The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1868-12-16

u NOAAldSS ON Jul 4utAi - otAiNN /
1S49 of eight hundred and seventy
four millions of dollars, the people are
now strangers to the currency which
was designed for their uses and bene-
fit, and specimens of precious metals, |
bearing the national device, are sell
dom seen, except when produced to
crafty the interest excited by their
novelty. If deprecated paper is to
be continued as permanent currency |
OF the county, and all our coin is to !
become a mere article of traffic ana |
speculation tn the enhancement of the
price of all that is indispensable to the |
comfort of the people, it Will be wise |
economy to abolish our miuts, thus |
saying the nation the care and ex- |
penSe incident to such establishments,
and let all our precious metals be eX- |
ported III bullion. The time has come, |
however, when the Government and |
National Banks should be required to |
take the most efficient steps and make |
all necessary arrangements for the re-
sumption of specie payments. Let
specie payments once be earnestly in
augurated by the Government and
banks, and the value of the paper cir
culatiOn would directly approximate
a specie standard. Specie payments
having been. resumed by the Govern
ment and banks, all notes or bills of
paDer issued by either, Of less denom-
inatiOn than twenty dollars, should,
by law, be excluded from circulation,
so that the people may have the ben
eft and convenience of a gold and sill
yer currency, which, in all their bu-
siness transactions, will be uniform IN
value at home and abroad. Every
man of property or industry; every
man who desires to preserve what he
1 fa.nF InF0 aarsTN iii int
est in maintaining a safe circulating
! medium, such medium as shall be
real and substantial; not liable to vi
| brate with opinions not subject to be
| blown up or blown down by the 6rIttes
| Of speculation; but to be made stable
and secure. A diSordered currency is
| one of the greatest political evils. 1t
undermineS the virtues necessary for
| the support of the social system, ana
| encourages prOpensities destructive of
its happiness. 1t wars against indus
try, frugality and economy, and it
fosters the evil spirits of extravaganza
and speculation. 1t has been asserted
| by one of our profound and most gift
ed statesmen that of all the cuntriVan-
ceS for cheating the labOrihg classes of
| mankind, none has been more effect
ual than that which deIudes them
with paper money. This is the most
effectuai of inventions to fertilize the
rich mans fields by the sweat of the
poor mans brow. Ordinary tyranny,
| oppression, excessive taXatiUn-theSe
bear lightly on the happiness of the
mass of community, compared with a
fraudulent currency and the robberies
committed by deprecated paper. -
Our own history has recorded for our
instruction enough and more than
enough, of the denloraiiZing tendency
the injustice, and the iutOlerabie OPP
: preston on the Virtuous and we'll
disposed, of a degraded paper curren-
. cy. authorized by law, or any way
cOantenanced by the Government. II
is one of the most successful devices
: in times OF peace or war, of eXpan-
SiOnS or reVuIsiOnS, TO accomplish the
: transfer OF all the pre- ciOUs metals from
; the great mass of the people into The
hands of the few, where they arr
!, boarded in secret places, or deposited
l under bolts and bars, while the people
! are left to endure al the incOnVeui-
ences, sacrifices and demoraliZatiOI
resulting from the use of depreciatel
and worthless paper.
t THE PUBLIC LANDs-THE INDIANS
7 THE PACIFIC RAILROADS. .
The Secretary OF the Interior, in hi
J report, gives valuable information il
y reference TO the interests confined t
% the supervision of his Department
{ and reviews the operations of tn
Land Office, Pension Office, Paten
u u Office and the Indian Bureau. Durini
y the fiscal year ending June 10th, 1865
u six millions six hundred and fifty-fiV
u thousand seven hundred acres Of pub
: lie land were disposed of. The entlr
i | aaSh rn0niTtE nf fhn CInT1nra1 o. N
;, Ofdce for the same period, were 81
= 632, ,745; being greater by 1924, 1888 tina
= the amount realized from the sam
II sources during the previous year. Th
Is entries under the Homestead law COY
i er two million three hundred an
l. twenty eight thousand nine hundre
ss and twenty-three acres, nearly on
~ fourth of which was taken under th
II act of June 2lst, 1869, which apple
> only to the States of Alabama, Mis-
y issippi, Louisiana, Arkansas and Flor
II ida. On the Both Of June, 1868, 169
/ u53 names were borne on the pensio
y rolls, ana during the year ending o
- that day, the total amount paid fC
y pensions, including the expenses
le disbursements, was $24, ,010, 982, bein
a So, ,39l ,025 greater than that expende
Z for like purposes during the DreceeC
10 ing year. During the year ending tL
Us Both of September last, the expens'
lie of the Patent Office exceeded the r
ie ceipts by $171, and including REISSUE
ts and designs, II, 153 patents were i
le sued. Treaties with various India
d tribes have been concluded, and wi
le be submitted to the Senate for i
OF constitutional action. 1 cordial
le sanction the stipulatiOns which pr
d. vide for reserVing lands for the var
u GUS tribes. where they may be encOu
10 aged to abandon their nomadic habi
ru and engage in agricultural and indu
"a trial pursuits. This policy, inaugur
IL ted many years since, has met Wi
~ signal success whenever it has bee
10 pursued in good faith and with b
rs ecming liberality by the United State
IN The necessity for extending it as
q. as practicable in our relations wi
ne the original population is greater no
II than at any preceding period, Will
III, we furnish subsistence and instru
We tions to the Indians and guarant
as the uudisturbed enjoyment of the
&c treaty rights, we should habitual
lu insist upon the faithful observance
l@l their agreement to remain with
their respective reservation. This
rs. the only mode by which these col
,r- siOns with other tribes ard with t
,ol whites can be avoided, and the safe
,ea of our frontier settlements secure
M The companies constructing the ra
Re way'from Omaha to Sacramento ha'
he been most encrsetically engaged
81 prosecuting the work, and it is /
For lieved that the line will be complet,
0f before the expiration of the next f
MS cal year. The SIX per cant. bon
rts issued to these companies amount
he OH 1lie oln inst INST 70 St4,ooI ,OO0, al
flo to the extent of 1920, 900. The ST
.nS retary of the Interior in August la!
ali invited my attention to the report
m q Director of the Union Pacific Ra
he road Company, who had been specii
nd ly instructed to examine the Iocatio
va construction and equipment Of tht
,ot road, and submitted for the Opini
bW of the Attorney General certain gu
ri tiOns in regard to the authority of [