Daily Kennebec journal., 1879-07-04
Mistaken Notions.

II is a mistaken notion to think that the
years in which depression of business and
hard times have ruled in this country are
the years in which the seeds of the hard
times were sown. The seeds of the
troubles which have been affecting us as
apeople were sownin the years of imitation,
extravaganza and speculation, which i'm
mediately followed the war; We are now
in the condition of individuals who, hav-
ing spent their younger days in excesses
of all kinds. are in ripper years struggling
with the infrmities and evils fastened upon
them by their former bad habits and in-
dulgences, in order to regain their origi-
nal health. The effort to resume and
maintain specie payments is an effort
TO regain sound financial health. We
arr shaking off. not adding to-, the iinan-
cial diseases brought on by an over
abundance of incOnvertible paper money,
Our sufferings are the effects of former
evil practices. But our condition is im-
proving. We are in better health than
before resumption, and shall continue to
improve if We keep steadiast to the finan-
eial ideas on which the republican party
stands.
Ii mistaken notion to believe that
more inconvertible money is what we
need to cure our financial ills. That is
the very thing that brought on our troubles,
and to go through another period of inila
ton and extravagance rs the result of the
unlimited use OF irredeemable paper mon
ey, would be certain to invite another pc
riod of debt, bankruptcy. stagnation of
business and hard times worse than the
one we have now nearly passed through.
IL is mistaken notion to suppose that
making the currency in which the poor
man receives pay for his work as good as
the coin in which the bondholder receives
the interest on his bonds, is not an advan-
tage to the poor man as well as as meas
ure Of Justice and fair play to all con-
cerned.
II is mistaken notion for farmers,
whose property is largely in land, which
evidently suffers more than other prop
erty when public financial disorder pre-
walls, to think they can encourage and
support greenbackism without suffering
deeply in consequence should the ideas of
the greenback party prevail. If they would
like repetition on much larger and more
disastrous scale to their interests of the
financial distress of the last five years let
them vote the greenback ticket. 1t is a
strange thing that the greenbackers should
find any strength at all in the country for
their fiat money and other delusiye. and
dangerous theories.
1t is mistaken notion that the green
hackers have held their vote in this State
since last September. The Spring elections
told adiAerent story. The republicans car
ried the city government of every city in
the State, last Spring, except Biddeford,
and made large gains in the rural towns.
There is not one-fiith part as many active
greenbaek clubs in the State this wear as
last not one-forth part rs many greenback
papers circulated now as then, and the
9reenbaak meetings have generally been
poorly attended and but little interest is
manifested in the organization except
among those who have an Office to save or
one in view. For every man who goes
over 10 the greenbaekers, there are scores
leaving it and reioinng the republican
party.
II is a mistaken notion-if any one has
it--that Mr.. Davis is the candidate of a
ring. But there is no mistake that the
Portland convention at which Joseph L.
Smith was nominated was the most sean
dalous piece Of political jobbery and de.
ception ever practiced upon any party in
this State, and for evidence of this we take
the statements of Chase's Chronicle anc
the New Era of Portland, two OF the leading
greenback organs Of the State. Ii cannot
be charged that this is republican lie. -
for the Foremost of the grecnback paper.
declare it boldly.
II is mistaken notion that the double
combination parties, with their two-faced
juggling platforms, will operate harmoni.
casly asd effectively in this campaign. 1t
is all cheat and fraud under the man.
ag"nent Of old wire pulling rats. and the
concern a'illgo out before September in a
flash OF Spontaneous combustion and never
he seen or heard of again.