, 1870-01-21
AMERICAN FINANCRS.
4 Foreign Criticism on President
GFnnt and Sccrel1hry Boutwell,.

From tie Laxdon Economist.
Orc has otiT 10 rad General GtaEt:s mcsaaae
aad ne g. Of rs fn Nh
whatever con pe-easi0ns there nat he--or ana
teur government We haze lo wish to speak dts-
stof. On tnt een,rsrs. GeEera Gests and Nj.
Boutwell, are both e5tt;ed TO 20 Little credit l11
hs1 fney have dcue IN 1uance--sos 1dellty Ia
collecting reveEre E0rhus economy and retEeacn.
neIs IN exFeldlturE, 2td other nea,uree, wntcn,
l. few uonfnF. have iif'ed their couEtrg OFT Of
the sloaga Ct tisc1e1it Ito which 1t had fale1
Hat It 10 p'A.p, nevertheless. sa8: they do Eot
fuow rnetr business a. the rulers Of Civilized
State ousn: 10 know It. We have ra'el7 seea more
ss u poc Il Ise
two docpme'ts which cortatn tce n1st formal ex.
PCS; hon Of their vle*s- Wild the bert intentions
"a cieds sosoaa M irom iaeteasns II" :.
I, ouebr, By cestso9Ecg all fnt.n IN tie kno~lGdxe
erd dlfees1ment Of those who have charge Of the
c,sn, % os,rf to sha 1ner1esn @ wait Of % orsaaiza. @
ton for thororHh political AID dta1ctA di5-
s1sa aS;ss opsif s1azs e { ss:I raawp s i
ttla corntiI-shs Neg ToEk ssnaneiat casont
seIe- ciapla5a Capacity aod AnoTlsdee 9 tor prae-
ce1ed>; tnt the sbsepee OF home criticism furnish
Is ali the HoEo reason why friendly f0re Ga
OPINION Should 30 BROUGHT TO beas on American
r1cux al policy. Credit abroad Il confe<sedly
v5t1l object OF that po 'cy, a. We 20 the Auartc1u
government sefr.cc b. a1sE1rg the hind
pe L po;s popo. r;s es oi
Enat The Treasury ID order to secare sEadusa r.
:r1n TO rrt Gle p45 GeDS. Should 10 autnot:zsd TO
tr'n5rr ] eSpses.ed by Ms. u.ss'l-waase 'aS, oTu
at Se eapsaacJeat eaosys4 Is ra.eoa .iee sor
our m as;cni.nnsrt It #. Ii whasese7 waJ aa5 q:
aIAcser ri the Arer.c,rs arc to return to
ep<c;e psymekts. the lue1ped!ency ot the propo1ed
Sep IL extreme It wou'd aIo1at, 70 f4e., 70
vtlnt;lry Appraiser EFT Of IL o:cfs.s b5 tue
E0FtfGNRnt q
Of the United stAses, Il nus beeu r-aae unequal
is iSa H1fe' T. y t' Is dced fea &c co.
tsnHent no* pnya Il NJ .4nxed pllre" ~1ea
= u bonc1 70 ktep IT eG1sl 70 Hotl. 4 III nnpr
b. prod tcS - Us orr n'3sconduct That Is har1y
what uAEoc Ike the Eai:ea :sses, azplckE to
uut p'ae auo: 6 tao+e .ho ho2e+sy pay tae'r
ste Tfao een % 19gf '1e 9 so3g
cILntnt Tor carce;itps ,.s dess-snas or ustcs tae
eert III 10 10 bey ~ Il IDS nas.e1 p.1ee tse o5sa
tots y h.ch lad recrEf dtcr-cla'cd hT The uon-
pesne.t q thas ioIettt1 Ne coEles4 e -
tierde- O1e Of tee Strongest arguments Of tho
fnil1eead.aIeHs, whose 0i.ttaca ~ shaEei aod
tecsoie It m. raerely g1vi;g ihe Eo.:ed ssa'fs'
1rcl;or 90 i.%tton Of tee government ID plsee
4, .: Ole sttd d Il Cnrei So e., ob;:s1uol - ne
-olld rot treat The b:Eds He dues no<, It ts
tr[f, ptop6et 10 fuff DtEGT E3Es AYE kueiu n0t W
eNfr G:n.I.C. trttE ito n Vlh. II expFe3ss,d IN
the tbl sst'oa, ED Inls Ras the essecce OF the
11e.ee H. the psrpoeaI Iesl.d2az The oo: "a. We
cau oc1y tuP7o.e 1hst TIE President Il t1e nc IN
Of the fa..2c:es which ere psotuc=d bT fht
technical terms OF "papefr 0lt "cu:ttGcy.H
s1d has cvefiotsec tbs TACT 1asr .1e g,7c.nneat
Il 1e-font!hte AZ ceot ! for the f.I no1iasi
TA.Ee o. 1ne Ert e. oacks. j IL no aLsErt 10 ks7
that erery gnvesr aen. reaeeus t. o q tecaI!ie1
AZ lie Mafket .ee. S1-t Ttpte4e. t2'iou ID fr!a-
ictdn T. No .u.vept government W71la eser Ea7a
the opo91t-Etts win secElttes which a.c d1c acd
ptyAG:e. Th8 docuH. Eta wouc b. rIa4e1!sAl atd
p:'d Al its tTras1ry 10, ttelr crn!aaf rhre. "nA
regard 20 feeuftle4 nes dee wners t:e:e Il o1lJ
81. tcasa'ien 10 par TIC interest," So1ern1en: y
u t,dt1ear Position. It ua7 vel u-7 :he1 4,
tfe b:ttt tTlcs II below pa--su s1E etse TEoss
dcIi:,tl Acrau:asr- III, EIctp ,r tie c1s:5
G--~ru e-s rhseh y.a.s ~ it Sic 7:iaAs q: f-:i
prset' rai.Eat t.ecis ths ea1f.s; ~ 1fphssa:o7.
w. Bou I.1:, g. re have tla'.'d- t-e-=;aes 90
P1ior + h!ct eo..rst.et- Geo Gsarss i.a he
.c1Cte OCT TIA. tct 6credu Of inc TnEfrA- &C: u
ncc II sse ap:es et De: te'A:o1. We hose t7N
RE -n-ter hax OILY b. co1..doted Il coca LIZ
pfe*t1t e7Ee1.n lnt to 1cSIdtatt - eaTte!tf ell
1tto Of le.t eInlrz lis pso' exEets ,: pa1:a n
Il H. ~ ta4 .teeflc q p1f.I., saa BOGUS IL pss-f
.ss ltse fcypd's'e1.
Tsetecatd e1sos &c cosca Il coccsree1 F!.c
AE Eoast II , o<n as:.oos o! hog sas car ftr oy
i 70 &c apF.eci--Gd I1t:eA1 OF z.sEtfnR atm!5
lie po:io1 teRt the tskeaoe of sp} ueisEsr must