Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1878-01-09
Che FREEMAN.
MONTPELIER VT.
WE'D NESDAY. JAN. Q, 1878.
Congress.

The forty-ffth Congress having accom-
plished its special session, and having
made in its regular session the beginning
of several good and bad things, assemble
again tomorrow and will doubtless 90 Il
work in earnest.
The action that may be taken will large
ly affect the business interests of the coun
try and there is every prospect that there
will be some very interesting things il
matters ordinarily called political.
The talk of the repeal of the resumption
bill has come TO Il great silence, and it
advocates have devoted their energies t
the silver flank movement. The Blaine
silver bill, modified, has good chances Of
success, and if the notifications are I'M
portant it is quite likely to receive the
presidents signature.
There is II deal of cheap talk on botl
sides Of the silver question, and the trutl
lies somewhere between the statement,
of those puuisanS who are On the ont
hand endeavoring to make political capt.
TIL by being demago9ucs and pleasing thu
fancy of debtors who want their debts di
minished in some other way than by ou
and out payments, and of those who,t
talk is very much as if their whole aim was
to get the favor of men who have plent,
of money.
So far us the payment Of certain bond,
of the United States gocs there is about Il.
much clap rap on the one side as the 9th
er. There is nothing dishonest in paying
II bond according 10 its trlms-what is de-
nominated in the bond is the very thin
call Il for in payment. So far then II,
bonds were issued before the " drmunrJi
zdion of siIv r. in 1873 there is no ! ;
complaint that IL bondholdrr can make
who holds II bond payable in coin, if III,
government pays him what wa, coin
when h" took his bond in such luuunJs Il.
that sort OF coin was then legal tender lo
He may get coin that circumstances
have male of less value than he supposed
he would get; he connot say the bal.
gain has not been kept. But we understands
that the Blaine bill advocates 90 far he.
You'd this in their demands. And even il
they did not it is serious question wheth
cr the government can afford 10 take adj
vantage of the letter of its bond.
The nation is in debt and has to pay in
terest money. fit is going to stand OF
its technical right every time question O
payment comes up and shows itself ;
sharp driver of bargains with its creditors
the result will be larger rates of intercs
for money borrowed. Then again will
two kinds Of dollar, one worth more thar
the other, there will get to be confusion
of prices worse than that of tongues eve
was and the "almighty dollar" will hav,
Il strange Indebtedness. 1t will be lust a.
easy toreckon values by bushels of potaoe
and dozens of hens eggs, as by the now
known terms for currency and coin. Il
fact if we are to have the gold and silve
dollar us proposed, the mnts should scrap,
off the present inscriptions and put Oh
each the semblance of an egg rs illustrat
inc the extreme variety and beauty of tn
new coinage-there being yellow egg
and white eggs, and innumerable othc
likenesscs. By all means let the GOODIES
and the wreath and the eagle yield to tn
egg-a return to first principles.
Besides the financial question there wi
be the two Texas mattcrs-her Pacific roa
and her troubles with Moxico-to be deal
with; the southern policy and perhaps a
investigation into the presidents title; an
the various things that have come nea
being an issue between the president an
the Senate. Altogether there is likely t
be what Horace Greeley used to cal
mighty interesting reading" in tn
record of Washington dongs for the mex
few weeks,