, 1875-09-22

struck the keynote to tho great need Of tho
country. Now that tho tiulu for nominating
his successor approaches tho great mood is Of
n different kind. We.1eel facts,-iacts on tho
currency question. The people ,nay be re-
lied npon to decide the caso correctly, TO vote
in favor Of honest money, provided the facts
arc fairly pnt before them. Tho great
danger is that they will lake bold assertion,
repeated from plntform to press, M stntc-
mcnt Of fact, and will M bo led into error.
Chief among tho initiation orators of this
country, the men who rely upon thoir imag-
inntion for their facta, and boldly assert
what 4 modirum OF study would show them
to bo untrue. is A1r. WENDELL PHILLIPS,
Tho letter which we publish elsewhere, in
which n candid and courteous Scotchn,an IL.
views one Of Mr. pII111lps' outponringa, onl
riddles tllo fallacies which nro theroin put
forward Ms facts, ls refreshing reading. Tie
Boston orntor Bays:
England never know mora prosperous yoarA than
from 1ato to 1890. during Which time rho neither hud
Hod nor wtaheL to hare 1t! nor promised to pay gold
10 any ono whatcrcr, I1cr enormous tra,e and c1-
pendlturea were n,1 paper, and ONLY paper, resting
ereIt, and nothing CLIO. In 1e2o England, yielding
To aioorIas and rcamcrs, tried to put thta new vino
Into old battles, ami! draRged her business back to
methods century o'a-.o srods and bankruptcy.
Taking this OF his text, tho writer mildly
remarks that thiR picture is q pure foat Of tho
imagination. In 1Si4, 90 English hnnkH
failed. widespread wrctchednoas followed.
The debates in the House of Commons wcro
full Of tho want and WOO Of tic pcop}c. It
was asserted, md asserted witllout contrndic-
it had been aimee the Norman Conquest A1r.
VASs1TTAEr moved, IN Parliamont, TINT the
Bank Of England notes, then passing nt q
varying discount, &Houd be equivalent to
coin. BnououAM added IN amendment that
two and two should mako fvo, aud tho orig
innl motion wes laugled down. In 1919,
specie payments werc resumed. Confidence
was restored and trade revived. While En-
gland WIS in terrible straits between 1900
aud l820,--tho time which WENDELL PHILLIPS
calls her era OF prosperity Scotland was far
better of. Tho notes Of hor banks wcrc
convertible into gold. They therefore
circulated without fuctuation. On ono
sido Of tho Tweed thcro waa
deprecated currency. business embarrnss.
1nent, aud general wroteholncss; on tho
other, a stable currency, fourfsline trade,
md popular plenty. This ceao fnds paral.
lei on our continent at tito present day. Can
ada has sound curroucy and sound business,
Across tho bortaer.linc, wo have m unaound
currency and unsound business.
To this cause aud to the tariff thu zorro.
snondent in question. Mr.. srrpurs Ar.xoy.
riphtlv nttrihntes t},c tonr continuance ~
our hard times Ho points out that Enolana
now n,onono1izen ths market. of tbo rorl1
bccanse onr h;cr ,ariff nraven,a onr mo,,,foc'
turcra from cynort;no , t;tha ~ ,vhot ,boy
wonl] nnfler freo trai]o Th;s sootoh,non
hits tho mil on The hand when he aova :.
| !. VIII fra. ,ro,1a vou u avid v,,,, uoon H.
o,r mos, f,-,,;1o,1a aoJ ,ooroe+ ao,,,,o.;te. 49, ~ y
..:-.-.:.. --.--
THE sECRETAnYaH1P or THE INTERIOR.
Tho question, Who will DO tho now Sec
retary Of the Interior? is beginning to attract