, 1875-10-30

tl,cao Cincinnati Rnn,icmcn presented htnlFnlt at
tho Coulter Of t'iis bank: ON mnsning. WIZ
Bafr, MID showed lilo gcDlo'nan tho coin, anu
ta!l to him: ''We hRvn n circulation or 5luo.-
tth: tho law says wa must korf 10 pet cont lti
coin OH tnnf for reclamation hero It tF. at'ti
homes., in his way he knew, I ho paid ont !1ta
coiu, lo wouldn't hGvo 1t. The shettH was
Casl,icr Of that bank in two weaks, an1 tho town
has not had 'spccie "~ltsnk eiaca,
Tic fact Of II il. no lRw can ho devised to
govern banAs which will no. be violsted. Theta
ato preciltls few bnnkH to-day which do mol Eio-
late some or MI Of tl,o vital provisions Of tho
uAnking nc*.-hniuatlmon ignorantlr. sumeltn1es
Intentionally. Il al who asnumo tho duties OF
Presidents and Caseru wsro honest and pfu.
4rt,t baInesa.rnet', they would make good banks
uitto,lt any law. There would be no necessity
for restrictions or pcnatica. An executive Off
eer at a bsnk y law unto himself: lte 'a IN.
dependant Ut Tho law md acsa eofc1y for tho
l,niolit nf lis stockholders aud TIM public, or
lust I'd l,lH rsrsnnsl interest OF cuidty may d}c-
tale. lic III 10 better or no wurBo than the Nv
rrnse merchant or businessman who deals at
lis cuuutcr aud It is folly to suppose that tEo
law " at all times controls hla notions.
Il Ia hardly necessary 10 further illustrate this
itioa Il, n city w!.eye, = ehass tsnse at"co,
ilourlshei aud tadod such hrIlianE financial red.
ligIta as tic "0seat l,aukor of Iowa. and the
J" ]uss-hinlles." i. N. q.
noDY AND SPIRIT.
10 Ehf fsdtb5 pf hG lH4f44H &f'p'tt
CntcAuo, Oct. 23.-lIaving for years read
sour ucvor-unintc,oetipg paper, and a,ways With
admiration OF its strength and esdqucnce, II not
approval OF its conclusions, I now feel towards
you as ftiond who wishes, when sou are
wrong, to act you right; and, therefore. send
YOU some now. correct, mud oloyAtinE ideas on
our currency.
Tho position taken by you upon tllls aubJcdt
SURPRISES me, no less than tho armncss with
which you maintain It,, /, therefore, conclude
thas yotl arc honest in yonr error, and do not
reaitxo that you are battesiug osanRt tho ever
lasting hills when you striko tbs Grconback. OF
anything else tssel m public credft,-tlat Is,
zaith. ..-
! money, because 1t costs labor to tako II IRON
may bo mado jouel to crafty vanity; but re-
| fnso tho grcsnback, becsuao 1t costa no labor
| sud, vlen not current, will not crafty van.
| ,ty, but exercise faith. Th1e you geo, the first
whom aro constantly putting It nway. crying
"All is vanity" and no law can prevent them
| But, II sich wore not the caso, tho baao Is pad
for vanity Is OF Batau, --thereforo. shnky. The
latter Ia founded on public faith, Col,tonplatt
| it,-not ono mans or woman'a vanity, bus I
| groat Nations faith. and that protected by !a"
| IL not the faith Of forty millions, ccnonted By
lovs and bound in BY Inv, moro holld fouuda
tton than tho individual vanity o1 % many
shifting with humans whtns7 But, besides
faith IL Of God, ,-thetofore, soltt.
Now, confidently inquire, is not tho FOLD
| basis 10 tho grconbkck as hell-born vanity T.
hcayeu-boru faith? Thiuk Of the superiority o
srirlt over body, mind over matse',; anu thet
consider that gold ia dearod for Its body, th
grccuback for its sririt.
rhls il vuat I catl "bottoming" arguments
and, when applied to both sides Ut the question
It ucYor faiia to uncover tho mont concealed cor
cluetoua. You see that no aavo only to trnc
mattera hack TO tho two Fundamental cal'ses :
Tho Almighty and tho Devil, Ito ba aet right Q
any subject. Yours iu s,aste, 1srLAr1oStsr.
i. 81 might also ask II ErocnbsckB aud re
Ns!a,. erc less dezirablo becauae they may DO la
'.without money and without price, l.