The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1879-04-04
THE. rINASc,Ah afeAs,es
The Vsc,os Of C'leSs' mVaNtsS .saNs~N'S, y
LAd,@cssA
cp,n,orrs, N March u, tSsa

views on 'qhe RaaNStAt suaa,ISa ~ 'hS
country and Ns MtNNN t'NNsyc'Ht' e,N'N'rNNSN
aud I hasten 10 briefly tellN WI ShNN,rS
AVyescat IL IN = fSSaSISC SNHAd,,''s, wv,
ing 10 the rApiG ShnWASSN>N AMI E>NN'SA
resumption NJ S.>H,>(N rANV'SNtN NV SN,NN
csaNtry has passed. ~ nv tN>t &M MARS
,hr>aSh sn N>9,>Al h0hSttN NNAN,>MN Near.
" sG values have dtNCNjsNvI rNN,NrtN ht.
<hvonA, lANw hS> N>rA N>rN>S'NNS, en1
/ SE>>m AuI dHNN>o,(>HSN NN>N NwNN NAS
- rNR orcv ,Ec NoS M Industries
! hS>,> ~NiNr,VS r>v>t}J INM NJ ,hN hNWAvr
f $r& N~l>}> whN >N>',NN>i tNy,v S,ScN'UW,O
The lu&o>;yyra> AN& tN,>ylNN>,o&> whN MN>
>>NNS cey>i,<l t> NsN>NIa Nyw enterprises,
,N>sE~~iN lN>>St,e >tr,tN> " h(ehmtrr II
s~& Ne >Nr-rk%S>> N (CN,N W rNrWy ,
Nrr&N~S> ~ lN>N>SO,i>N h>urSt mrn have
in = E,v N,>e,> yNN N>>N mAiN thus tNtWai
-, r>N& rN NNNhvNvtIN NAvWAl had "
,>>n> ,av;>,& iy>>m iAN>E >aul>,~ aud hid
Sr>,,'t ~ >,>,y<> p)$yNs rhi> MAS the rau
SsglNr ~ lhsul>> ~ lNNu&rN list, when re
~,,u.r,ilN t>N>A Yl&,S>, SUd tNa E>cat c>trn,
) t<0j.sNi$N. &ai ihe lUIlIAtiNns srr bright
! cniSsS soG the ry>N> ~ Is 3'NidodN more
. ,>N>,r'az Gh,;v i ~ G>uNt bat that the
h>tN, Ao> N,>>g N>S>k>i Whru rratrar
. ;,ng rns~>& S,>& yHy>y ana &,li came trso,h-
~ - X 81 N1Hs.NAN| twas manifest that
the ,,,y>s> kr& N,>,N W>arh>d and that tho
Srv4 ArNSl * depression ani ruin was
shrs {, t1yw;oSi< The country is now
v, sh, hS;@u. a 4 tyaw>i;i>> state, and as
>>,r - a., E&,n,>> ~ restored viii commence
- 1<>rr"G : ~>n>wM Yr,N>vcrity Ii is now
W. q ..-.E rI1Nrr.N, wEj>H viii greatly help
ih, TN .,a. e.. y~N>Y>y;N Confidence in
6raur, : ! v.au, 4 SOW &vnwih, Give it
,iwg !, = S-&%Ua,ly Coming. Rcsunp-
uor %. >2y2', payments '>a>ntrH>S, With
"a i..s4n2, q, S>,>lu0V.rOO Of gold or its
oou.v,icu, IN tsv2y .: our country in its
fo-,:-u ,ra&a. !, c,a,G not be otherwise.
Sui t,v wao; >r&,s; the miscr cannot
y.v Ma.c& !; VIA any profit The farmer,
an~chaH; &2a ra2>h&H;c yv>;rr the green
books !g...<; ;h2y ". purchase rs much
r~arc-ir vay = a.u,. debt, and is more
,a,voulooii /, aaad.c The importer alone
-,yu.-,> specie, aaI the supply is more
,la! ":o!l, II: him. Again, We are rapidly
gaining >:'s,lt II, L! foreign countries, owing
/, ;hs i4"sl >xc9ss ,; our exports over our
Imports This balance oftraic in our favor
80, ;- - 94.5 N specie o. United States
h-2s The European stock of bonds
!. So :, IL nearly exhausted, more
...c tAre=-:,C:;lS q; them having been
-.y--,Aassi IL :h;s country Then we may
.Z?.r, -. .-: On trade TO yield us annu-
a:.y lar-e amounts Of gold. Again, the
-,.3 s-3 silver mined annually in this
o.--'-y amounts - about S75, 900 900, and
j. Increasing. You will recOlect that the
Price @: lr p:Ity in any country is governed
" regulated bC the amount of the circulat-
.o- medium. On the 3lst of December
.a,'. the currency in circulation in the
U-.te4 States, consisting Of legal tcudcrs,
tauk notes and fractional currency, was
.ess t.an 800, 100000. On the lst of
Jauu.:~, the day after, when resumption
took place, nearly $500 100000 of gold
ana silver were added to this amount,
mak.u- th d: circulating medium near ST.
600 900 900. OF this gold anc silver there
we're uerrly $50 900 900 in the United
states Treasury. over $50 .OOO. 900 held by
The bauas. and SlOO, 600 600 hoaldcd and
Mll in boxes, trunks, safes, banks. &c.-
hese sums. IL the treasury, banks, and
LOa.tcd amounts TO nearly $500, 900 ,OOu.
~ ~ per cchtum additional to the then
currency, were not in circulation until
resumption or until paper became aS good
ah %D!d That ia the treasury was lock ed
up Tor resumption and that held othcrwiS"
Mas used as an Article Of merchandise. 1t
commanded premium and was bought
ani hDid 40 Il horse or COW or any other
mcrchantablG commodity. Now, it is no
ftft ttF f..,,.t Ill l'...