Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1869-12-18

nANNNA .H'H'r
Amoss iis evils growing cut ~
ihs Rebellion aRi no, Yet Ttitrrrsi
u il ihst ofah irrs !eeHEhla curG,n-
ey. IL il an evil Ehigh hope Wli.
receive yEnr nlsI earnest aiieHiinn
ltisa tnly aui 0Ee ut tho Highest
duties OI lhr anFerHmrai a. secure
la ritiEvRs lLe ms,.lum al lErhaDg9
ci ilsel unyaFYlRg Valaa, ih's im-
plies reigTh ia a spgs % basis, Ghl
% substitute E4niiraR De devised
Il -h"u.l isa unlDEeErSi Au7 nuh
Tcavh.. 81, the eaTllr't practicable
moment eUasls,eht Siih Glir regard
u laIeusis ul arLt oT class lame
d.a,s resumption n practicable"
would No., he lg ,gab,ei Il wup,i
compel lobtaN ta Pay beyond thrir
contracts prrniun ON gold II d"'o
0riltlr purchases, Huh wug.d bring
lauh ruplvy nui rain u thuu,agls
rlucthrliunS Ia paper value oi tie
measure orall value, of gold i det-
Tim,nlil 70 the interest. uf trade --
n makes tho inaa OF business On in
voluntary gambler, frr in 9ll sales
where future psymcn, is % hc made,
both parties speculate - tp what
VIII - the value Of the currency
paid and received:
earnestly recommend lG- YOU,
then, -uoh legislation Us will insure
n gradual return 20 spcCie pay
rncntS, and put MI Immediate stop
20 the fuctUHiiOn in the value 81
currency. The methods 10 secure
tho former Of these rcsul,S nrc rs
numerous rs fVoCulations on rn'iti-
cal ccouumy. TO stcaro the latter
/ | see but one way, nmd that is To
aulhoriz, the Treasury 20 redeem
/ its own paper at fixed price whcn-
ever presented, aud 10 withhold
from circulation all currency 80 re-
deemed until iold again for gold.
/ The vast resources of oar nation.
both developed and undcvolopcd,
ought to mako our credit the best
on earth, with u less hurdcnsomc
itaxat. on than our citizens haze en-
dUrcd for six yoars past.
/ Tho entire public debt could bo
paid in ten years; but it is not dc.
, sirah,e that the pcIplc should hc
taxed to pay it in that time. icnr
| Ly year our ability. to ray Increases
! "a rnnib rn,io. but the burden of
| interest ought to lie reduced rs rap.
. ialv as can be, without violation OF
contract. The ruIlic debt is repre-
spntcd, in 4 great part, by bonds,
having from FIVE 10 twenty and ten
to forty years to FUN, bearing inter
IIcst at the rate Of six and five per
Itcent. respectively. 1t is optional
twith the Government TO pay these
bonds at any period after the least
time mentioned upon their face.
/ The time has already expired when
! = grcatlpar; Of them may be taken
M. sad the date rapidly approach
! iig when all may he. 1t is believed
that all which are now duo may be
replaced by bonds bcaringa rate OF
h,,f nnr ncnt.ond ,hnt ~ the re.
maindcr become due they may be
replaced in the same way. 10 ac-
,n ~ "nttnrirn Interest ia bo maid At
W .;,%"r nr ,brrc or tour Of the
r,,'H ',,o,,a,. ,'",,.rns ~ ~ Isnronc or hv INV
'%g,;sS Ws.;.iant NJ Trcasnrrr Of ,be United
t,~.,' ~ ia o"t;nn Of tl,c boIBrr Of
s,'",T ,I",i!s'J, " Wv, sn,.,,o,t this eul,;ot
r,. s"s H. IS nopsi,lnrni;on Of CorrTres
anj a1,o ,;,nnllancnuslv with this
UNI M =. "'s9 sa,Ioan,in,t our ,.rrrrn. .
inHit ~ ,,,,nstnL ., 4. rnn,l. .rt
y. ,.,,', 49, :" ~ ' 10 t;n,o t,,n Iaw cnns into
,n"SGst - IS2So ~ tLo rnto ~ which
o''.S. .,',,,I'. I"(, ,niI1 r1 ho bnnaht and sold
~ III. ,,,,v ~, v.rn,, to wncl, NJ
,,,.Y'.' 49,, 49,, ,,t ~ ntc,ost oat tho rov.
w. ,.','.', ,,','' ,,',,, '",n r,,nn ~ l,ona.
N;Tj ,5SrI,iict ri. .o,.i}F md intern aI
- w. :, .,.'.i' ~, -. ..1.. Il
~ 20, IA ~, ~. '''''' -, 'o0'', 9"i '''
| .v"s W; ine revenues o. inc co""'
Try are greater than lhe require
inents, and may WIN Sa!S'y % re-
duccl, but AS the i"huI's y! y! thN
debt in four or four ana a nan per
cent. loan would reo"ce inc a"',u"'
current expenses larSe'y mus amer ,
fundinS OF the bones SO Pnrcii'scN WI, l'
the bonds now he'u py 'ne nc ir0aS"ry r0a an3
department amount 10 s'''"oo'ouV,
including those belonging 10 ,he M
sinking fund, l recommend tHaS ~, tne
whole be placed 10 the creo'' oi 'he
smiling lnnu' ....o.ou u,a,o,;on =,
JustiylhS u grea'er ieuuo''on " y
taxation tIlNh woI,u tt w ,"no,,, ',0" un p,
dlent. 1 suggest the po'tioIe'''s'.
OF th,s question "nI,' Inc ,tA' "a a,,;s' ',,U;S-
mg OF Congress- ~ may ~ %u' n,i', 10
ab@ 10 'i'ou'ly 'aA"',on i '',,u ;',-t Wv ,', ~
rm , III instances '" "e'o u"J"'' ". Y.
I In. A N N