The home journal. (Winchester, Tenn.) 1858-188?, 1878-02-07

explicitly laVOTlDB JnlS view.
Mr.. Voorhees, commented Mt some
length on the passage of the law Of
February r. 1873, which he said doomed
the dollar of our fathers, and It's enact
ment was as completely unknown TO the
people, and indeed TO four-ifths of con-
gress itself, as the presence of burglar
in house at midnight to its sleeping
inmates. The silver dollar was elimina-
ted from our money system under the
cover of false pretense.
Mr.. Voorhees, proceeded to show that,
OF the entire trading and commercial
populations of the earth, more than four
times as many people have chosen silver
az have chosen gold, and more than five
times as many have chosen silver as have
chosen gold and silver together The
laboring classes desire money to be
plentiful, while those who wish to fasten
their idle wealth on productions of labor
clamor for scarce and dear money. IL
was in the interest of the latter powerful
class that silver was demonetized.
lie referred to the act of Jan. II, 1875,
for the resumption of specie payments,
and said the law of February, 1873, TAX
ing away silver money from the people,
and the law Of January, 1875, fixing the
day now less than year in advance,
when greenbacks shall also perish, are
twin monsters OF evil, born of the same
parentage, and linked together for the
destruction Of all money save gold. He
wildly portrayed the effect of such leg
islation unon business and labor Ue
spoke of the impossibilitv of resuminr
,Januarv 1879, and attributed the vast
shrinkage in the value of property and
universal distress TO the policy of con.
traction, and said during the four wears
when the volume of currency averaged
81 ,OOO. GOO 600 the business failures of
the entire country reached only > 1877,
less in number than occurred in ary
three months of the wear lust closed.
During the period which is now stigma
tized as one OF imitation, the windows of
business houses were not darkened, and
business men did not 90 az mourners
about the streets The laborer did not 90
home without bread to his wife and chill.
dren. Helpless millions did not COVER
and tremble at the approach of winter
for lack of food and shelter. The public
peace was not broken by riots in resist
ance 10 starVa'ioh wages. me courts
were hot prhc.pal'y, occupied III en-
'oic'hS coilec'iohs! lorec'os'ng mort
eages' orueIing sheiiil safes, or Ill pun
lSn,ng ,n vhe neslivule , oulcast; u,.
the sveaAei neAt .ulheu MS avsehVion
w we na'.ohal t;n, uanhs' anu s"iu Vhe sys.
.enl VI nHVloi'a' n' papAls m i'oM @ III use ls the
lioa: .l"oo,"'o anu 'ouip,evo ooneine i1i
"N.aS rdsSr fe"G'" 10y ;roUiat;n , w "J,' "Ja,vn'
~ o,Ie' w ou'a,n :, .a,O.'SS,s nioutu'
world, There IL not a dollar in the
hands Of the peopIe on which thew have
not paid A tax for the privilege of having
il niit in circulation bv the government
The national hank il the middle. he.
tween tbe government and the neonle
and il enormouslv Maid for doing what
The rorornment onoht d;rectlv to dn
itself % On Oct ! 1S71 there we're , oSo
natiorol bonLs u;tb roSonrcss of a.
7di on6 oo0 and on tbese rosonrceo tho
;ntorost uay'pW;d ,o;d Wv" hu 10 ~ ~ noonlo was S,sn M
600 600 per ann,rm.
Mr. Vo,rbees a,;d ha rorrssertod tboso
who JomanJeJNN ~ WV '''''''
"n' ~ Wv -
l. Inc restoration OF tne silver dollar
eXacIiY ~ IL stoou before IL was toucaeu
by the act OF Fe6ruary, 1913. lhey
desire that ~ shail nave unlimited com
age hot rearing mat IL Will become TOO
r'onsy 'oi ,iu 'noii I., wants. anu Vha' !. ue
io !, !. a. rond @ ndn ,.ith % ,,h;o,, s .nI ni
Ioi'a q" SmbI;o SbG o% "nd .;ot m.tm "oo" ~ pa! a..
uus', ;n pU,o "nu p"'' I9 =. wac IG h;a
tnrS mS Ssh'' 0''' ''"'' " II n''' '''" HID
WY ,..
Inc fepeai uncohdltl0naiiy OF the
"oDo' Jan -, 100 oonhpeii'hs Gne re-
SUN sun pIioi " sp.cie pay menus oh Jan /,
,orD' no,''ius 'n"I 'Hc question VI re.
'uin 'u,I " sPe.le pasls ,or our currency
snou;u NC coli.io'ieu ehtireiy ny tne pusi-
.,e.' e. Lat;a tnS.o'. ~. VI INC county ihey ao
Ioeu i1oo DeiI0,I ,i', .naV 'h1 country shoulu pe
ut"sssua - ,an maouen 1 the uep!ns Oh rum,
"ir,oIu roooI o"id anu atanI.s uaua.lon IN orueI
alone Of the income classes o 'en'nV
M, A.. .a,;c.,aI -.
q, IVA. .uo I na.'ona, n:a.,,;e oa.hne system
w rtIo'eu, r;I"a ~, anu th. aau.anu umou medium
paosiiosu p bsr, 'Ie no. ,hon, f iol Inc
R,e"p'e ,ao1 of ohte;n;n% Il snJ ' tbsu M sa .ne PITY
0 ,he omnt VI .,hns n,acod w s;rom,ot;n. a' tna'
sha,, aa A hear a " rsosdnahIa % ard ;ud;o;a,'n
sn" l",.';"n YEA :" tha hms;noss "r tr.n.an,;ons
PnJpU. nnnu1ot;or ~uI " % oi ,he ITn;tsd Stotss
"uu puP"'".'o" VI WIG ',' ~
4. That the currency authorlzed ana
circulated on the authority OF the gov
crnment snail oe maze iegai teneer IN
payment oi al deols, puolic OF PIlVate'
including all dues TO tne government,
well knowing that IL wiz oe az par WIN
gold, or more IlKeiy al premium over
it; and,
5. That hereafter the financial policy
of the country be framed p: rmanently
!, ,heir interest. that they shall not be