
er? Either they were, or Thurman is
fraud, as he is an apostate from his
ancient faith, the creed of the fathers
of Democracy!
In his recent speech at Hamilton,
Ohio, while defending his consistency
in supporting the financial heresies OF
the Ohio Democratic platform, Thur
man says:
"It the platform1 condemns contrac-
ton of the currency; demands the re-
peal of the resumption act; advocates
the removal of all restrictions to the
coinage of silver, and the re-establish-
ment of silver as money metal, the
same as gold-the same as it was before
its fraudulent demonetization; the grad
ual substitution of United States legal
tender paper for National Bank notes,
and its permanent establishment as the
sole paper money of the country, made
receivable for all dues to the Govern.
ment, and of equal tender with coin
| the amount of such issues to be so reg.
ulated by legislation or organic law as
| to give the people assurance of stabili-
ty in the volume of currency, and the
consequent stability of the value"
And, pray, what are theseP Are they
not, one and all, the doctrines of the
old Federal opponents of Democracy
Do they not embrace all the tinancia
heresies of Alexander Hamilton, n;
they do those of Clay and Webster anC
the elder Ewing, in support of paper
currency as opposed to gold-heresie!
against which for years Thurman full
minated his thunders? He denounced
them asruinOus to commerce and labor
as destructive of all the industrial in
terests of the nation, and as conceived
in fraud for the benefit of Rag Ba
rons," "Shinplaster Princes" "Ras
Monopolists," who in their schemes o
plunder, were draining the life-blooC
of the Republic!
In the Senate of the United States
when Mr.. Ferry, of Michigan, during
the debate on the "Infation BILL" o
the session of 1874, read the followin.
extract from the Cincinnati Enquirer
Last fall, when the panic began, Sen
ator Thurman justly characterized it i
his speeches as the result of an effort o.
the part of the creditor East, to fore
the debtor South and West into vic
lent resumption of specie payment" y
Mr.. Thurman Indignantly rejoined
"Mr. President, l never uttered sue
an idea. / never thought of such a
idea as that the panic was the result @
an attempt by the creditor East to fore
resumption of specie payments. o
the contrary, in every speech mad
/, on this subject | said tn
panic was the result of over-trading
> excessive Indebtedness, and of Congres
sional legislation-that it was over
trading, running too much in debt, en-
barking in unremuneratiye enterprises
e and notably, that il was the North Pa
ciiic Railroad enterprise"
n Hence, imitation, further issue {
+ irredeemable paper, would not cure th
G evils flowing from it; it would only as
9 gravate them. All through the debate
S indeed, Thurman defends the earlie