, 1877-12-28
THE CURRENCY.

OrEN LITTER no JOHN SHERMAN.
RIVERSIDE, ILL.,, Dec. 25-Ths lhms John
Sherman, SECRETARY National Trraa'trN--DxAH
Sin: ! have Just read your rtkpoute 70 Messrs.
Colgate & Sons. Of Now York. Fr'atlve tn iho pur-
chaeu Ut Government bonds With silver. As
you hare taken tho otraaton To give wide pns'-
If,ity 10 yuur cotfcrptlan OF "faruces and hon.
orr m relates to tho Obligation existing hetween
tho bou,lho1.lcra and the people, whose funds
hare bern tntrusted to your caro- for dtsburse-
mcrE, permit ma TO expfcss 10 you aoIno o! my
conceptions of the "fattness ani honor" that
you hare manifested in your ministerial rela-
tionn III the contdctbrepresentattvn Of the rco.
pies intercst, a. their legislative aud executive
agent Tor tic past fifteen years. .
Conlltug III yout wisdom arid legal acuncn,
thry ptacea y1G In high position to caro- fur
an'l project their interests and promote Their
welfare. will take brttf RETROSPECTIVE view
Of your ministerial czrenr and see 10 what mali
ner you hare executed your trust-npon what
principle of "fairness aud fonor.' and to whose
benefit tiu results have accrued.
From 1sjl Il, 1871 onr people were compelled
u rMllr artNtntt tlIu breastwOfkA OF our nation
70 lattaltone to preseEvo the integrity OF tbs
tnIon. II required vast esuuls Of IN ouey 10
pss,ytde munitions, equipments, and co,nnis:.
sarfcs for then; mil material, machinery, and
/. operatives In our manufactures; aMl 'atE,r.
Swing machines In Our agricultural and other
productive departments. As you were among
i'u mufh prominent anl Influential Of the per.
utc'a representatives, lloldyo con'parattVely
through your inlAiencs. We had within our
own country al ttln elements Of forcc, equip-
inents, aud sustcnanse, sith public eebt-'l
tll!nk-ot less than @iWoD0N. iaseinE some
i$at,, the banks having sAtpcn'1c,f, with circu-
1ation of alout SOU, ,0o0, 0p0 OF curreucy. with
ss..5U otn,0CO Of guild, IN, The country, and
the m tt II 1ps's'ff pss on neea Ta e.
Of Ways AID Sffans, presented \ bii In tho
House ttaugursttng relief. for our present ma.
tfuilal currency, making 1t receivable Tor all
Ell to be paid In other commodities cl0thins It
with all possible powers of money for oil prcs-
cut mil futuro tsrs which our people would
rnost checrtully have taken for service or sup
possible needs. Ont ruttict were ttcn Ilroluc-
tn. more tlian ample gold and silver to 1laye
paid all existing obligations OF the Government
or people within q reasonable time.
Whcu that bill rusn0 before the Senate, ln re-
spoiise TO the bfl,''uK pt tho motley power Ut
this atd, foreign countries vou devoted ull your
energies, with all the fortc and logic yonr well.
trainrl mind and your positive nature could
command, to crushing out a'll eiTacinH tho
vital Torres OF that bll; debastng aud deprcrl-
nliug It's MONETARY functions, mid witt.stau.
Ing tie adn,onItions Of t!lat noblc old com
os lss@is + 1G t.. pp...ss sso fofss sss e
their then dire necessities, tu acccpt such cnr-
reney and lust their nfTairs rs best they could
TO tho fuctuat!ng vanc Of your crafty hand
(Trcastry vu,,ckere) national currency direct,
/! Tor their services and supplies, you must frat
| PASS ilcm through tho hatds VI yolr ayarlcious
clients % be sl,orn ly commissions, usuries,
Eour legal srIarls Of "rcd tape" By virtue ati,l
authority OF your t1oue.enlcr bills, 30 craftIly
drawn hy your histsuctlons TINT thcy wcro ever
SO subject to your ct'nstFuctteiis that tho
the dollar for tiIc1r services and supplies with
the risks Of their lives aud requirements and
you, their trusted representative, when tln War
| was ovcr aud your clients had gathered all tho
bombs they c0uId. at their beck and nod you
turned your taetlcs To contraction to further
VI t t so is7s the people, with tho aid Of
their ered!t aud bank tayors, wcrc ahle' to furl
| your buccaneers saw t.rtg1t smart" chancc
for u larger graft tt'c people you represent all
know low intense mas the pantc wrought there.
with dt.trc.s and despair. your cl1ents sent 70
your nih crntt!er knayc-Erncst 4cya--wtth
Gllslcd forces e5oo, ,0N strong, ulcd IN subsflz.
ting tho presa aud !ntt1gunY politician. and
our ancient Observation-Disclosures laid tit
wircs for q moro destructive trap,-nn~ carly ar
bltrary tlay for got.i resumption sufficiently re-
lnoto for D,auIpulatiOns another louble.rnt1Cr,
port Of which lsas nut yet teen fully realized. =.
It Is recently thought " fcga! mlndA that under
II thu courts must decide that In reality NC have
hai no lcgal-tcnler since tue passago Of thai
aSt nTSS whas ,da!, Tue ps9RSS ftasGa'y a
Golfers.
Who arc our prosperous businessmen Of to
dayt They as' only millionaire bankers, mer
to pay, aud can dictate their own terms to Gus
TONERS and employees; and Independent land
holders, who eau make their uwn terms Will
their tenants; and a few farmers who are out u
pIe arc virtually enslavctl By your lgnoblo flian
c!al sYsten1, WAtl9 oue Of your clients hax In
veaicA s1CW 0tW, 900 ot his profits In English liant
tho past Tcar. uHless Congress baFslealcs youl
potati', thcro il but one saie course for ever
1nnny of your pct national bankers! that is, K
Gull III the'r bills, tkxa thcr securities FROM you
cuntrul. Clo4a thcIs doors, and live, as 10 YOU
OF their customers arc bankrupt, there are few
satc tndorseta or collaiesals save f;overnmen
honae. Tbs credit Of tsa people. like thclF II.
taustrfcs. bnlwarks OF their prosperity, ar,
crushed by tho destructive force Of your trcach
erous financial system. and conflIcncs d!u,,n
tshes tn an increased ratio ~ yuu advance witi
your base contraction and unjust resumption.
Your bowels Of compassion scem tu roll Il
| kAsuSs "a N4UA1 iGSt LIE 4ctfHo kKentt u 14
hondholdets, advocates Of gold resumption,
should yield QUE iota Of the ututioua funds thu
you aru paying, from tho peoples lreasury With
out tho formula Of "fairnet4 and honor,h say
Oh youehCra procured by chIcAnery and fraud
in tue furtherance Df financial policy which
fast binding our principles Of Repubilcanisul /
tho folds vi lesp6thIn With tho hearttcss throng
Of u Moneyel aItstocracy. lIad you been au u1
; tophisticate.i lEanges, Or Gil il1lteratc sou q
| toll, unfamiliar with the formation 1ud elucids
tton ut intricate and subtle phFaaes a,!EottI
. formed and c!uthed With smooth words, aubtec
so varied coultruetlons, there might bo sot1,
shadow Of txcuau for yoA; but future historian
, will tnacribo your publto financial record wit
J | "Shamc," and Satanic artists will engtayo O
III golden tomb emuEems of i life Ia 'rophe
for IN that k'nElom yba .1u4t nava sough. YOU
i, a. Qn Interested American citizen, am ear,
estly yours, ETC., D. T, euoTWELL
;, A. HELPING HAND FROM CANADA
TotAs Editor ~ Ths Tribune.
MONTREAL, Can, Dec. ,M.-Pc.hsps It mi
be yell to warn Jour readers sgaiust being ca
t ried away With thc Idea that, In Ihs regulate
Of the values in exchange VI silver and gold, /
~, f.fM f.