, 1874-12-17

Whatever f0p0nlcu that Clat16c, aud abolished tue
security to tho Dillilotdor.
Lot Congrcas rcHtoro tho clause for conversion
into bontlH bcnring d low rato Of interest, II IL
cannot give ,ta spco'o-rcdc'nrtioi. II An1f
Loaf Ia bnt!or than no brcad Buroly some SECURITY
for future payment Of tho gracnbackH intnonoy
is atop IN tho right direction; aud this brings
mo to ask uat ID tho fault IN hIr. Kelley'a bill
offering tho sos bonda? Surely tho bonds innat
contain n condition for ultimate payment In
rnonoy.. AS IT IL, tratle Ii constantly n'onncct
by tho threat Of rcrudiation md atoaltlily granps
largor profits from lnHttnolvo apprehension. La
It a1,y wonlor TINT tho worlds caplsul grows shy
Of = people wlloao currency
BAY SHRINK ONE OH TEN rEn CENT
Tloro il always Bon,othing tempting in tic
scramble among thu wrcckB ,yhtoli result from
tho uso OF n credit currency; but tho priEes in
clasacs'@llot si,!s Sid Tia. u,i over hoard &. ~
i think Il recent correspondent Of yonrs OK
prcssoti aon,o pleasure ut tho prospect Of a re-
Jsal Of t1lo "lcga.tentler act;" ho said It would
groonbacks would show moro readiness to lend
them, or to buy something with them, or give
employment to labor. At my rato, tho rorcal
would favor lively circulation. Docs this gem
ticmnn rolnembcr tho Illinois and Wisconsin
stumptaii? Yhat currency cnne to ho endowed
| with tho lvollcst qualities, mud gentlemen would
travel late arl carly, looking for chancos to
apoud it. It's ultimate valuc, howovor, was only
s,'lunl e thHt synonym Of zoro'-a continental
"spcclc viii como with tl,e return Of uroa-
pDrity," lays tho Richmond Convention. Ear
lcst practicable period, ator business ahall l1aro
sSSsea sons and es Ill., noaees ay to etsa ass local
And THIS brings 9p rather vividly one ot hlr.
Neals charcoal subjects OF ycarR ago in plitn-
| dolphIa, vino, peacefully drunk. WIZ. roposlng.
on fair ,lay, under tho SPOUT Of lealy hydrans,
"Hct out of this u BAYS a policeman, after
partially rouHfng him up with mlch polling.
" Easy now" growla tho cl,nrcual-anbject
"call't YOU let foller rons little till it stops
rainln'f'
soUrnnnN-1LLrNo1s SENTIMENT ON THE CUR.
KsNCY PROBLEM.
CoLLiHav1LLr. Ill., Dec. IL, 1874.
| To ths Editor n tbs Chicago 7rioane:
SIN: The Republican aousimcnt OF Southern Il1i-
| nos il not thoroughly united upon any particular
! theory OF = solution Of tho cnrroncy problem;
but all Republicans nro united In tho wish that
tho Republican Members of Congress- may settle
| upon some rational method Of adjusting tho
finance probIom. This question las como to DO
| Of oycrsllaaowing Importance; mud our people
fool tint, un1css great caution and conciliatory
counsols prevail in Congress, tho pnrty nlay DO
| wrecked upon this rock. In fact, this question
has forced it's way into position wlIorc tho peo~
Pic feel that their pockets aro inyolyed and tho
| pockets aud hearts OF ordinary mankind, as is
we'll known, aro nearly allied.
Last wintor, after tho panic. it ia not saying
| too much to agaort that
| EfSE.TESTus
Of tho peop1e In Southern Illinois were in favor
Of increasing tho volume Of our papcr.noney. III
| deed, tue remark will apply to tue wlolo coun-
try for, shortly after tho panio, eyory intorcst
| in thu East wns demanding moro money OF tho
Government. aud tho Presidents message ill.,
ct,ned tn ;nflat,nn. INT when r,onrrcss ,of,
,o,.. ,,,, =. ,,.....u .."N
eoinp4o.eu o4'' ~ 1uetsAno , uul inuHes' teac-
tloh liaa se1 III, -ao ii"cu eo 'nat tno floalocnt
doomed it best to veto tho measure. lind our
volume of currorcy been Increased SlOQ. 900 600
cor1v last winter It IL vot boiovna hv nnnv .h,t
.aA's -"a' "'' s.:..' ~ n1A, 'HAs
business "o"la ~" W oeel'e, peop,o "ouio not
be leaving our ahoros " sh.p1oads, and our
loved tl,at, by expansion, Tho popular domand
,vo,1d to orntioo1 md t1o 11n,on ,,ortv ,ronla
.'s "e"" ~ e' "aa $1,000 - p' "ouru
as consequence n"'e fclnal"cu III power lor
lon had adjusted itsclf Oh q baBis to iusuro
tranquility. Tho writor also yiowed tho subject
n VI. 1;,,lt nut lila ootion wou,1 ,ot 1,,..o
| - t1'' "s"s' ~ so''oA "oa.a wv n.'o .
I pro'ontea lue eSl! uay ~ "outu on19 haSo ac-
laycd 1t. Wo would hayo ballooncd 1t few years
longer but would, as inevitably as fate, hnvo
falluu aoouer or later. was what is generally
k,own ns ~ mild intla.ionist," md at That tinlo
was not without company. Wo desired to d.
But now tue evils uIiou us. Wo 4ayo, in fact,
eottlcd upon tho rock~bod of security ind gold.
VIC have lnado tho loap tile people have made
it; tho wolo business OF tho country has mauo
on A oo1p-nAB1s PRACTICALLY;
nnt the roal trouble is pnEacd, Nov, all Con-
grcHn has to do is to pass simple measure wliicl,
will bring or pnpcr-aonoy OIL to tho bays on
wtlici. all busiuces has now settled II this
| rrorn aono to.rarrn,r H. would mt 1,,,rt f1,o