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McHenry Plaindealer (McHenry, IL), 6 Oct 1875, p. 3

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JPv Sftos-plcitnr!! |Inindcn!fr, ). VAN SLYKE, PTTBLISHEK. ' L..-S 1 -• i - ILL roil. GOSSIP OF THE DAY, ALEXANDER H, STEPHENS, thedimin- utive Georgia statesman, reoeives $1,000 for tw^iectures which he has premised ^to deliy# in Chicago this season. fc " ' T5 Rav. W. A. RANDAI ,̂ of Waterville, Me., kno#h as the revival preacher, has boon arrested on suspicion of having altered and passed one dollar national g;,;..fautfr bills changed to fives* |" Jv- ~ ~ " . A x>iniKouisH£D French engineer gives it as his opinion that the tunnel "which is to connect England and France can be constructed for $30,000,000. Most of the estimates have placed the cost ofthe work at about $100,000,000. A PHTTJAD'CLPHIA man sent Bismarck a cane made from a piece of the original tirhbef in Independence Hall, recently, and Bismarck has returned his heartfelt thanks for the present, referring to a •celebration of the 4th of July he had with certain Americans forty-three years a«o. . NXW.XOHK Grrr is taxed by the State •on $881,000,000 of real estate, assessed at from sixty-eight to seventy per cent, of its 'market value. All the cities, towns, and counties of the rest of the State ate taxed on $1,079,000,000 of real estate, assessed at from thirty to forty-five per cent, of its actual value. ooanterHMk and the conscientious my brougmin a verdict of^S^st plaintiff. ®xe latter's lawyer re­ monstrated with the oonstable who selected the jurors, and ac^n tK«»i I hinted foul play. The constable j stated the case with refreshing frank- | jpiw, in these words : " I told Mr. So-1 I £Ed-So (the plain tiff) that he ootxld hsvfe a juiy to suit him for $5; he wouldn't give me a cent, and I got up a jury for the other ride^*41 .̂ jp ' '^'Wt IT is said that Isaac M. Singer, the sewing machine man, has left a fortune of nineteen millions of dollars--fifteen millions in the United States, and four millions in Europe. During the 1»<4 twenty-five years of his life he spent a great deal of money, but he made a great deal more. The magnificence of his es­ tate forms a striking contrast with the poverty and privation in which he began. At one time he was a strolling actor in the West, and after he had left that pro­ fession and invented his sewing ma^ViiwA he was in such a state of destitution he had only a sixpence left in the world. After much deliberation he bought him­ self a dinner of pork and beans at a New York restaurant with this money, »md with the vigor dechred from this nour­ ishing report he went on to accumulate the nineteen millions he has left to his heirs. ILLINOIS NEWift 0. E. Hicxorx, wife of Hon. Virgil Hiokox, of Springfield, is dead. CHAMPAIGN COUNTY will hereafter give the County Treasurer a salary of $2,000, instead of §2.500. Mas. IDA SOHWAIRRTLIVWN«Y- B*n©- ville. -tx'mzoiiced suicide Saturday last, by taking arsenic. ALEX. G. IRVMTK, of Illinois, has been appointed Agent for the Indians of the Navajo Agency, in New Mexico. THE hotels of Chicago were crowded t° their utmost capacity last week. The number of arrivals exceeded all prece­ dent. ---- THE State Sunday-School Conven­ tion of the Christian Church will be held at Bloomington, Aftmmonmng Oct 12. COLORADO can now, if her people ^choose enter the great Union of States. The population in 1873 was 104,860; now it is nearly 150,000. There is no public debt; taxes are low ; schools are first-class; there are 27 banks, 1,018 miles of telegraph, and about 650 miles of railroad in operation. The people are energetic, hopeful and contented. * THE census-taker of Winchendon, ̂Mass., has encountered a woman 25 years of age. who was married at 12 years of age, has ten living children, the -eldest of whom is 13 years old. If woman has not the nerve to steal more than $2, •as Gen. Spinner says, she can lie with an audacity and serenity which must ever remain to excite the envy of the other sex. THE first and only experiment in daily religious journalism ever attempted in this country has proved a failure. The New York Daily Witness was started some months ago by a party of enthusi­ astic Christians who believed that the venture could be made to pay. Faith, in this instance, proved of little avail, •and the enterprise has succumbed to the need of money, after having sunk several thousands of the " filthy lucre." THE New Orleans Picayune proposes that the South partly begin a resumption of specie payments by selling the in­ coming crop of cotton exclusively for specie, saying : " New Orleans in olden times gave the example of specie re­ sumption before the New York banks ; let it now set a Kke precedent, in fol­ lowing the Texas line, by inaugurating or completing the transaction of cotton salef? against specie funds, in the Gulf- coast States." THERE is nothing new under the sun. Mention is made of a simple check for valuable packages at a Saratoga hotel. The name of the owner is written on a square of .paper, which is then torn in two, one part attached to the package and fche other given to the owner. It is impossible to tear apart paper so that two pieces of ragged edges will be ex­ actly alike. This is only a clumsy imi- atioa of the old way of indenting legal documents of two parts. A WONDERFUL escape was that which a little threct-year-old boy had at Paterson, N. J., the other day. As the little chap was walking with his mother and grand- ather near the precipice at the Passaic Falls, he fell into a crevice in the rock, varying from 10 to 18 inches in width. He caught about 12 feet down, and his other told him to keep perfectly quiet ill they could get a rope, but he kept crambling and gradually slipping down Lhe crevice until he had reached the bot­ tom, 80 feet below, where he was found tvith a good many cuts and bruises, but serious injuries. < Gov. KEIILOCHS, of Louisiana, gives a rose-colored view of the outlook in that State. In a conversation with a corre­ spondent at Washington, the other day, he said the State had not had such a crop of rioe and sugar in twenty years as it had this year. Then, too, for the first time, the State has raised a crop of corn that will more than supply the local de­ mand. For the first time in its history Louisiana will have corn to sell. The Governor believes that the political tur­ moils are at an end, and that a bright future is in store for the State. The commercial prosperity of New Orleans is on the increase. Mr. Phelps, the Presi­ dent of the Cotton Exchange of that city, has just returned from an extensive trip through the North, and he informs the Governor that the trade and business of New Orleans will compare favorably with that of any city of the North that he vis­ ited. Happy Louisiana. MERE MEHTFOIT. RICHARD, M. BLATCHFORD, of New fork, whose death was announced a few lays ago, stopped one day in the winter >f 1873 at a fruit stand on Nassau street, that city, to buy a banana. He laid a down by his right side while he cL'.-teu the fruit, and fumbled in his KH'kf.t for the pennies needed, and, feel- a tap on the shoulder, turned to see L'vthus Attracted his attention. As he led t® the left, a skillful thief grabbed h<> package without being discovered, nd made his escape. The package con- ainrxl $55,000 in government bonds, nd no trace of them has ever been ob- liiK'd,' N >x long Since a Chicago lawyer MARK TWAIN is rich. EMPEROR WILLIAM is 79. EDWIN BOOTH is recovering. v JEFF DAVIS is 70 yean old. TRAMPS are plenty in Indiana ADELINA PATTI mixes her drinks. KENTUCKY ladies go fox-hunting. ROCHEFOBT is getting fat and gray. WISCONSIN has 250 graded schools. MINNEAPOLIS has 33,000 population. DANIEL O'CONXELL was a Freemason. A MOUNTAIN of iron has been found in India. STRIPED gloves are soon to come into fashion. MRS. BLOOMER has discarded panta­ loons. KEELV, the motor man, wears dia­ monds. ONIAWGABAH was the original name of Niagara. XERXES X. CRUM is an Illinois school teacher. AN Indiana infant coughed up a brass padlock. CHICAGO is erecting 10,000 dwellings this year. A. H. STEPHENS has entered the lec­ ture-field. OREGON 1MM sent her -only penitentiary. T \ A DEFAULTER is now ealled a " hy­ pothecary." QUEEN VICTORIA is an earnest temper­ ance advocate. REVIVALIST Hammond has returned from Alaska. A CHILD without a spine has been born in Connecticut. A NAME that history will never permit to die--J. Smith. A LITTLE terrier bothers a thief more than bolts and bars. ONE New England firm is going to make a million axes next year. CARRYING things too far--Sending American peaches to Liverpool. THE Prussian Order of Merit has been conferred upon George Bancroft. HANNIBAL HAMLIN has a bronchial disease, and can't hardly swallow. NEVADA expects to produce this year bullion to the value of $25,000,000. EIGHT hundred million cigars are an­ nually smoked in the United States. WESTON has suooeeded in walking 100 miles in 21 hours 30 minutes 15 seconds. VICTOR HUGO'S principal recreation is riding about his island on top of a 'bus. THIERS always carries his own little iron bedstead with him when he travels. WARRXN county is to vote in Novem­ ber for or against building a new jail. The old one has been repeatedly con­ demned by the Grand Juries. L. W. DUGGER, Garrett Davis, Chas. Penn, and. softie twenty other persons of Virden and Girard, left for Oregon a few days sintje, where they will reside hereafter. H«G cholera is raging quite seri­ ously in the eastern part of McLean county. In Cropsey township, es­ pecially, many hogs have died of that disease. SAMUEL TOBKEXCB, a prominent citizen and farmer living near Rochester, Sanga­ mon county, was killed last week *>y being thrown from his wagon, while hi« horses, attached to it, were running. AN election was held at Freeport last week upon the question of the purchase by the city of additional grounds fc>r cemetery purposes. A small vote was polled. The proposition was defeated. AN effort is being made to raise funds to build a residenoe at Springfield for the Bishop of this diocese by the Episcopa­ lians,, as an inducement for the transfer of the headquarters of the churdh from Chicago to that city. ON Wednesday last George A. Thomp­ son, a brakeman on the Springfield Branch of the Ohio and Mississippi rail­ road, was killed near Springfield by being knocked off the top of the cars, his head coming in contact witha bridge. ALD. LANG, who was shot at Cham­ paign, a few days since by a tramp, whom he had put oat of hw saloon, h** since died from his wound, and there is so much feeling over Cie matter that the tramp will undoubtedly have to suffer for his crime. The murderer is under arrest. EARLY on Tuesday morning the form residence of A. W. Loper, near Chesterfield, Macoupin county, was burned, causing jan almost total loss of furniture and elbthing, amounting t* about $4,600. The family barely escaped in their night-clothes. The fire is sup­ posed to be incendiary. AMONG those present at the Jonesboro, Union county, fair were Col. H. L. Webb and Hon. John S. Hacker, two of the first settlers of Southern Illinois, and members of the first Legislatures were held in the State. Col. Webb is now 81 years of age, and CoL Hacker is only a few years his junior. A SHOCKING accident occurred near Pekin, last week. Henry Becker, aged 23, was riding alone in a farm wagon, with a loaded gun standing between his knees. The gun was suddenly dis­ charged, carrying away the entire top of the unfortunate man's head, and causing iSoutui death. THE first reunion of old settlers of Mc­ Lean county was held at the fairgrounds in Bloomington, last week, and was largely attended. Upon the ground were many interesting relies of by-gone days, such as flint-lock rifles, patchwork quilts, etc. An old settlers' society was formed, to which are admitted all who resided in McLean county in 1850. A resolu­ tion was passed to send to the Philadel­ phia Centennial Hugh McCracken, of McLean, who, though 104 years old, is a hale and vigorous man. LAST week a convention of delegates from tiie various Reformed Episcopal Churches in Illinois was held at Chicago, and a Synod organized, to be known as the Synod of Chicago. Rt. Rev. Chas. E. Cheney was elected Synodical Bishop! Nine churches were represented and t£e proceedings were of an interesting char­ acter. MRS. JULIA RUCKMAN, me Huddle- stun, better known to visitors at exhibi­ tions as "The Illinois Giantress," died last week at the residenoe of her mother, near Gillespie, Macoupin county. She was remarkable for her great size, weigh­ ing 412 pounds. She was an excellent lady, and connected with one of the best I families in the county. I A FREE bridge is usually considered a GOT, lin os THE MOHEI QUESTION. A Clear and Pointed letter. - i i S»AratU), WEST HAMPTON. N. ik- - , Sept. 10. 1875. f s sfif Drab SIR : I had read with great pleasure your admirable letter on the "Currency," to the editor of the Trib­ une, ore reeeiveu-your favor inclos- ing it. Your views and reasoning ap­ pear to me to be unanswerable. |f° you jQgya J A* . it seeks to effect its object almost always defeats it. The debtors who desire to defraud their creditors by making paper money more abundant and less valuable would be the very first to suffer from the measures they propose. The indication of a purpose on the part of the The Ohio I'anvass. a •• [From tbe Boston Transcript.] The great canvass in Ohio has beeai v, growing a little "mixed," according t0>* all accounts, but the elements are again" settling themselves into more definite' In the first placed tf-.: j &ud intelligible array LACE-MAXING, long confined to Eu­ rope, is becoming very popular in country. "THE Ringtail Doves" is the rather, j poetical name of a cullud ladies' 'ciety in ; public blessing, but they do not take rArAnfrnvn /l.t i ii i m ». •' ought suit in a Justice's Court on a Itv.r and honest claim for $60. The de- "'-want's attorney trumped Hp a false Eatontown, Ga. OF the seventy-seven graduates at Princeton sixteen look to the ministry and twenty-seven to the law. .AN exchange says : Lovers of house plants will be sorry to learn that the oleander is a dangerous plant; but so it is. Children have been poisoned by eafc- flower petals ; cattle have been killed by browsing on the foliage; a single <lfop of the imlky, acrid juice, that exudes when a twig or leaf is broken off, may produce the death of an infant The odor exhaled from the blossoms is also deleterious to the health. that view of it in Peoria. It being pro­ posed to make the bridge free there across the Illinois river, a woman and a housekeeper enters her protest. " What will we do," she says, "with our va­ grants, scamps, and scalawags in general if we have a free bridge?" Now, it seems, these worthies are sent across the bridge to rid the city of them. Not having any means to pay toll back, they stay put out; but with a free bridge they would be back again. Wherefore the cry in Peoria is, "No free bridge until we get a workhouse 1" .ve not exhausted the argument, you have left little to be said in its support. Mr. Chase, my successor in office in the Treasury Department in 1861, did me the honor to consult m,e. to the financial measures which he proposed to recommend to Con gross to meet the exigencies of the war. I objected in the strongest terms 7i.e Legal-Tender act as unwarranted by the Constitution, and especially to its application to existing contracts between individuals as an act of gross tyranny and m violation of the rights of prop- eriy, which it is one of the first duties of government to protect. My opinion is unchanged. Beside, I did not think that measure necessary to the successful prosecution of the war. I believed that if, in every act of Congress authorizing a loan, a provision was inserted levying a tax to pay the interest, we could borrow all the money we needed ; and I am satisfied now that we should, in that case, have contracted from $500,000 000 to $1,000,000;000 less of debt I look with great anxiety to the result of the pending contest between the ad­ vocates of redeemable and irredeemable paper money. It is beyond question the most important issue to be tried by the people at the next election of a Presi­ dent; and if the principles proclaimed •i r mocrati? party in Ohio pre­ vail, I can see nothing in prospective but disaster and disgrace. There are two assumptions in the argu- ment in favor of an irredeemable paper currency and of an enlargement of its volume, the fallacy of which is demon­ strated by the most superficial acquaint- anoe with statistical faots: 1. That we have not currency enough to transact the business of the country; and, * 2. That the business of the world so enormously increased that it cannot be transacted on a specie basis. To the first of these assumptions it is a sufficient answer that money is loaned on call every day in the city of New York at 2 to 3 per cent, per annum, and for definite periods of time at half, or little more than half, the legal rate established for tli£ State. I have very recently bor­ rowed for an institution with which I connected $50,000 at 4 per cent, per an­ num for periods varying from three to nine months. There has . been at no period since the war so great a super­ abundance of paper money as there is at the present moment. I believe it per­ fectly safe to assert that there are $200,- 000.000 of government and bank paper in circulation which cannot find employ­ ment in the legitimate channels of busi­ ness, which cannot even be profitably used for speculating purposes, and which are therefore loaned at rates of interest low beyond all example in the United States. The second of these assumptions pro­ ceeds upon a total disregard of two. well- known facts : First, that a vast increase of business may be transacted by means of bills of exchange and other commer­ cial facilities with very little enlargement of the paper circulation CM- the basis of specie bv which it is supported ; and, second, that the abundant production of the precious metals during the last hun­ dred years has not only greatly dimin­ ished their purchasing power, but has so exceeded the demand for them as a cir­ culating medium as to furnish a large surplus for ornamental purposes and do­ mestic use. In the United States alone, during the last twenty-five years we have produced, as nearly as can be ascertained, over $1,467,000,000 of gold and silver, During the same period we have export­ ed of our own coin and bullion over $1,- 328,000,000--at least four times as much as is needed to sustain the whole paper currency of the country, even in its present inflated condition. During the years 1871, 1872, and 1873. the average annual product of our gold and silver mines amounted to 66,000,000. At the sasne rate we »luul produce enough in the next three years to warrant, if kept at home, a resumption of specie payments in 1879, and preserve the plighted faith of the government from violation. In the face of these facts it is difficult to conceive how any man having a respect for his good name should oppose a re-, sumption of specie payments on the al­ leged ground of a deficiency of the pre­ cious metals. The contest before us is to be a severe one, and we should not underestimate the hostile force we shall have to encounter. It will embrace : 1. Professional politicians, who think the ory of " more money" a popular one, and whose advocacy of public measures is usually shaped by this narrow and selfish consideration. 2. Manufacturers, for the purpose of keeping up the price of gold, or rather depressing the value of paper money by adding to its volume, and thereby se­ curing a virtual increase of the impost on foreign products which come in com- petition with their own, thus accom­ plishing all the ends of a higher tarifl of duties on imports. 3. A class of theorists, who do not scruple to set up their $tude opinions against those of the most intelligent statesmen and the most able and pro­ found political economists of the age, and who, regardless of all the experience of mankind, hold an inflated and irre( deemable paper currency to be an ele ̂ ment of prosperity, when every commit xiit-y which lias test«d it lias found it a source of individual ruin and disgrace. 4. A well meauiug, but hopeless, class of persons who honestly think that more money of any kind must be beneficial to them, and who cannot be made to under­ stand that two paper dollars worth 50 cents each in gold are of no greater value than one paper dollar worth its face in gold. 5. The most formidable corps of the army of inflationists--the dishonest por­ tion of the debtor interest of the country, who are aiming to pay their debts in de­ preciated paper, and to defraud their creditors of their just dues; for if the pa­ per currency can be so augmented as to reduoe it fifty per cent, below the par of specie, a man who owes $10,000 win pay his debt with $5,000. But it is a fatality of nearly every species of injus­ tice and fraud that the means by which w o " k l ™ " o t O D t o o p r o g r a m m e o f t h o . o r e t h e U i e i r d u i r " 1 p 8 n y • ' M u a K ' - r a „ V man who had mortgaged his real estate or hypothecated his personal property would be called ou to pay before paper, which the Legal-Tender act compels the creditor to take, had become so depre­ ciated as to render his security less valu­ able or possibly worthless. Thus the most numerous and clamorous class of inflationists would be the first victims of the fraudulent purpose they, are seeking to accomplish. Finally, there is a class who really think our paper circulation, though varying from 13 to 17 per cent, below par, *n> be "the best currency in the world," and who honestly believe that the country would be benefited by hav­ ing more of it. B*t my respect for the intelligence of my countrymen compels me to think that they are comparatively few in number. Our prosperity and our good faith are not alone concerned in the settlement of this question. It involves our reputa­ tion before the civilized world ; and the judgment of all countries in regard to it is so well established that the false step which the inflationists are urging us to take would be far more likely to be ascribed to a waht of integrity than to a want of knowledge. I am, dear sir, very truly yours, -- _ __, ^ JOHN A. Dnt. The Hon. RKVBRDY JOHNSON. Contraction Not a Republican [Policy. The Democratic convention of Penn-, sylvauia distinctly charged the Kepubli-1 and can party with having contracted the currency. Hon. Edward McPherson, long the clerk of the House of Repre­ sentatives, has been to the pains of look­ ing up the subject from the stand­ point of the Congressional records. He shows beyond controversy that the charge is without foundation. When the Republicau party came into power, the currency question was strictly a State affair. There was no national paper money of any kind. The coin of the country was issued by the United States, of course, and while that was the only legal tender, it was not much used in ordinary commercial transactions. One of the first steps of Congress was to levy a prohibitory tax on State bank notes, and issue in their stead green­ backs. But the volume of currency was not diminished. On the contrary, it was increased. During thu time when the government was issuing bonds to prosecute the war Congress pledged the government to keep the volume of greenback currency within the maximum limit of $400,000,- 000. It made no anti-colltraction pledge. That agreement was in the nature of a contract, and not even a law of Congress could change it. Mere statutes of the usual kind can be repealed, but contracts cannot be annulled at the option of one of the parties to it. From the first the apprehension has been that the currency might be unduly expanded, and against that lias a safeguard been provided. For that precaution the country is indebted to the Bepubiican party, but for ho ac­ tual contraction has the party any special responsibility. The first step taken toward contrac­ tion immediately followed the close of the war. A resolution was adopted favoring a reduction of the volume of the current "as speedily as practica­ ble." Mr. McPherson says the vote on that resolution stood 166 to *46, and of those six negative votes only one was cast by a Democrat. That first step was followed by a second and final one in the shape of an act of Congress. On the 6th of April, 1866, a bill was passed which authorized the retirement and cancellation of $10,- 000,000 within six months and $4,000,000 in any month thereafter. " Upon this bill," says McPherson, "there was but one Democratic vote in opposition. In the Senate, the negative vote was ex­ clusively Republican, both the Pennsyl­ vania Senators (Buckalew and Cowan) voting in favor of it, with the Democratic Senators generally." By virtue of the power vested in the Secretary of the Treasury by that act, , u„, ̂ t Wuu- Mr. McCulloch reduced the greenback tering with the New York against the circulation from $400,000,000 te $356,- Pennsylvania platform, anv swat for th« imn jmA A T? ui; n ̂ T.™ ..4-. iU on the currency issue. They avoided STv • • in framing their platform, and up to " within a short time the instructions at, , § the State Committee to the local canvas-% sers have been to go lightly on the greets backs, but pitch in heavily on the school question. Not even the storm of reproS b a t i o n w h i c h b u r s t u p o n t h e D e m o c r a t ! - inflation platform from outside of the State availed to ̂ give the Republican!!: ti# the hint and stiffen them up as segnrdij aa hard money. It informed the Democrats j that they had been going too far, and ;* * • they modified their truculent advocac# of inflation. Pendleton himself declared' •" - himself to be in favor of resumption--» .•» i.fwlt.. some time. The Republicans at ' the same time, instead of striving! for high moral ground, uneouipromising. »' •» and unequivocal on the raain question oft ~ < the present and the future, chose totrini' ̂ their sails and steer off on the school* question, BO that the division is not much between resumption and inflation ̂ with the Republicans on one side andT ̂ * the Democrats on the other, as it looka " ' to be at this distance. The Democrats - shrewdly put the question : "Are yot^"^3 in favor of resumption of specie pay-J ̂ tt ments in 1879, or a postponement of it?'* ̂' » and they are deluging the conn try with pamphlets and documents against con- traction, and with their demagogues oi the Cary stamp are playing upon the dis­ tress of business enterprise and in- • '-V dustry, and of the " debtor class." The school issue is met by the Demo­ crats by declaring it a bug a-boo, showing that free schools are guaranteed by the Constitution, and have been attacked not by the Demo­ crats as such, but by the Catholics. This course of argument is specious and plausible, but the Republicans would have overthrown it utterly and finally, not by similar plausible and evasive re­ sorts, but by an honest, open, fearless and straightforward advocacy of a great principle--a great " moral idea," under the proper urging of which no Ohio Re­ publican would bo a stay-at-home. There are signs that the Republican manage­ ment are at last awaking to the gravity of their situation and willing to work up to the full demands of the crisis. Gen. .. „. . Woodford, of Brooklyn, has been talking.* A' . * in his attractive and convincing manner ' along the pathway of Sam Cary. Here-^ ̂ ̂ bukes the faltering of the Republican leaders in such burning words as these "Hence, I arraign tlie Democratic party and „ the Democratic leaders in Ohio--alike those ' * who Dload for more greenbacks and those who. • with les^ audacity, and infinitely more coward-i ice. Htfflnrl Wlv Ky jjatlonal credit ia . stoned to death, themselves consenting there-' ; to. I arraign party.and leaders alike as seek- iug to MUllo the nation's plighted faith, as seek- iug, not merely to delay specie resumption, but"" practically to make it impossible. '«4) "What teat I apply to others, by that teat I , .. t x a w i l l i n g t o b o j u d g e d . I f . i n a n y o o n t e s t i n 4 ; • this land, the Republican candidate is an inHa-a^jf u-jol tionist and lues Democratic opponent is in favor of a Bound currency, redeemable in coin, I pray that that Xlepuhlican may be defeated and that Democrat elected. If. in any State, the Kcpublioan party is for inflation, and the Dem­ ocratic party for honest* payment, of the debt, bill and bond alike, I pray that in such State the p&fiv which there stands for honest money may be victorious." To the people he exhibits a $5 green­ back, a $5 Continental note, a $5 gold piece of 1795, and a silver piece of the Dutch Republic, and it may be imag­ ined what effeot he produces by the comparison of the histories of these pieces of money--the money of the dead republic worth more to-day than the monej ^f the living republic. One blast from a man so thoroughly in ear­ nest, so possessed with the enthusiasm of truth and devotion to a great oause, is worth all the elaborate ingenuity and cunning of State or oounty political committees from now till election day. Can not the politicians see that, with the currency question threatening as it does, the dikes are down, the floods out, and the founda­ tions of all these things breaking up ? Here is a great national question driving all ordinary politicsl questions from Sis field, so that neither the national organi­ zation nor the administration takes any special interest in the Republican can­ vass, nor the National Democracy, coun • rwf it# iM •Mb vr •t.ih ,r!f' • h-te ««? -J. • f 'I •:T' at / iq • ! R ™} r.(f i 000,000. A subsequent Republican Sec­ retary reissued over half the bills retired. In 1868 Congress took the back track, forbidding further contraction. That step was taken on the motion of a Re­ publican, and had the Democrats voted for it another resolution would have been adopted authorizing and requiring the Secretary to restore all the retired greenbacks to circulation. On the reso­ lution to stop contraction every Ptoruqrl- vania Democrat voted nay, as did a ma­ jority of their political associates from the other States. The currency of the country is of two kinds, greenbacks and national bank pa­ per. Congress lias never sought to con­ tract the volume of bank note money. On the contrary, the disposition has been to encourage its increase. The last Congress removed all restrictions, de­ stroying every legal vestige of monopoly in the banking business. There are to> day no legislative restraints upon the ex- pansiou of national bank currency. Contraction has actually occurred, how­ ever.5 The volume of national bank pa­ per is indeed decreasing, but the cause of it is as much beyond the control of Congress as is the decrease in the amount of railway construction now in progress, as compared with two years ago. The supreme law of supply and demand reg­ ulates the matter. Having made bank­ ing free, Congress did all its power to prevent contraction. The truth is that the Republican party lias never aimed at resumption through the ruinous policy of destroying paper money, in whole or in part. A few indi­ viduals have favored that method. Pro­ fessor Amasa Walker, for one, contends that no other way is feasible, but his po­ sition is untenable, and has never been indorsed by any Republican convention. If any notice whatever has been taken of the matter, the idea of appreciating the paper money of the country by lessening the quantity of it, lias been repudiated by the Republican party, the country over. The contractiouists are those Dem­ ocrats who favor resumption, and at the same tims demand the abolition of the national baik*.--Chicago Journal. battle of the Democrats. Where was ever a clearer field offered for conduct­ ing a campaign apart from the old politi­ cal machine work, of which men sicken t h -.iU A Where the Honey Would Uo. Practical persons who do not fully un­ derstand the programme of the inflation­ ists, want to know how new paper money oonld be distributed. The inflationists are not ready to tell, but they know. The Jeems River Canal would serve for the distribution of any number of mill­ ions. The Mississippi levees would dti* « tribute a few millions. Tom Southern railroad might be mnniigun t j a distributing agency. It mi found important to promote nan , by dams in the Kentucky forty other Southern riven. ,|L canal on the American aide of Falls of Niagara would be asefol*' A canal on the Indiana s^e of tbe of the Ohio might be tf|§e> to <ktot ionke- 0 ̂ thing. Lake Michigan could in part be drained through the Illinois river at ex­ cessive expense. Confederate soldiers on the pension tolls would absorb a few millions. The war claims of Missouri, imitated in all the Southern States, could b© used to scatter money among our Southern bretliren . Compensation for slaves emancipated by "Lincoln bayonets" would prove a formidable agency for distribution. Payment for houses Sherman burnt in South Carolina would take money. Payment of the war debts of tho &onthern "States would cir­ culate the money.--Cincinnati Oomrnar- 0ial„ IT is generally conceded that IICITE wife wouldn't have looked back, bat a woman with the primitive pull-back dress on passed her, and the temptation to see how it was made ovarcMiH# har fears of impen ding doom, and she salted, and preserved--£r«. m further van­ i t i e s . ^ • , . t . LAST year the French -peojAe tamed 2,860 pouaib of horse, mole an& ass meat.

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