The Hawaiian gazette., 1884-04-23

EprroE GAzErTE:-As requested, send you the
following article for publication, not because 1t
contains any original IDEAS but with the hope that
it may lead to some action on subject which
people do not like to write about though they have
much to say on it. The views of any one man can
have little weight only they help to disclose the
weak or strong points Of the subject discussed,
and to turn the current of public thought into one
channel. crystllizng as it were, the floating germs
and combining them into compact mass that
carries with 1t the force and conviction which
truth always possesses.
deprecated during the civil war, and the people,
after submitting to long continuance oi high
prices and losses from premiums on gold, sought
to restore it TO par value the first step taken was
to provide q gold reserve in the treasury equal to
ans demand that might be made. The time was
set for the resumption of gold standard, and on
that day there were in the national treasury over
one hundred million dollars in gold, but before the
dav arrived, great was the confidence OF the
public in the ability Of the government TO meet
any crisis which might arise, that the premium
ON gold quietly disappeared, and paper money aud
silver became of the same value rs gold. The ma
tional currency had been redeemed from the grasp
of spectators, and without a struggle was placed
on a solid gold basis, though spectators and
croakers predicted panic and financial ruin.
This bit Of recent history should not be lost
sight of now when our currency Is becoming every
week more aoranReI. rev liillI men pteuioe a
w M Sitsis, MN. ms, oid h,ss ~
which We have in reality been deprived for several
years, if we date this period from the time when
sllVyt % ai'u tne 10" III cn,
G0hOiheu 70 utiyo aHay ouI sois IN,
five per cent more TO settle their bills for goods
imported than 1t did u year ago, and that II may
c1st mem vi - 80. -. 49, ss - ~. -
siloulu UpolL OuI yyes " tuo y. ir
tioh' lne Piesent ConuiIUu VI siSS ,ii io.S
continue "ituVul tlis io'uIt t'iIt t.ie III It
every lLia. ~ iI ~ ~ " P,oIi %, -, H. -,
POItloi' u .s =. Iii - -, - g.; ~ ccnt
suines. Nh'Iais ~ II "iit Oe .an " - !, e.
OF il9Le Oh al tue PJol o' a ~ ~ "o, i - L.
poaeu U1 tno lttisla'ute syuiu ,ya ie,i' ~ -
uprising thIouGnout the hllRuoih' SUCH as mas
never Ntt "eeIl Ni'iiesssei -, .u iieIo. - =. -
rms, thell, = ~ ,i ~ ,he ,S;at,1,
coming GePieeiateu 70 .ue ea'oia VI 'IS i..
on S'tu ul"t''' i,I !. 80 ~, IL - ~, = III
what te cause Whetnet II pe lhe inluh ol mn
liol ~ uGiieLs !,i9 VI ., 1i i 5 iI HIa,ai,, H.,
OF ihiilloh uolials ~ EGiu ,; 1nu si u H. ~,
crcuatiOn ur xothoi''oh ~. " w 80
Oi premium OF All these cothoIlieu tue iaVt REMAINS
lncpnlruNeTtAbl9 that our currency n @ ueeo.ni,s
aepTeclatSu anu tne .iro.ens ,s ~ oe
lhIennItes olese' anu s.,r,.l,, h. nsE co;p il
@ 517 VII W.. III ~ ,,,; -, I. ,h ,,,ncb droad
htIS anu VIII iS'iiniit % a ~ ., - - i fi
ca IhlhAlhn suali Ililu tat tIe hllahaun ii
happen 70 contain Olie sl1teeI Ioio Pute .;,,
t '.e tea'' ~ uaue ILL.,, 'iE III ~, nj ,s
~ lNl ii,'i,,'' - ,,,,,,nl T., ,I,,, ,nJ .nnd
We AIe 8eopiiiiu " III ,i
thenl On " 'lu rIoNeil hii,ko ,fk .tS - % 80 -,
coins 20, 70 pg Tr.at9u. ne ne" eu,Li Is SUP
pJaeu oiIs " illl w l+Ioo VI te IN - m.
utheI % sllNeI o,iiis iIiieily ~ ~ ''' 'u'
WHICH ~ L"lhu1 N,,v;u,
NoH Nhl = @ tuu Iir III ~ Ii;,,n, -
that mas Iaitly 9eyh equaiieui ai ~
sons arc sltl5eu tu't tie p!, S h,
5DlL oo- - '.i IL H., - Iii ,rrc, ,I evil
uo9Dis % a. - 20 tne iI ~ a. IN Iii ,r,o ~
anu tut tllue ielutIuu VI ~ Uu' az "Ppiv'o ~, ~,
makihS the enOIt' Auu tne SIigulu
1e the Itst 20 inole IN tno mattel " ptoNiiis i,i
lug puD!lc i @ 5ot vi S S,'n, " III T.,
au.1Lic'iSs u EGiH - ~ ~, ~ :, i,a,iaJ t
adllsly tue puoio 'niu tis y - 1 t,I.i
curry Us measure: sglu y, iyui
thousnI uoiIs = nle. s a, sem
n9uht oI' ~ y ~ ~
" ~, ~, .o M Ili, s,, d y III ra