, 1869-01-04
TIE DIFFICULTIES OF REsUMpr1ou


ile ! a11 problem o, specie rc:um mp,ion
eosi'nuss TO gross The Gt.cn.ion Of
tAii klre nien Z / all classes and occuna-
'leas, All ii there is ssic:y in multitude
ol codns. Afrs, the gus sion Is cer:ainly in
safe Aar.'s. We hAye ws.chcd The co:r.c
e' 'he oi'snssion alth close at'e..;7n atd
eeep III IT'S, ard hsve kept eur readers
we'll atvistd Il lis progress. One writer
Genes frrsard wi..la srht M IN wh;ct,
fe hiss eogila cd tcr men BIS, which DC
presents TO she public with en,ite confi-
cetce 'has he has found the irlt saIution
~ lht difficulty. aa1 s'r.'chtxay arotncr
NF1'er d.nnlishts it WITH r.mo,se,esa
c11'lc1sn, ant, IN turn, has his own ia
'oll't ia. pune u1.o and exploded and
SO Inc controversy progresses, until the
lnultlEtc1-ons tlsputan,s and their lis
'cnefs Almost despair Of ever finding
satisfactory solui n of ll,c question,
Aesr'y all thcst who have sook:n or
written On this SUBJECT bc:om. en,ancled
aHd bresk down bsclusc they tsil to en-
brace all the essential conditions o. the
PROBLEM. They plan ard argue from
SIMPLE point Of view, ani
omit other Equally vital matters which
must be 'nelrded in any plan of resump-
ton which the public can accept.
There arc four guat interests which
must Ee c2Lsulted, and it is oDly thst
nltn which shall incluee them All
ths-t can be adopttd by the National
Legislature. Ths Sc are:
lsf. IEc government.
o:. The ba1Ls.
81. The Creditors.
4:h. Tic debtors.
He eGvernme1t has outstanding
$45Y,u00,O00 ct d.manl 70 c., in the form
OF green5atks, fraction .ts and three per
Cent ccr'lfta:cs, Il hica are m.de "laBtjR
hi nty hy statutory enactment. But
this isT!nl money is not redeemed; it is
net Convertible IN coin or bonds; it
ncars 70 inlsr.st. Hence, it is Of uncer-
tsln, Aac:uatirg value. II Was w5r:h
s'x'y-.hree psr cent lately. Il is worth
stStIty-ltlrtc per cent h>-dsy, aud msy
re seytn13 five or seventy te-morraw,
sud year hence be down fifty or six
I'sT cent. Its r.lation to gold, which is
TIC measure CT STANDARD vi all values
.hro, oto,r TIN .-,.i, =:
;n- .,,,,3 aas "o' s, - 'le'e1 cuit9-
..-er =. ,,.,,- iea4 1o1
NJ. ~, -. 49, ~ ~ q t'n.e
r.rcr san nu, M, IN ~ .oual oanh cur"
~ - $500 ~. ~ 49,, - !esesna'
t;ons, nc,,. 49, ~ uep1.sAa4ea hs-
ro,ae aas -" " eoutse 'oess oanh
power or stability than the medium iu
f,,,r,,,a,e n [s1no ;r,s, ',',,s. a.u. Ivy
ornr,1,. .s ~ .s,;.a.1 o - .a'n. a." a. Aie
Tto1 70 49, ~, a-s.t
rh;cb ~: ra- ,ta 49, W. e'A'
,r,,l;,. Tta,. h.,-e 49,
n.,,o cv,,r,o,. ;,,rx:s..1,a .''o 0oo
roarc ~ a.. ,,,,;. - 49, ~ Ss'eA
7,rr,,. ,,1;c,~.'st,,,. 'o'se
mon. rr,,. 'A ~ tuc so'ern'
e,r1s =. ,,slI;a.s - Ie,,a- eeu1.o1e t,ou'
,he susr, os,s,. !. ~ ~, res muen ~
h,,t ct-,a,nIn '. ~ SIN ~
th,. n.,,;ennI ~, -. ss@'e1 'aau
S..,o a,1,,r .n.,1,;H., 0' ,, t"e
t,wt 1lc na,iona, nr,va,a an, .a.,ls:. .ns.
hanks mt ,ess1han s. eofl ann I'M 80 ,h;s
sum IL n1o,uh1r m, a 1h,ra -, ,,o;. ta.a1
5,deb.td1ess 7; ~. ail, ,ba no,;.;os -
irsurancc that arr issn.d hv it, fi.e .r,t
marine co,nnan,es W., can toIv dor,,,a ~
IN, ert,utta ,na bor, o-ond ~
of s;v or soren b,jt;ore nt !. .,r,,a;soa ~
narn n,w o,,te,o1d;n, o.,a,, H., .aa.,o
I,.t an,ono c.ro,,,l,,7 ..0ret H.
cun,s -1,roeoot,d - H.. ,ha a,,;s..
c,n,,sc,nrs of al, b 80 ~ ,.a..- ~ ~
-aa1 a,.o,a of ,;a,n -. ~
,,h.r -, 1ts 1ua
ond e,,,a !, oo,,r.r =, = H.
,s;j,rs ~ .ho,,,.a,<',. ss', y. 49, t1oa4 1s
~ r.,.,1. >. - a,..'rn d,o1.,: ~
cow, ;,,cr ,,,r..:, AA0 'a1 i.
t,,a ,,,,v., ;ra',s,..,s., 49,, oo w olsa VI
~ ,be ~ ao,,ra a-,o,s.;.;r ~ s n.au. m".uns
~ Ao'"e1
,,,a., 49, p~op'e VI e's 'Ace u
~
ca =. 'ue9e ueo'7 A4'E oeea
o4 - . nae e-oas'ue' oepaeetA'eo cut"
isre'hs ~ Value 'fonl s'3'y'nVe Il
tniee' a1u averaging aoou
e'su'5 lei een'' LUZ oep1e1s nsss
iis A'ls.u =. u pay 1neil cleoitois1 III law'n
Asohes' anu lucy hs'e !nSt1eca !a"iu
ue.es ssaue if'a' loeu. Nne1c 70
~ sl'ooo mas neeh gwen 'oe mex: b.:
aeceisst! properly WORN nut SG5o t:
s'eo' a-o tAPects 10 mshe payment
Hhe A"'.'ao1 "'tn in:eres'- IN ,oihe
"''us' Tue ef-"t'sis hsse given tbetl
ueo''ls c'ns1te1s1ucp' as mtasar1d "
luz soie s'a.asfo' o' on'y t"e-'h'Ios
"ha' ''ie ool's Al'hns nonl1nsHy eau III
ahs sf1' iie VI fesu'np''on "A'eh sha'
"'8Ae 'ae n'.es ., sce;'o's "of'a on