The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-03-08

ana Sc; s nq h.S "a
sources o. supply by which simple process they soon
nearly empty Is Of SSr sop;
appeal, sar the people Of AL tn grsss
the unempbyed working people are enduring And our
engineer ne Chairman OF the COMMITTEES on MAYS ana
saiy Suggests NO Other remedy
R ssasSns War
cite ment NE people therefore take affairs mo NJ,
streams BY wSlch the freasary was repen
saed from he close Of 1861 t the Treasury serse.
from which cur abun liant revenues had come.
1s%;hs opening q he WAR fsSssa b ;siS IL
Ssis ss an %A 81 soa ss
Ss Mr as ss sId''f had
.; %sss.
TIE sst cYsseS 1851 custom. duties were s,
s : " 5sy a ISL s % By ne
fs S Se aa RI .nS June 3 the s'n s
Sacto BY he e chairman S Oh ' the COMMITTEES on
On Sr slsyn %Sna H;t
sea yq s sSc REDUCTION since the close
sir CONTINUED Mr. Kelley had the course Of legiss.
sss,
Srss .a III e
on nS So,s Y the friends Of %
rency adequate 70 the legitimate wants OF the country.
As 10 me caase Of the recent Crisis would not only
ans oG Would gave
y spon s a% s
acts 1s June is 1895 MARCH, 1867 Feeraary March and
snnSm ssnd ihoss II July IL is7S
Nay ana Sas % sssw s ht
81 hn $751; s sSTyfa Sg n
th9 hos three YEARS repealed duties enough to yield
svstems We would then ''-'
IN , ,c,sr 4. ~ aA ,ns Hap p. rae. TRADE s.,
rs sssn Dg
y Ss spss sSS%
ssay sa aaes 90 r sS!
Which into 0d in and our mas
1i % revea ne nH Sd
laws iGs rsSSeton pre-
They the q people AND ID some
the contraction Of the Currency, Which was Compel
ling them to borrow capital sell credit to pay in
sae
sea hs Of these internal Int did
The repeal stimulated its Industries They enabled
as' been Iasfs and tSas
enabled the people both capitalists and aborers
1s S
eyP tns Sy
repeal Su, tbs dvsrssnse rom !hs lins e
time elaborate the point
Mr. Kelley 70 % Illustrate the progress in
wealth and POPULATION made BY the since !, the
between 1858 1873 incusve We're 81 sssoSoS BE-
cedins seventy. wo years, and that for the four
than the total sum that has been collected under
ct fas s
hs mo Of the The s 5s
s1ssS 2sss g; aa5ins iss1, isSs and 1859,
s 4ss sy %s1s WORTH TSud
Ops and Iaa had
who accused
n ss
snS w sa sS ss
= hi' %ssss
s: 4 sss
ina %yrIss; ssaa. nf5.. sown n
endowed institutions Of learning the pubic libraries,
since % to nSs
sa: sn Sa e1S snsIss
sssnsr ihess R melt It Away Wa "a s4 ana rssy
not and mere
tie roads, The workshops ana the deids may trans
he the BY The wh or
sales to the men whom we have invested with the
sf sHnH ipS
order that they may Suy in again when they shall have
line to discuss The question Of }hs
to the taxes anS ha S
said that the peculiar condition Of our country think
The hs saying this s
hfa M e. d the
any additional taxation; EmbaIrssssd such
their expenditures but will before the year closes have
should cengress in its Vision determine to
RESTORE CIRCULATION BALANCE F0RTY-rouR
held by the Treasury and release the greenbacs
so KS at the
sson or the first lesion OF the Forty ourth Gonsres
sas Ss
though the stamp the
point Nor Sir, Would CONSENT to Borrow dollar to
did to be &c
loan for that purpose to add dollar of taxation to
sS'a;s $ s!GSS! then %sfs
The loan would make would be in the direc ton of
economy II would be to borrow temporarily such funds
our own people may be able to lend the government
to them call, and in consideration that
It was received on this consideration would make the
in the OF interest that is now made be-
tween the rate Tor cali loans and loans on bond
S as be 0ns ns ma pssm Ss s% s
OF 65lOQ in with which gold bonds bearing six
per cent interest be bought In open market or called
by the Secretary OF the Treasury who, am sorry 10
See, Is again
SUPPLYING ENGLAND WITH GOLD
by buying IN greenbacks We're he required to accept
loans such terms indicate be might reduce the
interest account by calling six per cent gold bonds and
paying tor them at par Tnis process involves an econ
omy greater than any all of those proposed by the
distinguished gentleman from Massachusetts (Nr Dawes
the chairman OF the Committee Ways and Means 1t
will throw no workmen out of employment, as
would the suspension Of work upon our public
In each OF our great cities, monument OF our incom
potency to manage the affairs this great and expand
Ing country, but will give full treasury, amply
plenshed by the free contributions of prosperous peo
pie.
MAINTAIN PUBLIC CREDIT.
Mr. BURCHARD, rep) OF H., another member Of the
Committee WAYS Means. addressed the House