, 1875-01-18
done thiH to largo degree. aud It Ia believed
that tho otlers wifi not bo bchnlhAnd


ADAM sM1rH.
10 tAe Edttnr ef Tia Chfraao Tt1b,trA:
CHIoAHo, Jan. 16.-Whilo recently In Wash
ton had tho pleasure Of hearing tho vote
counted on the Flnnnco bill, which contaua m,
froo-colnugo clhuse--ha far as gold Is concerned
Also provision that the Secretary of tho Treaa
ury should have silver coin manufactured ant
pa!d out at par for fractional currency mill al
Ia ret'eomod Subsequently mot tho Director
OF tho Mint Department, II. l.. Lintferman, vl.c
ia probably tho moBt thoroughly ly-infos1ncd mau
on coin and coinage In thfs country II not in the
world. Tho information roceivod from him on
these interesting aub1oces Ia nowhere to DO fountl
III bookB. 1Ia Ia in correspondence with every
nation on tho globe who produce And uso coin
As money. lie has all tho statistics that cas,
10 obtained, md whore ho Ia not .blo
to gel statistics, ho has oasimatoH
from tho best sources AZ to tho amount OF gold
! AMI silver coin III tho world.
| Iloae tlgiIrcs hhv0 to DO taken Of courao with
aome allowance. Ton to twotvo thousand mill
io'l, OF goiJ and silver coin, IN about equal uro-
| portion, H The supposed sum. Tho annual t,ro-
dnctlon throughout the world ia about ono hun
d:ei millions Of gold md eighty mliona OF ait-
voE Of which, amounts nearly ono-fourth la
Used Used for mechanical purrpobos. The United
osl,or nation on tho globe, Tho gold and Hilvor
now II. existence IL tin cleaning Of tic ,ylole
world from oil Lime past. From al 40 know, it
to-day is tho idoutica f}no .rn wciHhnd 5 eu,a tn
baisnco BY Father Abrahsm fnr Tin " caro aro
Of Mac11poal, aud Tho tidrty niccca ~
sllver that Jndas lscariot received for the
betrayal b ttag no Of .,o our Savior; One thing
caro- Of and Kept in e1istonce as we'll M 1t was
possible for man to do, and II In tile history OF
the world for AL time past, thero Was not but
creasing commerce Of tic world bo sunnlic,l
with coin tu conduct its buBiness7 IJnon rat1nr.
tion think can solve this prob}em. fsviiizo.
tion, education, and 1ollnonaeut will oyorcome
this difficulty. 0'S''''0
In tho tags Of the aucionts. vhcn p,vment
was made, tho gold was woIchod in tbn hn}nrca
and, wlon delivered. was usually nut iu somo
safe place by its ownor, and boarded instsatl o5
being circulated, aud 10 Ills day. IN many se cou,,.
tries, this is still practcod. As liz nations d.
vauced in civilization, conalenca wns n,tah.
lished. rs in tic case OF tho Rot1schiIds
tho ,Baringa, and others, who have their.
and by The uso OF excbcouer- are aba to
carry on all tho moro IMPORTANT commnrce ~
distant countries, without any coin. nr hut 1ttle
III comparison with Tho amount Of business done
adopted in thig country. Tboro haa hnsn ,apy proat
change since tho late par,ic pooDlo lad learnni
to do moro business with lesa u1onoy. throueh
tho means Of cheap and rapid transportation.
and the exchenueE.b;il avatnmt
This city has done Tho q jaraezt % mark tra,o-tb.
present aoaaon-in its history. and vii, fcas
money locked up than when wo dill ono-l,au the
amount, Say five years ago On this urincinlc
will we oaaily return to Hpccio-psymenfn. Wc
haya tho bost circu,ntinr nrfium IN thn ,ocat
toptlcr in anv country, and tho monent tho Gov.
crnment pays gold for eroonbacls. tbo
gold will not be called for. and tho Cav.
srpment money will then find It's vay to
other countries and NO will ho ablo to buy ten
in Chicago and mnrei,nptisn In rrrono ,r;tt
grconbacks. This was 90 in the daya Of tia Old
United States Dank and what has boon dono 90
far, since tho War aen educated thu Wnrld n to
idea that tho United States uoTolnmont'a credit
Is good and reliable beyond question,
1 am Of tho opinion TINT when tho Govern
ment cnmea to rot1enm tho torof t.,Jex. -, Ill