The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1875-08-09

leL-lCTe uclu 20 save NlA Mum hlS puui
house. SeeP
"Yes.n
We'll, | notice that when money is
plenty land goes up, and when money is
scarce land goes down. see@
Eyes" E
'ThaFs It, according to my view, and
I've been long time in the world. Well,
when land is up, We sell it and get the
money; and when it's down, and the
Sheriff sells it, it don't bring but little,
and the lawyers and the courts get that
$50 You are in favor OF more money!
"Ges, I'm in favor of having plenty for
everybody"
But it will not he wOrthas much"
"Itwillpay debts and taxes" he replied,
land make times easy"
"Are there not any hard-money men in
yonr community | asked,
"Yes, plenty OF hard money'mcn, hut
no hard money
"HOu used to have it|
"Yes, but il has been sold out Of the
country, Now and then there is an old
woman that's got some hid away behind
the chimney in stocking, but the most OF
il has gone out OF the country, | reckon
the bond holders have got it. The whole
country is being drained tOpay the bond
holders, seems like. l dOn'tObject to that,
but ii they must have all the gold, | say
for goodness sake give the rest OF us
plenty Of paper money"
| put the question to the Greenbrier
Granger: al the volume Of currency
Is largely increased" said ], and gold
goes up, as it will, how is this vast
amount Of paper currency to be re-
dcemed?"
" Future generations can look after
that, he replied, mo one generation can
be expected to pay for the war and re.
sumo specie payment and tote all the
heavy loads. Let the class that comes
after us do their part"
was reminded Of n story which Robert
Toombs, Of Georgia, tells, Il has been re-
lated once in the Commercial, but will bear
repeating, During the financial crisis OF
1857 q conntryman came to ToOmbs with
a tale Of distress ave must have more
money he said, "or we are ruined"
GLOW in the devil are yon to get more
money!" asked the prOiane TOombs.
/" Let the State Bank print it, replied
the countryman, who had ideas Of his
own on finance, a
"But how is all the money to DO re-
deemCd2', asked TOombs, thinking he
had his rural friend cornered at last.
"Thats the point" answered the cOun.
trymAn; you see I'm agin redemption"
ToOmbs Is an emphatic, almost violent,
hard.mOncy man, and tells this story
with relish. The initiation idea is more
popular than otherwise in Georgia, and
Toomb3 combats itwithout regard to who
his companions in the warfare may be.
lie saysthe attempt OF people to relieve
financial distress by an over issue Of pa
per money Is as foolish as for man lost
in the mountain on cold night to at
tempt tOIwarm himself by pouring quart
Of hot water down his back, A degree Of
warmth would be felt for the moment but
the reaction would add to his miseries.
The last state would be worse than tile
first. ...r
WHAT A BUSINESS MAN SAID.
A business man tells me that he il for
an increase Of currency to large amount
so that 'times would be lively" IA he call
ed it. With Anabundance Of currency of
rather shaky value people would want to
invest II in lands and coal mines, and all
kinds Of work would start up, and every
body willing to work wouldhavc employ
ment.
| suggcstcd that spectators would run
riot, that all values would be unsettled,
and that We would come out Of the intla-
ton period in a far worse fix than when
We went In.
But he did not see it in that way. One
of the difficulties Of the money question
ia to find dozen men in the same town
ship who agree on the same points, In
West Virginia, for instance, there ia sad
and striking uniformity the testimony
that "tincs are hard" business depressed,
and values ON the tumble; but what we
are to do about il opens Us wide range OF
discussion rs any question ever before the
people.