The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-09-27
Colonel Jones ReIoinder

Colonel Jones ReIoinder.
| am glad that Colonel Wellborn has seen
fit to read what / have said in regard to
aiding the National Republican Newspaper.
What | meant in that was that the only
purpose was to get all liberal men to unite
and not require the republican party to OBJ
struct the people in their wishes. AS to
Wellborns attack on the Davis
administration, why, that is
dead issue. Is the democracy TO always
watch around the tombs of those dead
things and not to progress, to be like the
Arkansaw traveller on tine road always to
keep on one little piece of it because
he had struck good spot2 Let
US go forward, and "let the dead
past bury its dead This is
an ample answer to that. 1t is issues that
makes parties. Now, doesn't Wellborn ad-
NIT that the democracy are at sea, and,
therefore, wholly incompetent to deal with
the Issues Of the day? Now, suppose the
grecnbnckers do differ on the tariff ques-
ton, that does not help his cause.
But the greenbackers are a unit on the ma.
tional bank and on the public debt cues
tons, as also on the tariff, We must havea
large tariff, and this bcngso it follows that
men will combine in congress and make
trades and thus those taxes will be made
high. Now we say utilize your govern
ments credit, Substitute United States
notes for national bank notes Now, as
for fiat money, why the lcgal-tcndor
proposition covers the whole case. What
difference, rs to its value, will it make
whether it be or be not redeemable
in coin? / contend that when you
put the government stamp on money
II IN kos IL m Wallbnrt, ~
deemable in coin, but money is money.
No one wants money because he may de-
sire to manufacture it into plate, etc. If
you endOw paper with all the money func-
tons and regulate its quantity, all that
il needed TO be done is done.
will state the case in the form
of II syllogism, to-wit; The uses to which
anything can be applied determine its
value; things are valuable according to the
uses to which they can be applied; there.
fore gold and silver, equal in monetary uses
are equal |, monetary value; just 80 long
as the demand tor money is equa
to the metal, it will be at par Money
like all other things iS governed by the
law of supply and demand. Now when
you bring the money value of II silver dol
lar of 1924 grains, equaiing $50 cents
below the metal value, then the difficulty
must bc apparent to You. If our currency
is not money do not force any one to take
II. If it is money it needs no REDEMPTION
In this manner We propose to utilize the
credit Of the government Our legal
tender was deprived of redecm-
ability for customs it. deprecated
Immediately; but when in 1879 il was made
receivable for them, il rose to par and in
deed to n premium. If nothing can be
money but gold and silver, then those who
own the gold and silver are the
money kings of the land.
The democracy say they want
honest money but the Bland silver dollar
Is not honest money, it is not legal tender.
Why do you want the currency VI the
country based on gold and silver? Are not
taxes as good rs gold? Is thisuot solid
basis a paper dollar rests on the
property of the country, and this
is wealth. Now would You refuse to ride a
Goot riding horse because he would not
work in the plow2 So with money mnc.
lions, Colonel Wellborn admits that the
democratic party are not agreed
on anything. They have never
agreed ON anything in congress
Hc has, therefore, admitted himself out of
court. His plat 'orms are nothing but gilt.
tcring gencralities, india.rubbcr concerns.
The democratic party is like the dog in the
manager, 1t can't eat the straw and won't let
anybody else have IL.