Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1874-09-03

4
sumner OF aie college, (the author O
=. amer'can currency, IRON
wn.cn wequote this pithy passage.
history furnishes US hundreds of illus
trat'ons OF every evil to which disorders,
currency gives rise. The decline OF ma
} tionai anu mercantile credit. the deterio
ration Oh puoiic morals, the contempt lot
pa''en, INDUSTRY as compared with -'urt
ness. the increase OF ths class "i enid u.
men, the love OF meretrci"uS display
are oid AMI familiar features IN ev ~ p'-
=, tiou OF fictitious aud inflated currency
Inc money people use and edncates them as
mueh as All the pulpits. schools. aud news
| paper-. It's inhueuce Is the more deep
oecau.e IL Is more insidieus and nn ,,Srrs.
eu' hese are us moral and social IN cts.
wu.h :" ,n,s ASSOCIATION mast Away be
OF .ne highest Importance; bu, II, lin IN
ciai ehects are no less distant. IL belongs
10 the operation OF the system that there
shouiu oe sudden, inexpiicable crises. err
/ ,a''c ue,e"phehts, meats and chills IN the
h''ancla' history OF the country. We cad
expect ho,hih2 out series OF them 50
io"S a. the system iasts- Primarily IL
must press most severely on the innoccu,
ana helpless out 1t promises no security
20 those VINO Tor a tine profit BY IL most.
eoi""""'y w "hIen one haif preys up
On we o'ner, cannot prosper.
i", of''gS me aiso 10 speak OF one of
Tue w'uef social aspects 1T this subject
WIZ" ue'nanu> e,p.citiiy tue aitent ion OF
~ a"' va" - " bearing
80; ~. VIC -f''es "hich hiV',
ou,''2 tne ia>I Ten years. acquired more
an1 more uenhite expression among Us.
anu "n'ch mink every careful observer
inust Denese 10 be gaining strength. Es-
pee'y W petiod OF Industrial stagna-
.'ou, aou a, uine winch the expansion OF
! ei."' , "As u avn great majority of the
'"'o ''c "eotor RELATION. such
gar" power. Ii Is true that So
o"S''," uo "ot Jake on the same
lol,h "cre as III t,.e nations OF the Euro
peal continent hed Kepubllcanl>m can
ny =" w repuoile. distribution
VI pIopc'y WIN NOT hhd supporters la a
""e's property Is widely distTibnt-
! "" p' " oeto"ss 10 our science To rec
,,s y az "'"e' thelr various man
"u'on vary with time and
-, .'o"''uu o' property Is not a
H., ~ -, - :; "a' "isea oeeh urged
- - az efu', u's'''ou'ioh were made the
h,,, !, = ,' u "oe remain Tor an hour ;
80 :, "'p',,'''e 20 conceive OF any prac-
"eah, ny when. an equal division
- oo aoeo'np'is"eu'
,t1,r;h,,,in t"o means ny which the
s,L' VI p'oPe''y can De regulated
axsL.rs 80, - ''e Jaw OF saine and
49, ~, CO ''''e 'fe g"t ana ROBBERY
'-.,,,.'-i - ''''' a. naEo" IN IT'S range.
IN ~, s",aa.t., 'peta''oi' ana uhinportant
-, - . po,ul ~ view. ROBBERY Is a
MA, 'stc "u'ch II Is ,he province OF
m. ~ Ie"uce 10 u minimum.
I.,,,i onar,,;" o"e I,h VI II YET IN
and ~. 80 !. ~ som. c"i'ihed States,
'r,'t. "a lcS", lenafF paper poney.
a;a,,.a, ~ "y when the aims OF so
.Al''h may De accomplished under the
r. a"am oy any o'het means yet devised.
ihe'e seems great reason TO fear that its
appreciated, and that il NAV be aIyoc,tcd
distinctly on account Of its effect in m, .
direction. The opposition of tbos. Who
-. ~ '"'' account i oHen sum
h,r.t i,o,..IrI se'"'nne''' the
,,,,,..r :, - " ','u''"I>' the money
'he oppression OF capital. etc,
any OF them /, /. nothing but m. vuI,,sr
disinclination OF the man who has earned
something 10 having il taken away from
him. The student OF political ,rnnnmv
The ,r.,,.r aaI 80 "'uer we" OF
ms, 49,. mat suSh poIcy
This nnIic,, ,r.','',, ~ 'n eo'n'hun''t' II
~, a', "rIc Is VIII arrest the
quarter of century. aS IL IL certain thar
the same policy adopted on this continen,
IN the last century places Us now far h.
hind where we ought Ia be-. IL the PEG.
pie OF thi. country divide upon this i..n..
vh, h,y.', !, '..n 80 h-a'hSt those
var AMI I'm. ~, -, ne social
nbic,I d,,ista, ~ -, ~" ot geu2ra-
noli,,c,I s,.,.,,, -, 49,, o'l"- ies".tS 10 tue
h. ,I;s,.,r '"' country "hich VIII
iale has just receive, a b.auest OF
eSo.ooo.
Thar.
tn, .sain., H. 'cci'h2 OF ihdlgna-
80. =, IT,, u'". ~ rercrs OF the negro
,c,.,,. ,,....
- ~. w HhN An AMBITIOUS
T. 80, ~ "i'sic wager anu no" is
pa.,imI rom san francisco TO
- 'N' nays
1t Is reported tina, tn. au,bori,;os =,
"ash'hs.pn nave issued an order for the
\, - a' ,ne Am u. despcra-
vs. ~ '"' ''''i'" vi hhoN county,
The Pennsylvania railroad claim. ,h..
largest locomotive In tn. countrv T. ~.
twelve driving wheels ami with. 49,.
five tons