The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1874-04-18
speech OfGen. Albright

On Currency and Free Banking, in
the House of Representatives, April 8,
1874: 49,
Mr.. Speaker, l do no. know should
have attempted to speak ON the imp0r-
tant question before the House IL 1t had
not been Tor the rena rks made this af-
ternoon by my distinguished colleague
from Pennsylvania, Mr.. TOWNSEND [
underst 'Od him to say the people of the
section of the country he represented
are In favor OF contra ,tOn; that they do
not desire aity more currency, but are
in favor of some process by which specie
payments shall speedily be resumed.
come from section of PennSy lvnnia
where the people are largely engaged In
the mining of coal and in the manu-, ac-
ture of iron. | was home bat q few
days ago, and while there did not find
a single operator in cOal-mini ~ or u
single manager of furnaces, rolling
mills, factories, or nachine-sl ops who
did not say tJ me, solve us more cur
rency, because during The last i've years
with the currency the county hat we
were prosperous; we were developing
our mines and building up our furnaces
and rolling mills and extending rail.
roads, The labOrers say the same
thing that before the war, when
thew were maid at the eud of the month
tlnv had piyht dn,I,rs hut nn,v ,h.v
have tw.nty.two dollars abnye u,r.,,t
expenses, and that they can buy more
goods and do more for their families
Will in currency than with piuht dnli.r.
of Ynari.. h,.f,,ratn., u,or ma, H. yyhat
thn ian,,.iny man Sov IN tb,. snctior of
Tho cn,n,rv ,rnn, w,,ioh cn,re
And tniSn alter nf cnaI Air. Sreaker
is nui, an unimnn,nut item in p.nnsrI,
! v.ni, In ,I,.. ti,r,., ,.,n,ti.s nj -,
| iny the onn whrr,. Iiv,. th,r,. arr, mind
twpntv.twn milan tons of anthrnrite
cnnI ..vrrv vnar whici, when nnt inf"
New York and Philudrlphia. and 10 The
| fnrnar.s rnIIiny.niIIs a.. - vnr,h riv,.
dollars n tan ami unwa,d tlus reonir-
in,, ,,v.r sim mn son .n,u,Ilv n, 100,
this coal 10 market
But il was uut ~, that particular mint
| I wished Ia snruk Snpcie nnyment nf
| COURSE il drsir, able. Ey.rvboJy lool,
forward to ,l,. d,v when sp.ri. will
paymeuts "a n, n. r,.sum.,I But can wa
RESUME snp,.i. n,yn,,,,ts bv I,.oisl.tivn
enactme,itsp Gan van mass avs hv
which vuti can NM poId and silver iutn
IN. pw.kr,s If ,he ,,.o,,lp. pxc.ut as
yo, ,,a,s urot, ctlvr law, Ia .mnlnv tina
labor of ,h. rul,n,rv in order Ia ,I.y.Inn
tha min.. az M. c',un,rv aud huilI mn
furnaces and other establishments that
| will uut the raw material of the en,tl
| into iunrlpt.hln fnrmp
| Tber,. are nj his time In mo i,d,.
meut thr.p insuneral,l. nLi,c;i,,,. T.,
sn,.,.je naym.nts I'M. frSt y ,h,t W..
| Inv. nut yoIJ enouUh in nm. cnn,,tr, tn.
dav. thI Inxt ~ Ih,t ,y,. ara. i,,,,,.,,,i,,,,
mnra ,h,m ,.,. ar., .vn,rtinn. a,,t ~ 10
I'M. third Mac. h,.c,,,,t W.. or,. ,,a,,,,,,,
| s1y5 0o0 lio0 -, y,I,i tn Enr,,,,. , p"3 r mr
ho,,ded iud,.ht,In..s ,,,..,., ,,,,.,,, ,t,,
| Lnnd,,d iudui,t.tn.., of ,,', Ii,,i,..I
S,a,,.s ~ wi, a, ~ am, ,,,,; O 80.
ati,rne
| Enn,and and t.orm,,,, ,o,, .,,o ,,.
-, o,'s n''',t.''I a,',.,,,.',, "" ."o
Hnnds ,,hi,,, ,'av t,',, ht'' s""s 10 ','Jo' 10
go, WI" VS. p"S '"o nsnese ia'e VI III
w.. LIN ,,''. ~" ~. you, oo',"' 'o"i
"av",nnts WIN -, ro' ."o oa ""y " ope.,o %''
| unna nf trad, In t,ynr ~ tbo Ir,i,..a
STATS snsni.. nay,".., % W ,';,, '"o 49, w",.eI s'I
Inw mi s;,bnp~t' p' ,nv %'' soo' ,I i
n,,t , 49,, ,o,,I ',''. so"o" "v "".
En,'lsnI VI !, 1 o,i INV W se',,e,.e, ,na. % S"as
aI"S is na,,ii,,, s s'-,o.i ai,t'"S , rn,o "n.o
has inst ,S a,nas,ed frn,,, e" ',s, o NV
hau.,iv', NOR 'rha, So, ,i,. I,.@I r''.'., ""u
G.,rn',,',, a''d Pra"o 10y .,"t Es 'an"'
snd III rannn, No.. d,, ,,i pas s 'tIN'
In t,n. '.,,n'',r,o ,,'' 81" ~ ."t;
ans,.sr tIs, ,,h,,., ~, I I, 1' p"
~ 49, oraat ,,'"t ~ .nN. 80 - W is s'"'u "
h.IJ hv ,hs EngIish nsnnI. TEy', -. ~ -
,J,, of En,,Iand 4 IA ,hr, ,,'ao Pev
- Tn',,'.,'S a,'t ,,'a 'o oou' ~ oon"oi9
,bot in9i.h,, Juass H. roiJ at ~ P" ""
The same is true in regard to Germany.
| llStpAn nt hnlHlntT h,nI..,l Ia
J.,Ltutn.ss nf th,, ,,a,i'', 49,, ,.''',"' ~ .''
ueuseun'a' " 'no n"t'o'' ourselves one
ha'i Vi ~ 10 heiu auIoaui anu all the
S'e"V '"iho"u o'Vi Piises anu eN'lnp-
',,,n,r,, ,i,,ri.,g III, ia, , "P 49, '"'S
coun'i u"t'He tho 'a'I Ten or hiteen
sea,s nave 1e.n cuht 'ii"'hiy win capI'
V"t ooi'""eu =" Huiope'
| 'IllHs1 ara Inc rpaSuuS Mr. Snpa