Weekly Trinity journal., 1879-01-25
THE GOLDEN ERA.


We have had period Of uubridod ex-
trsvogance, OF reckless waste. OF needless
enterprise, of prodigious business expan-
sior, Of speculation, Kite flying, and wild
issues OF iucdeemable pSpor moaey, fol
lowed by a usural collapse, ruined bank
ruptoy, and siagnaUon. We are now
commencing TO build, on a drmer fouuda.
ton, nm odilce that shall be both lasting
and grand, In fact the golden age Of the
Republic Is fairly ushcred in by an i'm
mense favorable balance Of trade, prodi-
goGs domestic exports, the rapid extiu-
gujshmeut OF the foreign dobt, tho large
and steady accumulation OF gold in tn
national Treasury, the successful restora-
tion of the coin basis, the triumph of
American manufactures in European
markets, tho increased power and self
reliant enterprise OF domestic capital, and
the progressive reduction Of the principal
and interest Of tho national debt.
In all former eras Of this Republic,
there has been IN extreme difficulty in
maintaining the specie basis, because our
financial system -or what passed. for II
system was essentially unsounl, our
banking arrangements rotten and dan
gerous, American capital unorsaniled
and devoid Of courageous self reliance,
our commerce controlled hy foreign mo-
uopoiies, and our currency localized and
lmilless. Now, however, all these con
ditious Nro reversed, and all attic mpts to
restore an uusouud State bank currency,
and TO resist resumption, have failed. +
The national banking system holds firm
ly i;5 place in the public confidence, and
there is no longer any danger, either OF
an increase OF the greenhacAs, OF Of the
abolition OF the tax On State bank Issues
| Having succeeded in eAtugui,hing all tho
fractional paper money, and forcing sill
yer coin into general circulation, we are
now in full view OF the prospect OF gem
eln, free circulation Of gold.
Whatever tho command OF cNhaustblr
treasure miae, can do TO enrich country
undor such circumstances, ought now tc
become possible for this nation. But the
golden era to which we look forward j..
not one ofluxurious splcudor, OF magni-
Gceut ease, of seusuous Incidence. II
rather one OF imperial greatness for the
Republic ofvast informal developments,
OF immense commercial enterprise Of II
Republic that shall vie with Europe in all
tAe aggregates OF real powcr, advanced
culture, and enlightened civilization. II
Is not to be expected that all, or a major
ily, OF our efforts shall succeed for hu-
man greatnoss is ever erected apou hC
ruins OF human failures. And only those
who makea bu.mess OF wr,chiug aud
croahjog, delight iu the maintenance ol
/ aporpstual chorus Of lamentations.
Whom the pnpor ola produced tia tro.
mcndous crash OF 1873, political rcyolu
ton gave legislation into pomocrau,
control, only to Prove by tho o,doal o
experience the iucampe.eney ofthat pmtl
TO conduct safely the finances, industry
trade, and commerce Of 20 vastan empire
The Gscal measures enacted by the Ro
pubieans before the change took pluc,
have alone proved valuable as relunc,
to tho nation in ts distress, and tho.'
measures-the protective tariff the na
.ional banking system, the Funding Act
and the Resumption Aot--haye brought
as to the verge Of the golden era for
it will bo not merely nomina
resumption, but in tho course Of time
a gradual, stendy, sure, and permanent
ono. Those who are waiting until bus
mess failures cease, VIII wait for state
OF things chat never did and never will
eXitinany civilized country. Wheroyol
many men Prosper anl flourish, wa
must expect to see many others untor
tunate aud ruined. The most successful
communities and countries aro those On
which Encouragement does not attend
failure, e. in Chicago, san francisco,
New York and England.
In tbu coming golden era wo shpl
astonish the inAotieni.ts by being
amazingly prosperous without hmitlos,
irredeemabIo paper currency. We shall
prove that stroag, carefully frosted
and thoroughly protected national indust
~ is the best dependence for great
and enterprising commerce. We shall
demonstrate the resources and power OF
American capital in SO many ways rs
10 render the Republic financially rs
we'll a. iudusuially independents We
.hall advance steadily onwotd to new
/ ,riumphs IN all departments of human
/ intelligence, enterprise, skiil, culture,
taste and greatness. And any ono who
/ thinks these Arc but day dreams can
/ have little knowledge Of the actual pro
1 grs's Of the last ten years, and Of that
which Is now u mnt'cr Of daily record.
/ wind as the railroad building mania
seemed, il has not equalcd tho stupsn
dous investments in domestic manufact
uIes And ootomporanoously with these
there has been an enormous growth in
agriculture. The Republic has folt tha
influence Of solid capital, whilo tho
wreckers ard croakors wero rcnd.ng the
air with their groans. -I1tiodoiphta
/ North 44mertcoa.
"PoMpGY, why am do cross colorsl ba-
by Ike dc buttercups Of do va.ey?'
"Gibs or up, jonas why am it3" "Why
one am c0lorrd yellow. ninit il? and do