The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1876-01-08
A YALE PROFESSOR ANSWERED.

A YALE PROFESSOR ANSWERED.
Professor sumner, VI la,y college, de-
hveryd What TN courtesy !. called 4 lecture,
m Chicaguon Sunday last. The production,
however should be classyd as partisan
free trade ana hard money stump speech.
II Is deserving Of thorough review, be
cause PROF Sumner once wrote a book en-
titled - The History II American Paper
Money because he is al active worker
i'll the cause NJ free trade prupagandIsm
because all 81 the free trade and hard
money papers of TINS country hold up the
Professor j. a paragon If economic MS
dom. and bee use he Is the Professor Of
Metaphysical Political Economy in Yale
up the report IF his stump speech, as pub
lishtd by thu Chicago Times. ana answer
il ia detail
The Professor began by saying that he
had recently read In Ala eminent English
financial Journal an elaborate article com
pariug the present financial condition III
this country with that NJ ireland a century
ago.
The speaker himself Is evidently So IL
nurant NJ the subject ~ political economy
that he does not kuos that there could be
any comparison between ireland one hun
drcd years a-o ana the ulted States nov
~ au economic sense. because ireland
| Them a. ntN. was yassel If England,
and had uu power "a legisiate either for or
against her oau interests. whereas the
{ uitrd States T. au independent power,
perfectly ir,e ID ,rIsiatc both for and
against the interests NJ her people any
comparisnn therefore. except thar ~ con
tras' Is impossible Yet shis Yale Pro
f,sspr. whose business ii Is W understand
such questions. treats the cases As para lei.
such a display IF ignorance Is o. lie ex-
pected from a man Nho would write his
tory II American paper money and leave
his readers forever ignorant Of the tact
that such al institution a. local national
bank ever existed m this country. la
case some one may thlnS We are t"o severe
in this criticism, We append his next sea
+au.e a. follo,rs
u.oa..il I'LL. -.,. ho... ,..r., .x..,,....
,,,',' +I.-. ,.a. n III. s-t,ci,. III, 7 IN,
80, -, A., =. j. "a, -,
| this nation AT the dawn NJ It's centennial
| v..r H. pr.r.s.d ~ iuYstIr. III n,tu t4r
lt Vas Iu't ana ne" We had 50 destnrra-
,sh,. t,...,- -..l.a+ 4,,+ +,,,.. ..,., ,.,I.
| a. the sneaker himself
| We ar,n.aI to the good sense nf npf
readers 4 W. hav- u,- .dopted n. most
natural construct, ,,,, ,,unu th. L.u.,i,,. .
| thar II VIII b.ar Ent III n. las NJ, \.
consider H., following plain truth
| One benefit il thar they SET ms Ia think
| inc The evils are warnings To show us
where We nave made mistakes, ana when
ai -, - !, ta III.
! sptf.r as inevitably A. h. Via violates TIA
the time r. turn back ana say Here i
ptiu, - ""u $50 Ia - o.l
,h.,, Tb.r. - "a much sens, =, onr
vigorous young nation being financially
sick IN It's one hundredth year as IN a
y'"ii- a'i'' 'l''ue'! i. N ySuns
,,;',
w., III tim. ,.ro,...s,r nh. .s.,,,..a
n Lunu !, .uct abort tb,s sphiact thar
~. 49,. I. ......., a.
+i..,, ,...i,. .h..,. -. .u., ,,.....,...i :.
secrat.-r Nccuuacbs Eort w.vn. .n...h
When tb;. ,b,.v,,., .c.pod,si wha al.
h;msal, r,.h ANA .h., nan, - I,nla AN
u. h.n. - 49,. -.
I'll L., - H., -. = -
80 u .h
Na,., u, ill.,; a.. -. 49,.
- 81 ..ll,.,. e.. -.
M. ra.d So, ..I,-I.
hehceiorth the power Oh the government
was e BE- used 70 coniIscate the private