Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1868-08-06
TIE RUTLAND HERALD,
FRIDAY, july n, lsbs'


ate, after lengthy doliheration, agrees upon
a bill which the House, without delihera'
tion, wipes out of existence by an amend
mcut so weeping that it amounts to
nothing more nor lSss than a substitute
The substitute Is amended by tha inser'
zion in ii Of clause which essentially
changes its nature and scope, and thus,
day after day, new issues are presented,
which involve, for their proper settlement
the application of almost all the funda'
mental principles Of finance,
\ careful examination Of the debate on
the measures cannot fail of convincing
those better posted that the amount Of
financial wisdom possessed by certain
members of the House, is not more than
enough to carry them konorably through
the duties which they are sworn to fulfill
The two things we opine, which are OF
, the greatest importance just now, are to
improve the credit of the country and To
improve the currency of the government,
The member of Congress who expects that
the government can negotiate at par
loan bearing 3-6j per cent, interest, while
he and others are declaring that We shall
,windle those who have already loaned
government funds, is either entirely igno-
rance of our Importance as a nation, or
one who would sacrifice our greatness.
II it is Just and honest that the govern
met shall get rid If the claims of the
londholders of our securities by giving
them promises to pay when it sees fit,
why can it not pay its creditors, ia did
Russia in the days of Peter the Great, in
pieces Of iron, or in any other article of
comparatively no value which it shall de-
nominate as currency. Ifbroken promises
to pay can be multiplied aud made legal
tender by act Of Congress, why not make
the bonds themselves a legal tender, so
that each bond can pay itself The cur
roncy of the country would be less 'iniuri-
ously affected in this way. As a bond
is a promise To- pay money and
grecnback is a promise to pay the same,
the substitution of one promise for the
other, of course, pays nothing. If our
debt is to be paid then by an act of Con-
grcss, without calling in the aid of any
real money, We see no reason why Con-
gress cannot declare each one thousand
dollar bonN legal tender for one thou
sand dollars, and thus make each bond
pay itself. We only give this plan TO
show the absurdity of the schemes pro-
posed by the Pendleton repudiationists,
and believe il equally just and honorable
with the plan, Of that school of poliu-
clans, and if theirs is to be seriously con-
sidered, why should not the one here
mentioned meet with consideration, As ii
would disturb our peace and derange
our financial policy to a much lesser eN-
tent.
\ RoUND CnARGE.-Thc following
chargc to the PEOPLE of Barn,ton, P. @,
was given by Rev. II. I. Campbell, on the
OCCASION OF the installation of Rev. f.
Evans of the Baptist church in that place.
There is a volume OF good advice in it
DEAR BRETHREN: suggest that you
pray for your minister daily, guard his
reputation carefully, hear him preach
weekly, listen to the word wakefully,
treasure it mp ioyfully, practice it faith
fully, labor with him sympathetically,
both individually and collectively, attend
the PRAYER and conference meeting con-
stantly, support the Sabbath-school hearth
", subscribe for him literally, pay him
promptly, give him bit of meat and a
ball of butter occasionally, call on him
frequently but tarry briefly, greet him
cordially but not rudely, and may the
God of all grace bless you abundantly and
add unto you daily such as shall be saved
ctornally. Amen.
THE AMERICAN HOTEL, BURLINGTON
We find an elaborate description Of
the American Hotel at Burlington and
its improvements, under its present mana
gers, who are well known in this vicinity
and as one Of them is our townsman
L. Foster Cook, we rrPublish the article
We most cordially endorse the sentiments
having recently he'd an opportunity OF
making p survey oi the prcmi,". our
selves
In the prevailing, ana hitherto reason
able demand, Tor one or more tr,t-tl"s
hotels Tor the acrommod"tion OF those o
the travelling pubic VINO III their "lS'
selection OF pleasure routes, 30 not over
look the b"auttuul valley and unaur
passed natural scenery OF Lake 'ham
PLAN, ana TINS lis Queen Clty' 1T i
barely possible that our citizens are no
1u-4r. hat Nyt nuNp IN DUI midst "A tUlly