Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1878-10-09

without shore, without reckoning,
and without tide, because consider
that IL we had never pledged our
selves,-if we had no honorable obli-
gations restraining us, that we could
not take any step that would be 10 ut.
terly and entirely destructive to all
prosperity ~ that would be. WhyS
have asked,-I was going to cay %
many men az there are in this crowd,
although it would be wrong to say
90, for it seems to me they are %
the sands of the sea here to-day,-but
I have asked . great many men, and
never yet have got An answer to this
question, and put the question to
you, to take home with you tonight
to sleep on Il, to reflect ON it, and to
vote on It next Tuesday. My ques-
ton 10 this: II you propose now to
have the Government Issue large
amount of paper money,
HOW DO YOU PROPOSE TO LIMIT
or control or regulate the amount of
it? How do you propose to regulate,
or limit or control the amount of cir
culation? Why, the answer is, Soon
gress." Going to have Congress do it;
that is, you are not going to know
how much the circulating medium in
this country is until Congress meets.
You are not to know the price of
wheat, or corn, or beef, or any prod
uct of the farm, until Congress tells
you what shall be the bulk of the cir
culating medium. You cannot make
any agreement to sell, or receive, or
accept, q single commodity in Iowa
under this system of finances eight
months ahead until the impending
session of Congress arrives. You cam
not tell any more than you could tell
the state of the weather a year hence,
what would be the price of pork and
beef and corn eight months thereaf-
ter. It would stop the wheels of bust
ness of the country as absolutely as II
you were smitten with a pestilence in
your great and wealthy State. !,
Holding up some coin in his
hand, he said, will any gentleman tell
me here how long that has heen mon
ey2 Ever since the governmental
ways-it will be for evermore. There
has never been time when both have
not been money. Take gold and take
lyour Bible-and the Bible 10 . good
book it 10 one Of the best of books on
finance that / know of, and IL yon
don't read it for the sake of religion
read 1t for the sake of finances. Turn
! back to the book Of Genesis, and you
will find that Moses, in the fret chap
. ter Of Genesis. seemed to be in lit
\ tie hurry and didn't refer to gold
4 but he got it in the second chapter
= He declared in the second chapter o
: Genesis that the gold Of the land o
Havi!ah was good. / agree will
Moses. And the gold of the land o
: Havilah was not one particle better
r but just the same as the gold of tn
: land of California. That money ha
5 been good ever since. Why tn
: Greenbackers, gentlemen, viii; tel
i you that its value 10 derived from tn
: stamp, that just a. you make pape
y into money, SO you make gold, an
e both derive their value from the gov
'e1 eminent stamp, and they are Undue
q triously intoxicating that idea. Their
y 10 no gentleman in Iowa green enoug
Z. to believe that. Let me read littl
r history, let me tell you Q great hi
q torical instance. When British Indi
q was invaded by Lord Clyde in 1768 {
!. the battle of Placey, the treasures {
h. that great Pagan government WEI
n thrown open to the British, and prof.
e ably ono of the largest piles of col
.. money that was ever exposed to hl
q man view was captured there. l
it that pile of money there were coir
70 Of the ancient empire; there wei
coins of Macedonia, under Phillip
there were coins that bore the STAN
- of Alexander the Great there wei
y coins of the medieval Republics {
he Italy; there were coins of Venice
10 the thirteenth century. They wei
IN laying there by the millions and tel
he of millions; they we're taken up an
- e. sev.t to England; they were put in Il
nd Golfers of the East India Con
n pany, and every one of tho
.; coins of gold and silver Dol
er the stamp of empires that wei
10 10 dead before Christ came on cart
d. bearing the imprint of the goverl
n n ment that was not only dead but 70
s. gotten, bearing the inscriptions tn
n had required scholars to decipher 90
~ explain them, and yet every one I
those coins, gold and silver, had .
Ds absolute and determined valne tn
day in London, as we'll as the Britis
ne sovereign which the hour before hs
Id dropped from the Royal Mint.
ne would like some modern greenbac1
to er to have appeared in London tn
go day with the Macedonian paper mo-
~ ey of Alexander the Great.
To-