, 1869-11-18
TIE E'tc~thcnt'a Financial I'0ltcY-
Resumption Of *pcctc E'nysnrnt.,
Harrington tAvr. ~ ifstMseh IA the Neg fuFi


ltrsunrtioia Of *pcesc E'nysnrs,t.
Harrington tNvr. Il, ir.1n.ea 70 the xex ru,k
iirratt.
Ia un!sefatood that ~ o1sc Of the points OF tho
totthcat!t1nK tncst EXC .! the President In rcAtan
Congress tiu tic8raluItt} vi adopting sucA utcas.
urrf n will insnsp speedy Resumption of specie
PAL nents. a ha1 previously ren ttate,t In thcSc
trltchca, fhr financial 1Irsttun will Er tnc Irat1.
lux feature Ut the rErrlri's suggestions 10 Ctn-
Rrrsk Ills theory Of .eaitDR wth lite xrrat nf,atl.
sls luft!cN nun wrIIhpR ut'ou thr puycrnncnt
n alIn1ie aud cotn1Echrnsltp, Aus3 II catrf p1t
~ ~lsc lfg1Aasion, Jcar henrc wilt ~:tur.s
tir rFact1rAl nrrnlmn IF the systcI, g1vtuR the
dtlti moro roEnl taniB md the biustEies Of the
t"utaF frtlrrcd IRON tilt uncertainties au,l II uc-
tHntnIA htch Rrr r.Iut uttHualIy 1T sttU,tuE yAuu
The lrcslden!. kiHcc tls 1aauK.rAt1ut without tho
nt' u! t"ngrrrs. has IN nla-tcrl. manner Eru,1fht
the titht vi The Ea'lon lhtu murc successful
Nlanagt MrtiI shsn cteF tEture; aud II tuuRecss
fhnWs hut frnrt1Un of the farcstpht Df thr Xxx.
crus!sc y" nay cxNct rscn HItn:rr results, Tic
thrcc principles Oh whlch thu frualleut begun bIs
nanaRFrIeht os the finances 1T the government
were &hr rnll'cin nf al lhe ffycnncs or. At lcnsi
~ much nt It a" "f1r1hl tntrsr1Et nbh t'nlricnrJ
could collect: tn reduce the expenses of thr voY.
e1''t n. nut IL ilqultxtr shc tirIi " rnp.ly Al
ts.e'Hlr entse'lnens fsFhfs *hnw thnt III cath Of
thrsr rsrat!na rtIrs Vt s nnRnrta1 lt,.tTatton
sr has succeeded admiralty, lit! iu sot1,. ca.cn a.
hc m. sa'd hsEtEclf c, 0bi his no+t ha1xu1nc r&-
t*ciaiione: Tho rrscnuo daily brings IN enormous
t'y Iulltnn, and tho dctt hAa .scn REDUCED s.t-
t4H'.'HH 1n r1rr4s OF thr nn,uunt au,h r,xe,i ~
1ahUstek What u cFaHGnt1y hrAIsci fy tnr tsrcsi-
1elt u 10 allow tnr present tAx Till tn rcnia!n
nntoochsH1. In nrlrr that ny u Continuance Ut
tho rrrNc1t tasRr rtyenuc thc tirht can t,e 10
ti!sfossu u! n to Afiorl \ iAnx,,,c riadlt-
cation A. ,chr hence. Abo,l t1,Ecn rrack.
htAll'rd tot Crtssinrn. whn hFn M~ny4 frn.lt to
in'ssnTtaac &hs snaclst& by lhct financial ab,tti,.
tltH. MT untrftItk'i III tAyr NJ rA!i,n! H4Anr aI
IrprosI.t0bk with which to l~se tho hcnA'hln rlAu
~ ConRErxA Tho 1IrslIcnl4 s!rx to .ils<otlutce.
ALICE hlI 1nanclA tIIAtt:ng Will Ho,.s.sso.a inert
with Ihr hearty Arrs4Ft 1T t+nKrtaa, An.t, IT tho
rrorrr Tine, w!ll aursr.t such Erlartua of LAX.
Alon ~ Nul lo III actusi Ftt!rf 10 tho people.
II II n'so Cndcfatoo41 that the fundtnG Ut tho
national deat II = toNrF rate al tatrsrat ID
faSnlifc ntasure win The l.rra1aeuE, and
he vii 10 rxprr1b himself 10 Congtesa. Tho
su1lett OF slrctc Payments he hAA Of late
bctn ecnhthrfIpG. lie consldern that tho
fIctnAliona Ut gold ahonld he stoned
Al the carl,est moment, and ,nas tho most difcci
and exrca!ttous m1nnrr In which to aeeomrltst
that dtAlrahe result vii! ia to b1OE the currency
nr to la. This Will break up tho .tlatous opef
nttona OF gold Rntnh.cfx. Ana aaso tue tndu.s.a
Interests Of the country fsDn The runouh cou*e
1ucEres nt circulating medium, Anecre.i NJ CON
t1uat'ona OF uoprtuciE&el nltu. TnIa ail, there
fore. Constitute the Frcsl1e1tB next move IN hl
financial policy. The manner OF etect,ng this Oh
tect he has not as yei determined. lie may l-ay,
tho entire matter to Congress, suggesting merely
that some action bc 1a1en gistng him the neces
Baty FoHcEn to act