Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1879-01-16

cred by Obstructive legislation.
I Prom Augusta Journal
We also differ widely with him (Goyer-
nor Garcelon,) in regard TO the National
banks, which he totally misrepr-sents.
| They are nut the money -inaking ins, utinns
which he represents them to be The
Comptroller of the Currency. in hi. last re.
port, says that during the most prosper
OTIS years OF the system, the ratio OF annual
earnings to the combined capital and sur
pias Of the banks was not greatly IN excess
| of the usual Iegs. rates OF interest In the
| State where they were located. while dur
ing the last two years this ratio has been
less than six per cent on the combined
| capital aud surplus" But though grossly
wrong In regard TO National banks. his
declarations on the fiat money question aud
resumption are right. When the greeubsck
members OF the Legislature look ut the res
olutions which they adopted at Lewiston.
| last JnLe, and compare them with Cover
| nor Gsicelon's address. they will he a.
puzzled as hens that have been cheated into
| raising ducklings and goslings inst-ad Of
| their own proper chicks. They thought
| they were sitting on greenbscA eggs NJ
| Lewiston, but the brood is democrats with
a hard money governor 81 the head "fit
On the subjec; of protection the governor
Is also widely 81 variance with his n e-n-
back friends. and in that he is wrong ~hlie
they are right.
From Portland Prcss
| pom the question Of the national fnan-
ces the expressions OF the Governor are
confused and h~>itaiing. His ambition
seems TO be TO achieve a suec-.sful dodge
| II l. minated thai IN the first draft Of hi.
address he confined himself to a drnuncia-
L.. -
bank act. aud protective tariff. recording
hIs conviction that coin Is the only cous,i-
tutionsl legal tender. There appears In the
completed address paragraph still more
condemnatory of the national banks aud
suggesting paper currency of Treasury
notes deprived OF the legal tender quality.
| la his objection TO the legal tender fesiare
OF the paper currency the governor puts
himself In direct antsgonism Ia the new
democratic dogma that all other paper cur
rency shall be Withdrawn and replaced by
legal tenders. As he says that the only su-
thority to issue these treasury notes l.
found In that provision OF the constitution
which empowers Congress To borrow mon
~ upon the cred1 OF the United States IL
follows that he favors n further exercise OF
The borrowing power. or that he would
have the bank notes withdrawn, their place
supplied by specie. and the treasury notes
kept ahoai deprived OF the legal tender
quality.
lfrom Portland Argue
! We feel sure that when he lGoy Garce-
lou comes TO examine our whole school
system carefully, in the light of all III.
facts. he will be much more inclined TO
abolish the normal school, at Cssiiue sud
Pennington, than TO do aught to cripple the
free high schools which have mainly to be
relied on 10 supply teachers fur the primary
schools that now are and always must coz
iiuue TO be the educators OF the great
masses of the people. Ii Is thr common
schools that are To be cherish as the price
less conseryators of free insiitutions-lo be
improved and elevated Ia every way posi-
bic. The free high schools are neediul to
/, this improvement. as We viii shsW Al
another time aud they should therefore re-
> ceIve the hearty support Of all friends OF
the common schools. That tie high schools
should be almost. II not entirely limited to
instruction IA the branches OF good solid
English education, We FULLY believe.
From Bangor Conmerci
II l. to be regretted that Governor Garce-
ION had not pointed out more especially In
r his message, where needed retrenchmen,
10 the public expenditures. which have
qaadrupled within the last twenty years.
might be made. His accommodation In
regard 10 Free High Schools is well and i,
all ia the right direction. That would save
the state treasury some $50 600 year. Blu,
why could he not have gone farther aud
recomme nded the abolition Of that new md
corruptiny Innovstion. the MILL TAX,
which amounts TO the enormous sum oi
over S224 900 Year,
We are glad to see, however, that The
Governor In language of great plainne.s
and tiers eness. has dealt q mortal blow IL
r Agricultural College
We had occasion In our issue OF last eve
ming to commend nearly all the recommen-
dations OF the Governor 10 relation to State
matters; but the passage OF his address.
above quoted, Qela,ive 70 gold and silver
being the only legal tender under the con.
, stitution,) will cause a feeling of pain
among all the Governors friends IN East.
ern Maine; not because his views on the
financial question differ from theirs in rea
ton 10 the greenback, but because he has
sought to base his views on an interprets.
ton Of . clause OF the Constitution, whict
s Is not only entirely erroneous. but betray.
q a most superficial reading Of that instru.
ment. Such an Interpretation might be ex
cusable In stump speaker, or . newspaper
e scrlobler, In the heat Of . campaign; but
coming from q Governor Of State In 4
message TO the Legislature, IL is open u
severe criticism II not absolute censure.
: Prom Belfas, JcurnaLl
There Is Observable good deal OF tonipp
! down OF the Governors previously ex
pressed views on finance. and an uncaJlec
for exaggerstion Of the stringency Of tn,
: times
. We fear that the good Doctor, In his ne v
diagnosis OF the case, Is needlessly alarm
ed. The country's symptoms are generally
: regarded as those OF convalesceace, instead
2 Of progress Of disorder-as hopeful, In
stead Of the reverse. The present atmo.
phere Of the capital 10 calculated to inkpir,
gloom rather than hope.
: IFrom Bangor whig.l
2 The document bears Intrinsic evidence o
y having been pruned aud patched aud twist
ed to meet the demands of conflicting fac
: tons, and there is hardly paragraph tn
e is not 50 worded as TO be susceptible OF dit
$ ferent and accommodating constructions
The fact that the latter and most impOrtan
e paragraphs under the head Of National Fl
nsnces WAS not sent out with the first proofi
OF the Address. but subsequently furnished
d will naturally suggest that the first pa RI
D was not regarded as sufficiently poin, &c
!, concession to the soft-money wing. ant
u that the blstherskite about the Nationa
i Banks was added TO meet demands frou
Il that Qpsrter.
Governor Garcelon has made his effort I.
adjust" his principles to the exigencies o
= q hsrd-sOft-mOney coalition, and il he ha.
= not made satisfactory concessions to IN,
Greenbsekers In his Address, they may b,
sure that he will come to their require
ments.
kyroa Lewiston Journal
The greenbackers OF the Legislator,
J. we're 20 disguised with the pronounced
" SiarS of nF Garootrap In favnr nfs ,,ac;a -.