, 1874-04-13
MONEY AND COMMERCE,
MONETARY.

]
Ihs wooh CLOSES quietly, aud witt, tho du]
aoaa tint must continue as long NJ oil yauos ar
Mpt IN uncertainty by tho inlcoIsou Of Con
5ross concerning tho currency. Thoro Inns bool
"o oSeito1nont i'll financial circlos, except tha
occaa'ohed by tho runlors from Washington
Al THO early part Of tho weok, tho report Of |
conversation botwoon tho President and dis
t!aGlllshod molnbor Of tho no,,go Of Noproaenta
lives (don Gariiold) lod many to iIopo fol
veto Of any bill incronslng tho currency. Tht
ffeaidont said, in substance, referring to the
sonato bill, That It would DO too much, after at
ho Ind said, to expect him to approve mn inta.
ton Of nonr]y e00,00o,000. Tho expectations
bnilt upon ths utterauco havo since diol out, and
nothing bottor is looked for than that tho prosi-
don't may accompany his signature with protest.
Petitions have been widely signed during tl1o
week by tie bankers aud merchants OF New
York, logging liln 10 interposo his veto against
any attompt to swon our irredoomablo currency,
Should CongrcsB taAo any such stop, it will do
80 in tho faco OF tho facts. It is illo to talk
about theories, When tho practical mon OF tho
country, lta bankers and merchants, who e1ohanco
sts products mud handle It's money, unite with
unaninity in doelalug that money is plenty
mt nl'u thnt nothing is needed from congreHa OK
New York, Boston, Philadelphia, money ii
abundant. There is no borrower in this city
mot IL '''11 H. xna Will Rooa security,
easy terms. as to the Northwcst, tho bal-
hnnla ~ n,.o .no an ,oretty uIlAs ~ the ClncaFo
country VINO wants money can obtain 1t, II lo
.ara,yyI,. @s amytIn,g g .T gos IT. WIFI Those facts hre
The leading nowspapors OF tho country even OF
cnt,1n,"a i,axo roita.,tn @ ~ thalT oatoflNl
Tha rosottoua au1 not;tnna - ~, aay ~ uay.
man nf Nav E,"ian tn u, tno BUSINESS .F
hamsors ~ o3 ~" ,,,nrs'n ,se'u sro 1aamolials Or the
sts,,on,a "tI ~ ,i,n " NaW aofR tho III
1onrrcssp,cn mi ,,,n njmos, m ,,,,,at' ~ .nolr
demnntion NJ intiatinn Nv ta noara ~ ma 1o1l-
md tllo Cioarinu-IFoupo Assonof;nm ~ f1,,;aa-o
leave no room. oyon to tho intollIeonre al GS,.
liz ;ns,,n' - - o,, .AS i i1ulo - np e1onae iar
neper money, Ne''"D'
Tho resolutions adopted by tho Bo.rd ~ T,rodc
on Monday were alnilraGlv nointeI nno ~
tllom declared TINT wa nrotcat oro;nat +ho n,o.
posed mcaBuro In infinto rnt1 frshar ahana H.
currency donn;ut, onv n,,rronor 41at . so
ia not worth i'm asnts ,,nnn tho ,,njior 'nA'
The othors eallad upon Congress- to tako tho
sooo ayp,ats and ts tho ed 10 resumption M Of
tiong faith with ita crctnra n ~, roono.taa ta H.
President to veto any n1onst,ro tat wonlI n1'0
str,cr tho rcstoration Of spouio nny,nants Tho
ga,no Vows. TIaIr roso'nfIoma ,nao w. Mlsh sae
Int oomnrol,ansivo uoto,o,,t - taao t lnls orlet
iaano =. 0~"'@"o't' ~ '"o l1ht'of "
i ANY further issno of irredoomat,,o o,,rrono.,
n. il, orr onn;on iotr,,a,tei " ai
lin comntr i, a,ei', ..,i,i; W sn9 "olaeo of
Yatt,;nn tia 1n IT, aaI"s - p.sn!!o conHuehce, IN
lnaa 1f loT;t;nntc h,v;nans Iitn..uto1uB tue
laton, nnd above ali brinr;nr n @est;np Spec@t a.
Nome and abroad tho mod fa3ti a,'d W
o1r Goyarnmnnt e04 '|&A'A4 "''a ''''0si''y u
Exranro lma ro,,,,o1 ;7,,r;,,. A.. =,
opened scarce sonr nj mr. + sGo S5o .o,, nuun; ~
nwnrt,a t1n c,nue 1H ~ IT, W. Ir to @2o ptemnm
Yomitancca tn Tia ontr Muen tno crease OF
a,1Iont Of nxcbnno on tl,c nr1!ot As lt,o" @ msso
linn md 1;ttio nss SOL, @ ~ az Aos r iof feazA
at mr.. ""o '''1 ~ ''o 'lt' ~ c'oSoa
dim ro+o ~ ,;.,.,,,4 ,o..,., ,,, ~
week romiual1v mt IN ncr c"nt Wo,1,a 1LtoSn suo
mersantiia ia},aua M ~ rp,,ast put III ha uog
10 nor cent but oti,crs h.vo a. inrno npul out a.
lalld, whioh would be- loaned nt nnr couP W W
ul,ort +;n,n AMI oavi, ann u ti ~ !'ot eeht' VI
q cent or two less on caj Y'ha denanH g0 for for
money was moor,tn tia r,ortat oi,, uuna,T i'o tof
tho Close than at the boeinninr nf tl,o wao ~
Transnctjoms in sccuTt;os e. " III ~ lin5s mgeA