The Lambertville record. [volume] (Lambertville, N.J.) 1872-1968, 1875-03-17
.LAMBERTvILIE, n j. wEDNEsDAY. MARCH II, 1875.

= a - AZ
,d ,o,. ,,of,s. .s;s ai,A - +,,a
t,a t;elS ~ hatt,a sa,i, h,,t .as ~ -
led his his, comnanv tbro,,o5 those cos;,,g yea.s
80 ,.,.,;st T,ss'4l,, ,s J., - s:.ss',s ~.
Sfas;,s,s ~ ~ sv
~ he lorad b,,ae 4, -, =,
hi,,oy3 ,<so;,,o :, ,,,,,,tal s,,,,,d ~ b;. ;
\ VIII ~ ,at,, II e ,,a ~, ift t1,. s,,
~ ,,s sr;tl fi;,s,r ,s;l * 49, 81 ~,
,ya,,tis ,,at,e ,,,st hsra sae,,,ai l;rs az. .s'
cane from = horribIe dram Trhe lady II bis
i.,s ~, ,x.a;taa T 49, .l ,;i y .'.
teJ IA, ma. r -, MN ~,
Har lttla earn;rrs as tracar ,ya,a ,,,,;ted y,
lie ~, tat hs,,d which sh,,,,,a n;te hsa. -
\ and means and n,,rnosas Mar ! ris;nr Wesfs
arm c;tv thav selacted tba;r hnmh,s hnnss
nlaced n II their little ucans and gave . mort
r. 80 s,r Tho e.,,.;n;n M 49,,
e Fiat oa ye vera forcl1sad ~ ,vh;ch thav
are moi w;fhnst faar THAR lttla ali the "a ~,
;ngs Of vear,s yvoul,l he s,yent awav yo,, 90 =
thev should not have bonoht 81 Siob. Va:
wisdom after events Is chean !. bnt how did
thew know that Inc covernn,ept. would desert
them And If Investments in land on which
ono half or mora Il Maid are not saft ii Heav-
ems name what ;sp This i not an ;solated
ease Tbonsa,,fs unon thousands througI,
The West and South. and even in the Fast
have thus suffered
For. notwithstaudno these great additions
to business enterprises which reunired more
currency to facilitate them. notwitbstandinr
that tbe ;ninst;ca done 10 can;tallsts NJ the
commepcement of the war had been MANY
times repaid notw;thstanding that GOLD had
a,raadv fallan th,aa, rnmrths ~ tha 55;st.,,aa
which senarated n from a ma, With cnrrencv
with no reason to sunnose That II wou,d NJ,
reach that par without contraction. notwith-
all this onr government Inv various d;rect and
'sA eAAios cNA SofCkutfSae w foAtouS SoV duu
mount and annrac;at;nfr tba valua IF fbc o,,r
rencv' ''ff' vi
And Will, that a,ccass tho natl, ,vas onenad
tn !, tnanc;a, crasb For as fn fo,,,,er t;,,,as
fba naonla had now a cnrrencv which yyonld
mi Ia, ., - - ...,s:.,... a.
IN forma, t;n,es ttay wera forcad 70 srn,la
$500 - H., .,,rss,,,,s - ahaorss t;us -,
h.,si. :. a.,,.. 49, s;t, 49, 5;ses.. Gnu
n.,ns $500. ,is 80 .,s.' T.,
- rI.so a;o'',s. u"a" "'o az. ~.
.s .s"' .otad a. ,,.;aa, -, at;,,i.,,. .a1
pe s,'l's ,,,s;.s .,,s ,as. a..su..sss.
III, AZ $3.50 arstoarat;ae o,,n.o,,a ,c ahs,.,'a
o.iy W. s ;''.ss s,
' md st;n,,,ata 10 e,e a,'s ,.ora
s,anniIot;ra nntsrnr;sas Honcs II IL thot a.,
IT,, = t,,a as,,ons;ap of oreanhacLs aud can
traet;on of rred;ts NJ tle ,ra. ,or;od soj;d
,ss:.sss ;.,nanaoa ~ sr,..,ta,, ~ 49,,
,a s' na .,,o coatr, d,;,, ~
t;'',, &c raanhacSs nd ns;o, of cre;ts
is., e.issis..,ss las.a ~ ,,a,,tt, s,i.,,,,ss'
.,s eaS ~ AZ, a "
s,,;.s Al ,at hrotars and ha,lsrs da,,,an,,
eo..a nat;sa,,,a,,t ~ e,.aa,,hoc,,s ,vh;a H.;
y s,a..,s. ~, III 1000, ~ tha;, s,.a, d.
o,,,",,at of o,aal,s and c,aJ;ts T. 10 tho al
e,hlo. the ,rnif aIthonah stana,ag farther ~,
-. 80 t,as a. ;n,,,saaSs. Ia,ol sr
.no a., ata,s vao aso',sa - da,a ~.
:; ito'oA'ss sn0 ""'e.' . ~ VA ese''S " 'o''
p,,t nc formally the fa;lure of a few n,;vata
;i;,,;l,,a1s a,d c,rno,ations strnc,, -, a
s'as. ~ th;s s,,n,,ama,,t.l 49,,
ssa,,so5 s;nanc;ai crash R,t ami, Nth a
s1,sarance ,yheraas in Former cr;sss c;rorlat.
,,r ,,otos She rod in and hiohteued the iack ~
condolences. in the last the decried and scout-
~, ss,s,,,,, .rs ~ owe cIa,,ere, f,,, NV ti; AZ,
drcers ri cheek the storm And an increase
of currency which had been repeatedly denied
A., tba manly demands of Western agricult,Ir-
;sts and Ia stern manufacturers was oranted
70 the hlnbberinos of Wall street bankers T.
Tha fnrther cor,.se of the crisis differs but liz
flo from those which have preceded IL. The
destrnction of n mass of credits acting as cur
,encv nrodnced AS usral. a fall of prices. De-
scana,ng nr;ces strinped producers of profits.
and hloel Ell the wheels OF industry. Enforc-
cd aconomv among producers and laborers
unemployed or on lower wages, checks de.
mand for products, and still further, lower
prices. But say some let laborers accept still
lower wages, and then production will go on
at a profit. All not that way deliyerance
lies Suppose our laborers accept at last the
wares of the English peasantry, and content
themselves with brown bread score of times,
and meat and other luxuries, once week.
Where then, farmer, will be your markets for
your butter your fruit, your pork or your
s,hristmas poultry? Where then, manufac-
turer. win you sell your pile upon pile OF
goods. your carriages your tools and your
wares. that the farmer and laborer are too
moor to buyP Mol it is not by decreasing the
means Of the mass of the people that con-
SUMPTION overtakes production Countries Of
low wages are i'll a chronic state of over-pro-
ductiop. which is only another name for
wrong distribution. Two things and only two
can bring relief Either the currency must be
Increased until it affects prices; or else produc-
tion must continue to decrease until the pres
emit currency is abundant for the needs Of
business. A reaction of prices and revival OF
business will then occur, only to receive an
other fall if it meets the checks Of a law or
gold bound currency, But, say some, none
Is already abundant and freely offered at 10 "
rates. There you mistake. Money Is not
abundant or it would be offered in Increased
,,,a,t;t;as FOR houses and laid and troducts