The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1878-05-24

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inan.ls TT nasistNal isanllns | H.
n ahyt#tas ~ish alsltul l'uingnt
Hvnla,
The American Aimsnar give Vi.
aggregate circulation IN inlssa tufisf
- II all Aluls ii lsuu, ~ Prs usi Nv,
Nv excluding ffnn his rsilrah II
spAwf Nancy et,ifrn'iltA lhitn Y
lsgnl sehlef siussss, .eiilhsuts II lii
,l~hiaslnrss. ihfrr svHt lfsnAs,fs ,us.a
etr All N which circulated ~ sas
fvnny. thu compiler ri The American
Almanac suggests il inl4shsnsi, shiph
,hu Hsruii u f.ads IL ae.tla iii
truth, ~isheus ins.~.ir4.iinn. Iii thu
report on shr finances Submitted II,
Congress BY the sssr .rtnls n III.
Treasury In pr,4., issst. uf pi,rt i,tif.
tern. tht SECRETARY. Hugh M,tullseh
recommends That compound ih'rtrss
notrs cease ~ W. lcRni tender nI,ni
maturity ANIL that .iN Ter cent hnnda
In snlh ~ retire shrne hundred NIL
lion dollars u United States hpt.&
anil III compound Interest natsr. I'll
lcHinH that I'M tltst sliInn ~ H.
DOM II ~ establish ths policy ~ eon.
traction" Hes report. ri Hon. frrr.
itiAn Clarke. controller uf thu eur.
rrncy. given at rnpr 81 ri the aatiin
report. Mndrr date III Dee, 4. itdt,
and cf =. J.. Spinner treasurer ~ l. n.
II tho susilr report, commencing nj
page 10 Under date VI October 2t. isTb.
According 10 that report II thu
Treasury department, nor the report
of encyclopedias or alinanncs, tho eur.
fency then In circulation wHs M fol.
lows.
Y. y. notes. ...........1 Ana. iG0. 800
Fractional currency. 26.3tA.7l2
National bank notes. II. lhb,Os,O NM
Comp'd Int i. +. notes. 2i7.O34. IfiO
Temporary loan acrtiilets 07.ilh,7l3
Certificates Ut Inirbincss HC.O.l1, ONO
Trcns. . per q. legal tender J2.5sS, ssoi
!" notes rnsr duo not pre-
scnted ...s........... i,SO3O20
Ntntc bank notes ........ 7h.h67. 676
Tkrro years TsoAs. not... SIG, 00O ONO
T.lsl Sept I, 10 1i.ayd. s7s,77
This gave " u per capita u 81 |
dollars. That such u per capita "
necessary IN this country, thorr Ii no
doubt In England the per capita liz
twenty Ave dollars; In Germany,
twenty seven, III France, thirty live.
Nero In the United States, under thu
apCclc policy, W. have contracted thu
currency IN twelve years 20 thu
amount of III ,2Sa, on, o. From Dor
cApitA of weight dollars. We hay.
come down I'D Il per capita u less
than seventeen doilAfs!
HcNin lies the cause u hard times
Hero " the story NJ the terrible aud
DISASTROUS fall IN All values except
Government securities. This *.
pla1ns how the bonLh0ldar hAs been
onriched and lhs plowholdcr inpoy.
erishsd. We are only going through
ths experience III England. when In
1929 Bir Robert Peel pushed
through the speedy sprcir policy,
The rich wcre mule richer and iii.
poor poorer. W. hnva time yet 10
ESCAPE hDsi,o ~ thu evils ~ thia pol.
Icy. The tnaeren eun wfrrt the any.
nrnment from the hands II tho plund.
0refh II they Will net unitnlly and
Tor their own common good.
III tiir day. " Andrew Jackson.
wh~ii democracy meant II defence III
tho puot,lc aBi Il yIndcaiion ~ their
rights, tho sovereign power ~ Tin
government Wnn asserted III III. veto
Os the bill feehartefing Tho national
bsnk, the democracy III that iny H.
nytnR the right u the government
70 delegate 70 eofpor.
auon y power or privilege
no sA"resl ihn, In usc WINS denied ~.
IN ~ III statrs, aud whose use war
roufislad exclusively 81 the federal |
government IN paragraph b. section
of Nh. constitution. The lcmoe.
ruey u tho Herald II VI that clnstle
anti. Jackson character that looks
with eomplse.ncy On thu govern.
insnt farming out Its own pfsroxnsiye
~ corporations, ~ viii BE- su.n by
turning attention 10 the rlorlng .en.
tNree 81 Tin article above taken from
that paper,
What = Communism snd who ars the