The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1876-08-17

20 600 S0S Tas5;,I - ioons iso should nSt
ti, i'n;,a,a tet M ~ | n,o,,t o,,Sl,t
not t'to'S, 70 S,,cs,,iaie IL ;ts.nwn J;sboi,or,
nv ~, " o''o - ,,' tars5, ~, On lie bro
l.. ~, o'@s' ~ ss,U ~ \ shail eo,,tol
nr;I ot 81 d5torS "tI,0, - aceont at sdti
] iin,s ,S,S no,. SSysTt tn LiaLosf tiona1Lon
or Y%' ;s Int pS' 6,,l,, r;ri,3 hni wonIa 1,rova
,,raGtaLio, !. W
ot.alih l pVBlAe DEBT
$3.50, ,0OO,H9 bear interest at SIX per
cent, in gold, and S15OO,o0O at tiNe
tper cent. IN gold. Ihe average IN
teTest ls pap Per cent. Asilnflnelill
( policy when should secure tiieel'Ieh-
est crodlt,iNsisely awaited Oh ought
Egradually to ohtaln q reduction OF
\ one per cent; IN lnterestyon most Of
the; leans, Asaylnp ot,ope per cent
'lil vera So .soA, y e
year az god. That saving regularly
invested at 4tper cent, would IN less
than thirty years e%ting9lsh lS3 Sho dne tae
Prlnclpal' me whole ,Sl,ioo,V0V'VOo
OF the funded debt might be PAID by
TINS saving alone, without cost TO the
people The proper time Tor resump-
tion Is to me when wise preparations
shali nave npened INTO a perfect
ability TO accomplish the object with
a certainty ana ease That VIII m
SPife commence ana encourage the
revival Oh business Inc exact tlme
IN which such result can be brought
about, Is when preparations snail
nave oeen matnred; IhecXact Date
Woula nave 70 De CHOSEN win refer :
tmcg I W Slc I;t ,5itn eAistins sSato , VI
and tbn course Of forniSn = corornerSo
and The conJition ofnycbonges with
other nations The snocific measures
and octnoI date are matters Of detail
hayinr referenco to eyer chonginr
conditions, thew boIong TO thn do.
main Of practical administrative
stotosn,nrskin Tho cnntoin of \
stromor st, Who is startinT from New
YorE to TivornooI does not assemble
n conncil over his OCEAN chart ond
find an orale by which TO lash the
rndder for p whole voyoge A hu-
man intcl,iccnco mnst he at tbe
helm to disSern tbo sbirtine waters
and winds and n hnmnn hand mnst
he on the belm to feel tbe elements
dHv bv dav and gn;de to \ mastery
over them SucR nrnnorotions are
eycrvthing Without them n Tcgis-
latiye command, fxinp n day, or nm
official promise fxing n DIV orr
sham, Fbey are worse, than
-, -.
''A"N ,',>D y DLn.'i"T ~,
10 all VINO trust them. lhey destroy
az confidence among tholgRttuEMen,t
@SDse Judgement VIII al last allay
PlOllc OPINION: an attempt 10 ACT
on aich u promSe, wiSnout prepara-
ii, ticn, you'd pc a lreSh calamity; pro
INC INC Oh cohluslon'. ols'fust ana dls.'
'rGSs' 'S; r., a.,
me acG oil congress OF the l4th OIL
July' ioLo} enacted 1hat 1nad on ana after
vhe ISL OIL January, l9t9, the oecre!a-
~ o' Ghe IFeasury shall redeem IN
com t9e legal tender notes oil tne
oml'ea states on presentation al t9e
once Oh 'n9 ASSISTANT IreasuIef IN
the clty Oh New YORK IL authorll-
es Ihe secretary TO prepare ana pro
vlae lor such resumption oil specie
p"! l,iunsS ~ 'it9 usu u any Su, ,io'
ted and by issuing certain classes of
bonds. More than one and a half Of
the four years have passed. Con-
gress and the President have cOntin-
| ued to unite in acts which have leg
islated out of existence every posi-
| bic surplus of applicable coin for the
purpose. The coin in the treasury,
claimed to belong to the government,
had on the 3Oth of June fallen to less
than s45,OO0OOO, as against s59OOO,-
| 600 on the 1st of July, 1875. and the
availability of a part of that admit
ted to be Questionable. The
revenues are falling faster than it
appears that our expenditures are
reduced, leaving the treasury WIN
diminishing resources. Inc Secre-