Butler citizen. [volume] (Butler, Pa.) 1877-1922, 1880-10-27
THE SUPURB.
What He Has TO Say of Tie Cu,7 ency
and the Banks.

New York, Oct. I5.-A member of
the Herald taff,who, after making the
rounds of the most extensive watering
places dursng the summer, has been
closing his usual vacation with month
in New York, boarding. at Delmonico's,
and receiving his mail at the Union
Club, was invited few days since to
dine with General Hancock at the
house of VIM. III. Vanderbilt. 1t was q
party of three, and, when the cham
pagne and dessert came on Mr.. Van
derbilt CONSIDERABLY withdrew leav-
ing the General and the newspaper
man tete-a-tete. The former appeared
somewhat nervous and endeavored
to turn the conversation into a safe
channel, remarking, as he held his
glass to his nose, "Van has fine taste
in wine. This Verzenap is certainly ex-
cellent In our campaigning we"
-"Excuse the interruption, General"
said the n. p. M, "but | wish to ask
your opinion upon the great financial
problems of the day."
The supurb looked at his inquisitor
as if to measure his determination,
then, seeing firmness in every line of
his countenance, said with sigh: II
do not think that this is kind of Van,
| really don't English knows a great
deal more about the subject than / do
But l suppose | must submit. What
do you wish to know 2"
"What do you consider the most i'm
portant financial question of the time?"
Gen. Hancock frightened up and
gained assurance as he answered:
"Assuredly; how to make Bill Eng
lish come down. Some of our best
men have tried it, and il don't work
worth cent. You see"
pardon me, General, you miss my
meaning | desired to know your
opinion of National, not party,
finance"
"Well, all other questions of money
are, comparatively, merely local. The
matter may be briefly summed up
thus: People want money it is a
good thing to have Ifa little isgood,
more would, of course, be better Con-
sequently favor expansion of the cur
rency. A great deal has been said
about and against wildcat currency.
Now, all authorities agree upon the
point that rapid movement of money
is indispensable to prosperity. What
would be more likely to move rapidly
than Il wildcut currency 2"
With this he looked up in salts
fed manner; beat his magnificent
breast with his beautiful hand and
calmly awaited further onslaught.
$50 much for inhation,' said the
journalist, chow about free banking ?"
"The question of free banking de-
pends upon the character of the banker
and the kind of men who patronize
him." said the candidate. when |
was Colonel q man started bank in
camp He was free to do so and l
didn't feel called upon to interfere.
But he didn't run q square game, and
the boys soon got onto him and ran
him out. Such things are regulated
by circumstances.
"Your opinion on the subject of the
Bland bill would, | am sure, be ac-
ceptable."
"Bland meant well, but he made the
mistake of not providing for the circu-
lation of his dollars when he arranged
for their coinage. With liberal coin
age, the economists tell us, should go
a free circulation. If / were President
! should deem it my duty to provide,
so far as possible, for the application
of the standard dollars now in the
Treasury to the forwarding of the in
terest of the party in power. They
are of no use now, and by so doing we
would get them into the hands of the
people insterd of leaving them in the
the Treasury vaults"
"Apropos Of the Bland bill, what do
YOU think of a bi-metallic currency 2"
asked the correspondent.
"That is just it., said General Han
cock "that is where the Greenbackers
are right; if man isn't satisfied with
paper money, he can buy metallic cur
rency, as those who needed it did, be-
fore resumption.
lone moe question, General, and
am done What have you to say of
the National Banks z"
"They are regarded differently in
different places. That in Indianapolis,
with which English has been connect
ed, is an excellent one. 1t has been
well conducted from the first. The
prime object of the National bank is to
provide a place of deposit for the saw
ings of the poor people, and it serves
the purpose exccl'ently."
At this point Nj. Vanderbilt re-
turned, and the conversation assumed
a general Tone Clereldnd Herald