, 1876-08-16
OPPOSED no SILVER.

'EAu CLAIRE Wis, Aug. A.-In l!ecWss}nE
tho tasnstie considerations connected With the
rctnanetzatton ot ,sllysr, YOU aeem nearly or
wholly to leave out of the QccOunt those Of pol.
ICY. Tho question IL not alone whether It ,is
right to again mike the silver dol lar ful, legal
tender, but also whether Il Is hcst.-whctllcr
sucll a corrsc may nut bring In at,htn Of attend
nut ev.la whichwould overbalanru the supnositi-
tlous guod tlat ID to result. When you say:
"By all means let silver dolinra be restored to
their original status, and our financial problem
will bo solved, spccie-rcsumption Will he, easy,
public, confidence will be zcstoreds bus
iucss will revive, apd The country will
cutcr on new era Of prospefiiy"
issuct 1t fascinating picture, but It's specons
promises :sound strangely familiar. l .hayo not
looked to see, but I'll warrant thut Its prototype IA
10 BE- found III tho .fnterconyertlbo nspecchss Of
tho Hon. ". D. Kelley o. Nr, Sidney MI 10. t''>
,njuty so soslsty, I'D ID shs asle,n Ssialy holds.
whether tho Auct,iations be large or small. .7':'
[our correspondent IL right. The cnarmous
change which hAs takcn place in tho purchasing
power OF gold since 1875 hss Indicted inca'cuab!u
mischief on ihe prosperity of the country, aud hna
csi,shed tens of thoiasands Of debtors. En-
Tho element of unccrtaintyis IL tho mor mfschtcs'
Gus attrjbnto which circulating medium can have.
Th!s !. tue chief objection TO ons pateE Moucy,
what ;.their a1tcnt and dlscctlon. VIII 30
~ ~ .,m,s.fo, itan.netin, cnrrisI ~" hv H. ma. a.
aim Of na1,sr, a Certain insurance. Vr vuasa1Itec
charge his 10 he .dled 10 cover the risk Of lots
llaey 70 AHss from these cianses rhat II, this
%ay eTs ~ trsntt rsG er M nSa
whlsh G,rertly pr indirsctjy kns.its Drce fxSa by
sa5s sts s1e Ko . gs pdsy SssS nssesa sssa s'f il
show, Is conid readily be- anu4, that this burden
s, fsss Ae ~ f. s sss and Nd
@ trSe t1,at @ thls lux il patehty or,c nnI un.hak.
daiiy dibIeta. tic lcrs Ia It certain anil
enormous in The avvrrEate,-the worst ieatusu uf
i 6ein. ths, !p ~ fntsn;}s thg prize Of kooa
nMetaations Of :goid and silver haYe, hrrctalore
e. SsfR e gensfs Hopta o sts @ nonry @
Diminish 10 any considerable extent This element
q 5satiya axis nd tsy oscSas worthless e,
H. sSssss s esyas si sw
s s9 vS! Ge9s s SsSg e SSt
heavy short eaiet and numerous speculative com.
binsiions It would BY 10 nrans Is raIc u -nssetL
taions. ] @ ut ts It hseiasness a circulating me-
o'u 9n. ,o,,o.non,,sn, sc,n. tn ovo,,ook fl, foct
lonl sG1te7pohoehs sesae " 'no '"os
ss ea, hs
sIlvor IN III refusal to rieo mari passU with EoA
tr.o ,s1e =, at,"s1 ha"av1r - co,,nn rtd .rtt,,
labor and commodities. IL considerably greater
nfttr Il. Tho purchasing power Of silver has 70.
.nA.aeu soI'ua'AHvu'! A" wv ''eu"'f ""'' s''u "''
9so"h .Dv sery uea4'~-ho. y: :. ','
Th's eenditIoH Of thinga las fo5eed M evcty Euro.
peaM STAG whlch pietsnas 10 cvi1atioh 70 a4opt
.usAsnfes o. asSiipfotSGntl" lNothlng or t,.e ksN1
IEn, II5u ~ Eha,aM atn0pSh ne ,onS es2 SSsni
% xsS fsssss
S nS so99t ~ t, IT scnS & csny ais as MsoSs'zea
sIdipa 70 io eomn,,cstone @ Of y her neiors 10
w. s 11p,s dss r. na hos @ uea nn G s
Eml wad stn'ss n,o ni tns t 1 , uMsoh 1ayn, sneo
thi1, fgaasJ II%1mheu % t .nu t"uuus % ~ h;ssF LEY
would com. lIle amount no%eyns. 49, been
anaa asGe-MNn w. sw1t%orta aa 6Ssnsa ,st !s. ysat
u GUN even nse sMsl! 4aea nnuef ti,at afransa
Mcnt Ana Flnnee sseMs H., nuont ~ tolloW sun. NJ
the sepa9o hae passed ell1 nMiHnti1ns the cossa-
llon ot silver: coming 4 double STANDARD !: the
only nDs.se'd ~ tna WY u .mneaI3te
resumption IN france. lIMs ~ WHOLLY
erroneous q s wSli J., ~ 1o ysry ns.ur.:-1;En:
The much mhigncu Eot ot lHTIs hds Aecnmp'ishrd
for us,Guely anaHlthont aletftas ~, Tue !ul1FTl