Oxford Democrat. [volume] (Paris, Me.) 1833-1933, 1867-03-29
Financial Reforms eenspded by the


accepted By The rebel states. "a j. nov time
for The people TO inAuguraie a system Of e. .
n4neial reforms. vital 70 tbsir future vel
fare and prosperity. Durins the lAsi s0pr
OF eve wear. enormous financial abuses have
creps into TIE administration Of our public
aaAirs eHtsadiHg their eorruPsing inasenoes
into almost every departments Of business
A a people Ne shoald stop night -hers ~s
are. look the evil squarely in the face. and
then apply The remedy.
I. The Legislation and l-asiness Of the
country should LOOK With special rcierencc
70 an early return TO a specie basis. Every
days experience must satisfy. even TIE most
casual observer. that cur paper currency
eircOlation Is too large. The larger the
circulation. the les viii dollar be worth
when tired BY gOIa standard An en-
trssAcant eircul.tioa % paoer u,oney Gre
saes 6efifious prices IN al Kinds % pro-
perry. ~hich IN the end vii IA bach. sub
Jee,ing the owners 10 great hnsReial loss.
Specie pay@sni has sl-Ass been the great
business regulator IN this eosntry-and
without this -e arv al af0at In order 20
avoid too great \ disturbance in The busi
ness World a return % n speci- basis should
be gra.iaai-hence the vital importance Of
making an early oonao,ocsscI.f IN this IL
rertion But il VII inquire great sir,s-.-
gle on 'he part Of the people 20 bring a.
back % the sound financial position We oc-
cuPi~d before the var The connbinatiors
Of wealth al over the country are lead SCI
against a. Especially wiH ,he gold gan
blsrs 81 Wall street. and the unprincir.isd
FEEDERS at their orin. ighi ssainst i,. Du-
ring ihe ~ar thev hid a despoiic cc.frol
over the whole business comruurif. throurb-
cut the eniirc cosntry. The, dcfcd 'he
government ana scofcd a. ever, easrt al
Congrcss 20 cLecs thslr slde spread Ensn.
GA suiudies- In splse % az oPPosiiiou
they beld god az their ON rates. aud A.
that vent % and came down. 50 che price,
Of all kinds Of goods and tncrchandise
kited up and down. These gold monrer.
vii de hard When once ~ get baek 90
our ole faancisl position their %. orrura
tion ~iR b. gone Against a rcsamptio
Of sp~cie payments. IN close proximity o.
;he gold gamblers. stand the whole horde
Of interruptions spectators from one end
Of The country 90 The other An inflated
csrrrncy rt.Ables banking corporat ion- and
large merranfile houses 60 zHord SPECIAL
facilities 20 this clAs.. From these boasr.
they obtain large sums Of money With
~hich the bay up and Obtain entire con
trol % different ariic,es Of nierchandise
and trade-tben PCT up the prices upon
these articies % sUit their insaiisfe avaficc.
ant IN iLis say lew q Tar Of millions upon
millions upon The honest sonsgusrs al over
tac country. 4 careisl mathematical cal
collation. al demonstrate tLe astounding
iAes that the people 70 day s-e paying o.
gold gamblers and specuiafors more nsoncv
tLan a. thcIr government taxes combined.
Take a. a. cxaDple. toe single article ol
hosr. ~i,ieh - ls higher In The ruarkei nav
than . dil AZ any time during tbe var. and
higher than % cr,r dii SINCE the great grain
crossing facilities % the west have been De-
VeloPed. Why ists There Is no scarei.
~ 20 create any such cKhorbifant prices
The monthly returns 20 Tire Agricultural
Department az Washington prove this
The answer comes % us from another O..
reeiion. The spectators and Raj Road
eorPora iious have coulbineL together 20 bur
~ add keep back ihe ubcaf aud fosr IN H.,
west, thereby O. creaf,a coalnarafire sesr--.
q. and tbss force up prices. This rsue
"a PLAYED last year. and tLoasanl. and
hundreds q Thousands oi bushels % --aie
we're kept back oct u the 1aarket untn u
spoiled. and in The end ruined alans snrn.
grl In The aiirorious busir.css of -rs4f.ay
starvation PrIces O. snrich tlem.eIse.
The nan ~ho usss in his faniig zen Or
twelse barrels II faur in a year. and na,.
from four 20 eight dollars tax per barrel O.
a. ihe spsrulators. can cairuiai. sonrth,n-
Of the Amount D. PAYS yearly fo eafort.on.
ers AID this hat q single srfieIe 81 the
long iisf that The consumer has annssli, q,
charge % biuseif a. 90 family srpsnss,.~
3 There must o. lrss 81 extrassgarce
ard more q economy in Congres.ionsl al
STATE lrVis'aiion. ID CHS. i-ri.'-tar. sre
81 iaa.t. b. noe 80 m8rb al ile.r cansu.a.
ents ln ftts rari.csi4r Coz yr.f.l have
uost worili'y drrearrafsL Once. Co.
people heii taeir E,rresen.aare. or fb.
hoor' OF Congress aai ln tb,,r STATE lrr.s.
hiures % strict aoroant.bi.-t for al.
manner iH shi-h ihoy voted ara, g.. ,..l,.
Dc money Nov. it b. rot 90. Money "a,
b. vote cot Of ODE treasury 9Th % p-..
frct iooseuess. al tbosc sho A. ia.t-u.
nseuisi in dong BE-. are pad ior ibcir reck-
iess cHfraragance by being reelected.