The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1874-02-07

nation of what the Democrats
would do were they restored to
powe rim the government, and ought
to be sufficient to put farmers and
ali others upon their guard.-A
bany n. Y. Evening Journal.
No Increase Of Taxation or
Borrowing.
The bankers, brokers, and money |
lenders of New York City ''view
with alarm the numerous propo-
sitions before Congress for in
creasing the volume of the curren-
Cyl They repeat the selfevident
falshood that 'sthe country is now
suffering. and has been for the past
twelve years, great loss and incon-
venience arising from an irredeem
able currency" This rather re-
markable document closes, as might
be expected, with proposition to
loan money to the government at q
low rate of interest. The magni
tude of the degree of impudence
involved in this proposition of the
cent per cent specie resumptionists
is strikingly manifest in view of the
fact that the sole reason of the fal
ling off of the revenues of the gov
eminent is the scant volume of the
currency The direct contraction
of the currency to the extent of
$500, 100000 during the last five
years, and the indirect contraction
through the increase of population
and business, have served to strand
commerce, and to threaten its de-
struction. Under these malign
influences all Industrial interests
are hopelessly struggling. Put
them on their feet by restoring the
! volume of circulation to something
like it's amount in 1861 ,OOO,-
600, 00O-and the revenues of the
government will quickly rise not
only to it's needs, but far beyond;
and the process of reducing the
national debt will again beresumed.
We neither want to increase tax
alton nor to borrow money from
Wall street. Business has been
starved by keeping the limit of our
currency volume far below that of
the lowest average of the most en-
/ lightened nations. The judgment
of the country has been swayed by
| the clamor of the Shylocks of the
New York money rings for ''gold
resumption" and the result is pros
tration to business and consequent
beggary to labor. We want no
more advice from the bankers, bro
kers, and moneylenders of Wall
street The New York Times says
, s'They represent in an unusua,
degree the commercial interests o.
I the whole country, for they have
agents or correspondents in every
city of the Union" This is MOI
true. They represent, at best, OF
/ worst, only New York City. They
|, do not represent the country, and
are not entitled to speak for tn,
country. The great commercia
interests of the country have beer
drawn to the verge of destruction
by following the self-arrogatet
leadership of New York City money
I lenders. The Times adds:
+ "This is question on which tn
Republican party ought to take tn
Lead The parties to the ''ques
| ton were very aptly defined b,
/; Senator Logan as: "Those WIZ
hold the funds, and those VIII,
need them; those who live by inter
! est and percentage, and those WHIT
live by labor and traffic" When
4, ever, in the history of the Repub
{ lican party, the people have beef
so divided on any question, it ha
invariably taken the lead on tn
side of s'those who need the funds,
and ssthose who live by labor ant
/; traffic If it fails to do SO in tn
|: present instance. it will commit
|, grevious error, and help still fun
ther to PROSTATE the industrial
interests Of the country.-Inter
u Ocean. 4a
Judge Emmon. ON the Chief Justice
II! OF all his professional acquaini
! ances he knew none who had
, larger, more varied, and successfr
K practice. It was not one in whic
, |; great numbers of petty matter
|. were daily disposed of with supe,
! h fetal examination. He had bee
|, constantly engaged in matters {
first Importance, involving ques
tions demanding research and larg
, professional experience. The Judg
!, |. said he could speak more partic
!, ularly of his thorough knowledg
as a commercial and corporate
|. lawyer. With, matters of insu
4 rance, banking, manufacturing, an
L railway corporations and municip'
bodies he was especially familia
A In these departments, he believe,
= he had no superior. His capacii
: for the place, however, he though
consisted quite as much III b
, i universally recognized and excep
ional ability to analyze and promp
) i ly arrange the facts of complicate
,, cases, and determine the apple
a ton of legal principles to ther
!, He never argued an unnecessal
!. or too broad a proposition.
was condition and habit of mir
which eminently above all othe
: fitted a man for the bench. f
, considered the appointment as fo
> tunate a one as any which had be,
! made during the last twenty year