The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1878-03-15
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fsAsse nsaT 4 Fssetar rrMna.
The ,lvAtA II the eisillssd nAasuns
amnHht IN ars~ than ~lehA ttm~A shs
srsAl n MI th~ euid ard silver m&~a N
mossy III Ensut~ MMd AMsttcM. M.
,isnAf slshss ansunMi n "a. sun. nm. .uhl
vMilfu~~l slsits, ~. .ffp,, nm. .rtas. assi esass
and mas,c4rsi delAs, A.9S0. .Mm, On.
T'h" srsr rnle II This vHsa sun VI ~.
rsn nnn, ,ust. Tsse twinrirAl n newer n
l,e paid. Il 10 ,is&lgn~i ln constitute 4
yuk~ ri perpetual houda9r nl,on wufk.
ihrfnrn. N N - ~ the nA~Ana N snip.
porting An Asi1s.~rary INT III time. II
n tlie foundation wtpm which "a oil.
aasrhy snWy stand within the halla ii
lreitlAtiou, the temples NJ jnstsc~, ths'
ch~mhen N tho Ess~nlive, and dirlai~
~ sn.rtually ~ slssrota n thcAr who
obey the AlmiehlyN Arst canon b msh
and eAm their lining ny tho sweat of
their brow. - ExrAdN0v.
vArTr AND vt0rNks.
The total amount II Golsl In the cunn.
sfy In lSnl, aays 4 contemporary, wss
e176, ,Ml0, mo. Thc total amount ri
paper circulation th~ Asme yrar vac
4ifDS, af6, nm. ThIa WA composed ~.
cinsivsly ~ State hank notes. The total
amount u eoldin In 1870 was ei2l, ono, nm.
Now II II about o1iO, 600, 600, while the
amount Availabl~ for reaumptson ID lsss
than 90, ,OOD, ,O1Nl II N not absurd ~
tAlk of rssnmption under these cifcum.
slAnccss We wese bettes prepared ~
re~nme In 1870 than ~ asr nov. In
is6D 80 had : mush larger amount 81
gold thsn currency, and yct specie pay.
menta wore maintained with the utnost
difficulty. Now the volume of thc paper
money II nearly seven times m great N
all Tho gold In the country, and vt some
talk vi rcsnming specie payments |,
Would that the fool.killcr we're not sent
AwHyi
hKrRAL TINE MHsUMrTfoN Act.
Grateful ~ this measure of relief the
Silver bill will be- ~ tho business Iii.
tercsts of the country, II will fail of the
full measure Of success unicss 10 In com.
plcmented BY repeal of Tho act fixing
the date for the resumption III specie
payments That statute In one of the
prime factors Of our financial Distress.
and II In NJ wrongful, inischicvous, an.l
unjust m was tho act III dem0nctixing
silver. II IN by thu repeal II Tho r..
sumption net tl,st W viii rclegmie 10 the
laws of trade the Axity or rclativity of
money values. Under these laws wc le-
licve silver will soon appreciate 10 the
gold standard ~ the United States.
which IL sixteen 10 one. Tho absorption
Of currency IN business will bc tho r..
liable measure for tho volume ri the
circulating medium, aud hence In the
future this great money question will
virtually settle itself and bc kept ont of
Congress, except where interference by
the National Legislature II warranted hy
tho organic Law VI the nation. - lAiin.
deiphia Inquirer.
pisTMINrTiON or NATIONAL RANKS,
The following shows the number ri
national banks In each State and Terri.
tory, - well NJ In the leading cities II
the country, ~ reported last ycar. II
will bc scen at 4 glance that Tho greAt
of them II In the East,
and that will 60 far toward accounting
Ior the great strength oi tho money
power in tlint quarter: