, 1875-08-02

- Wv @HtsoT4 t'tAtc7 NGEiHic Ab41sf ~
10 eoln weighing 70 b-lo trains Of asandard
Ho''' Hhy III " mol Pstd Ate VA Unable NOW.
~ ontihg tic Wnr. 10 meet tt!a obligation II
N 'o,o mo h'te does NOT fix tho limo IT pay
t"snt LUIS would bu no dctntihc by MI indiEtdu-
a III 7'''l 81 la". iot tho tourt would Hay such
"o'o "aA payable on de,naud. and conapc! h1tn
sopa'. Iho United alatea cannot be sued, but
u ought 10 be honest; It ofght to obHerre thoto
fhtca oi honosty that It proscribca for sts cti-
zc''n. Admit TINT 1t has the pownc.to ssr that
'no t'me of payment is quentlon Of public
Po'c5 but public policy that delays tho Jay
1nent VI anch an obligation after TIM nattcn If
aoio to pay he''outlY isnrairs the p,..llo faith
ana eesd an owl example. y:
another foaaon why thoHo totes should bo
'naoo e'l1al TO gold II, that lEse irca8ing poror
o. appreciated rAper-mo'Ior t9c;4ouds upon tho
caprice Of Apocnasofs. who pns its value up or
ao"n At Their "l'lfa Or inter"st, Every holder Ut
I'M" noto 'nds 1tH valtle daiIy chansing. 1t mar
DO worth " Er"'nh OF 9old to-day. and t'-1nor-
70" "a. 1t ts like movable ,as'i.tick, OF a
chaneoallo ton, or short aero. snrcy. \
promise depending on tho faith of a Crrat nat,on
iiko ours SHOULD DO "a ut,cl,nuce:b Il. to h,.t
ro5 cnir cyor j..ued Yron IN, ,,,,,, ''"' 0s0'
u ..,,.. ~ ''
Henfu' pstuoF's WIN "ach ht'fe TO n lnborer
Tor his h1c, or 70 farmer for lnr erai,. III Do
lunton. It calls itnof do1la.. It rTomtHc. A
dollar, Tie United States promise -, ,.. w.. :.
n ,,1,.r ,,5 ~ f. r,u ,,,t,. tu. ~ p~' 4"' ~
- 80, 49, ""' a. i'''el an CO
eeu.o =" 1e"i ,"'""s ''"Pp"se IN purchasing
po*es "as made equal TO co'n' then thodsception
would cease, aud the latorcr or fat1ncr re,1d huv
aH tn,1cl, for Is ccute "A la ear frr 1,,,r ,.,..
The Initial s,otoa would Lnra ..1e "o"'
"o'''o ""'o tcaeemta it4
p'"n''so' Aoo ~ "'e'heh 1snoHacs'o'a would
Tcst upon teal values.
Eut IL ia said thin noto is good. 80 IL IN. rofd
t., ray taxes for tho taxi,, norrr ,,.re.. ~,
II an t;,o a, mn r,,ror 1aaa,s - .'A'
"s.1o te"'' ees",e" s0"s ~ Ehal' TO
'oea!''oi'oef III payment OF debts but would it
not 10 bcstor 1t it would bty LII much wheat, uni
corn, and clothing, IA gold II Nou,d then l,o
eood ior all nnr,,nsr. Th.ro !. ~,
h,,n,, law. i, g. -. ..,,, ~ .'"'' :"
,'"''''' 10" " "a ~ s"'"o ~ sol4' Or "t1fat Or
lauof' OF ciotuln3' ESoftboay measures its de-
Erecial,on daily. Willis il iH good tn lilo ucnxo
thst the Eutel Skates ia ah]o n, nav # II mi
cno,, il, Tim .cnao +hot ,ho rr,,.ad ...... ,
p. - :. 1s'o 'A"' 'A' ou'teu ',t"se" oots
~" psS ~ nccoFoins 10 FfohHHe' Gov. Alien
said tho otlor dag, 1t Newark, lint tho United
Staten note mud United States bnua 1ctte4 ,,vn,,
tue rano bass. So they 10. hut tho L"nd nJa qrsa
upon promise duly I,orfurtuel, a,tl lie note
upon PROMISE not tpprfortncd. Tho ;r,,rr,,cs
ii IL per cont. We rish u pace the nytr.hoIIer
upon tho bamo footing as t.a l,t,ud.hoIcr, Ly
U!HHlIlk Our Ef0tulEa k4QI III U1El, IsJf n
ID per cent lesa. Tho guratiou wo have to deal
with H. aro wo now roady to r,,tc. upon this n,,J-
iGy Of honesty, OF equality lotsccn l,otr.hpfl.7
and bond -loider tisa Policy Of good 1no1,oy
uatlcllal money, paper md goisI, sGilai to cash
otlor, aud worth what it pyonlses.
oni;crloNs 4sswEnEp,
Now. foE!ow-cislzons, w,,s. nre lilo obsctious
to .his pulcy2 Thu tirat and most o,I;i,us i,
that existing t1ebss aud contracts based u, i,
Deprecated [,aper~,npnoy would bo ,Hlyn,,,;,i l.,
Ia
Without notice or time for preparation, il vuud
Lu wrong hut, II reasonable tiLlo il given. r<1,
ttaetH nill bo adjusted tu 1noct tn, rhap-,,
Eenrly eYory one is II creditor m wrl1 ~ tlrMnr
aud ,lobtn ,luo yun will Lalanco what WI, nrc'
The a.lyallcu toward a s,ecls.nta1niurt would i,o
80 gradual as to 10 j,nurycev.ii;u. Tho tMrtna.
tons IN tho value OF uapor. money lIaye besn IN
a Hiuglo year ulsro tlla the t,ie.o,,s ,l-nrr.in.
1iou, md ,os We allow fuar yenrs for tho ciauro.
When tho noteB wero tint Issued all cpu.rnuty
were payable In gp1i. Ilo crtllltor had to urtIer
a ,ard ictruciation; but, s:uco 1sGo thoro las
been Gradua! appreciation of uur c,,rte1u,y. Iy
Il WiHo po!lty wu could long siI.co have rcarl.aI \
sp eco standard; but, By icaho Of ,lls ye,v jrar
nf debtors. wo tMlcd 10 talto pro;;or meaturon
leu years have saEt.d away Ei1lcc Inc clntu nj tho
Var. aud still arc II PER cont from thu roc;c.
standard, md haya bccn no uo. Tor tive vears.
Shall tlia alwn:H cotst,nue :? Somebody wl.I ri.
Ways be t dobt. All e1lHtug debts Ara based
'lton the no%lcdse that 9o must reach rpecjc-
I,oliuy, and gvo l4ll notco ri tue tiIao au mau.
Iler Of Ie:n,nptiou 7 Viii ucbts t,uIjlsh by
postpuuin2 llllneaANrat'y tho time Ho kuuw
thoy will not. Would you a.tol,,s tue is,l,,oss,-
ble feat Of scaling tho debt according 10 tt ysuo
Of thu currency When It waB contracted: Tas,
though oftnu rroposctl has III otteu teen rs-
fcctod III inpract:cablo. The ouiy uolicy in Il,
svo ample ti,no n,d ,lotice, no that debtor mud
,rclitur may nu inst their obligations anti tl,un
,traslily puta,.o that policy nutil yuur Unlt,i
4fntA ~