The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1873-10-10

mnH-
yg The wa, 10 resume Is 20 resume .
B"N LIT Congress assemble ani re-
prai ihc legal TENDER act, whi,n, nnd'
ANY circumstances. ~ mol good 10 inN
Aau ;hsn i't the country DO appfise,.
that on 4 certain day, genuine money
viii slipe-scdc the rt- aud paper sun
that Nr have been IN .king uciivNe
money Tor IN. past ten years lhc
operation OF resumption wili, unici
those conditions, be no more burdens
some than the transition from the "crop
moving" season ~ 30 money paying
season. Is viii be no more salien o.
disastrous 10 ehsnge from the worthless
enrrepcy Oh to-day than II WAS 10 change
from tie worthless and confused cur-
rcncy OF 1850, q the National currency.
Ii specie payments nd been resumed IN
1850. as might very well have been, the
present disastrous crash would never
have been brought about. Why? sim
ply because the legitimate currency vi
the country would not have beeu a mat
ter OF barter like r.,a;oes Or cotton.
Gold a.s. rceD IN article of commercial
gambling. and in that condition it, rep
resentaiivc u I'm constant danger OF dis-
astrous imitation or Sea city. Ii mrh
were forced u make l00 cents the blsis
OF business, H. trading aud specializing.
the prices Of necessary articles would b.
by no means high or uncertain. Tie
currencr dollar j. worth from eighty -
%eighty-iyc cents. anl callin. ta,t 4 ipi-
lar il simply cheating outright. Dtli-
Ing with this deprecated stuff the
country has become drmOrllizcsl, aud
nothing Will bring il To sound sense,
but the actual reality Of money. The
ples for further inf iInation is no more
intelligent than the demlnl for a re-
tnrn 10 the old fashioned methods
Of barter would be. Doubtless. with
wheat. corn and hides rs media Of trade.
there would be less OF the uncertain
ties Of traie as carried on now. Tlcsea ar
ticles would NJ least represent A real
value. bSsed upon the law of supply aud
demand. II is the lesson Of history thu
no country can hold TO m arbitrary cur
rencv France tried. aud came 10 the
verge OF bankruptcy. England hs the
same story 10 tell. Every business mtn
who dops not let the present panic Oh
scnrc his judgment will attest that the
only SAFE method is the sound one. Sup.
pose o. 80 on with m ~ipillteh currrn
cv tomorrow. Precisely the slina Ain-
ger that we are now working through
threatcns go sonn a the gimblers have
recovered breath. II j. better bv 4 bold.
and. ii necessary. co-tv stroke Ia come
90 y sure Foundation than continue ~
the present dlngeIOns course. ~ pre-
sent The great money ceniers lre iealin.
IN s'ill more dangerous f%ic;ions. The
certificates which pass current rrr but
shadows OF The Shades Of e%xnansiOn
and they also serve to dpmoralize bu.i-
ness. These serve not only TO hold
gold and silver out OF sight. but abso.
lntelv encourage the locking up 81
grcenhacks. for so long n the banks
NAV deal in this stuff they have no Oh.
iect Nv returning cveu 10 the drpreciate1
%currencv. in lien Of which this is arhi-
trarilv made to stand! Gu bach gold
make tho fgurns tell simplv the truth
and prices will 70 down i'm n helpfu'
wav 10 meet this return 10 sound iinln
ci,l practice. n with the vast amoun
of CURRENCY on the market now. cmrr-
gencirs m'v come like thu present. WIN
hrticr could y. expected with adoublef
volume anl further decere,se ~ vi'n'
R"snmniinn slcro is commercial s1fct,
and national wisdom. State Sentinel.