The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-07-19

debt than nowY You never Will Imitation would
enable some perhaps many OF the present class 10 get
discovered that those Who want ,0lato til people
get out OF debt don't want 10 resume at all
THIS ksGLisn PLAN Of lols
srBscKiHrn-You have, perhaps, read Judge Law
rcnces platform IN the Gazette What do you think OF
GESKRAL--I see one serious objection. wnca we
begin TO accumulate rom, before get 5000 100000
10 the Treasury. you'll hear such howl 20 up all
this country against keeping that money Idle. Every
special interest IN the land would aficr that com
Forty devices would be set foot with special v.cw
TO spending IT, Every successive election would torn
on it-cvery year The process Of hoardlng went
should have to light the battle over again. ]
like Mr. Monroes ,dea be,tcr-i the same as that OF
a bill introduced ls6s-thc English plan OF 1872
and don't why should no. adopt SUCH a piao
now We could begin 10 redeem next wear al ninety.
1vc aud 60 slowly decreasing the rate. II peopis
positive that need all the grccnbacks now out
Why snoy needn't present them for resumption
THE QUESTION or rwo srASpAaDs
And as 10 SILVER money 1 objection "a
Judge Vests proportion TO have 1fty millions issued
and take moro time 70 consider IT, This is the French
syslem though some Of your Cincinnati people arc
tender 10 any amount France. but II Is impossible 10
get any desired amount great many people arc
taking iuriousy about the French System when they
have missed IT'S most important tcature--a limited
coinage Look over the rules winch the Latin
Union nnd how very careful they are to settle
amount each other shall coin. Now shall we. when
onehalf oil Europe limits tue coinage. aud the other
half excludes silver entrey-sbaiiwe rush 10 and hoIp
them to unload tncir surplus silver on usY am in
clincd think with Mr. HnIstead. that n tho
cia nations retained silver Il would maintain ito
ratio 10 gold. But as matter OF TACT they don't
retain 10, and II we adopt unlimited coinage
simply agree 10 take all tho silver which all
the rcst OF the world Is throwing out. There
Is no help for II. AS things now stand, II
the silver dollar wcro tender equal with goId the
surplus from France, Italy Switzerland and Belgium,
and all that OF Germany and England not needed for
subsidiary coinage would be marketed hero 1t seems
TO me impossible TO MAINTAIN IT'S ratio TOT gold under
ably,no great apostlo OF bimetalism after all dis
euslcd MS American allies by advocating limited
coinage Tor tho presentand advocated sort OF con-
gress OF nations 10 setioit. Yes, am IN favor OF he
French system OF b-mctalism, but, mark you, want
to be tho French system, and not system TO make
the United States dumping ground Tor England and Ger
many As tar as | have observed, we shall havo the
old light IN nav shape TINS ycar-hnance, and not
thc Hayes policy" TO great extent
srBscnInEK-Wei. what do you think Of thatf
WAR MUST CEASE
GEyERAL--war measures must time,
and whom good timo when the war President
went out OF olces The tact that conquered those
States and then reconstructed them ny military
power famlarizcd US with the idea Of continued IN
sericrcncc IN their afairs-an Interference should
not have tolerated Tor moment In this State. And
yet those States wero IN the Union, endowed with
State autonomy just as much AS Ohio Interference
had TO stop, ana President Hayes selected the best
possible time to make tue change
SUBscRiBER-Somc OF tho critics say there q
contract madc by Matthews, Foster h Co.
GESEnAL-Dont believe H. Evidence all against e.
No consideration existed for such contract Prcsi-
dent Grant sai as carly as the hrst wcck IN January
81 have hoIa up those governments win
The people wont bear aay longer It's got to stop
And as to hbustcring Ellis and his colleagues were.
doing all they could 10 aid IN completing tho count
from the very start There never was time when
they did not oppose nnbustering. We were tho
brink 0t "A fearful gull and as American citizens aud
patriots they iaborcd earnestly for settlement before
there could have been any nduccment offered thcm
partsans. No, that story won't do. Our people
the highest confidence IN President Hayes
In conclusion the General expressed himself very
strongly against any Senatorial contest In advance Of
tho election. Said he :-'You can't too positively
denim IT, And want It cmphatcaly understood thai
the supposed 'Gnrield movement before NOMINATING
men to the Legislature, meets with no favor from
dsapprovo VI any proposition by which the election
Of Legislature Is 10 be understood that oil Scna.
tor. 1t won't do Let devote energies 10 carry
ing tho State rst then settle the Scnatorship as II II
wore an original question: