, 1865-02-11
MONEY, PRICES, WAGES, TAXES.
Or. Elder in Metropolitan Hall-Lec.
tuFc Before she Chicago Stock Ex-
change Association,

Washington, was delivered in NetropolItsn n
last evening, under the auspices OF the Ch,cs
Stock Exchange Association. The Hall xas ,v
n4ied. INC lecture was probably the most int,
csting Of the seric., being though not lcas nroc
cal Than those preceding, more immediately
p4cable IN Its Rtatements and conclusion. tn q
pocket {hence TO the conseience} Of tho iudfyidn
lhe hsst three were great in their scone. =,
bounded at the least byireference to pattnn.l
1nlfennenn; this was ofpersonnl import-iu mo
than one sense the application ofthe former n
subject was Money, Prices, Wages, Taxes"
u 5loek IS an easy Speaker, fluent and agrs
able. he IL full Of statistics, t1rurcs arn9s,.
from his lips n. readily a. drops II sSoWs
le scarcely nethodical; fndeed-as he ffmsai, i !
70 fisHin gHxiSninghs as set oh
corrected fsnin Of thought He believe nv 'a =
propraatcd ideas never do good to H. roaai y
@ ma endcasors therefore to avoid sequences 7ce
nG trT aoes, 10 r. s1pped ny the hoac
remarks ere listened to without weerinese a
membercd ut the close. He has one cnod I.a I'M
nc v wSen io 1eaFRe o e. al
to be pyosS, too curt to be pearisome' Va 'uouge
II. Elder Nas introduced last evening hv r. =
Wheeler Esq: Vice President Of lie St9ek - =,
cGnrse: a.' VI als a.
M1. colwcll Of Philadelphia hus ! ny, r,,,n,,
On money s1oae IN four be Gid no
asked the owner Whist they were cood S1r "aen th
swer was nothing. Money has h. fnT,ct IN, tae a.
ue GaS aos Of Ssan ia incTessn
eoneedc as va. he Eanes Snt he eoud
might DC measure behind It but The Meiii7n iI1T
o. G1clance was not The measure Of value 4 rs-,
ftseE o1 pound Weight are measures, but that IA
because tocy had no ralue In their etchnnne y.
canse money has yaluc 1t Is not ttsnd1rjs :rhar.
u however Standard. Naylgators have stantis1t
= Which they mere imaginary lines Of 1one
awnys talked in England about the pound eterint. =.
hut until 1916 they had 70 coin to represent T. r.
renns5lsanta they talked OF the dollar "a beina ~
heyen hss ~, and d.;,. sispence, but they ncre,
Maasaehuset1s; thcT divided the dollar into ss1
parts, but had 70 shil1fn.s yards:,ck mse ". ~
5 lna5a r1noes would NOT be less relabic than tbs
Mas worth sS5; Two months aflerwar,ls 4 stonI a
100. Money was IN article Of bastcr@an "s,,s:,
1ent tenaered-but ills neither the measure of he
Sagnang o. ahe ,..s ceiling or the price
enssilets OF exchange. Erefy banking house Is
noW 9S Clearing honse, whose da.tncss Is done by
W SMat lawyers woald eall ..act OFFS Il whole
nor1i3 the tcnls In New York State |balance, aud
not Eorc than five per cent is paid IN cash nor
s'Gn II ~ hs an IN hishIy civilized society money
he checGed-to psy the boot-bJacl Or the road toJ'
The millionaire Il the poorest m:u In the country
carries less money with him There were Ia 1855
country and there were only three hnnd-ed r,t1s s
lions 10 do It with. @-'A'-
There had been 4 large outcry against the v,,.
crease OF volume went toccthrr. hit fhe nao x-s
NOT necessarily the canes Of The ftHrr a.G
Smith said that for the century preeedfnn ha Ii
precious 1nctnls had been yearly nSdad " W ts ~
stock, yct tte value had not pcrccpnbly increased
since 1851 there had been an influx OF two }nndrcd
ED sixty millions Of dollars worth Of coin esch
Of fccod] money, Indeed We haFs mt sna; -Snt
amount of coin to do hnsicess VIII so a. - d,st
tized, there is les md less nen1 Of n,n1av ems r.
The London cIearjnp hnnses ttev nera. .s t,; n
clearancee IN nr1nortinn ~ ihe 1s sne!f f
money lis rent ar hire Is decszased md Thrr. = T.
ia n,osf nsed md chcencst - 49, n, ~
Threc ,cr rcnf mnnft 1,.,s nv ~ tGa
IN ra;;inrnf. 1rh.1a 1hsv ~.ra ~ a.,,. " pay
nneeess sni IN Bos,an XIV enn,a ~; ost t9 oqtin
Ia Gsa mn. +hs ,o.+ ~ ,,,,,,,.
t1frs s ii cotc n Fnci.nd H. Isa5 an1
!; ,a FL 1,ssd p:I ,n II d an h; ana 1e IN
@ - wa @oo 1assu !G1 nn Eou netns AZ It Per
At paI: sh,pwnehta recei!ed far more a. he eaT:
ner pe51oaI,. nsf esnt-ano iaoo1sss 4 pc1 cent
tuoIe. olachsEHns X PET ceAt-au enhancement
OF aiHost double. Ihe Eft expense OF cnifiyatinS
a1anlc !aoa, cAc%luslse % o. sen1s was, per hun-
95ea qr 5co aTsee, tS IN IN ! tn; S; T. 1si5. eSls:
u u .';S Gs RssEe ot %neat WE We ~ 70 per elght
~ n 4.l5 y Nas Ao.e n 1872, 3H "a. He Aa1
r. ot s;S1a 1nae "IS ons 81
tou ,Ssa that + enn5 nf h. ~, tea
G9s1 DC rioenIeo' ana Eople VAL pay lor u any
nIace satael aaan n noi 81. II Al excess oi crop
a"ass Ie9qses me ssine o. ne M Wnols crop, hence
ne near 6t nafn.ng corn On tne rtafies-
1Ee SPEAKER then gave MS authorities, Colwcll
and carey, AID recommended pesusal Of their
~oIsT. r.. +. -.
Al TIE beginning q the present Tca1 the state
bunk c1rcu'Staou N the loyal States was $ts10
tienal banks 60 ooo ooo; Total paper carreney ma
Nrltatn u tune or peace. Ae Was not however.
certain oi the ciEc1lahon; they thad no complete
returns except such can bG sot from the returns
taxation; sl5soo,o0o q The currency now IN cir
culauon Is 10 Ercenhaeks; It can DC funded much
more RAPIDLY crcn than Nonld be safe to tse coun:
he old. ,heTe Is ample seearitf aeanst ihaatioa.
as the banks cannot tssns more than ninety ps5
cent OF their deposits. The war bad developed
national banking paper. No matter whether il he
above or below par, 1t Is Of tho same yalue in all
parts OF the county and II Is to be hoped that the
eonsfo1 ihs es!1ensy On J!aasry s5 d .se teta 81
capita! OF nc rEa1aaslphla u. p hanEs was oM
ths1t derosits oG taelF 1o'ns a. ooo
asee:,ts: w aanps5iTs I'D done @ % eesa no1s sae
theE this, and 80 had AssEashusetts It vas tima
to pat & restriction on, On 1ed1's: Me must take IN
II einn d,se e. e 0
ne best method OF aseertaintng our present
standing hy WIS to look a the citea.
1fa1 Pr en TT T. nes e Gsai
Iose states 1, II 9s,a - Ss .a ass =
En!Iaad Sas sgs5 Per 6esa: e ths United ststes
etfcnlation OF EnSiand Wss ioa5 4mss EEeateE tnan
IN peace nmes. ne pspet neTeI cepscc!atea % any
fefy great sxteht, taooat ~ per cenL1 NailG ~
1slS immed1atey aiteI ne time o. seyefes. elaaI,
and ase years before specie paymgnt w A actually
re.rmcd. It stood at diaeount OF only 'our 10 Elk
per cent ,,.....
Wages: In var times me wnSes OF iabof r. is1
above the increase That capital receives: AZ ne
every movement even of the 1ntnd.,s upaeE1aw;
The events o! TIC rass had aounoanuy anoRn u
The study OF nature shows univcssa! acton 7 under
a't and and Sst T. onn e heIean ars iSc
material oat o. TnEa na. tsa tanos ms, R5uoases
every commodIy. Lsgos Gans eaeaeney,
PTodnetvenses. in GFoporaon = IT, works IN . Gon.
sppiies md Il proportion Is ise fiety Of pro pro-
Gacnon ~ - a s,,i1 10
aeaS We Ia9e LIZ ,ipas rs,';,, aiaa ~ soch o.
@ - - ian t.t .arit.1 II. ~ Ea1s ~ GASePl
thsx = mt crsarr " ~ Ininss na III ,,.,e. IL.
... LIE 20 ~. 1eeesHus ~ 9seiea'. tae capl.Aliel
,n.,rci arJ fn.ciIa.+,,., I'LL ~ heeu 9aaA1ss th
,n.cS;,c aa i,os IN ~ thnr oT ot ne
IT, IT. a.s ut- tu1 ,Hel sau ansasu 1sut9 l9lee.
e4e Cpi!snst IS !n1efGs1ea IN Eitlns leisure
enonSn 1,: lol nrl!oFenthI l ihc !o#est wages 4Te
s ..os .ns GSsa tol Ac capitass " P!f. Ae
Man's 11 rSt;er ano oe1ef men esefy now ana .aen;
noettE. lug unnaIa tenaeney o. ~ gosaety ls to
produce 2n equilibrium between the lahoEer and
~ the ,p,,nt,osnsss INV Ihe ans sarf
",ened Ent ao,,'csaH si.vn i.,5r - nv s,1te
wat IN ADVANCE On that Now We bnre our Lowell
girls going TO their work with parssols, and writ
ing for and editing thetr OWL paper. The con-