The Portland daily press., 1866-03-27

ob,,it e1o 90 -. e,.;tc Co. The raonle of the
bv our increasing population in the following
ratio !: in -,'r'l -lltqzl q elre.3 9G.
..-.gsy 5 I59p9urDG 1850 Fer eSa GAP a. s,ii
1917 IS53, gIf fugii b a5,s 30 N5B 9SftS9 40
i'se, 6ish l1uaGu aGl Gi.a gdS15a U
1870, aag fif1g 5us aiJ I'D u. 90 5s
The ratio of circulation to the pronertv Of
the country, estimating the increase at the
same ratio as from 1850 to 1850. would he as
follows: in iJ o'q 10s-5l b
ra1.nn.5.,5sl 4. Percent. e..
1855, about a. q "a
49, 49, /. 2 On5I 4pllsf .aftr lulf a.
1885, @ssi5I 10 sbn51 hafr -5ii1-s an
1900, f" .D.eg I'll 4l1. 10 9li
The national bank circulation of the coun-
try October. 1, 1865, was S171 ,321 900, distrib-
uted among the several sections Of the coum-
try as follows: rs ,l,79 '1iii % LOG q
- -sYed qsg9a a-a Bank Amour
Sections. Population. capital. per capita.
New New E Engiappd, s'iao'zSs sos9SS'oSa Wv 70
vania. i and New Ed slHell i9e Iips
Jersey, u 7,45s,9sb q, $780, 46 -ffln 8 81
Illinois, indiana. 10 5000 --.f9 i5Fa ~
s wa, h''n Minn ,o s-uGto p1, }
Ohio, and Wiscon- 1 sis.i I'd. agf n.eb
sin, ], u.51 l7,ss1,O2s 37,o2S,ss3 SO
Delaware, d He M;leH1y, 81 oH .Dy1 .be'aa1
ri, and District Of st si-i 4ooi l..4t b'5u
Columbia, S,2i2,0n 5,962,s5o So
Louisia Wu,u Ienne aS sa H s.i.'3
We West Virginia Virginia, 2,414,121 1.es5. o4o a.
IN. 4, 80. -, 49, 49,, ~, .;,s,.,...-
Illus % sen r v d;s.r;hr,t VI eGe
oI;aaaS o,,tara5 IN New E9n1and 80 - - ~, -
saabnsrJ ,,,I,;ie the Western and Son I'll LILY
S.ates &c ai,,,ost hare Ass,,mina H. sos,,,
nat;o of ,,;st;h,,ton for tho uhoia o;rc,,,at;o,s
"a ~ ntr, Az omont No.. ~. Cd ~,
M sns Sta,as svara1;no hnt 80 81 va+ NJ,
Tna,and would have tbs yery areot j;snro, NV
t;oS Of al a,er c1n;tn And What ia str;Iina-
w. signifscant on this noint is that her hnsi-
ness Is IN q most healthy Condition.. her can't
tai il legitimately employed and not for snecn-
iatiye purposes.a France has acirculating me-
d;nm IF about $90 and Great Rr;ta;n of coz
s,er con;tn aud We yet we are told .S'at S1o go %
will rnin country which has tha b, paJ
f;eld Under tbe snn far tha emnIovn,o,,t Of oa,,'
itoI We wont tho nse oftho 49,,
c;rcuot;on tban which the,e :, avar 80, nS| 30
tar or ssfa, 70 create now ,aalth W., ma' u U.v
aUar, hnnJrsJ tbomsonJ of oraor.n ~ ~ W. ma ~
tho ;nnIamant and aoant for sxtraot;,,o w vi; ~
ion of the nTac;ous minaral from onr ,,o,,,,s
tains. we> want tb;s cnrre,,cy tha ro,,raan,'.a
tive IF the can;taI of the naiiom 70 rors.,.'a.
onS er,;a tl,aa s.sat ae w tp
1no sqoip sniee sieas nnsS ~ Laisroau 70 the
anJ ~ ma =; ~ W.. w ,eltlie ota.es
:, trn 20, W ~ ter
trv. d., wamt;t - cc,,st,rot u n; ane eo Jun
80, saroh 80 iuos " coni
nutnt;ns, So, a. Hsta,,t a. uans
1; S'eSss anu slss oul
r,,r5 10 w,a,,t ~ hao,,, ~ az lnarheIs
f,tnre s,,d ~ rs dne paessns any
tbs co,intry slemand and need i IL y
eo ~, ue. ~. 'lu neeu ~ 10
branch Of tSe snbiect r. is assu pd' h Un .a,S
tu y sne e. y assumed py many
enas vs. w. n I hase 2 laan va reYuision De
,T-'nS,;si ~ s.o oa9e ai.er an
an',''.a al, 49, 49, i. deslt eoPie wing
" tie :act mat an
49, Z VI Inc people, and
.n't TUG crash colnes wneh they are Obliged to
lesurl snelr DyrIoWed capltal. Inc present
apuIlaace VI paper money results from the
niueoseuiiess o. Ine government to the PEG
PIE, me peoPie pems comparatively. ouS o.
ueoc Inere VII pe no crash. comparisons Of
our present condrion with the financial revul-
slons q 100 and 1921 iali entirely, because
snere y no :, summary OF circumstances; the
az .nose LINES was more vltlated than
iliialeu' .nole was no security lorit; the PEG
Pc w1IS ir~ely ~ aepC., IN ADDITION to the,
eurrency atioaI, Wnlcn was tnen the represent
H.se a 81 se q the pc PFC there
was also ailoat an enormous amount of note.
-debt9wiiich the people owed to one anoth-
81 anu ne % ta es panks, Inc crash came when
~ .,1 ,,;e ti LA no one nad any money
W Pay WIZ WIZ, enS currency was not based up
on u; .ne apiiaty u united people represented
Wy 10 Sonei 1l.nS 70 pay, Dut upon the abiii-
SoI y, n,aSa w Sh " isueem me promises they
mani ~ o tt now, tne Govern
~ ea;t,, nS slsat .ue eutife people, pledges
t;nna1 mnoie People 10 pay TINS ma
F., A. liz. ~ .9y - g.5 10
Nv r uo,,ti az ~ paPsr money now IN clrcu-
se1ta3 III Sfota h1r,l amount repre-
o''-Se tanN Is secured by
conntry T. ;s VIZ, soo,,, mnoie properly OF tae
lv rests ,,non sec;a M. is, any rear
i ai cqnvertiple INTO specie, except at
Iad auaa 1, - we specie IS wanted 1t can be
nao aii y W ian suffers, ior no holder ever re-
S So !. a. tns squiyaient q specie, but at
larger uiscount Cnall ne now makes In, COM
vei1iiis ~ NY tne required com. he gentle
,,, an rotu MI oCoFIELD who
was feupieg pecause ne could not obtain
speei i1 ~ nis sreeilpacks al the Treasury,
mVu n,, Gue - ~ ui,icuty In DONG SO
WiCnous applying % Inc treasury, it he were
content ~ 70 accept me amount which they cost
nun ius sieenI "a rest on specie basis,
~ 'nto ponds, the
po;, '''io 'uV'ii es' y Hiich are payable IN
oo III sal,.;,>,a al - as I q ..1bo
oe tS; Isns, Ple,eis anu prospective,
-. VII. - inoonverc,Die paper
na;tSnr 20 @e III p n9r LILLE ha1;sn Inc people
will noysr az, ~, ~ ; - sne anu aney
w ,ta 81 cor ar nndnno e'.se ~ tneu taxes
tbe n,r,,aSa 81 a,I rIOoy, AZ II III
country :, an sra pdaaes u tne
~ snotber reaaop ~, fn NC, clrcu,asl9h !nere
inc anv Of tb;s o cr maS am opposed 70 ret
ms, ,nS any 81 lls currency, winch is, that we
!. ,o the s0utnern states. That
Ohio i INF M Gar dusd 70 oy tne gentleman from
Of the gentjs,n an ~ answer 70 the inquiry
whether cnrrencv had - IOWA, mi. Prlce,I
Wilt Tau hla oeen decreasing in value The
Srod I,iii;ons u n'e answered that six hun
iansed in dsv y a o'euefate currency had col
ad so that willie , onr rne vacuum mad to be fill
; in 4 had currency had actually
~ nronort;on - tba b,s relatively, that is
no one would pretend, this simple Statement |
OF tne gen1lelnan pre.ty ehestually disposes of
whole soutl1ern country i to he , uoal This |
with oanitaI. drawn from the NortI Gnu