Mexico weekly ledger., 1879-11-06
DEMOCRAT FULL OF
HOPE.

JUDGE A. II. BUCKNER PRESSED FOR
THE OHIO ELECTIoN-HE THINKS THE
DEMOCRATS CAN DO BETTER THAN TO
CHOOSE TILDEN-GRANT DOWN AS
TIE MAN FOR THE REPUBLICANS.
Chicago Daily News.
"The people of Ohio were fright
ened at word" said Judge A. H.
Buckner, Of Missouri, of the Con-
-gressional subcommittee now here.
1.-THE word was imitation. The ohio
idee' as it Is called, that the cry for
the unlimited issue OF greenbacks by
the Government, set up by some few
crazy financial fanatics, has been
crushed by the election last Tuesday,
and it will never rise again. The
main question, however-an issue
which has been fought over and over
again since the time of Jackson
whether the money of the country
shall be printed by the Government
or by private individuals, incorpora-
ted pow in the shape of National
banks, still remains. Contrary to
what is generally supposed, the cleo
ton in Ohio is step towards intla-
ton. Blinded by the cries Of poiti-
clans, the people of Ohio have really
made movement towards that which
they supposed they were avoiding.
They have practically set the seal of
their endorsement upon the National
Bank system, which last year alone
inflated the currency to the extent of
S1O,000,000 or S12,000,000. There
is nothing t. prevent the entire bond
ed debt Of the United States, ST.
100000, being turned, less 10 per
cent. into circulating medium. l
don't say that it is probable, but it is
possible.
"There is really no practical limit
to the initiation that may be brought
about by the increase in national bank
notes. Last year the increase was
about SIP, 100000; l don't know
what it may be this. Besides that,
there was coinage Of about $780,
900, 900 in silver and about $50, 0,000,-
900 in gold. So that really the cur
rency of the country was inflated last
year to the extent of about $50, ,000,-
900, without counting the gold that
came into the country from Europe.
The result will be another era of ex-
travagance and speculation, followed
by a crash and hard times"
"How about New York? Won't
the result in Ohio tend to crush Mr..
Tilden also!"
"Well, we might do better than
choose Mr.. Tilden, think"
Losing New York and Ohio, with
the other Northern States, won't you
lose the Presidency"
"Well, the Presidency is not the
chief factor in our Government.
The controlling element in our Gov
ernment is the law-making power,
and we will present a strong minority
there"
''How about Gen. Grant as the
choice of the Republicans!'
"At least four-tifths Of the Repub-
licans everywhere are for Grant.
Sherman is the only candidate against
him worth mentioning, and he will go |
down before him. The fact is the |.
people of the North want Grant, be-
cause he is the representative OF the
idea OF a strong government. They
want centralizatlon. More than they
want Capitalization, though, more
than they care for Grant, they want
to make money. AS long as they do
that they don't care how the liberties
of the country may be menanced,
how far Constitutional safeguards are
borne down and swept away. This
is the feeling of the masses of the
Northern people. The vast corpora
tions and monopolies that have built
themselves up within the past few |
years want Government which will !
protect and enable them to extend |
powers already too vast and crushing
for republic"