Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1867-12-05

entirely relieved nom such responsibility II he i
cannot meet i by reason of restrictions placed |
by law upon his action, The unrestricted power l
ofremoyal nom offiee is "a very great one to bs |
trusted even 10 magistrate chosen by the gen /
eTa safirsge ofthe whole people and accountable |
directly TO them for his acts, II Is undoubtedly |
liable 10 abuse, aud at some periods ofour hist |
DRY, perhaps, has been abused. II il be
thought desirable and constitutional that II
should be so limited as 10 make the President
merely common iniOmer against other public
agents, he should al least be permitted 10 act In
that capacity before some tribunal independent
OF party politics ready TO investigate the merits
OF every case, furnished with the means OF taking
evidence, and bound 10 decide according To es'
tablished rules. This would guarantee the safe.
~ of the aCcuser when he acts In good Aith, and
at the same time secure the rights of the other
party ! speak, Of course, with all proper res
pect for the present Senate, but II does not seem
to me that any Legislative body eau be 80 constt-
tuted as TO insure its fitness for those functions
IL Is not the theory Of this Government, that
public offices are the property OF those who hold
them, They are given merely as trust for the
public benefit, sometimes for fixed period,
sometimes during good behavior, but generally
they are liable TO he terminated at the pleasure
of the appointing power, which represents the
collective majesty and speaks the viii of the peO-
pie The forced retention of Office by single
dishonest person may work great injury 10 the
public interests. The danger 10 the public ser
vice comes not from the power TO remove but
from the power TO appoint; therefore II was that
Inc trainers Oh the NhnrlllNllt3 ltlN lllt lhNNi VI
removal unrestricted, while they gave the Sen
ate a right 10 reject all appointments which In
its opinion were not III 10 be made, \ little re-
Election on this subject viii probably satisfy all
who have the good Of the country at heart, that
our best course il to take the Constitution for
our guide, walk in the path marked out by the
founders Of the Republic, and obey the rules
made sacred by the Observance OF our great pre-
deCessOrs.
FINANCIAL MATTERS.
IA r.. Ia.
Culating medium Is one to which your early CON
| sideration IL invited. The proportion which the
| currency ofany country should beart the whole
| value Of the annual products circulated bv its
| means Is question upon which political eCOm-
| olaists have not agreed. Nor can it be control
led by legislation, but must be left 10 the ire
| yocable laws which everywhere regulate com
| mence and trade. The circulating medium will
| ever rresistibly flow to those points where II II
| in greatest demand The law of demand and
| supply is as unerring as that which regulates
| the tides of the ocean, and, indeed, currency,
! like the tides, has its Gibbs and flows throughout
| the commercial world. At the beginning Of the
! rebellion the bank note circulation Of the coun-
| try amounted to not much more than two humid
! red millions of dollars. Now the circulation Of
| National Bank notes, and those known as legal
| tenders, Is nearly seven hundred millions.
| While IL is urged by some that this amount
! should be increased others contend that de
| Cided reduction Is absolutely essential TO the
| best interests Of the country. In view of these
uloSLeJ m @ !, iiay go; 80 ~ ,', ~
| with n metallic or convertible currency. For
| this purpose. let us inquire how much gold and
iIIj S ~ ',,,,. o, In circ,,ioii,,, q.
,nLoiJ, NOT ,Iro tbon 6oif tho gmount Of H.,
! latter, showing that when our paper currency is
| compared with gold and silver It's commercial
,HTS IL. ~ ~ t;i't, 49, ~ - H. ~
- ~ St a. al o o.'' ,
NN"7 uv'i w ,uf ~, fl o. 20 $50, ',,,!
W.! ~ ~ ~ f,T tost,r Ian
HIJnl e.onGlS 10 'oh ~, sutn IVA NJ a" W. w.,
SuaHv .V liue''' w t' Il -,,H ~, -
tn1C'oI'"t 90 r.. ,i,.11,,,, ridrr,{c,, r r
- -, ,6,,ndir,,, mood mot narrssoriI, =,
FIPvl - ,,I,Id dc,,J ,,,,, ~
ma no" III thoUC ~ ~ sbi %
49, VI ;3 .L. l ~ - lei tc,5cr ,,d
poIn1 u, L''liN Ina. NO coy Nv ~ cn;s
"uN iiot,7 t -; ol,,, r. tb bs,J -,
S, ',I III, =, 1 II, s,,b"nco5 ono bun5rsj
uhelF noiue' NoGIG &c & ' accdn'ris6
| - --,I+ sn 5asirobie IL demand
ni'Nj "ba Gi,host ,1I,hGc copsideratious
M ~ ,,,lIIates tbat The cirru
lty lslui, III NV ~ hall r r,
ialns tteutui' vi ,l' ~ ,rn of the form
IL. q uait' "a" ,,,,,t ~, Count ~, Nod in.-
"alu. w 80, ,i @ rtI, Pnyolnticn and ves
I'm nv w 80 ~ fc,a ~ a radnndant AND
sultIlHE notl .io -. tn Goes or that
WoElhiess paper ~ +,or ostcrit,
HeiIo1 WIZ L;L ~ TyosoI,ss Nod c,T,s
Iionl lIe Cnn IN ,ir, cirrnIotirs mai
IlehtSu' HSE.D "a 49, I'rs H., ,,I,,, :,
| lat, u, ,-aIyt n
com lnolti anu EF;.ts' ~ Stotos Frc,,, ,,oi
me same IIiue ia @ ;iV t, IN 49,,
ing anything ouT So'u ai.u - o,jjtt0, - ~
heht oI ueOis' nJ Nth tbnt
currency Is IN sllhnS o. circI,iatior nos
was orlglhaHy ueetEL'Fr tjoai po,,ts ,,bjrI
embfaces-hrst HUtcs VI -I "a j -, re 80,
are mace reGelNaO.e LoL On m o a. IlsN oroitor
ment eAcudlhg imports a.u W a., Ir' ~; Srd
excepting IN pa!eif vi ii"copJ Iaga
ana lhe securities ~ ~ TS'td Stato an
TENDER notes lesueu ny tH ~" i ~. III
whlCh me !a~ ITq9lIeS ~. ,,. VIZ js ~ al
IN payment Oh sI ueots neeHGn t r ' "
government uUes, p EN- ~
thlrd gold ana syeI Ioia 10y NV | ~
our present system OF hllances' no" Si Cn1 ny
tailc currency Wheh CoIIeClst II =" "
Tor one cass OF 1oSeIiLent M
hodlhg us bonus; Ia sgt;yI T ~
interest IN CON Itull Ine -'", At, ;; 80
Ihey are thus maui 10 9Ntuy q" tE ar
non wmch may De useu 70 stLeiS t,.tt ~ q,
ments OF those VINO "ouu pIli'E ny 10 uto,, luo
the Obligations OF the ha9oI III we pa: IN, :,
OF all lis d1es Inc pilFLitTI N..n vi tiv ~,
ment shculu pc anEiio.laol! th ~
while II acts WIN nucllIy toMatus 'lG
er VINO loaned ms h!oIeS ma NV ,,I ~, ~,
the Chloh hlghl pe ptes'frHiuII' ;t INV ~,
same une ooseIe gooH '@i IN; W ,,It ',rT 40
masses OF inc peopie' VIM MINI aEsTuuu ~
Union rom me perlis 9l tt2cl'ion' nov ue ~, ",
hTFF n