The New York herald., 1864-07-11

land had most strenuous eHoris pVen euUoyeu
by the government, regardless oonsequences between
Isl and 1919 TO Of England notes from the
paper mills. ... aes
The fohosns able shows the depreciation Of the con-
currency during the ihree years from the
Of l777 the OF 1879, and the decline
OF Treasury notes from 1862 presen, day m
.vsrHh aNsl HAB kHn4 T-ats~of fFuus of aCtr-
@ea co.d rnur 7cstFg.rq anstaa Doar rescy Dollar
umf III I778Ii77s' 1852 ses 1854
otry Mono. Yatyga ---I Il-i - - -
January ii = 3O4 l3s4 95i4 i21slt2zs
vall tebrsAryo syt5a5i !,
ss,s' # 81 @ s. " "
,F June % II ~ 90 90 oo1s
sn9lrr Aus,s, ios l.2i5 8 iSois l77iJ -
tsep enoer. 81 sIslat sk sos es,6 -
n3ddu lcobaT s67aTsVa *Ss 20 Io+tS
s4 peecrioer T.. IT, lSs. i5 32s 751s s55A l.
= owing to the NOV emrrts Of s. ccaiors gold the do
prec atoa presen. paper money has not been as
effd regular as WIS thst OF continental currency but
saoi Decline seems quc Certain unless something done
Na' to cncck rs downward course The plan which
nfn ndbted by hopkeepers during the Revolution to
ainske out reir bits The rates and receipt
ae'n them n. certain amolnt goid the following
e''' copied ron Lossng's History, shows III
-lni~QCa3au A. M'IrAs, Il Bought Of W. Nicnols.l
1,air boo,sq ..9a sg......... ~ .... -. @ 5000
a. 40 ii yards caiioo a. $685.. ss
ysTd II Ta5a ii 40
s1aGya eapdges senicfs aat 500. .... ..;.. 400
n8dw ssa0s gnaAty bindins az s4 ....-.....--.. 81 81
81 mi sksh q SN i,i-'r s-''--s 'v,--' -
.ros',o Total :...a. .s.... ..?ls - s sa.ls4 4.
~ 80 p'a ''s'''' Esssyca IN Nj '' ~
las bsJAxuARy s, I-sIw ,hnfil ebats meJoSA JONES.
bl n win be seen by the above hun.
od paid bin OF ssl44 which had been
o ntnade currency prices. How 10 avoid drifting
iinto hunliutng condition is now the study Of
the aiarnists, they have
serIned--cr country the government is
pow relief the trades people win be jus
ing nnancaI us lay within
oshsr relcn proposed vim probably be the
beneuolai that could ne adopted. 70 N'o"aa .4
soq aoA CORRESPONDENT following suggession:
od a To the present dislgreeabe crisis monetary
i, a2srs eapntIy ne Of soand
S@ ne ssS the S'Ss Sssas nd
many o. ihc conmerct', Arms 10 Erfand during the
betW that COUNTRY aud franceY remember
when eag ksl ~ SILVER and & epPs coins S esari ,s 10
a. whole kugtand. Three smlinss eighteen pence
tue dea tue b.nk tokens aud, taking
value ae issue OF such tokens Sy rms
would only be the means OF releasing this general
s c,iued !, shas I'm YOU'D iet loose
which being by sofdd aud uDpatri,ic mon
ba,Thst whoh wanted under the present ccun-
q ne 20 sgsnspsn as r. ns e6aasa an % %
veney under all difficulties. great mistake has been
made y the soa1,y wS PfSss sss
81 may be Of service 70 shs trading community \
spresrs exceedingly difficult task % bring
money market into sound working order. The lack
Knowledge the future nnarcal move
yneuts of government tie large amount OF capita
DO from this city foster speculation
iu productions West the scarcity OF green
backs accumulated wants OF th, country
which likely demand I'M mediate attention, ali com
~ binc 70 unset;ie sspgency,
p1i which every shall be only temporary.
Mr. decide his future plans
grea; prcscnt dEaruangemen in nocneta
ayry wn bo removed, aud the market will be able
itself TO thr@ the npediments free use Of
the unemployed cayIial E1 Nf. 9s
re oIanoS the Intentions Of Secretary Fes
eldd the currency offer materially, and
opposite the autpodes. II s asserted by
mxny will curtailing tho currency and
viii not STOP brings down meet the provi
eion m lns loan act which de-
total Of United states notes issued
snail exceed tour hundred millions
OF ,doilaessa policy he must tase
nearly hunced millions from the voume OF cur
81 reocy ansaf. On the other hand, u 70
+. ssated necessities OF the government
4 demand tho legal tender printing machines
Immediately set IN motion, and that they must
no, stop until they cf sixty millions or more
descriptions OF government paper from The
smallest denominations f the fractional currency the
feyen ana thrce-enths interest bearing legal hotes
which the new authotizss This amount Is due
ishe so,ders Il win impossible for tne Treasury
Department to procure 50 large The
wants the troops without adding TO the present s,rs
geucy 10 monetary Affairs and perhaps producing sboher
psnic The late Secretary has efs his success.
cor no envable task TO perform, and u M
Fcsseuden can get through with II without disturbing
fuanc Affairs any sefods extcn; be viii receive the
congratulations OF many who trembling 10 fear
Tor their safety. ....,.... ..t,., \
reported that secretary Fssseuden WI be this
city 10 morrow monday and viii csdeavor
srrsnFenent wnh the banks 'or temporary foas
The following the quotations of ra.koaa and ns
oeaneOus the close OF each OF ,he four
- i,,....t o Y. June ls Jun. 2s J,ay D Ju,ys
nsa'S.T Aiaea Ierrs aTt'iii isaiea r. !, az % Os