The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1872-06-22

Il ID admitted by the advocates Of spe-
cie bora fhat. 70 the extent that the circa
laaing mp2ea smhstitate nuad and silver, il
sMSm Ahmt amoumk 20 The nation. Then
why noe exc2nde gold and silver altogether,
and snFs t1ns Whole Il 10 further admitted
By Elm same clan. tha& the circulating note
not oalv sahu1sfutss chnap for q costly
ilIhtrumsnt Of exchange, bat also . far more
convenient instrument. Then why not
realize the fullest attainable extent Of con-
venience, by dispensing entirely with the
far leas convenient, particularly when that
course superAdds the gain Of Q vastsr cheap
nsasl II is adnitted stia further by the
same class, that the saving in the precious
metals ID probably small, compared with
the saving Of time, which is.effected' by
means Of circulating notes, checks, and
drafts. Then Why not obtain the whole
bsneft and advantage, derivAble frola eh>
ploying these agencies, rather than merely
. part Amid snch multitude Of power
full Inducements, what good reason can be
assigned for clnging to circulating me-
dunn which is more sluggish, more incon-
venient, and mOrc expensive than another
easily to be had! Going for . guide to our
fundamental general principle governing
exchanges Of every description, let it be re-
membered, that Whatever promotes, sus-
taina, and completes them, in the most ra-
pid and useful manner, to q needed extent,
IN necessarily best adapted to secure the
purposes of exchanges The material well
fare Of every country depends very largely
upon the perfect adaptability of its instru-
e -. A.. k.kx. =
ment and the United States being highly
civilized, and advancing with rapid strides
to still nobler attitudes of excellence-in
other words, the SECRETARY circulation being
here rapid, by which is meant rapid pro-
ductiOn, and interchange, and consumption,
OF the diversified products Of labor-then
every dictate of sagacity and every prompt
ing of duty, should incite us, as q political
community, to choose for our use the very
best exchanger Of commodities aild services
which Is within our reach, Just as men, in
the ordinary pursuits Of lifs, are accustOm-
ed to prefer the wagon to the pack horse,
and the steam-caT to the wagon, and the
electric telegraph to the steam-car, when
ever il il reasonable and practicable TO SUBJ
stitute the superior mode for its inferior.
Our predigious and wonderful growth in
material power and strength, during the
past decade, is almost altogether attributa-
bic, we feel convinced, 10 our grsAtty ad
vanced, although not yet perfected, system
of currency, in combination with the
adoption for the tchole country-in the
south, since the close Of the war, AZ well
a. In the North--of the protective prind-
pie in tariff legislation These two power
full instrumentalities Of national prosperity
have inoessantly toiled together in a COM
mon field Of exertion for the accomplish
ment Of cnmmon objects-greater extent Of
the division of labor, greater economy Of
production, greater capacity to support
taxation, greater advance In the civilization
Of the community, and greater security to
our democratic form Of government and to
the liberty Of the people. Side by side,
they have moved forward toward this grand
realization. Now, instead of an attempt
to snstAin and perfect this Fundamentally
Of relation and these auxiliary services, we
have the ignorant and ruinous project of
STRIPPING ons Of these co-opsEakivsagencies
Of it, power effectuaIly to perform its share
o. the Joint work, and te degrade it to the
unnatural position Of mental subjected to
the rule Of it's inferior. 1t should be the
prayer of every patriotic heart that the
scheme may fail-fail utterly, missrably,
ignominiously, irrecoverably. Give to the
country, not another marriage Of paper
money and cOin-a forced combination of
incOmpatibles- their total and perma-
nent divorce