, 1876-03-29

nomination than a10 they would b abba to
"lthdrt" from circulation bafors that time 10
much 81 thsat Issues NJ thev could not redeem
m su .us,ca e"a tnon ~o .loa have aecnred
thss way tic banks and tho Govasn-
mont could always regulate thelr issuos
% ~ 70 b. ahlo 10 meet ali demands
would b no motive, II ther business wan man.
RRed upon tudicfous htss, to tnnke run ntpu
them. And they conld loan al! their capital for
tl'e adrancauians OF tho manufacturing and COM
msrclal Affairs OF tho country in biltA oI large
dcmsnl Of cota for t,oif redemption. 1,y an Ar.
ranRcmcnt Of this foreign demand character kf
tho ordinary and mihor tuatueaa transactions Of
the country could hs conducted upon specIe
bHsis within QUO year and. inns1nrch Al tho
profits Of bank circulation Arihca IN largo DO.
gtep from tho iaAue OF small Bills, the banks
themselves would, from tntarcasod mott, ,cs, CO.
opnrate In :, bringing about . coin cir
will not alone eocuro prosperity 10 tho naton TT
rcmeEy ths OWLS aslsinE from such All oxtraorfl-
nnry Initiation Of thu circulating medium. Tho
Increased l-habi!n Of economy tnuAt bo studied
and prsctfccd-tho producers must be- satisfied
With Just and oquitablo reward for shoir labors
and this can only bo ascertancd whan all
yalaea arc regulated BY tho sotuht cost Of pro-
tluction. II matsess lttls 10 tho laborer. who Ia
truly tho sole producer, what nominal reward ho
reeoIroa for hla services, provided ho obtains Of
tho articles ho rGttIres for hs comfort and Hut1-
port 1ust return for tho portion lie has added
70 the Whole supply Of tue entire corps Of pro-
| dnceEa. II IL not tho object Of this nrtice 10
discuss political economy but simply md mainly
to direct public attention to what consider .
practical mode Of returning to Rpccto payments at
tho earlieas possible period II the nilver pro-
| ducts Of our mining operations nre mainly addod
to the COLA circulation, VIC shall add greatly to
our ability 10 sccnro tflfB desirabe object 1t q
| much earlier day than could osherwise DO dome.
Wo muat ccase our trading With Other nations,
erpccialiy In articles OF iuxury that only tend Ia
foBtor hAbits and opinions thst are aubvesstvo OF
our republican priuclpies. Wo must unite In
regard 70 party viows; indeed. wo should ignoro
pRtty principles IN Bo far "a opicldl spoih tho
motives fot cohcnion; of rsn1s and corneriny
operations should bo frownca down by Buct,
public condemnation IA would deter every
| tnan Who respected tho opinion Of Lin
| fcll0T-man from entering into them; pub
] lio salaries should bo reduced 80 ios
that tho positions should neyer bc sought
as q mesns of Promoting thcr pecuniarY I'D
yaucenent. Bit how theae needed reforms eau
be accomplished with tho meu in power or thoae
vino seek II IN the future / Atn unable Il
comprehend. Tho meo qualified for this wori
| hre not office-EeekorB, and the pcnplc Arn nhl
] sufficiently aWaaoned to tho Importance OF tho
| subject to lead taom to seok out tue men 1hu
wouia he instrumental III accomplishing theee
| reforms.
for many yoars have ceased to tako
much iutarast in those matters, because party
] interests wcID u1Ads pasanouit to public
benefits, and now make thcBe somewhat crude
suggestions in the hope that they psoys at tsome
advantage IN tue Important cr1Hia Ok our Dation
| al history. s, u.