Pioche daily record. [volume] (Pioche, Nev.) 1872-1876, 1875-09-25
ANOTHER INVENTOR.

II ia one of the misfortunes of this
country, where every man is sovereign,
that we have so much inventive genius.
Il Is most commendable element when |
rightly restricted to legitimate bounds,
but when given full sway and allowed TO
be perverted and overdone, the faculty
becomes more OF nuisance than ben
eft The great trouble at present seems
to be An overdose Of finance. It Is
leading question, and Of course intelli-
gent men Of oil sections of the country
naturally give the subject much thought,
and sometimes a really sensible idea gets
publicity. But as though special pre-
MUM were offered by the Government,
the whole country has become alive with
financial inventors, each clamorons TO
have his theme ventilated and thoroughly
understood, and astonished that the
nation ignores the idea that has origi-
mated in bis brain or been suggested by
reading some other patent right system,
warranted to kill all financial ills that
nations are heirs to. II patent churn
or improved form Of rock.crusher were
required, such general display of in
ventive genius would be most commend
able, but inventors are not wanted; fnan-
ciers are. Without rejecting on the his.
tory of finance and financial transactions
in other countries, ignoring the fact th al
the laws Of public regulation Of crcu.
lating medium are underlaid by sub
strata Of invariable proportion. and only
influenced by transitory circumstances,
these self-appointed physicians in ordi.
nary to the nation prescribe the most
weakening and debilitating medicines.
The last, OF which wo have taken cog
nizance, is Senator Gordon OF Alabama.
We can hardly expect man hailing from
the South to be very we'll balanced on
the question OF currency, though the!
are the very mon that ought to be agains
paper money. for they suffered deepl
from deprecated and finally WORTHLESS
currency during the late civil war. Blu
the Alabama Senator. in recent lette
to the Atlanta Herald, reaches the acme
as it were Of, financial folly. II
says he is opposed to the force
resumption Of specie payments, an
would gladly see the old bankin
system restored. Everyone knows wha
the old banking system was; everyon
remembers when Hodges or Peterson
Bank note Reporter hung at every me-
chants desk, and every strange bill {
different State banks required q cloi
and tedious scrutiny. The nationi
bank-note system has its faults, but
has its advantages; most prominent b.
ing that in California. South Carolina {
Wisconsin the currency has universe
circulation and passes readily in all SCI
tons Of the country. In our Centenni
year we will have thirty-eight States.
the honorable Gordon's recommend
tons found general affirmation, ,
would step into the old ruts and be col
PEELED. having thirty eight different kin
of currency, to keep posted on thir'
eight different banking laws and stt
the monthly nuisance OF bank.note
porter again. Senator Gordon may p,
sibly be sincere in his recommendatio
and financial prescriptions but his vie
will not meet with general approx
The folly is too apparent to require co
ment. But, sitting the grain from
chat. be makes one good sugsestie
viz: that It's time enough for the
mocracy after they get the ascendan
to start the matter of the currency a
question Of paramount importance. I
unfortunately for the Hon. Senate
reputation for sagacity the question
the currency has been laid as sort
criterion before both parties, and if
Democrats wish to gain the sscendar
or the Republicans wish to keep il, Il
must hold and indorss such financ
views as will benefit the country. a
which the great mass Of intelligent Am
lean voters will accept as correct n
sanitary. Those attributes, we regret
say. are not possessed by DR.. Gordo
discovery and We must class it amo
other patent worthless nostrums.
Great Britain pays annually 81, OC
900 for dried bodies of the insect kno
as the cochineal, while another, pecu