The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1880-02-20

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ftsh' anil shr i'rarls shr rera n u.str
tsssunal nrh insrtsAt rt,e. IN rsrfrs
eurt ~ rett~tasian ~ personal prom
sss ~ ias. Ana surplus srseaae AMI
tia west and irns ~ nHsipnal rnttenrs
ren siraAils sviuee she Interest tlwsssnr
'lsht dewa " nelhins. ieasias ,he ,,nh
Tic debt ri shsl intssrss, and rhiefls
tsIftea nlsel wv ths rerries rnttvnrs.
~lirse faslrmrsiaH, w ~ estihvtinA.
will nai te uss .sgssls demanded III
ihr ritaren whn. t. pay ,irhs. mnsl .lr
rsivr himself III personal rarilsl IL III
isrs that isas mrst
fnt some centuries. perhaps always.
lhi. nation vi have lafer public
.lshI Tits h.inr 80. ihr nmu.inl IL
enrtvht nnninlvtrsi delhi, alter the IN
Overwhelming DELFT In wipel ont. II n
matter rs'si,rii, ualy hss ehaner u
lfariieali, deciding lint this il clear,
that the sivb, ri W. lIt~s raid uIl ~
pni IN lees expensive and more rurn.
! iat shape, II tho interest bearing ,,hi.
4 general understanding II this will
cnh the rlamnr fur national debt pay
Ing, stimulated ~ lnukrrs vlu WANT al
! rullis debt NJ interest and IN bonds ffe.
lieh,ls changed In form ana time, so
A. ~ ailarl shaving on TIN sale and
lranNfer VI ~ncl debt certificates.
lIul II son Hood the country with
national non.insefcst notes sou Nufal.
nni ~ ,lrrfrriaie currency. eli. Value
increasing IN not a decrease ~ value.
solvent currency aggregated, increases
like most other yalnnble things. Aiding
like good currency 10 like II not iii.
luton NJ IL, my more than adding water
to water or gold IL gold.
An imitation III a true national cur
rncy III the "di1nting sensa ii imlps.
siblr; there caii hr NJ increase VI eircu.
latiun beyond tho needs ~ buyers. The
Imitation ~ a currency In volume only,
and not In aggregate buying value also,
IN ohly prohabl. with denaiionali1rd
" liscrediicd nutcs, and with 'inirin.
sic value Com II inilatable III volume
| without propofiionate increase IN
| buying power hy large "hhd III
coinnblr metal. which suddenly trans.
forms, III u small district. .nany small
consumers into very largo buyers; and
the Increased consumption laises prices
until helncnt increase 81 production
IrprrrHas them. That i. III evil. Ii
occurred III early California tines, and
may ngain, when Mcsico IL open 10
! American pioneering
Dniiug tho war another large yet
nreinl imitation u currency succeeded
tho vast imitation of business caused by
| tho Government sud lrnly becoming
I'll. employer VI millions ni.i large,
nav consumer III most lines III pro.
dnciipn.
la TINT gold california imitation
and this currency war; imitation circu.
laiion expanded mot inflated, but II
was In the Immediate wake ~ expand.
| ing industry Aud 1.-THE placing nj the
.i.ih In non.inierrst notss would -
force industrial imitation, II should H.
| expedited nj once. u " treason cruelty
10 defer IL LAY. For the need Ut that
Ii tlln Evil the earitnl,pt. the lrader, the
iarmnf, ahl tin employee complain ".
limited bi,ying. hence, lih.lisd censtn'
] ing; lislee. limited producing, md,
necessarily. insufficient employment fof
lal,or and capital.
Tnose dependent Oh thnir honett
earnings. Or those with capital ready
for productive investment, ARE hnan.
nialiy benefited only Nv widening III
industrial avenues sufficient VI cA,lsr
demand for their surplus lal,or Or cari.
tul. Aud thu whole influence and AID
" The Government should be cxeilsa
therefor, and tint N tie most direct
MD demanded by tile citizen from tho
nation.
/ II II Hen.ccly necessary IN remark
that there can be M disiribntivc is.,,e
~ public evidences ~ debt beneficial
10 tho people. Thu intinnation IL dis.
graceful ~ tlioae who make IL, whether
an caflmny Or irmagOgam.
/ Money Will never br voted direct ~
other than public creditors and t.rs.
ants; therefore the only possible ~.
| lnnsiun mot inilusi0bl III currency,
tie oha indeed must come with MI ~.
elusive nsiiohal currency from m
creased national industry: TINT Will Ell.
licl, the people aud the nation-~tl.at
alone.
The imitation III business that would
follow u liberal expectation ~ bDntl,
America. etc, III domestic manufactures,
Vim 4 DArirn canal, increased internal
transportation facilities, increasing eini.
grafton, Increasing commerce In Amer.
Iran built ,eHseia. would demand satt
inhalion' VI public and personal
notes, HnA, N rp,irae. tho Staadier in
value md thr n,pfn available tbs eiren.
lsiioD, ihe reader will rising industrial
enterprise s,ireeei and Liilnsa itself over
i'Ir Whole nation.
/ a national nos.bank currency alona
viii be- steady mud available, and sbfi'
cient for expanding industry tn avery
scheme ri the nstiOn, aud even beyond
", inst ~ certainly ~ our interest cur.
rency. called "bond~," which do cIreu.
lsts outside the nation.
/ Yon cannot force Into circulation
moro COOL money than bnying d.
mans. Aud 10 sAy TINT . man who
gets 10000 III non.intefrst notes for
Ills 10000 bond Ii going ~ .jnDatH"
circulation ElO,lNW IN vary shallow ~.
Stunning. III could n1e l,ia bonl N cur.
rsbct, md llG ran keep l.is nOlas out III