, 1875-08-22
THE FINANCIAL QUESTION.

that the financial measures which the last Co.
gress passed would remove The money auestio
from the arena Of public discussion: but. Will
: those measures were evidently wise aa tendin
in tho direction Of specie-payments, there ia n
longer doubt that the finance question Ia II
the great, absorbing theme before th6 people
It IL now certain that:as soon ~ Congres
meets, the people viii demand further legisls
tion upon this question. It ought to be the an
Hi:;cc aca 5rand purpose Of the Rspubllca
party to settle this question in Congress nez
winter, To do this, fragment Of the Demo
cratic side Of the House can be depended upo
to aid the Republicans in passing such meas
ures ~ will insure the early appreciation OF tn
greenbacks to goli-par; and the majority Of th
Senate, as well as the President, will certain1
favor those ,neasures.
Before Congress meets, therefore, it will b,
tho part Of wisdom for tho Republican party tt
mako m earnest and uniyers4l effort to aaeei
upon some common grounds OF agreement as tt
what particular plan shall ba adopted by our
fEends in Congress in the adjustment OF this
question. Nearly everybody now agrees that
| shera should, at this time. be no practical cou-
traction Of our volume Of currency, and the Gov
| ernmeot does not contemplate any indeed, BY
! the showing OF The TRIBUNE, it seems that
! there ID slow expansion in the volume Of our
| money. The rea! question. then. for Congress-
to grapp!o with, Is to discover rational method
| whereby our greenbacks will appreciate to gold
par, and thus BECOME as good as the best money
| OF the world THIS condition will honor our
| country. Our Republic now stands amongst tho
6rst nations Of the world In arms, in letters.
lo genius OF invention, 10 universal intelligence
in the climatic advantages Of practically all tho
zones, in the possession Of natural boundless
wealth,-there is not another nation of the
whole earth which exceeds Us in all Of these, and
there are hut few which, equat us in any. Our
country is grand. noble, honorable, and
honozed in every. hing and by aE m4nkind,
save in this trif.ng pitsance OF it's
small floating debt; and the only reason it s
not honored in this Is because it dshopors itself.
In its great bonded debt Of billioos, the world
bonorB it, and Is glad TO purchase its bonds as
par With gold; but. when Its comes to .s small
sum OF only htt!s more than one-slxth OF ita
bonded deht,-ta greenbacks, world DIS
hano:s than, and degrades them far below gold.
This fact should sting the pride OF the conutrr
We are honorable aud great in all saye thin
rr't1ins and bsllstGns faot aid the fao. thst tns
people are now 80 earnestly discussing this
proves that they are not satisfied to have this
disgrace rest upon tue country much longer
just how much will it take to wipe out this great
nasi"nal dlshonor about little thing II NO
aav that the Gnrsrn,nan, wnri4 anan, ~ rntn
~, 49, c.nt 'nta.as, ~. oa@:s -" 70
t},;a an r. o,ld o,st hnt a,e noa ~ ~ guy "
our Ereeuback5 to PAIL su n not greater than
the Democrats would steal IN one year in New
Yo1k CITY.
~ s.nosns.s. os W. pens'o1e p'a.n y. p1l1g"e
n.nt n ha1r,w o,i snd r.3aa ~ .hn ~ oo,ein neu
for doll,r rh;ss s,,ta,, ~ ta .; 'nem ao.la.
tha srasrn.cHs .o,J .s,ss u.ust paau 10 w. mahe maze
sn,fd .non hr1 ~. oeoe' tnls
40 ~ ha,aets e. So 49,. ~ -: anu-
ore.I comn.red with tbs srae az 80
ess It would aunusv cost tie t;ovsrnment -. onr
..t i; Tnnaasa, 10y eoes .a@ trosalumen' our
ts.a ~ toi ss,h os ao.;n 1 euono unt nesl
Cnnz,asa cnn - ,tar III tars ass ~
,r;"ter 90 III -.a.n .A ,. sano 0uso as.1ou tula
frnn tta st,nd;"r d;..,saa -. ~ sne e1"usss
rancy TIia ~ no,icv :, whic,, III sca' ~ ~
,ssue IN tha Rannhlicsn nartv' c.n sgraa Tha SLa
n.ca1lsd .,pn;a.s ~ vh,ct t1'a
I'm a9rsa ~ ri. noI,c4 hacsnss ~, hs "aes
II vii. v1thin . vea2 or tw, h; ;rn onr nsna-
money to coid .par. without contraetinr tba po,.
nj ,id - the vo,nnoa ~ n,,r ",roaIat;an aoi'oA
Nance 1arre a,nannt nf snec;s Tha n,lon~
;s.s can spres To tbis norv hacan.a + iii w.
Lan m snecia-n.vmanta "'A1 A1o~
This policy contemp ates tbatthe Government
.ent creenhacks tnarafor -, na nd e.. anu
bonds ehnnjd c;1cui,ts ~ amrraaa @ 'as. snsae
tially tl,ia il tha nlan snooaataa h. T.v To,nrnr
,orna month. s,ca. a..ir 'n" ne}s u 80 nInuSA 49,
II nm nownward ~ s1n az s9o '11Tgine' 1T
hat these bonds would be boarded for .e;r in
crest, think that tha people would soon ao-
lulfe tue hao1t OF fasslng them flon llau4 to
.aax, ~ n!en ~ a1sow*"ce tof accrued Interest
yere small tha interest wnn'd ha ~ imdncat 1ao
o bold them. But, without going into dat,iia
hope 10 Bee our writer's on the financial qnes-
ton ' discuss s. me general merits OF this plan.
ars :. .1orabin nt;sas ~ Msu*gesteo ~, nas oeen
rithout dnuht it il favor.hI. sotar.a;n.a 49, ~
aauy Of our party-leade1s. 1
What is wanted noS, and Whist must be at. |
sineu uIo oeIore congress- neets j. 4 wen~dedned
ose, i.,1 VI p TO-. 10 "o1k TO- !here can be no
rged asaipst it, And what IN wantsd ia y ~ t1's
resa and leadera of the patty -ronphont H.
'hoe country to reduce their treatment and
lltlnes upon thls SUBJECT to method. OF the !,
"a uoote4 p'aus usReseed 70 b1ang our paper to :
as, uone seems so RATIONAL and practicable IS | !
lat suesesseo o7 He TRIBUNE Practically, it !.
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