, 1875-10-09
THE OHIO CAMPAIGN.


Special Eftphtrn to Tie Ch.cIao Yr7bttrf.
WARRINGTON, u. c., Oct. ga 1ottor has been
received by gentleman in thiB city from Gov.
Hendricks, Of Indinna, in which he pbyB: NJ
havc lust rotl.snod from Ohio. viii make two
1nore Apecchea. Boil, Bidea claim tho victory.
think Allen will bo elected, but an not conf
dent. Every personal effort possible ia boing
1nade by tho ]tcpublcaus. nidod WITH moncy."
Rcliunz At MASHf1ELD.
Mansfield, T.. 0cr. G.-Thu llou. Carl Schnrz
spoke here this afternoon to all AUDIENCE crowt-
lug the largoht hall III toxin. In presenting thu
offectH OF initiation upon tho various lndustxial
intesosts Gau. HcAurx haid tue fartnors aro per-
aatenuy told by tho inifati0nlBts that M expan-
sion Of the currency would heuoft and tho re-
sumption at anocio payments tniure theul, aud
set nothing CHI, be- clearer than that OF all
economy totctcBta tho agricultural aufrors most
Heyarely from III unsnund currency. sucil us w0
have. Tho farmer producos hut = few staple artl-
oes fot sale, hnl 10 has coinldevable variety Of
articles to buy. A portion OF aomn OF tho most
important stap!e products fs exported, and the
price OF the whole crop Ii regulated by tho for
oign 1uArkos. Tho farmer receives tho price paid
81 Liverpool lons The cost Of transportation, and
the protlts OF tho intermediate operators, With
tho premium oil gold a.ldoh; hut tho prices ot
their staple In tho foreign market arc measured
driven UP by my paper iullAllon and they arc
also dopreseot1 by tho competition Of tito prod
ucts Of other agricultural! countries. Whi!o thus
rocniyiug comparatively low pricos for what io
rarasively high prices to pay for escry-
thing ho buys in clotAlng, shoes Efo.
cesies, household nna farming uteuaila, and
so on. Aud why Is this sof Tho valuo Of au
ilrcdocnlable le paper currency constantly inctu-
ssos. Tho importer Of gooda. tho naorchsnt, tho
manufacturer, when offering their articles for
salo tl1at add to tho price which they would sell
under specio payments tile prolnlun on gold.
hut they know nIao TINT they rim the risk OF tha
tsuctuattou aud possltlo depreciation Of the pa:
they sell On tune the suus of money which they
receive tu payment whom tho purchaser pays
tho motto may not represent the Bamo gold
value which The same nominal yatuo repro
sented when tho sslo MAJ made. Tllo mer-
chant or manufacturer protects himself against
tho risk Of loss by ntakiuE another ndditiou
| tn tho ,priea of Koodh he selis. unnalsy
| tho goods IaaB through several hsnda-tlose or
tho }obbors, tho Wostern wholesale deater, Aptl
| the rotailor-betore they tBsoA tho consumer.
Each QUO Of those Intermediates runs tho sama
! risk ct tho depreciation ot tue paper currency,
and protocols himself BY making another addition
three or four additions Ia tho price made BY tho
traders for their own protection sBainnt the auc'
tuationa Of paper money! Ut coUrBs the con,
| sunlsF. ln this case the farmer. Tho prico oi
everything ho has to buy, therefore, han lcet
run up, not only BY tho premium on gold, bn'
fur beyond that bJ tho additional percentage
covering tho rink Of tllrna or four intermediate
trAders. All this is owing to tho nature Of oui
| currency.
but does not the risk ct currency fiuctuasio,st
affect, also, the price Of tho products the fsrmel
}x4 10 .eii3 Yes, 1t does bl1 in the opposite
way. Tho teadcam.n who buys the farmers
whoAt and ships It, tho merchant who sllspa it To
Now York, run tho Same risk Of currencT tluctu,
they caiinot put u on tho price OF the wheat
they bare bought. for the roason that tho price