Daily press and Dakotaian. [volume] (Yankton, Dakota Territory [S.D.]) 1875-1880, 1877-12-03

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not hesitate to put forth whatever belon ~
to the power Of coneress and the iuristliction
of the courts Of the uu on. Thev NAV
confidently be relied upon IN nrovide and
perform, and to the le elislatnres the = ,nr;s
and the executive authorities of the
several states. 7 earnestly nnne.I IN .ecnre>
by adeouate annronristo and ~. .,on.hta
means within their borders the commnn
and uniform ,ioh,s NJ nn;to1 ,ao,le -h;oh
love. liberty. a6hors onnrs.a;np hand md rsvars. -
Justice. These objects are ~ verv dear to nv "
heart / .hsli continne most asrne..iy -
strive for their .ttninment. Cordial ~ m.
Grafton Of ali clssses Of ali sections Of the
country, and of both races. are required for
this ptirpose. and with these hIess;nu. "a.
surei, aud not otherwise, we may safely
hope to hand down our free institutions Of
government unimpaired 10 the generation
that will succeed U.s. Among the other SUBJ
jects Of great and general importance to the
people of the country / can
not be mistaken. think
as pre- eminent the policy and measures
which are designed u secure the restora-
tion Of the currency to that normal and
healthtul condition in which, by the re.
sumption OF specie payments, our Internal
trade ana tore'gn commerce may be brought
.aM latmony WIN tne sys'em ot exchanges
y. ~u'cu 70 o.seu uuou tne precious metsls "
tne .ntE.ns'c money ol Tue worlo: 10 tne
a"..S puu Juds ens Inv .naS 'n's euu Sn"u.u w
.ul.... snasu. aau sou.passeu as spseuN aou ~
,,,. .u .;.,,a 40 % ., os .s';. y, .uo peopr. suu
VIC ".suo"' -. .no'! sosslutnea' eau ac-
COlupileNs tu0bC 10 uuCu kTC6tt
ueste' VI unan..nl.y I. .nan Is lounu 20 con-
cur .. IN .ue spselnI measures winch WIZ oring
Ia. tHs county " .ne uesI:eu enu, ol Tue "a
pluity ~ 'iI Iy s.eps " anicu ~ eau 1e saieiy
Ios.ue1' Cpo. lno:' anxious anu ueAo-
elAee eAanlInation 1nich l nave telt II my
uu'y w give t.e suDJec'' am out the more
cohnrmea III the opinion which expressed
10 accepting tne nomination ior The presl-
oency, ana again upon my inauguration, that
the policy OF resumption snould be pursued
~ all suitable means, ana that no Legislation
would be wise that should disparage the i'm
portance or retard the attainment OF tnat re-.
suit. have no disposition and certainly
no right to question the sin :er rity or intelli-
gence Of opposing opinion. and would nei.
ther conceal nor undervalue the consider
able difficulties and even occasional dis
tresses winch may attend the progress of the
nation toward this primary condition to its
general aud permanent prosperity. / must
however, adhere to NV most earnest con.
victlon that any waverlng in purpose
or unsteadiness In methods. so far from
avoiding or reducing the lucoppylence III
passing from the transition from an irredeem.
able to redeenable paper currency. would
only tend to increased aud prolonged dis.
tus bance in values, and unless retrieved must
end in serious disorder, dishonor, and dis
aster in the financial affairs OF the govern
ment and Of the people Tne mlschlefs
which apprehended and urgently depre.
Gated are contloed to no class OF the people
indeea. bnt seem TO me mos. certainly to
'ne ", issse,
ishn, Tn % ,hem ' !, seams ~. n :" W mo !, IL ~
nr;,ns ] ;mnor,.nca ] ,sss % ,n.;r " ,.h"r .hnnl,, ~
ne @ cnmnepsatrd % in @ money % which % is in | ;,sn,,
rxsd M IN exchsnosahl.. % va,nr nv nv hs,nr ire. iTr..
vucablv mea.ured nv the lator necessary n
its rroductios. This permanent QUALITY Of
the money Of The neon,e ia souyhi for and
can only I've gained by the rssnmption 81
specie payments. The rich. the specula
tive. the Operating. the money dealing class
es may not always feel the mischiets of O,
NAV find casual proti,s in ysriabe curren-
cy but the misiortunes of such a curren
cy to those who are paid salaries o,
wages .re inevitable and remediless
Clnselv connected With this general snbiec
Of The res,,mption of specie payments ia on,
M of snh,r5;nate bu, still Of grave ;mnortance
I mean the readiuslment Of our co;naoe ava
tenn hv the renewal of the silver dollss "a a,
element in our specie currency endowed b,
lec;slation With the quality Of legal tende
to q greater or less extent. As there ia n,
donbt If the power Of conpress nnder tn,
Constitution to coin money and regulate tn,
v.Ina thsn.of and "a this mover covsrs ~,
whole range of authority snnlicabi,
to the metal the rated value. and th'
l...,la- .,.l;.. ~h;oh .h.I, ,,o .ao..a,
~ the . x. " oona;S.s..;oe. S e suo;es s
.bo,id Is ;nJncs 'n d;.coms.aa s nicl
m...,,.. - nonnso.ed .;,h tha oo;anra ha'n..
essnse ss' :. eehuta ,h VIII eIe Te gelonl
esf .;ea ~ - 'n ~ ,b,;o % e,n.a;snas w;.Sa sere
:n,.d; :.va Hna ,no1, " p ~. nrop;noe y ,;.,a.;a,
.ba as.t FL h.ra .s pr o thonoH. .%s sh;
na ln .ne & lesst, Iste yes .nou!n' .he .a sucJec
aa;:;a VI sicn et.elea e IN .ns sc'us
oH ooa;on e.. ~ .Ia a' a1..a;.o % dt =" ~, ~
asad Nv ~, @ oon..;.,,,;a, ".; ~ - s.s ~ eus ~
pOecu W tAC COAStAtutkOu Ou Tile pLcSlucu