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his Waverly speech as a currency of 'rags--only rags'--warrants me in saying that he is probably opposed, on grounds both of constitutional law and of expediency, to the financial scheme of Mr. Vallandigham and of the Cincinnati _Enquirer_. Judge Ranney and Judge Jewett are also evidently unwilling to accept the inflation theories of the _Enquirer_. They are both opposed to taking up the greenbacks now in circulation by an issue of bonds bearing interest, and repeat the same arguments against this policy of Johnson's administration which were urged by the Cincinnati _Gazette_ and by Thaddeus Stevens and Judge Kelley, with much more cogency, a year or two ago." Commenting on the above, the _Enquirer_ says, editorially: "This will render it necessary for Judge Thurman to do what he ought to have done in his first (Waverly) speech, define his position distinctly on this question. As one of his friends and supporters, we call upon him to put a stop to these representations of General Hayes by giving the people his views. "Is he for the bondholders or the people? Does he believe that the debts due the bondholders should be paid in any other than the government money, which pays all other debts and liabilities, even those which were contracted in gold? "Is he for one currency for the bondholders and another and different currency for the people? "The Democracy of more than forty counties in Ohio have spoken out on this question, and we have no doubt the example will be followed by every county in the State. In some counties no other resolutions have been passed. "The time has passed when the people kept step to the music of candidates. The latter must now march with and not against the people. Will Judge Thurman define his position, for thousands of votes may depend upon it?" On the 27th of August, at Wapakoneta, Judge Thurman made a speech, which I hold in my hand--as you see, a very long speech, covering all of one side of the _Commercial_, and parts of two others. One would suppose that, a week having elapsed since the speech to which his attention was called had been made, that in this speech, at least, if this was an important issue of the canvass, we should have his position plainly and clearly defined. Of that long speech
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