, 1877-12-10
rba prsddent's Plan for Utilizing Silver
BE Regards a. Of No Praoti..
cal Value;
nal fliaks tis President Sound On the IA.
cred Duty " Paying tho Bonds
In Cold.
e,nstof Hill Has No Faith in seoretary
sherman's Theory Regarding
Resumption.
Tho Payment Of bonds In Silver Not n
Question Of Right, but Of
E1pcdloltcy.

An Illinois Farmer Paya Els Respects
to the Presidents Rinan-
eia1 Views.
other Expressions OF Opinion on
the All-Absorbtng Topic
OF the Day.
INTERVIEWS WITH C0NGREssMEN.
From Oar oris Corrtspondfnt.
WAsHlaorok, D. C., Dec.0.-With great dln,a
proloious amount Of shouting, and portentous
eashing OF arms, the clans nro gathering for the
shock Of contest over the financial question. As
10 variety Of other instances, tho Eastern De-
moerscy rallyto the support Of Hayes silver rec
omiuendat!ons and affect to see In their aJo1,.
ton tho only salvation Of our distracted cour.-
Tho non. Abe Hewitt, Of New York, reflects
the views Of his section, and your corresponds
ept has induced him to dlYulRu his opinions at
length. ,.
"In hts message" says Mr.. Hewitt, speaking
of the President, "he means to make tho silver
dollar worth dollar 10 gold. 1Iu proposes to
nut az much silver In ono dollar as gold dol
Lar will buy, practically 470gralne. Tho trouble
u that tho ratio between gold and silver
duetuates (causcd by demonetixatton1, and To-
day VIC Aavs no tuyer at u lxcd rate. Now, II
tho United States stop In as purchasers and fix
the rate you Will sec TINT all the surplus silver
IN the world WILL RFav1ta&o TO America, Wien II
cannot find a market at better rates elsewhere.
fIho more of II tho merricr.l In short tlmo
We will be IN position that France found her
ac!f. She began the purchase Of silver, and
found herself swh'npctl unucr tho load. 1t
must b plain to any man that wo must sell
this su.plns allyer, and then we will 1nd that We
mn.t .a,i .t = f,.. ,rbIs .,a,o ~ .T7oi-. vii,
mu.. .,.," '. ss.. ~. ..tasa s,'na 49,
certainly como aoous nn'ess TUG na1lons agree
upon common ratio between gold and silver
and, until that ratio Is established, tho achemo
IN ~ ~ prs.;dan, .aarn. w. ~ $50 saro. 4bo
NOW. tae ifeetoent hec'ns ~ i"'o1 the
double standard At axcu ratcs' but is snppnEens
that this recommendation is Of no value, unless
he eau commit tho other commercial nations ~
y 1T,s aIternatlvc .ugoc.t,on /. IN mcrclv In.
nis atst"atso pug o'so' - W a'''sty ~
aease tae s"os.alatf eo'''' out W. aafo 11'sa'y
% law provide. for. Tho only way 1t eau be
atarpcd ia BY the withdrawal Of all bank bills
ssro,,,,.tso, H.. .,',1 * ~ th..
.Iao as1Un'tma''ou Hsl ~ !eas tuan ~ ~ Ita1
TT wbtu b1 at' an s1panse Of nm equivalent
..,ount OF bonds which might be devoted 10 tho
s.,mn,to, ~ ~ .nsrss navn"n1s IN no1,1 mr., md
s"s.u. p.oa .,o"s..S -. spo ,o.o H''0' ""
"Ilook upon biz recommendations as to uttl-
tznR silver "a Of m practical ynlue. hut con-
Cur iuliy In ali be- soys about paving thn nublic
dsht snd ~. .ar.st H. oolI N,p =, tha J t1pa ,ho
debt was contracted, though silver coln was
authorized, mono WIS coined, for tho reason that
silver vaa high, aud silver dollar was worth
atna Neither nartv n ,he CONTRACT conte,n.
paatea tac ~ aascs III a9,iar n a. means ot payment,
csitainly hot tne ,uosernnehts 1oI y Nae not
~; ~ paJ 'otsn s,. G.s W t1isi ~ sis,' ose
no.n 'ns s eEtses 1asa ssd aos ~, tuo uoyen,
10 IlRnt 10 pay ~ hYas ~ Luz p,esets VaiMe'
see how fane an n!ast'ee !. "ouia oe 70 efeat- G
ernpent "a do asIy t tas t6 tnE seh te navmeat a
rSu!a Be iawtn 6Ss It woald BE- unjust TO ray
s susot soas!.e:ee "acH s!see va u premium
n Ma sayer taat Ia iaten ~ u'seunMs: ~ ~
Umtea otS!es a,a sna.l asteun'nesn oay IN shvest
m9st nn3s, oe o. aVa'oa eaua' 10 tno stanaasa Ok
KUMrG KM. A.. ..,. A. .r..,,..
r.. opon Hne 55esnmpt.9n .e, question Alf. Ae"'ts
hAa sQ1allJ a4sancea views:
,non y. ev.usns 70 Mo saat '4nn oaeamaa a1a
nrs hn - ~. "na. ,h no aoout. nc aes s MAUI a
mole niunaefe snan ahy otaef man Hho Aaa
esea a, aeta & tne !leasusy pofa!ono' oat ts 49,
ilepo9s saows tnas ne has nnaiIy LaasteIc9 tno
.. !a"so uaance u aoaiialkao!y autnit aocn
Me ,ows WI tat IN Inw. ~ ws NJ ~ an III " IT.
A. - -.
~ aet nxinR upon Jan. !. !ofv' 90 tNe gate
~ tcsatnp0o1i ~ , nstssy tnaus:luate ~ cucct
I1' teaa.t. ~ tsus st!as. 81 " a. eoMaes.
~ psospe!tJ ~ GUnCesnco, tnu country Is
Msasusapy III c9uu,ttoh 5o resume blt not
Sntiteay ~, ana h!s' Shofinan u IN 40
Sny!o, SMy fcspoan9Sic 11a Tno imptoSe4 soh.
4.'oa ln WHICH he Ahds the country.
H.. ~ tfue w afo sMpplnG abroad, tnt
shst shat r. ~ conseAnenco ot tho WaI,-ah elsmeat
,., saat AZ, 1ohh ehGEman gnnnot e!alen nltnkcll
u usvsG estnonsnea. ~, ~ tnai ,1 ,los s0ouga
sopfcpSfe u. Hs report s'iows That thc amount
W Golu on aafu " httcf1y lnaaequata 10 tao
!eaemptioa OF ths currency. ana NJ proposes to
Nast OUT On redemption selIcllc with the un.
MnssstanulnG M maj 90 ean stop When no lnae that
ea ean.t 60 any taftheF: N othef words. ne
Ssoooaes totsJ sne experiment. ana, o. sooa asit
uscu!aes appafent tAas II Won't WORK, 10 wants
'oat s,tse.esmaansl!lp."
~ nna .s nete Tue WotthfRepfesentatlVe orahched
w napon SILVER agaln.
~ taA question " resumption the Demo-
lak9 are lIttl1 tenuef-H0DIeu. So.