Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1874-04-22
SENATOR JONES. SPEECH.

Some Of our exchanges are arriving
with the full text of Senator Jones
great speech against the imitation OF
the currency. We have waded through
the entire document. and pronounce ii
emiuently sound throughout. We re-
cret that our space will not permit its
reproduction. 1t would probably oc-
curv about five columns of the SENri-
>EI. The following extract Is a fair
sample of the whole speech:
Our manufacturing in'e,ests were
not brought To a stand->till by any
movements towards redemption. The
panic which drove their operatives into
the streets last Fall to StruCClethrougti
the Winter, was the legitimate fruit oi
the existing financial system and was
not caused by Il scarcity OF paper
money. II came from a want OF con
fidence that the inflated prices which
then prevailed could be maintained
and a belief that the bubble would
soon burst. Those who had money
boarded it,. instead OF allowing lis
healthful circulation. and. As Il con>e-
quence. >tagnation. panic, II run
followed.
Sir, | main ain that there is money
enough now in this country for every
legitimate purpose. But that You Will
ever see that glorious time when NJ
BODY will want money. that You Will
ever reach that era when nobody VIII
be clamcring for want of money. | do
not believe. | hope that time VIII
never ONE for then production VIII
cease and paralysis seize upon the
country. and it Will go down. down
among the >emi-harhirOu> and COM
mcrcial nations. i'll which direction |
believe that the voters of the majority
oil tlis floor are calcula.elto send II.
Why. sir. ~ long Is II l. easier 10
loll at the seaside than it Is To dclvc i'll
the dark depth OF the mine: Is lonE a.
il j more agreeable To leai "A Lille Oi CIe-
CANT ease than To- toll i'll the factory.
and the field. and the foundry: rs long
Is money Will buy immunity from la
Dor and be exchanged for h nccc>>l-
ties ana Injuries OF life. ~ long viii
Yea hear the cry re-echoei throughout
this land that more money Is wanted.
The very fact tina. money is wanted i
what stimulates legitimate enterprise.
euaeaNur and energy.
suppose q vote $4,000 apiece to-
dav t every MAJ i'll the country. what
would he the result: The desire Ia
borrow would cease when all Were
supplied. but about that time it would
he discovered that the money was ati-
~>alutelv worthless. and the refrain o'
more money" would change to the
more sensible one OF "hptter money!.
The closest and sounle>t reasoning
characterizeS his argument i'll every
line and SYLLABLE. He said i'll conclu-
sion. while there nay be a variety o
wav>.therc are hut two general roads be-
tween which 10 choose: the II leadins.
toward initiation, the other toward con.
traction. The former appears easy
and inviting: the latter steep and rug
ged. But in the end. Sc IRE as effect
follows cnuse. contraction will lead I
safety. honor. prosperity. happiness
and life: while imitation will surel,
lead To di>honor. misery. and decay.
| am Vet unwilling to believe tina
this Senate, representing Il proud an,
sensitive nation. be>ct by embarra>>
ment>. would tolerate a proposition
calculated to increase existing evils
and in the main hv the Very means l.,
which they We're originally cngen
dcred."