Lexington weekly intelligencer. (Lexington, Mo.) 1871-1887, 1873-12-10

IOvccexprhusIurts VI Bt1s0us,vOSs ID
lit Ia a55kprD a.sin that ulb favafab
. pxhi6Iokiit 10 sl.owts fOis flie t,resr,
fiscal ven. Indeed, II istefy dodb
n,l whether, cxcept with great ccol
. UNy u, the part Uf congsrss u. NAL
linz AnproprlAitons, aifd the saif
ecoMNIny III administration, rcveAu,
| will asnt fall short OF needing tho n,
InMal expenses, Including Me imtercl
oh tho public debt, Nj
i acoKnMtcAh suaoHaTfoEs.
| cun,.neMh To congress sAnl. econt
my and point aAt Two roNfees Mhe,
h seems to mn II might coisHenn,
to.wtls M Tho approximations II
lpNAlte bNte4lhgs IN The many ellie
lMheve WofSsl,As Apl beeN tontMiehce,
| n the appropriations fSf river an
hAibor improvements III, thase locA
tiles where the improvements Ara d
but little lesiuii kth sehelai Gbnihi ne
land fafiitiGatioNs. fhsie In 4 stil
MosA hNt,Ml soaree Ut exienxi,Nr
whiehl win point nut iatee III ,hi
nlessat,A lrefef ~ the esss Me,hH,
lNt Mapafartarisiss elAisAs HF iosses ",
iS,tYYea III tAa lAtN lcbelliSh, .r
TMH MANIC ANO iYs hKssoNR
faM \, NNaNcs have MAte,ia,ls fa,i
IN M 10, the last i've MoMths OF Nh
Nl,seNt nseal MAN from what thHN
Mere SNBrrtS,i W NS,,NAte, HWiNa h
.wS,SS ~, SSs,S Ss,,Ss,SSs,sS S s'@SSt @ ,SS SfsS fms,sSs
E%f Srp.efASNr lAsh Inv mn sH'et y
thts HisAstH,h MIt sASMia MT bff,Se
SSSsstN@ ~ MisSNis'N, n NNt ~ ba ,leAM
hNsslAteA, IN WI hNrSSNht II II ASN,
AM,y ~ AeSA tho sNssaN aMa SYSvt,,N
hN WISE AMI wyil SN,NsiAals,A lSssfsfA
,sNN ~ taN IA n lfNs IN yaNE &SaW,si
NSatMst Ns .fSNMySNNFcsN NMN t@ tAEt
ailVaNtaYN ~ All tS& NHNN4t that MAN
kavN aserMet', My AVN iNsIsNAeNt |,
that, hNMSNNr MMS.M iAtatVtNAAss MAN
have sMNNsySs, HAa lS,MyS StVh hSS hsSi
taken tNwayA sAaeta iNAyMigAtsi thA,
We SAN MeySr have fItMlafeMt ryNs-
pNNtty MAth AN eMtfy& NeW Sasis II
yeAyNeNs, &Ml Y slerta Nasis caNNSt he
yeaehSA awd MatA,AtNeA Nsta sNp eN-
peyts, eNelNsivN VI a"S,', PaN tar eNy
llnraNtS, t&e iN,rSest 0MN all(eA AMI
N&NcF eNneMAttWyes so heavN "a tQ
leave No anhrSeiaAse aNS WNWSa,tan al
,hosa Meta;s ia the eauMtyy fyam tis
tFNuAets Mew MlNes, iM~sNr,HN-
me"t w M'"NS ", f'nNN,"S MN'Hts
velon,ueiIt Of thsin E,r wears To- son, a
are nra,iiyins i'm ,he exire,ne. hui. il
one,haif ,he |oii extracted trnm ike
mines could be relainea Al homo ouy
advance toward specip payMen,s
would he rapid, To incrsase eur en-
in tsau I'll ,he ,uJus,rics of ,hs comm
,rv Iou M, ,Iov.1 M Without his ms,iom.
~ a. w,,si aS Individual hsnkrnnicy
~" NM, " smsm. MN ITmIue iufl.tion on the
% ",S'cr hnmd while il might miye tom
morarv li r,,liec would only head to- nm
irN.,ion or nr;crs ami Inc imuos,i.
h;ii,x nj c,nne,Ina in our own mar
ke,s for the products of home skill
and labor. and repeated renewals OF
su,h eynerieuces. Elasticity to our
medium. therefore. and
lust enough of it to transact the le-
Ultimate business of tie country aud
TO keen all industries cmplovcd is
what is most desired. The exact me-
.lium is specie, The recognized mc,'i-
I,m of exchange the world over. That
obtained. we Shall have currency of
M exact degree of elasticity.
E,NANcIAI, REMEDIEs.
I,..,;,;,x ~ ,ur 80, no,n ,,.1-'s SsSsto,,
~, ~: H., =, III. ,;,n,, ,;rs,
ny, r., - 'ne .;,a., Ill :" ,rorn,;,;nunf, r ,ns
~ ia' "s ". pvSso' y, go" .n'i n,h.r sna-
".o '';a y, ~ ] ]aua.,,,a,;n" ~" % nrevrn, The
,ats.r - seems 10 me that one rrrat
TOW wo,,l,I he t.ken hy nrohiltitiuy
,hn ,a,;ou,, hanks from payinD ;ntrr.
eSt an 1lcnosits nv roo1,iri,Iy thcm To
hold their reserves in their own
vn,,lts and by forcing them into re.
9 sn,nnt;on tboug,,Jit wonld hc ouiv
IN Inn.I. .tnrder nntes For this nur.
noso would suggest the establish
mcnt Of clcar,nu-houscs for yonr con-
sidnro,iou, no secure the rnrmrr
r',n,. n,,ns b,vn bner Snyucs,oJ
,,"a; ~ YuL;,.h inni. IN m. liz -
,;o" ' om W. thn nnn hand or cnp,raIi;nr %
"" ,i,n n,,vorn,nnmt ~" @ om ,hn =, ,t,,r ~ ,,a..
;ne ;,.s, go .,;,hnmt t",rrSn,,'i;, M m. "i ~ pa.
g. ,.',., ,ha s',.,,t,,. r,,'.t, az.
n,,,r,. nv uo" d,r;,, ,ha soas ""us ~ Da W,
;o"i., .i'.,,;, ,,',, I % "nv"
=, o.n., :" ',,:.inp @ ip,o. .ui suo''..
y: AZ ~ R.,,,,,. ""' ,n;.,ht nnt h "me.meI 'I.,s
the secretary of the tren:.
ury to Issue at any time 70 uatiouol
banks of issue any amount of
their notes below fixed per-
ccntage of their issue, say 40 per
cent, upon the banks dcpositin.
with the treasurer of the Uniied
States an amount of government,
honS!s equal to the amount of notes
demanded, the bnnks to forfeit To the
say 4 per cent. on tho
interest accruimg on the bonds
pledged, during the time they remain
with the treasury rs security for the
increased circulation, the bonds so
pledged to be redccmablc by the
banks at their pleasure, either in
whole or in part, by returning their
own bills tor cancellation TO an
amount equal to the face of the bonds
withdrawn. lwould further suggest
for your consideration the proprlrty
of authorizing the rational bauks to
diminish their st@Htilng issue at
pleasure by returning for cancellation
their own bills, ana withdrawing so
many United States bonds us arc
pledged for the bills return.
THE CONTRACTION OF THE cuRREN-
cY.
D,r;,a tho last f,ur vc.rs ,bo c,r
,,,,n,' has hnon @ ncnn,ra.tsd ,,;ran,,,. ~ H.,
=, ~ H. o ,,.,....
t;ica,as sro,nno,nl. interest no,cs and
government bonds outstandin! on
the 4th OF March, 1869, all OF which
took the place OF le@ai-tehdcrs IN the
bank reserves, to the extent OF S63, >