, 1877-12-17

md M question vas eyer more fuly considered
hr the people, nor were thc!E wishes ever more
<lrciAcily expressed, than hv their Representa-
tlvcs nt,ra Senators IN Congress-.
your p, Exr.,lencr; ; and. i ! wrrc 10 tl,, m,
woull not stop 70 nttirc such assertions A. TINT
Il /, for the interest and honor Of tho pcor1c to
kec,, silver whully or partially dcnlonetfzcd,-as
II tic penrfc were incapable OF Judging what !.
lency will be SLOW to charge either r..
norsncc or llshonor upon great
and magnanitnotls pcnp'c. Who hare bcstowel
on you The highest honor in their gift, But, q,
many Of thc opponents Of asiver l,src abandoned
all other arguments tn erlcr to Gtyc prutnncncc
% une supposed 10 to unanswcrablc. will beg
your Indulgence 10 notice It for 4 moment.
fund tho uatlona1 ,scht at lower rate Of inter.
est than II we phil In gold or silver Al The op-
tfun at thc tovcr,lmfnt. Let us ace: II tisr.
ernInent ,Inds itsclt irrcvocahly to torrow from
shr "w."rs Of gold only, = rsces !. ~ tisif s,t
power Ia .'ictnte terms; but. II Il l'nids lttclt
Tree tn borrow from The owners ,f cithcr gold
or silver. competition would keep down rates.
Forty 'nl'lfnns ot pst'ric who llaEc a.o no
70 .hn Government, II tue t'pvcrnmcnt
~!'I only permit tic eotnagcc "f sle ti'ser IN
which those savings wuutl he invested. ln
lermt.--hv coo'1ninE itself to tue Eolsl-n,o,.or.
t,tt.ts nlnnc. nr ly throwing oren Its loans so
tic wl1s ntoplcl
vs. ufr ,""l: 1.-THE people hare already
rrorerty, @ ~ and tho7 " en,t II Certainly stand tic
snlilI additional depreciation IT per cent. n1"i
then We will be On tl.c ba'l-rosk q gold, n,Hl
can commence to build up" liuth these u.s.
sought 10 be drawn. The pcople ,hayc MI
%se!ate", M "" Sut'' S,lt have '' falenp beiorc i
like grass, before The scytl'c, or like
wind. liuuu1c,ls u thousands Of strung men
llayc aonu down tuo late IN lIfc cvcr 10 rlsc
again. Untold millions of once valuable pfop-
criy have rassvd under The hammer, lost to tho
former, md nearly worthless to the present
owne.s.
No moro Ia It true TINT tl'oso Who still stand
erect can stand up agnnss further dcnreg!a,
tion OF their rem"inine property. represented
by The present premium M Epll. The property
and credits of thu country, arc honcycomOed
with hollowncss hy tho withdrawal al 1noncy
and confidence from the c1,nnncls Of trade:
Every day witnesses the tumbltnH of hnnkA alil
The money Of tho country. TO a largo extent,
remains Idle for The want Of sale aud profitable
employment, nsla starvation statcs the uncin'
ploycd tahorcr full H., the face.
Neither is It true that, Wlcu this per cent
premium t,as bccn wiped out, NC ehall hc tipoll
t'e bedrock beyond which depreciation cannot
20. rlle downward road In prices when o''So
entered Oh, Ia tho downward road To- Hell:
tlssecans Artrni. except by square rlght-about.
face. Afully-hcttlcd, permanent. ani lrrcyocaba
decentralization NJ tiver tn thus country,-a
thtug not yet fully accomplished i, any othe'
tul Influence In iayor Of tho crusade nov fully
organized Of money, toaguel against labor. u
drive silver from the moncy.et"ck u inc
world; The eEsst , Of this, when .a fully r; r.
values Of tho whole world !n comparison with
gold nearly o. quite one-ha'f; aud all tho way
from our present lhtUler1bl0 condition to t1lnl
He'll Of 1nnnrlal ruin will be stfew1 with III
wreck of human hopes ahd happiness. These
arc not orctdrawn pictures. The. ORIGINALS nrt
70 be- found III every community, both East ant
West. -
But VIC are grnvely told that It Is best tt
suffer tue evils Incidental to tae denons1zas'o,
currency atri depreciation Of values, III order =
greater os Is. Wo,. arc told That th
~ expansion. not Of paper, ~
of hard metalllc money, and consequent rIs
In prlccs,~-a totsl et silver u,,I at' i,lattan o
values, It I. called. Well, This fs frank at,'
t',a. tho.s ~ Wis are LuyiiE up our lai,ur mi
property at lrcscat prlcos desire 10 buy them u
ssl lowrr ,1gurcs. ,Sow, only rc.cel'o tls
yuire d millions In this co,1ntry when say thy
iis !,,,y ,slss wurt IS ,aus Srss tsy IL s"d az
tiiycr ~ 1t wns III GrpeubaclsA In l61l; aud
wuutl IT, t;u1 that The then owners u ever
Piece rou1u he reustatctl, As lii the Year c
silver would certainly lo preferable 10 'looi G
int 1T is rec how great would he tllEs drcatlc
imitation III silver Gu+!s. Sllgur 1elnol
c;iEud, ulid ~ bu!ll0t, Is worth within ~ te
cen. vi g.i n1,l, should ucitcr silver aslyane
Nur rull rrrele, md ail values tc Inflated tA til
standard OF silver, II would "1ly 10 an tt1crca!
OF 1tt ;cr tent Dn present values. thtnk u
,ISSN MI raj 4
aHuunt.
tbs hops Of The pcuplo Is, thAt they l'a'
1nn1c no .ntstnKc In placing you ln u poa!tion
rrulcrt AMI promote their interests; and th'
you will make no mistake fa.al to thu suecess
reserve thu right to mako this letter publs
Your most GbGutglit, j. IL. kED3tE.
4 FLEA FOR GOLD PAYMENT T
I.OND1lOLnEItS.
To tbs Editor Of The Tribune.
CHICAGO, Dee. l3,-Tlc average citizen fec
some interest In tho pending question Ut VIII
Is called reconciliation Of silver. and Jet I'm
sou,c difficulty In arriving ut n eoneIasIon ctll
way. A. least judgc surh 10 be t:le fact, fro
recent conversations on tho aubIett, ~
others, and know 1t TO 10 30 with n,yself.
do uot understand that any ono clatAls til
e!lger is not nov, anl should not continue
be-, q part vi tue coinage of tho country. Nor
II material, except ~ matter OF conycuIens
as to the character Of the coinage, - g., wheth
1t TIC In dollars, half-dollars, or smaller co
The proportion would doubtless po rtgl.lat
by tie wants ot the community. Tho inateri
question H., to what o1trut silver shall bo
lsgnI.sc,rlcr for dubts, public and private. q
lut'rc especially Tor ihe debt OF thv Unit
btAtts.
By the net OF February, 1873, sltvor wss
,noue!kze1,-i. G.. csaScl 10 f,c a lugal-tcnt
for thu debts oi tho Noycrnn,Int, ,-ccasrd 10
money. Can the t1uyeFHIncnt now say Il
obligations issued sitleu llsat period khall
payable III solnethlng Which was uot mon
when thoso obligations wcre issuettf II I
creditor objects, ai1t inclined to tlnk ile tot
with justivu say, =. YOU canaot Jay my but
Issued It, 1875, IN silver. The PROMISE was
pay In noncy. t'rhc t,romIse was tu pay
tpIu-Ep.I What tnoasyt. Why, tsgal saos
1t tho lssning of tho bon,l. You cannot,
ial1ncss, !nake ano&tIrr standard after OUT E,
truct WIS made, as to that cOntrart. and,
vnu ttn this or nttelupt by law IL III, IT, II "