The daily intelligencer. [volume] (Seattle, Wash. Territory [i.e. Wash.]) 1876-1881, 1878-09-27
By
THADDEUS HANFORD.
Friday, Sept. 81, 1878.

Fr1day, sept. ~, Aofo'
GOVERNMENTAL DEFICIEN-
CY.
Much as may be said about the evils
of q monarchy or absolute forms of gov
eminent in general, at least this much
must be conceded in their favor, they
are strong; nay, more, they very often
are intelligent and withal may be ex.
ecutlve and efficient. A republican
form of government if it prove . mere
piece of costly, numbering machinery,
mo cumErous and inert to be applied
to any sharp. imperative demand OF
the times. the sooner it were showed
aside ~ 90 much dead rubbish. the bet
ter for the people. II is no doubt the
case that our American democratic gov
eminent, though doubtless growing
better, iuster and more nearly 10 the
model Of the perfect republic OF the
s.stesman's ideal. is nevertheless in need
ofs greater degree Of mobilization and
Of q fexibility that will respond more
readily to the cries Of the nations dis.
tress.
We do not say that it were best the
progress Of the movement toward re-
sumption Of specie payments should 30
stopped before the final contamination OF
the object aimed st, although that
progress at ito every step is over the
debris Of shipwrecked lives and crushed
fortunes. Yet it devolves on the gov.
eminent if engaged in carrying on .
bloody campaign for the greatest good
to the greatest number, still to make
some provision for the care and dispo-
sition of the wounded and the dead.
II is . very bad business to have the
industry of the country derangea and
in great part stopped by having the
money factor withdrawn. which is the
life.blood Of business. It throws hun.
dreds Of thousands Of people out Of
employ ment, checks production. and
causes starvation. bankruptcy and crime
in the midst Of natural plenty and
political peace.
A little intelligent attention on the
part VI the Government, directed to-
ward these miseries would, in a great
degree. correct them.
Specie payments must be formally
resumed on the let Of January, but the
gresnbacks Treasury notes. are not
likely to be offered for redemption in
20 great amounts ~ to make any great
run on the treasury vaults for the rea.
con that they are too convenient and
desirable - compared with gold 70
present any inducement to holders to
make the exchange. Furthermore. it is
understood that the accumulation of
coin In the treasury is ample to meet
the utmost demand that is likely to
come upon II for the redemption Of notes
in pursuance of resumption.
The national bank notes will remain
in circulation a. now, and gold and oil.
YER will take the place of the legal
tenders surrendered, and over and
above this, government, according to
the announcement of the administra.
ton, has power still to make new 10
enc Of three hundred millions in legal
tenders under an old act Of Congress.
This issue tho present condition of the
country demands. They should be put
out Independent Of the operation Of
the resumption rot, say Immediately
after the first Of January. if prior to
that time would make them subject to
redemption under the act of 1875; and
should be issued in such . way - to di.
rectly benefit the great mass If uncm-
p'oyed and suffering labor of
the country. This would relieve
instant distress and avert the threaten.
cd danger Of riot and bloody insurrec-
tiop.
The great notthwsst nseds-nAy de-
mands--ths building Of the Northern
Pacific Railroad. Come by what pass
It may-terninate ct whatever port
the dirsctors may select, We oil want
that road built, AID built 1t once. The
East needs il no less than the West.
We have . right to demand that the
Government shall see that il be imme.
diately built. Let the Government 70
call tho land grant which the psorl.
insist Is their own legitimate heritage
and let the Government Issue instead ,
bonus Of ga. o00. 900 Of these notes to b,
expended in the employment of Ameri.
can labor BY the construction of thi,
national road. This would suit tn,
Northern Poetic Railroad Company
ostter. and would insure the immsdias,
prosecution Of the work. On the othe
hand the Government would realix,
two dollars for one thus bestowed il
the sale Of the lands recalled. at tl.2,
pr scre. Tho people. for whose bene
At the Governaent il popularity sup