Lexington weekly intelligencer. (Lexington, Mo.) 1871-1887, 1878-07-27
THE NORTH AMERICAN REVIEW.

We have received the July-August
number of that excellent magazine,
The North American Review" AS
usual, it is filled with scholarly articles.
from the pens of gentlemen well known
in the walks of politics, science and lit
erature. No person who desires TO keep
abreast Of the current thought of the day |
can afford to deprive himself of this able
publication. 1t is edited by Allen Thorn
dixie Rice. whose taste and Judgment in |
selecting from among the prominent
men of the day those especially adapted
to treat OF the various subjects occupy
ing the public mind, has been most
marked. The publishers. Messrs. ID.
Appleton & Co., New York, give us
good. honest white paper. and clear,
leglble type. so that altogether the mag
azine is an intellectual treat. The terms
are five dollars per year, or single num-
bers one dollar. Persons wishing to
subscribe should address, The North
American Review, New York City"
The number before US contains, beside
its literary reviews. the following named
articles: The Failure OF Universal Sui-
irage." by Francis Parkman; "lnterna-
tional Obligations Of the United States"
by w. B. Lawrence; AN Advertisement
tor New Religion" by An Evoiution-
ist; "A Senator's Fidelity Vindicated."
by Edward l.. Pierce; "The Position of
the Jews in America" by Rabbi e. Gott-
he'll The Outlook" by Wendell Phil
lips; debtor and Creditor by Hon.
K Z. Bland and Henry w. Poor. and the
"NatIve Army Of India" by Sir Gurnett
Wolseley. The paper writer by Mr..
Bland is of especial interest at this time,
when the currency question is absorbing
30 much attention; and, coming as 1t
does. from a man who has been conspic-
uous for his manly and bold defense OF
the interests OF the mass of the people, as
opposed to those of the eastern money
sharks. who have striven to make mon
ey dear and everything else cheap. i,
deserves a careful and general reading
As indicative Of its sound matter We
present our readers two short extracts
| 1.-The west and the south do not fail &c
See that the persons and classes now
urging contraction. Of paper issues of the
government are the same persons and
classes who SO stuhbornly resisted the
restoration Of silver. The object to be ac.
complished. by diminishing the amour,
of legal-tender paper. is precisely the
same object which was sought to be &C.
complished by the decentralization o
silver. AS wages and prices fall with ;
| decreasing volume of money, bonds
mortgages. and credits OF all kinds. rise
in value. TO those who have eyes. and
| choose to use them. the motives OF tht
men who are demanding the withdraw
al of legal-tender paper are as clearly
apparent as the motive which caused
the same men to push. their opposition
to silver to the irenzied extremity Of in
stigatlEg the outrage. as scandalous q!
it was impotent, OF q presidential vett
of law passed by congress, IN the ex
ercise of its admitted constitutional con
troll over the coinage, after the mos
ample deliberation, and by maiortle
rarely if ever given to any controvert
ed public measure at !:
said that the surplus revenues of til,
government since the war. instead o
having been applied to the interest
bearing debts of the country. should have
been applied to the redemption and can
collation. OF the paper currency. The
kernel of the controversy lies mostl.
at this point. The true view is. tina
the paper currency should have been
and ought now to be, maintained ir
full volume until the debts of the wa
are substantially paid off To go bacI
to ante-war money, ante-war wages
and ante-war prices. might be tolerab.
if, at the same time, we could go bac
to ante-war freedom from debt, and an
te-war lightness of national taxation
But to destroy the paper currency. an
leave the enormous debts contracted I'm
der that currency scarcely diminished
and to be paid OFT on the scale of wages
and prices existing before the war, is a
attempted robbery, as much in tn
broad light OF day. and as completed
unconcealed, as was that attempted i
surprise nobody that the persons an
classes concerned in both attempts ar
the same.