Mexico weekly ledger., 1878-10-17

In Ohio the election was based on
the fnarce question. On the side OF
the Re republicans was the following
platform:
REPUBLICAN PLATFORM.
"The financial question having
been disposed of by congress, and
the country at present needing re-
pose, in order that capital may seek
investment, and that industries may
revive, thus increasing the demand
for labor, the situation ought to be
accepted. and we oppose the further
agitation of the question at this time,
as injurious to business and devoid OF
other than evil results"
Directly opposed thereto was the
NATIONAL PLATFORM.
"We demand that the government
shall issue a iull legal-tender paper
money adequate in volume for the
employment of labor, the distributor
of its products, the requirements O
business, and for the payment OF in
terest-bearing bonds as fast as re
decmable, the withdrawal and cancel
lation of all bank notes designed tc
| circulate as currency, the non-exemp'
ton from taxation of all private prop
erty, the passage of a graduated In
come tax, the unlimited coinage o.
gold and silver and the repeal of the
| specie resumption act, all legallzeo
monopolies abolished and their es'
tablishment in the future prohibited.
Intermediate and between these
came the
DEMOCRATIC PLATFORM.
eve demand further rs acts o
iassaHsys we'll Of -slief
-. sSStion of the coin
hoarded In the treasury; the 4onuo'al
| of all restrictions to the coinage OF
| silver and re-establishment of silver
as a money metal the same as gold
the same as it was before its fraudu-
lent characterization the gradual sub
stitution 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 SC
regulated by legislation organic law
as to give the people an assurance OF
the stability in the volume of curren-
cy and consequent stability of value
no further increase in the bonded
debt and no further sale of bonds for
the purchase of coin for resumption
purposes, but the gradual extinction
of the public debt, rigid economy
and the reduction of expenditures in
all branches of the public service, and
tariff for revenue only"
Uupon these presentations of poll
cies the the Republicans carried the
election for state officers and at first
sight such a reversal of a previous
Democratic majority might be taken
as a condemnation of the views of
that party. 1t is always difficult
however for citizens of one state to
understand the internal political
workings of another state, and on
that account the best index of popu-
lar sentiment in regard to finance in
Ohio is the congressional result. All
the issues before the electors contem-
plated congressional action, and it
seems impossible that they failed to
give expression to their sentiments
in the only way in which efficacy
could be impaired tn tho~. Tie
congressional elections seem to indi-
cate that as between Democrats and
Republicans Ohio is nearly equally
divided.
The National Greenback Labor
Party made no mark. 1t did not Sc.
cure a single Congressional represen-
and for State officials and its
vote falls far short of the boasts made
previous to the election,