National Republican., 1878-09-16
THE CURRENCY QUESTION.
tCbn,tnrod IRON Frsi Puoe.l !

80
back party has, as they say, swallowed up the
Democratic party In the State of Maine and
the Secretary Of the Treasury, In an interview
reported In some paper, rather hastily, as |
think, concludes that the Democratic party Is
destroyed, and that the Imitation party Is the
great red dragon which is now 10 be fought.
don't believe IL! Wherever the Democratic
party Is In tho minority II is always anxious
to be swallowed up by any third party, that can
take enough out OF the Republican ranks to
give them the pleasure of seeing the Repub.
licaus defeated. [Applause.l
You will see no lack of order In the Demo-
cratic ranks south Of the Potomac. have sat
for nearly five months In the committee rooms
Of the Republican party in Washington, daily
reading and replying to correspondence from
all sections Of the country and II the Repub-
licans of Essex County could see the appeals
coming up to that committee from tried and
good and true Republicans In the Southern
States, their hearts would awaken to new
Republican life and they would swear that the
party Of the rebellion, and Its allies IN the
North should have no easy victory over that
party which for sixteen years ruled the des-
tinies of the country. [Applause.l One more
word in regard to the currency question.
SENATOR TuuRNAS's SPEECH.
Senator Thurman, Of Ohio, most estimable
gentleman, and one for whom have the highest
personal regard, has sounded what has been
called tho Democratic keynote In Ohio, and /
have been somewhat amused to see tho COM
ments Of some Republican papers on his speech.
II he said anything in that speech which I
cannot agree with II was when he claimed for
his views that thoy were the Democratic doc.
trine. Some Of his own party papers say that
they are not tho doctrines ho has hitherto de.
Tended.
Ho is a grave and reverend Senator, but
Il. r l.. l.. Ia ss...
and | can well imagine how he has been
laughing In his sleeve at the effect of his speech
upon some Republicans. His is said to be
"the Ohio idea"
TIE OHIO IDEA.
This famous "Ohio idea" seems to mo to be,
for an audacious Democrat to rush frantically
up TO Republican, announce the views hith-
erto maintained by the Republican, and in.
duce the Republican to run away from his own
doctrines-a pretty good idea for the Demo
crats. Mr.. Thurman no doubt means what he
says, but possibly he does not say all he means
! have In my hand q speech which found
this morning, reported in the Philadelphia
Times, made by Senator Wallace, OF Pennsyl'
vania, Democratic Senator Of that State.
THE PESSsYLvASIA DEMOCRATIC SENATOR
FAvORs TREASURY NOTES NOT
LEGAL-TENDER.
He lets In little light upon the Democratic
position In regard to the greenback. lie Is IL
favor of greonbacks in place Of the national
bank circulation, but openly opposes their be
| ing made legal tender. He says the Supreme
Court has decided that the Constitution for
bids the issue of lcgal-tonder notes except IL
timo of war. In this he is entirely mistaken
The court decided that the Congress had powe
! to issue tho legal.tender notes In time o
great emergency. 1t then stated that from thu
war needs Of the Government the particnla
emergency arose under which Congress actet
| In 1862 II did not state that an emergenc,
could not arise In times of peace which wcult
| justify further issue. / only allude TO thi
| 10 show the friends of the greenbacks that tn
Democratic Senator of Pennsylvania frankl.
declares his opposition to any further issue o
| legal-tender notes, but still advocates the sub
stitution of Treasury notes, not legal-tendel
for the national bank notes. Perhaps this !
also the Ohio idea. Tho Greenback Republi
cans had better rcms. u with their own part.
and shape its policy on tho currency question
than aid the Democracy by withdrawing iron
our ranks.