, 1875-11-20

hclis Tho people want them cleaned out
root and branch, and ropeatod raids like that
Of last night will do it.
SPECIE PAYMENTS AND TILE DEBTOR
CLA33+
Wo hnvo already presented to Our readers
some general observations on tho wisdom and
justice of .1isarming large proportion Of the
people Of tho strongest objection they enter
tain to n return to specie payments. Tho OBJ
lection comes from MI honest aud Intelligent
clesa of people. who hare contracted dchta
ranging from $4,000 to $4,000, which debts
ltavo sevcral years yet to run, md which tho
debtors hopo to hnye the opportunity to pay
in deprecated currency and not in specie
values. These debts they insist were cen-
tracted when the lawful money was at dis
count, and. though they concede that tho
power and the duty to redeem these notes
Mt par mud to retire them hayo
always existed, and that MI contracts
vera conditioned upon those circumstances,
they clnim that for tho difference between
what they got for their mortgages and tho
coin dollar they will be coupelled to pay
there IN want of consideration We do not
propose to nrguo tho legality Of that claim.
We wish to call tic attention Of the friends
If snoc;o novmou,. tn t1o ract n. n ex;u+e that
tho vast boi]v os mon s;tu,tcl No t,,aso ara-
nna va ;,o not ;nc,ula o,nnn,, thon, TIM ,,roken
and bankrupt spacsllatora--.lo oppose md
will cont;uuo tn onnoso anv sc,o,no NJ re.
sumption which takes from item tho locol
riglt to nav their past lobts in money which,
WIS lccol whcn tboa, lobts wcro contraetcd
Anart from tho stronc cou;t;cs of .ho coue ,ro
do not believe it to h, viso policy to ktcn ali
these 7,cnnlo arravcd ace;est /, rcetc,,,;a,, of
snecio naymonts. cspec;a1ly NJ anecio NV
pent. ran Ia rosumed nj nnv ,iov 1,v m
Arrangement which will loay. tbs couit;es of
,1c.tors md crod;tnrs undistur,,ad
1u tia tirst n,scc. there cau bo no snec;o
nnytnents nntii tho poper curroncv caasos IN
i,a n 1eue,.tcp,1er for new coutrncta THAT
must ston Mt ammo lima anil Il nav mn wall
stnn now nc nm. two mr. tan vear. benco
Day aftcr div. wa are po;no on p1inu IN
,lebt upon dol,t npd contToct nnon contract.
viii, scen,;no inf1i,fcranco In tho cer,o;ntv
That thero ronst In dnv wl,on sncc;e INV.
montu will fall unnn us nv ay ;norora},,o anil
;ucsea,,a,ao fnrt. II mi, m.ho m 1;g,,enco
10 either crcf;tors or t1obtora N far NJ erist-
;no 1obts aro concerro, II iii no,v cor+raota
were mn,,o pavab,o In uo1d. For that .yent
nj, ;nte,l;pont md horcst n,on oya ,,reporc1
an1 co,o no,h;no how soo, II nav In nufoh.
lisbefl Thu creat o,,tcc,ion IL in ante.dat;uy
xnec;o nav,,ont on1 ,,,,;n, IL o,,,l;,o,,1a 10
tho dei,ta ,f tn, nast wr;tcr wl,ose 1ettcr
wo nn}1;xhed ao,no dnva NM ohfoctoa n
orvth;ro lcsa finn nm ohs,1nta ronn;ror,art
,tot nj, ox;st;no 1o1,s ho mid in co;,, In.
oauao ,rei,;tors who hol laaro;1 ,ho;r mi,
,,r;or -, 1ura ,a1 han, .on,x,o1,o;, - .o1,o
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'"1,"o' W. taoaa n'e.1ns 'i'e1n ~ phy ae1.a
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,eas' ,, 'ano .ne p's.oo - r .!o eieenoacks now
'osA.a w 10 'e's'. .c7' Ano oSis'ue5 "o"'a
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aa'' ;s',%, ~ pa1 ~ rHs"en' u ~ l'se'ess''-
4as ueosS' nna m a. 'nS1F 't.'lo IL INC pafotase
w. w., 1as @he ons'nesS o1 'no country "ou'a
so.,.;"'" ~ s..so VI WIN seat 'a.oes ans1eaa o.
''1 =. ma , oaes' instead Of b"y1ng cloth