The Jackson standard. [volume] (Jackson C.H., Ohio) 1847-1888, 1878-11-07
From the Allegar (Mich.) Jaurnal, Oct 1871
A Plain Talk ON Finanee-Ex-Senator
Chandler On the Subject.

Mr. Chandler spike substantially as
follows:
We are in the midi of the most i'm
portant discussion and approach
ing the most important election, in my
Judgment, that we hive had since the
war The nation mayuot be in peril of
its life, but it faces peil of very great
seriousness. A nation nay recover from
pestilence, famine or war but there is no
recuperation from nationa dishonor An
impression seems prevalen that all men,
Of this country are dishues 1t is a
great mistake. An experiece of forty
years has proved to me that Len as a rule
are not only honest but honorale. When
Christ was op earth he choa His II
disciples from the common av~age of
men, and of the II but one pro ed dis
honest. ] think the world is adva1cinq
in the scale of honesty. Take me- as
you find them to day and you will ,ot
find in II. or in 25, believe, who ale
dishonest. | have had 40 years expert
ence in business and political life, Git is
true that my associations in political life
have been largely with Republicans. }
and | have generally found men disposed
to be honest During the war l was in
the habit Of loaning a great deal of
money to soldiers in hospitals, whom
had never seen, in sums ranging from 81
to $l00 At one time these amounts
reached in the aggregate So, 500 and yet
every dollar of these sums has been paid
excepting 50 so
Now, a new party has arisen in this
country, composed OF many elements
The first of these is the Com
munistic element, which believes that
government should supply each individ
ual with everything he needs, be the
common landlord and husbandman. 1t
is foreign element and | hope will not
take much root here. Some will deny
that this is a feature of the GreenbacI
Party but Brick Pomeroy, the head and
front OF this new party, who boasts that
he has organized 4, 800 Greenback clubs,
is an open advocate OF Communism
Another element is that of labor re
form A labor reformAr is a man who
thinks that something done against the
poor man, but be don't know what He
has had friendly legislation, and let us
see who en- acted it-what party has been
its friend for the past % years The
Republican Party struck the shackles OF
slavery from 900, 900 Of working people
and mad them free 1t has given to
public build, ,ngs and instructed public
works and made public improvements.
giving employment to vast numbers of
laborers lfyou want to join the true
laboriug mans party join the Republi
can Party. That has been. and is to-day
the real promoter of the welfare OF labor
ing men.
Still another element is the pure
eenbacker Whenever II person calls
himself a Greenback man, | question his
right to the title When the green back
was born | was there l acted as dry
nurse for the baby for years At the
opening of the war We had but very little
money, but we managed to pay the sol
diers in coin for time. We soon were
without money and without credit In
this dire extremity something must be
done We appealed to the people t.
trust US. to give US their property and we
would give them our evidences of indebt
edness, to be paid as soon as we could get
the money. They, patriots as they We're,
said, Take our property, give US your
evidences of debt, and We will stand by
you" We then issued tt first $50. .000,-
900 of Greenbacks, redeemable in per
cent bonds When this was exhausted
500, 600, 600 more were issued, and so on,
as the necessities tor more money came
upon US. Every dollar of this was issued,
and so on, as the necessities for more
money came upon US. Every dollar of
this was issued, however, with the sol
emn pledge OF payment, and we will re
deem that pledge. We pledged ourselves,
also, in conventions, that they should be
paid in coin. What we must do and
what we shall do is to keep that pledge.
We shall have an honest dollar-a dollar
that is worth 100 cents-as good a dollar
for. the laborer as for the bondholder.
When a man sells days work, or
bushel of wheat for dollar, he wants Il
to any body else, and that he must have.
If you are true Greenbacker, then go
with the Republicans, the original Green
hackers, tor honest greenbacks equal to
coin.
| am surprised that here in Michigan
there are people who demand An ire
deemable paper currency, after the cxpe
rieuce the State has had with it was
in business, IN 1887. You remember that
Mrchi gan borrowed largely, and projected
Il system OF railroads, but IA crash came,
and with 1t the cry tor more money
The legislature chartered large num-
Der o. banks, but they failed to meet the
entire demand, and the State began to-
issue its scrip fiat money, which | have
repeatedly sold tor 81 cents on thu dol
Lr '>r. Old ,he D. roi5 4crip also Il
pn.y % Ga ., O. L.. i,.., Foil wa
th.--.. cam ~. .ic,I "r. kIu- ijiv,
=,. .a.as. ~ e. ru. G. cnrr"H'"