Pioche daily record. [volume] (Pioche, Nev.) 1872-1876, 1875-10-06


To the inhabitants of Iowa's fair Cap
ital is to be awarded the proud distinc-
ton of being the first who ever had the
pleasure OF hearing Ulysses deliver a con-
nected and Ineligible address. On the
10Th ult. he said among other things:
Ii We are to have another contest in
the near future of our national existence,
predict the dividing line will not be
Mason and Dixon's, but between patriot
ism and intelligence on the one side, and
superstition ambition and ignorance on
the other. In this centennial year the
work of strengthening the foundation of
the structure began by our forefathers
one hundred years ago, at Lexington,
should be begun. Let us all labor for
more security Of free thought, free
speech. free press and pure morals, I'M
fettered religious sentiments, and equal
rights and privileges OF all men, ire
spective of nationality, color or religion.
Encourage free schools, and resolve that
not one dollar appropriated to them
shall be applied to the support of any
sectarian school. Resolve that neither
State nor nation shall support institu-
tons save those where every child in the
land may get common school educa-
ton, unmixed with atheist, pagan or
sectarian teachings. Leave the matter
of religion to the family, and keep
Church and State forever separate. With
these safeguards, / believe the battles
which created the Army of the Tennessee
will not have been fought in vain.
There is both sense and truth in those
utterances, and also foreshadowng
that it is his belief. as we'll as many
others, that a religious war is impending
and almost unavoidable. For the CON-
mon cause of humanity, progress, social
unity and civilization it is to be hoped
not, yet the present indications unhap-
PLY point strongly that way.
CAUSE AND EFFECT. The infationists
now say that resumption will produce q
panic. They argue that resumption will
necessarily cause contraction of the
currency, but even granting that it does,
that is no cause for panic. The world
has not alone turned around and around
for the last hundred years, but has also
moved, and one Of the moves has been
an almost entire abolition of the actual
use OF notes or gold in transferring large
amounts. A New York merchant gives
his check for seventy-five thousand dol
lara navah1a 10 arIar I,a haI Al, A
to the bank on which il is drawn, has it
certified, indorses it, and that check NAV
be the medium of series of business
transactions involving five hundred
thousand dollars. This is now the uni
Versal custom in England, even more so
than in the United States, and though
her financial transactions are unequalled
in the world. yet the actual amount of
currency in circulation is less than in
this country. Again, the contraction of
currency never produces a panic, panic
always involves scarcity of currency,
for in oil financial crises every man holds
on to what be has. Those reckless as.
sertions are knocked down as fast as set
up, and it is to be hoped that the Ohio
inflationists will, on Tuesday next re-
ceive such rebuke at the polls as will
efiectually silence all such folly OF utter
ance.
Some choice reading will be found in
this mornings dispatches relative to