The Caucasian. (Clinton, N.C.) 188?-1913, 1897-12-16

.ud good Will with |
1S.a'-'... .. tlo earth continue
SIS, lie also express
'''..'.... action at the grow
s. .ternal regard and |
ps ...... ui all sections of our
l' The universal spirit |
~.-I ~y...,.... "a lifting of great
" Utts.... above party preju-
... ] differences.
O, .,....... a usual custom which |
...rtnt.. tatment of matters
"a; lgS;s,,.t,r r ..uus in the beginning
| t,s. u. .-.. prasident Mckin-
N.I... ltion first to the
..,rns Of which he says:
J6,. ou Of this Congress,
usr~ ring July last, en-
'So ....... legislation and
s5a. r.. ..othas not yet been
."..G has already accom-
,G..Mg ofits timeliness and
gI.m .... permanent value
,,,,l,r ,. ... he required, and
5epuN.. led with its opera
M, and Nr. thus far, are in no
mind ~ a from it a fai trial.
rry,s..... .TIoNs SINCE 'GG RE-
NnLGD.
Tu. alton having been
.tt.ra n. ... ElrA session of Con-
errs. ... ZION next pressing for
cor.d ..... that of the currency.
Thew. putting our finances
rpoa . basis, difficult as it
may .,u.. ... appear easier when
We rr.. .uaucial operations of
me cove. ut ince 1866. On the
gO.h d.r lane of that year we
aad on Ing demand liabilities
m,hr .. ,. -12S 8GS Hill. On
Lo It. uuery 1879, these liza
huue u.. .u.u reduced to $443,-
~y,Ig. 3D. our interest bearing
O5Uga0.. Iao figures are even
MOI. r..e GA July |, 1866, the
the pru nt the interest-bearing
debt o . to,crlm mt was $685.
Jjl -.r ug the 1T day of July,
lS5, r... 10 mad been reduced to
Isju. .. or an aggregate reduc-
uOu %, -...Il GJl,lOS. The intere st.
he,,.u.. ... .... nr th. Ir,ifed States ON
the ..r... ~ December, 1897, was
Sl- .U.... Tho egovarnment MON
90 r.... ....r.,,nJ;rg (Decemt.r ~
..r.... . -glG GSI oIG of Init i
Sr,,. ..... 1,o7 7o3 $50 oftraasnrv
notes. ..,J by authority of the law
cot,. ..I .'I oso 7G1 .f standara
S,y.r ..'.. Win ,ba nreat ra =
sorr' ..,.., ,.overnmant anJ v;tb h
,be n.,.... .. nyamnIa Of the mast
1r"... ... 1T NOT 70 Hesitate
co,sv onao avr~ercv revision
II~v .o... wT,.~ ogr domond oblioa.
fn1rsIy-. .arrou. 4, ,he covernment
or.. .,.r,.......r. .r,r.,.r u,ws from
ar....r.,, .rI t.rLl
........ ...... ..
NV ..'' ..''.. .'.'' ~ NNhDi l i''
'lu. h0., lu'.t" ot what was ac-
comp...h.i rom lhe close or the
war q" ...', makes unreasonable
ana GtuNau.ess any dlstrust either OF
our "a."'.a' aoH!ty or soundness;
"nIle 'Ne s''utilon from 1915 TO 1917
mus '""'nHA Congress OF the I'M
medi'.e "er,s5ity OF so leglslatlng rs
10 make I1r teturn OF the conditions
uea ploNu'hE ImposslOle.
"Iuuo are many plans proposed
oo.f,.jg .o' 'Ao ~ o W,
annr,r.q,. t.n rooI ov;i Il 10 no.
that ,gr currency of ever,
kind raot Good for ever
dollar of il IS pood-oood bs
cause t6o ,overnment,s nledgs !,
out TO Ee.,It,o INIT that that nIedo,
will not H., bro ken. However tb,
guaranty pr ,rr nurnose IN keen III,
pledge vii. Ie best shown bv advanc
ing toward, It's fulflment.
"The evil of the nresent svsten
is found iu the treat cost to the GOV
ernmuto. mqintaining the parit,
Of our du,rept forms of money:
that's, kepplur all of them at ma
with gold We surely cannot h
longer lo.dIoss of tha bnrden RI;
impos, aoo9 tho nenn1e sven nrde
fairly rrgsDorous cond,t;ons Will
the pas. Iur voars have demon
strated tra. ~ Is not onIv an svne1
siye cllar.o mon tho governmen
but a daryarons menace to the ns
tionaI cr.l.f
pporg,.... -. ......- -
.I ID. .N AGAINST BOND lssoEs
a. 's manifest that we mus
ue'''e some plan to proteC
.ue g0Erument against bon
issue issue for repeated redemption
We ua. o.ther curtail the OF
PorI,ual.y Tor speculation, made cas-
\! 'n9 multiplied redemptions of ou
uemIau1 ogJgations, or increase th
SoIu reserve Tor their redemption. W
nave t9"A 0oO, 900 of currency, whic
sae e goyorlmeut by solemn enactmel
aas M ,0lt.E,aken to keep at par wi,
so'' NoJ-dy is obliged to redee
~ ~ go'd but the government. TT
gold ~ "ol tt lulreu TO reGeein
keen ,.,.. - iisu ~ 20 ooisa
lng currency and coin obligation
while its r.ceints arc NOT VOC nired