The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1869-01-12


b.e, and s. paving - much 81 the ns.
iioual debt. aud il Ell IL OUTLAWS Gov.
crnmeat should go on issuing nnhl
money eheapened down 70 thai rate.
and the reaching n that iaie would be
/ the proof q satieieney q the valaina
q currency And a. that Volume aud
rate, this new monpy should bc nam
tanned Bat how Government sold
also prepare new bonds bearing inter.
esi st The rate ot three por cent When
any portion q Tie money cannot easily
get three Per cent il tho business market
it immediately seeks Investment 10 the
three per cent bonds, On The other
baud, when tho certificates are wanted
al little moro than lhrce per cent in
business tho bonds arc sold back to
the Government; the volume j. thus
contracted aud expanded exactly 10 suit
the needs u the country, BY the law Of
supply aud demand
The great objection With which this
radically new scheme viii be met, Is the
unavoidable arrangement u an bnsi
ness relations The creditor class
would bo terrible suflarera Rents,
prices Of commodities, contracts. for.
eign exchange al things would bo
thrown into worse than Babel conius
ION for a time. Still tho scheme is wen
worth pondoingi aud Il will, 40 doubt.
gam q wide hearing. and produce pro.
founder impression than anything hilh-
erto heard on the subject Of hnaneo-
The objection above mentioned az !
conceive, lies against she gulf which
wocll have TO ne passed to get from tho
old monetary system TO the new, and
not against the new system itself His
land views are unassailable on any
ground
oorrEeisu cLERRs MpulgIS0 FRESH Horfs.
A report no knowing whence start
ed that Gen Grant is in favor Of re-
tanning all needed Government employ
eos, without regard TO their politics,
who have proved themselves efficient,
&c., has ELECTED the special attention Of
the many opponents Of his election in
the Departments, and kindled their
hopes anew They all think Jcnckes'
Civil Service Bill mastery stroke Of
craftsmanship
FBEsH FROM RlnrpoM
Major Frank A. Bettis, one Of the al.
torneys Of the Union Pacific railroad,
who resides in this city, has just re-
turned from professional trip South,
and Southwest as far as Texas Tho
Major is a favorable specimen Of tho
Western man intelligent, energetic,
direct, sharp-sghted, Judge Of human
nature, and Radical Republican.
During the war, be marched, aud jour
neyed on government business, through
great portion of the South. The
South is therefore no new Geld Of ob-
seryation with him. ! was very glad
Of an opportunity 81 talking with him,
feeling much reliance upon his impres-
si0us.
Judging from his observations, es-
pecially IN Mississippi, be would say
the rebellion was still going on in the
South. lie saw several military COM
panies dressed ia rebel uniform, whoS
il was well understood, operated as Ku
Kluxes at night Stopping at hotel
on the line Of tho NJ & G, II. r., when
he happened to be the only guest, no
talked plainly with some loaiors IN the
bar-room, wko made set 81 him as
Northern man The mildest OF the
talk ho thought Of such character as
might be heard between parties to u
flag Of truce IN time Of war Concern
ing the negro, they were all certain
that be would 90 With the Southern
man in everything. and shared his la
tired Tor the Yankee. At the table, the
Major and negro waiter being alone
together, the latter, who, il appeared,
had been listener to the baF-room
talk, burst out IN the fullness of his
heart with
"Golly, maasa. neber heard any ono
tall 10 dose rebel folloa a. you did
GolIy, told DC cullud folks how yon
gib i 10 ON. Don't you bliove 'em
bout do eullud folks. Dase wid you,
daso for youj and da shan't nobody
hunt you in dis sbere town De cullud
folk da pertend dat do don't like 10
Yankees, because da Ku- Klax comes 10
dere house eboiy few nights dressed
Ike dead folk and SOY da hain't bad no
water ainco 10 battle Of Shiloh, but by
il dats SO lse mighty sorry ior deEe
ah.skey barrel I" 10
Too things were shown here On tic
negros testimony tho intimidation q
Union whites, andthe bypocritizing tho
blacks as ia slavery
The Meior iell 10 zilA IA army ae
quaintanec, living iH = little town ia tl4s
interior Of Mississippi. who. IN reply 70