The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1874-01-09
A Financial Meeting In Harrison
County.

In the ClArksburg Telegraph Of the 9Th
we find the proceedings Of % respectable
meeting Of the citizens Of Harrison county
W. Va," on Dec. eth, at which Squire
MCPHERSON was "called to the Chail
and Col. Lor BOWEN appointed secre-
tary." This meeting passed . preamble
and twelve resolutions In regard 10 the
National finances and the evils that afiilct
the country in q business and monetary
way. ItreSolyed, first that Congress ought
to increase our circulating medium at the
rate Of one dollar Tor every thirty dollars
worth Of property represented in the last
census, and "that the increase should be
marked BY the redemption Of the $40
bonds with non.interest bearing legal
tenders, payable in twenty years."
Its little difficult to comprehend just
what the author Of the foregoing resolu-
ton means, but we presume he means
that we should issue more greenbacks
and redeem $50 bonds with them. he
perhaps Is not aware that the $40 bonds
are redeemed In gold and not in green
backs. The PENDIEToN theory Of green.
back redemption played out some time
ago.
The second resolution Is 10 the effect
that the rate Of interest should be fixed at
SIX per cent, and II q higher rate 10
charged that both principal and interest
should be forfeited. The third and fourth
resolutions inVeigh against & policy that
crushea the energy and ambition Of the
country and demands that Congress shall
secure the people against the ills in future
that have recently lost IAN amount to
the industrial classes sufficient to have
discharged our entire National debt"
The fifth resolution Is peculiar, and we
give 1t entire, as follows:
5th.-ReSOIped, That the legal tender
"GreenbRck" Is the best currency the pub
lie can have, and all it wants Is proper
leglslation, giving It low rate Of interest
and uniform value from Maine to Cali
fornia. The talk Of return to gold basis
is great farce.
We think It would puzzle the wisest
men at Washington to tell what sort OF
"properlegislation" is needed to meet such
q resolution as that.
The sixth resolution Is like unto the
first, and advocates redemption of the
bonds in greenbacks. This tRyorite
idea with the author, snd he touches upon
the subject yet again in the 9Th resolu-
ton, concluding it with a declaration In
favor oil free banking system. The eighth
resolution announces that the conflict oil
our day is between money and labor, and
that it Is useless longer to disguise the
TACT" and that "all classes Of working
men, and men Of all political parties are
alike involved, and are earnestly solicited
to look to their interests"
The ninth resolution comes back to the
question Of usury again and Is as follows:
RsSOlued, That the repeal of the Usury
Law Of Virginia was a curse upon the
country, insigated by 9 class OF men
spoken of In sacred history whose "eyes
set out with fatnesS and who sat upon the
hopes oi men adevourlng mouth"
The tenth resolution Is the gem Of the
constellation and ia worth the balance put
together. It Is as follows:
RSOlsed, That the Hon. B. F. Butler, in |
Congress, merits our highest esteem for |
the bold and fearless stand he has taken In
the matter Of finances, In advocating the
imitation largely Of legal tender for the re.
demption Of bonds, saving to the country |
annually millions of interest payable in |
coin, thereby encouraging International
thrift and prosperity. May his life never
Wither, and future generations ahed their
deWy honorB over his last resting place.
1t seems to US that the resolutions Of "A
respectable meeting" should have stopped
with this tribute to BRN BUTLRR, but ap.
parently this particular meeting was un;
der such headway when It reached the
great BENJAMIN that it went on by vir-
tue Of It's financial momentum. It there.
fore
RS0Iuad, That Bon. ]. ]. Davis, with
MI the representatives from our State, are
expected TO act in hearty concert with
schemes.
setsmSS' ia agood word in connection
with BEN BUTLER, and we like 1t. BEN
himself will appreciate it. II there is any
word in the EngllSh language that he is
more familiar with than another 1t is with
the word "schemes." D.
As TO inStructiug poor JOHN DAvu how
TO vote when he 10 not even a member OF
Congress, we think that was uncalled for
Perhaps, however, II he acts "heartilv in
concert" with BUT1ER, as above instruc-
ted, he may yet become q member.
The lsthresolution simply requests the
CIArkSburg papers to publish the pro.
ceedlnss OF the meeting. As the idea,
therefore, is to give the resolutions as
much publicity spossible, we have taken
Inc Inc liberty to give their leading features to |
ous readers In order to show how easy II
knowledge" ~
The Letter Of Attorney General VIII.
liams.
The most important item Of news thia