Year: 1879

EDITOR OF GAZETTE: Again / pro-
pose to advocate honest money 10 pay
honest debts. Paper money, so called,
Is only money when the holder can get
com Tor 1t at the place where it Is issued.
When our State banks were in existence,
and, by the b, ,..our country vas built up
ny them, and at the time the wicked war
was originated, we had the largest CON-
merce In the world. These banks,
Chartered by the States, though local,
were good wherever known that they
redeemed their paper with coin without
The legal tender clause II them, and If
Congress had left that clause out of the
treasury notes they would have been
Just as good, for it was the promise to
pay by the government that gave them
the widespread credit they have now.
These arbitrary laws to force men to
take paper for the payment of debts were
wrong when II was done, and remain 50
yet on The principle. that wrong IS never
right. And l, for one, living where
Senator Bayard lives, will help to hoId
up his han Q, especially when am saii
ned that these resolutions are right.
Away with th's illegal acts. TO do
wong is human, and there are two ways
It can be excused-through mistake or
ignol ance-and, while l wish to be
charitable, for It's that which covereth
multitude of wrongs, yet it is God-like to
do right, to rectify fuman mistakes.
When President Taylor was dying, he
said, 81 am not afraid to die, for have
done what was right. wish the true
principles Of the government carried out.
ask nothing more, and g died. heat.
lS wish our legislators would aim at this
truth and carry it out. In reply to
criticism of some gentleman, who signs
himself Democrat, in my communi-
cation on Monday of last week.


l like the courteous manner in which
he opens his fire upon me, for if people
would agree to dis gree and be govern
ed by their better judgment, and not by
their passions, how many evils we might
s eer clear of He says he don't agree
with any thing advanced in said article.
That knocks down, in his estimation,
every pin l had set up. But l cannot
tell exactly what he wanted to build up.
1t Is true he said at the bottom of hrs
article hat Senator Bayard's rcsont on
was a step the wrong way; but ! will try
TO pick out some of his points and


answer them the best can. He yes


us a short epitome OF our financial sys


TEN from Hamilton down to Jackson
when the people were fr bard money
TO protect their interests against the
frauds of the United States and other
banks. Ifmy opponent would think
little, he would see that Mr.. Bayaid il
doing the same thins--protecting the
people against the..frauds in The Treasury
notes. He next speaks of theories.
will ask him what theory is worth
without practicable applical ion. Let's
try it in the payment OF debt. A piece
of paper is the theory to pay with, but
change of circums ances shows it is good
Tor nothing. Silver and gold are no
theories, nor never have been since old
Abraham bought the ground to bury
Sarah, his wife in, and paid for it in sill
yer. Again, he says the Treasury notes
have never done harm. Who said 3 ,ey
did and if they will take the legal
teuder quality out of them they never
will. Once more, think my worthy
opponent is much pushed for an argu-
ment when he compares piece of sill
yer. which has an intrinsic value in it


self, to piece of paper, in itself, of no
value. And now, in conclusion, for
fear / have written too much, for the
people don't like long articles, l hope
Senator Bayard's resolution will pass.
T