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FOR PRESIDENT?
371

notions, accept true ones, and so put the latter in practice as to engender a sound public opinion and an incorruptible public morality. As a political measure to help bring this about, I place the restoration of true value money first of all.

It appears to me that Mr. Tilden has shown a more correct, detailed, statesmanlike knowledge of the evil, the remedy, and the process of cure than any other public man who is eligible. I say statesmanlike knowledge, because I mean to distinguish between a lecture on political economy which would be suitable for me, and the program of a statesman which is what we want from him — a distinction which has rarely been observed in Congress or in the Cabinet.

I am, of course, utterly opposed to the repeal of the resumption act or any part of it, and I disapprove of any concession on that point, in form or substance, by Mr. Tilden or anybody else.

I know that the soft-money democrats have claimed that Mr. Tilden has surrendered on the currency question, and the republicans have hastened to accept their authority as conclusive on that point. Mr. Tilden's opinions on this point are not new, nor were they first placed before the public in his letter, but if he does not in that document lay down hard-money doctrines, then language has no meaning, and I could not express hard-money doctrines myself. The soft-money men have, within a year or two, begun to use some hard-money phrases in forced, artificial, and impossible applications; they find those phrases in Mr. Tilden's letter, and that is the ground on which they claim his surrender.

Mr. Hayes has made a very distinct avowal that he will resist the repeal of the resumption act unless something better is put in its place, and if he is elected I shall