The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1875-06-04

manifest truth that the country is in
gr eat distress, and that business IL al
most dead everywhere, there seems to
he nothing tangible. We know that
whereas the people were all happy and
prosperous when the volume OF cur
rency was over two thousand millions,
misery want aud commercial prostra-
tion now surround us on every side
We know that then hundreds OF thou
sands of immigrants from Europe and
Great Britain came pouiing into the
country 10 aid in building up the fertile
empire underrhe rule of the people Of
the Inited States. while now almost
every ship sailing from American ports,
takes back TO their native soil thousands
OF disappointed foreigners. The hard
money folks say il is because we have q
paper currency that il wc had gold and
silver coin for money. everything would
take new yigor. and in order To return
to specie we must withdraw "a couple o.
bundled millions more from our pres
cut circulation. The men who are go
ling back 10 their mother country bN
every steamer. tell their friends ia
,Fatherland that tie reason they hav,
returned empty handed. i because the
! factories in America are closed: no
more railroads are being built: Lalf the
industries Of the country are p lralyzcd.
aud that the reason which has been Civ
zen them hy the employers for thi, stag
nation, j.. that there are no buyers for
their wares: that the demand is moi
great enough to exhaust the stock on
hand for a year 10 come. Here H. a
wide difference OF opinion. lt is the
view of the theorists in finance. against
that of tha practical man OF business
Ii is the opinion OF the man who leud-
money, against his who !, compelled q
borrow. II is n conflict Of views be-
tween The man who employ their mon
c. as power To aggregate weallh IN
the hands OF few. and those who.
while intent upon building up their OWL
fortunes. contribute TO the prosperity
and better condition Of their fellow men
The country must meet the issue fairly
soon or bate, ani there j. every indica-
ton that the money question will over
shadow NIL othcr- IA The next lresiden-
ltiai campaign. The expansionisis. and
llho.e in favor OF an indefinite poslponc-
I'm mt of n return 10 specie payments
'will hgvo iAc advant-gc Of CONTRAST =
lihc results OF the two theories as Prar'
lticed within the past fifteen years. VIII
an inflated currency the country wa'
prosperous. and pove.iy and ihlcneS'
wa unknown. There was plenty OF
work Tor everybody NJ good wages and
llanicS were unknown. Hundreds ol
,mil-s of railroad were built opening III
millions OF acres og iertiie land 10 ihe
enterprise and energies Of the thousands
lof immigrants who locked to our shores
People spcnt money freely. but they
made II easily. Prosperity was so gen
ler.i aud widespread. thar even the hum
iniesf laboring man could afford 10 rulii'
waite ne crude taste for Identifying and
! refining his surroundings Information
was eagerly sought aiier for the igno,
rant and iiuculiivated discovered tha
money could only be- blessing Il
those who had the intelligence and cuI
lture to know how 10 make il 4 uscin
servant. TIE country was on the higl
road 10 that era, which We all arlcntl'
llongcd for, when plcn shall he Judge
. and assigned their places in society, ac
coiding to their moral and intellectual
worth. instead OF being measured bt
= the length uf their rent rolls or the aum
ber of ducat. in their purse. Cenirac
ltion changed all of this. As hundred
after hundred million was retired from
circulation. the Old system, making II :
lite toll for the many TO keep body an,
lsou together. was restored. every mo
mont devoted to the requirement o
knowledge or the cultivation of the ii
ner qualities Of the heart and mind
represented so many cents, taken from
the meagre earnings Of the days labo
necessa feed and clothe the family
The many have become slaves Of th'
few whose accumuations are mad
more valuable and are more easily mad
10 earn interest, in proportion rs tn
lcirculating medium is contracted. Thes
two systems have both been tried with
A lin the recollection of this generation
ana IL will be strange indeed, ii the mi
: nority can much longer rule the ma
I iorfy in this most important OF al
questions, touching the prosperity an
, happiness of the people.--l Evansvill
Courier.
~t~ A movement has been inaugurs
!, ted for the purpose of raising fund I
. erect monument TO the memery @
Hon. Milton Il. Hopkins, late Superii
, tcndent of Public Instruction. II
Intended TO erect this monument solel