Saturday press. [volume] (Honolulu, H.I.) 1880-1885, 1884-03-01
rur crhRrY,r orEsrIol.

THE "URREN'r prESrION.
ChrcfJusuee Judd has issued in
pamphlet form, tor private circulation,
a paper read by him before the Homo
lnlu Social Science Association, on the
rlth Of January, "Au Essay on the
Hawaiian Currency and the Silver
Question Disclaiming all idea OF
pocl'imng himself a political ccono.
mist or Of originating new ideas res
pcctlng currency, he presents In q clear
and concise statement. the views OF
leading authorities on political econ
umy, 10 show how safe currency may
be secured by Hawaii il we will profit
by the enlightened experience Of other
nations, particularly that Of England,
which now unquc,tionably possesses
the most secure and solid currency in
existence. But any nation may adopt
her system, and thus enjoy its adyan-
tagcs, without adopting her coinage.
The first ten or twelve pages of the
essay are taken up with the historical
sketch referred to, the opinion, and
Arguments eliminating with the rule
which the experience OF most nations
has demonstrated to be true, that san
M/cylOr m0Hcy, S0 LoHg as Ii dyrNl1lsS NJ
MI, m7ayiably dJ75ts sUbsy70y m09ep
mt N dyrHkaIi0M" After referring to
the fact that the issue of irrcdccmable
paper money in the United States
during the last war drove all the gold
aud eilvpr nut of circulation and tb,t
IL -
B"'u anu S"Nc' ''i'"o' ~, "'''c !"
gGthcr on the same lootlnS, the author
says
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