, 1869-09-17
MONETARY Ind COMMERCIAL


THrRsnAr EEBNISn. Sept. IL
s1tte OF The Democratic papers hasrur great
tfpuhlc III RELATION to the currvncy rErmun which
the Secretary nt thu Trcaaur5 IL giving for the
a'e-t"ents hoDt!e He +. paying fur thcul " Ia -
1Ff rent oi theif !Ace rnuc. stoa.ant9-tIo,Iar
t"t rtsts fs~' III s>as In purchasing tho.c l.,n,,s
IN the pTcn market. the government /, otalntng
them at Si1h to slY1 on the n fcsa I; an II must
l'aT Tor Them fourteen nr .txfcen Jrars hence,
whef thtt tn dur. million VI ,lo.ants of tt,tr
geld III The Tra4uss will rutebs.c IN ,hc ppc,
intkts $'.1sh,1sx Ut t,sciwcntcs nut tasc t62 ifa
ii fntt' ti'trTr''. Errrt trIlsr of .rrrc gntd IN
the T1ras1irE tnrrs:e'l In III" rurrfnsc Ut IRE.
t"ft re- fn'ts setrn pr rem, 1t < iii tiiefr,t.
sEf f'r objection 1nai'r hr the lh., Democratic
l"s'trh'' II *r TIT drs.t4,1i ihru rurr,vt'y. IL nut
tn thy Purchase cf sl1is NTH .hr *tr1u* ruIu II,
HP ltt1.Hf,. nut tn fhr1r ri1trhasr With
t"f1shft. HtIrftbt Premium Il r1h,,
Hut 't'* t'jerf.'n u t'Ilrrlir and f,,n,i.h. rhr
'hft itst int " sfnIt r1Erst nrs In " rtlfnuar
nf' r til" III thr lrr,,nrr, Int II hr ItI Il rtr,lt
faHAf n fiAHsTHrtIhh nht ftrahrAI .!tnrr1rr That
WA It st'"'iIft fetnngr MI rrtwurrr.N1 nftrs
IN" t''Ilt t>fr rtsr hr san nt,1r IA IL krrr IN.
Ma a(1 h'tstlrt 'nntur UT t,ntn 10 t.lrrt ,fr
'Ffht's '"' 'f" lrrh%ut, inr slrnsrs
h'"' ~ mart IN 'hr lnfrh14" N tnls MI thr II.
t'A fhHt rr'fss lniD tIfa hstlA An.l shIa Il trr.
tiFt shat i. tf1Hrr. "Itut h+ ~ tatlae tt:,.-
Ifft fftfiinE ftt lts t"tIIs IT ~ l., ~ rrt fsnf
u " hlfct' Very r'fl: how ran hp hrlp that
'"'t'i't9 H"n't III th~ Tinted ptutr, ss Enr,tr
WI sell h'th t*hls fIr 1tss tl1sH tfr. r4fkr. 1tE
III 'hr Hhfils th,nrr. II t,r Sptrriast httpf4 III
1~t'hthf iIr niH "tIttttlAr itirIet..}e, lW., III.
'fstsl f"f'a nj t',r H"s.Inn.nt, III pt+1snra
frf E"th~n'i ln,f.l., hr .anu.t
esl"'t I" I" h!f"r~l f"t them nlmp than jt,nr
tHHS'f fn!tt" fha' +sln nj rtesrnt IA A'nnt "A
thta' l'it'rh* atalnts thns. lii" ae+ttt.tJ Vt
thP ttfhfhft ~Hhta tn tIfr44a" ten n tnrlsa
fhsfs ~ F' f"H'fs let 1t"I'tl with s"frlus rnlH
A." ''tfff i+''"l t"Hhs III his t".sse ssn,4 THp
tHfsts 1T lhH i"i"ls tn" tf .aft anil hftrF him
F1 hs' Al s*te Al ~ lsnt '~t f1a a,.pts. lwsltp
hli'ln'' ~ Inst tlr". amt lhsi, ~.ts lhsht ~h.t
'le' ~i'' H''"w him Int 'itlap.l.t 1ta*sa4s ,nfts
'"st'h1 t'r' lhsrf.st. frtnrE,s%h1 II t.,t
a'"lr', 'it,c. Atut shl,h ha.r i,re, ,tsrll.e.t
III li'sf sH4srF tnh1tllIth!tlt ia,nrt,
1htt trgtF ''Ms MIR 4itnm Ia, ihr,t ptr.cli
thsiArs s*l"ar" TIM hafgAlit II rlnsa1 Tllu t4Iun
u ehn l"aa III HAT day II, nay u Irr rent |.
r"ts 'l't heit tatts 1lv IT r. Ia l.ay lnf Ialh
Ibis ~ l'eI ft"t Itt'uiaM n.4tts raxclt Tic ua.
tsl NJ the depreciation Ahirh thr government ILL.,
iifse'i On ils own tAlrs III withdrawing ttr rltht
II f6tsefiah lhfn s-st fk,h.!a ~hl'A originally
attarhel 10 thGIL n thIs rnAttFt,tIlI{ Attribute
htlI lnrtslncd tn tttnl, Ihe u.;,rrs Ut hui Iii
*nCt1 receive them vi par and he w,!ltnr III ex.
chaEEen ihoasamt.''nluF tnnt for fi,un nt The
natrs, The Eosr!utnrLt, howryrr, Al The Instance
Of r1. ssefefafy Chase. Sesri1ds the con5 e.1,l,ty
6fnr, anil. having slIrTty drfra.e4i the yalnc of
lis Eoirs ~ Irr cent has no right in Law or enulty
to Ft9itre fne holders Of Its t.,ads to rccrlyr ,hn
notes al nj, thing Eore than their maske, value.
The process Vt consolidation 81 III. ,ea,tnr mil
w,.s Of TIC country IS one Of She new features In
f.iit aa history Which has STowa out Of the con.