Year: 1879

not ueinanu the gOlu, out WOuIu Oe palu
in greenbacks. By paying express
charges on the gold from New York you
could get coin in return, provided you
could wait long enough for its shipment
to your place. And when the time
comes for a demand for gold-which
time will surely come-it will not
be there. The National party holds
that il is the exclusive function OF the
Federal Government, and its impera-
tive duty, TO furnish 4 medium OF eX-
change adapted and adequate to the
employment OF labor, the distribution OF
its products, the transaction OF business
and needs of the Government; that
whatever circulates as money, be gold,
silver, copper or paper, shall be issued
by the Government and be exchange
able-be received by the Government
alike for all its dues, and legal tender
in the payment of all debts; that money
is not wealth, but the legal medium
through which wealth is distributed.
We agree with Jefferson that all banks
of issue should be suppressed. Hard
money is misnOmer, as there is no
hard money party. The Nationals, and
in Ohio the Democrats, are the out
spoken advocates OF government cur
rency, and are opposed to National
bank notes and demand their with
drawal and the gradual substitution OF
legal tender treasury notes, and
the unlimited coinsge OF the silver
dollar OF our fathers.


As National GreenbaCker, ] cannot
support the Ohio Piatt platform and
ticket. The platform is not in accord
with the previously promulgated doc
trines OF the National Greenback-Labor
party. Its leading proposition is to call
in Immediately all the government
bonded Indebtedness, and pay it off
without regard TO the law under which
the bonds were issued, or the terms of
the bonds themselves. This is indie
iensibly unwise and revolutionary, and
is a cowardy way OF violating public
faith. 1t may be that the avarice OF the
money power may force reputation;
but if it must come, let 1t come OF
choice and not from our forcing In
advance of necessity, would not pro-
claim myself a repudiatOr Congress
has repeatedly acted in bad faith with
the people, at the instance of the mon
eyed power, but that is no reason
why we should act in bad faith. II the
proposition in the Columbus platform
were lawful and practicable, its en-
forcement would ruin the debtor class
and give to the bondholder an advan-
tage greater than has yet been accorded
TO him by any subsidized Congress. 1t
would place in the hands OF the bond
holders the means of buying up all the
encountered property in the country at
the present deprecated prices, and
enable them TO riot unmOlested on the
honest accumulations of years OF toll.
Not only the real estate, but the mining
and manufacturing interests would be
at their mercy.


Democrats can support Ewing, be-
cause he clings to their organization;
Nationals can support him, because he
is a champion of the fundamental doc
trines of our party. All anti-NatiOnal
bank Republicans should support him,
because the bank syndicate will labor
for his defeat, as he would substitute
greenbacks for bank issues. The work
ing classes, who care more for their
welfare than for the mere success OF
party, should vote for Ewing, because
he has ever been their steadiast friend.


But we cannot 90 on with a full re-
port. Just wind up this article with
oceans of cheers and you will have at
least the ending of Gen. Cary's speech
his death that the great financial mis-
take of his life was his approval OF the
National banking system. He said these
institutions would be able TO control the
entire business of the country, and pre-
dicted that the time would come when
there would be a conflict between the
institutions OF money and the people.
This was the mistake of Chase's life, as
he himself admitted. These institutions
DO control the financial operations OF the
country, and the predicted conflict is
now inaugurated. This hydra-headed
monster will, and has attempted TO,
make Presidents, legislators, judges and
governors, and John Sherman has en-
listed as a pumed knight to do battle
f,r tho tnouipI mower