Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1895-07-04


pass current among the people unless 1t
wins the confidence OF the people III Two
respects lst,-That the issue IS not dlSpro-
portionate to the ability OF the maker to
pay, and 2d,-That the maker Is legally
bound to pay II.
The greenhack or the war period forclplN
| illustrates the truth of this proposition.
The government was hghtihg TO preserve
its existence millions OF men were to be
raised ana PAID mllhohS OF other cNp'H-
dltureS must ne met specie hau disappear
cd paper promises to pay were the only
recourse Ielt, successive issues OF these
paper promises were plled UP fellon
upon Ossa' uhul the confidence even OF
patriouc people was shaken. II the rebel
non was success no man could prodlct
the tat' that awaited the loyal North
whether we snoulu nave any government
loIt AT an, ana IL 3d. Whcthef IL would re-
pudiate It's paper were questions upper
most Ill every hodN nina. HN reason
OF inns the greehparks' though ISSUED
/ Tor IVsal purposes were forty cents on ,h,
uoiar IN common paflance we say 'ha'
Solu went 10 premium nut II is mis-
use OF language Gold never Went TO a
premium curing thc war III maintained
us cqual, uilVarNihE NanIo throughout the
war hoth at mono ana abroad without
NanahlohesS or ShaooW OF turning. II
was worth an even hundred cents on the
dolIar'-ho more no leSS'-lh the IoNal
states ana In the disloyal states.
IL the FARMER III Vermont received .
collar a pound Tor MS butter, 1t was be-
cause he took mis- pay in grccnbarkS
whereas II me EoIu We're oit'fou MN ne
would sell TOR twenty-five cents If the
oonlcdcratC had TO pay one hundred doI-
lars IN confederate money Tor dlhh'r' ne
, knew ne rouId BUY 1t Tor single gold
/ uoiHar. Inc price OF butter ana OF nm
flItNlHt1Oi
went down because II taxes more cheaf
money 20 puN SoouS IMAM Soou money.
ing when it had behind the pledge of the
american people mat II Shoulo y" re-
"V'"l'" III I!o"'S' 'hoie!' anu "h'H
! 'N''S i've III our Id'lo''l "t''5 ""S
"i'i,t ~ "l'.'o'U - Nv" ioI'N ~ II ~ -,
""Uic t""' IiiVi' nav f'IPVi' -P"i''i iHS"Vo
~, "I'Houl N"I"c I,oVI, co. -l'9'''" "i'"o",
lllii.' Ii9s ueu "i.lo"' any fuIl'os' o'
, ''ili7 w. ny" ~ ~ 'T".,'ii ''Vn W
70 o.i'''u' iS9"'N Ia -, oIlu Wv a "'H'H
" VIZ SoNci ''''II'' ~ lrHe''"' Will pass
'ur NJ a,ilons we ITol''e ...
'I otiH "'o'' ~ 5ON," il'ilt'It mas
q, aiia"i, ~ me- ~, - pio,'l'9'S Is i.S
poN'i u ."N'HoH' nv ON! i"o"'N !,
'Nv' mas - "'o"'A iV'clN'' rom taAtS' II
van o''ig rev d laA LOT SClne puo'l' pur-
poSo' 10 ralS' money Lor some proper
,N IN '"' - an ~ i.'''
~ - =" 'iN :" '"lllH NV, W" i"o'VH '''' il
!. U"., 1ul,piE me VIII ioo'' ~ Is no. or
S ',ti1.. ~. we 81 1o'iF ior III
ulHn,'ua'H M''al ,iei s,Iou!" 10 III mem
,'iN'S' ny "'q"i9l,i"i VI "rui'' ~ '"'
BUSINESS OF l"t mPilNlou"I. ne prol'c-
''oH Oh inc lnulNluual III the enjoy
''leHu Vi ms "'"I'" j. 'i'' BUSINESS oi gov
''Illhcn'' ENtrE ma" mus earn MS owl
money ana the government VIII protect
MN III l'S poSs'sS'oi'
me scncrh' OF Ila' money tH'h' Is an
Surd in theory vicious IN Application, and
bad in law.
STATE RANK FAIJ.ACTES
me second class OF tnanclal dreaners in
slstS that II nat money issued by the gov
eminent IS not the proper remedy for the
ms they complain OF, the next best thing
Is to overturn the national banking system
ana set up III its place "A system of state
banks Ihey say TINS Will make money
plenty IN every locality and where money
IS plenty the country is on the nigh road
10 prosperity bui this proposition Is not
erood ,,,omn'. &C. "' WY Pa. ~ -
$50 in'oi'eE 10 pi5".S NV county "UeS
,l' nu, - '"' '.iUnV' - Pir"tH .l'
,,,o,,,,,, "," 81 ~ ~ r'', Non'S - uip
n,,,' h,,.,ln1 '",u ' i'ioiteX Is "ort,
e,o,i 49,, ~ wv 'ondl' IT III
N".Ii' it'VaHule we Na'ue vi one uoI'dI
,oo,,a, ~. -. tri pounu III IoIi.Sl
n,Lnt !, saii e. ~ " niu,' ~ '''''''
A., -. 5 ~ III N"c"l money
character II i ,,l ,Tt ~ w 'i'0'ai ~ '.s
yori, ana - SFu"nS soou III Ne"
iourro, 70 Sar TrnoiE "" 90 VI. "
Lonost loIIo, ,';,i ..', Vi cru, 'hc
discount ~ ai,I,, KY 'OTt n'!i9 WI iou'
v,in,s ~. tba ,,,arri,' S 49,, I"hr we
uttnrmo.t rarts o. no @ IN ~ III,
dolIor win hn,, ,.o,, 5t,,o, i'o ,.r'
arrival VI ''"'
Tut no s.o,o horI, biu ,,.;t, IL. ,..,,,. 49,.
vice sotisfoctoriI, ti,.a t,,rl w. ou'
from, tbo ROW. 90 ~, i,', an, . q - q ,
ct,o ,,,-a,... 49,, y, ''e ~
ohio ,,o,, ,,,,,st o,aI,aI,,, :; g.. 49,.
and nav ,ha trnI,a,. r., ~ 80
visit I,ondo,, ,.o,, on,,,1 t - -"
Is tbot no i.i,,I -. - az
neee i,,torog, - ,Lt -
a,,aj, -. 80 w .''S o"''IS "'Sie
horlfiry s,.etoD, o,, wv, u .nr -
NOT oId ov,,n.i,,',o ai. .'ia' 10 i't7
.,,ro Ht', az, 4I'''iuY ",'un,'eo'
~ S0ii'o 'HlHs ol propheuc STRAIN
we are S'ap 10 look AT the question, not
,i"'i ,he STANDPOINT OF lhdlNldual good,
nu' from lidl OF pubilc good.
mere are 'heN say l'ouoWo stockhold-
erS IN the banks OF TINS country. What
interest nave the other siXty-nine millions
ol our pcopie III inc pahNs| what do they
"d'!t mere are TWO classes among them
"H'lS ulIcct INTEREST," IN the character
o. oaHkS'-ohe is the depositor anxious to
hiu" that tlc panh IS SaIe ana sound ana
WI i'turh MN MS inohey-the otherlS tn"
'ih ilolu'r dHAlouS 10 KNOW that IN" bllls
~ niS Iocko, are worth their race value