The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1879-01-17
THE LECTURE SEASON.
EVILS OF GOVERNMENTAL INTERFERENCE WITH
THE MONEY OF COMMERCE..

THE MONEY OF COMMERCE.
One of the series of politico-economical lectures
which the Free Trade Club has arranged for the pres
ent season was delivered by President Anderson of
Rochester University in the parlors of the club, at
No. p West Twenty fourth street last evening" His
subject Currency Legislation
Dr. Anderson said he should only try to throw
some sidellghts a question which absorbed so
much of public attention All progress in economic
law had shown that it was in harmony with ethics.
All legislative interference with the natural values or
money. labor and commodities was illogical and i'm
moral Money might be anything universally
desired and conveniently handled. Shells, trinkets,
even Indian corn had been used among savages.
half civilized people and settlers in countries
Gold and silver had been used for long time. how
ever. in civilized commerce. Money might mean
anything used in trade, such bank notes or bills OF
exchange 1t simpler however. to call only that
which had its value in itself by the name OF money ana
to call promises to pay by the name OF currency.
Such promises to pay had only value when the credit
of the promiser was known to be good.
When government fixes value on coins ndepen-
IDENTIFY OF their bullion value it takes step toward
confusion. The function of government in relation
to banks and money transactions was to pass laws
insurng soundnoss and stability. Government
itself may issue promises to pay instead OF money
these promises the issue becomes n forced
loan. Tho value of its Issue depends its
credit, and government had no further function in
relation to the issue In pursuance of this train of
thought DR.. Anderson denounced tho Legal Tender
act illogical and immoral The act pronounced
by the Supreme Court of the United States to be
constitutional, and the reasons for this decision
would always be regarded with wonder by the world.
Tho necessity for stable standard of valne increases
with the increase OF commerce. uniform coinage
also becomes more and more desideratun That
used as STANDARD. Silver varied far more than
gold, although the depreciation OF gold was
serious and difficult problem rob a,- Cheaper aaper
the growing desire for single standard and single
currency. The money centre of the world hal moved
always from east to west. 1t was now in London,
but It might reasonably be expected that 1t would
be some day on this continent. Hence sound hnan-
cial principles were OF the greatest importance.
s'THE INFIDEL ATTACK ON PROPERTY"
large audience greeted Rev. Joseph Cook at AS
ISOLATION Hall. The lecturer opened with attack
the National Liberal League and deplored its ac
ton in obtaining pardon for f. H. Haywood, of
Boston, who was convicted of sending obscene mat
ter through the mails He then plunged boldly into
his discourse. which he entities "rhe Infdel
Attack Property" He pictured the Tuileries in
ruins. the streets of Berlin and St. Petersburg
startled with assassins pistol shots. Pitts
burg flaming with riot. and tracked communism ana
socialism back to their lair in Germany. Fchte he
said the high priest of both these creeds. The
right to labor. said Tichte is property;
il society cannot guard this right. then
all who are injured by its weakness must take
English economists OF this century, most dismal OF
economical schools, strengthened this heresy
by e ama Sa Sn
tai in diametric antagonism. Ferdinand
Lasselle famed the flame by preaching, that
religion but opium for tho people, and that
there spark of the divine in man. Karl
Marx exed in London. organized the defunct Inter
Commune. And all these incendary elements.
all these germs OF plague and ruin. were
into he Unit
her organized Commune, Frenchmen stained with an
archbishop's blood. Germans stuffed with perncious
wind bags, whose cry Bread legd." There
leagues calling themselves knights of Labor.
There socialists. political liberals and labor re-
formers. Let such bcware! Our land was held from
sea to by hardy agriculturists. who would
drive hack socialism at the lannon's mouth. Never
blood that which spoliation is attempted.
Property has already caught the alarm. New York
is arming herself to be the battlefield of communism
in the United States and the United States to DO that
of the world On all sides heard the grows of
the coming storm. God save us from the maelstrom!
HUMANITY AND CIVILIZATION.
An entertainment given at Chickering Hall last
evening under the auspices of the Young Mems he
brew Association. the principal feature OF which
lecture by Mr.. Henry Bergh. Mr.. Bargh chose his
subject the Relations Humanity and Civilization"
using the word Humanity" to mean mercy and
kindness to inferior animals. He considered the sub
ject in three aspects-mora material and political.
Under the first head he discussed the moral obliga
ton under which lies to treat all lower animals
with tenderness and stated that the behavior of
each individual in this respect has reflex action
his own character. Those who exercise cruelty to
brues generally found to DO persons of degraded
character and intellect while the humane,
in cultivating the virtues of bcnevolcnce and
mercy. elevate all their spiritual faculties. After
some remarks as to the important part that animals
bear civzing agents. considered the political
effects which cruelty produces when it becomes q
natural habit. He traced the revolutions that have
convulsed Spain. the narrowing of her ter
ritory and the decay of her prosperity
and influence to the national sport of bull
fighting and the caousness that he thought il must
have made general among the people. He also
garded the disasters of other countries due to sim
liar 1.-THE ladies of the reign of Louis XV.,"
said he ''sowed the wind in the Place de la Greve,
and their daughters had to reap the whirl-
wind in the Place dc Ia Revolution. His
remarks received with loud applause by the
organ solos by Mr.. +. +. Mueller '.Scena and Aria
from Faust by Miss f. Hartz. and readings by Mr.. A.
p. Burbank. who also rewarded for his perform
ances by loud and repeated bursts of applause.
''THE GREAT EVIL"
The newly organized Citizens Law and Order
League. of Brooklyn. which is composed of many of
the most prominent clerpymen and laymen III that
city. held it's first public gathering at the Middle
Reformed Church. Harrison street Rev. Edward
p. Ingerson. ID. D.. president of the league.
occupied the chair and there a large, cultured
and ~ audience prcseut The main feafure