The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1868-12-11


!. !. sr J. a q
ID ~ MstAaS inNuixyt aphesbee
+, & !. -! e.. = eSSks lase pfUe1s
- lhey - sa5cyed. you'd themselyes
q 80 = - - GDHtsmOt Of OF iAdsAssas
ness upon Plan sAich would yield them Z
At Ien /. as'sins an q ths nams time, be
10y g sne sax.peyssa ofthe nation. Oar ma
3. =. = s. = q oatd - 0crediy snesersed; but
y. 1911 psoyanoe toF oar creditors, We
"a. ~ !. - 49, RI ~ = GO 70 the masses
y ~ - ~ IA aoe4med that tbs
; IT, ~ alssady s.
- T1oEef emnuuttAaa
Il, % a1ue41o 94otA
sseooeFd. Vpon tale et4tf44nt Qf facts, it
wooid eee9 ~ 80 40 e31oeoao thas ths
PC sSsh lffqses noe PAid ~ III Qovesar
..s 800 - app0ed % NJ lU0oela64 q
~ 49,. - pneata
s'cs' - :ixssen yeess $1,000 1saekl
wosla nqeldate 10 e.stse aadoeAl debt. Din
pr sent - oose eoeady - neeseae rates. Be
eqoai g Per cent. q enrrsncy, and equivs-
~ g tae Paynsas O. 70 eeos one ard ..
~ 49, ~ = fM1esoo - than eoventesa
ye Iss, e sooneceasn NTH ~ The etAes
sdvsntsEes derived from their investment,
woaid Adord % Ne public creditors faiu
And liberal compeaeation for the uss Of ,heis
gT.IuA, ana win tois they should be satisfied
ING :eesons OF tne PAST sdnohssh The lende,
INA. u 70 Dot we'll TO be over anxious in ex.
acting IRON the borrower rigid compliance
with the letter OF the bond.
II provis'on DO made for the payment OIL
the inde6sedness Of the Governments ia the
manner suggested, our nation win rapidly re.
cover ~ wonted prosperity. ltsintsrs.ts ra
quire that some measure should be taken "a
release the large amount Of capital invested
IN tho securtues Of sae Government, It 10 mol
now merely snpsod1ctive. batsn taxssioa Al.
nuAiiy consumes $l6O. 900 0O0, which would
otherwise - ass4 0y oar estoFpr,sine people
10 adding to the wealth Of the nation.
Our commerce, which st oae time suceess.
fully risalled that Of the great maritime
powers. has rapidly diminished. aad our 10
dastff4f Interests are Ia i aepreesed and IN.
gushing condition. The development Of
or tm4x hsoedblo .So1UGRpse = ohpckedx nnd
the fertile fields Of The Goutk sre becomins
0aaes Tor vastof 0eane % I'll sAer. Wi,S
the rslssss II eapital nv iiSs would be =.
fused Into the paraiyssd energies Of our peo-
pie, a.d activity ana visor i'm narted q ersr,
branch Of industry. Our people need $.
couraxsmsnt in their eG.r,s % recover from
the effects Of thorebellion md az min d;c;on .
legislation, ana il should he the Aim of IN
Goysrnmeut Ia &timuante them ~ the nroa.
pect Of an early release from the burden,
which impede their prosperity. five can.
not take the burdens from their shou,dera
We should ct least manifest 4 yillinsnesa 10
help to bear them. =
rHr cr,.rxcv
an referring 20 the condition o. the circu-
s'lng meoinin, snah merely reiferate sub.
s..n's.ny .nAt portion OF my last :nnual mes
- rnca Ie.s.es 70 tnst subject. ne
anomeions condition Of our currency IL in
striking contrast with that which was origi-
nAliy osalSned. Oar .circulatioa nov EN-
braces-hsst, notes Of the natioasl banks
which are made receivable for oil dses 70 the
government, sxcludisg imposts, and b. eli
ns cfsdisoss' sxcepsaag y payment Of inter.
est aeoo 10 bonus ana the securities thsm-
sew seco9d, s9as tender netes ISSUED BY
the Ua'tsd States, and which the Law requirea
enat 90 recsiveo % we'll ~ payment Of al
aebte between citizens - Of ell governusn,
cues, sAeSpss0e sUpOses; and, third, gold and
silver coln- BY the operation Of our presen,
systsm Of hnanes, however, the metallic cur
rency, whom collected, " reserved only fol
one class Of govsrn@snt creditors. who
holding its bonds, ssmi-aunually receive
their interest IN ccin from the Nationa
Treasury. There is no reason, which will b,
accepted as satisfactory by the people, VII,
those who defend us on the land and pro,.c
us on the seas; the peusioner upon the graft
tade of the nation, bearing tho scars ane
wounds recsiyed wbils in the service tn,
public servants in the various departments o
The government; the farmer who supplies til,
soldiers of the army ard tie sailors of th,
navy; the artisan who tolls in the nation
workshops; or the mechanics and laborer
who build it's ediices aud construct it's fort
and vessels of war, should, in payment o
their just and hafd-earned dues receive de
preciated paper; while another class of thei
counsrymep. no more deserving, are paid ii
coin OF gold and silver. Equal and exae
Justice requires that all the, crsdi.ors OF III
-. -. - =