National opinion. [volume] (Bradford, Vt.) 1865-1874, 1867-03-22
Our Finances and their Management.

ed the publication Ol Il VAST nuiloel
of letters and pamphlets in regard
to the hest course to be pursued III
attending to the financial needs and
difficulties of the United States uoN-
ernment Some of these plans nave
contained good suggestions, ana
some of them have not. Inc gene
raj effect of this constant pubic us
cussiou of our financial matters may
have had good effect i'll familiar
ling the general public with some
mattcrs which would not otherwise
have been brought to Their atteh-
zion. but that has been about all the
benefit that can have resulted from
= them. 1t would have been lmpoSsi-
Bile for the Government to nave
adopted them all. for they have rel
; resented every possible phase OF III
tlation and contraction, grand lotte'
nv schemes. elaborate sinking 1unds
FIR consolidating the debt, pubilc
and free banking systems, ana al
most every possible and impoSsinie
= plan for bringing our finances INTO
"A solvent shape again.
!, The latest of these linahcl II witt
J.. crs is Mr.. John J. Cisco, formerly
! Assistant United States Treasurer
u ut New York. The position that he
has held entities his views to con
Y sideration. and some OF his suggeS-
u tions are very good. We cannot
; agree with him. however. III thlnk-
u inc that the contraction OF currency
~ should he stopped, nor i'll believing
i that the keeping OF Il considerable
; amount of money III the treasury
=, vaults will cause our national clc"Il
" to rise RAPIDLY. His theory seems
u" TO be that if the creditors OF the
~ Government think the Government
- is able to pay them they VIII DE
satisfied with that and VIII not pre-
" sent their claims. Il condition ot al
~ y, fairs which would hardly be realized
- III practice.
. The Government is not to bIam,
for acting contrary to the directions
of these voluntary preScrlberS Ion
~ our financial ills. The only author
", ties in regard to a financial pollc\
"'''c' '''' w. ''''',,, ,,,,l H., t,.,
e. tIc''iN y. ~. ~. n,nis -
If. houses Va ','t j.,
~ public letter or circular what M
~ considers the best plan ot hnancia
-, management. but he cannot cXptc
rs To lllo'h 'i''' H"'l'' ''''''' ''' '''' , ',
re-. 50 i'i a. MS '"@7 'I 49,.
ct menu 'Ll','Nt'>V - !" '''',O " Wv
th- 'ht H''', "'' ',i'i' "l'''' '''(
wo W w "'"i','". ..:...., .,.,.,i.,,. ,,.;t
Law oie Oh thI pIin''l'''i t!oI ,, w., w.,
,ck o"' n''"''. '',' ',I ,,,;t,,r,ni,,
of l"'N VI I ".'',. ','''i ~ i,,.' 81
.ay ot''''"iN -t'' No. ''''' 49,
"u> o,I'' VI W." ,J ''" '' ~ | : ''
cal y vi Wv W" t,,,.,, ,7',,l
i've "'Nc "o''' w. ,ri,a tt',
his u P''''' "''i''' -,
ear such a disagreement n''"'' t,
md powers VINO nave 'ne co''''ot vi l.,
'eu, poiltS 'l'"l II u ''''l''''i' re !,
of goNcrhmrh'ai "ea',''TS WIN u
ETY. hHahceS mas o'ei' ""'i'' III -, IL u
i'''eics'S Vi o">i'lcSS' "t P'"i'
I. nav I ','N 81 ''e'', sur a. ''N 80"
",''I' Ioi-i'>H ''', ','''' - .I ,''''"
"'''' ''' i'''','S ','' i','' W ~, =
.,'''''''.. ""'', ,t ,' Nv I',,.,;,o
VI. ','>' n'".'I w.. ''' i,L ,.
las las ' ,,oo :" $3.50
The nn'' :. ',' n;n,t hn ,,,.ntnl ~, fntn
- Nv" ~ ;','' !, ..''', ,,'.,.lu,. t., sn
VI y. !, ,':,,'p''' '.,,,'.,,' ~ 10 Trno.
Die "''' aD7 j.. ,,,,r ,.;o,.s nf D.,
''t' MAXIM - ,nnn,o;na onr fin.
VI C,'' ',' '.Ia,,lJ hnvn hnan frrthnr
an ~ t,'a rn,L ,n rnsnmntinn of suc
,opd mn,.,nonts onl tho business Of +
Year rnnmtry vonld have been in = mn
ition hotter shone tha, f nroscnt.
ed n JeeI wh.n wo look hnrL mon
tn L;s,,'r,. nc ,ho nv.nt. of tho last
4 re. "nar. and 500 thror"l, What
irty. hoya n,sSrd W. orr su}uriscd II
irty. ,nr ,;,,ar.o. ,rn tn d,, in ~ goo,
the conJ;t;nn os thov orr If the in,
le o; t;on nnl;rv c,ulI have identified
,uIar nation we certainly should Ia
1 on hnon hn;,, nm Lv il t,r tbnrn ",
$50 n month. and ovnn vn,rs whnn ,
po of Cn,.ar,,,nn,t ,,n ;,S mining mr..