Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1872-01-24
recommend that Congress be menaorialized upon
the subject

THE NATION.
Having thus hurredly adverted to the satisfactory
condition of our State, hope that it may not be re-
garded as improper to notice i'll q brief manner the
condition of the nation.
AT no time has more general prosperity and con
tentment prevailed than now, and no former period
has been marked with an equal degree of progress
| and development
Our foreign affairs are in most satisfactory con-
d1t1on, and our standing abroad was never higher
than at this time. Our financial credit has greatly
improved within the last two years, and our public
/ delt has been constantly diminishing
The revenues have been faithfully collected, and it
Is evident that all the wants of the government moy
be supplied in the still further reduction of the tariff
The cause Of Owl Service Reform is making good
The courage to advise the adopon Of it. The Vg Pres ps
dent has te6om1nendgd universal amnesty, and it is
on his recommendation at an early day.
now % has been constantly improving until
ten per cent, and the time is at hand when the gov
erument should resume specie payments A depreci
ated and uctatin paper currency is curse to any
G9nn,r % ana q a sh9g,a not be tolerated moment
standpoint such currency may be viewed lime of
long it exists, shall be shut from fairly com
peting with those countries which such false
gold producing country earth should continue to
longer utter false promises to pay not oreable 60
The legal tender notes arc promises to pay gold on
ty and fully Justified BY the necessities Of the
hour The danger which led to their issue has passed
and vast the pan duty W Of the eoyern
ment 10 pay its obligations according to the promise
expressed on their face. am well aware that there
class which looks upon return to specie payments
most active and public spirited of in the comn-
nity and the one which is doing the most in develop
with alarm upon any policy which requires them TO
discharge their indebtedness in any currency more
were contracted, which reduces the value of the
dealing with this question the interest Of that large
class should be carefully tonsidefed AS class, their
number and indebtedness is much greater than at the
close of the war and both constantly increasing
Prices controlled by the laws of stppy aud de-
nand, aud by the volume of the circulating medium,
whether that medium be gold paper. 1t is the opn-
% qn ad "f a sSs y % 9n be
portion of he legal tendets do not share in that
cent, without disturbance distress business
and yet our paper currency has not diminished but
cent reed not ad would insure any considerable
contraction of lie aet sifcpaton; and it did
from disturbances of values the business Of the
no ought TO doubt the ability Of the government
to resume at any moment If the government would
destroy its PASTORAL cryency aed pay ont to its cred
itors either gold or legal ehaetsI rs might be de
existing ereepbacks with the exception of the
able nuisance of fractional currency would abated
with small coin. should such prove to be the case
then the only apprehension of contraction would be
ftoiii tie National Banks which might fear demand
The National Bank currency is not. s4sli established
in public confidence, and their circulating
all guaranteed by government securities with an ad-
sued in Massachusetts Kansas or Texas circulate as
readily in Wisconsin as in the neicbborhood where
emitted and they are now so scattered over the entire
country, that it is not likely that they would be col
banf sSe 5 a n2S t pooy Gass and were ee
mutually engaged in desirGsiils bte ttipther.
Gold is only maintained at its prascit premium By
the demand for it fer a specific purpose viz to dis
away nv e9nsidgrabe portion Of tie demand, and
9 ag q gSd snf ag7l gRd9r9 % y T at once nearly
need apprehend danger from res'iutith.
Authority AIT from CONGRESS to collect one-haif the
nsnd for $9oOOOOO0 gold per annum, and would still
leave the Government with its large coin reserve
q position to meet all its engagements, and would so
appreeiate the legel tenders as to make regumpton
safe and gS5y f4f 5 e yo a pegp 1t is
vof 6t the payment of coin for all its debts
tostSt1 fEtFGRAPHf:
The President, in his late annual llhassaes, tcoom-
mended to Congress the adoption of a government
tssgrsPh system ~ fGnassstion with our postal
now W be 81 Sp Of Of
stock obbers 6y whom The teegraph is now 50 isrgeiy
used and whose oceupation would be gene if it was
of all. Though the telegraph is an American inven-
siic Is make it certain that undcr equally favor
able Cirttmstduce9 it woud be used here morercely
fnfJ n 9 ANY Glhaf @ es @ a o at b 69 b Is
telegraph s used little 10y the t,ssats a5 Ia the
messses family matters F While IL in IN
this country the same class Of messages scarcely
is TO be about the last enlightened country, to
the tuII heneht OF that wonderful Invention.
meut of the telegraphic business of the country
bfsea I DH fPrSf % Sd n largely increase the
tronage of the government and the Concentration of
I'd That viii place ali the social and business
cres of the public in the possession of the govern
81. The great expense that the adoption of the
All these OBJ bleotlorTa my dpniod, are grouhdl ess
The Couuuction of the wires with the ostotces will
not add to the number OF postslasters 1t is true,
that Ot1ceS, the pOStDaStefS would be com
peied to employ one or more operators to assist
guration of The system of Civil Service Reform,
round % pf their fitness alone sitbenf ] to their
political piFiGnsi arg they VII ey be ren9yed fol
operators. ard are found to he very oeHable and
pert in the discharge of their duties If the system
ofem ui "Fe I nbft sd q b| women omen 20 20
regret to branch of government employment
open to them which they can fill with advantage to
That the social and business secrets of the public
would be in the possession of government officials is
in the possession of some: ody better that
they should be in the possession of persons controlled
without law % and virtually wholly Irresponsible One
70 ] 6e nub
palh tof rebtess of gtiev antes' With any hope OF
success The expense attendant bi Tho adoption of
tue sys tenn; has been Greatly exaggerated Better
that the e&ising ines can be built ior not to exceed
| try are controlled by one company, which, having
w'sraf II ff 5sa a 5 5 e i @edeG by
stood that ma orty of the stock is held b oe man
er of transmitting teiegraphic Intelligence in the
hands of one man, and he is the largest monopoiist
a IN tine Gan worse OF power
Less than one year as o, the stock of that company
worth in the stock market less than 33 per cent.
on its watered capital, which its full value
at moro than double that sum in no way represent
its true value. but simply intention to nrosc upon
tie tie es Il s buy exs s1
lines their fair cost 1t should proceed at orce to
huIi lines nj 10 JO
reached by the telegraph, could be erected for
nes Tst @ faised w five per cent B Bonds
would involve an arlna etpehse for int crest. of $500
thcsystem uniform tariff of % cents for 70 words,
Tbs GoteriIiient has given upwards of $6) 900 900
to Pacific ratoad o inyolyng an annual expense for for
1t who now cry out against the eattaSaganee of the
postal telegraph.
for the benefit of the whole peeple virtually costing
the government nothing while the other was for the
benefit of comparative few, and imposed heavy an
nual burden upon the people
fully Justihes the statement that the system here
would b. self-sustaiuing Republican Switzerland
was the first country to adopt it. and t. % result is
be sent to part of the country, and yet at that
low rate the system is not only selsustaining, but
source of revenue to the government. The same
may be said of Belgium. Even cold and sparsely
settled Norway and Sweden in advance of us
there, for cents, dispatch of twent,
words may be sent to any place in those countries
Great Britain the last European country to
ADOPT the system which she did @ in February 1i9i
opposition from the telegraph companies. The
result has than justified the predictions of The
most sangune friends of the measure. That govern
ment has the most perfect teiegraphIc system
the world At uniform rate, prepaid by stamps o
shilling for twenty words the business has more
than doubled; it has paid all expenses, and returnet
a large revenue to the government so that reduc
tion of tariff to siXpence for twenty words IS promised
at early day In Australia, country vast in exten
aud very sparsely peopied, this system has bee'
adopted and is elt,Srstaiuipg, and at uniform rat
of one shilling dispatches of twentS words, may b.
sent from extreme of the country to another.
Relieving that this will largely add to tn
material interests of the. coutry promote husines
aud friendly intercourse, an d bind the Union tC
getber in intimate and friendly relations an
that the people desire it, aud. satisfied as am tina
the telegraph will only be reliable institution an
brought within the reach of the in the hand
of the government, recommend that YOU memorial
i5e Congress in favor of the recommendation of tn
: : President.
have thus brought to your attention, such matter
= as [ regard important to the welfare OF tn
e state. Tho people expect of you rigid economy i
expenditures and that all public officers be held
a strict accountability.
With grateful hearts to the Divine Ruler of tn
: world for all the blessings enjoy, and firm TT
= lance on Him for guidance and support, let u
proceed to discharge the duties imposed upon us
the constitution and laws. =
CADWALLARER G. WASHBURN