The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1879-02-28

FlNANtlAI. MlSNANAGEMGNT.

FlNANttN. MlSNANAGENENT.
ES-rrrss fr.n i <l~.~h ~ tsoa. Wtl.lAm u.
keii.s, af l'snasstsanta. th.ttserv,, In the
Na,s"aai ttuuse III Representatives. ts,a ~.
tssN
lha-s alan frsm Iii. clo~e ~ IN, war persist.
emily demanded the enactment ~ sacl, 4 law.
i'susr lio has. in.s-t,a upon lts maintenance.
AMI ihars ~ wh.na it, rnfnrs mrns has l+s,n iii.
trusted, "xnlt m,r tile fars that ,.tuisaisnr,
between guenlark~ and gnd has t~en crial,.
lirhcd Al trinn,phan,ly ~ 'hongh iry hal
planned AMI achieved slc rcsnlt They have
M ,ish, % regard II NJ 'hoir triumph |, Ia
tsitl, s,s.sss s.sir defeat Those Who may III
right esnli ate tlisse Who have resisted tiic ~.
tirutnehs uf unr lrgtl. tender paper money
Throughout lie lung war waged against snel
monus hs 'leta whose policy, III ~uecer~fnl,
would have tssnltsd III d Government VI the
people, hs The national banks, Nnd far tl.e fund.
holders IT the Narld. Eur c1nisaluney hi.
tween ns,f parer money AMI gold has net lern
brought alAssii TN tho mrshs~l- III" fricn,l~ui an
exclusive National hank notc PAPER currency
proposed, hu. IN opposition thereto The
pros ~ i, Mhiei' they proposed % cNect n.
armpiion Involved ~ .hnii aLundantly prese.
tic re'lf.m.lt an,l cremation" ~ every dnllar
of nnr lepal ''irier paper money and the ..nh.
should faithl.-rly promiss redemption III e.,ln,
la this euasn-t sles have hean beaten, and IL II
for TIE frlunds III money i~snosl w the tias-
ernu'eni. A. against PROMISES ~ pas
mvnet l*rned ~ corporations, IL r'
laiEr lhht slnisaisnvy las hrrn produced
Ndle thrt,, ~, inarc Than ssidnsl ,us' II legal,
tender nussr tkani, tho continued circulation
NJ viii |. ~ demanded hy thr producing tlarre~
III onl people and protected by il,e eNprer-
tesn,s u i s,etn, statute IN thc establishment
at epnivaleuss ni,,lrr iIm~r circumstance VIZ
have i ssatdng rsfn,atlun " III. cardinal doc.
trims ul III. iaiilinnfsls
seefelAis sherman II right IN SAYING tint
pvttaae nj @as,ssnai.it nj, inevitable nter every
.sst,s.n II narsf niamas or currency which
pr,nises pelS1.fal nsiemr.ian In aail, fIrs
att ilh.i.ut II ssstrn ~ currency which
pruitilsas .Hi redemption ~ any fnfm u sllr
,rnrs iv.n.d III corporations whp iend nn flsh,
anti nis.an Hnrsl,uaie Anl ilirsai fnies IL la'rt
e~t inahsN Deposited With them faF *Air krsl,
ius III atuial ihn destructive alsaruaii1na IL
tMnen ,lte expansion 81 bank ei.sli' anil en-.
traetiah consequent urun the snHrs islpIt II the
payment III mailes, WI muss maintain Al nse
IHiiahle earl.uss, which shall throughout the
innp,i aa breadth af ouf broad laiid hs legal
'eudef IN liquidation Of debit III ,fatlp, mn
aha desire Ia IL ~ ran barter th6if eutnmpii.
tles faf ti.at rne .ailed gold and ran rettle FIR
eign .iHlaneur will u In bullion ar ,li. far tulis
verAiaa in,e hlllsn, anti ihrnec itia Iarslrn
coin,
Wis il,rn ~hall 40 complirAtn elir raps,
nnmns with ~sstam ~ hank promises. Iii.
ha.ring IL rhirl prnnlisne n utterly ines,sl
al-teti With inherent qualities " til infsisn
iinfin Which afa IL ls-,i. Them if usnr ilta
legal tsn,lnr quality shall " taken from The
gfsentNsk. a crisis Will .'aiiie A. much sraiAat
than NJ Webster could have srun A. the sss
set' III .f ..,l,ulr,. the increase ot population,
nnd the nntfyslnl,riy developed astlsltins ni
trade will IN Ut relation 10 the condition II tlta
tx4s{as txrt.tr 4ft
The i,as l,ahs carried NJ ll,ronsl, tlsu war
equipped, transported, AMI paid anf ntinl.s
I.aya ~ inss, stimulated al the industries NJ
fha ra,inslt. eui,i,rci6l IT. two rpn~t~ y. rail
roaslH. al,A Thur esmensrl the Pacific 10 llc A.
Rasie anl assil.A further threatened dir
ire .e srailA hoeIilisy ~ bankers and tliu Nil
miLirtfai.nn oi which Hugh Mesinllaeh MAS
m.,.her. would lave b..,n .he pn.illrssnr III ihs
restored fhian. II iltorr WAS any esesss a
money ahosp ia. demands of the productive In
.n.ii IN uf the North IL would have iiaMtsl infi
tn san,h, which hal no circulating medium o
any kind. carried viii, II the enterprise ans
skill III tin North, reconstructed tie hnnie~
cotton. einr. rtigaf~hou~ns, frfrnrtd the Holds
supplied ihe people with agricultural imrle
n.e,i's and stock ~ Il hMd ~uppl"d The uosarn
in.ni NlillAinl~, munliiniN AMI se~r.is u ~Kf
Ii would have sison wages 10 sha freedman An,
the ponr Whit. and asury treasury nnie, rerllll
.,aia III tinlshartlh.~r III evidence ~ credit d
any kiul. Interest IN whcl, Mas payable by III
duspiilinsut, II which one ~ tilt.e pussasrel
lime.lf. @9,l,ld hav. l#en new honl nf tnlai
for where te ifea sire ir, tlicru Will the heat
he alses and tllr ho,lirg ~ thu va&t nailnna
debt ls o.lf a~h people, In The form u enffen
I, ur INTEREST hearing paper, wamlsl havn s,iai
Aniecl tle ln,al,y ~ American citizens, N u,
p.,4ss~~l,u III ile debt III ilsetf sunntis dus
'a " lie f.e'lel't and ~. mud holding rofslo
M ii,e Ianple IL ,if.as lisiiAin, II ths lsgs
tender slan~e III ,hr law authorizing iln i.r,l
~ the ar,,nl,aek rlall ever w. repealed I'm,
that II will III After nv sye~ shAll hAsr rl.,Hs
IN death, that They may not behold ie nilsef
wlt.l that fasi All must Inevitably entail tlta
my eoiutiftnlit
'fi,s lss,il,s Of enntraction afrrr, NJ parts
, the country III bainful influences Arr u.
, confined ID .iliu# aud manufacturing t0N ~
They hAsr reached the farmers. and Wunid no
. ~ | shall shon, b. misi.assrl Il sssry niial.
! rlase.l lahsrer clerk. of salesman, AUD esei
bankrupt merchant. mechanic ur mxnIifaeinf,
eauil aeeups tlntA.. OTerles'- advice, !.
| Mrrs, ksi iahe q farming. Thr arm, Will
| ~ sun large Current prices Arc nni rrinrli
tiir r..f III pis.uriln N sitc farmers VI mai
vrfiiotr ~ tie country, AMI. tioukh lnssf WA
.lie, hasa laen IN tnA',s years. are .'ill .ln~
. knt steadily A.eilninH, or, Ia happier rhfa*
! getting sn~arl @har.l- l-pan
4 HUI, tufslr i,fos,s,ling ~ exhibit the ennd
i q III anI PROSPECTS IL American fattinf.. let
illustrate thai u tho business ei af tlss ,s'i
q Try. In sit Miii rfrsItt was alhtl~t HtAhsts
Y Aiilnng iha piisiness nscn ~ tfM Nnttilsl
y ktAi.r. isusatsn tho people wrfc mt ~ lshs -
4 hnugi,s with ready money, aild Mliun Mf, ~
!. rrtAfs Mrtulnrh sst Mbnnt impfusih. tls
condition l,s reducing Tie volume " legal "
lvr paper iannrt, there were, ~ | Ilksc mi
Hi, failures. insplsinR total liabilities - I
an,.,,.ill III III. ,si.,sNA Il,e ks'etctATt tloni
d l.ss considered iliey. iigur"4 llscresltabls mi
!. fnr ~ great country, lint, u,lttef the hapl
i,lstfuiurntalitis~ hn oct IN m,tist.~ the fAI
. conversion I'll all forms ~ our paper Issa.Isy W
!. e.,if hearing hansir ~ which Il. nr,,hl
hoarl.d III nir irror ~ l~i1 .iofuihar will I
further contraction spoken ~ ~ lrs~tle
y tirHns In hi fnrr~aKr ~ Dee. IL i*sa AMI /
\. peelAl, since THAT mrnAre ~ CONFIDENCE. Z
IA Resumption MT. wa# approved, No have ffA
IL ri.sl tin road III ruin In force snlstent ~ y
II i~fy es.n lis hnmAna AIlsl patriotic desires
ls.t, which war terminated > fortnight Defo
" Tho Resumption Mt MAS approved. the fallMt
d numbered i nNh,. beIng Inst !, ND innrs than y
h occurred ninp y.aS~ lsf6fc IN Nh and I
il total liabilities wYle siti.sAttuu, which y
4. siIi.bIt.tsu In .serss ~ tho eis.h.t.nO
" ~.h Hut nnf more recent progress !nwa
4, hard pan and universal prosperity ii,lsle
10 benign Influence VI she Resumption At ~
have heen much more saslsiastof. 70 ~.
II iuIloeh and hls rApArious co.cnnspirat
y ! against The p0opls and shc equality " con