Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1878-09-24
Opinions of Eminent Men on Bogus Pa.
per.M0ney.
DANIEL WEBSTER.

DANIEL WEBSTER.
"Of all the contrivances for cheating
the laboring classes of mankind, none
has been more effectual than that which
deludes them with paper-m0ney. It is
the most effectual of Inventions for fer
tilizing the rich mans field by the sweat
of the poor mans brow. Ordinary ty-
ranny, oppression, excessive taxation,
bear lightly on the masses of the COM
munity compared with the fraudulent
currencies and the robberies committed
by deprecated paper-money.
1--WE have suffered more from this
cause than any other cause or calamity.
1t has killed more men, pervaded and
corrupted the choicest interests of our
country more, and done more injustice
than even the arms and articles of our
enemy"
SALMON P. CHASE.
1.-THE Secretary recommends no mere
paper-money scheme; but, on the cOu-
trary, series of measures looking to a
safe and gradual return to gold and sill
yer as the only permanent basis, STAN
dard, and measure of value recognized
in the Constitution. "-Annual Report
of the Secretary of the Treasury, 1862.
LORD MACAULAY
1.-THE evils produced by bad state of
the currency are not such as have been
generally thought worthy to occupy a
prominent place in history; yet it may
| be doubted whether all the misery in
fiicted on the English nation in quar-
ter of century by bad kings, bad min
| listers, bad parliaments, and bad judges
was equal to the misery caused in a sim
gle year by bad currency. "-Histo'y
Of England.
| ALEXANDER HAMILTON.
paper emissions by the Government
are of a nature SO liable to abuse-I may
dom of the Government will be shown
by never trusting itself with so seduc
ing and dangerous power. "-Rep0rt
a0he'a Secretary Of the Treasury.
| JOHN STEWART MILL.
although no doctrine in political
economy rests on more obvious grounds
than the mischief of a paper currency
not maintained at the same value with
metallic, either by convertibility OF
lsome principal of limitation equivalent
to it.; and although accordingly this
doctrine has, though not till after the
discoveries of many years, been tolera-
bly, effectually drummed into the public
mind, yet dissentents are still numer-
GUS, and projectors every now and theI
start up with plans for curing all tn,
economical evils of society by means o
an unlimited issue of inconvertible pa
per. There is, in truth, a great charm
in the idea. To be able to pay off thu
!. national debt, defray the expenses o
fov md
in fine, to make the fortunes of tn,
whole community, is brilliant prospec
when once man is capable of believ-
ing that printing a few characters or
bits of paper will do it. The philoso.
piers stone could not be expected to d.
. more"
Fat Man Made Happy.-Loses 81 lbs.
PRA TTVILLE, Ala., July 2oth, 1873
: BoTANNIC MEDICINE Co., Buffalo, N. Y
Gentlemeaa-About three months age
g I commenced using your "Anti-Fat,
| at which time my weight was 81!
pounds. By following your directions
carefully, have succeeded in reducing
3 my weight to 1853 pounds. Tnis is al
very satisfactory and pleasant; but just
previous to my commencing the use o.
your medicine, I had purchased tive
! suits OF line clothes at high price, an(
! find, to my dismay, that they are en-
! tirely useless to me now. When l put
: one of my coats on, my friends tell me i
) looks like coffee sack on bean pole
> and when put the pants on,-well, de
5 scription fails. My object in writing
! is to ascertain whether you have not, il
) connection with your medicine, an es-
, Enlistment where your patrons, SINH
, 1ar1v sifuated oOuld oYoha n Uo tbpca 100
) less garments for others that would fit
! I think that you ought. to have some
' thing of the kind, as it would be an in
e ducement for many to use the Anti-Fat
t who now object to using it, in conse
: quence of the loss they would sustain il
! throwing away valuable garments
Just turn this matter over in your mind
A Clothing Exchange" is what yol
want in connection with your Anti-Fa
f business. Yours truly,
. GEORGE BOYD. I