Marshall County Republican. (Plymouth, Ind.) 1856-1878, 1857-11-26
4 Sensible Proposition.

y writer on our currency troubles. Sald
to be we'll known Boston fnanrier. make.
til, following sensible Suggestions:
In seeking for cure (of relun liant
l,>pef curlen.y) we must take the patient
a. he l. The people are accustomed to
paper money. AMI bank notes can only bt
driven out by something better. Mature
Abhors a Vacuum Let uN try the expul-
i've power of new affection
.lon i.ave ;he fcmedy AZ hanl. 1t /.
,his:
When any pavmcnt i, To be male ~
the United States, let it he done. not iv d
Singc draft on the >rb-trrasurer at New
York, or Boston, OF New q. deans. ~ Phil
aicl lphia. but 10y m1ng drafts for small
sums AMI let til. drafts be engraved and
plintel, differing a little in size and ,hapy
from bank note>. These drafts will be as
convenient a. the paper currency we have
been in the habit of using. but unlike that,
they Will a'war, truly Teprcsem; exactly 50
much gold lying ready ior them al the
a,lnt> Or elsewhere, ready ior expectation,
4, well as for domestic use
This paper currency tha people viii
not carry to the suL-treasury, or tlc mint,
trr payment, rntil they want gold. Much
of it will remain in circulation from han.I
t" hanl. -Anl in the pro-e>, Of years ii
viii always adapt itself exactly to the de-
n'anI for paper moncy. and Will never by
depreciation drive gold "at OF the country
"Athougl cppp>r il principle to a pa
per currency for small amounts. (anl the
Introduction OF goti ii, our money takes
away the excuse for small notes. } vet fol
the present need | would recommend Il
moderate i,slie at Gsst OF such drafts fo.
ten AMI i've dollars each
Ill i>Sucl Immediately they would fill
up yoiI which il now very inconvenient
aiisl ahophccpcsa would give change in gold
aud silver, aud regulate their prices accord
inglv.
.If this really constitutional currcncy I,
kept back it will force the continued use o
incon;rovcrtiblc bank notes. IffrceIv use,
IL mav begin now era"
This i, the best substitute for B inks ot
Issue W. have seen, anl if we must hlv,
paper money it strikes us that the above
will be amply sufficient All banking
systems having failed to answer the pur-
poses Of their establishment, AMI filed the
land besides with leeches, ,roncs AMI gam
bcrs; thereby enhancing the price OF every
article Of necessity -4ntailins oppression
and degra lation upon the laboring classes,
1t is time they were cast aside and some
thing more safe an reliable substituted
Ii that cannot be done let us return at
once to gold and silver currency. If tho
people consent to a gradual abolition ot
paper promises, bankers and corrupt poli,i-
clans. viii be sure to manage, ly corrupting
our Legislators. as they did when they OBJ
tanned the charter OF the Bank of the State,
or some other way, to Increase instead OF
diminish the quantity Of Bank issues
Down with banks vi issue should Ie the
cry of every one in favor of permancncy
III the business Of the country, as well ot
all who are opposed to supporting an ar
my Of brokers, shavcrs, AMI stock and pro
drce gamblers; who live without toll. upon
the labor of the county, and do infinitely
more injury to the inlu>tlio, classes ever,
year than the lccrsts in Egypt.
u y friend han,lcd us a late number
oi The New Orleans Delts. from which ",
clip the following article for fla, nm,