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Tilden's Financial Views

Tilden's Financial Views image
Parent Issue
Day
25
Month
August
Year
1876
Copyright
Public Domain
OCR Text

(4ot. Tilden'e lotter, accepting tbe nomination t tbo Democratie eoiiYention at 8t. Loui as a adidííto fpf President af the Unitod States tthe iieli PrWwenü} eiectioti, lm boen the ubject of vcry general OottÍTfcflftt mee ibj pnbcation, and oepecially so in ñuanóíií! int mercial circles ; and, ontside of political bia'8 nd partiean feeliug, tlioro eemti to be hut one Dinioa, anrt tliat ia, that tho doctrincH cnuDcittd aio Bouud and outeemanlike. ThiB column f the fetlger can bear nü ötlisr tentimony totbo nntimentu of tho letter than tliat of cordial oüifmsndnticro, for Mr. Tilden' financia] j)inioti iXb altnont entiroly thoeo that have en presSod tfgain nd Hin for yoarn past úpon tho Sííotíon of our readers, T)ioonly exention wo take to t!.S Uor i8 as to the oomppTativelj lïüimpörtaht point 07 repealíufí the aw fixing 8 day for résumption. This is a mat er, however, of miT-i exuediency, and involvea no principio in cuirency or UÍÍíie'. f!oT. Tileu considera the ropeal as aimply leiiaS'.Ü" a a!se stp. and, with conanmmate abihty, he )ointa out the kluudorn in our wholo financial egi?laton ninoe the closo of the war. Thia Hrt of his letter will bear careful study, md ehould be read ovr and over again by lioso who caro to comprehend bis schéme for S reform in onr currency. First, the Govirnnent woöld ave enough money to redeem the egal tenders, and when e had tliat 'central reeerfoir of eoln' he yfpnld rcuine. He iudicates no time whou thia shonld alio placo, altliough he thinkg the eooner he better. ïhls whole business of currency, he lettor proceeds to say, "pelonga ío tho domam of practical adminiatrativestatescaauship. A human intelíigonco must be at the helm to discern the shifting forces." In other worda, ie says, allow resumption when the President and the conntry is ready to resume, aud to bo rfepafed foí this all the powers of thoGovernaent ahoald bo exerted to expedito the time. All that öov. Tilden saya upon the subject of bo cutroney nd upon the cause that depress all business ihteïeStn i worthy of c&reful oonaideration. Every couclusion reaohod is fortiied by tho most Biibstantial argumenta. Ax a aper discus (ing live iutercsts it is not sur)aöctl by any of itö character that haa fallen mder our noticc. It teachea muoh that will bo 'omid wiao aud prolitable to remember.

Article

Subjects
Old News
Michigan Argus