The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1892-10-12

that refunding operations were conducted
| with extraordinary facility.
In consequence of thirty years experi-
ence with Republican financial Legislation
the American people have the proud dis
tinction of being the only great nation
that pays its debts. They have also cur
| rency which was brought by labOriouS
processes to par with gold. They have
also a national bank system which has
| steadily grown IN popular favor, and UNI
| der which not q dollar has ever been lost
TO note-h0lder, and only the smallest
traction to deposit0rs
TIE PARTY or OBSTRUCTION.
| All these great policies have been accom-
| pliShed without the aid OF the Democratic
| party. The funding act of 1870, by which
| the rates of interest on the debt were
changed by the conversion OF all classes of
national securities, was passed without
| single Democratic vote III either House
| The resumption act of 1875 was opposed
| by every Democrat in both Houses. The
| national banking act was denounced as
unconstitutional by the Democratic party
| during the war, and its hostility to the sys-
| tenn has not ceased TO this day, when the
repeal of the tax ON state bank issues is
| deliberately proposed in its national plat
form. That party thirty years ago de-
| Tended these state issues, although they
were not secured, had no uniform value
| throughout the country, were easily cOun-
1 terfeitcd and displaced greenbacks. tad
yocates q return TO the same system now.
| and apparently from deliberate prefer
| ence tor an inferior currency. In like
! manner majority OF the same party. in
| stead of cooperating with the Republican
party in adjusting The relations between
| gold and silver so that both metals will
circulate at par with each other, favor I'M
| limited free coinage, by which gold will be
L dGnr .nH f.af hat and hn
| try plunged headlOng into mOnometaliSm
| on the lowest plane.
TIE TWO PARTIES IN COTRASTN.
| The Republican party throughout its
| history has been fighting the battle Of free
| labor. In the beginning il was q popu-
| lar agitation to prevent the extension OF
| slavery to the territories, and subsequently
| il was q terrible battle with q slavc-Own-
crs' rebellion; but IN the end il has been
prolonged campaign IN the interest OF
| American labor menaced with destructive
| and degrading competition from the labor
| OF less prosperous and enlightened Euro
| pean states. Since the first election OF
Lincoln 10.000,0o0 aliens have found homes
| and " OrkshOpS in America; yet nOtwitll-
| Standing this immense addition TO the
working force Of the nation, there has
| been gain Of nearly 90 per cent. in the
| average late of wages. That result could
never have been accomplished without Re-
| publican legislation for internal improve
| mentS ana the operation Of the homestead
| law, ana above all without systematic pro-
| lection OF American Labor employed in
home industries. For this comprehensive
national policy, which has not only con-
| vcrtcd the older Eastern states into hives
| of manufacturing and filled the wide
| reaches of the West with the pulsating
| beat and thrOb OF industrial energy and
| American enterprise, bnt has also created
| the new South with its resources. credit is
1 bnl ly m ha yiy ap RI ba Rnp To- narfV
| rhe Democratic party has never lost the
| impress of the domination OF the silver
| power. A low tariff and free trade were
the economic doctrines OF the Southern
| planters ana were embodied in the CODfed
| crate constitution. The Democratic party
| has remained loyal TO these malign tradi
| tons It's fist and only President since
| Buchanan'S election on Il platform of
| progressive free trade lost no time in
| giving the signal for q tariff reform CAM
| paign, which, if successful, would leave
| American industry and labor without pro-
lection and support The party stands to.
day fully committed not only to the low
| tariff cause TO which both Douglas and
Breckinridge were pledged by the plat
| forms of 1850, but also TO the eXtravagant
| unconstitutional. AS il was the friend and
ally of slavary, so also it is the irrecoDcil-
| able foe Of free labor.
| The history of the two rival parties
| since LincOln's first election offers start
| ling contrast between survivals of the
worst and the best traditions. Equality OF
| rights and sympathy for the mass OF the
common people were the leading prin-
clples of jefferson. A latter-day Dem.
Ocracy stands in the South for unequal
| rights and minority conspiracies, and
| throughout the Union for q tariff policy
| by which American labor will be degraded
| to the European level. .Jackson's great
| strength Law In his intense devotion to the
| principle of nationality and In his abhOr-
renee of sectionalism. A latter-day DEM
| Ocracy, by the revival of the constitutional
| qubbling of CalhOunism and by its per-
sistent hostility TO national policies, has
repudated his principles. What has been
best in the tendencies of its history has
| fallen into lnnocuOuS desuetude. What
| has been worst in the theories and prac-
| tice of its slave-Owning and sectional lead
ers is tenaciOusly preserved.
| RcpublicaniSm, on the other hand, holds
fast TO everything that is ennobllng and
elevatlng i'll its history Ii is the party Of
national honor which has removed the foul
reprOach of slavery and redeemed the
pliehted faith of the government in finan-
cial legislation and administration. 1t is
| the party of equal rights, an unsullied bal
| lot and honest elections. 1t 1t the party of
national policies of comprehensive scope
and enlightened self-interest by which in
| dustry Is diversified, labor Systematically
protected, and the prosperity OF all classes
| and sections promoted. Between its pres
| ent policies ana the traditions of its glOr
| lOuS past, there is unbrOken continuity OF
| patriotic action.