Mexico weekly ledger., 1878-08-22
e0NGRESsIoNAL CONVENTION
''GREENBAcgs.

Greenbacks continue to be the all
absorbing enigma All sorts Of opins
ions are entertained sia,iregard ito
them. While q few wish to see them
retired, many, and most Of those
that we converse with, are extremely
anxious to have more of them. To
our thinking, the most sensible ex-
pressions in regard 10 them come
from the gentlemen that formulated
the Democratic platform at jefferson
City, $50 Al sgA 81 aog haA" =.
These declare that a return to spe-
che payments is impossible in the
present financial coalition of the
country, and demand tine immediate
md unconditional repsal of thesact
Of Congress Of january IA, 1873,
known as the resumption act, holding
the same to be unwise and ruinous
% the i~ntspssts Of the people, They
demand alsos b there shall be'issued
from time to time SUFFICIENT green
backs to supply the wholesome, and
necessary business demands of the
whole country ~ 1AHrEA ~
Such views are Numerically OPP
oppcsediby tlsaseventsrtained bythe
Republican,: ssbo desire that an
grssnbacks presestedi for redemption
sfter the Airstild 9 Of january next
sAaii be retired andacaneeiled " They
sssDa sqaaIly aopposed 10 the aims oi
1bessi that @woold tissue greenbacks,l
we7ouiy iiutiI the national bank notes
- liauidsted,, dbatwuitil' every inter-
Ot~beating United States bond Is
inverted into currency. he bi,y5L IA
Upon this, % inoaln.ostj ali other
~qaestons, the ground occupied by.
~ Democrats is safestJ at Theirs rule
a guidance is not of the ht.ast iron
0sdes.f Theydare not pledged bysit
Universally and forever toasither COM
tncuon or expansion. 1T Their utter
asces show that for the preseutth they
fssor an5increase Of the volume of
grsenbacks and demand satHthe same
time that all greenhacks sissardsshaE
be used in the purchase and retirs,
ment OF the bonds Of the United
Ststes, 90 that the Interest besisfkg
debt of the country may be lessened
TO the extent Of the greenbacks thus
put into Circulation t pp ''s'ost
The Hon. A. ii, Buckner, has adj
dressed a letter upon this subject to
the Hon, Webb n. Rnbey, from
which We make the following extracts
ssHas the Forty-ffth congress 81 en- l.
acted any measures, the eject Of
which either directly or remotely viii
take from resnmptioA any or all of
its stings? The Eastern bard money
advocates would answerlthat we have
done too much, while f0nf Nationals
and ultra Greenbackers would, saw
that we have done ncthing1 yAs usual
ths truth lies bekEeen ztheotwo en-.
uemes. Instead of having all oar,
debt, including the grecnback, paid
and redeemed III one and tie dearest
of the cohstisut1ousls mstalspa a. c6tsl
ssmplated by sfhss sresuinptian aas.sa
es1Efsu-has taksn-A.losg step in the
Aissctioa ~ mlieft - TIA people. from
60 s1sctA q the yieiops lsgislation
- the past fifteen years, by the re-
keostiEatipn apd rec9inager ,of' the
dkavsr dollar, and ipcTeased The means
sfpnyment Of our 1hdiyfdndi, cofpor.
sG1on, state and sHafi6riAks dehts be-
lood circulation. The ef7ectsrof this
016SuSe have ~ ~ B~e<ntfeft9sv ms
Dsopls ~ = very limited sd&tfee2 but
- u1sr1ates fn0uenoe II taus1bhriauas,
- IL country, ard eapsedaliyc5es in
0usnea u rel1sinnG Aas o. th1ssi6n4sss,
- pexils of resumption DeE,uIsnb-
~, cs4np4 ~ tpps4 greatly naxyifed.r
= saFeady ~sppreciatsd ~ the as
-