Year: 1878

Those were the eXcresceuces of the
popular revolution on the money issue,
and they will perish without regret;
but there will be q positive change in
our financial policy, and the sooner
money centers appreciate the fact the
better it will be for all classes, includ-
ing themselves. Resumption will be
tried in January, and it will be receded
from if the country proves to be un-
prepared for it, as is probable. En-
gland retraced her steps on resumption
more than once, and we will likely
have to do it as the price of employing
politicians to do the work of statesmen.
Banking will be made free in fact as it
is now only in name; its onerous taxes
will be repealed; the machinery for
money to reach solvent business will be
cheapened and simplilied; National cur
rency will take the place of bank notes,
and interest on bonds deposited for cir
culation will be suspended, but fiat
money" will be unheard of after this
year, and the specie standard will be
reaflirmed as the unalterable law of
the Republic. There will be a hard
battle on the question of legal tender





we regard all other changes herein in
dicated as inevitable. So much, and
no more, will be the harvest of the
promiscuous sowing and tempestuous
watering of the soft-money idea, and
the question will disappear from our
political field, as prosperity gradually
comes to bless the industry and prog
ress of the American people. .-Phtta-
delphia Times (Ind.


BagH Two grand victories have been
achieved by the Republicans of the
West. The greatest was victory over
their own timidity and weakness on
financial questions; they dared to stand
up for the right. The other victory,
over the Democratic party and the Ma
tional or Greenback force, naturally
followed, for the people of this country
have not yet come to regard with in
difference or approval assaults upon
the public faith. Whenever the issue
is fairly presented to them, "Shall the
! United States play the swindler, and
cheat its creditors and its citizensP''
they answer as honest men must. The
fault of some of the Republicans of the
West, in some States and some cam.
paigns, has been that they were afraid
to present the issue bravely, truly and
squarely. They feared to trust the peo.
pie. They paltered with national dis
honor in equivocal phrases. And they
were beaten, as they deserved, though
greatly to the harm of the coun
try. In a mere pecuniary sense
it would have been worth hundreds o
millions to the people of the United
States if the Republicans of Ohio, il
the campaign of last year, and the Re
publicans of Indiana, in more than on,
past campaign, had been as faithful
and as brave as they have been thi
year. They feared that majority o
the people would be found dishonest
and lowered their standard to catcl
dishonest votes. 1t should have beer
plain to them from the beginning tina
they never could hope to compete will
the Democratic party for votes of tha
sort, and their only chance was t
stand up like men for national honor
and trust that a majority of the peopl
would be found intelligent enough t,
see and honest enough to choose tn
right. This they did in Ohio in 1877
and 1876, and victory rewarded them
This they have done again in Ohio, an
in Indiana and Iowa, this year, an
victory once more smiles upon them
viii not Republicans in all other State
take the lesson TO heart?-N Y Irib
u7le.