Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-09-04
continues to repudiate the greenback. It
also repudiates the trade dollar, bearing the
stamp of the United States mint. party
of honor indeed!
n1A1YE,s CURRENcY rHE0R1Es

the other day he was subjected to an inter-
view by a'reporter Of the Times. The con-
yersation was to great extent informal, but
during its progress Mr.. Blaine developed the
faculty which he possesses in an eminent de-
gree of adapting his principles to the section
of country in which he happens to be. Only
on one point does he appear to hold to the
same view-the advisability of nominating
Maine man for President in 1880. In this
respect he is not variable. But he gauges
his financial views according to thestheories
of the people among whom he happens to
be cast. In Maine he is the hardest of hard
| money men. He there declares that nothing
is money but gold; that all else is worse
than dross-a delusion and a snare-that the
greenback may have served a useful purpose
but is not money, never was money, and
never will be money. There he holds that
the government has no right to place its
imprint upon piece of paper to be used as
currency, and that if it does so the paper
assumes no additional value whatever. But
as he progresses westward his views, it
appears, undergo change In Chicago he
had progressed SO far as to declare that the
financial policy Of the future should be
combination of the extreme hard money
demands of the East with the extreme soft
money dogmas of the West-a sort of hash,
as it were, suitable for the diet of everybody
under the sun. He holds that if man
doesn't like liver he might be induced to
swallow some if it is disguised by being
combined with other more palatable meats.
Probably if Mr.. Blaine should continue his
journey to Colorado he would become raw
ing Greenbacker, and put Sam Cary to the
blush by the feryor of his advocacy of "fiat
money"
Senator Blaine is undoubtedly great
man. None but great man would aspire to
take seat in the executive chair of this great
nation. But on the questions of finance he
is little off. In the first place he mistakes
the opinions of the gold bugs of the Eastern
money centers for the sentiment of the mass
of the people in that section. This is per-
haps natural, for he is too far above the
common herd of mankind to come within
the hearing of the people. He hears the
sentiments only of his chosen friends and
companions, the money brokers of Wall
street. Then he mistakes the rawlings of
few lunatics, who clamor for the issue of an
enormous mass of irredeemable paper cur
opinion of the people of the West. He has
forgotten, if he ever knew, that people who
talk the loudest, and adopt the extreme views
either on one side or the other of political
questions, seldom have considerable fol-
lowing. They represent nobody but them
selves.
The truth of the matter is that at the
West there is no large number of people
who desire anything but thoroughly stable
currency. They advocate the plan that will
result in giving the people a currency that
will be what it represents itself to be-a
full legal tender. They are solicitous for the
national credit, and demand that all the
promises of the government shall be re-
deemed. They condemn the practice of
debasing-of throwing discredit upon-the
currency issued by the government of the
United States, and certified and Endorsed by
its seal and imprint. The people of the
West may be dull of comprehension
but they fail to comprehend wherein the
gold dollar has any better right to be
especially favored over the silver or the
paper dollar. Both are created by the edict
of the government, and one has as good
right to existence as the other, and as long
as they exist they should have equal respect,
and be equally legal tender in payment of
all dues, both public and private. The peo-
pie of the West do not want large issue of
irredeemable greenbacks. They simply want
enough for the needs of trade, and want
whatever currency they haze guaranteed and
honored by the government which issues it.
If Mr.. Blaine would only descend from his
pedestal of greatness and take the trouble to
inform himself of what the people really
want, he would learn that the financial
theories SO much in vogue at the West are
not such bad theories as he has heretofore
supposed