Buchanan County bulletin. [volume] (Independence, Iowa) 1869-1891, 1878-08-23
$1,000, 2O6,1 21
PAPER MONEY.


Opinions q Eminent M00 opposed I'd IN
Irredeemabie Currency.
ABRAHAM LINCOLN s7
RI return 10 specie payments at the earliest period
compatible With due regard 70 Ill interests concerned,
should ever bs kept VIEW Tuctuatons In The value
Of currency always iauriona, and 10 reduce these
nuctusons b the lowest possible point will always be
leading purpose in wise legisattoo. Converbtlity
prompt and certain oonvsrbilty into coin 10 aeknowl
edged to be the bet and sursst safeguard against
hem."-Aaasal Message, Dec. 1859. i.es77 ~ IN
t. 'nft7f sa7 DANIEL wxBsrER. .51t .iG G
"Of all the coatriyancs for cheating the laboring
Glasses of mankind none has been moro e6ecsual than
that which dsludss them with paper money. It hths
most sfIsstua Of inventions lbr SoEtilizng the rich
mans field BY the sweat Of the poor nans brow. Or
dinary Tyranny. 0ppFssion, excessive TAXATION bear
lightly on the masses Of community, compared With
fraudulent curreacies and the robberies committed BY
deprecated paper money" sals l' at q1Nsaa1
- We hsys suf.ssd more from this csnss than from
any other cause OF caamiy II has killed moro men,
peryaded and corrupted the choicest interests Of
country mora and done injustice than even tho
arms and artiAossof our enemy" lE6i or a'ia -
81 Il aAIssoM p. cHAm. sCpsIha %
The secretary recommends ne msrs paper money
scheme; but, on the contrary. series Of measures
looking to asafs and gradual return to gold and silver
q 10 e.t permanent bass, standard and measure Of
value recognised u tho constitution "-Assal Report
Of ~ 6ssrss@y efths 1Fsass'y. 1854. s4t'm hH# ''
AL asjs ss. ID LORD xAoAuIxr. esesa spi1o
"Ths evils preduosd BY bad stAts Of the currency,
are not such - have generally been thought worthy
70 occupy prominent place in history ~ itmay b.
doubled whether al the misery inflicted the Engihh
nation In quarter Of . century By bod kings, bed
ministers, bad paziiamsnti and bad yudges squsl
to the misery ssased In dngis year BY bad cur.
rsucy."-8a'~y Of nss'asd .e'H.'e .He N'a' s'
T. AnsxAxDHs HAMILTON. 2nAa sni"-
"Psper emissions BY the government are ofa nature
liable 10 abuse, may say certain 10 BE- abused
that the wisdom Of the government will be shown by
never trusting itssh With ssdncing ana dangerous
power"-RpodsAss ssvstav Of sSsssy.o se"ittd0
sud- b. s1a cnAHlas sunNEs. sial sEf- aae''
Surely No must be all against paper money. . =
We m~s oil Ut or fsoss A6oass @sy prs1osistos kts
~ prsssss except = Temporary szpedsat renAsfsd
imperative By Tie sxiesncy Of the boar. 90 Re.
llcantly, painfully. consent tint he process should
isas. And yst L cannot give sjeh . vsts without
warning the tho dangers fsuA sach
IN experiment. The medicine iof tho eonAttutioA
must not become I'D daiy brsaA.-Dsssss ssths Asss
Of legal ssadss aosss nel4 haA .yrs gbat has ~
-, al n JOHN ssvAH1 MIL og,V s' '9saU
sAlthough no deetsins In political economy Seses
more obvious gresads than Tie mischief Of paper
currency NOT maintained q the same SAlqs with
n lmiatien sqpimlsat q n end alshsash aceos-
dssiy this doctrine has, though not TN amer the dis
eoxsdss Of n:ny ys.a Ss.s ,slfssel! sasstu.ily
stil nunsrous and proisUtoss evyssy aOW al tAsn
Start mp with plans for cnrnE all ~ eoononca svis
Of society BY means u "a unfinished issue Of i9coa-
Thar9 II IA truth. great charm IN
the idea 10 - she - pay % the national dsbt do
may TIE sxpsnses u govsremsat vithouA .t.xaAoa.
and In me, u make the fortunes Of the whole con-
oapabls n believing hAt pf1ing NV chAsasssss On
bih OF pApsn win % r. The Phil0soShesss steas,
esu1d MOI = sxpected 10 Do NOW" ~, .f5sa a.