New Oregon plaindealer. (New Oregon, Iowa) 1859-1866, 1864-04-15
"C0Le, SEVENTY"
NO MORE PAPER M>NEY ISSUES
.-..' BUT TAXtTION
From the Round Table. April 2.

........ From the Round Table, April 2.
Gold, 10" THIS is an ominousl
high quotat y. It means that tn
gree MACK dollar is wo.th A. metnin,
less than fifty nine cents in real none,
that prices Of all ki, Is arc grayita
ting to that standard and that th'
pubic cr,fd nee in the national cur
rency ia quietly hut surely waning
For this alarming state Of the fnance
there is hut one remedy, which is t.
stop further issues ofpaper m money, an'
tax.
Gold. 70 e This is lecause> ou1
!: curcr,ille paper currepcy is relund
ant. 1t has N'en unhealth,|y swole1
from three hundred millions, the amount
"foat previous to The war ts somewhere
in tho neish'orhool # eight hundred
millions. t. got back to a norma
site If the finances these enormous
over issues must te reduced. and in
tcrnal taxes to the extent Of three hun
,l'ed millions per annum kyiel. Elk
pansion has cause the, tr,uhle; c'm
trac'i"n alone can save it: Will Con
grcss please to put a stop t. further
Issue. IF paper m,nev. and I: x? =.
- nG'lh. 70" Speculation ,s rampant
Al ,;ho have money are feverel, AM
mail for grea. gains, No one ha. faith
il the government currency. and hence
every one is anxious to increase the
quantity to make np for the loss Of in
herent value. The sharp. the enter.
III. Inscriptions, make gfea,
fortunes. while the mss Of the work-.
ing popu'.tior j., impoverished. The
remedy is for The goycrnment to stop
further issues Of paper money, and tax.
"Gold,, 7o."@ Extravaganza prevade.
every department. o society. In the
midst Of q war wastelully lavish Of hu.
man life, whom every suggestion Of ma :
tional feeling should compel oar people
20 soberness and humility. revel holds
high courts, and pleasure toys with the
hours.5 The remedy for all is the stop
page Of. further paper money issues, and
pi,iless taxation.a 1ol~sg's Z -1'iG1
s Geld, 10" This adds enormously
to our national burdens. The debt We
arc contracting in deprecated paper
must be paid some day in hard COIN
gold dollar for grcenback dollars
cents for fifty nine, This is
wasteful and ri diculous excess tax
placed upon posteriry at once needless
and cruel. To reduce the burdens Of
ourselves and our children, secretary
Chase must withdraw his issue Of pa.
per money, AMI Congress must tax. :.
,,Gold, 70."'"It will not do any per-
manent good for government to sell the
gol in its treasury in order to artiflci :
ally cheaper its price. That is a mere
wrong in principle, and
which will lie imperative in practice
The only effect will be to give gold t.
people who want it at less than its rell
or market value. We must consent tn
a reduction of paper mney issue, and
heavy taxatl"n.
Gold, TO-" And no won Ter with a
national banking scheme j. operation
which is in fact process for convert
ing deb: into CURRENCY. The hill shor,
ly to be submitted to G 'nsress, taxing
,ut Of existence the issue of the State
banks, will help the national currency
somewhat i; hut if the national bank
supply the vacuum thus created. by
additional issues, the country vii be NJ
better Of. while innocent people wil
suffer. We must sop the issue of pa
per money. and tax. ssa
Gold, 70.' Secretary Chase, it il
reported. is to be in New York thu
week. No matter what plausible
scheme he may have to propose to ou'
leading money men, he must be made
to understand distinctly tina. all ove1
tho North. and in all classes o
society, there is !. unanimous der'an'
or the stoppagecof further paper none!
asues. AMI heavier taxation. ...-.