Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1878-05-02
Absolute Money"
Optnboas 81 Eaisess Mea OpposeA - ~ II
FeAee0AAle CHrrcAcy.

OVsnboas 81 E0koeat Nee OpposeA - ~ II.
reAeeoabse Currcscy.
"A return to specie payments at the earliest
period coupstible with due regard 10 all inter
f1uctuxfaons in the value Of curreeey are al
ways injurious. aad to reduce these 0vctuat5ons
TO the lowest possible point will always ee =
leading purpose 10 wise legislation. Coaeerft-
/ blftg. prompt and certain cosrerfibiiftg into
coin is acknowledged 10 BE- tse best and srrest
safeguard against tem.--ABRAHAM LIN
COLIN, 1BEudi Message, Dec. 1862.
'Such medium lirredeemable paper mouey)
has been always liable to fuctustion. Its value
Is continually changing; and these changes,
often great and sudden, expose individual. to
immense loss, are the source OF rutnous specu-
lstions, and destroy all confidence between man
and msn.--CHIEF JUSTICE MARSHALL, L. 5.
Supreme Court decision.
THE Secretary recommends no more lire
deemablel paper money scheme; but on the
contrary. series OF measures looking TO safe
and gradual return to gold and silver ~ he
only permanent basis. standard and measure Of
value recognized in the Constitution SAL
MON r. CHASE, -aaNnal Report as Secretary
Of the Treasury, l>ts.
tine los which Americs has sustained, since
the peace, from the pestilent effects Of ire
deemsble paper money. on the necessary conf
dence between man and man, on the necessary
confidence in the public councils. on the indus
Try and morals Of the people. and ON the char
ac'er OF republican government. constitutes an
enormous deoi against the states ehsryeAete
'sm.; WI, ,,na';isn, ~ rS,sn .,,, 'os
ton Of guilt which can be expiaied no other
wise than b, q voluntary sacrifice on the altar
y, 1850 - ~, -. 80. ,., nA "a. . ~
erdiisi
49, y, y. ."e n'nS ~ 49,.
10 be abused, that the wisdom Of the govern
- -. ..x,.,, -. -
~ ~ u"u -" p g
- = !, Jr~S...s., "'fV'' "'''' '.N
III all the confrivances for cheating the Ia
boring classes OF mankind. none has been more
enectual than that which deiudes them with ir-
redeemsbe paper money: II is the most eject
uAi OF inventions for fertilizing the rich mans
neid by the sweat OF the poor mans brow. OR.
I'm, ,S,'. - .ss, sAA s.'Sa
n.ra, ,x,,5 fr.n5olan. .,,rr',,,as 81 -. -
-.,,s. cn,,m,,,eS sr Ss,.....,.,sIt -. 80.
-D.~,y1 Wr.sTyn S-fe'
We nave suffered more from This cause Than
from any other cause or calamity. IL has Killed
inore men, pefssneu and corrupted tne choicest
interests OF our country morc, and done more
injustice thsn even the arms and artifces OF our
nemy--DASikL WEBSTER
Capitol may be produced by industry and
accumulated by economy. but jugglers only will
propose 10 create II BY legerdemain tricks with
psper.--THoNAs JEFFERSON
Irr,.,aem,hl. name, roonsv .,o,xs-,. ~.
bu.ine.. az Sac;e,x ,,,a : ~. io,,s.. M
When the collapse comes, a. come II must. /;
casts laborers out Of employ ment crushes man
ufsciurer> and merchants and ruins thousands
Of honest and industrious citizens.
BUCHANAN.
.surely We INNS, all h. ,y,,p., drr,si..,,.
sbIe) PAPER money. ". p.Ms, an .,t
osr 6acss a1aiasf arm ,rono.,,ia. i;I~ -
pressAt. except A. . temporary expedient.
rendered imperative by the exiSency Of the
hour. 's' Reluctantly, painfully. / consent
that The process (greenbsck, should issue. And
vet / cannot give such a vote without warning
the government agains, the dangers from such
an experiment. The medicine Of the con.titu-
ton must no, become its daily broad -
CHARLES SUMNER, ~ TIE debQi< on n. issue
o tAe mrs, leoaI trader ,,o,e.
The Committee thought an ASSURANCE should
be gwen 20 the country, n this bin become. a
law, thai il /. no, 10 BE- rssorted 10 AS /. nolirv
that il vas wha, il pretend. 10 be. b., a l,n,,
pOrdrv measure. The opip on. Of The sccre-
isrv Of the Treasury tMr chase are nerfer,Iv
well known. He has declared thai In hi. ,udr
ment. it is. AMI ough, TO b.. but a re,sporarv
fa.asyye And ali the r.n,lsmsn Who