Richland beacon. [volume] (Rayville, La.) 1869-1890, 1876-08-12

''"'r ''''''> Ut WI" ''''" NOW "'''hnl'i" !" tht
rNe'F"'l@'n@ wants "i b"S'nr>S >h""Id M
"'''' a. e">, y IL l"'>S'or' "r natural laws
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H., .,,,r,,,.,.,,
g. ,,.;,,,, .,,;.'., 80: l'r ~,
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;,,,.iu,,;,,' ,;,l, .,i,,n I'LL. l -
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NV ''''''''''' '''' W 'c"ei'niI'rh'S'
'' ''' ''r "''"''> WHICH lh''
'''''''' '''' ''c> a. " I'oN'>'"'i
"''" ''''i"i'""">' i"e or>'
- nm VI ''' 'Al'eh>', 'H NE
''''''" "' "'''" ~ ''''i''r' '"I u'" M
" "'7' "i'"' vi" P'"PF' u
W. '"' '''P'"' NV III "">"' " "'ch NAVE
'''' W. '" Pci'o" VI '''''"" revenue
"" " ''l'i '''i'"' '''c ''>"'> ~ 'colio
'''' ""' ,'',' '"'e,''S Wy sum ''r"t'' VI
''' Nv i"c '''Ih
'' "e "' u" y. .|"'''e WI ~, wv " us
"'"'' III o'"ei " saw ''''tics'S oil us pf"hch
i'",'''>'H' ""'" S'iI' 'o'iiPc's PIInhe
'"'''> !" "'''Pt III hc''"'> par Inc
"T"' -'''''''' ",i'"' y ""' o'''y iiSh' b"t
"''"" P'o'c i'"'''"o'c'
vi the public debt S!SJ .Wm.noD bears in
tcrc>' al " per cent. III gold, and SI5,hWn,uuD
al - per crHt In gold. lhc average interest
H. - per cent. iimancIal policy walch
should secure the highest credit wisely avail
ell at ought SridImIiy IL obtain Il reduction ot
on" per cent. In the interest on most ui the
H"ihS y SAVING "i per cent on the average
would bc slI,n O,olb year III gold. That
saving regularly invested at - per cent
would III less than tlnrty-eIsht years eAtln-
"iiish tie principal. lhe whole 81 900 ,DUo-
"oo iumdinS deb might be paId this saving
alone, Whio"t cost !" 'he people. he prop
er time tor resumption l. the Time when wise
preparations shall have Iigrmcd INTO perfect
ability To accomplish the oig'c' with nccrlainIy
AMI case That VIII inspire confidence and en-
courage Tie IeNIrmg "l business. The ear,
Iir>t 'ih'c III Whirh Such Il result can DO
brought aboIIt l. the best, even when the
preparations shall have been returned. The
exact date would have t" 5c chosen wiiI rel
I efchce 10 the ihen EXISTING state oi trade ami
credit Operations IN ohr country th. course
"i 'orci2n ,"fnmerrc rnl the cu.rllriur ui
Tie exchanges with ot'irr nations. the specific
measures nnd the actual date ami matters OF
"e'al' iaNIns reference 10 the evcrchangIng
c'hdiiioh. lucy bci"ng To III: domain at
pf'c'icaI administrative craftsmanship. The
NaptaI1 oi sicainsr about starting from New
i"rH 10 Liverpool, does not assemble Il coun-
ca over ms ~ean chart. and TX an angle by
which 70 iasii the ru'ide' 10 the whole vOy-
age human mtrlI gen { must be AT the
helm 10 discern The shifting forces Of the
waters and wInd. human mind must be
on The helm iu feel the elements day by day,
and guide TO mastery over them. Pnpara-
non Tor resumplion->uch preparations are
everything, without them legislative con-
mand hNhg day, an official promise fixing
days shows they are worse they are IA sirare
md delnsion 10 all who trust. They destroy
all confidence among thoughtful men, whose
judgement will at last sway public opinion:
an attempt TO act on such conInand or such
pfoi'i>c wHho"t preparatmn, would b. IL
fresh c"ian,iy, prolific oi confusion, dislru>t
ami distress. The act oi Congress OF January
ltli, 1879, enacted TINT ON aud after The first
ot January, 1879, the Secretary of the Trca.
nry shall redeem III com tue legal ten
"er notes oi The United States on pres
entatIon at tie office OF the Assistant
r"cd 'ic Secretary TO prepare and provide ior
>"cn resumption "i sPeclc payments 10y the
i'>c oi any surplus revenues not Otherwise
"'' ~ ~ ''' o'Sc'e''o''
..i '"''' "'''
-. vs., ~ nave P">sed
80 go" eo''',""e"
I.,,,', ,,', =, - ".'s " "'l" nave
,,,.I;,..i',o 80 ,,';' r''".e surplus
y. ' 'o'' =" ''e
" =" VIC ""'t'h
,,,,,., c. nn' nn, 80 c'','', '" VS.
m. =, I,,,,,,,, ty-- ''i ,,' ro .,1,r., ".
:, ,,.,,, ,,r ,,,.., :,, ~
ri,., ra,..,,,as c.,,;. I'.e''oeu' ~
-. .,,,I ..x,',.,.,;,..- LOU "rp'ol'"
,l,, r,.a.,,rv ,,,;,,, ,,;.;.: ,. "''"s
m Sooro,,,. l ,i, .,:o
80 -, ,'''"e' '''
,,o,. ,o,r,r,I ,Iros,,,,,,,,;o,, L., i. ~ i''"
t,. L.,,,, M, ,,,,,,ro. H.. L. W
h,cLr,,I ,i,cre :. ~, oc,r,,,,, :; H., -
,;,rs ,r ,I'. Goro,,n.,, rI,' -. ~
inns or cxervd,v Iif ar. tho Lo., :,
~ corduc, 4 ,,,J,,,r ,y,,o sl,n,,II ,'r,,..;
!, nav a loan nm, ,f :, s,rn,,s -, ,I
vct hc s,.n cve,v J,v s,end;,,, al, A., -,
Law LANDS nm in ,;,,,ou. E,,;,,, ,,o,II -, ~
,h,,,c,or far L,n..,v ,nI r.;, M: r.
of n new prom;.e or his prof,.s.;,,, -. 90 a..
val,.e of The old pron,i.e would .I;,,,, ,,,,,,y.s
de,i.ion. f'O''"'
~, &,
C. ., '' l''''''' "'i"o"'ces 'he iai
~ :" "''"o S'o' .'e prom
:, VI "e r'e' ''''cS' u oehouhccs
Wv " "o.'te any reserve Tor
, .,;,, Gnu u "e"'''"ces "'e con-
"" =, ""e"' .,. r"r 80" ie''s u peace has
"''uo "o ""r"'e' ""ai" 'esu'nPi'on-no
l, 'l"' wi -u"' '''S'e"' o' '''at has
, ,.'': ''o" I'' ~ "'s".s our resources
'", .''",""S "' o"' surplus incomes while
:" ''''e' sPcc"y return 10 specie
r"Il"e"S mas "'''""'y enacted ifesh h'n-