Marshall County Republican. (Plymouth, Ind.) 1856-1878, 1874-12-10
PRESIDENTS MESSAGE
The Financial Question Dis
cussed at Length.
Resumption of Specie Payments
at the Earliest Practi-
cable Day Urged.
Repeal Of the Legal Tender Act
Recommendations Bank
ing Favored.
Legislation Asked on the Subject of
the Tariff, Civil Service Reform
and Naturalization.
mr.. Mora 0uv,ra,nc
The Appointment of Two More Supreme
Judges Advised.


tn ,bo yonoto o,5 Uotso of REPRESENTATIVES,
C..s
since Ine convemns or wonses' one year -,
h1s;naSs ord tba ;ndnstr,es snch "a has not
Lea.. .r;.-sN-saS ,,;,h ,,s for view VOC
Sn ec as to the causes for this prostra,
tion miebt be INDUCED in without profit. be-
cause as many theories would be advanced as
there would be independent writer's who
should express their own views upon the sub
iect Without INDUCING in theories as to the
cause of this prostration therefore viii call
your attention only to the fact and to come
ouestion "a to which il would seem there
should be no disagreement. Daring this pros
tration two essential elements of prosperity
have been most abundant-labor and capital
Both have been largely unemployed. Where
security has been undoubted, capital has been
attainable at very low rates. Where labor
has been wanted it has been iound In abund-
ance a. cheap safes. compared with what
of the necessaries and comforts of life could
be purchased with the wages demanded. Two
great cents of prosperity, therefore, have
not Il ienied us: third might be added.
eur Sol. and climate are unequaled within the
limits of any contiguous territory under one
nationality for its varieties of products to
feed and clothe people and in the amount
of surplus to spare to feed less favored peo-
pie. Therefore, with these facts in view. it
seems to me that wise craftsmanship at this
session of Congress would dicta.e-ignor-
ing the Notwithstanding in proper channels
these great elements OF prosperity to any
people.
Da,, ob-oa5 ia Tho o,,,r aIe,,or. that o.,
with .Iwsvs a sonnd cnrrency entar into
onr affsirs tn canse anv continned denras.
ion in the INDUSTRIES and nrosneritv ~ onr
naonle.
a,o. . ..;o.,
a great oonnic. ior ha'ionai eAistence Haue
necessary. Ior lsmporsr! purposes tne rals-
ing Vi laise sums Vi money rom Miatever
49,. as - ~ was ,ndue necessa[. ia
.uo "i'uoiii VI OU,"oiooo, Gnu w NO. uoup'
ne e 81 the times to devise system of
nst;nnai o,,rranor rh;ot - - 5000 20 ba
n"'iona, , Iuiiono!, "lnon, 20 pio,oo " NC
lmposslDIe 20 keep on par WIN the recos-
hlzea cue enc. OF ane eisii ; Morio Inns
peeot spii1 VI sPecuia'loh insoisi1e an eA-
happness or prosperitv of people and inc in.
.oiVine. ootn a1Iec'ly ana Indlrectl!' foreign
inueoteuness. Inc currency, peuig oI nuctu-
atih8 Naiue, ana unsaIe 10 holo Ior legitimate
; Ira. s redulrihg honey, became SUD
Ject VI specula',oh III ltsen. ihese Two
causes, however, haNe III. oiNeu us III Ioreieh
tnaeo1eaness contraoeo IN good Iaitn oy the
=; Doilo : snu enS ieuuei, winch shouiu De paid
lu coiu anu aScofoihs 10 Tue ponu agreed upon
,,,;.aIae,. III aa fa;,t &c OF It's
49,. - s $50 - vi 'no eosein
SSnot Ee ,.o.a'eu creui.ors az
be ancourarad snoor;oo,. 80; I'IS; s'oui9
csrrr;ro caTsso;;, ,norassad sara; ,uanS auu
so,,.,t.. 10 ,,,i,o,s &c - .;I he.s
fc, -" .. az ov,5 ~ uo so "a, anu t u,anu
,,ay thaso an ,hora = ,.rI.t 80. - 80 ~
$780, &c s..I." no. .., oan &c Sioatca
tba 100 o. ~. gu, ui'nei % Tue son,
d;s.o,-n-os ,..I;s; re" nioen9
and I.hor 60 A. aJao,,. ~ oapi'ai
anu ,aooi 70 tne aosdn'aSe oi the whoie
RrUpie' ou. III my Juugment the
L.. ?; y .,,1u us aeooiupiisunt tnis
ooJI.s 10 W eec'ue currency eooa wherever
o .,nnn Ie'6osn "nicn, II becomes
supGlaDunuant Win one people, VIII ma
Ao. WIZ eVuio v'uoI-" currency which
nag as i.s OASIS the iaoor necessary 10 produce
~, WHICH WI sNe us va'ue. uoio ana silver
az az n ''a 'ns ieeosn neu.uui oI exchange
VIC olsDzsu "oIio oyer, ano 20 TINS we should
To- un WIN .he ieass prscsicapie aeiay.
lean Consrass wbs p1 enr ,,resa n H 1ansi
saLa sss.em WAS aoop'eo, ana the
uoos IVA scteu, tnore snouid De
no ueiay, cerIalniy no necessary ceiay, In nx-
rs ~ . .e'io iicsuou W WITCH we Will
.s. ~ spoc.o' ~ tne accomplishment OF
,nls eso 'nste your sPeciai attentlon- De-
os =. naiy tna. neIe CAP pe no prosperous
snu peia' .e, revival VI pusinoss ana the IN
9us tles "niii poiicy is adopted, with legis-
iatioE any IL OUT, looking TO a return to
asFe' rs. IL Is easy 10 conceive that the
uepi La speculative classes may think 1t of
vaite 10 make a so-called money abundant
until tney can throw portion OF ;heir bur-
dens on others; but even these, /
neiisve, would be disappointed by the result,
II course should be pursued which will
heeP IN doubt the vaiue OF the lega-tender
meulum OF exchange. revival OF the pro-
uucsNe INDUSTRIES Is needed by all classes,
ana by none more than tho holders of prop
erty, OF VIVA ever sort, with debts to l,quida
rom .ne reailzaIon upon Its sales Bat, ad-
ns'il6 'nas WIG ."o c.asses o, citizens refer
lcu " 1io 70 pc peneuseu by EXPANSION,