, 1877-12-17

way III wlllen sfcstnrt'on 9! .s"s
CO.., ~ aeensae, snu ',tns, ~ ',,,
a. estaol'sHea ny Ate1anac' l.".',.euhin
ALFRED pufch'
..,,
RESlOSEFlAATinN nF SILVER oH
RErUnlATiOS.
TO the Edi'or At Thu 7rthpnf,
ru,c.no. 4}ec. 15.-The discussion Of The eil-
~ a,,n.t,n,, ,,, for h.. ,ynor. IN. lopi,o1 ftse.
;, '",',, ~ ,o.. .hn,i ,,o ,,ota Il,
It Is not whether Indebtedness sna'' oc Pa'u !.
gold only, hut whether It Will AMI can oc nait
at ult, The creditor class has the more vltnl
and prc..luV Interest In the restoration Of silver
as money u the two classes. -, ~, ~, nm =,
Tic American people owe f'3,ooo,"A'oVo ~
National, State, county, corporate, municipal,
and Individual .lcbts rhis vast sun. rests upon
al .nc Ps"pc'.y ~ ~ ,ts pups. a..' ,sss
raha ny tue asa"s ot t"e.l ptorelty anu 'n''"'
1t neither proncrsy nt'r labor l,as value, tncts
CREDITS based !W,u M.til F.oreTty ani lnbor,
rs1se. Tes'Hss 4 70 'Ua psy % Seeae "as eaitsi".. '
What ts yaluri The utility nf Thing III tue
wants Of mankin'l which e',n',lrs M !. NM, 10 cx-
.atlxo what o E''is Tor what ~ Wasits 10 ',arS'
baFtaruns exchange thiE fnr .hnG :;t,. t J., s'sif
lied man ]las niopted a1, 'tulynleht thln IL, ts
CHANCES. THAT equivalent, frotl the carltest
ages, Inns t"en Eo,l anl silver. ssanipetl hy ,tc
s!ats itsT i W.T., tue c"nsStf , pwe5 VET ta. r
cetve this thing called money, III all exchanges.
unless otherwise agreed. The m"tcy Of t,,u
world IL supposed 10 Gc a'miit per s't,t o! tho
voriis values,-not the value Itself; but tl's
nrc, money. Around le llea q ~ .astcl.sss
Of nrlratc rights at pr9rerts, t',e psotss'l1n i
relations Of civilized man atustcl Themselves;
and, wfshout that idea, INIT, is saTauc.
The relations ot ctsi1zeu eeeietS, 80 1onE al'.
usttnG themselves to t'lo :lflvsrsal % idsa that
the worlds sa'ue, cannot ee suddenly disturbed
by all tho uuycfnments of ttie world without
disturbing the relation Of value to value tiic
| Wide world oTer. Il every uoycr'lment on tlle
face OF tho gohe should attempt II. the i'1la'
result wunla t's change 81 thc s3oTernmen1l,s
Of the word,-'mt cf1ango III thn "or!u's
values or measure OF values.
Sa;ons hare e1 aa' ad sono N az saa m'stofy m
change, llas sto'sf aat catVcs OF all nations, at'd
Is older tlan this Pyramids,
The tact that, In every civilized country, tho
shows that the ca,,so Of this condition is gyu-
crat not local. Hard times; e,,'1',nercial .is,
trcss anl iusoyeury; laf'or idle, l,npaf,i, mud
nseies.i industry 81 crippled ta every btaus't' '
spa,ring; suicides; corruption, .hisl1 nnl low;
crime al,d want hand iu hAt,d; tic mob, tho
riot, tlu threat Of tho Conm,li,e,-.-slgns Of np.
hesysl a snesl disaster =. s nm. IN EnfN S0
-alt pul1lt to thu ei,augo III tue. worlds meas.
ure of yalurs which l,ls put tho relation OF
yn!uc tn yalAo III such disturbance that rn,'ttni
though stricken. aaro not borrow; while 'a''ur,
whtr! gives life IL both blist'lrss nEnl
eapttal TT. despair stan'ls ready
to clutch tho throat of hoth In rcprisaf. Eli
| Eianl tlcmonctlzctl silver ioisg agu; and the
German Staics un1 Austria tlcEnnnctlzcu go'ft
in 1861. The GertilAr Eu1llrc IN l5!l to correct
tic mistake Of ]HH, tet1los'cttzrl silver; nnt!
tue 3tatcB Ut tue Laln CHiol In 1874 restricted
~,xr.f BAH 1fsH
In 1878, Without tho knowledge Of the pconlc,
or even UoycsnNvnt, de1nunettxel silver. Tho
last two tccadcs hare seen nearly all the
arbitrary charges i'll thc worlds tueaauru q!
men, Is it strango that, IN thc trembling and
acI.ltye balance OF thu wDr!tps trade, tue far,
uIt Eaxt WAS the ilss, tiaarter Ut thu g!uhc t1
respond with exchange ut ~ per tcut tctwsei
Calcutta aud LonIont. ai't cs!t,tl'crglal bunk
ruptcy that Slit,ok to their 1all English llousc'
~ nTd as british rule tn 1ndlat
Ills Idle to reesi;nl,,ase' ,, n!r nwn uoSern l1,
ens ts 1lot aioe 70 natc; ue 'eess % va oef'
recover the old clupoIse uf value, and VII
hayo it, " Regolnton.
lsostofu u silrer its nl'l.ttHle function IN ~
cconony Ut human iIfe, a';d YOU reslors gu
naost Of al TO thnt klilA vi property ca!lca eapt
tuI which Is simply The rroi1!!so Of ono 10 pa.
another, md for !ls value drpeis,ls Hp1fa III
, ability us much as gOod ,aisii ut TIC H4nKer
tho ptunlfso, whether It bca natlon or ati !n!ii
| v!tlual ,-tlat peculiar klhl NJ property %t'cl
! always buiiers a3st aud snost ~ every xsSA @
} el'auGr, anu u always 'tcs11bycG ny rovointoi'
=, because It Ia mcither iana, s,lfsi or !'uld, no
d tangible III any form, 10 cas- or IN 1asufo. ,
ln the rule ages Wlela ue Gta'c Was; .,Le ..e
him take WHO y inag atu !d nnM am, Hho ~ sah .St n
tai; aud thcFe Gull he ao capital III aiy aye wttt
, out justice md equity.
\ Without silver restored to tts place a. III
tucasuEc ol value,-'lot besaase II Is essential