The Weston Democrat. [volume] (Weston, W. Va.) 1875-current, 1879-07-12
lion. HENRY DRASSoS.

- -~-'.c ''-eNF''''''
assured that his opinions would be
read with special interest by thc,
readers of the Regis.cr I regret to
say, however, that his professional
business, added TO his multifarious
and qpending duties as President
OF the Weston and Clarksburg Rail
road, gives him scarcely time for
rest, let alone leisure. lie was will
ing, however, to give you briefly his
opinions on general subjects of in
terest, first of WHICH he considered
the question Of finance.
\ am" said he, what you would
call a hard money Democrat. |
have always been, and am now, OPP
posed to initiation, toiia redundant,
irredeemable paper currency, with
its shifting volumes, its fcyerish
spccHlatiop,its up and dowp values.
Money is the measure Of Ill values
the vehicle with which the vast
business of the world is carried on;
and it should, therefore, be PEAL
not fictitious; certain, fixed and
uniform; for ifthis universal me-
dium Of exchange be variable and
composed of several kipds,d differing
in value and fiuctuating, what
property can have regular, uniform
or reliable value? When money,
by which every value is measured,
is itself auctuating, how can there
he any stability in values or bust
ness? Say and other writer's on
political economy teachlthis. 1fre:
deemable paper currency has hcrn
tried In France, England, Turkey,
and esprciallyin the United States,
but it las always ended in ruin and
disaster. ! AMIN flYos Of the Sill
yer Bill. Silver and gold are prec-
ious metals the world Overland have
been recognized in all ages rs in
trinsieally valuable. They are
money in themselves. There can
hc no correct definition given of
the word @noney," in the yncabu-
larry Of civilized man, without the
ESQ Of tho words "gold' and "Sil-
yer" Rotl silver and gold are the
money of the Constitution, the true
legal leaders named in it. donot
say there should be only q metallic
currency, for | advocate Il currency
composed of gold, silver and paper;
but the paper should DO kept out
only in such quantity as to be on Il
par with, and convertible into, gold
and silver, thus making il what it
ought to be,..thc true representative
Of coin, for in essence it is but Il
substitute for it. Every grccnback
potc, as It's face reads, is 4 promise
to pay something else. What is
that something else? It is money.
What is money? gold and silver.
Therefore every such nnto is Il
promise that NJ some timo tho gov
prnp,snt will lake il uphy payment
Of its amountin gold or silver. The
silver and gold dollars are stamped
with no such prQmisei they make
no promise, because they arc pay
lnont in and Of themsolyns. This l
claim 10 ho the truo Democratic
doctrine, as expoundcd by Lhc fNth-
prs of the party and justified by ex-
pericnce. Tho Republicans claim
to 10 its special advocates, but the
fact is, it is historic democratic
creed, and they have simply Dor
rowed it. Owing 10 thc existence
Of a somewhat divided sentiment in
tho Democratic party on tho sub
ject, tho Republicans scpk to make
tho Democracy tho advocates of IN
inilatell, irredocmablc piper cur
roncy. Ny humble opinion is that
should tho Democracy we'd tho par
~ in national conypntipn to this
doctrine of Intuition and fllsn f.
nance, it will nnd Ia disaster, This
position may no unpapulHFin West
Virginia, but regarding it rs the
true creed, | believe it to DO the
duty of those nomoerats who pro-
fess it, to express thpif sentiments
squaroly."
"What do you think of rcsump.
tioD7"
u regard IL MS accomplished,
Tho day Of resumption mpy have
been too early. Likely resumption
should have been approached mora
slowly, 80 as to have rendered the
contraction legs rapid and the
rI,nro locs vinlrnf nn1 Tins h,yo