The Jackson standard. [volume] (Jackson C.H., Ohio) 1847-1888, 1867-01-24

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given.
How has It BeeS and bow q Il nov, with
nskard to Porsp y Dhe great demands Of the war
and the prevalence Of the disease known as the
hog cholera. so far cut short the crop that the
farmers In the country did not raise supply for
domestic purposes, very many Of whom were
compelled 10 supply themselves from the great
| pork marts fOf the country This was the case
especially for the seasons 1896, hogs and their
products eomrnahdiDg such prices that even the
class formerly retained for reproduction were
thrown upon the market and killed, thereby
almost cutting off the means OF supply. But In
1865 the great prices stimulated an almost univer-
sal effort among producers TO restorethe supply,
and In which they were partially successful to the
extent that the price of the hog crop declined
nearly Oae half The present season. What had a
redundapt ssHTenGHf 10 vdo,witli thls 7, Nothing
The reason for the decline Is to be found In the
fact that nearly oil Che so-called small farmers"
Faisedt this Eear, mot onlyth own s1Ppllesf but
a surplus for the general market. -.
To claim that retiring eurrepcyOr asdecllning
gold market had very much 10 do with bringing
the price OF pork from eleven cents per pound TO
six cents Would be rank injastice alike 70 t1e pro-
creating or recuperating capabilities and powers
of the swine and thes'enterprise, industry, and
Thrift gf thetarmer. No 0aarticle1 ln the, market
mas shown or does show any palpable sympathy,
with thegoldInarket the increase or deelneD of
the volume of the circulating medium, except
such as as are imported exclusively and even the
supply of the latter will more certainly and sem
sibly afieet It's price Than anything else. -
# How was itat the sametlne With regard to the
article OF wheat1 There having beengood wheat
s!rppsItAroughontthe country, Wheat .wesijustss
cheap In the market as corn: How u II now
Corn to-day With as iB worth forty centsper BUSH
el. If redundant currency causes high prices,
&1iy not tho price Of that article one dollar or
one dollar and twenty cents per bpshel. as il has
peen someumesT why, because there IS a large
b9or9 crop 1ARAt II flle 81 ana the only
explanation that can DC given. ana with regard
W Mneat there mas neeif ahalnost eiltre laIare
oi ete ana the[eiore theP lSligher than
nave n Su he has, " o
EIts dE tbs gef fferh fdin TbtcsSo
" w oui
NOW Mr9 SpesKertt an Wiling 70 admit that
EgpPere may pc lor some purposes sneha thing as
a redundant currency and ttat y may have an
ellect upon prices but SHAT elect rs only temppr-
airy. II may induce men who have no means of
their owntoiso INTO speculation. Because Of the
N tlle currency 2r lFs they
may poTrOW ana go INTO speculation. They may
ouy ana nolu alarge amount OF produce ana tenn
porarlly affect prices. But when their bills pay
aple pfeoae 4ns fhf heRe tn pe mPt p9ssi they
may renew them once 1or u perl0d OF ninety days
Fpuk wneh tHose 9lis nave W DC met lhel produce
must De sold ana the market comes down: Spec
uiatoIs may alect the prices OF cOmmodites tenn
PorRrlly Dus w9en payday comes, az come y
nInst, prices again come INTO harmony with the
4e,llnd Ilgl iVr tns ~ aile La.hages
but, SIT, s ds ~ iae tnat as compared win the
period OF lc9Yialnq 16pO We nave q redHndhnt eur
Iehcy now was ~ Ihen Mny,; Sir they say
tlatat thatltlno we nad xBuV wv vv1 oI currency
no aoas nod avg om sS We pase YqOV or
ooo aao ay SIT that goooVO
SoOO,uVV,Vy Yts 9eIoIe ihs var Seiore the war;
ior every uolr VI clrculaoll, lor every 9oilar ol
% %Dalk paper or golu, OF WhateVer entereu lnto or
rlaus w wy slpi lpEel " Nour t9ele was
someDody note out lOr Ten OF niteen collars.
No one then pretended TO do business on q cash
basis; no business was conducted anywhere, for
cash no sales were made for cash. The whole
sale merchant sold ut six months time, md the
retail'merchant did the same thing, Every man
who had any commodity9t6 sell never expected
to,get money for III he always expected to get
somebody's note, the usual credit being for six
months, II undertake Osayfthat, during they pc
riod Of five or six years prior to 1862 fifteen six
teenthsof ltrhecDmmerciait transaetlons iof the
country were carMrlSf M qn upon the basis ot credit
nG and what e as Sh
what we 1 tbeH that sev9n or eigHf hnhdred
.oilI;ons is of ,cnrreucy now are more thms three
npdred miiIionsfhen for Ne are now at1emptinS
For SSn ,av"y VIII tbs
credit S svstem have nothing 10 saw against the
~ Sis1ihv itsalf 1hnte a. III Is bas,1 itLe
,aorot ~ e,rcot desi of onr aorio
H s b,5aninr H. l,t5ot
,sanS 'rS S d,ses Brt
% idea was conceived and brought forth tIat we
,1oSsi M hsva SSns ,rEereS smcb Ss ia S,AI
,,onts of the canntrv demanded whv the neonIe
alvg terS aid 1irrs er-
tent vritS die crs,iit svstem .amonS ma, and thew
SI ,,I n, coSh brin
tha,, r SbinS that r nndSFtaks ~ sew s,,ch
siGD1J as manic or crisis cond not nossibIy tal.e
nIaee n What Az peonle 1ar,gAbouIta f1dsis iTiho
p"e /. in deht3 f can never he and never, will
take place. TKefef6Fe say. SIT M point Il fact
il isalot true that we have asredundant -,nrrency
,He SsIde sI webeybfa 'Hsns1d 1mvy no,y
e. @ aH,,,oI cnvenoS 10 nav Internal EedarI to ~,
ayceedin fbe enre yol,,m ~ o;scIs
The ast reort III tls Y.s
UeS ~ tha Treasnrv shoSs hat auying tSe JoS
asnni oa W nnr ne6n maid into liz
If .hs I1nited States. more than SS1O Ooo. .o0O2
t1EsftJ va Ihorh thsn ~ fdfoI az
~ oriztd OF the national borilcs
and notbing 6ut currency lawful money! wili be
sIidli yed M kattileit of tllese dues. u iIm0W
D. 1rf,t.,.tS. .X,,uo -, h,. ,,oo,, a. Go
rotorS os bo TrsSsnry sesonded by ts Fi5ance
retary OF tne Ireas9Iy secYnul9 Vy sne llance
Conlhltbees Oh ootn 5louses .. OonsIess, rs re-
~ r. SiSod ~, Si
ga P[sIn nS" - s,sg ~. Va have "V ohoSt sH,en s0
Low lsit tg,yay sllG ~ b"iS sgyns Stas0el
hn1sI aas nSa oaa 'oHi W pannS, misn 1ob o
SZyz z@VVUeVV. @ W. nave ln;l.tulu numbers $tVO-
DOV oO0 oi oRltSa states notes and 70 Ypu num-
pers $lovgVVVOO 0I nCses lat
pays pgell glil W ~
ana now WIat u atGclnpseu 70 pe uonet Dy she
law Oh the last session .le Ytlthe Atess-
ury was pernltIed ana allloTzea py law 70 DO
terss mrs s I5Sg SSnd9s % q S TetIras % te nop.
Interest bearinv notes So that since the MASSAGE
nS tIle law yel OS6 I'D, her month fof Limited