Page:Speeches, correspondence and political papers of Carl Schurz, Volume 3.djvu/283

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1876]
Carl Schurz
257

There I venture to differ with you. The equivocal position in which the Democrats have placed themselves by demanding the repeal of the resumption clause furnishes us one of our main weapons of attack. I have already assailed that point in my paper. But neither is the Republican platform clear enough in that respect. It is indeed important that you should strengthen our position. Permit me to propose to you the following paragraph:

“On the currency question I have frequently expounded my views in public and stand by my record. I regard every law of the United States concerning the payment of any form of our public indebtedness, the legal-tenders included, as constituting a pledge and moral obligation of the Government which must in good faith be adhered to. Moreover, I am convinced that the feeling of uncertainty inseparable from the existence of an irredeemable paper currency with its incidental fluctuations of value and the restless agitation it causes is one of the great obstacles standing in the way of a revival of business confidence and the return of prosperity. That uncertainty can be put an end to only in one way: by the resumption of specie payments, restoring to the business of the country a safe basis; and the sooner this is accomplished the greater will be the benefit to all our economic interests and all classes of society.”

This, I think, would place you on an unassailable ground and give us a great advantage of position, especially in the State of New York. It may appear again a little long, but I would ask you to consider that never in American history was there a letter of acceptance written of such exceeding importance, and for which the people looked with so much anxious interest.

Day after to-morrow, Friday, I shall pass through Columbus at noon and can stay until 6:30. I should be