The Wichita city eagle. [volume] (Wichita, Kan.) 1872-1883, 1877-12-06

that result have no disnosition and Ger.
ainly no right 10 ouestion The sincerity or
integrity of opposinr opipions and world
neither conceal nor underyalue the consid.
cradle difficulties, and even occasional dis.
tress which may attend the progress of The
nation toward this primary condition
I TO its general and permanent improve.
ment and prosperiiv. / mpst how
ever adhere 10 nv most earnest convic
lion thai any wavering of burmese or
/ unstcadfncss in The mrihods If red,cin,r The
/ inconvenience jnseparai.le from a Transition
from an irreue.mnbie 10 n rede,m,hle c,ir.
i.iG9' "S4i ,1 "i'iy 'eilu ~ inei e''se'' anu
relieved. mus, end in serions disorder dis.
/ honor and disaster in the financial allaiis
( of the government and OF the people. The
mischief which apprebepd and earnestly
! depreciie, are connned TO no one class OF
i the people, but seem 10 me most certainly
! TO threaten the industrious masses. whether
/ ihelr occupations are of skilled or common
/ labor. To them, il seems to Inc, il is of
I prime importance that their labor should
be compensated in money which Is itself
/ fixed in eXchangeable value. by being ire
vocably measured by the labor necessary
/ 10 It's production. This permanent equality
of the money of the people is sought for
and can only be gained by the resumption
OF specie payments
The rich, the specializing. the operating.
the money-dealing classes, may not always
| feel the mischief, or may find considerable
profit in a variable currency. but the mis-
| fortunes of such currency 10 those who
| are paid salaries or wages are inevitable
and remediless.
Closely connected with this general sub
| jeci ofthe resumption of specie payment.
/ is one subordinate but still of grave impor.
lance. | mean The
REIMBURSEMENT OF OUR COINAGE SYSTEM,
| by the renewal of the silver dollar as an
element OF our specie currency endowed Inv
| legislation with the quality Of hral lender
! TO a greater or less extent As there is no
| doubt of the power of congress under
/ the provisions ct the constitution ia
J coin money and enumerate The value
! thereof; and as this power covers the whole
range OF authority aupljcablc To The medal
the rated value and The leral tender oualjiy
which shall be adoIjted Tor The coinaae HE
consideration of Which should indrce or
discourage a particular measure connected
with the coinage. belonrins clearly 10 The
province of legislative discretion and of
public expediency. Without in,rudino
upon the province of legislation in the
least, | have thought the subject of such
critical importance. in the actual condition
of our affairs, as 10 present an occasion for
the exercise of the constitution ON The pres.
ident, OF recommending to the consideration
of congress such measures as he shall
Judge necessary and eApedicnt Holding
The opinion as do. thai neither The inter.
ests Of the government nor of The people of
the United States would be promoted by
disparaeing SILVER as one of The Two pariic.
ular metals which furnish the coinage of
the world. in that legislation which locks
to maintaining the value of intrinsic mon.
ey 10 The full measme of loih metals. as
their relative commercial value will permit
would L. neither unjust For ipextt di,nt,
must ask YOUR induIctuce TO Il lli,f snd
definite statement of certain essential ia
tures IN any such legislative measures
which feel II my duty touocumtnd | |
do Lot liol csc to onttr tie delaie repre- /
sCnttd ON 10Th SIDES Ly such allie dituu. !
tAnts in ooneIess. and lc1Ue The rocple in |
The pres, as TO lie extent which The leeis. |
latiUn OF any oIe nation can control his |
question, even within IFS cwn borders. |
against The laws of tlxde or The ,o.itiv.
laws Of Other governments. The wisdom
of congress in sharing any particular law
that NAV be lre,t nj, d Tor my arrroyaj msv
" holly supeIcede the necessity OF my On.
Il ring into Accommodation and willingly
a, oid either vague or intricate ipouiri,s. II
is ONLY the celtaip. main and prac,icul traits
of such legislation that | desire Ia recon-.
mend 10 YOUR attention. Ipany legislation
Providing for silver coinage. regulating
it's value md mparing TO il The quality of
legal tender. il Sc ms 10 me of great imnor.
lance that congress should not lose sight of
lie action and operation in twotojd ca.
paciiy in two distinct directions. II The
ni,cd States government were free from a
public debt lis legislative dealing with The
subject of silver coinage would he purejy
sovereign and governmental under no re-
,iIaints but those OF a constitutional mower
tile public aood as effected by ,Le mo
pcs,d legislation. But in the actual cir.
rrmstauccs OF The nation " ith vas, nublie
4, ut. distributed very widely smong our
~ n citizens and held in great amount also
abroad, the nature of Tie silver coinage
measure, as affecting this relation of GOV
ann ept 10 the holders OF The public debt.
.,comes an item in ANY p,orostd lepisla'
ion of the highest copceiD. The utilization
Of the prblic faith transcends all questions
IF protil or public advantage; otherwise Is
maintenance is dictated by
he highest eAp,dlcncv as of the most nee.
.ssary duty, and will lie carefully guarded
~ congress and people alike. The public
lebl OF the United States, to the amount of
s729. OOO. goo bears interest at the rate of six
Der cent; sos, 100000 al the rate of five
Der cent; and the only way in which the
country can he relieved from the payment of
hose high rates of interest is by ADVANTAGE.
,usly refunding the Indebtedness. Whether
he debt is ultimately paid in gold or silver |
DIN is of hut ht,le moment compared with | j
he possible reduction of Interest one.ibIrd Inv I
it al such reduced rates. If the ,
Jniled States had the unouestionable ripht ,
n ,o, H., Lord Ia ;l,,,r 80, a. III