, 1880-01-13

or tho rrcsr1It scIat n1G fnHt ~ fs!narknn!e @
nMlnsy 'nc :,, IL ,~t, IN sfinr ,.hirh
,,a,,.iiv % n,t.nmuI,rs ti,1 wtrs fru,n that MUIR
tur IL iitsseit n1,tl tho southern winds hMvo lcn
moro uncnmiNrthlin tnt!tnN lras! \ !mn !noTe
which cotilo 11oln LEU ""'''o VI '"o I,nrm,s,.
Tile Drnk OF England Notes.
7b The Edttor ot The Chicago 1rthunt.
KOknMn. !nd.. .nn :T,n M yn,r Tx 1sstlc q !n.na!
~! F'Mie: fllnt. t al ,ssS, NJ ~. ~. ~ ,Yr
ts",i .,,auls" sncn,, thnt Sir rrcIjntio,i d ec-
tl,rrsi by n nrK,r per cert finn t;nHinns: third.
TINT II 0tir-DmIf nj tho Hank or Ei'Hianu ho!rs
sn n,,,, D., ~ rr,,1, rr 1n m ie'ie''e 'o ''"o' "'
MIN u n I Nh III IL III, nbovc E1sDolM0 n re.
o,rrt, hy thp nrt ur iMi to be- - kept IN sccurt
tirs perfectly anlalhn Ut nli tllnrs, anu tio r.
.tH ~ itna LIZ 70 tno ,,t ~ III t.t
"'i1mto, ;,ts;",,ty ~ rct,e,ua(Ic, shc t,as III i,rr
cent, Or III rer cent ts,nru thnu tho nsc sairs.
uiNs The Iial,k III England ns tn. rxhnret the
gull reserve. tho trenIntlnr1 wo.iil thei. bc r.,
;ced 10 IIpAsn: HnicnS . l. - M t,, n,"r" w.
,,niusnv iii InlWH ibnt1, csl,ln not be tho slight.
rst difficulty In selling tho bnnt!s It hnl'ls ftr is
nWi, nntes ami c!',criit1E them, AM ! WronX ,ti
mkH s' ", Ut IT, III ~ s,tSc Hiss nt nr IIumnrv M
Immkinr. u, Il ss,.j Yn,rF, etc. j. ii, IitTr.
trhc t.srtulnt,on nj tic nnuk Of Enp,an,l ,p,tcs
varIes consLIrrnnly, When it ct,,,als Ooooo,
i,,cn tbn mill nj, hnnd Ia t,,tn1 10 60 ncr cent;
,vhcn tho ,.lrc,,1nt1nn fills hrlnw that eun, s,y
10 0o or SIM 0oO 900. thon tho proportion
rr t,n,,t Ia tIr1,,,utfou Ia cousicr1tly css tutl
m ,,rr rent. Tin {,oycrnmet,t loan of s55.onOeOO
ia +, n,rrnnrcut orc, When, however. tl,o supply
nr rrol,i Ia rshn,stts1 |cnvluu SIS 400 Of notes
,nr,ylcrmc,t. tho Government i,ns power to nll-
Ths , nj rrcat governing rcnson for making the
,,otrs of I'm lmnk-tt.e whole tsst1c-lcQnl.
tender was To rcncr the .,sc of gold, exccpt for
export, wholly unnecessary, thereby uvnsing
nny caslso for r,,, or, Tho hank for guild. md
this nhs w",Ncu N, W. wv" y" ',1s.S,a LUZ
tho hnnk IN rarely, II ever. subjected 10 amy
]cun-ten,lcr pRper answers every possible lrgul
,,sr t,,nt tbr uol1 woult, meet. If the hnnk
M" ,u wcr" .11 , to % thon nj cycry x
tho punk would bo Il, II state Of chronic suspcr-
s'snl -
Dishonesty OF tho urronest-v1oncy
cu,cAoo. ~ Inn. MI r.Ernts n ~ n serious cnorro to
nuke at'lnst men advocating Honesty IN
Mnasiec'. put mo iee's'Atson tney asA lor aha
thoir rcnsona for tho sumo prove then to bo
TI.n,. ~, .,nt to,,ost ,nro. rnna,s.s y, mil,
IhcS c1a.ln thal holIesI MONEY CONSISTS VI H'h
shn,.Id not bo ncccptcd It's money In suns cx-
cceding s. III amount; that tho silver dollar Is
,,,t ~, horo~t dallas mil rasor,n,out fau,,os ,,r
not M honest aor' miu oofernone I'LL. ,as 'ssuss VI
pnpor shotl,l not bc cntlowei win icgal-tenaer
bili-hol,lcrs than Government. issues; nnd thu.
tic Govcfhmcht nus no const't"tiohat f7sAt Or
power TO Issue money IN pnpcr.-only In coin
gold, not silver.
Thcsc stutcmonts arc made to deceive, and arc
rniso throuui,nr,t. " ''''>'' - ''~' ''
First, MS to what honest money consists OF.
Tho Government tus tho right conferred upon
.C S,.,... .1.,1 " s,i,,a ~" a,,s '.,,.n,
ft"0es ts'tfn sata nu HttPof' copper ana fiekei'
also TO Issue paper money when SO ordered BY
millions ,po millions Of nnncr direct, and mill
loilS 10 NAsloslal pahhs, creatures OF INC Tcople
in consrcss nsscnbled. Tho Courts have af-
muthor,.v p,v,,,, i,v tho poonc WIN o,onn m mr.
,n,,try an cront2 S,,l ro,Ssr nn,yor mi rirt,ts
syes In Cngress artisrrtl that tl,o anount Of
rrc tnn m,t n,vcr ~ we! ttn,s fes"a
Should never bo lcsscrled ,tmtii TIC ncopia So
81 SIivnr of 'ssr"" @ Mn"ness wi. Il rs.rnn "sjSns