The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-01-19
THE GOLD RING APPEALS TO MR..
EUSTIS,

com mercial journal deliantiy declared that, II
the South and West refused to submit to the
financial policy dictated by the bankers of the
Eastern cities. they would be made to submit
The gold sharks and bondholders are not dis
posed TO leave untried any measure, either of
on persuasion which may win
them recruits in their war upon the people
The New York Bulletin sounded blast do
signed to overawe MS. and now the Tribune, on
another tack, makes a piteous appeal to SEN
ator Eustis to throw his influence and vote in
favor of Wall street.
Through three-fourths OF column OF
twaidle that Is scarcely up to the financial
idiocy of the Pcdp,,ne, the Tribune attempts
to prove to Mr.. Eustls that the remonetiza-
ton OF silver will ruin the South and espe-
cially New Orleans that the interests of his
people lie in supporting the New York bank
ers; that If he and his people support the
silver bill and the repeal of the resumption
act IL will be considered that they do
30 because they hate the Union and desire
to destroy its credit and stain its honor; that
consequently the old spirit of sectionalism will
be revived IL the Southern Senators and Rep
resentatives stand against the East on the
financial issue.
1t seems that, from an Eastern standpoint,
the spirit OF sectionalism, the memories of
the war and the ghost of the Confederacy
can never be laid save by tho abiect sublnis-
sion of tho South to the dictastion of the East
We believe that the Western States cotlsti-
trted about as great and potent a factor In
"the war for thepreservation of the Union" as
tl, "A. ibinlr In nj
men and soldiers of the West were as earnest
ly enlisted in the overthrow of the Confed-
eracy, and were as wise in the councils Of the
'nation," as were those of the East; we think
the crusade of nearly the whole world against
the South was as much crusade of the West
as IL was of the East. Why, then, we should
like to have the Tribune tell US. will the South,
by supporting the financial policy of the West,
be more liable to incur the odium Of
sectional hate of the Union and n desire to
stain the honor of the nation, than by obeying
the order of the East to uphold its gold and
bondholding rlngs2
This chatter of the Tribune about the sec
tional spirit of the South is ill-mannered and
ill-timed. The people of the Southern States
have the same liberty of opinion that those of
the other sections of the Republic possess
and they intend to fully, freely and fearlessly
exercise It, IF the spirit Of sectionalism Is
re-aruused. it will be by that section which
seeks to override all others and force It's
peculiar views upon the country. If there is
any hatred of the Union existing in the coun-
try it is manifest only in that section which is
displaying an eagerness to accuse.
insult and bully this section. The South is
with the West on the financial issues before
the people, and the Tribune and the Eastern
bankers can make the most Of 1t.
But that journal reaches the height of
idiocy or audacity of statement when 1t APP
peals TO Mr.. Eustis to oppose the silver bill,
on the ground that the South has an interest
in standing with the East very brief review
of our relations with the East and West will
show how absurd the Tribune is when it lays
down this proposition. What, indeed, consti-
tutes the governmental policy Of the East?
Why, simply this: The establishment Of the
single gold standard; the payment of govern
ment bonds, which, under the contract, are
payable at the option OF the government either
in silver or gold, in gold coin alone appreci-
ated by the-swindle through which silver was
and finally, bitter, fierce and rin-
dictiue hostility to every appropriation By the
general government to aid any Southern or
Western enterprise, however necessary or gust.
Is this policy with which the merchants OF
New Orleans can accord2 Is this policy
to which the Senator from Louisiana can give
his sympathy and his aid2
New York finds no difficulty in obtaining
millions from the Treasury to improve her
harbor, but a proposition to make the most
though needed, appropriation
for Southern or Western rivers raises dia-
bolical howl from one end of the East to the
other. A short time ago a large appropriation
was made for scarcely needed improvements
at He'll Gate Mark the difference. On the 18th
inst. Mr.. Reagan, of Texas, from the Commit
tee on Commerce, introduced in the House a
bill appropriating $4,000 for the removal
of snags from the Mississippi, Mis-
souri, and Arkansas rivers, and $4,000
for the Red river above Shreveport.
The bill for these insignificant appropria-
tions was scarcely read before Mr.. Cox, of
New York, with the agility of a jumping jack,
sprung to his feet to oppose it. From what
SURGE do we find the opposition to aid for the
Mississippi levees? The East. From what
qua'er comes the hostility to system Of i'm
proVe>ents of our great river and aid for our
railroa'-snterprises? The East. From what
quai0ei 'one have the Mexican greasers
VINO avesor twenty years been murder
ing our hlow-citizens of Texas and
steailns 'i'en cattle obtained sympathy?
Inc has'' oeo"se that section fears that a
thorougn pu ,a ~, protection of the Texas
lroh'iei "ou'u 60 the annexation of terri
Tory WHICH Moulu ~. then the South Thus,
win no nieasulo 80, 49, a. the vital interests of
the SCUM anu GOV w ind the East in ac-
cord.
Upon the other hand, the e has col; tod
an alliance with the South. OF .;.,,+r, 80.