Rensselaer Republican, Volume 12, Number 47, Rensselaer, Jasper County, 13 August 1880 — Position of Party Platforms on the Currency Question. [ARTICLE]

Position of Party Platforms on the Currency Question.

Drmoerafie. The Deoaoorate of the United States in convention assembled declare: 4 "/- Wa pledge oarpeivea aaew to tbs ConatttaUoaal doetriara and tradition* of the Democratic party. The existing administration is the repreaentativeof conspiracy only. Opposition to centralization, and to thst dangerau* spirit of aacrvaohaieat which tends to eoMotidata, in one, and tkaa to create whatever the kJ ad of goreraaeat a real deapoUaaa. ' Home rule, bonnet money, oou«i»tf ng of sold, and silver and paper convertible into coin on Blirn~-*- .Vativnai PlatformWe will stand with aU onr mlrtt against the assreaatowof the Republic** leaders upon the righto of the States, made for the purpose of building up a strong central power, dangerous to the liberty of the people.-Bate PtoV’urm.

Democratic position: First. The doctrines and traditions of the party favor Btate paper currency and fres banks of Issue under Btate laws. Second. The present currency the party denounce as a conspiracy. Third. The issuance of legal tender money the party declares tends to “centralisation” and to make ours one government and is denounced in the platform as a res“deapotism.”

Fourth. “Home rule” me ans state supremacy, and “Home rnle honest money,” judged by Democratic “constitutional doctrines and traditions” means no legal tendernationj al currency bpt instead demands ‘‘Democratic Wild Cat free bank currency issued under State laws.” Let the minds of every voter revert to the panic of 1857 when Democratic paper money died in the pockets of the people. Do you want the wild cat system of banking again established? 'Will you vote with the party that favors such a precarious gambling localized currency? Study the platform iu the light of the “constitutional doctrines and traditions of the Dem-

ocratic party” and you can infer juslwbat is meant. AH Democratic judges have declared against the constitutionally of the Greenback. Democratic text book writers on the law say that the decision of the National Supreme Court in favor of thf Greenback “went forth without authority and must go back without respect.” The traditions of the party are direct antipodes to the Greenback doctrines. • We cannot harvest greenbacks from Democratic doctrines anymore than wo could “gather figs from thistles.” • (?ree»4ec£.

AU noe»y, mstallie ar paper Sbouta be issoed asd Ha volaaie controlled Sy the gorernment Md vhea so isaacd should be a fa!! Irpat tender for all debts, public and private.— .VariMurl Ptatfuna. That the power which issues and controls the volume of the people’s currency is absolute dictator of their Snancial and business interests.—Stair Platform, The National Greenback position. First. The power to issue money is unquestioned and unlimited. This Is boldly asserted. Second. It should be made a legal tender for all public debts. Third. ItR value should be controlled by Congress. Fourth. The National Government is “absolute dictator of all financial and business interests.” These four proposition embody an abstract centralization of the government —a complete consolidated soverlguty— as “absolute dictator of all financial and business interests.” Such hftreme power ves'ed In the general government would preclude all alate constitutions and reduce the people to the condition of abject serfs. This Would be a greater aad more abao lute exhibition of power than ha. inanity poseeses. The government would thus be endowed by the National Greenback party with creative power in

eeaence and substance. This would be extreme centralisation—an un. tried scheme—an Utopian chimera. The National greenback party and the Democratic paity are as far apart as the opposite polar stars. The Democratic doctrine is that the states have merely entered into a league of friendship and that “each state retains its sovereignty, and independence.” This doctrine would certainly countermand and annul the Greenback National fiat paper money.

Republican. 'the Republicans party, in Nation• 11 contention assembled, at the end of twenty years since the Federal government was first committed to ils •barge, submits to the people of the United States. TteeoaaMtationof IM Uuitad Mates Isa «n----jrme law, aad aot a ware contrast. Bmm powers am 4mM the Nation, wkllotben are denied the states. Bat, the boundary between powers delegated and those reserved is to be determine! by the National and not the State tritonals.

It Ma restored < solid baste paywent in coin tor all the XaU66al oblicnUons. and-Ma Stven ns i ewrthey absolutely good and e 4 uag in ever/part of rtr attended nooatry. Upon this ftOord the Kupublicaa party ask a tor the eoausnod conSdence and support of the poos*!.- XiffaSUana SuUaaal Platfon*. .Tbe Republican Position. First. The. Republican* occupy foe Wd of practiMl Mparimsnl. Their invention bos bOen tried and Second-.' Let well enough alone destroy by an undue stretch or»rt>itr»ry power—nor surrender |

at the anarchical cry of “eentraiixatio«. Third. The Republicans believe this ia a nation of people and fbrt the Nation ia supreme but not ao consolidated, centraliaed tnd Absolute aa to preclude State eoOMItU tioeal governments and individual freed* m “in financial and but mesa interests. ” ■ Fourth. All the ti editions and doctrines of the party favor a pepsr currency “absolutely good* and equal in every part of our country.’* This a government of a free people and for a people. The Re publicans believe in individn’j rights—more than State right*—in individual migration and eece*aion and not in the right of statea to secede. Summation. The Republicans ask •bat all laws of Congress, sanction, ed by the National Judiciary, shall be enforced in all parts of our com mon country.

The Democrats favor only such laws of the republic as the authorities of the several states msy ap. prove- The Nationals declare for a fiat creative centralization of an ul tra-mundane quality existing only iu a disordered fancy, and not capable of being materialized. The citizen studies these propositions, makes bis choice, and so casts bis ballot.

If a voter is controlled by the currency question and he believes it would best subserve the present and future interests of his country to have Free State banks of issue to furnish our paper currency he will vote with the Democrats. If the voter wants no individual freedom and favors absolute governmental dictation in all his personal business and financial projects, he will naturally float to the Na “ ionals. If the voter desires to choose his own vocation and enjoy life, liberty and prosperity and wants an abso lulely good paper money issued upon ample security and in such quantities as the laws of trade demand ba will vote with the Republicans.

ROLAND.