The daily gazette., 1878-10-14

| "NoTHING but the passage of the silver
bill last session could have made 1t pos
siole to restore specie payments, but with
plenty of legal tender silver dollars re-
turn to specie payments can be secured
and maintained with the existing amount
of currency In the country.
| "We wish there was to-day not less
than 100000, 900 legal tender silver dol
lars in the country. We should then not
have as much silver coin ~ France now
has. nor not as much ~ this country
needs. No danger of initiation with sill
yer coin, nor could there be imitation
with paper money II there was plenty of
coin to redeem It, Many persons who
| cry out for honest money don't mean it.
They want nothing but gold COIN and
| paper money, which would necessarily
| be irredeemable, and it is generally true
that those who insist upon honest money
are advocates of the National Bank as
well AS of gold coin alone" Delapdredn.
We copy the above from the Deidudredn,
weekly paper at Dover, owned and
edited by Senator Salisbury, for the pur-
pose of expressing our pleasure at the
truth and good sense expressed therein.
1t is an insult to the good judgment OF
the people to tell them that the legal
tender silver dollar is "a dishonest dol
lar" more than that it is falsehood
that should not be uttered by men wish
ing to maintain a reputation for truth.
The wish expressed by the Deiardrean
that we had not less than $500, O,OOO, 900 of
legal tender silver dollars, is very nat
ural one, and we join in it heartily. And
we might now easily have had $500, ,000,-
900 Of legal tender silver dollars had
Congress ordered their coinage years ago
instead OF demonetizing silver. In all
these years silver could have been pur-
chased with greenbacks and coined into
money and paid out for greenbacks thus
giving us a good silver coin basis, which
would have brought greenbacks to par
two years ago. All this was prevented
by the schemes of the gold gamblers and
greedy bondholders who paid Attorneys
in Congress and out of il, 70 force n
single gold standard upon the country
and thus get the bonds held by the banks
and brokers redeemed in gold alone,
While it was at premium above silver,
caused entirely by the demand for it on
the part Of the government created by
this very scheme. A bolder ATTEMPT at
eXtortion was never perpetrated-it was
usurious in its inception and intended to
rob the people of just so much more
money as the difference between gold
and silver. But the scheme was not to
stop there. For after they got their
bonds paid in gold they would have it
all, and gold was TO be then put up, and
the banks and brokers were to profit by
another sale of it to the merchants to nav
duties. This scheme amounts to such a
fraud that connected with the demone-
tizatlon of silver would in a Delaware
court be held to be usury, and void the
whole payment Of the bonds. There
never was case tried in our Courts
where usury was more clearly shown.
The people through their representatives
agreed to pay the bonds in greenbacks.
and no subsequent Legislature had fright
to secure higher rate of interest or i'll
crease bond on debtor; but any agent
may be employed to get rate of interest
reduced. This wrong was perpetrated
upon the people Of the United States,
and the laboring portion taxed with the
cost in so heartless manner that they
will never forget or forgive it. Aaron
Burr was not more to be dreaded than
the Radical statesmen who surreptitious-
ly passed the bill through Congress de-
monetizing silver and, then stole the
Presidency for Hayes, (who had sold
himself to the gold gamblers in 1875
when he was elected Governor of Ohio
to carry out their scheme.
Marshals and Mileage.