The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1879-02-14
AtN tAMA ~ MIMI.
NA se~& "A ssssussArssssa tta swssss ~
ssAsaHssA sAA 49, Hs#swmstsasEesn ~ sMs
t t ss4 ssss Alsssa


A taa# ~. III nfH4a sas eni Is
snstssH~ ssvA ramHsA safs ntash
shs r%rsnf#tnH aHe~asnn. shs lsfsw*~a ass
shtsh IA nas issaais stHesi, H. ltfn
suse napsA itas,nssa tts.sfst.s aai ut
rtsas~lat .f',#f n ~aWatA ltass IN tht ~
uahivaaian ~ isa,aies ~ sisr trsusnu
Presidential rnnl~irh
s,at rfAasss tails4l nlan him ~ his
tsshssa, eufnet a i'aish anil Man, and
tnnn,l him staslls sngaesss IN preparing
Il lecture III ttrls ~ lsaktfi inrrr@s,li.
~, in ptlsst ~"tsis, IN ie1enss ~ ,he
faith ~ rhsls,sndom4 A. elaass. I'll.
tseuerai ~as rnr.iiai ani anssrnksn,
Nrrrisf Nuuil s.n have any ~,
jeriiens - sisinpa tsrors.f If tn On.
mrrtul soui siees II tne siiuaiapns
Mr tars Certainly n"t I'm ran
have ny sisas IN any snhieei ~ which
have given ~nihri.n, attention II, Inv.
any arinian Ask ,uuf questions. anil
will unsaef them ~ ter~rls IL ras.
sihl.,
Reporter Well. how af,on, resnmr.
tiun7 Arr yun MT snspris ssl that II Inns
le.'n accomplished 50 casil,s
MIR Cary ah, nnt surprised AZ the
accomplishment. hut TINT il has ht.n
easily lone deny | nr,rr doubted
TINT VIZ could return H. Specie payments.
Int have always insisted that 81 attain
that end. while thr enormous ,lcht was
upon the country, would bring disns.
ter and ruin npon TIN men III husi.
ness enterprise throughout Tho whole
1 country A hen Wade aid, ~
far hack ~ i~li,. this attemp, Menli
III ~ disastrous in iire. believed
\ with Secretary sherman, who H..
clarri in the Senate In l>Ga. tlat ii
would not hc possible 10 take this voy.
age Ia specie resumption without the
sorcst iiNtrcss 10 every person, except
the capitalist out of delft, or a salaric,l
nfliccr, ar an nnnnitant 1T will bc il
periol of losS, danger, lassitndc III
trade. fall of wages. suspension oi cn.
terprisc. bankruptcy, and disaster" So
believing, gave expression To my views
in Chicago In January, lstin. Enter.
tanning Tint opinion | have steadily and
pcrristcntly opposed and denounced the
scheme to the extent of my ability. |
! did not think the end xonght was worth
the sncriiic. necessary 10 attain it. |
most emphatically inlorsc the utter.
ancr Of sherman, made in the speech
referred IL. "ihat II would be- m net III
folly without MI example of evil IN
modern times submit tho question
10 the consileratc Judgment VI the pcn-
pie whether my opinion il not correct
that the resumption scheme has not eos,
moro thnn II has come to. nnd whether
Sherman wins right when hc siud II was
M act VI folly without parallel
Reporter Now that resumption II
reached, will II br maintained and will
not business revive upon u solid basis I
Mr., Cary The resumption as oil,
tanned II "A sham. u miserable pretensc
The sreretar. VI the Treasury has hecn
compelled to violate plain statutes 4.
accomplish his aet II fully. The pro
visions III thr Inv creating erccnbacks
which IL upon the hack of every on. oi
them, provides TINT they ~hall not u,
received for customs duties. W.
areenhaekers have insisted that 4 law
duties would have brought them up e
lar with coin ten years ngo. aud saved
the country from the bitter experience
of all thrr. years. New, in defiance
~ law. Sherman finds il nerrssnr, /.
carry ont hir scheme 10 receive the~.
notes for customs duties. Again, th.
coin obtained from customs Il
appropriated hy law H. pay th,
coin interest of the public debt. yel
the coupons IN tho bonds Are lmi,l
now onlv In greenhncks. unless sent Il
New York for coin. The maintaining
of resumption depends upon several
contingencies. II the balance III trn.l,
continues in onr favor. bringing coii,
from foreign countries, aud the Secre.
tnry III ihr Treasury can sell bonds fms,
enougl, ~ keep mp his supply fol
rrsnmntion purposes, he will maintail
II for some time. hut whenever coin i,
In demand land nl history shows that !,
paper money re,leemabr in coin vii
sooner or later h. presented for rcdcmr
tom then will come tlic greatest crasl
eNeH WIHN@Ntu III thiH NSuNtTNs ~ u
confidence nna not coin that tinnl,
promises 10 pay. A. 10 the revival q
business. cannot SEQ how this IN H. Il,
brought about hy resumption. | ~.
II stated TINT there ARE nlrcad,
In li.atinns III general revival q
trade. This believe to be- n falsehoM
uttered on purpose 10 deceive th. pco
pie and give them fnlse hopes. Will
some slight exceptions. business WA
never ~ dead IN III this honr. A Mrg,
majority III business men arr drawing
npon their capital 70 live and meet *
prnscs. bankruptcy II still starinl
thousands IN the face. Persons VIII.
have little surplus money arr with
! drawing II from the banks, not to inyrn
! In productive business enterprises, I'm
u buy Government bonds. Ii lnlAincA
was promising. tlO,utN,O ON would no
hc invested. In IN, week. In Apcrrcnt
bonds. want M better evidence thal
this TINT labor must continue uncnl
plnycd mud trade md business langnisl
Reporter Then ynn 10 not belle,
! that yonr Grrenlmek party's mission !
ended md that resumption kills itg
Mr. Cary bN no means. Eycrythin
. nj present conspires n make onr part
stronger than ever. Even now Iii
grecnback IN preferred ~ gold, and
always will be- II II Inns Il fair cl,nne.
This rns money. based npnn thc !.
sources and credit of this great nntio,
will always b. the equivalent II roi,
an.l lr preferred by the people. Let III
! metals b. rrlegatrA u their lcgitimas
i functions 1. nsod only ~ commol
ties In settling balances of foreig
i trade; give IN m ample supply mot u
J iniintion) ~ greentMcks: commcnc
! paying Of instead VI increasing the II
, iercst. st.bearing debt; wipe out MI han
issues ~ currency. and business prol
perity will come 10 stay. ! tell yon III
urccnhark l,arty will not accomplish u
! mission until thcac result. ARE obtaincs
4 K.H&A lmAAA