Terre Haute Weekly Gazette, Terre Haute, Vigo County, 3 October 1878 — Page 4

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The HAILY GAZETTE is published every Afternoon except Si nday, and sold ^by the carrier at 30c. per fortnight, by mail, $8.00 per year $4.00 for six months, $2.00 for three months. THE WEEKLY GAZETTE is issued every Thursday, and contains all the best matter of the six daily issues. THE WEEKLY GAZETTE is the largest paper printed in Terre Haute and is sol«i:for: One copy per year $ 1.60 six moiitfts, 78c' threemonths. 40c. All subscriptions must be paid in advance. No paper discontinued until all arrearages are paid, unless at the option of the proprietor. A failure to notify a discontinuance at the end of the year will b» considered a new engagement.

Address all letters,1? WM. C. BALL & CO. GAZETTE, Terio Haute. Ind.

DEMOCRATIC COUNTY TICKET.

For Criminal* .Ju'lge" THOMAS U.LONG. For Criminal Prosecutor,

ALBERT.!. KELLEY. For Auditor, ANDREW GRIMES.

For Treasurer.

NEWTON ROGERS. For .Sheriff, LOUIS HAM.

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For Recorder. 1 JAMESJ I'llII.LIPS. For Coroner, HENItY EHRENHARDT.

T[For Commissioners,*

First District—JOHN W. WILSON" Second District—JNO. S. JOKDON. For Repr entatlvce,

I. N. KESTER.

ROBERT VAN VALZAII. For, Surveyor, TULLY SUMMONS.

JUDICIAL. .!

For Proscsutor of the 14th Judicial Circuit J. B. PATTEN, of Sullivan County.

CONGRESS. 'For Congress.

A.J.

llOSTETLEli of Lawrcnce County.

DEMOCRATIC STATE TICKET FOR 1878

For Seore.ary of State,

JOIIN«. 8HANHLlN,of Vaudcttjurgh Co For Auditor of State, A -J LON D. MAN80N, of Montgomery Co

For Treasurer of State,

v. ILLIAM FLEMING, of Allen County. T1TTSS.W wnraty. For Superlntendentof Public Instruction.

JAMBS II. SMART, of Allen County.

THURSDAY, OCTOBER, 3,1878.

IT certainly is not true that.Butler receives five hundred dollars for each speech he makes in this state

How long has it been since Scott and Hudson were trying to get an office from the old "corrupt Republican" party? General White can tell.

IF you want work this week don't apply to the "fiat" Trustee of this township. No one need apply unless he will pledge himself to vote the National ticket.

THE busy mechanics at Seath & Imager's car shops would like for tha great workingman—Trevellick—to come and hear the speeches now being made by their busy hammers at their shops.

ALREADY the Democratic party* through the aid of a lew conservatie Republ icans, have legislated away several planks of the National party. They have -e6tored the silver dollar, have repealed ,he bankrupt law and came within one vote of repealing the Resumption act.'?5®'?

.r is now clear to the mind of any t.iinking man, that the Toledo convention was gotten up expressly to sell out the Independent Greenback party of 1S76.

The legal tenders had become almost par, and their inter-convertible bond theory had become too" old to. keep up any excitement, so these self-constituted owners of the Greenback party of 1876 resolved to unite with "other organizations more or less effective" under the common name of The National Party.

What those "other organizations" were is not difficult to tell. First and foremost was "The American Alliance," a secret organization, opposed to all foreign mechanics being employed in this country. Closely allied to this is that other organization whose main object is communism, for it is a •settled fact that all communists are working in the National party. ,,***

Hence to mollify all these eiettiMts, they ignored the greenbacks and resolved •lor absolute paper or? fiat money. A

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curiency minever to be

redeemed, but to be set afloat among the people and with them to perish. The American people surely will hot, under tljpir already sore afflictions, attempt such an experiment.

What we want is as good money for the mechanic and plow-holder as for the capitalist and bond-holder.

We want just such money as Samuel

suDposed

none other would be re­

ceived.* The club is still in debt, and its securities will be closed in on to settle the biil. -Meanwhile the Democrats in the organization who had sense enough to take in the situation as illustrated have returned to their places in the Democratic ranks, and. declare they will never, no, never, be caught in such silly company again.,'

FIAT POLLY.

Elsewhere in this issue of the GAZETTE, under the familiar heading of "Fiat Folly"—a heading which we have found frequent occasion to use of late— will be found an extract from the speech orvju.I -c il— Tn(«rior, delivered at Cincinnati Saturday night. It is only apart of a long and able speech, all or very nearly all of which we shall publish, the different branches into which he divided it easily admitting of such publication without in any way breaking the connection. It is, indeed, a more adyantageou method than by giving it all at once, since its length might deter many f«om a perusal who would very gladly avail themselves of the opportunity of reading his utterances in detail, if properly presented.

There is very little partisanship in this speech. Secretary Schurz is a member of the Republican cabinet, to be sure, bu if there is any partisanship in finances he enunciates, for the most part, what we believe to be good Democratic doctrine. It is at all events the soundest kind of business sense, and if here an there a convention has gone astray, catering to the igance and prejudices of the people instead of teaching them the right and leading them therein, it is so much the worse for the conventions. That is all there is of that.

But the plain matter of fact is that the doctrines he teaches are fundamental principles should be as well settled as any of the propositions of the constitution and, as an honest and thrifty nation, havine a good name among the civilized people of the world with whom we trade, anddesirfag to keep that reputation, we ought to be ashamed of ourselves for discussing theories which are foolish, and even worse than foolish.

What he says on this fiat money lunacy is particularly to the point. He pronounces it a lunacy, and proves it such. We presume* or at any' rate hope that all persons who have counted themselves members of the Fiat party here, or who have been disposed to think that maybe there was something after all in the idea that Government could create money as God created light, by fiat, are still open to argument. If they a»*e we trust they wilj read what we print to-day. It is a clear, calm, logical argument of the question.

TOWNSHIP TRUS

A CROOKED

TEE.

Trustee Abbott manages the affairs of the cilice of trustee for Harrison Township in a manner and after a fashion peculiar to himself. From those who either apply to him for assistance or work he exacts, or attempts to exact a promise that they will vote the National ticket. Of course it cannot be said that he does this with all, but it is known that he has attempted it in several cases, and it is to be inferred that he does it in all.

An instance in point is the case 6f Jesse M. Cleveland. He is a familiar

JF. Cary set forth in his letter in 1S76 ac-, old man here on the streets of Terre iSMs£ •.*? I -v'1 'f

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cept^ng-- the nomination for the Vice- |-Haute.*" He is a whitewasher by~ww»er Presidency by the Independent party. In that letter Gary said "-That paper money should consist exclusive!.*

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notes issued by the government^ with such legislation as woulJ cause tnera to be fully equal in value to the SPECIE DOLLAR, under all circumstances and throughout all time." .^j^i

FIAT FOLLY ILLUSTRATED. Down in New Albany the fiat fever as struck the people as the huge joke it really is. From the Leader-Standard «f that city, we take the following account of how the Dempcrats responded to a fiatic appeal for financial assistance, paying them off In thuir own coin, ortather in their own fiat paper. It says: "A national fiat club, less than a thousand miles from bere, became indebted, and payment was demanded—thai is, resumption was declared, and it wa6 understood that the debt wa» to be paid, as foolishness would no longer be tolerated, Getting in debt was an easy matter and not at all strange for Nationals, but to liquidate according to business rules was another thing. One of the leading financiers of the club scratched his noggin and a bright idea struck him and it struck him hard at that. He arranged for an entertainment mixed up With orations on the currency and everybody, regardless of party affiliations, was invited to be present. Inasmuch as a rovel programme was announced, "many voters" attended. After the bill was "plaved out," the manager of the meeting stated that the club was in debt and small sums would be gratefully received and large ones in proportion. It wa also 6teted that any person present who desired to contribute and had not the cash on hand might designate on a piece of paper the amount to be paid at another more convenient season. The hat w_s passed, and a very small sum of money found its way therein, but fiat money was there in large quantities. On the paper slips were written "This is a dime," "This is a quarter," "This is a dollar," and in fact, one man contributed as high as "This is one hundred dollars." The earnest Nationals gave their dimes and quarters in hard, honest money, while the hard money idiots paid fiat money, as they

THE TERRE HAUTE WEEKLY GAZETTE.

and a professor Lv odd jobs generally While not particularly skilled at any trade except that of whitewashing, he is an industrious man, and not afraid of work when he csn get it to do.

Not long ago he wert to Trustee Abbott's office and asked for work. This model officer told Cleveland he would give him some work and help him, if he would help him in return. Cleveland told him that he didn't understand that he had no work to give, and was too poor to help him. "Oh," says Abbott, "you lon't understand. I will give you work if Is' you will

sVote

Now, this is a thing that ought to be distinctly understood. If this sort of thing is repeated Mr. Abbott may experience some very unplea-a.:t consequences. He ought to know, or if he does not we will take great pleasure in informing him that such conduct is very indecent and altogether disreputable. His office is not a hospital for mending the fortune of his partisans. He is not employed by the people or paid by them for making a policy shop of his office, where votes are bought and sold, the township paying all the bills. The necessities of those applying for assistance, and the fact of their bein» residents should be, and is, according to the law, his only guide for telling to whom to give aid. When he goes outside of the law, and sets up as his rule that only members of the partv which elected him, or those who will promise to vote for his ticket shall re. o?ive aid or work from him, he offends decency and is guily of an outrage. That sort of thing cannot aftd will not be tolerated. By a contin uanceinit he will lay up for himself wrath against the day of wrath. For the money he spends, and the way he spends it, he will be held strictly ac countab.e, and the people will no longer permit him to dicker with the persons asking him for work or food, peddling out what was intended for all to such persons only as sell to him their votes.

THE SEVENTH DISTRICT. The Democrats of the Indianapolis district could take a long stride in the direction of restoring themselves to the good opinion of the party in other portions of the State, if they would, even at this late dav, nominate an out and out Democrat iur congress, 0. i.«. never was. and is not now Ja Democrat He does not admire its history, support it at the present or believe in its future usefulness. The party prostitutes itself by giving him its support. If he is ri^ht, then the Democrats are wrong for, on the paramount question of finan:e, there is an impassable gulf between the Democratic Greenback based on and convertible into coin, and the Fiat dollar based on nothing and convertible into the same valuable commodity. Nothing worse than defeat can befall them with a candidate of their own in the field. By makirtg an open fight on their own ground and with one of their own men as a candidate, they prenerve their organization, and, best of all, their honor. By this unholy and disgraceful coalition they place themselves in a position more than awkward. No greater calamity could befall the party than the election of the man whom they have indorsed. His election will be no triumph for them. It will, on the contrary, be the worst possible de feat. It will be the loss of a congressman a loss of character and standing a demonstration that the party has no principle since it can stoop to pander' to a heresy more dangerous as it is more undemocratic than any which it has contended against 6ince its first establishment. If De La Martyr and Ben. Butler, who 6poke from the 6ame platform, and advocated the same heresy, if they are up to the full measure and stature of Indianapolis Democracy, they fall far short of it in this part of the state. The GAZETTE does not believe, however, that they are less obnoxious to the rank and file of the partv there than here, jjv.iiso &iJ- *y,'

Who are responsible for placing ihe party there in the unnatural attitude it now occupies we do not know, but whoever they are, they might as well under stand, first as last, that there must be an end of this kind of political folly because there is a limit to human endurance. John Hanna is no Democrat, but on the contrary is one of the party's most implacable foes, and any good Democrat could find many points in his record and his doctrines to ciiticise and antagonize, and ought to be able to defeat him, but with all his faults of theory and practices he is a better, safer and abler man than hia opponent. With no can^idteot their own he ought to ge' mo 1 votes than De La Martyr. But wha tthe Democrats ought to have done months ago was to havp nominated a candidate of thsir own. They ought to yet. Principle a.nd policy alike demand it of them. The Democratic family is too large to be let wander houseless and homeless, with no candidate and no well drfined purpose.

'—••FIATw MONEY.

the

National ticket." Cleveland is a poor man and needs work, but he is an hon est man and his vote is not for sale. He told Abbott as much and left the office.

The distinctive feature of the so-called Notional party is fiat nioney. It is the one point in finances in which they sharply antagonize the Democratic party. Some of them use the term greenback as applying to their organization, but it is a misnomer. Thev cannot lay any jus* claim to the use of that word. The greenback is a promise to pay value mon" ey. The proposed fiat currency is in no sense similar to the existing greenback. If the fiat currency is issued it must drive the greenback out of circulation and establish itself on the destruction of that money.

What fiat monev is as defined by and advocated by Ben Butler is well stated in the New York Bulletin as follows "Gen. Butler's explanation of the meaning of "fiat" currency is, to say the least, suggestive. He telU us that the term "fiat" is taken from the Vulgate account of the creation and that as the phrase "fiat lux" means "let there be light," so, in the modern application of the word it means '•let there be currency." Of course, the general must be awarded the credit of having discovered what the world has been so long seeking the easiest way of making money. "Let, there lie monev," and there is money what grander or more ber.eficicnt exercise of power could be imagined? As the original command fiat lux inaugurated the great work of creation, so this fiat currency is to be the introduction to the-world's millennium. Considering what money can procure, how it can supply every want and even enable mne to evade the sweat penalty attending the earning of bread, what must it be for humanity to be able to create money on the simple issuing of a fiat! liitherto.it has been neccessary that money, in order to be of any value, should represent so much labor, or rather its products. It ha3 been the expression of so much service rendered in one way or another to humanity, the certificate of labor done and as such it has been able to command the services or products of others. Hence we have become accustomed to speak of \noney as •'hardly earned," and to regard it as the sad measure of our toil but now money is no longer to come by "the £weat of the brow." it is to be the prompt product of a fiat, and the fiat is to be at the bidding of the toiling millions.

There are but one or two considerations that suggest any doubt6 nbout this promised monetary millennium. In the Hrst place, we don11 see exactly where the omnipotence is to be found for issuing the "fia«." How it may be in the dreamland from which this oracle speaks we know not but, in this mundane republic, no fiats are issued exccpt in conformity wi'.h fundamental law and the constitutional law corners no authority to issue fiats of this character. On the contrary, the fiat of the constitution calls for money, of a, far less aerial nature, and prohibits all other. In the next place, no fiat, authorized or unauthorized, can by any possibility make money, in a proper Sense, Tir~tlTC uitikAH |\rnpnflM. Ki«lt money! As well speak of fiat bread or fiat clo'.hing. It is the name without the thing, the shadow without the substance. It is nothing it represents nothing. It is a negation of every quality of money. It is not even a promise of money, nor an expression of an obligation and no fiat can make it what it is not in itself. What then is it but a humbug? And what its apostle but another."

TURKEY'S FIAT PROSPERITY. Turkey is prosperous—"mighty" prosperous. It can't be possible that she is not enjoying a period of unprecedented prospei ity. Every reason exists for her being prosperous, if there is any sense in fiat reasoning, and perish the thought that fiat argument is not as true as prco^ of holy writ.

Cheap money is an essential of prosperity. Turkev has phpa^p money,^very cheap money,

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Another essential to and producer of prosperity, according to the fiat faith, is a currency which is not exportable tha1 will stay at home cdn't be induced to go away is considered worthless, and will not be taken for more than waste paper abroad. Th*t Jurkey.tyV i^an al?undant measure- ..,«» *rw» tm

Some people say Turkey is not prosperous, but they are Shylocks "lecherous bondholders, sharks, etc. who speak that way

Turkey must be profperous. Fiat platforms give arguments which show that she must be, and we would like to know if it has come to this that the poor man's theories are not better than the rich man's facts and figures. Perish the thought. ,tjxt -usaf"'

Turkey is prosperous, because she enjoys just that financial system which our Fiatics are trying to introduce in this country with a view to making things fairly bum. It is to be presumed they know what they want, what they are talking about, what they intend to do and what its effect will be. By the Lord Harry haven't they held conventions on this subiect haven't they passed resolutions at Toledo, Indianapolis and here haven't they rented Corinthian Hall for a year, trusting to an emission of fiat money to pay for the same haven't they been to great expense bringing Dick Trevellick here, about whom there is a tradition that he once worked with his hands, and that he is homy-jawed haven't they spent pecks of money and contracted bushels of irredeemable debts proving that cheap money and lots of it must necessarih produce prosperity, and is any infamous scoundrel to be permitted with impunity to say, at this late day, after they have been to all their trouble, that Turkey, which has enjoyed their alleged blessings, is not prosperous? Perish the

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thought? Thev sdorn tKe""aTlegat!ori'*and spurn th? allegator. Under these circumstances, the GAZ* SETTE, which wishes to see,, even handed justice done, will not permit Turkey to plaj the scoundrelly part of packing profperitv when, by such infamous and hypocritical assumption of poverty and wretchedness, the spoils a political investment on this side of the water, and contracts the political capital of a young'but growing organization which has already bee'h Shermanized until it hasn't got enough with which to do the political business of the country.

What we print herewith is taken from the cablejj|jj£i dispatche printed in yesterday's GAZETTE. It wa sent from Constantinople: It is evidently concocted by some infamous money ring in Constantinople, and furnishes an additional reason why Ben. Butler and his Massachusetts patriots should break up the "lecherous" telegraph monopoly, and put a horny mouthed workingman in charge of the telegraph business abroad. The dispatch is as follows: "The alarmingly rapid depreciation ot paper money continues, and causes the most ser:®us apprehension. At the beginning of "last week it had only about one third of its normal value, and since that time has fallen nearly seven per cent. In all probability it will fall much lower, for it is no longer in payment of tithe6, and is consequently flowing into Constantinople from all sides. The sultan has given strict orders that energetic measures at once be taken, and for this purpose has nominated a commission, with little probability, however, of any practical result.

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AGAIN, tt&ii*'?. of an

i'.„ BUTLER In illustration of the evil results alleged contraction of the currency about the year 1S6S, but which it has been pro\ed, over and over again, never did ocjur, and it it had, would never have produced the disasters which followed 1873, Butler instances the case of a man who built a house in 1S6S tor Bix thousand dollars, morfgaged it for three thousand, and now finds it depreciated fifty per cent., and just worth enough to satisfy the mortgage. The argument is on the wild assumption that real estate has declined one-half in value, which is not corroborated by facts. There have been cases where property has been sacrificed when subjected to a forced sale, but no one can truly assert, or prove, that the real estate of the country ife worth only half as much as in 186S.

In presenting this argument, the General aims too high, and fires over the heads of the rank and file of his party, nmp-tenths of his audieuce. The man who owns or inhabits a six thousand dollar house is an object of suspicion, not to say aversion, to most of the«e men, and would rarely be admitted by them into the noble brotherhood of horny-handed toilers, who are just at present the subject for all future legislation, and whose rights are superior to all of the other classes. If the argument had been addressed to a congregation of real estate sp^ulatora from Chicago, indianapolis, and other points, there might have been propriety in it, and there is no doubt but what these lame ducks would have appreciated his touching appeal in their behalf. "Children should not mgddle with edged tools," says the old ptoverb. A man who rushes recklessly into wild speculation stands a good chance ofbeing crippled in the long run and although we may feel some sympathy for Mr. Butler's ideal real estate owner, it will be mixed with more or less contempt for his want of foresight and sagacity But while we are looking up these objects of pity, let us not forget the man who loaned,—we will say, 5000 dollars with mortgage security on property worth in 186S 6,000 dollars, but which in 1878 will not bring under the hammer more than 3,000 dollars,—Butler's estimate of the shrinkage of values here being taken: Or the man who in 1861 loaned 6,000 dollars in gold, or its equivalent, and was paid in 1S64 in depreciated legal tenders, which netted him 2,280 dollars in gold.

The fact is, both debtor and creditor have suffered losses from the fluctuation in value of our inconvertible paper money. This is the curse of a currency which to-day is, and tcj-morrow is not. The only correction of the evil is to re turn as soon as possible to the solid basis of specie payments then, and not till then can we have stability in values and exemption from those violent fluctuations in prices, which convert all business transactions iu.u mere games of chance. And now, when our paper money is within three-eighth of one per cent of par with gold, after we have passed through the wilderness, gnd are in fulj sight of the promised land, Mr. Butler and his motley party, still hankering for the flesh pots of Egypt, would have us retrace our steps, and return again to our paper money bondage,

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GEOUGE BANCROFT, the diplomat and historian, wa6 seriously injured at Newport, R. I., yesterday, while out riding. He was thrown from the carriage while the horses was running away, and was seriously hurt about the head. The other occupants of the carriage were also hurt, but not so badly. American literature would suffer a great loss in the death of Mr. Bancroft.

-,-, ,«,-j

AN ENLTSTEDLABO^'ASSOCtX^

TIOX.

Among the dispatches of yesterday'!*,the following: -C Washington, Sept ^27.—A new also-'^ elation is forming here, known as the Enlisted Labor association. It is propos- ij

ed

to urge upon Congress the passage of 1* a law by which 100,coo volunteers may be enlisted for five years, for military and agricultural purposes, on a reservation ot' the government. Twelve skilled mechanics or artisians are to be in each company, and one regiment of each corps is to be engineers exclusively.

As soon as ten thousand men shall be enlisted, they shall be sent to a reservation, and upon their arrival shall lay out a city and begin the erection of suitable quarters for permanent settlement, preparing the ground for agricultural purposes and developing the mineral resources of the the country. Each corps is to be furnished by the government with seeds, stock, farming implements and tools. Volunteers are to receive the same pay as regular soldiers, and every person so enlisting shall, upon honorable discharge, be entitled lo a patent for 160 acres cf land, as now provided by the homestead act, or to one lot within the limits of a citv, as he may elect. Every alternate lot is to be reserved to the United States. 3 ». .'-Jv

This is of a piece with the many startling propositions for government enter piises, for which this age will become remarkable in history. It seems as if a very considerable portion of the people did nothing but invent sceemes for abstracting money from the public treasury. It i6 a poor stick who has not discovered a method of spending the public moneyThere appeals to be no limit to the absurdity of the proposed plan9. This one is no more foolish than many others. When the Hewitt Committee was in session at New York, and had before it the aggregated wisdom ot'the Notionil Fiaticfl, the Socialists, Communists, Labor reformers etc., etc., certainly fifty, and perhaps a hundred schemes for spending the government funds were proposed, and many of them were as ridiculous and some more absurd than this. Nobody who cuts loose from the homespun method of bettering the condition of affairs by attending strictly to his .own business, seems capable of inventing anything, a£ the very basis of which does not rest he idea bf spending a very considerable incint of money derived from the whole people by taxation. It apparently never once occurs to them, when they are this evolutionary trance condition, that government experiences any difficulty whatever jn obtaining funds. Perhaps thrv get this idea ot the government p- msessing a ring, with the marvellous pioperties of that which adorned Aladdin's finger and did his bidding, from the fiatics, to whom primarily belong* the credit for the theory that wealth may be indefin itely and easily multiplied by printing little pieces of green paper. At any rate they want undertake the job of spending the money, however, it may have been procured.

A novel feature of the conduct 01 these gentlemen is the fact that, when they are not contriving methods for spending government money, they are denouncing it for robbing and ruining them by taxation* It never once occurs to them that if their denunciation is just, their theories are dangerous as tending togre ality. aggra" vate the evils of which they complain. And if their theories are right, or any where near right, then their denunciation is false and wicked.

But this aside, we direct the attention of the reader to the scheme contained in the dispatch we„ have copied. The dea inv61vfd in this whole plan of the "Enlisted Labor Association" is that it is a part of the purpose of the Government to carry on business, and that, too, n»t for any money it may make out of the operation, but merely too furnish a home and jlcjment to all who have no homes, or want woi at better pay than they are receiving from private employers. It is altogether likely that a number of persons in Washington would enjoy going west, being presented with a farm, furnished with seeds, stock, farming implements and tools, all at government expense, and then, up to the time they shall ask for a discharge, which seem* to be optional with them, to receive regular wages, equal to the pay of soldiers, while they are attending to their own business. This seems to be a very pretty scheme for the settlers. Very few persons could be found who would object to being set up in business by a beneficent government, and then paid wageo by that government while they were managing that business for their own benefit.

An end of all this folly is made b7 a clear understanding of the fundamental proposition tha the object of our government is not to engage in business but to protect life and property, leaving every citizen, thus protected, to manage his own business, in his own way, at his own expense, and for his own profit.

AT a town election in Wilmington, Delaware, yes'terday, the vote stood

1,537 Democratic 513 Republican, and 112 Fiatic.

AT Akron, Ohio, tramps resisted the attempted arrest of som^ of their number yesterday, and a company of national guards bad to be called out to keen the peace. They kept it and the tramps, too.

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