The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1874-03-21
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the Greeley Liberal Democracy have thrown no
light upon the snhject and suggested nothing
that anybody, ct to be at large, would dream of
adopting as feasible plan to relieve business and
the community from the psrplexities of the stu
alton.
Congress is composed of various classes of peo-
pie. 1t is made up more of lawyers than of any
other class. There are quitea number Of editors,
the Speaker of the House of Representatives at
their head in that body. There are manufactur-
ers and business men of various occupations
But it does not follow that because good lawyer
or a successful manufacturer or an able editor is
10 Congress that he is familiar with all the de-
tails, workings and results of this, that or the
other financial scheme. This session of Congress
has furnished ample demonstration of this. We
consider that successful bankers and merchants
who do business on a large scale, those who use
and require for their business large amounts of
money, people who study business and finance
are the ones who have the best right to be COM
petent to advise upon this grave question. Among
this class of people there have been memorials
sent to Washington from all the large cities Of
the Union that deal with money on grand scale.
Lately there has been one sent from New York
city, signed by forty presidents and cashiers of
banks and trust companies, thirty of the largest
banking and financial firms of the city and by
one hundred and fifty of the leading merchants
and manufacturers of various branches of trade,
which protest against a further increase Of paper
money. The memorial goes further than this and
asks Congress ''to put an immediate stop to the
further issue of greenbacks by the Secretary of
the Treasury and to make arrangements to call
in and cancel at once the reserves that have been
issued" We consider this sound advice. The
mistaken our humble opinion has been in making
the attempt to regulate the amount of money that
is needed for the country and for particular local
titles of it. That will regulate tsefin spite of all
legislation. The amount of money required in
any locality will be regulated by the amount of
productions of the mandatory, the field and the
mine that it has to put upon the market. If
Pennsylvania has more of these than Georgia,
then she will need more money. II Virginia has
more of these than New York, then she will need
more money. If Georgia or Virginia or Texas
or Illinois need more money we know of only
one way that they can get it. That is by pro-
ducing more to sell. The more they sell the
more money will be brought to them. If you
should change the circulation of New York to
Virginia the laws of trade-we care not how
many acts of Congress there be against it-would
not allow it to remain there three months if there
were any means of getting commodities into Vir-
ginia. Virginia would be poor with the money
that New York has ia circulation, if that were all
she had, while New York would be wealthy with
her productions without her circulation. 1t is
what the locality produces that makes its wealth.
Let State produce commodities that the world
needs and as sure as Democrats vote on election
day so sure will the money that is in circulation
find its way to them. New York needs more
money than Virginia because she produces more.
The business centres attract the money as the
lighted taper attracts the moth. No law can pre-
vent it, We need return to specie payment
The road to that is not by the issue of more paper
Wemust be more economical. We must do a cash
business. Risk and extravaganza have landed US
where we are. We can get back to safe and easy
footing by the practice of caution and economy.
A PRoBLEM.-On Thursday of last week the
gentlemen of eminent ability, large experience
and wonderful legislative capacity that repre-
sent Baltimore county in the halls of the Mary
land Legislature demonstrated to their admir-
ing constituents that they were not without their
influence in that august assembly when they OBJ
tain four votes, besides their own against the bill
for the extension of the city limits. Their sue
cess has been really surprising. We have no
doubt but that some Of their devoted friends feel
like building bonfire to celebrate their tri-
umph and to erect a monument to perpetuate
their memories that future generations may take |
lessons from their magnificent achievements
How one OF Baltimore county's delegates could |
influence just four-ifths of delegate from some
other county to vote against the extension of the
city limits is species of political mathematics |
that-we apprehend-but few except the delega.
ton itself can understand or explain fit takes |
FIVE gentlemen of profound mind and broad cru |
dition two months to influence four men to vote |
against the extension of the city limits how many
serve in the same enlightened assemblage to in
duce them to extend the city limits to York coun-
ty and surround Annapolis with the City Hall
rs We make no concealment. We feel |
deep interest in the centennial. We are GER
tainly the greatest nation on the globe. We |
exert more influence on civilization than any
other people in cbristendom. Yet we are in |
our National infancy. The nation was born |
at Philadelphia. That is the place to celebrate |
our centennial birthday. We have so decid- |
ed. Our President by the direction of the peo-
Piles Representatives has invited the world to |
participate. Many nations are coming. In |
the midst of this the American people outside |
of Pennsylvania are giving the affair a cold |
shoulder and leaving Philadelphia to do what
the nation should. We say such conduct is a |
disgrace to Americas name. Every one of
forty millions of American freemen--not a |
slaUe-has an equal share in the glory of that |
occasion. Some folks can make a low Jest of |
Philadelphia having the affair on her hands, |
but if she does what all the people should hear
tily join in doing 1t qoiH be monument to the |
credit of the Quaker city and an everlasting
disgrace to the Republic for which every true |
American patriot will blush with shame and |
chagrin.
MS~ The committee, that was appointed by |
the Agricultural and Mechanical Association |
of the State to wait upon the Legislature to re
commend legislation upon sheep husbandry
public roads. stock running at large and i'm
migration, pay the committee of the House of
Delegates upon Agriculture the distinguished
compliment of being unable to obtain hear
ing before them The only resort of the me-
morialists was to get Senator Tuck to take the
matter in charge. Perhaps the memorialists
will have hearing in public that the honor
able committee on Agriculture may not appre-
ciate.
Gfy- 1t may have been good thing that we
have no railway by steam from Baltimore
city to Towsontown. because the city might |
soon extend out this far. If the people |
had built such road fifteen years ago. to day |
Baltimore city might have been clamorous to |