, 1869-12-20
Ii lONfT3RY ANp COMMERCIAL,
MONETARY.

Aontrapv
!
, - - ~
" :. - . ones -. ~.
- .ttee ~.sA ~ - ~, s"mseuI oay
.A"ps ."e' ~ -" a.. -, ,r,1
snn no't'a, auaH. va, Nsn sso-s iaa
y. -. -. $50 ~ ~ eSm
~ =" y ~." ~ .. NV e's
~ " w ~
"as' ~ ss.s a.. 80, - -
s ~ ~ ~ -.
"'-n,ss... 49,. sa.F 49,. ~ ~.
h..xn .r :, -, ,oo.,4 ~, -, ~ orr,-, ~ ...,,,
~, - - .,s,a... ~ ns ~ ~. - @
~. ~. -. 49, ',..-...s ~. - -
eNeH n-@A 49, ~ -. ~ ."o se.Fo' Ans! w
..' .outE .ae4s - Dots "4e1. ~ osDs ae4o ne.
t"au uas W. "eu .. ue.a ue'e oeio.e' anu
'neufn 'Le F1ee so.ne wa. '"e' Huan 'Ass 'ail'
tue IL c'cate III qla-o't 8'ett4t osetpAsuees tne
c.fc1eice ~ t.ee eoupseo WIN AT
'eas. secoLu' tne1e - = 'a9Ret ao1ouut ooe isom
eouLsty 10 CITY n!eIchshts. LOT Roa's eo'a on |
Credit Cou1 u metchants bSnght pretty loesaAy |
bteache Ire abnhdset cfnpp Nemeo 10 promise an !
Ac!iEe fau trades A1d GtJ ntrrhants- In T!eW OF !
she declining uhdtLcy or currency ps1cea OF goods
fut the psst few nontns, have been anx'ou- to !
tl,ru Their ttocks oil, 10 th.t theF might avoid the
shr,t lsge IN prtcct. 1t u easy TO see hos. |
under rhc Influence Of these csrcumstaoces, /,
TIC loau uars ct shoah be m1ch bote s'r1n-
srLt than Is ueaAi at even this Usually st11u.
Gent Eets. Of tho 3ra1. But, IN addition 10 these
eauscs, tLt1u las teen another, which many psr-
surs have IL vsEue terms calIed a "scs-c,ty Of
cu,fcLcy,"tut wA.cll has been rather 9 withhold.
.1,,, OF cu,tshcs iran, circulation by the ruhttc
.1.nseiseA To n any Who hear the Tor Of
raiinsn d. msgcRues like lngetsoH, Of nhno:6 fos
unre ct1.. Icy, II u, sr 4, sirar-c that the geo.
rial public thould te y wIhholdiup RreenhacEs and
Sst,opai l.Ai nous lIom circulation, though no.
thlIr r nore susce p.ne Of logical demonstration.
Thr s.tsd5 decane N ,he rrlee Of gold for 1wo
months ana 4 hsls tas conv1fccd people tha: tnAi
ID liz taIutal tLdelc.. under the Innrtnce Of the
present !nsRc e1rur1nhle enFp!ua OF this years.
c:cns As koou Rs Il bfcauie apparent that the
.!.e,rc wes due II natural cxus.s, and To. TO
WAi. a'tes s1Acu B.ioe, II brcsue also nppufeat
:st tse1e Mss ro c,,m1 osllty tn.t wa> Increasing
r yalGe 20 tas. as cur1ency, aud the mare " tn-
cre.s. In yaluc the les disposition there VIA to
tc h1sty n exchans'p De It for coUuodltes shich
were rot increasing III vaiueA In other words, ~
gold has a. clihco, there has been trss sud lcss
disposition 10 bug ccDn,oitles 81 any Kind, b.
cauke the tonvcs thai tile hs'der OF currency held
IN IRON exchanging Il fns Rosda or products, tho
IeIler bargain he could MIKE Tus 10 The cofreck
theory Of that which many are reAsed 10 call the
rcarclty Of curfeDcy." IL II due to shn decline IN
the "prics ct Eold.' Th's conu1cufe influence
rsseeds ss4 IL n""nss "n'srrA becanso
l
same con n'"sHits ~ cotactAt eeeatt.1 H's aoaus
| "hen eoba u ls' tasa 'nel w "ueo ~. ous
| 10 sno* ots OLD ooaot 1na1 Nv. ee@.J VI
ctlteacs tnst ca"sSs sne p4cesn ely ~ Nae
| loan nasktt' 1"st I've fe"eu'uclc" 'a%. 1s'o u
EomIa'lS the b*no so.ueoe VI s"..eae, e.st
cHee now nh tnFre "aS 'elee "on.'s seh ~" ~. :
WIZ ea'" ~ .so1 % - e'es lae
sshe o' s'"''"'"" ~ e'ev .
| "S,sss"A', rue 'aiue u eireu".A u''nl ,
arh tnen nc u fo'o, .uesa' w Wa W. TX s"s'. +.
ot ~, iae eac. aus'eoe 'Niue y. s.>',e'v,oUo "
| sue's 49,. -. q. -, =, ,n..,,. :.
teaE ssl- . ln Roln A"h III l.Ant1 ~ 'ne'ea.o
o' ie'tls si>''s !" -. .s'... - - ua.
"es setSr s.s",. - - =,
W. ~ s"1 eNee ~ ~ -. .,s,., 49, 49,,
~" 80. ~ r,..a =, r,ncn ,,,or = rn,s
'u>ets @N' ~ . - ~, - s.,,,
E''on " A W. W., .,,n.. -, .,n,.,.,st, ~.
~ ~, ..s,'. ~ -,,h on,,
"a' $500 ,,.,. ,.n",,
- ...., :, n,.,
,..,,, =, ~. .r. .noc. -. -
'..,,, :, =. -. 49,. .h.,n,, .ra, ,.u.n nj,
S 49,, -. .. I.-.,,,, - III. ,,,,r.,
49,. n...,s,,, :, - Iss ccn g:nn q, cu,,
N"'Ne'' A."' - .-n.r ',,,., =. ~.
| ~" - =. -. 49, - -.,n go ~ =,
W. s''eiu n. .,'.. -.
.on W. 'ne e'1u's 80 .,,,.a $3.50. r.t,,.. ~
W. ,,,... ,,,.n, rnrt- Nh, ia -
NV .,.,;', ~ -. rr,rs,.. anil r.,
w NV s,,n t.,,r =. onv ,,,1nn. mc,,.
n""k :" .n;., ..ts ,,.v,,
VII ~ ~ na,,t :, N, Al, wnnn, ~ n,rL,ns n
49," ss., -, :, sh,ca ro,a r. ,hr,, not,on IT re
~ -, r,. ~, +.,,ta ro.n,, a, =,
..,o,1.,,,,a ~,,-.,r
"a ~. -. - 49,, y. ,.,--.,.+. ;
"oI1o te ~ uefts ~ '. ,a ~.
rnen ."s 80 ~, 49,, t,t.,n uarv =
w'nsd rate tne W., wv ~. ." '.HH, - -, y
'Lese "Eo ase ~" =" o''k - sSs.,". -
'cee3 may ne' aase 1easo.S" W. ~ ~, ,na
'oe'ea sffu"ea. e'1Nos '"-' ," '''N" ~
!. sose'a'''1' ,,, ,,,-,-,-,. :,
~ seh Lu'tu -'n ~ -, ~, e.n,'.,1,. =,
:, 'eta' po'u. VI '.s - ~ ,.,r~ .o,,r,,
- I:mI1safmt, u"ta Of "aoto nc Nv" 'o'. eolA4''