, 1875-08-26
RESUMPTION.
1t0" to H0tltrh to acknowledgements
Nish0sn DlfttGulty.

How TO RETURN to HpectusPhym cnts
| Nish0st DlfttGulty.
| 70 ths Edlfer Of TAs Clteaoo Tribune:
CnIcAao Aug. 21.-T4e plan OF putting grosn-
nacks gradually to pa. recently stated by 1ns In
your columns, as Designed 10 roach spcoio-psy-
tncnts BY jan. !. lA7J, without injurous results
to tLe business Of tho country, mud which you
80 fasotahly cammanlod uron. ia susceptible of
much fnsta1or discussion A. TO It's probable otroot
II adopted. repent what might DO formed tho
sraduH-enhancoment plan. or tts 4!1-per .cent-
bund-ro!enspsion tdoa, under which would have
Ercenbachs oanat to coin by Jan. |, 1879:
Frsf-ilehanptloh o! Brcenbacks, wheno4et
presented, III tho 41i-rsr.cont bombs already All
tiuriKcd, tm no aHfs'ess 70 b. paid before Jat,.
], 1870.
Etcond-lll groenbAcks. whonevcr prcscntod.
to be stamped " "favable In ~ -por.cout bon,ls,h II
Of krsonlAcks. and prevent any repeal of .he
abovo las by b,lhacqueht Legislation, without
Tic consent OF tho holders OF grceubacAs.
Third-Qroonbacks redeemed to bo cance1ea
and destroyed.
As any plan. oscn tho " "tlo-nothsnk," which
would perpetnate CTR itfedoemabIo currency.
Affects tho LOSSES aud gains uf individuals,
tako tho liberty 10 present to yn1tr
readers c!aaaiacasion of Tho proplc
Of tliis country, that they may
judge how change Of tho currency to coin.
standard: within thEeo and otc-thtrd years,
would bring "thn grea,ett good to tho greatest
fnuier." and Inv tnbgntcans wnnll bc tho
loHaes to the remaining minority Pcbple POS
HesAfn1--
tirri-No property.
arond;,-psoparty that Is tangible md unin.
cltfnbefnI.
Thiri-l'rorctty In cre'lIts, A. notns, mort.
gagua, aud acnp,Ins, oithrr froo Of hypo.hc.
io"rat-rropcsty subject to debit payable In
ftGh-rrorertY That is tangible, and subject
to dehtn rayablo In curIency.
II Is unT tliEH last class wlin chn possibly lore
by a retnfl to tho coh-haH,s alt otl,ers nil
gain. To what c1tent will ti1use in debt, and
who have onlv tangible property to meet such
dchtt, be tho ioAela, Tha maximum amount IL
CARLY obtained. yix.: Is rer cent or tho prtaent
golh-mcm!tln, sfittnbntcd over lcElud OF three
all! one-ttird ye"fa; or per cen: per annt,tn
or Of per cent per mouth. This will bo
REDUCED pro rata per month tie longer
thu tonn tlaH to n1n or can 10 ex-
tented bevo,M the thsee aud ot,e-!l,i.d years,
It *Ill DO reduced Tho Bll,ttsr tho loun wtakasor
could DO rayed Oh ronswh1S by prnhahl; iawsr
latcH OF interest tllun the 1oAtl ol inAlY called
for. M tho gradual enhancement plan wl cheap-
ell rates o! Interest, a. tnnuey.Ientlgrs will OBJ
tain bcttsr arsieln 10 pA,iucns In tho future for
h pEcsent fesB valuable ouo. It will also be re-
tlucod through prubal!s advance, dnrlug tho
COMING three nnl ouo-thlrd years, In mich of
their tangible mopsFty. such real estate, ta,l-
r1crned. and will improve in tho gono-ul pros
perity OF tito country which Will tako piaco under
At improved financial system. People in debt,
vim haso Others indebted 10 tlinu, would not
hhser, Al .leh,s and credits would balance, what
aver tho durfeuoy- -hasis. lilo imitation orRau
Inter Ocenn} claims tho loss would 10 not ouly
10 per cent on account Ut the debt. but 10 per
cont additional OH ACCOUNT OF lilo d.
elmo In the price OF tho dcbtorts rrun-
crtr. This 10 entirely etYoneous, tho rial,
ttuo palae dots not dccliuc. ana oonacouuut-
1y no loss eau take place. After srocio-pny-
meutH, a parsun's aascts may not inventory ss
many dollars, but the dolfara will be worin Is |
per cert more than tha p,esent paper oheB Lot |
that tho whslo wosId recognizes.
Il. r, C1tANDLEn