Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1879-12-05
EASTERN DISPATCHES.
tsrscrA. 70 TEE soLD ELL DAILY rsv'I
SENATOR JONES.
His Views Relative to the National
Finances and Currency-What
He Thinks About the Next Presi.
dency-GYant the Coming Nan.

WASHINGTON. December Sin an in
tsrviev with Senator John P. Jones Of
Nevada yesterday on various national
subjects. he expressed his views freely
to the following effect With regard to
the Silver bill the Senator says there Is
no. the siishtsst danger Of its being dis
turbed. The reserve Of $50. 0oo, 900 In
silver in the Treasury has done moro
than any one thing to restore and main.
tain confidence in resumption. set prices
on the upward turn and put the wheels
Of industry In motion. The present
business activity and the aow Of gold Is
based on starvation In Europe and good
crops In this country. and when local
and temporary causes are removed and
sold again flows TO Europe. a. II must in
time, We will either have to increase the
volume Of currency by silver or silver
certificates, or encounter another panic.
| When asked about the destruction OF
legal tenders. hs said the redemption Of
aresnbacks In gold and their final retire
ment will not keep an ounce or . dollar
moro OF gold in this country when the
| European demand sets in, than II 1t was
in the Treasury and not among the peo.
pie. That idea 10 q tallacy advanced by
some Of the New York journals. The
demand for gold abroad will lend to Its
being bought by the money brokers and
shipped Just u We ship 20 much wheat
or produce, and whom that demand
comes, however great II may DO. holders
Of grsenbacks, instead OF going to the
Treasury for gold, will hold greenbacks
with Just a. much confidence In Its value
a. q Government bond. They are likely
to be at . slieht premium over gold. On
being asked II be thought the currency
was inflated at the present time. the
Senator said: "Some Of these pawnbro'
kers down In Wall street will tell you
that 1t Is inflated. They want to buy
the thing for the price Of guano and
sell IL for gold. II II Is inflated. It Ii
inflated in the right way. Prices have
risen and will continue to rise for the
next Eve years. and you can tell your
friends to buy real estate in New Yorl
or Chicago and they will double theii
money in the next Ave years. have
got some that I will sell and take the
ninety cents on the so-callsd silver dol
lars"
Jones would like to see Blaine nomi
mated for President, but says Grant vii
get it. He IL the man for these lively
times, and he will b elected. II nomi
mated, by such an overwhelming major
ity that no will sink the partisan In thu
patriot. The General will receive suet
. splendid vote In the South the sole
South will cease to be Q threat and
menace to the people Of the North. ant
q stalwart policy will be no longer re
quired. The South will again bud Ant
blossom like . rose garden. and tn
Government will foster schemes for th,
improvement Of her rivers. levees ant
canals. General Grant 10 wonderful
il not q great, man. he seems to d.
the right thing. His Chicago spsecl
will gain him many votes from the bet
ter element in the South, II he Ii nomi
mated, Of which ! have no doubt. Gran
takes q much broader and more compre
hensive view Of things, and teens will
ideas for promoting our commerce will
foreign nations. He IL enthusiastic II
his realization Of the greatness OF on
country and Its possibilities Of its future
II Grant il elected again he will b,
known in history as the Great Pacihca
tor. Hs will not only be feared for hi
unfinching will, but loved for his in
tense devotion to the Republic and ever.
State and portion Of 1t alike. He vii
be Q second Cincinnstus In the pursuit
and achievements Of peace.