, 1877-08-06

consrartions Of currency. through various instr1-
mentalit!cs:: inevitably run gold up ~ ltgn no
debts or anything rl.e an,l Ills landed property
the most substantial In tho cprnmpn wcalth--
mast be torfcitca. AZ with ono. 50 With ti,on-
sands; and only ruin fnIows,-bankruptey, rev.
olution or something worte.
But tlt,ts r0ur remedy evactly M 1R II not,
sitter all, afnplv a postbpnctnent of the fmpeDI-
ing ta!afntty that must sptnc tttnc fall upon tho
country unless there BIZ rHltcnl change Of 1nan-
promptly tins:
RepealinR tho date hxei for the redemption nf
g!eenbatks In gold. thereby repeating also the datc
After which all private debts must be paid In Roli
Should Congress 50 determine with view to
walt until greater amount at ptnney Ia tn cir
ctiation. new thrift In business calling II out,
and then perhaps enforcing payment Of debts IN
Fo!l, what guarantees have we that even then
gold call iu purchased ut rates Commemorate
with the ability to paY2 flow cau lIabitic. NJ
l'.scs AMI failures DC prercnte-l. ami mort
Rat:cs fe cancelef1, 70 long as gold ia n,a1c the
measure q raluc to paper currency, and there
1oFe legally required ns payment on revenues
aEh public letts. also fur. the redemption Of
rrecnsa Ks and other hank b,lss This uuc.~
s,nn UT. prs,se, srss,o. Itself On the pnblc min!
iact tbat. Inas,naeh sna''' 4, ''9hs therc is Is
nut, and never can be gold enouel,
y the country to cgaa! It's amount Of business,
II, being the inca'urs Of value, must be ever 10.
stru!nchta' in the llatul. OF mnncY-changrrs of
producing fluctuations au'i pan1es. which are i'm
aytd1at'1y our suuss En- Of ruia Aia,sag At "lHt-
ter linen" why not 1t 0ncc make clean breast
ol II, remove forever the weapon TINT siayn, us,
gold as rnoney,-atId In1ttute the kind of
currency 6nscd upon the public credit, that shall
be as trretIc.snaF!e as the nation Itself. being
the pcr!stual eSpnnen. of its cornnctence and
good failh I" paYt With this all kinda of 1cbts
ian t'e met without tho damaging necessity Of
bAvn9 gold at paper discount.
The continuance without limit Of the law Tor the
retirement Of SO of arecnb.eks fof every sioo Of
additional bank notea issued.
What does ~ the retirement Of $50 of rrsen-
hacks Tor every &ftl} Of additional bank-notcs H.
sued "meani lohn sheruau Ia burning w he &C.
tired Rrcchbarks and substituting United States
bonds bearing interest to the builder, and bank
| notcs, gradually running the former out OF cx-
tstenee and placfi!R Tho business nf exchange
more directly untler the manipulation Of Ma.
ttonal i5anka to tnainly hold the Euld, United
tiou. giving 10 tho very men Who with far.rcacI1-
ing policy. have brought on this crisis, legal
LIED right " continue mnftraGihg farms unl
building up yet stronger the moneyed asis.oc-
pies rights q the Southern qlgasc1'y Of "Cot.
Sum up the items eontuctnc to DIR "moncy
fan'lne"; Fast liv,ng.-lt'ing business on il
strnIn, n,--projectlp4 enterprise beyond what the
reserved fund could lwarEu't,-pret1ltutn On gold
dlscnunting and contracting tie currency. the
gradual burning OF 32Q0u00 600 nr more VI
Erecn!oa:k moner In monthly instalIncnts and
bonds and bank Till, ,-bank bills In lieu of Tie
peoples monev-so as to hiring all kinds OF
money more directly within the grasp OF bank
in loans Mt such interest as they
themselves can thus the better
create and enforce,-the $1,000, ,u00,o 600 worth
Of Cnltcl Statcs bonds ncll by spectators III
Europe, 10 whom our tiovefnmcnt Ia tcml-
annually paying interest Ia Rohl for ho]lint.
them !-thc public debt hanging on as paya-
! bic also IN gold,-aud at last tic "rrowning
mortgages on farms, tus. completing In ihis
] our boosted free country the most gigantic sys-
ten of fcuda1lsm ever known in national serf-
dom.
| subject n,nttrs prcaent itself, aud it becomes
every patriot, every editor, and friend Of hli-
human rights, to look ut the causes OF our sor.
rows, mud. regardless nf party pledges. or iiucs
these causef, that American liberty may lIve
mud not die. j. a AnNErr.