The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1878-02-08

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lnnssirn, and ~ III ~ r.sa ~ ths nstr,~s.
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ilsvns~nd sis.iia srnas IN which .s.is tsss ~
alss esq III ihs lsne II " lssus hss an~ Il ".
tnkeH NJ Hna paid fof With usef d fhvussnd
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nsseAsnis Who rsstriaass~i = lnsi~' and ut Ansi
s ss.s. m.nss Tie sa.'ne.' 'msa ~" ~. ~. .
Esnna shr weight III ssssir .,l|lxntsns,s lsfvs.
|. inercssssi hs hsing. dep is.si ~ the means
aser. ana rrass.tsy isssii. ii the ss~var ~ IL
mooney, rhanrss hsnsls frnM the asbs"i
r. this. rr~tttnr classes In payment ~
values that the business mar Il sad anI snd
cau~*ai No. and hutnra .I~ sNrts away. t.itsu
far ..,s want ~. y VERY small sun, Z, ,noae,.
mvntai o. IA ms h.n w ilsr art tur n intveh
resumption ~ stwrir payments, Nlae pFut@rts
moi i.ss than IA n.s c.n,. IA value. Whas
could w ~oii nor Sim NV years ngo can IL
bought nov i.a ~ on Nh average all ost.r lhs
rnuntfy. THIS l. .fitHtnA tuniisrAtlnn nj
property amounting a. n.i lisa III value than
eiu,OnNn,Ab wien III. estimate IN appisi H.
every state and r"ctinn niiks. In tnis vast
shrlnkaxe III all values. Arising FROM The
found tue ,n,mrsiinis rnisr III ihsi xeucr.l
MIN ,r . a s :" M "sm ~. Inc as
failures. ur0krn savings hanks,
and the lamentations " The ppor Who have
opportunity ~ rarn more. Under thu inilu.
encc ot this I,iiey nearly iorty Thousand hus,.
ncsS failures havu taken plnc. In tiiis country
Ing In tho aRRrvaate 10 ovcr sl.uUlussDD. The
henrt sickenx IN thinking Tor moment ~ the
S nre. s "s"ss wnc es sn, ' na ,,,
sent. ~ thu policy ot this government has
bcen ~ tntiict Tho xvat.st misery Oh The
Ii IL invNin IL attribute such widespread ila,s.
terN W other cAu~~, We MDuS stiffness hssar thcM
ascrlbci % what n vaguely styled overilo.
~ lhts OracMlar term. Overprsxinction. What
= " that W. 0verp!otinccs II there t"o much
n.o.i, clnlliins, md other ncsssSitie. of iitr'
wliu creMs.s wealth.. mad ovprpissincsfnii would
wealth. i, WHEY VIII b. na f'S" co nv .pa sa, ..
y asrs~ss,oa and si"em. q Saaa.iai sa s
lAlor.F~ prAyink nnL p!say,nw IN vain, tur the
sncc Atsorlrd ~ slaves. of working
I ihe b.rs means e snn~.sienc.; THE mis-.
lnpson ~ tho eMrtl, il nar .iiii6remt from t,is
Unless depriycN ~ lin natural functions by
% sSa = stss ss ."s ea..s n
their mlhAt,
III, ina ceuas most commonly assigned hy
fui effects on TIM business and labor of thu
country IN thMt thu curtwney hAs BEEN mud "
yet IN MM Inflated condition. and thai real
Ion 10 iHs soiA nAsis. Thu sviis Ii Imitation
have bsvn patntad In thu darkest coiotH for
ys.s. n,..., Mud y. Al occN.,ons nv 9a. an
thu true interest ~ 1, Ndc and commerce, nor
would II ever b. nccesxnry ~ discuss The yurs.
Willing 10 lei thu volume " uur aurr ncs
REMAIN ~ ~. point whore the country
pro.ps.s.. most ai.a ~. people were nNpl'.cst
our rAlrr circulation w. Erss.est ana !hs
years ~ contraction which have followed, N
crushing 10 tbs advocates 81 tho latter policy.
ANIL I'm, when thv volume " uur currency Nv.
srnxctt over thons.nu millions, thu nuslnrss
II n"nsr sna n" s" sr,. n N Any nn lss month";
naant against full And generous circu.
wnis n ,asHs .xs,rmasas. s"s ~ 'as a IN.
iialion thr windows. III business houses
were hnt unrkeneu, AMI BUSINESS mr., did tl0l
~ ~ M0urn0lh about The Atru.tn. The iahorssr
did not ~ home without ~ uAA IN Ills wife
and chilslran; helpiesA millions did mt uDwcr
and trunitlu Mt the approach nj winter fur luck
q: fond and shelter, tho public pcuer WAS not
hruken by fluts III raaistMnce a. starvation
WAas.; The courts were mot principally 0ccn.
1axea. ordering sheriff sales 81 In
pMMtnhtnw thu destitute MDd OntuAAt, Thes4,
ARK xutnu thugs which Atd not tMkc place.
Others that did are equally. slrikinR. ttOssi
wages aud xtNAl prices stimulated every labor
lns mAi. 4 dnuHcle, every ht.ssnr.A I.An'A brain.
eat and ni0at productive activity, Hops Mnd
encouragement was IN every heart. New
flrinh VERY bought Aild cultivated; new work.
~ u. were Opthet: now nlknufMctDri"s wafu
e.twbll.ll.ai INV towns AMI ellie. Mrre inuisd.
~, aud rid tsstes ~ banded Mnd improved; neW
railroads. wore Oiiili, wlvina cniplOy mrnl
u millions, and bringing thu ftlaut-
oAl aud nsust OOseurU TewlanM int0
iMMUsllMtN contact with trade Aid civtli-
xAttOni new lnlnVs ~ cnHl. trUn AMI silver
were sunk In tllr earth. whtHr contents In re-