Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1867-12-06


al IL creditors excepting IN payment q. h.
terest upon its bonds and the securitl,. p. ''-
selves second. legal tender notes i-.--,-
the United States. and which the law Ii.
q shall be received as well in payment ID .-
debts between citizens as Of all Gover--..-.
dues, excepting imports and third 81,
and silver coin. By the operation Of -.
Pre- cot system Of finance, however, Tie b.
,allIc currency, when collected, Is rs..--
oniY tor one class Of Government cIg.-.
who, boiling Its bonds, semi-annual.,
GIVE their interest IN coin from the Ms
al treasury. They are thus made % ..
an Inyi1iJus position which may be g
strengthen the arguments Of tbs.
would bring INTO dIsrepute the ohi..-.-
Of the n1.ion. 10 the payment Of all b. b..
the piignted faith Of the GOvernmen: ...
be inviJlably maintained. But w.
acts with fidelity toward the b1ndh5l
loaned his money that the integrity
Union might DC preserved, it should
same time observe good faith Win --
masses Of the people who, haYIns g.
the | nlJn IRON the perIls Of rebelliu-
bear the burdens Of taxation that tie
eminent may be able 10 fulfil it 20
ments. There Is DO reason which vs.
accepted as satisfactory by the people
those who defend Us on the land AMI pr.-
on the sea, the pensioner upon the gr4...-.
the nation, bearing the scars and w0uu I. -
cciyed shile in It's service, the public t-..--
10 the various departments Of the Govern
tue farmer who supplies the soldiers Of tla an
aud The sailors Of the navy, the artisan
tolls 10 the nations workshops, or the .-
ics and iab0rers sh0 build Us eiifces a-f
s-ruct its forts and vessels Of war shou-i inns
meut Of their Just and hsri-earIei dues
deprecated paper while another class % -..
couutrymeu, no more deserving. ars g..
coin Of gold and silver. Equal a1I c14s. .,-
tice requires that al the creditors o. tle 81.
eminent should be paid il a currelcy possss.
a uniform value, THIS cal only be accom-
By the restoration Of the currency 70 the ...-
ard established By the Constitution: 81
this means We would remove a discrir...-.
which may, # it has not already done So. .-.
a prejudice that may become deep-rJot-I i-
whispered. and imperl the National .--
TIE feasibility Of making our curreue7 .--.
sp0nd with the constitutional staldlri r.--.
seen By reference TO a few facts isr7.l
our numerical statistics The u-5lu---
precious metals in the United States from j..
70 1857 inclusive, amounted 20 S--....
900, from lSjS 10 1850 inclusive. Cd 81
500. 900. and from 1851 70 -..- .-..-.
to S457. 500, 900 making the gran ~.
greEate Of products since l-
Ia 100000. The amount O. sp=
from l-4J 10 loj7 inclusive, was
from 1858 to 1850 inclusive, -I-- ..r
and from 1851 TO 1867 inclusive,
900. making the total coinage s-.s
ssh, 100000. From 1919 % ---
the net exports Of specie amounted O.
600 GOD; from ISIS 70 le11 incll--a
DuO, 200; making the aggregate q 20 .L--.
since lSit S74l. 900 These f---. s.=
an excess Of product over let exports o.
200. There are IN the Treasury -II ..-
0"9 N coin, something more than iI.H"
dollars in circulation on the Paci6e coast. 4-..
tex millions in the National and other t.---
al about 100, 00O.0 900 dollars. This, l-.-
r8kIn. into account the specie u The --
prior 90 1879, leaves more than three l---
millions of dollars which have not set -
accounted f1r By expectation, AMI -
fore msy yet remain in the
try. These are important facts, al
h5w completely the inferior currency vii .---
sele the better, forcing il from circulate l-.-
the MASSES, sni causing IL 10 be exp0r.e. -..
mere article Of trade. 90 adj TO the ul1eg -..-
taI Of foreign lands. They snow the ue1as-.-
retiring our paper money, that the r----
gold and silver 90 the avenues 90 trale -ss
invited. and a demand created Whi.l raj .s--
the retention st home u 40 ieast -l.-.
the productions Of our rch AID mex .-.-
c5lI-bsarin. nelis as NAV be sufficient ftp --.-
nose u circulation. Il Is ur-s,.-r..ra -. ID.
pect return % s sound currency 81 ..-- ss
the Government b. cluuuuiuEt 90 issue .r-rl-s-.
able notes fIls the channels n -i-,-r.---- ,-...
DEPRECATED paper. N5rw-ttsrs-.iir- a ----a-.
BY our ruipts since 1~t. rf s.-l- b1-f-sf 81
sevanrv-f1ur niIr---- NJ i-Is-s ~ -..-.
a. ~ s--s7,srs D.. ,-s ,---g-- 49,
ds.iyrs4 f,r choir Yss al ba-ss- ,-5--
1.,s NJ tba T.-s.;,--s 80. -, -.
t-osg1 .iavi,s are sslIr-- -. sr,s-- -
5u.si =, ,rs-ify ne i1ts-ss, .rs,.sl l-.s-
noveIrv
II Isr-..-,raI -.,-s- &. o.. t.. ...,..;-....
rsruaHsr,t .urrea..S Of III. -.--.-,, .-.
caiu is "a, become. y r,.-s -, ~. --.-..
.ra-..1-.-i,- q. -ta 90. l..-'...,.. - 49,.
thar IS in issnan.i--. h. III. .,----- - .f. g..
ME f. v-..fr ~. yri- D. .... e. ....s. .--.-..
ffrs .,.-rr -ba .-..- -..- ..-...-.t .,,.a-.. .
.l.b ,s-,fI,-E--.r-. ...f IL - -...- -.-......
-,.-,r- r.. ..,-..--.1 IN f.-r..- H.. ...
....-7. L-,rsgt- ,.ls 3D.. ..-..--.-. .-f 3D..
-i.-qi t,-ls .L.-,rf h. -7.-.-.-7 90 -t. -.
-,....- ..si.;.-- -. ..-..J ---I. ..,r ,...-.-
r,r.-..r.ar-. I'd, a. -.-,.,,-..-, - 49,. ~.
neuts AZ the earliest rr-i..ti-..Is r.a-..I S
rlv1...ts ta.sr.. r..r ..... -..---.r r. Fl.
t;ty4rur,..rr anil l.--s- I'D - $500 t.--. q. --
u.r is.laI bv either. .+i les. -..-.-.-- -..
twenty dollars sh5u-I tr Jaw t. exeIaisI t--
circulation. so TINT -ls r..r-. may have Oil.
benefit and canveuisas. q f. .-'.l anil silver cur
rencv which in all tfs.- business transact
VIII be uniform in y.-ge Il home ami ..-.
Every man Of property Up ministry. ,,.-- .-
whl desires 10 preserve vilt l. i.-.--.
se-se>, OF % obtain what he can i.r.--r..-
has a direct interest in maintainir-
culatilg melium-such q meIigr 81. Sal
real and substantial. not liable 20 --.-
opinions, not subject % be blown -.
down by the breath Of speculation. bus g,
male stable and secure. 1 disorIereI -----
cy Is one Of the greatest political evils. 10
iermiHes the virtues necessary for the sup
If the social system, and encourages proT.---
ties destructive u is happiness Ii wars a-l--
industry frusa-ity and economy, aud it .....s
the evil spirit Of extravaganza and specut---
It has been asserted D .4e u our most l-.-
touni ard gifted statesmen that "of l- Oil
c1utrivances for cheating the htoriu- c.l,-.-
none has been more etiectull tll-,--
which leluies them with paper 2. uey ILL.,
Is the most cdectual Of inventions On tert--s
rich mans fields by the sweat Of the POOR -.ls
brow Ordinary tvrauuv ouurp-sirr ava.s-