Democratic Sentinel, Volume 2, Number 20, Rensselaer, Jasper County, 28 June 1878 — Newton Cony Correspondence. [ARTICLE+ILLUSTRATION]
Newton Cony Correspondence.
The reason Mr. Simon P. Thompson was not nominated for State Senator was his supposed interest in the Bank of McCoy & Thompson. delegates to tko Senatorial Conven-
tl n were determined that the nomination should not smirch of .avorit | ism to bunkers. I have this informa- 1 tion from one who was a delegate.— ihese far sighted and patriotic delegates approved the republican state platform which was adopted in the interest of the g • t bankers of the eastj era sea-board cities, who, when the bill to remonetize silver wae under consideration in Congress, boasted that they had peifected rfrangements w h Ttby they could protect themselves whatever might be the legislation of Congress. Iu plain English, they were prepared to resist the action of the Government. Ben Butler, commenting upon this threat, said it was “What U.icbaritable persons might call nullication.” The eastern banker gets all he asks of Indiana republicans, but plain, honest, generous Simon, on mere supposition of connection with a little discount and deposit bank, receives no favor. Truly are bankers not without favors save in their own country. The Republican platform, in declaring opposition to the agitation of the financial question, opposes the repeal of the resumption act, and seems to wi?h to convey the idea that the question henceforth should be held as sacred, and that further agitation.wo d be sacrilege. This opposition to agitation is a direct blow at free speech and a free press. For twenty years I was a Republican, and the tenets of free speech and a free press were cardinal points in our platforms in those times. Now that the party cringes to the Money Power it makes a thrust at free speech, that reminds one of the days when the old slave power dictated platforms. Agitation of the financial question remonetized silver and secured the legal tenders from further contraction and destruction. Let agitation continue until the American system of finance is secured, then the people will once more be prosperous, content and happy.
