, 1879-03-28


n1urc than III mIIltuns of bitycr rannut
bo turned out IN twclyo months. That
Il the estimate uf thu maximum. Tie
probability IA sat the actual amount would fall
the atntH!nrd vslne. STAMPED upon 1t, uni ecr-
litltntes IN proper denominations for circulation
with tlc proplr could, within q few mouths, nut
snrth a circulation to the extent Of th0 Or GG)
"i .iyer bullion q sl,6D. s3.I}o, - Sr ss,Nn
could be done almost "a readily as the eolnsng
Of "ne t,e, lo'lar.' ,,,, ...
tl,sf"
''lt woul'i give life aud netiylty to every DE-.
rartment of tI1dustry. The miner, merchant.
manufacturer, alu! agricufturiat,- tn all the
pus.uts or l!to would feel Tie Impulse within
tlurt time. Currency III The bloatl III l,c Hnly
so"i, ilealthr bloui: sucI, a currency as speak
ot wutM DO tltc kItmi Of blood tn gfyn life to
trade, Tor the life Of tratlG Ia sound, good
nUney. DIR noHcy is the precious metals, gold
iini ftlycr, but VIC have passed Tint age OF civil
heays iIlctsls f0r The ordinary business ltfe."
"But sc rant q currency based upon thai"
was The remark volunteered by the l,osf.
Certainly, was the nIlswcr. "Thcse Ger
.ffrates tint ! mention would leave the gold
wllrli should be I.tned. No batter, sounder
currency, tnpre suitnble to The waniA pf trade
al.'l business exchanges, could, In my judgments
be devised. being receivable III payment Of a!l
public dues. they would be thr medium Of CT
change, not only throughout the length amE
breadth Of cur own country, hut every mart of
The world wlIrrc VT laYB commercial dealings.
Perhaps some better l1an than this NAV bc .le-
ylsed by Ulhere, hut this one suggests Itself to
me, As another mode of increasing thu vol
u1nc pf currency. md II sonntl currency, too,
,hlnk 1t woeliA bc advisable 10 REPEAL tiiG exist
Ing prohibition agalnat State banks. 1hrse uEc
only u fcw Of the Ercas measures whlcl! aholld
Congrcts. For the first timc in nearly
twenty years l'otlI branches Of the Legislative
Department nre in ille ilais Of the Democratic
pnriy. Fftse Is certainly very loud COMPLAINT
throughout The Hhele country. against tl!c exist
ug state Of things, which l!aE becn produced by
tint sysscrn 0f legislation which has been car.
rlcd OIL IN the last ten }cnrs upon thc subject OF
tlnarrcs.f
~" but, Mr.. Stephens" Interrupted Ithc Post.
"whcro are the revenues Of tile countrv to be
rn1Ech II the fntcEn1-rcyenu0 system ~ to b0
ullt,1islIet1!n
In answer 10 TINT 1nve simply to say That u
proper revtsion Of the present ur1cr0us and IN.
just thrill WOtl]I bring IN several millions. Mntl
taxes Tint would reach tl1e yaat amount Of psup
crtY, Including stocks, hortis uuI other sccurt-
ties whic!, arc now exempt. would nIto bring In
lnany millione. There carl b. no difficulty M
thIs point II Congress wil! go To work
and tleyfse wIsc n,hl Just plan. Ny
opinion is that hle whole country is looking 10
this Democratic Congress for reforms nn,i relief
upnn ths md many othcr matters; AMI II they
should nti1otrn with O. deaf ear to these np-
[leaia, they Will, think, be greatly dercl!ct iii
the discharge Of high duty. rl,t credit Ut the
country mist bc maintained. ntd IN maintain
Ing 1t burdens should be laid equally upon nil
CLASSIC alul urtcrs, In nropurtfun to the rights
of pcrsols a,ut III property protected bf The
ayis Of fl!e Government. II The Democracy
now assembled In Congress seo nnthhg WRONG
IN the present SYSTEM Of taxation, nothing
wrong financially Of. otherwise lint i'1ey ca''
remedy, II they conclude ttat everything Is ms
well nj l. eau III, then II is tacft admission tint
tire measures an1 policy Of their opponents
which they have been tIglttins for thu last ten
years is right. II this bc so, It seetnR 10 me
they might just Us well retire and resign their
pfaccs Will, the candid acknowledgment tint
1lm'y hare been wrong, md lot tllcIr opp0nenfs
resiln,o their places nn carry out those policies
which they instituted aitl which canuot now be
1lnle better"
"Do you think they will do th!s'''
:" No, Rir, caiinot think they Mill take any
such view Of tue subject. cannot think tlMf
fll.'y will prove titus deaf to the appgas that
aro coming III from every quarter for tic re-
dress Of grievances. | cannot think tint they
will bc contcnt with the repeal OF the test oatil,
MD the Jururh' oath, anI the art authorizing
The employment Of truol,s nt the POLLS; hut
that, OIL the contrary. shry Will fully rcatze the
lgnvy responsibility upn them to look CT md
reform ccrtai!1 grievances growing out Of mat
administration Ut no less magnitude"