Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1864-04-06
stop Further Paper Money Issues,
and TAX

GOLD. 20" This is ominously high
quotation IL means that the greenback dollar
l. worth less than fifty niue cents Of real money
that prices of all kinds are gravitating TO that
standard; and that the public confidence in the
national currency is quietly but surely waning
For this alarming state of the finances, there i,
but one remedy, which is to stop further issues of
paper money. ana tax.
Gold 10 This is because our inconverti5le
paper money is redundant 1t has been unhealth-
lily swollen from three hundred millions. the
amount ahoat previous to the war. To somewhere
in the neghborhOod of eight hundred millions.
To get back 10 Il normal state OF the finances,
these enormous overIssues must be reduced, and
internal taxes to the exteat of three hundred mil
lions per annum levied Expansion has caused
the trouble. contraction alone can save IL. " Ill
Congress please put stop TO further issues OF
paper money. and tax.
Gold, 20" Speculation is rampant All
who have money are fevered and mad for great
gums. No one has faith IN the Govern ment cur
rency and hence every Oneis anxious 10 increase
the quantity to make up for the loss OF inherent
value. The sharp, the enterprising, the unscru
pulous. make great fortunes. while the mass OF
the working population Is impoverished. The
remedy i tor the Government TO stop further
issues OF paper money. and tax.
Gold. 10" Extravaganza prevades every
department of society ia the midst of a war
wastefully lavish OF human life. when every sug-
gestion of national feeling should compel our
people TO Soberness and humility. revel holds
high court and pleasure TOYS with the hours. The
remedy for all is the stoppage OF further paper
money issues, and ptiless taxation
Gold. 40 This adds enormously TO our ma
tonal burdens The debt we are contracting in
deprecated paper must be paid some day in hard
coin-gOld dollar for greenback dOllar-a hun
dred cents for hfty-nine This is wasteful and
ridiculous excess tx placed upon po>terty At
once needless and cruel To reduce The burdens
OF ourself and our children. Secretary Gu. Sc
must Withdraw his issues of paper money. aud
Congress must tax
Gold. ~" Ii will not do any permanent
good for Government TO sell the gold in its
Treasury in order TO articillly che pen it, price
That Is mere make shift-wrong in principle,
and which will be imperative in practice The
oniy effect will be TO give gold 20 people who
want II a less than It's real or market value We
must consent To reduction of paper money ia
sues. and heavy TAXATION
"Gold. 10. And no wonder, with a national
banking scheme in operation which is i'm fact a
process for converting debt INTO currency The
oil shortly 10 De submitted TO Congress taxing
out OF existence the issues OF the State banks,
will help the national currency someshat: but If
tue national banks suppl, the vacuum thus Gre
ated by additional issues. the country will De no
better of. while innocent people will suffer. We
must stop the issue OF paper money. and tax
Gold, 10" Secretary Chase, It i reported.
Is u be ia New York this week No matter
what plaus bic scheme he NAV have 10 propose 10
our leading money ed men he must be made To
understand distinctly that sll over the North snd
IN all classes OF society. there is a unanimous
demand Tor the stoppage OF further paper money
issues. and heavier taxation i Round Table.