The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1868-12-18

~,h ,h., which was originally designed
On, circulation now embraces, nrst. notes 81
nstional bank, which ere made receivable
far Al duss TO the Government. excluding
inpor,s, and 81 all irs creditors with the tx
eeo ,ion Of in,sres, upon It's bonds, aud the
SECURITIES themselves; second, legal tender
uo,ss. issued by the United Sto'sr. and
which The law requires shall be received a.
well Ia payment Of all debts between cIu.
: ne. IS Of oil government ou's. excepting
impor,.; and third, gold ard silver COIN
By the operstion OF cur present sys'em of
finance. however, the metallic currency,
When collected 10 renewed only tor one
ciass Of government; creditors. those Hho,l
holding ito bonds. semi annuity receive
their interest in coin from the National
Treasury. There 10 90 reason which Will
he accepted ss satisfactory by the people.
WHY those who defend us On laud and protect
us on es.; the psn.ioner upon the gratitude
Il The Nation. bes'ing the Gears snd wounds
received while in i,s service; the public
servsnrs in The various departments Of the
Government; the farmer Who supp lee The
soldiers oil the army and the sailors OF the
rsvy; the srtissp who tolls in the Na'ion's
work shots; Or the mechanics aud lsborers
Nho build lie ecifces, and construct i,s forts
and vessels Of war, should. 10 payment oil
their Just and hard earned dues receive de
precisted paper, while another class OF their
country men, no more deserving. are paid ia
coin Of gold and silver. Equal and exact
justice requires tina, oil the creditors Ct the
Government should be paid in currency
possessing . uniform value. This can only
be accomplished by the restoration OF The
currency 10 the standard established BY The
Constitution. and by this means We would
remove q discrimin u,ion which may. II !,
hss not already done 90, create . PREJUDICE
that msy become deep rooted. and wide
spresd, and imperil the national creait. The
feasibility Of making our currency CORES
pond with tie Constitutional STANDARD, may
be seen BY reference 10 few facts derived
from our commercial statements.
ARGUMENT IN Favor OF RETURN TO SPECIE
PAYMENTS.
The aggregate products Of precious met
els in the United States, from l6l9 TO 1867
amounted to sl,l74. COO COO. while for The
ssme period the net exports Of specie were
e74l OOO, 900. This shows On excess o.
produc, over the net exports Of S433 GOO.
coo. There ore 10 the Treasury $lo3 4O7'
os5 in coin, in circulation in the States oI
she Poetic coast. about $40 700 900. and
few millions In national and other banks-
in Oh less than sl6o 0cO OoO. Tskiog int
consideration the specie in The country prio
10 ls40, ard that since 1867, and We hsv'
more than $500. COG. 900 not accounted 70
by expectation or by the returns OF To-
Tressury; and. therefore, must probably b.
remsining in the country. The time he
come when the Cover ment and Nations
bsnks ehould be required 10 take the mos
eAicien, steps and make oil necessary o.
rsreemer,e for the resumption OF spec'
payments. Let specie payments once b
earnestly insugursted BY the Government
and banks, the value Of the paper circuls
tion would directly approximate . speci
s,sndsrd. Specie payments having bee
resumed BY the Government end banks. .
notes o. bills Of paper, issued By either.
. less denomination than twenty dol'aI
should, by law, be excluded from circulation
90 that the people ,nsy have the benefit sr
convenience OF . gold and silver currenc
which. in oil their business transactions. vi
be uniform 10 value, 81 home end abroad.
Every man OF properly or industry, eve'
man who desire 10 preserve what no homes
Iy possesses, or 70 obtain what he can no.
esily caro-, has direct interestip msintsi
ing safe circulating medium. such m
dunn % shall be real and substantial. n
liable 10 sibssie with opinions, not subje
10 bs blown up or blown down by the bres
of speculation, but II 10 to be made secui
A disosdered currency ihone Of the Create
poiitica! evils.
DEPARrnsSr OF THE INTERIOR.
Daring the fiscal yess ending June
1863, elk millions six hundred and 6hy.6
,houa "A nd aeve M ndsed acres Of pu b