, 1866-01-30

Edjors Chicago Tribune:
When ! rcad your Prospectus aud look back upon
thr patr1otc corrse you hare pn1tued through the
war, mn surprised snd panied To think you should
z,cromncnd the policy Of contraction ads oeattd by
1r McCn!loch. 4nd IN every paragraph of your pa
per ay every bad act OF the people expanded cur
rency. when Tou know fu1l well that the rebellion
could ncEes have been put down except by the help
OF lesa1 tender 1t wns through ths confidence Of
farmers and labor that legal lenders received 1eit
value, no: through caplta1; md now to have The
Government, through talan, who rympathixcs With
the Democratic party and the over-erowp capital Of
this xnd the old world, turn aganst copnane labor
ana lake from them tae very motive power which
would crabie them to pay The dcat1mpa1ea Oh them
ly the war and expanded currency, - The mos:
urncterons ro.:tio14 sny government eve. nssuued
taWsst la.tllul people,
The principle you advance In your Prospectus IS
<ery hroad grounds for a Newspaper 10 tzEc, mi
on this principle propose to ssk you few plain
qneztions, hoping for plasn aueHer.
Is it not virtually The Ibor Of ttis county, which
has the debt 10 pay? VIII not the polfcy Of te-
dceuatng legal tenders aad issutng long bonds add
heavy additional tx on the f1oor OF the connttye
Will not the policy Of contraction check Ill enter
pr7.ct Who Will bulld or Improve 80 long ~ 1t is
positive that in ehott time hts improvements Will
he reduced one-.hird In va1ue* Will IT not make
labor drug On the markell In fact, has not the
&4tlk AAEA NlA48CltQ WILL HI Exp8uQeQ EQtEGOCS.
and are VIC not entitled 10 the Eant TO p1y 1t! How
will the farmer Of the West psy the heavy ,sxcs
imposed IN him b. The var md expanded currency,
II his products are to be reduced ouetusd or o1e-
half in valne, a. they Will be BY co. traction. for
you rnues admit that IN time OF pace, what 81
port regulates the pztee ot .sha: ne consnme.
VIII not tho breaking dorm Of ahmen embarked
IN enterprise. based legal tend+B, PROSTATE the
business Of The entire country! Wc1e we NOT In 1
taise position betore the VAR with ten dollars IN
pnper 10 one Of cpldf Is Enot a
god bhtis practical tmpossib!li3,
and we're ne not At nil dmes
Eub}ect to nany pan,cx which prostlated Ill busl-
Dcst. Whom win contraction hcnedt but the oyes-
EroNn capitalists Of this and The old world {vtrtu-
ally dzonea IN roclcy) who will be able to buy our
bonds At less thin par-the difference heing i'm.
posed rs An additional tax On labor! VIII mot the
irsnine o1 more long bondr. made free nom taza-
tton. tend 10 bui1d up 4 money atisto1acy!
Ii Nr. NcCu1toeb'e propagation any thing slae hut
= rlau hy which the man with SlQ00o0 in curenty
becomes worth x14Q, 900, which he can put In un-
taxab1e bonds. leaving the pook MN slow1y to
Jay In gold from his diminished wnece, the eno4-
mons debt whlch has grown up In an expsnded cur-
rcacy! In short, viii rot contraction enable
capisa1 10 rcptace the chAins broken by the Great
Emhncpator on tbe labor Of the couutyf
IL moi biz p1an, by which an the Unitsd Siatas
shall redeem In three cttlez. thxt stock gamblers
n ay Aayr I'LL our surplus iunus, most unjust one
toward the country! Il II my opinion that gold
should he sorerned By supply and demand, Ike
any other commodity, for money Is only machine
like a:fcapcf, to cut wheat, End Legal Tenders are
the fasmcr.' and mechanics fayu,ite machine Why
not leave IN or present prosperous condition.
neither CONTRACT or cxp1nd, and xe wtu pay the
debt md continue TO advancc In Improvements Of
ali kinds. Would 1t no, be better, Ii sc must 80 to
gold l'a1is, to do. 20 at once, and brrak IN om