The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1878-06-14
HONEST MONEY.


Preparation 10 resume specie payment Is, in
my opinion, tue first great duty OF the Govern
n,ent olive 2. Morton.
Il vii. pay cash CT nothing. While live l
will never resort to irredeemable paper. Ma
poeon Bonaparte.
capita, may be produced By industry, and
accumulated by economy; but jugglers only
will propose to create 1t by legerdemain tricks
with paper Thomas jefferson.
- am not content with the long postpone
msni OF specie payments: believe the time
has come for this blessing and begin to be
iupsldent when see how easily people find
excuses sor not accepting it"-Chares sum
net
Piers never was nor ever could be use for
soy other kind (than redeemable currency,
except for spectators and gamblers in stock !;
anl this 10 the utter rum OF the labor and
motals OF tho country. SPECIAL currency
gives life and action TO the producing classes,
OIL winch the prosperity Of all s founded y
Andrew jacAsop.
"The secretary recommends no mere paper
mossy scheme but. on the contrary, series OF
measures looking to a safe gradual return Of
GOLD and silver as the only permanent basis,
standard and measures OF value recognized in
too Constitution. Salmon p. Chase Annual
Report AZ Secretary of the Treasury.
A return TO specie payments at the earliest
period compatible with due regard to all in
terests concerned should ever be kept in view.
Fluctuations in the value OF currency are al
ways injurious and to reduce these fuctua
tons to the lowest possible point will always
be leading purpose in wise legislation. Con-
vertibIi,y. prompt and certain convertibility
into coin is acknowledged to be the best and
surest safeguard against them. Abraham
Lincoln. Annual Message. December, 1862.
among TIE evils growing ont Of the rebel
lion ID thl. OF al irredeemable currency. 1t
Is au evil which I hope will receive your most
earnest attention. II is duty. and one of the
highest duties. % the Government to secure
TO its citizens medium Of exchange Of fixed
and unvarying value. This implies return to
specie payment. and no substitute for it can be
devised u. S. Grant First Annual Message.
Tho evils o. 4 redundant circulation are now
manifest to every eye. II alternately raises
and sinks the value OF every mans property
1t makes beggar OF the man tomorrow who
IL INDUCING in the dreams OF wealth to-day
IL converts the business OF society into mere
lottery; while those who distribute the prizes
are wholly irresponsible to the people. When
the collapse comes az come it must, 1t casts
lsborers out OF employment. brushes manu-
facturcrs and merchants. and ruins thousands
OF houe.t and industrious citizens. James
Bucnauan. Debates IN Congress. volums IL,
part 1, 1881. page So.
"Og ell the conlrivancss for cheating the
Iaboring classes OF mankind none has been
more eifectua. than that which deludes them
with paper money. l; is the most effectual OF
inventions for fertilizing the rich mans field
by tho svea, OF the poor mans brow. Ord-
nary tyranny. oppressive, excessive taxation
bear nightly on the masses OF community com
pared with fraudulent curreDcies and the rob-
bsries committed by deprecated paper money.
We have suffered more from this cause than
from any other cause or calamity. II has killed
more men, peryaded and corrupted the choicest
intsrssts OF our country more, and done more
injustice than even he arms and articles of
our euemy."-Danel Webster.