Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1879-08-07
Vol. XIV. Whole No. l277. No. 50,

backs. and all this is done without raising
any question OF good faith with the public
creditors.
They also demanded that the customs
duties should be paid in greenbacks. This
Is now daily done, without question, as the
result OF resumption.
We receive United States notes for all
purposes and all demands, aGd pay them
out for all purposes aud on all demands.
| Resumption has enabled US to do this. Ii
has accomplished every object which the
Greenhackers sought TO accomplish by the
| repeal of the resumption act. Should they
not be content? What more do they want?
Are not we who have brought about these
results better entitled to the name of Green
| hackers than they who would forever keep
the greenback as q dishonored and ire
| deemablc note? We presided over the
| birth OF .reenbaeks and guarded them In
the cradle. The Democratic leaders de-
! nounced them a fraud, with the mark of
| Cain on their brow, as worthless, to be
/ bought sone day by the cord. We have
/ crowned them with honor. They are no
| longer deprecated, but may travel the cit
cult OF the world, equal TO the best coin
| ever issued from the mint.
GRBENBAck POLICY IN MAINE
| The policy OF the modern Greeubacker Is
/ ~ NN t'tSsNSS N4hS -iRNsthaSNs ~ AeSlGpl us
| purchasing power, TO make IL depend, not
upon the intrinsic value OF the coin into
which il can be converted, but upon some
Imaginary value given to lt by law. The
| people OF Maine will have 10 CT oose be
tween those Creenbackers who strictly
preserve the national faith, seek to main
tain The greenhack at par with coin, and
those who, with utter disregard of the pub
lie faith, wish TO restore the old state Of
| affairs, when the greenbaek could only be
passed at 4 discount, aud could neither be
received for customs duties nor be paid
| upon the public debt. They would revive
the old distinction between the bondholder
aud The uotcholder, when a lO0-cent gold
dollar was paid to the boudholder, and an
su-ceat irredeemable note was the pay of
the laborer. We would have one money
tor all, and that good money. each dollar
OF which Will buy 100 cents worth of food
and clothing.
One would suppose, fellow citizens that
our GrccHback friends, alter all their
prophesies had been proven to be false
alarms, after we have secured aud enjoyed
for i brief period the blessings OF sound
currency releemable In coin. would be con-
tent 20 let we'll enough alone; bot, drop
ping ttir resumption act they come 10 the
front with = new set or doEmls, aud invite
on them contest with the Republican
party.
Perhaps The (sirc,t way I'm which can
reply 10 fhcm il bv first al1,ip, the plat
forms Of ihc.r party in Maine and Ohio,
where thr chief political contests OF this
year tr- 'G be I"uZht- The first ciAgSe of
tlr MA4.r platform l- As follows.
"rha convention -;n1r IA ,ta, The people Of
MalIr tha. the Increase pf coin and bonded
Indebtedness "I tha @p.srnmrnt IN time OF
profound ,sIe. fsm Slla,ntbpJp in lso5 to
- $50 10 ia IN'H. j, - t-t - startling a,
t' harH e'sry ir'eai pl ths eouutry that III,
.on %, -, tt' '' I'm .''lt-.'' A'd Al Tue
.n.,,nt v,.,,y ,nl-.. ,i,.. c ,n,ns' a
couiinrtaIlv. unl.rtbr nr-f.yt ,f ecnnnnv, n,
the reduction Of tho rate af interest il such a
fraud upon lbs pgopt. a., 10 merit the most Sc
ycrr condemnation.
Ih'- i 4 curious mcl'ry Of deceptive
statements, the purpose OF which would
seem 10 be 10 show That the public e.hr
was ipcrc,.,.,I In ii tt,,.. Of ,,y.tcnrI n,.,a.
from 81. 400 900. .00a, in 1855. 10 s. OOO. .OUJ
go. in 1879 while. Ia tru.h aud in fact.th.
interest. bearing debt ta io65 was s., 3sl. -
ia, - .9G, and nuw, that the refunlin.
operation, ar. completed. /. Is sL.79T.Gl3
100. II is true that the debt iH lSGj was
not all payable in coin; S3l7 01t lg0 was
in the form of Comp1um!-!ntefrst notes
b.arin.. l. y4.r Crgt. rpntuaflu,I interest am!
S-io ~ l1a ,.- MN. In ,rraa.1,r,,
....,...-....,. -. - - - 80 'elJ
OF g-lUp,r cent. bgt ~. !,,,yr h4y.,,.,
,n.,t.r.d ,,,.. cnoyar,.,I ,.l..,..,, vaar.,,
into 4 r..r cant. ,oig-bouls n H,rrca.. ,,
the r.,f,. ,f interest nf ! : IN nor c.nr Ia
fart the interest -bearigg, d.bf has h-,o. re-
duce.I since 1865 in th, sam OF s5S3 ,Sc
5qi gi. AMI the annual lB-eresr chars,, ON
I'M. debit h,. been reduced from sl51g--
fg- - L, SS; --3 rs 10
,rtr s,ar,mcrt az mud. ,rou',' no 7t,s.
lut,.Iv falls. kur for fhp r1sfivoration un,,,,
tbr word. ..rojn interest
Vow au our interest. rs14syh uofnisalIy
oa,Ab.r II. COIN. j. IL, fact ua. Ia curreury
o1r friend, yynn never fnislsad. or hardly
Yer ,,..a ,beir s,,,,e,,.,, fcrt,,tc,tl,
tru.- hut r,alIy false r,r tn. inierr.f-b.aT-
in, d..bt t.,. I.ro reduced near s6DO Oa1 .
ooJ and ft,., yearly interest sol .0GO.0sO.
Exac,iy how oar tirrau9ai.k friends can
,ay that he reduction Of tb,. rate of ofin,ere.l
under th,. ur,.i.xt Of reonornt ..is .neh a
frautf al, ,t', u.,,,,,. 81. T.. merit tb.. mos