Smyrna times., 1858-10-28
An Expanded Currency.

Ihe Kew. DIR. ayland, in a recent sermon
on tue late financial crisis, gives utteranee to
the following sound doctrine upon the expan-
sion oi paper currency:
. The TACT Is, we have all forgotten that there
, Is any law by which God governs accumulation.
lie mas told us, that, by the sweat of our face.
we email eat our bread; that is, that all real in
crease ni capital, Is the result of labor Every
one sees that there Is at present, Just as much
larger an amount OF value than there was last
year, as there has been labor and skill wisely
e&eFted. We, however, have ATTEMPTED 10 in.
crease the value o! the productions of the earth.
mol 10y the Increase of labor, but by the expan-
sioh OF the currency. We have proceeded with
Tue experiment for several years. Prices, of
course, gradually risen, and men supposed
themselves TO be growing richer. Growing
rlch rapidIy, they have invested in advance. in
everything that money could purchase. Their
expenses have enlarged With their annarentIv
increased means. Al last, the expanded circn.
Iatoh, smitten by the want of confidence. has
cFuhbled In 'hrlr hands. The accumulations
o' year" ar" surrendered 10 meet the exipencv.
ahd II is lo1ed. At iFngih, that, 90 what we viii
we are governed by fhe law originally enacu d
by our Creator.
The effect of these changes is greatly to be
deplored. 1t Is, however, felt most severely bv
the working cIasses AS prices rise with N
expanded circulation, the cost living is greatly
enhanced. When the reverse cDmes, the worth
ieSeness OF money not unfrequently creates an
9eHtiohai rise OF Drlce. while al the same time
laoor ceases and ail means Of living are at once
cut OIL fa'rl"tIsn, humanity, christianity, all
urge upon us the adoption of such measures ms
shall, Ii possible, save us from the repetition IF
ct snch errors in the future, and put it cut of
our power to iniure either others or ourselves
. -
SEIZURE OF AN OBSCENE NEWSPAPER ER-Ser.
eeaH; Birncy Of New York on Tuesday arrested
ii man calling himself S Hankinson, nj. d..
ana seized large number Of copies of an ..ob-
scene, indecent and scsndalous pa per" publish.
"a by him, called the New York Journal
f1aEklnson formerly carried on business Hnder
he name OF X. Bland, ". %. The Journal was
'eEo'cd 10 advertising The miraculous medicines
'ha wonderful secrets of it's renowned editor.
which are mostly Of nature not 10 be spoker
d. Among the many, however, he advertised
nc " -Egean Secret, means whereby nersons
'th Old, ugly and wriukled faces can easilv be
made 10 appear young, beautifully smooth. and
''eh hahosohie' The Doctor also professed
% oe s0Ie 10 lmPart the secret of mai king posts.
'nilding materials, &c, last one hundred wears:
10" 10 extract gold out Of all dirt, sand, &C.:
~" 70 suOVert the powers of nature how to
ai'e crops without seed to cause a room to
Ppear all Oh fire; TO make light burn forever
SIth"ut reptenshing II cook without fire to
ny up the human body by the use of pepper:
nake 81 appear and be received as 50. and
tHer similar lmPossibllitics. There were some
'ghl or ten bushels Of the newsps per seized.
o5e'heF with great number of books. done an
u wrappers, directed mostly to distant nlaces
u Tue W est and South. Two younO wrman
we're engaged in foldiog and wrapping the ma.
'ers' but they we're not arrested. It is said The
octor receives from thirty to fifty letters ner
lay, containing reniittances for books and miy.
uFes' The fools are not all dead yet.