, 1877-12-04

tn coin, hr nlway. maintained In circulation.
shouIh INT the benefit ri this circulation tnuro
State or nattona1! The t;oscrnmcnt has nnplc,
facility for the Collection, r,lsiNly. and care or
tho ctfn reserves of the country. It + saIrr
custodian If Bu, il reserves than multitlE!e ri
circulating ttrs by s'nnks Il mi givci, t' the,n
tnr Their fe,lrii, hi: fur Tie public cenvenfcurc,
null tuc,.ah!r t1lcm 10 meet tac cbl, nn,l t'nw ~
currency caused ly vnIy!ny crops, productions.
nul seasons. It il Indispensable that pDwcr
e,1nt,t, exist somewhere 10 Issue anh 1nan credit
moucy ut rertnln times, aul to redeem Il nt
others. This junction ra,' l'c performed better
t,Y corporations than by Tho Gnsernment. Thy
t;nyrrncnt rns,sut lD:.u t1lt'licy deal IN bills OF
exchange, or MAKE a.lyaticcs 0, property.
The SECRETARY ventures 10 express tho cpln-
iot, that the lcst cHrrrncy for tho pcupc Of tho
United Stntes would hc ..-.
CtNEFCLLf- LIMITED AMOUNT or UNITED
STATES HorEs. +.
promptly rc.tcemasc ou presentation IN eoi,.,
and supported hy ample reserves. ri cntn. auN
supplemental! hy systen ~ National isanRs.
ali, wstl, ts'wcr IT, issue clren'atfnE-notcs se-
curctl hy Tinted statcs tMntas deposite!l with
the Governments, alnl rc'EccHlnblo N United
States mites or coin. such syseem Wtll secure
MI parts Of tic country, receivable FOR al dues.
aud easily convertible INTO coin. Interest eatl
THIS t}u saved on 50 much ut the public lcht a.
circulation, leaving to National hanks the prop
or business uf such corporations, ct providing
currency fur tho varying changes tho cbo a'1d
flow trade.
me caaa~!cnaet lunut a'sm s,.,,ai., ~ t,on, q,
forced circulation ut tc when their tlcpErcta-
tIou was inevitable. When they are relcc1nablo
In coin this quality may either br withdrawn or
feta,e. Mi.nou. nGstE @ M ,.e uss ~ ~ .n,s;,
that there nrc periods Wien, Under any svatcul
q! paper onsf, nMgsGs saselt ,.,,,,.' ~
i5hpFaetNane Id aa.a M netua' M So en .,,' ,'r.
ssu,: , ,,,,o1 oni + "a ;u.t tint 1,,rfnr n
u'i. .tt, sa,t ~ a., % nrcasnmnr }en,"m3 for
suuae,t pa.S =. ~ ,,.t hn sl,n,s, ~ ,c.
en. te H. 'ui s}a ,ho, t1,a ~ ',srp t,nr,,
Man as'SliI " @ LILY. tr ~ ~ ~ ,,,,;c, W.
WAe!. wv WY val, nng n. ~. T., St,nt ~, ''
co't"sss. ~ mn"4 sI. ~ uu ..,..t,r~
MA'HtNS tms ~ hsHa.r AsStsM .1. -. ~. =.
.. r en.e; % !. 1sss H. t,1, ~ 10 ,r"rr,nc,t s
Ms VIII " ~ ~. -..hor =" h "a ,in rns1t
W. ~ ~ luz III v thr
olset'W Isecn ~ tt."s'ei@1 h's ~
%contfMt,tnG % tatt!es' .. r,.o =, ,,nor n,,o, IN.
es,u,s,G NJ, ~ t,st -, iUe' T."
s'snei In oe esae.at y asst w .., sGeuG.e" .,n.I.
tHle - ~ 49, .t.ns as tIt T., t1~,as
~ nnni' II ' ~ ,vcqsn ira1a as nrrTcntci tSe
Mtan a H',oq4,eE u s rrv snS,' eystcm
!alEe Or easst.y suas"s.. .t5 eas. n ses.s4 .,..
mnst psoVuc .ot m i,. -. ' puy
nent. laws ta.ay ioru,u W ,s,o!a ,'so saG
tgcmey' nu1 ~ S h',; shns s ni' H. n,kn",x.
Lca.ot ~ ,o,ata' pu| ,ra,."nt
cdgcn and oeslnfe 10 psssenI unnecessary q,
,,,n ~ aMu III. ocsarn,,nn viii nnf +" viii.
Ey rslea ISL 10 3 oom; . nM. 1"un Enns1 " " III
ttt ~ fr ~ i,,,ine n nv te ,nnsim,,.n n Icgni.
- !as ns.ter " s W. ~ ~ III "u ~ ~ a
tcnte! ao1es ~ e,Ms ,yy' Xxx - t
ulnNnnsu .eseasu =. S.uo'oot ~ sta.,nti,, o'..; -;
ONLY ~ pe usGu Aoa a"o ,.mt,9 ~ ~. -.
HoLss nut H. " aa' ~ .a', m.st cxt,,nst
s rs1o,ye nav ~ not tcc,,r ht n nvrnts
os susn "t,.i c.a a2 2wo,,1i xii i'c E,,y,, an,l r
be use!asSu. a.I ~oum 5ns,s @ ,,a 'os ~
! pens9on VI sncels HaiiMu"ts. su"iG 5IGn ~ ~ ~
peet so",s ~ ,"t M.4us o,,,"r,,unnr ~ H. 'ntr
Eless loi III eAscp.oa. ,ha., nntos
.MGs .u .n,,' ~ .,.'r T., r,In "nt stI1v
~ont. I"uNt.nt .ns'. - ri. vi :" ,,r ~. ~
tlelr VS. Us feseisss ~ oa''@s "'o ''' ''o 'e'
ochPs'on VI oN,,n 4,mM', ,,vro
r.. cnHr',,as, nM"n ,o,,. .hn ~.
~ tillsce'ngSl"!n. ahe oectStA.s sa..s ~ ~ y
Ignition 9l ConE5ess 70 tue report of tlc
1qnptsunet " ~ .G1 n,.. t., ,~,,...,,
no @ 1nbgs a,,,1a, iHs ,ant was ~ q sn ro
VI lu tst Wy =. ta.s,s ~. ,i. ".,t hin
lIa xgr lrl1r 10 Sny. !, ~; Is v1,t'sn
no n''nant ~ e1sSuaii,G"tes 'SsuSu - ~; NJ
6at hlks Wnss te ssay pGfnu pi,ats Si.v
o ..tIt MG EaiS W rhnir inans ansi
aisSoa'.ls .aIon. ,,S 70 Sos5 ~ H.;.,,, nont.
ih. eencs t9!'suSy Ea .lu a s1at ~ ~ n"nas' .,
" NV w. @ a,n".t a" tr. .,,,,,r. rio ,s ~,
pe. ase pesn oesMo!'stsatsa , Is Yiisr Yei y.
|
RECEIVING tne's notes' tnsy aase uscn ,Ssa sMu
leet ~ ttSutSn M.a ri. 11,.uso ts My ,,'.,s u..s
corporat,ons or usisis ahess otaz.ol1 unaJ.
aselltfal ~" coi,.aa,ns c's "n.I ,'
e1petAsne.u n. ~ s:s;s ~ H. ,rs.,, ~
tLleni ~ ile Ifptso,gF v. III. nns'sneJ, tae
!!eueha at. ~ ',n w. "'sa 81
tneY NY suoevt. anu 'sa sMut" -. IL
4asseu " lten q esety uetaa. necessary ~ ols
siso !ne!r eosl!s!ol', .ts aosooaa ,i,.,1 susu,1 " ~
tEslr !ssucSIMa"cs .s sys'c'' .o ~ a"nH H VI y.
salenEu cl'lcent a. h1'y ~ uestsco. tMe r. H.
manning eollIlt'on ~ PcIiest nnts sysaea, y
that tlcIf hMses eHont.l " Ieaa!5 so,Nt!t!o'. ,n
nto CON. WINS Llsts!a o'l.es no'es "sto
decnlas'le aMl uepttssGcu} ~ Tas hut posesoas
t,at ahlnsao1ca saoaio l'se "Do'o ina paF O.
unltc't states no'es. .,.,,x,
TIM THuh TEST ~ Ti!!s slHxsMot nASh'Sa
VIII soe "i'en .ao Vts s'ascs s,s ,tei IT, ' nts
h.ataii,"a ~ tut VIII so' ,t, .nG. s.' ,,i,n. IIM
n,nst teuseM ..sst "uG" i,' Ill e''" VI o"''s'
t. o',,i, .!HtstI.s ,,'"en ,v t,,c f'o,nn, rot
, ,,I IL ,',nrI.n, ~ ta,,, 2,.nry,s mi ,.,,,
III ua ~ -" H.. N,tanl fs,s VIII In r.snrr"
,'I ,,',t,'Hr ~ .,ter .wss,.Ms ~ ,nEin,, I,
w." ..n, ,tm.s ,Irr Gss,,rans ihat ~" Il,
, '1,.S arn a., ~ 1., ,air .r',t
.aoa' na"a ~. ., =, "" IT, Tr,a ~, ,,,,, ~ H.