The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1878-03-08
A uREENDACK CURRENCY.


G@u tbWtlrr 1tNNrs MHN Describes the
kinH ~ Money the r~npl~ want.
lfram hI~ iseeea. speerL IN reaarrs.l
Mr.. Hntlcr declared himself for the
full restoration of silver 10 thu coinage
of tl,r country, and thai every debt of
the United Stint ~ now existing whicl,
coul.l b. raid ny the silver dollar now
proposed VIVA hy tlr very terms ri tlc
law unler which tho debt VIVA contracted
10 'e paid hy silver dollars II the same
weight ani iinencra. In regard 10 the
point nf dishonesty toward public or
private creditors, l,c asked whether II
was immoral. dishonest or wrong 10 pro-
vile by Inv that tho debtor shall pay
hnck iack nll hc received with la.
tUress In discharge u money debt.
The .nme dollar which pnys the poor
mans debt should equally cancel tlic
rich mans demand. Both should stand
before The Nv nike, aud right and jns.
tier be dome III thu hands ii Congress,
In spite of Executive recommendation
or Executive power, whether In the
shape af a veto or otherwise.
Mr.. butler denied that etiO, ,Ot)O, ,OOO of
NuuNs0s " HUSiAstK uhe tHNb A1lOWuts
Ind been returned from Europe. hut
wished, for Tho financial and kn.inea~
prosperity oi the country, II were trnc.
lic wished Europe would send bnck
every hond of ours II holds. and thu
lower the price n which they sell here
the better. II he could hcnr onr 6.per.
cent. bonds were coming laak at 80 cents
on tho dollar. 10 bc exchanged for our
merchandise, our gold, or our silver, hc
should look upon II ~ the brightest and
happicst financial fact the country ever
knew lie wantcd ~ 500 both silver
aud wheat sent abroad ~ pay our debts,
and bring tho balance u trale In onr
favor.
Hc snw neither wisdom nor states
man h p In locking 0nr silver up III
vaults. liz feprobated tho withdrawal
VI the pnpcr fractional currency aud
subatituflon for II of subsidiary silver
coin. saying that tho pr pie were to b.
taxed the enormous sum represented by
tho . pr cciit compound inteIeAt IN
sjO, 01O, ,OOO for thirty years, AMI that. II
the Secretary ~ the Treasury who framed
that measure had ever nHt down alMl
madc thu calculation, nnd then fooli.hiy
cart tLat enormous burden On ille pro.
pie, lao ought ~ be hanged to tlle near.
rst lamp.pust for malice toward nll man.
kind. II h. hAd not done 10, lIc ought
| To be hanged nj NIL events for getting
| into m oillce which hc could not I'LL.
Mr.. butler concluded ~ follows: W.
want tho grecnback Tor our currency.
md mean 10 hAvo II. hut ] 10 MT u.
sirc TINT grrcnbmck currency should b.
made 81 srryr tho country ~ II has dome
---viliiie.i, insnltel, deprciated by acl
of Government ilseli, being refused no,
only 10 bc received for oil debts dur ths
Government, not cvcn paid Tor all d.
mMnds line from tho Government. TIL
American system u 6nAnce which VII
obtain In tho near future, and liope .
ONCE which slcsire--~iA:
1. Il dollar Tint siiall have n all tin1ri
. certain tixcd and stable valiie bclov
which II cAnnot 70.
?. l demand the dollar shall bG isstsct
by Government alone IN thu exercise o
| ita high prcrOgntivo and constitutions
power, and that that power shall not y
delegated 10 any corporation or indivisl
unl auy more than Charles II. ought 4
have delegated hin prcrogative u stamp
Ink gold coin for tho benefit of his paSM
mouFr m monopoly.
y. want that dollar stamped on sotn
convenient anil cheap material u th
least possible intrinsic value, ~ tha
neither tho wear nor IT. destruction vii
bc my loss 10 the Government insning !
i. | AlHo desire the ,!ollr tu ba mail
! 10 rnct, material fnr tie purpoee that