Daily Republican., 1879-01-03
FRIDAY. JANUARY 3, 1879,
C..s REPUBt.ICAN has 1he largest
circulation Of any paper In Della.
ware. Advertisers take n note Of
tAis.


1t looks now as il the gambling and
shameful brokerage in gold had come
to an end, and for the last two days a
half eagle has been planked down by
any of our banks for five dollar green
back or National bank note. For years
the traffic in gold has been a bald i'm
position upon the country, and the gold
gambler has plundered both the con
sumner and the producer. There never
was any good reason why for the last
10 years there should have heen dis
count in the circu ating medium Of the
government. The people Of the nation
in all that time have shown no lack of
confidence in the government for the
interest on the public debt has been
paid, and great part Of the debt re-
funded at a reduced rate of interest,
and yet after all that, cold has been at
a premium, and made commodity of
barter and trade. Owing to the wise
policy of Republican administration,
the nation has entered upon a new era,
and the little yellow jokers' now take
the place of currency to those who
would rather have them. IL has, how
ever. required all the tact and prudence
of which the Republican party was pos
sessed to keep the resumption law from
being repealed, and the country from
being flooded with an over issue o pa
per money without any redeemahle
basis. All the subtle arts of the Demo
cracy have been brought into play to
prevent this grand contamination, but
political dcmaGOgue.sm has been over
60 ne 10y practical results, and the laws
of trade have accomplished it in man
ncr so honorable that even Democrats
have to stand aside and look On with
wonder and amazeuent. md whether
they will like it or not Il ey are com
PEELED to share the beneficial results
without having any snare Of credit to
themselves or their party. How dis
picable, and we might say wicked. the
actions Of the Opponents to resumption
look, since resumption has become a
veritable fact and has been put into
operation without rausing scarcely a
ripple upon the financial circle. They
may vet he heard predicting all kinds
Of evils to follow in the train Of ~
ton, but their words have no force,
and they are looked lpon as vain, IDLE
habhlers, who always abound in thcu-
retical teachings bat utterly lack N
practice. Ne, ct the god gamblers
have lit .raor about them tor
once, an ,,nInption have Jul
play, an 80 will b" II" trouble
whatc, f. is fortunate indeed
tIi'' '''t' =. '-liFi iIIdli los IL ~ MS
power under all emergencies that may
arise, to defeat all their wicked MACH
nations, though it may take a struggle
10 do 50, like the memorable struggle
Of the celebrated black Friday, which
the gold gamblers Of that day yet liv-
ing will never forget. Tele-r%ms from
the principal cities inform Us that gold
is not demanded in the general trans
actions Of business, but that many are
still clingiug to SrpcnbacliS or National
bank notes, i'll preference on account Of
their convenience. This is Just as w.
always pretctrd it would he. All the
people wanted was that a silver, paper
or god dollar should be of the same
value in the mark It, and then when
they wanted dollar they could take
their choice. 4 greeuback serves every
purpose Of trade 50 long as the Govern
npnts credit j. goo., just as we'll as
gold, And ii trade, after the novelty Of
handling gold one" more has worn
away, the grernha,f will be preferred.
The contamination Of this golden result
is due, first, to the healthy state of
trade. the solYon. condition of The pco-
pie and the confidence they have in |,