The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1879-09-11

al OF business that produces the resumption
In 1887 one OF the paniCs occurred: III nVe OF
six years thereafter, Indebtedness being in a
great measure liquidated, or wiped out by tne
Bankrupt Law of 1s4l, business began 10 revive
and as a consequence, we ha0 what was called
resumption OF specie payments In 1901 we had
another panic, and Its history w0nld have been
precisely that OF the panic OF 1887 had not the
Civil War occurred. In 1873 came the last panic
and without any resumption Act, hVe or SIX
years, as in former instances, would have Drought
us back 10 revival OF industry and resump'
sumption of specie payments so called. II un,
derstand one of the speeches OF the Secretary oi
the Treasury, he admits that the panic OF 1873
made resumption possible If so, where is tht
merit of the Resumption Act which was not
passed until January a., 1870 | aSTee That Re-
sumption Iecessarily followed the panic OF 1873
just as 1t followed the panic Of 1887, without
Resumption Act, but 1t took five or six years u
resume, just as 1t TOOK the same time after 1851
But another cause has largely contributed u
our so called resumption, and for this cause oul
Republican rulers can certainly claim no credit
Owing To bOuntiful crops in America and shOrl
crops in Europe for three years, the balance of
trade, instead Of being against us, has been
largely in our favor; until at length, gold is be
ing shipped, In large amounts, to this country to
pay for bread.
Another cause that has facilitated the equai
Zation Of paper and cain, was the Democratic
measure of fremonetzing silver, which President
Hayes vetoed but which we passed over his veto.
Still another cause was the Democratic bill that
put an end to the destruction of the gTeeDback.
For without the grs enback in existence, neither
Sec'y Sherman nor the National Banks would
have the audacity to pretend that they could
maintain actual specie payments. In WORD, my
friends, the claim of the Radical leaders your
support on the grounds that they have brought
about prosperity to the country by resumDtlon
of specie payments, is bold preense, without
any foundation in fact and that can deceive none
but those who are ignorant, or those who wish to
be deceived
In conclusion upon this subject let me say,that
they who charge us with purpose to undo what
has been done, and TO plunge the country into
wild career of imitation, do us the greatest iIJus-
tice. However much we deplOre the suffering
that has been caused by Radical measures, and
especially by the contraction Of the currency, we
have no purpose to embark upon career OF wild
and senseeSs speculation. There never was
platform adopted by political party IN America,
that insisted so strongly upOn stable currency
as does the platform OF the Ohio Democracy, To
that platform we can safely point for a complete
TefutatOn of the false accusations of our enemies
My friends. | have but one thing more to say
TO night for 1t is time that had brought my re-
marks 10 a close have been much amused by
the inventive genius of our opponents as nave
lately seen 1t displayed in the press One day
read Of a horrible conspiracy OF Thurman and
his friends TO defeat Ewing, ana the next day of
an equally horrible plot of Ewing and his friends
to destroy Thurman Fellow citizens, pray you
not to he in the least disturbed by these inven'
tiOns. Gen. Ewing is the regular nominee OF the
Democratic party for the Office of Governor.
shall do all in my power to eject him, and trust
every Democrat in the State will do likewise. In
view Of the nsequences 10 result nom our elec-
ton this fall, do sincerely hope that there may
be no discOrd, no disseDsiOns, no bOting in our
ranks. And have every reason to believe there
will be nOne From all quarters | hear that the
party is harmonious active and full OF spirit.
Let It do is duty earnestly and maufHlly, and
victory will crown its labOrs and its forts,