Macon beacon. [volume] (Macon, Miss.) 1859-1995, 1878-08-17
The G-7eenbackors.

"'"o"''.'' '"' i'''' 'u'' ''e
"" P"'S' ''"''N themselves 'he
''','n"' '''u'"' party mas al
o"'S acquire" o''n' ploPo''IolS
N'''"'e"S !" SPlo"o over 'ho
country from Name TO All
.'''''"' ""'' II 'ne Pec"''"r ooc-
''''0 '''' " S''Illh" 6rouhu WIFI
i'P'"'!' IN" ""'O J" INC JUS
'''""S l,"'''' II anu
present P'f'y Is
lhore' IN ic"Aty' any vital difference,
amy ne" Issue h"t heretofore conteh-
u'd ior d! Democrats, or Is the pres
ehl movement mercy hrlh@mG Tor
""r'' rs VI paramount importance
" prlic'ple acknowledged AS essehtl-
any "olH"craucE
Inc platform adopted by the Dol
aware Convention contains the glst
ol the Whoie question: IN th"' Il
currency Is demanded, consisting OF
8oiu Hhu SILVER ana paper con
'O''l"lo "' VIC PIo'S"lo VI VIC llol''
u 4n'o So'" VI S'I''i' "N"' Is 'll'i'
81 no" Ill 'HlS "oc'rlhe' According
w our UNDERSTANDING II has long
o'cn lohlo'lilenIaI prlhclple OF Ihe
~eilocIa' party nat ele promises
~ pay " ny Ine government,
'H""f' 'o equiSaIeuV 10 6ola OF Slt-
Nol ; III o'ner "oF"S' 'n"C Ihe cfeulI
VI VIC 6o'oin'nei'V Sio'uo DC ii" nril
DC 'n'O VI any ln"l'io"''' al" us
l'i',''' ~ P"9 -" "eii''ii" ioui"
W i''''i''" VIII 10 1n'cl prompt
no'' 10 INC "O''' u ia''i'I'"'i'' IL
StlS VIC" u '"e question: IS III Vhe
"ii'roil'o Vne Dollocr"''c
ana 'n0 P"l'y more up
parent 'h"h real tS 1t hot' 10 Il
Il great EXTENT a mere oil'rehce III
names
Dom want a paper currency, bus
ooth want 1t equal to gold, and 1t
seen" o''t " reasonabls demand on
the government To ask mat 1t make
us credlt as good as that OF business
men III good standing Inc Green
o'cNefS want the national currency
receivable by the national govern
lnch' at par Is II 300 much to ask
'ha'' Ii the government can not meet
It's h@Oill'ieS promptly by paying
out specie II WILL at least, accept Its
own promises to pay, IN satisfaction
OF CLAIMS due 1t from Individuals
what sort OF honesty is there N say
ing, that While the government salts
neS us ooHSaVlohS 10 me by
PROMISES 'hoSe promises are
worm SO NUE. even III the
eyes Oh Inc government thIt 1 mus
pay my DIS IN specie and until re
Gently III gold? What would be
thought I'll Il man who should IN
SiS' on Paying MS creditors with
promlSony notes, and SHOULD refuse
to accept those notes IRON ms debt
OTIS?
Ii IS a mistake to suppose that
NreenbackS me money They are
nothing more nor less than promise
ry notes payable on demand, and
resting Tor their value on the good
1alth ana credit OF the government
The national currency or issues
OF the varlous national banks,
are nos money, neither are they
Greenbacks, The government is res
ponslble Tor them as guaranteeing
Their payment, but they are not dl-
rect promises OF the government
and while Its 1altn Is pledged tol
their payment, still an opportunity
IS gwen Tor speculation, OF winch
the capitalist IS not SLOW to aval-
himself
The idea which actuates the Green
hacker Is, let us have no mixed cur
rency; do away with the natlona
banks, and let the only promises
which are to circulate as money, be
those OF the government, and let tie
faith oil the government be unlm'
pared ana 10 keep II 50 let It's prom
l'es bs,fulhlled to the.letter' VIVA.
would De the effect OF tAls course
would 1t BRING about a retirement o