The Cairo bulletin. [volume] (Cairo, Ill.) 1872-1878, 1878-01-17

sentiments OF ninc-tenths of tho. re olpe
oil the state. Below we give the re solu-
tons in full:
i"S FSiA' Bill AND RESOLUTIONS,
, nv; HSND by act OF congress OF
coS,na 1872, provision was made tor the
,s.'e Z of a silver dollar Of the value OF
" spanish milled dollar then current
,ntaining 37ll grains OF pure SILVER 10
, The monetary unit OF the United States,
and although the standard weight OF the
said dollar which was originally 4lG
grains including the alloy, was III 1885,
reduced TO 4l2A grains, yet the quantity
| of pure silver which it contained and It's
| intrinsic value remained unchanged for a
period OF more than eighty years, during
| all which time the silver dollar so coined
continued to be The monetary unit and
standard measure OF value for the United
| States aud
WHEREAS silver and gold concurrently
| have constructive basis OF the monetary
systems OF all nations and peoples since
| the earliest period in the history OF
| civilized man; and
WHEREAS silver coin has always cons
| stituted the Chief and frequently the only
metallic legal-tender currency In general
use among the masses OF the American
people and
WHEREAS the business and credit OF
the whole country during almost the en-
| tire period OF the national existence have
been adjusted to this standard measure
OF values; anu
WHEREAS all bonds OF the United
States by law and the terms expressed
on their face, are payable in coin OF the
standard ui July II, 1870, namely SILVER
OF 4l21 aud gold $50 grains; therefore,
Rcs0lced thai the Recommendation, OF the
silver coinage oil the United States was q
change in our monetary system SO grave
and radical in its character and SO vital
ly Affecting the commercial interests ANA
rights of Tho people, that |. ought not t.
have been velurcd upon even under cir
cumstauves most favorable until after
iull thorough and exhaustive discussion
its merits before the people, and tn"
covert scheme by which this important
measure was preCipilated upon the coun.
try, without one word OF discussion,
either in or out Of congress, and the OBJ
slinate persistence with which the scheme
is still prosecuted in a time OF unparal-
lcled business prostraton and disaster,
and with the forced resumption OF specie
payments in immediate prospect, dis
; CLOSES u reckless uisicHaiu ioi VIC PUN
welfare OH liie part Vi us 'ho'els VIM"
, merits our se'eres' cehsure anu con-
demnat on.
ReS0seed 'i"U ohe oo'ioue pu'po1' VI
tue ACT ue"ohe'iLns eh'ei wa w. ~
crease l'e Naue Vi NV so' "a W.
= ana Correspondence e'easo .ne p ,n.(
= Durueh ny seeuIi"s ,no p"y .'.o.l " .n1a'
DohuS III goiu Mne,l w 'l'o'i teihs p'a.,'
\ eApfesseu VI. ut.n 'H.o ny ' aV ~
= deeihaDie III COIN Vi .hc s'auua,u , ,St"e W
!, Tie uHlteu ot"'es oi ouly iii io'o, o.
Wii,ch ua.e enNe, u"l''i' a. "''' 90 so'0
, qoIiars "sie AVA rrivate; that IN oruel
! to secure to the oond'holders THIS adVah'
e tage TO whicl they are ~ o"lse eLutIed
e the people nave beeh cllndestlhCIy roo
&C bed OF the legai-tehdef quality oi one
y half their metallic currency thereby
greatly enhancing the diticlity ana th'
danger OF the proposed resumption o
specie payments, ana unJusuy increasing
the burden OF every Individual at large.
FeSOtted tial VIC fiom VIVA jus. ai"i "
n the position taken by the president OF
e. this question III ms late message, ana w
c have good reason to believe that III
e judgement has been warped ana mis-
7. guided by the bad counsels OF his consul
lie tulional advisers into the adoption OF
rs line OF policy which would give the Dond
81 holders an undue and unjust advantage
greatly to the detrlment OF The people
III We have searched IN vain through III
Or message for any word OF true comfort 10
ID the struggling mass by whose labor IN
y money must be earned TO pay tines
I'd bonds We regard fns suggestion tba
1t by yielding to the demands OF the puDil
creditors these bonds may be exchanged
for others nc reduced interest rs ne
;, fusion. There are two parties intereste
ha iAuihis queston-those who are to pay
~ IS well rs those who are to receive pay
:, ment. We demand that justice-Slmpl
~ Justice be done To both by restoring III
Old, time>honored standard measure
values. The burdens of government vi
then rest lightly upon the shoulders of
lie prosperous people. But we see no hof
he of returning prosperity in the tinanc
sh policy OF the president and his malady
H. ors.
Resolved that the holders OF governmel
bonds not only have no right. legal c
he equitable, to demand payment otherwit
ar according to their expressed terms, br
" the government cannot, with due r.
We gard to the rights of the people, waive /
of option to pay in silver or gold, and IT
ed strict itself to payment in gold only; an
m that when the attempt to 90 this IL mac
n. by legislatiug out of existence the who
W, silver coinage OF the country as leg
tender and ut the same time depreciatin
the value OF one OF its most importa
products in the markets OF the world, ii
consequences of this nefarious schen
are so iar.reachng and disastrous that