Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1885-12-17


have substituted gold for the deposits of
their customers may pay them with silver
bought with such gold. thus making hand
some profit. Rich spectators will sell their
boarded gold to their neighbors who reed it
to lquidate their foreign debts at ruinous
premium on silver, and the laboring men
and women of the land, most defenceess Of
all. will find that dollar received for wages
will depreciate in its purchasing power.
The boarding Of gold which has already
taken place indicates that We shall not es-
cape the usual experience in such cases.
So if this silver coinage be continued "e
may reasonably expect that gold and its
equivalent will abaudon the field of circula-
ton to silver alone. This of course must
produce severe contraction of our circulat-
ing medium, instead of adding to it. 1t
will not be disputed that any attempt on the
part Of the government to cause the crcu-
ialion Of silver dollars. worth eighty cents,
side by side with gold dollars worth one
hundred cents, even within the limit that
legislation does not run counter 10 the laws
of trade. to be successful must be seconded
by the confidence Of the people tina, both
coins will retain the same purchasing power
and be interchangeable at will.
The return Of silver to the public treas
ury in payment of duties leads to the be-
lief that .he people do not now desire to
keep it on hand and this, with the evident
disposition to hoard gold, gives rise to the
suspicion that there already exists a lack Of
confidence among the people touching our
financial purposes. There is certainly not
enough silver now in circulation TO cause
uneasIness and the whole amount coined and
now on hand might after time BE- absorbed
by the people without appropriation but II is
the oeaseiess stream that threatens to over
flow tie land which causes fear and uncer-
tainty.
1t is perfectly apparent that line Of ac-
ton in regard 10 our currency cannot wisely
be settled upon or persisted IN without con-
sldering the attitude on the subject Of other
countries with whom We MAINTAIN inter
course through commerce aud travel. The
recent bi metaltic conference IN Paris ahso-
lutey failed and a similar fate has awaited
all subsequent efforts IN the same direction .
and stll We continue our coinage Of sser at
a ratio dltferen; from that of any other ma
ton The most vital form of the silver
- Il -, m. s- -
~, ,,,,',, ,ha IL saII;. -, ;Il,,,,.,I ar,4
Io.i,t, car,a., ~. .,.rs ,atan ~. 49,
H.. I'll, r,o,a f,IIr da,no,,.,ra,sJ
Io..,,
r;,,, ~. a',,.,,.,,,a,,, -, - f,,t';a.,
.s
sii,.r ,-.,, I'D ,,,,,,, ,,.
peculiar ratio to such an extent and assum-
,n.,,,,.o' - y 10 F'o,.I In H. =
'ata1...hi. =, c'.''
.onr..snra , ',l - f "a,!,n =. "'' '''" "'"'
,ibo ranti,;oo n ,t,ch o,r ,ro..,.,
!. ,Jsoad hx n.r.,.,an.a - Az, -
course i a matter Of concern 10 every patrl.
otic citizen who does not desire his govern
men' to pay IN SILVER such OF rs obI'ga,ions
as should be PAID IN gold. Nor should our
CONDITION De sueh as TO ooilse US IN pru-
deh' naahaeemeht OF our aHaiFs 70 aiscon-
t'hae inc caiIing ~ ana payment OF interest
bearing Obligations when We nave the night
now 10 discharge and thus AVOID payment
oi iuf'her interest thereon. lhe so-caiIed
debtor class, ior whose oenehl the continued
compulsory coinage OF silver IS insisted up
on are mol dishonest, because they are IN
deht and they should not be suspected oi a
Dc sire to leopardze the financial safety OF
TIE country IN order thai they may cancel
Their present debts by paying the same 10
deprecated dollars nor should It be for
gotten thl II IS not the rich, nor the money
lender alone That must submit 70 such read
Jusiment enforced by government and thetG
debtors. ne pi'tance oil the "'do" and the
orphar.and the incomes os the helpless .bene
hclar!es oi all kinds would be disastrous,
reduced
recommend the suspension Of compul-
suTN coinage OF SILVER collars directed 6y the
law passed in February, 1878.
SANITARY PRECAUTIONS AND LIFE SAVING
svpv,rr
,,r
:, me- u'''nS" 'he u.t
.''"'i - '''' 80 ''e io>P"A, !" P'o1
cholera. which ia. prevailed in SPAN and
france anu s'hai' poA "hlch recent! or"Se
=, :"
i"' ~ Nu''s "a'e q e e"pe''
ne oPera''ons q t''e me saving service our
.is ''ie 'as' "'eai year ne oo'T'' ance Oh
Une P'o''s'oa VI 'ne ia" requiring the ap-
~ oe 49," - mug
a"N "'Sno-' 'e''i 70 P'''''0a' ~
seeu'-u ''e ieSu't "ni1" may e"nh'e''''t oe
eNP.N'eu :" A", "'A'0,' - Pu'1to ehp''.
uie"' "ue'e SUN 'N'e y aPP''e"' -,s
consequence tn'' i''e1 oou'Poseu o.
u'ei "e'' fua''lieu ioi 'He Pe'io' u ai,ee %
'ieH Pi1iessio" ana ''e'i eAeeP'iohhii. ih'-
~ t,t Iai, - a''s
iHe l 'e>'ue'' a''e' ie'e''i''e " ee"'io'hi's
oo'a'"eu !" 'ai'p's "''''o' departments anu
"ute"us od''''e Tue !ea'' recommends iesS-
'a'io' 'of '"e improvements 'i 'he coast sur
'e1. =.
Inc report OF the secretary o. war was
ne'e"l'h IN saonii.'eu' ,he attention OF toh-
gres' ca'ieu 10 'he uetaiied aceoun, when
" contains o, tne administration oil ms de-
Pattn'en',a anu A's Recommendations anu sus
gestiohs iof the service.
MATTERS UNDER ARMY JURISDICTION.
m
Inc ac'ihg 'uuSe advocate General re-
ports the hamoer ol 'rlais oy genera courts
lIsjl trials took place before garrison and
regimen,ai eour's-mar'lsi. ne suggestion
that prooaols more 'hah nan .he army mas
been tired Tor ohences great ana small, IN
one year may "eii arrest the attention. Vi
course many Of these tfiais oeiore garrison
and reglmental courts-martiai we're Tor ef.
fences almost frivolous ana there should,
think, be way devised to dispose OF these
IN more summary and less announcement
manner than by courts-martlai.
lhe work oil the signal service has beer