' . t. . I "' t i ...n..,. f me currencr he thereby ! il aumnaic: Ami Waal a. t.. i,...,. THE VITAL ISSUE. CAUL SCHUKTS SPEECH ON THE FINANCES. A CLEAR AND VIGOROUS STATEMENT. THE CAUSES W BIC 11 LED TO THE PANIC OF lt73 AND TILE CCMlIEKCIaJ, DEPKE&3IOM THAT HA UNCB EXIST 2D KXTLUXED A SOUXD CVB KKNCT AND A BkTZ BAN KINO ST ST EM THE FSSENT1AL, REQUISITES. Ci!rrn?KATTf Sept. 88. Music H1I wss filled to lu utmost capacity to-night with Isdies ud frentlcraeu to listen to the speech by Secretary Carl Scburx. Mr. Schurx ai introduced by F.icbnrd Smith, and was creeled wita enthu siastic cheers. He spoke as follows: F KLi.i' w-Cinz ink; This Is tb second time that I bare been honored by cUIxeusof Cincinnati wMU aa tnrltat.ou to speak to tfcsa on ttie financial ques tions before tlie people. I thank yoa sincerely for the confidence wrblcn tnat Invitation Implies, and t respond to It with a deep m:i of re.-.p-miiblllty. The remark 1 am going to make to-niftit trill be. In a certaiu sense, supple uioutary io tno-s I made hero tbree years afo. I then sketched tue dlatrous eouscqueuoes wulrfc a policy r curreucy inflation would bring after It to the merxuauL, the manufacturer, the business man generally, as well as to ine farmer and tbs laborer fur wages, and especially the latter. At that time the people of Ohio la their State election adminis tered a avian and noble rebuke to the Inflation mow meat then attempted by the Democratic party of this State. It was to be hoped that this rebuke would sufficiently check that movement to pre out tu repetition. That hope has beea disappointed. Indeed, both political parties, la their National Con VeuUous or 1876, proaouneed la favor of aa early resuutpUoa of specie payments, and thus seemed to he agreed as to the object to be attained, and the preparations for resumption have so far proceeded that It Is in Immediate reach. But white we are la a hair's breadth of a final settlement of the vexed question, the Inflation mania has broken out afresh, and It mast be admitted that many well-meaning citizens, owlet the pressure of temporary distress, are hon estly seeking for means of relief, and are tending toward conclusions, which. In the opinion of those who think as 1 do, are fallacious and fraught with great danger to the National honor as well as the iubllc welfare. To that class of honest and well sneau tug citizens I shall respectfully.aUdress myself, and in dot ug so I shall. Instead of making an effort at ulgli-flowu oratory, express myself In tlie way of a stratght-forwaid, homely, common-sense talk. THE STORY Or TUK INFLATIONIST!. From time Immemorial and In ail countries tt has been the habit of politicians, when the people were laouring utitlcr business depression aud distress, such as has beea afflicting ns for the Ust five years, to charge those managing the affairs of Ue Govern ment with the responsibility for li alt. And so they do now. When yoa ask them to particularize their charge in our case, they wift tell you that the bus nesa collapse of 1873 was brought on by a contrac tion of lue currency, and that the Government withdrew from the business of the country the menus with which to carry on that nutlness: and that there fore business broke don. This charge has been so often and so conclusively refuted that It well nigh exbauMs one's aatteuce to refer to It again. But you have heard of men woo tell the same yarn so often that they at last believe It themselves. So St may be with these who still tntt that the crash of 1S7J was earthed by contraction. Indeed the lnfl.i ttotitsts need that story for theory. They cannot do without it, and, therefore, valiantly stick to it. What are the facts? 1 have the official tables before ine. There was, indeed, a conrractb-a of our paper curreucy from 18S to But the business col- lapse did not occur after lfS. It came fire years later, and those five Tears, between 163 and 1873, are generally regarded as years ot uncommon pros perity. Now what happened itb the currency be tween 18ttand 1S73? In 1M contraction was stopped. In is6vtbeamouutof paper currency outstanding was tm.94,fcG.Gl. In 1870 It Was $700. S7 5. SMI. In 171 It Wi$717.87i,75I.Oe. In 1H72 it was $73s,S70, I I. 5. in Kt It was 7S0.0S2.K3.V4. This state ment includes not only the greenbacks, the National bank uote and the fractional curreucy, but also the fetate bank's circa latiou. the demand notes, the one and two years notes of 1853, and the compound in terest noLes. Thus it appears that dui lug several years preceding toe craa of 173, the currency was not only not contracted, but very materially in creased, so that In ls73 It aniouuted to over '6, 000. 000 more than In 1G9. The fat then stands thus: The curreucy was contracted between 1S44 and IKS, and several years of prosperity followed. The currency was ei- fanded from ImK to 1873. and tlie collapne of busi ness occurred. If It were true, as tlie inflationist In tit, that the increase or decrease of the currency were at the bottom of our prosperity, and the depres sion, respectively, we would have to answer, that, according to the clearly ascertained fact." of history. It was contraction that caused prosperity and ex pansion that caused the collapse. I might even arid that be:weea I7l and H74 tue enrreney w:ls expanded from 7.V.063S.94 to71.49a.91g.0l.that Is to say over thirty -one millions and yet the depression was not only not relieve!, bat grew In distressing severity. Onr inflation friend may not relish that kind of reasoning, but what have yon to answer Those who know me wiil bear me witness that I have never hesitated to crltlclie th-we In power for things I thought wrong, but I candiilly think to charge those in power with having brought on the crlsK of 1973 by a contraction f tlie currency, would be Jut as reaw-aUle as 14 make them responsible for the equinoctial storms. or for the depredations of the locusts in the West, If the (ioverniaent is to be made responsible for every thing, theu I solemnly demand that the abundant crop this year be put to the credit of the adniluU tratiou and of the Department of Agriculture ia particular. KXAUIXIYG THE CAL'flES OF THE COLLATE. Let us examine the causes of the collapse f ls73 and the subsequent depression a- unprejudiced, sensible men. Wo all know that at tlie same time when the panic occurred here. In the autumn of 173, a similar crisis broke out in turope aud swept over all Austria, the German E upire and almost tle whole European font incut except France, while a severe business depression was felt In ling laud. Mire'y. although this ut a great couutry, our Congress aud Administration and the Republican party cannot have been at the bettom of all that:aad vet the effect produced by the crisis In Euroe was almost In every respect the same as here, specula tion eel lapsed, values shrunk violently, real estate went down, banks, manufacturing and trading firms failed lu large numbers, extensive brauehes of industry stopped, laboring men were thrown out of employment or compelled to work at lower wage v and grievous distress spread all over those countries as well as our own: aud upon candid exam I nation you will find that, as the effects were Similar In the two hemispheres, so were the umlerlv Sng causes. In none of those countries was It a cur reucy contraction that brought about the disaster, Jut as iit lie as In our own!" There was rather au expuioi: of it, especially lu Oermany. No; the real causes were, a 1 have more than once had oc casion u ieM-riie them: great wars reiiiiiug tu an liniiifiite deuutfou aud watte of wealth, large In dustrie mi ii itcriug to the work of destruriMa In Urad of pri4ucug additional wealth. Hci after that exresMtve enterprise, stiuinlated by apparent success, tlie xinkiiig of atge amounis of capital in great undertakings which could vie id no immediate return, uch as the building of railroad wuere tltey ere not nettled; for autH'ipaiiug the luiure; lite invention and Introduction of new labor-saving machinery, creating new facilities of production and exciting ext.M7e uiauiifuciutltig beyond present demand; with vp-etiiative deaiin? S'til gauioiitig in all sort of tmahiaiy vlne; an im tense numb-.-r of porpie fiautirai!r t riving to uiake aioney qu.rkly by auy means exceii solid wors: an InlatujieJ faitu In ibe success of wiuUy s-heuies Snd uuh.tiur.il siraiiiiiig of tle credit system by snhlig ieru,aliou and enterprise far Iyond the means oi ttne engaed in It: and flually almost sveryttudy believing birucif richer than he is aud Lnerefori! kpentliiig utore u:ooey than hee -utd afford; bene iridc spread extrava-;anr and Im provident hautts. And if we inouiie wltt the currency had to do with it. we shall find that In this country our Irredeema ble p:iH-r money, by Its d-prect alien, ruuni n g up puces to a lict'iilous point, stimulated t he spult o( reck!eMiie3. and gambling in nlniost all brant no of enterprise and business incited extravat:ani-e. and thns Bttenxthenetf all the bud and demoralizing In fluences wutth are usually ac tive at urli a period, ft ich thing are apt to go un swliainingiy for some lime, but iliuMoit and ites will not Ust always, es- CtUIly in business maiters. After a while It will meat that a million of men engaged In active arf are have eoiianmed and destrie wealth, but sot produeed any; thai a railroad running from eolut nowhere to point uownere'eannot pay dividends SuUI it ha passengers and freight to carry; that the rslue of real est at does uot depend unou the Intagln itton of Its owuer, bnt npun the ue that ran i ol li; Uiai coriiar sou ia jaier towns ing-r. beef ?d np ian di J r and 8 he a. ..-e, iav u .tfaw it the whole i fried in I "About three miles an hour without quires a crust as thick I worrying," said the elder. where nobody lives and nolly Intends to live, will no bear heaw uiortg-; tiwt ait'de t: liumhtry ptuduced bey.nd aetual dri.iand will itecoiae ad.u; iti tho iiurkt- th:w sli re in jiliit stuck comiiaiiies will at Ut lecoie wortiiies If U i.ten'" yields no produ; tn tue men wno borrow more than tuev eau pay mttt at last break, and tual tlHe who H"d more than Uey earn will finally hoccune paupers. This light, the light of s.ber man. uw Jly bre iks all of a ud!en mni the people: the illu-bm all at once vatd.e: the bubble Ihiis.s, and wearest down heavily upon the hard rock of real fact. That thing iapptoed V us in li'A. Tim we rub our ees aud around A-d w.mder bow It all came a'-oiii. And yet It waa ttw most natural thit.g in the wort!. Iep lavost lnalrralles have no right t expert a:iyhing tle than tiiat these luvestmcttia will at laa vanish Into the air tliev were male of. Tle Let thing one can do al er the e lan is quietly io gather tip our five sei.se s and go to work like men to repair our shattered fortunes. Airtl how can Lhote shattercl foctuuwie reaircil.j Fir:, be recognizing the errors of our w.iysaud dlscar.llug aelf-Uel--.u..u and tliuiuii: by roinemueriiis that uur wealiti u;Utt omslvt iu w;at wc prod-ice aud have and noi in what we dream or: by alw'r.liiiug co'-ev'H-i.(ly trom alt windy ar hemes to make our selves rlrh bv priutm? the wrd duliar a;a a pice of paper: bv aeiing un:i le principle tliat the o-ily honest war t t?t rid of onr dents Is by psya s t:em, and "that wo caa l-mj prosperous only iy pmducittc tuiui that aroefu', a-d by spending less than we earn. Thee .jy Kk like fdd-fahbmeii h'toe-tpon d.ctrlns. but wliaienr our im-lern fiuaucta! Jnglera mav liy Ij make yoo believe lliebo !cui: ea ars turn jnas as g- tltev w-re a th.Misai.d yers ago. a:id lU-y p:int the only wy out of o.ir dlranl'ies. There Is no itlirr." 1 the honor of the Ameri can people be It siid, a vry Iwre majoCty of them hVtf b eu acting MjMii these puml oe-t f--r the la-t ive years, and they itre ail the l.eiirr for it. It 1 true, a goid d-al of wld talk h.is been l:nlulged lu aliout ail Muit or in hod to Miarutrae-.ure money out o woihliig and iodiiriiKiTo K so as to ki-ep everv body's tsei full of cah, ptittlug all tlie world at ease. Hut ait" ou;U that wild Ulk has belo'ed souiea:ol luipetleo: nerfni feMaitoo, ye; the te.pio on the whole have been Meadiiy at work prlu tiig a-eful things aud practicing tvl economy. And while the rnulta of thai activity have nt yet i-evo feit lu all ibe works of hit nut u luditry and all classes f stylet v. yet I veuiure to toat ouriug the lat live years lite Ametle people have ervai-d ti;eie rca!, substantial wealth thau during the five vears or wild sehemitig. gsmbiog and speculation whlra prece.le.1 the craa f 173. 1 venture fuitber io ftav. aud I tl.n.S tt u felt all over the coun'i v, that haziness activUy it si wiv but sureiy qul keitng again, and Hut tlie A merlcau people now stand upon ttte t!irili ld of a new peri'l of prmpeiiiy. and tiiut we ht reap an abundant fcarvesi of it, uuiess we tlimw away ouroptHriuniiies by uiiw-hicv.-u tiitermeddllug with tue natural ue veiopuieut of tln'n.'S. T II R a 2 THINGS OF NCCES?ITT. The revival of buineia and prosperity will. In deed. iot con i it in putting uuou tueir legs again old exploded speca!atlns, or lu reMotlug to tnelr wealth scalu buiues men who bioke down by venturing lute operations largely beyond their means aud spreading their capital all over creation. To be sure, many of that cL-ivi. who are still strug gling, mar stUI have to go down, and many who have gone down may have to si ay ilowu, and nofit mouey can help them. Kut new men will step into tnclr places. Such peri'-ds mean tl.e turvivaJ t.f the flitest. Neither mu-a all the laboring uieu who have tecn thrown out o etnploym-iit br the crisis eiiect that a revival of business will In all cases give then prompt employment again In the tame Hue of work at the same wages. Many of ti em will have t chauge their occu at ion. and those who nse their opportunities In th.it retpect moet rewlutely will le all the better for it. Kevtv Ing ppatprrity'will consist In graiinallv opening a fmiiful neid'ior those branches of productive iudu trv aud corr turning trade which supply actual mailt. A old siocks are exhauMetl tbev ut lie reduced. The pressure of th times has taught us to prmlnee many article!- formerly bought abnat, eheaply and in tm-a exibnt quality, as to intn duee theus Miccessfuily and kirgeiy luto lorrlgn din petliiou. Uurabuudaut cip tlud a ready market aud g-id pi ices. A multitude of circumstances Concur to give to almost every bratiSh of bu-lness a natural and healthy eiteouragemeut. aud whatever changes in the metlM-ls of (nulucuoii have taken place there Is no dount that inerewi aud more varied wants lll muii reuder p"?-iite and profWaule the employment of the ame, and cvei. a larger number o'c men than ifo-e. Tm.e will reap the fruit of that revival firt, aud mnst ahuudantly, wio go about their bniues wlin the most diligent lodns trv and ctrcutovpectiou. sttiving to rise kiowly. but suieiv, aud keeping their ceites prude.. tiy withlu tneir earutt.s. Tnu we may ix j-e. as 1 cu'i didlv believe, to see Ifce Ametlran peide. within a coinparatWeiv hort ier:od, agalu engaged In geueral and Iruiitul a-tiwty and lu the eu vtueul wf laicly liicica'! wealth wealth not divided and doiriuuied at u was berore. but tributed to supercede tlie ili-ire of trie last Ave venrs with a big i degree of general well-being. T.tU, I think. Is wlthiu our reach. P-oriffi aU srou we put and keep the buluesof tlie country on a sound ai:d afe bais anduo not pdi our chances by indulging iu fooilii e teire. T-i fiml-h that sound fouuoatlon. wiThoui which buboes-can have 1:4 heaitbv deveioHuei:t aud wicnout which tt.e n oihiV of ibe people will wavs taud upon a vok-ano r adv t-i ex- ,.uhJ. at muf iliu. lure iDinE.y. u i ht: A good uatlonal ana lu'iiviuca. creuiu uaeo min National and Individual hue-iv. rconil, s-rtind currency of real and ttab via-: ai d hlrd, a safe a -d r-ii'abie bai ktug system, as the denied t.ry of buaiues lund aud the ma iituery of nutu exchaugeM. lu dlsusing tlieae subjects 1 'a;l run agaii-t some pruar ci ies Induti iouiy u.scd by demngugues and repeated by unthinking men. whb-ii are fraught wl it mlMtttf and dt4-Ur as well as disgrace. 1 shall speak of tneiu wttmKii re set if, f .r at a mouie,.t wlien. tr w a period of dis tress, we have at ast a c nance o emerge tipoii S4iid ground aaiu, aud that chaiK-e seein iu d nr of being tnrottu awav bv acta of dishonesty r findlli ness. It is time to rail things by tbeir right names. Kf AKXllY'S 'BLOATIlO BOX DUOLPKKS. First as to credit. Our National credit rests opon a faithful discbarge of o.ir National obligations and 1 sliall bow lit at In a great measure Ihe Individual nedit a d interest of mt of us rests upon the same thin. It has become the fashion for many poll-tli-laus and public agitators to cry out ag dust the bondbohlers, and thus to excite a prejndn-e agaiust the bond, which is au einitiuiet ltttt National faith. The bwndiw'.ders are repre seuietl as a set of b-oaied" indlvid'iais residing down Lat or lu foreign csuu-trie-, who bjugbt their bonds at hir -five cr friy rents on the dollar and towdt in and Ion cents and lililh iuierest in gold. Tnu the UHiiilmlder is pic tured as a Hrt of cilminal Idootl-su k .-;r. who. with Cold-blooded craeliy. fallens upou ibe uerii;gA of a down -trodden people. Now. soppoditg our Na tional boml were f till in the bmi of thirM who originally borjrtit tbein. Can you fall to remember ih.ii wtieu bouds were sid at lorry cenu o i the dollar, and ibe quantity so sold was ujI very large, tue life of the Nain-u wMs thrraieiied by a mousirvus rrlHlHou ? Tnat tl e Itepuoltc M-euiol Io be iii lit ag'-nlesof deatn ? Titt it apjeareI uncerLiin whef iter the bond lHu;.it at f.rty cents on tond4V won 1,1 ie aortu ten ceuts or one ceui on Saturday r Atwi that the purcuaser of the boud (Uked his uiotiey for t:ie country J.ut a liiuch a the soid;er tl.-ktd ills i-lvi ? lil not the American toveruueut ask h:;n to take that bond at almost auy price, wl.ru the K-puhlc was lu cxt:vmmei t And iew nnen ne boa he I pet 1 us by tatting It and giving up bis mouy at the n'sk o( ionlug it all. are we. now thai everytniug has gone we!: against tne pietictious ami expecta tion of u-auy aie we. as a ntgii-uiiuded people, to tnm around upon bun who l as ,.e.p-d us in our hour of sup: erne distress, aud tell bim "Vwisrss blod su ker aud a ftcouudrel. I have tiwwu individ uals (v .o, wucu you bad beied theui with a loua. j Hiiu.il feel and a t as if ihey .ed y-u. uot ;ie j btom-v. but a grudge. Ymi n-a U iie;4 ?ii' ii ir j sm i uian ad wiitempiihie f'-i:ows. Miu)d it j be m ne honorable lor lite gieal American people io i put tiiem.selves on the ame k-vei by raing. -.ei u.4 hate the bouuliolu-r., for limy bvi lei:t us ( suoayr Hutv:.o aie the blo.ej' bol.ters of j our NattmH IkiI? It is l iictorhms f.;Ct that i ul ? an Itifliiitesimal part, if any. or onr National turn-is j nrt!tin iu ine nai..ioi iar uoiui ir ordinal pun -baser, have lonx oioce rcaitaeil. and iLu- nuu now iiw u the Ou.iils havo ai.nojt all bought luni at a u:U lignre, aud in a uiajoiiiy if case at their par va ue. Who are the noid-rs.' It wm ettimaied at on nine lust i.tsi.oo0, sV or our bouds sere lici i abroad. It i sta.M Oy t.ie e-re-tary of fiie Treasury. wuO uas the oest uirus of as te.ti.iitng the Uci. that at (.res nt the amount of bonds hcU lu r-tr-l'U eiMiuil les s leuc than S-V.-CKw.oiM). piohahly not over s-:o.i. w. 'Ine rest of (nose f rmeriy he id abroad have eimer been paid dH or come t.ver to lhs cwtiulry, so luat we flid tuat between j and so irr cent, ot our oond d lmict.t nessis bed ooron cilirenf. And is It. true tnat ttore bonds" are iu tae bands of a -et of bloatevi' individuals down teast. f very Olivi nes mau ki:ous ia-r ihauih.it. Ner vsi.tAtia-o of lonrer-t-eut bonds bav. wlittiu iwo year, been sid. They are scattered a t over tt-e country, etpccUlly the Vest, and a:e held mrtly by those wuo cous'der them asaferuivestuie.it for ttoeir ilti.e sutpius than m sjvtncs bank Iwdiest workltigineu, uo will be surprised to find t;iy have unk io the level of thd oloated bhNsJs.irker. Io py a d?bt is not a pa?aut thing. Out It i a ueceiry and printable thiug We have hown tne aorld thai we can pay onrs. and that we are wlllltig io pav It. lu ibl.ie'U yar we hve paid off ouc-loitrtuf it. It has beu said that we have paid off turdeid more rapi il itoau w.s ueceary or pru leut. In -otue iesjK-ct ;hat is true, but tber. luo tloi t that this exres of tv-M Iii as, uari .g our Naibnial o-ii.gatioits ta Iiad a powarmt edeei iu streugnicii tiig onr creliu a d it 1 owing to ti.at ktrengtueuiug that we have the pwer to sogreaitj nsiuce u'ir annual iuierest in fuudlug outstanding b(Mid Into secaritien Ocariug lower iaie ot interest. Tans voa ee l:i this, as In oilier I ittigi. It pa to be Itoneat. A sense ot hHc l a xouree it cretiit ton nation, aud its credU is one of lis best paying luveaimeuts. TUK PAV? OK WtJ.U-CAT FAME rTFK. Tlie secoad requisite for a revival of business and prosperity is Mated to be a souud cur rency a cue ret i cr of real aud stable vaiue. Now wht la that money of stable vaine, and how can we get It? Lot me put another question to you. Many of ns remember ihe time it was eighteen year ago before the war, when gold and si;ver were current in this country, sod bank notes con vertible Into gold aud silver. The gold and silver coin of the Vuited States was then the only legal tender la too fraj tueut of tleata. I)t4 joa uaa 'I consequently, have to request you to put another name in place of mine on the committee. I have already con- think, or ran rnn remeniW anvl.idy who then tluuiftir. fhnf '.i I .1 n.r I m- l:eolU: of tllL i roiiniiy touoavay uii w'M and iiiv.t wl to snu- . s;ii ute' for them aii irree triable tuimt iwrhey. wlih , t much to-4l;iv and mj t:i'-h u-uorrow? Am I rich; ! or not in saving that a ttan ntakiug suca a proposl- ; lkn lu tlm of pi ace would liavo leen mn verbally Vot-d for a pUce iu a luuaUC ariu .' Tlie only thing yon oniplamel and Jo-Uy s, was the j exisiem-o of wliu cat bat.k Tair under a bad bank ! lngxvie, because it cubl tiot le ev: verted Itito j go 4 and s iver coiiTrarv to tfcc promise on lis face. And is it true or not that wlum nnoer the pressure of war twceites, an irredeeoiabte oair mttbey was , Issued aud old aud silver bue away wi:lt. all of ! yoti tlioij:lit It a gmit danger franght with at is- 1 f-trtouc? hurelv yot cariio: fail to rrujern'wr tni. J What was it that male yoa ail regret so umcii the d.HaPpearanre -f ein tncuu-y and the Substitution of j lrreieeii;abie Ptper currency for It? himply tin I 1'tstinetive teel.ug that when you had gold dollar i In yonr p-ket you knew what you had. But when I yon had an tr redeem able paper doll.tr, you didn't, j And that a:preten-loii ban been Justified by sube qiirntrvent.4. You may tell me that for ten year after me Ilivt heavy emiiioDS of the piper legal tetwlerlu 1K yon propensl. Thar is true; at lean it looked so. Hut In IS73 ti:e farrnl div arrived wlien Ihe balance sheet wntrm k. and wiiere were y a Cieu? All of a sudden Ine balloon burst and we came t the ground 83 beavliv tlmt our lones are sttil aehin. And I repeat tr-.at thin coIIsimw was no: brought alout :y a eiei:raehn or Hie paper cur rency. I have surtirlently shown, by proving with omrtal flgutrs. tnat for five years nreee.iii.g :hecrah the curreucy had not leeu connactc! Liu tui!y paiHteL, uuiil in IS73 i here wre over h!y-six mliiiorA uHie of It out than lu lf.S. and nearly thirty ndtliotis ntore than la lsCJ.. Vn will remeiuier, alko, thst during that wroleperloilor so-called pn prliy It was as If an evil con ieio e had bauutci tlie A merlcait people on account of t hat very paper ctirmicy. That for years following the cI-ho of the war every pollllcil convention, every meet i tig A merrhnntx. every respeetahie bonnl of trade or ehnmler of roinmerce declared and reoiYod at In and ai'aiu that tlie country mu-4 rid It-elf of tue cur ot iired--ema and fltiettiaiiug paper curreicr: lt-at evet v consideration of Na-ional houor, of goi-d piiey and business Interest demand a speeilv retina to the sue. le h-is. as late a M7 both ."be great pn iticat partiesoftaecnontry affirmed sn.ei somuly their devm Ion to th . great oh ieet. Kvrs mot f the very men wno advocated In flu' ion as a means of temporary relief, loudly proteste! that the restoration f sjtee'e payments w.is thlr nttimate alia. And why ail tins?" Vlen this almost univer sal eoncuireuce Simplv becaose every raudid man a4 ml ued to himself thai tltisrjontry would l.ave no ctmlideuce lu our eoiiouiical movements; th:il tlteie Could lie no firm aud safe fooiidaitin for National pro-perty until our money system should lie based gln na the roek of preciwis me:als; that our fon-lgn rommen-e would not bear Its lull fruit until our flu:mcial sydeuishHildbe in harmony agam with the money of the world. That was the lntlitrilve feeling f the Amerlran people for years after Ibe war. U Is an eay thing, nnder eertain ciruuisia:iees. to littrottui-o an lrre.re:iahie pajwr currency, but wlien it has long existed ami produced its effects, it is terrihly difficult to g-t rid of It. Its Introduction will drive out the precious metals. lis expansion wl!l diminish Its purchasing power, aud run up of her value U a fleiitioua point. A rtnni to the specie basis requires the acquisition of the precious metals uecwary fir relewiptoii. It re quites a redaction of the paper mooey within thai volume whirlt ine bu-ine-of the country will bo able to float in ti e ftape of speeie and paper con vertible Into specie. It requires retteuch uieut and economy In the conduct of business and all klmls of expenditure. Previous to lTJ no purchase of specie hud beeu set on fiwt with a view of resumption. Fnun lso to Itrs the volume of the currency was expanded from Ml,94,O0fi.l4 IO f7 0. 0. 3 -s. Ibclndiug demand notes aud compound Interest notes, and vet lite collapse came. Kroui ls73 iw is7t the currency was further expanded to f7e4.4eu.l. 17. aadet the dpresslon coutluue'l, which pnve9 most con clusively the crisis was not caused by contraction, and that It woubi ueltner le preventeil nor removed by expansiuo The -secretary of tue Treasury, by virtue of the resumption act of !.";.", proceeued to accomplish with comparative eae what, br thep pftuenis of resurcptlon, had be-n predicted to be atterly ltiiposLbie. He a-qulrcl for the Treasury au amount of gold sufficient for the purpose of Immediate resumption, and uow.lu spiieof all our ueilatioo and stuiuhlmg, tlie go) Is rear-bed. Onr opponents have vucifetotnly asserted fioui day to dv, and prove.1, as trier thought, with facts an 1 figures, tnat we could not get tn-jre. But. gfutlett-ii. we are there. The Ooreru ueut can resume specie payments to-day niorettan three months betoie tiie time fi&eu by law and If w do not proclaim reunipitou to-d.ty. It Is onlv bee:.nse the law stands Intneway. 'Ibe Word bVs ouiy to be spoken and our paper ioiur. tr revlee mable lor fifteen years. Is agin virtually as g.l as goid. The laborer's and the pensioner's doll ar 1 a go si as the bondholder's dollar. Ti;e bin! nes of the country ha aealu the foundation of a National aud stable value corrently under Its feet: l:b a foil eoubdeuce In the nioU;-y It bandies. It can h4.w enter upon a uew career of enterprise and pntK-ritv. This we have acomipll.-bed, ami. as 1 r ' ....... t ... i.irlv iMer.. w. c.u lM.iut.ai 11, irivMiNl mm.vs we ail li.. a srnll'le P" pl' ! Irvm rgu- i tiuj aud iulMmtrvuuc I.(i.iaiiu4i. wild schime r rat xatuvtaiist. Bet now wlial do v. t!i:l at the vrr. moment t l.n th1 .-.t arnlfreraeut. fftr wblch the cantrv ! ha. Un ::hlne f-r mn. app-ar. j.iin-a.' A pvr- ' ttunuf lb. Wpl. IU repwt.roaahfint .. dIre to uado It all. and In rrtnra to - - . I chaos again. A set of physlrlaus when the patient i is tm the point of recovery and rquir? on;y repoe and thequle: working of natural forces, prescribing medtclnes. cr throwing bim luto ouee more, f Is the most rilrtous spev-laeie a tsftmie rr pr nmi; it wou d ?tu uiv htugiiahb? diu tt not threaten se- 1 nous cs.nse.iueu :cs. unai are tnose snetu-s nd profsisitionw Lei us examine litem a:idiiir. Hist, 1 we find it Is the pr. p is.tiou to replace the money has d upin the prswhjti metals, and by th so-cahe! ! Slrs.,iui fiat money. Iiurlng the fixe years of tie- I press lm and distresses, since many people groped irtitirailv about lur means ot relief, I b'ft tmpilrliig Into tbs true causes of th-lr tiiuo-ititv. or not uunerstandiug tuem. they thonht tliere it-ttst be some anlfii tsl r-ute-ly to bring It wuhln t!e reach of human insanity. That the re sults of the unpr.uuriie consumption, the improvi dent wasting of wealth, can ie fuil ouiy by ihe prxlucuou of real wealth, in a slow and te..dy way. d d uot strike them as proiiu-mg in their ra.se. Tney wanted wme quirser and more Ingenbms netiiol of reittnr rich again. I.iketueaiche uists war of NtaktMg gold out ot t.ns. rae nrst thin thatstiuvk them as promising wa- au inda'loti of ciir green ba-k turr-..i y. Hat wheu. from Is.Sanil liut wheu. from l73 and Is7l. the v -lumeif the greenbacks was expande-i frm $j6.0oo,uoi to rotv.ii. it had uot the tsr, efiectn. Tue lucreas staid in the F..i-teru banks. Tueti au expansion t.f the V.ik,uai H mk currency was thought of and new (aciliti-s tor the e niuiou of bank ii-vi given, inn tins nu wot k. In spite of the new reuev actually rcluces fscllitles the bank cur Itself. It lecame evl.teut that the huslues of ti. country won d tel U.&e and cuculate anv more ol Mat uionev. i.iey iNk u;siu j eveiyuilng "that is National wi:h u:.rusi. T.mi ! the scheme of i-ealld ftat ni iiiey was brought for- ( want, an I many weH-uiantiig. iuuocetit peple . seeuiei to bv- ien talked ii.u ne i-def that tu.s ws,at UM.lI.etrur tniu;. W e are gravely tola hy flat nmuev meu thai this is a grei cvnutrv: i: has tome firtv or iit'tv mtllion dollars of prert t:i it; snd the liov- TMmeiitof this great cnufry pats l;s stamp upon a piece of pater and thus makes It money: then that money Is based iif n the whole wealth the couutrv. This HMitids iiiMtinittreiitiy. but presently. 1 when we have made that riit to'iiey plenty, we snail find that it depreciates, and win depreciate more and nroie, the greater the quantity we l:ie. Just as Ihe grecnha-ks did. Kut. says the Cut money doctor, with a n:iie of superior wt.sdo::i. a green- I Utct. by Ihe a -au red prtntilse of the ..ve...i.ient j to pay eoiu f-r It. was kept in cnnsiaut cum , riuu with col n; It couiii depreciate; but when, ny t::e in:rjuciii ot nat ntoue. nu niterly Imnished and ft.rsotu-ii, and oar nioney vs lpiubdbicu:n en? iieiy sej arate and indecuiieut of all the world, how can ihe &al d liar depier.ate. as c-imptretl : tnu? l.-t u see. I a lh tir-l p..ue. as vour flat dollars grout more a; d u ore pieutv. Iiwir pun iisiig piwtr will -row le-is ami l-s. mt a-s the parctiasllig power of the clam-.-iieli enrreucy. until filially utey bougtii nothtug at ail. Thus tite flat ii liars will depreciate as to the arth.es yr.u nav want to buy with them. Kut what "I I-a;.' Vi.ii may think o( foreclosing tht tu- rtage on the weaiih of tiie oui:try. M;n be you are a lab-Ting man who has some money lu a savings bauk. wiucu wa formerly w- ith cnoii-h to uuy a small htmse with, but iu lis lat coudi.tcn, money being pleiity, appears Just sufficient to pay for a jatk-knifc Yu may go to tho h -xt public btiihili: to see whether yti cau find any weaitn of : be country there, which Is an-uriiy for your flat in nev. 10 lay your hand Upou. I shot-Id However, not adv.s; y.u 10 npi;i upon a spet iflc ar.li.1 of .ro(eriy as part of ihe wealth of tuc country, for jou womd be lu danger of being arreted an 1 put in J:;tl tor I.n-t-iiy. Tue weal.li of the eo-mtry. aHiMMUfh it Is security for fiat mouey. cau uot be haudled lu ti:at way. ion may'tiiluk it best to present yt.ar fiat uio.ieV to the i"ctetary of the Treasury! Wno most be presumed to be a sound flat man. aiid knows what tne mortgage on the wealin of the country weans. You ask him to give you good money lor the bits of liat money you present, ; or so uiucu of tiie wealth of th-? country a is re- j quired to make that hat paper woriu wuietninx. I What will ihe answer be? My de:tr ;tr, von d sire good dollars? These fiat doi- ) lata are good dtdlar-t. They are 1 no on iv d liars we have. Tue Governmctit has not promised you anvil-In,: else. liouwaiita shaie of lite weifth of this country upon wbtcti there flat ioliors are ba-ed. Why. t-ese Hat d .l;rs are tlie.u selves a part of tne wealth of the country. ie sities. yhi i:aveckHbesui your back vour w ife and y..t:r cuiidieu have the same; if you have no hou-e.f Vi.uroWu, y:i have lurnituie iu your rculcd ilwell "1?: you have fools 111 your work-hop. All these things area part of the wralih of tl.e country itp-m which your fiat ramiey Is ba.-ed. f course I ran not give vosi wimt iwflong to sionebtMly e:e. Now yon be,'lii to perceive mat Il.e forty or fifty thousand millions worrfi or prperty lu thl country mat be iii4iiinreul secnritv lohasehal upon, but yoti cannot foreclose the mortgage uiiit a single blade or grass. Tli at may seem queer t yon. hut Ii Is the peculiar leadty of hat money based uiwn the whole wealth of ibe couutry. '1 t;ere is nothing more ridiculous thau to hear these rial money doctors pre tend to bate made a great original di-envery aud to para-ie It i-tore 11. a.tieunt i.r:rle hwaof liwax-. WW. It l a l.T a lliooil:u yar.i.iu. Tae nad .urn nrniifT in lilua in til. uiuit renliirj of toil era. 1 her baJ It in i'rr'.la lorJ tu cl, ot the tlurieeiitb century. Tlie. haU It in the Amer ica evioule, in tb, w,titeeui h century In liai toil we got him, an' it fit him so well, and he seemed to be so kind o' contented in it. b.v! the ir In I'rsi.ce At toe e.glieeith e::ti.:y. rndT ihe iiiau.it-eini'nt l il.e -f;t ;it ; r re-..ve Si-.ttrii financier. John Law; and tnrt imi U in 1 n.hce dur'.ug the sreat r-voieiiu in tbe.u.jpeot tt-o as-si-tats. Tin-y had it iu this oui::n ajam il"ri g tne war of iuib-peudMi e i:i Uic shpeof tlie ou ti.. ciiia! nmiiey. Alwnys In all esc.itnl teul.ir-M vlnuiUy the same a paiM-r itmuey bied in ome tudeflulto way uj-on an imlefitiitc Mmethin.Iu siiio cues with the promwof reuinptlou of rr?.t money: iu ouke ca vnhou; i.: in s-a:e ce- Issjeti nuuer tl.e nr of clt-niuiMuccs: in S"me raM"i for fii.-iiicia! ruu:i.)ti. And heiieveran lnfln:itn lJp-r ni- :tey a either a part of tbe sch'Sae. or iorc-d by ne--e-ii;.. the final result was always the ame depreciation tf the pajier money; that depreriainm ieaiiin to new luei. Ihtt nw issues spitiigin fr:t more lepr. rUiiou, and so on. evcryiedy l l:'Vlt;g hiniM-U rich lor a time, until Snr.Ky" the whole a".;v fahrlc hr.ke down In geueral csmi fusion. bankrt:p'cy and ruin, when tt became apparent: thai the gracu indefinite smetning upon wnichthe paper no -uey a basnl. be It the povvrrof the En:rtor of China or tlie wealth of tl.e country, practirtiv amounted to nothing as a n.ortgare enruy, and untiormiy in tin break down the pxor people, the lalNnrg j-opie. nTere the great e-t dittcss. After the rr:it rot lapse peopie ime painl'iiiy to tic o!d ctMM-!iii'n again, that after all. the precious uieiaU were tlie onl safe i-asi n a Hiouey iytem. and tliev raliicr --t uv wl::tt ic-r coins they coiitd lay their baml o:i. mi'I nwii the ris f their looii-ui ho-es a rautlrts ad prndent way. Aud how the same oid scheme. exphiei aa.u ai;d aaiu, with a hisiory on lis bark full of ruin and distress. Is dished np to us again a a b: and new discovery, and a the gmsii proittlve idea rf the centnrr. Whv. gentlemen .f ;he Mat uio;iey p-r-aua-iou, the 4 hiucM a thousand rears o were t'Ht a wi.; a::d prosress-rrt as "i are new, aud wn-n they hd got thifcu wl'h the r gieat prog recite fiat' money exiericic. tl.ey were a fcrvat rteai xvi-. r. It is a mailer of wonJer as wnl as t-'gre; T!mt ai this day there shorld so many good people." and an utterly rondeium-d by the pain i u. and repeated exierien.e of mansiud. Ot:K DaMOCHATlO FEIF.NDs AND Tilt OHIO llKA. I tbiuk i may now take leave of fiat money and turn to our liemocratic friends who are psS'd with the Ohio Idea. If 1 nutlertand correctly the newest piuuo of the Ohio Idea, as pit forth by the Demo cratic Convention of this State and several Conven tions loot he r parrs of the country, it is a rolb.ws; The Resauiptiou Act Is to be repented. All reduc tion of the pa(r currency Is t cease. ,.renoa-k$ are to be a k-al teii4ler for duties on tmMrts, All re.sirlctlons to the unlimited coinage or sliver are to be removed. Tlie National U ink notes .ire ut be withdrawn and greenback Issued in iheirste. d. The sale of bunds for ine purchase of ciJtt for resumption purprses 1 to be stepped Tae Volume of the Creeina k curreucv Is u be deter mined upon by legislitnon or Constitutional amend ment, so as to iht-ure the siblilty of tleir Value as Hellas volume. I think 1 have Ktattd it fairly. T-ii a man thoroughly sveddeft to tho irredeemable paper luania ahotila iia.e a piatforin. I can nnoer stuud; but how a man mi;0 thinks the roninptbm of specie payments at ail oMia!.e can mU; It, I to me liM-omprelieuslbie. nat is the Riemtin of this demand for the repeal of the Iteumption act? Here suuios the iov rumen ft and av: "Kor riiufu years we have pro:uj-el u roieeia tite-e Treasury notes on demand, dollar for dollar. A doiur tu coin for a dollar in patter. Fr ixteen years that promise has iooi disiroiiored. Nw I am ah!o aud ready to fulfil it. I am able and ready to make aud keep the pea-l mer's and the laborer's dollai. the uiei-hant s aud the luanufacturor's dollar, as g sxi as the Umdii'-lder's dollar. 1 am able and rea.ly to give to the business of the counuy the sale fotrdatlou of a sound currency, uutform aud stab:e in value. In harmony with the money of tne world. All I want la to be permitted to execute tlie law. 'Ihe liovemment S;i3. l have uow Hne s4..ioo In grteuuarks v take Care of. W!;h tbecdu I have i leel strong euougb to eoiuuience to meet all that are presented for redru.pt ion. There are no S.C4.it0.ouo of National hnk notes in circulation r?aee:naule in greru'acii-i. This Y-tein aids uie powerinlly In eoiniueuciiig and mamtaiuit.g re aemptlou, tttasaiurb as it retieve me of o.reet respoushdlity for aiMHic one half ot onr paper cuireucy. wnile ail of it will nialutaln the twr rur reutvUie. V ere 1 diwiiy repouiule lor the vtbnte muaof paper money 67n.(.co, n my com resources would not be utnvie;ii to r-siuu ?iie pjy uienia. Whereupou. yon. niv lMiiirr.ttir friends, answer: We demand that the .National Ita.ik cur leucy ie wl!u4ir.wii aud greenbacks, for mhlch the iioverumcni Is tir.tiiy reaptoio;e. tie put in its place This we d-mand, net her it r-uders you miMble to resume speclo payme .t- or n u" Vhe iovernuteut nas fu:tner: "The resuioptlon of specie pa menis reuoers iiecessury a cousiuerabie reserve ol com ii the Treasury cnoes to receive j .M through the duties iuiprt. which, boneer. wasbioatiy nee I Tor tlie payment of lntere-t a National bom Is. If specie pymmrt are assureJ. th.it sourie ol colu revenue niay i.e dt.pnnea with: but onlv tneu to euaiie ns to iiriibiutat a reserve of coin, tt svas uccensarj that 1 be te-nnlttd to pnr- J chase edn with sjouu. and I was permuted to do so l.r la.. If. It. Ltitt suttiturittn fif for by law. If. by tu suttitutlou of greeubacK for KailfHial bank currency, fie amount of jap-r money for wu.ch 1 am rc.spoulbl be douh d. it wii: ts a 1 the more necessary to maintain the pay men Lt of d titles lu coin, ana to go on with the aie of bount fr coin. It we are ever to prepare ffr rrniui iu.M Whereupon you. my Iiemocratlc friends, promptly answer: VX e uentaud that oiitte (u imp rts &n ill lie paid In greeubcks and thai tne sale of t"ids for the aceamalallou of a coin reserve hll re.ie. J Hut wlteu a man WLiever ga:n de-ire to see specie payments restored lu ti-ts eMtntr, an pi iwb : plat form, what shall we thtut t uis ut.uertaidihg or ins ruusrkuif. The defeat of ienn. p;iu will not lie the onlv result. The s ep Ojieg frooi speei pav- 1 ajn uta wu'i put evn tue gd i-iiu of the Natioi qutlou. outidince will he untie shaken tnauever. W hen a poli'-y so iuane as io run aav tn m specie paymeotsciu be ad pted. every iu.aina ie nu H'jsc will heut-e.orib aplea.i' posiuie. it helped our !euiobratIr friends very little to put fonh the fantastic promise ,hat the atno:tnt of paier i--ues s,tal ie o n-gulatetl bv legislation, or by organic w. as ! to gite the pe pie Miiraure of utability in the v i I Hum of currency ami the etjuseuuent s:4iity of vai'e. ' Tne bi'ea to estab idi y t ustiui.)ool amenduiebt, to be assented io by ihree-fuurths of I the Ma.es, bow much money the c juiry 1-. to have, I and when ihe amotrit so fixed is foui:u too Liigeur loo small, that It ft e mid not be ossn.le f.. -.ti it i Until the assent of twenty-eigitt ?.ate Lt-g "latars ; lie again oO.ained fw tiio change llialxl-ais so j i. i Id Wily prei-osteicus tUat we inu-l wonder bow i Sci Kius men could ever have eutettaiued it. ( ... . . . J The other proposition, that i ongreas by iegNIJitlon ; Is to be the eruiauetit autiicrlty to regu.ate the Is to be I volume of the currency, and coi.eiueutly tne value ! Is scarcely le?s astonisulug.couiiug. as It does, from Democrats wuo pretend to b so faithtui to their tliue-hoiioreil ptluciples. Huve vou considered, mr 1 eaiocratic lricnd:. wnat aa awiul oower you tit us propose to perjNfttia.e lu tne ougie-, oi toe I tiued aie." Knl it is not tne only i:tes:ioti windier sucu a power is likely n he exeicisrsi wi-iv or not. Tue question is wh-.ber any ,oerument si.ouid b- entrusted wim so ireuieii'W-w so f jr rea hln, a tvrauical au aatnorlty. Oh. my lhrniirratSc frieuds, who pretend io be so jel o of tiie Hiwer of the g-neial ovcniu:eut. how are you ta.leu tioin tn- hi-a estate of tour am lent principles, that yoo hou!d uw be wtiiiug j mots pievail. aud there n. ore coin iu c.rntUvtoii ttitl huiuess needs, u will JoW out aud go Wtirre it flt:d- more prufi'.abie en.pl uiout. Wuen tnere Is less com iu ctrruiaiioii tiatt buiue.-s requites, it will become dear a;.d fl w in from countries where it has leas profitable -mpIoy-ineut. Tue same ra applies to a weii-rrga.aied system of bank su- ba-t-d iivn specie. !.. a abd ten: jMrrr dis;triauces.w'ialual panics or specia tive perMnJs. wi;icu. under no u.:ey yt(t.n. eau be entirely jr-veiiied. may so nr-ti:i:es i-jt-rfeie witu .hts-ll-isijuliiig ina' uinery.but uU li.e win the ru.e bfitiJ gd. 'Ine i.overnioeut bos m-lhtng to d't Wttti i:. but to see to it. ttal I lie coin sti nr ol its mints be,f (be preci tit-l ftaiiiard vi ai te. prevents and pi;i.i.-tes n-un erii'i.ui;, 1 ):e ine haukin; syte.u. and m .kes i then it ('is 1 nriettcv and tra-W. in tb-ir re- tatlonf. take care of themselves, witmrti! hsSuniMg i any ai hiiraiy e.n:nl tivr v.iume and v. lux. Tht-st 1 are ihe pnucip e-. ol a sont.l inm " .Mm. lie ! are told that contr ..rtbui, w:th nil lis coccinttai t j evils, was one o tie i:.frnai erTi ct- ol the K sump I tlouAft. it is tr;ie. teat under the iZoUii.pth n A'-t. s;ure ls7.V. the currency uas b-e:i t'0:.tie.-u: ; but it Is also true ti'.at Uiis contra tioii bas uo; bad the lea t depressing effv-ct upon U;- b;iiiess of ine 1 country, ami I cau easily pr.ve it. Kcouti-ac;b.-:t lad ! cramed lb-bus :.e-s iuteiets. could ea-'tiy h-ve ' bad a remedy. Barking was maie fre by ih..; very I Kcsuuiptiou a t. Not 10 have ued mi opiH.nuni.y I Is cuclusive proof that basinets d"CS n-d w.:i:i unori ! curreucy. bit that it b is even mre than it can - profi(Mliv e:dov. Tue extraction tt:at 11 a fau ; place Was. therefore, not the euit of a lorerd 'je 1 K.ailiu, but a natuiwi pn-e es. I ANUTIIEE lO'LKII NOTIOX j la that greenbacLs are a prt of the wealth of the J country. The greenback has leen utaue by tue in j flat.ouh.t9 the snbjcct of an Idol at rv which, upon I clothe examination, appears exceeilit.gly ludicrous. As to the services rendered by the gi ceuba' k In the war. a retnstective view of the case inclines me s.roniy to the optuiou that had otigios heeu cur-aeou--"ai.tl strong ei.oiijrh to ItiM.-c uow raiding money by taxation lusfeau of resorting to the expe deut of au irredeeitrab.e p:ijr uioi.ex. which im mensely Inrt.it-sl atl prb-e. li.a war w.-n'd ha" e..-t us froui one tiiou-Mmd to lit teen bundreil tut I Hons ies: and we shoi'iii all be li.a iieiter lor it had we nev,r seen ttie goiioua riecubac;. F r this I li ve excelleni autmu liy. That r-iniu or common sen-e Abraham Lruroiu'. In a n-csae of Jam art l7ib, 16.1. appro tug an act of longrrs toi-sue sb0. . oni in ereciibaciis,sp.ke '.hee. memorable woids. fore- shadouitig It ail: AuW- giving 1111s appnval. h errr. 1 H my Uilly V flltir. iuy .tncer rere. that tt lia . lou fount! ueo-s.ir. t aut.itm-. -v' lars.-m1! aihlttb-ual Iwie of l.'uUetl S:iie. ut wiirt. tills 'lrrul.;t.n antl th.t of th ii-r"Htl iKiiik. to .rlhr ll Ic.u:. a;rr:i.lv M r'itiMi.ul a. U lueri: pit.Tr Ih-.oii'I roai .a.o-. Thri-hy .-tui-uifiitiu th. cs. "f living. 1. ihe i:tary.f U.t-r. and th. r. : of appli.. Io tbe Injury ot thwho. I roantrr." Tuere 1. tin-n aliuie.r no rr.u tor or.hi(.iiif Ihe itreeubark with that ttl...ur.Mi. a.litiail.ti. M hati lietter tal.. a ober. e,nimoa TIM le of It. Now w'4c, atler Uie rruuin tiou of pee:e payiueut. vhi (rt.-wi: a crentiat-k dollar to in, Tr,.-ur. ami yoa get a jot.; iMUr fr U, m im itmiiM It Um. caacil aa. U, UM gtmauMk iNMiMka. Xt6y ac hae a cnarm with iul Tikslxt A MoB-roi. PeDDSTlTania trade auppheU by Jounatoa HollowaT A Co.. French Eichard a Cow, Bui- renry. They I'CltlUUle- ( togive mat general t.oVeru.m-miuep.,wer to uis- , p..i,tlcUns. bat- ,- se f every eue s puvatc rur.u .e. No liw,ciailffUS ncetls of the business may 1-, rices knows torn mm h mouey be bust... sa of ) uovernmeut paper c:,rrem-v re- t. country needs, but bnslue.s It-elf leela and through the slow and cumbersome de e. mines li with eert.it.ttv. when pr.-ie pay- . . i- , .,,.1 stroveil. will I lie vtdume of tne currency le tlmreby !! ra'trL N at ai:. th" greenb-wfc ddlar bas illsaiieare-l.ti:e-w!d m-irar bo .oii.ein Its p are tor t n. u. alio. i, and the vo:umc f the rurrencs; remains exacitv the same. It U evideui thai, while sliver ruin can bo largely and r nvenieutly used In the small Uanacttoiia o; retail iraie. as a r of tofcoii in.. nc v. it will hot b ir; be able to maintain itself aiivw'here In the elvtlued world as a stami-.d of value and an ui.;inntel legal tender in ti e great transactions of bnsine-s. 4 ongress. at its laai ses-si-'U. restored the lull legal tei.der cbaracler of toe silver dollar and oi.Ured ne coiuage of not less lhaat 2.C;o.O"j or awe tl-au 4.o ).oHtor silver dollars per month. How wll fuis work si rear pre.JItionshave leen made of relief and prosperity to follow Imme diaiely upon ihe passage f this act. and on tiieidher Laud of evil cooeuriice. So far no great effect either way ha brn vHbb. Tne nunti have steadily oh.cd their niiiJniis per month: but although the people of the !"hlted State were represented as falrlv burning with love for the dollar of the fathers, hooodv seenis now anxious P have it jingle iu his pocket, "liie btilliou value or the dollar Is at pres et! t about eighty-seven cents In gold, with a down ward tendency. How Is It possible that silver dol lars will i at' par as hmg atha nuaniity rssiwsl re mains within thst volume which run be used as token mottev In small retail transaction? How large that quoiatttv Is onlv experience ran determlue. Hut it seems Inevitable that, as soon as that quan tity Is exc-e led bv f.:e silver dollars pot !nto cir.-u-latifm. sliver dollars will lo quoted at a di.sconnt as to goid, o.-. In other woids, gold will ler a premium as to silver, aid we shall have tie u:d uncertainty, ami the gambling specuiay tlnn of tlv gold niu in Wall treM ouce more. And what will follow As more an i more silver inunv is rnt Into clrrulatton. the old universal law that the Inferior currency drives out the superior one will operate. agal:i. old Will leave the country and silver com wili remain oar only metallic enr rencr. We hall then have nachel tlie con dition In which tlie- 4 'bines have ben for a considerable time. And our Denv er lie friend In Ohio seem In a particniar Uurrv to reach that condition, for they loudly de mand that the coinage of MtTer. which is now limit ed to four ml. lions pct month, shall be relieved of all restrletlous. Hnt I esnnot permit myself to doubt that, when with Ihe actual resumption of specie payments a better onier of things and a revival ot prosporitv uuiwns upon o the American people will he disptveft to dispose of this qttesilou also with a re dtpas.iou ate and clearer Jndgiuent. i he third thing whicn I pointed out as necessary, to lay the foundation for sotind business and prosperity. Is a well regulated afd sat banking system as a depository for business funds and a machinery for business ex banscs. How surprisingly important a part of our econom ical organism banks have become. 1 need not ex plain F.veiy practlml boslnesa man a- well as every student of the subiect knows It. Ihe American petiple of this generation have In th s resp -ct gone thmuh a lielv varierv of experiences, from the wild cat Siate banks which existed before the war, to the Naiiouul banking sys;em of to-day. What qualities must a bank pos.se. so that you may can it a good one: If it e a bank or Ksue. I:s notes most bo well secured, ai.d surrounded with such guarantees of convertildiitv that they may pass throughout the land without discount and without danger of loss to anvbodv. Second, its deposits must be well secured br reserves. so aa to be reaouab.y safe. Third. Ha discounts and luaa business must be eiuductel wiih ou extort hm. m as to afford reasonable accommo dattoa to the bo.stuesscontrotioity. W ben the banks of the conutrv possess lives qualities they are a blessing to tlie business community, worth an told mil. ions, year after year Wheu the banks do pot po-sess these qua! ties, they are ihe source of infinite d.strriit and restlessness, for their business walks as If on a thin crnst of ice. In danger of breaking through every moment. COMTABINO THE OLD A7CD WgW BAXC STSTEW. Now compare the tate bank system, as It exUted before the war, with oar National banking systern as It exists now, and what do yoa find. l. nder th State bank system we have partial and general sus pensions and breakdowns of banks in lfo. 1 514, 1M9. 1' 1S14, lt7, IWS, 1? aud K7 re sulting in aggregate losses of hundreds of millions to blllbolders and depositors, and tbc most disastnms coufusiou In the business of the country. Onr Na tional banking svstem has now been In evltenc fog about ftrteeu years. It bas pas d throah a finan cial crisis, reaching further and mor ....... e..M. perhaps, than any that ever swept over this land. Aud what has beu the result! Not a single bo.iier of a National bank note has lost a cent; and the wtole loss suffered by depositors In National banks during the whole perns! of tnelr existence, includ ing these five terrlole years of collapse aud dismist, aniouuted to about sis million dtoiars, a i"s less thau thai suffered bv depositors in htaie an-1 savings bauks this year alone. These are fact Which can not ited.spured. These banks have stood success fuiiv atrial which no banking system lnthlsrvuu trv ever stood befoi Aud mw we are told that the Natiooal banking system Is unpopular, and must be abolished. 1 do nV.t hesitate to say. gentlemen, it Is not tr:te that the National bank ai nti popular, n hence comethecrvaiout their unpopularity:' 1 will tell von. ouie political agitatorv to make capital (or inemseives and against their opponents, denounce the Nailouai banks as a monopoly, oppressive to the people, aud theu a multitude of other politician, with their usual paaillantiaiiy. bend be'ore tt breeze. That is ait. Hur vou may say why not depTlve the National batiKsof this carreucv tu'us saving the Interest on their bonds, aud then still keep them under the s:rtrt government supervision which make th-m as safe" I wid tell you Why not. Ket-aue the benefit arising from their circula tion was the principal thing wnteli induced trios corporations u cotue into or organize Binler the Na tional system, an 1 to submit to the rtgonws govern ment sujtervisiou. which is by no weus plvaaut to them, tvptive theiu of that benefit, and miu-t if pot allot tiie.' National banks now lu exl-tei.ee will wlthiiraw from the National aVstem and become State banks again. on cannot eat your cake and keep it tM. Hut there are still o;h -r rea-ous way tne wilhdiawalof the National bat.k ct.r ency arid th svstliuti..n thetefor of greeubacus appears to i highly detrimental to the public interest. I wiil not go Into a discussion of the question w hether a new i-sue of greeubacks. a government paper money. In t.tuesof eacc, winild e constitutional or uot. I am stnmglv of the opiti o i that they would not be coii-t i nit i. u l. but leaving that aiue. even I If the Ivnstltution did not stand In the way. the following points are or decisive Importance. The ubstlimha of greenbaeks for National Pauk notes, as 1 have already sitown, would make the resumption of sprrie payments Im possible, not only at present but for an indefiuipv time. It wonld launch us out again upon a sea of Irredeemable paper money without rndder or com pass. A CFREKNCT ELASTIC IX TOLCHE. Our N ationat Bant currency possesses a quality very luiortatit to the business of the country, which the iovernitieut paper curreucy does not pos.sess. it is the quality of elasticity. Have you not all been demanding a currency elastic ia volume? Well, the bank curreucy Is. Tne t.nvrnuient paper currency Is nt. The volume of batik carreucv. nnder a well-regulated svtetn. Is determined by the re quirements of the business of the country. W hen more Is needed it will become profitable' to Issue more, and It wl l be Issued. When less is needed, the excess 0ws back to the bank, and witudiaw -.. 1: Is a seif-auj noting prores.. The bv politicians. And of all hu man agencies to de termine tue volume of currency nee led bv busitif-s, business itself 1 trie most re.iabte aud best, and a set of politicians is the nasafesr and worst. i'e i. oernmeut tsasad banker. b-it If well administered it may a good bank contr. iler. as it pnvel in tbi ins, nice, in a very important repe.-t th-u. N.iinu.ai nank currency. bei:i eU..lly fafe a to tjiuc. is vasiiv nra:ir to gieen:iack . and every ii. Mikin hu-mes man kitws mat It Is so. :at oiner oi'OSi tioun are th-re to the National bat.ksj1 I hat. as litiocraTs sav. th- National bank e;;r:cii' ie::ig I .-e l ui0'i !'ni;cl Mat bond, ihe n:ainten:ince ol tl at rirca'.at inn will lend to ter;et uate tue Nai n.il lebt. Wei', tlo-dr'n nutstatolin? r noni 1. svO.oiHi.n o. woul-lresp, ct fully as our Iien.xcr.it 1c ineuds whetl;er tl ey are in inch a ii'trrv to put b-ir bands iu tiietr pK-kyts to pay off those 91. io,G,i,'oo tins year or neir . Will it not. evcu u tiler favorable vimimtairces, take at least tw:.Mitv-.ie or thiity yar tu accom pli, d that work ? Hut" while we hate the Na'i.'til let r, will It not Tie well m put it to the ber u -e wecjn? Wlien. at lat, afW twuiv-five or tiit:v veais. we have pi;d it rf. until "we fill- dowa "to the last 4ue.ws.yd. wid it not then l in:eennh to discuss wh-Mtier it may be tesl to pay off that little anionnr. or to keep it as a basis for o.thk circulation? s.,,p,M me it-tKru tin lt;;e until per.ojl. Let me u'jt t.iat it 1 nscles to iNirrow trin'.:e until that pcrid; lei me sust that It is n?e.e i l i nw trmbie sltf.'it t to e laid a qn-rter f a century betice. 111. -ee.1. this .'.t(-e:ion shws the extreme p-ver:y rf arum -t.l to wiiich tLe oppnenl of ihe National 1 h.i", system ar. reduced. T:.eir 1 t oint is thai Nitb'lia! baiiKs are a ihojoooIi and the eiu!ottiiient j of the nn yed power. N"r. 1 .i firmly oi- : m1 to porentlve in.nopi:.T a anyUciy. on; t a:n ! emat:y ojn.'-e-i to. auU I (eri a sort if lieririy ron- teuipt UT that lllffc 01 w-ii,jnrf. mhii- the vliiiie of lufnopoly. or of oi.orevsiKe i:ion.-r power. : f.imt er-rvthiir. wUlrli It is thouwt eifMiieut to e.tiite ti, prejuiltr. u:i.i htrt-J of uuooh 1st t rated peple .f small iiiu.n.- If itat -rt of nemai;o2ery he exreiiMTely ami ITeeiively lutiulfil l;i, we ni;.v, a a Nation, have to pay tiearly l.r ir. Caii tlie National hank be ral.nl a iionop'lv? Monopolies are exrlnive. ai ! Natioaal hanks ar. free to any p.rsfu iu li.e laaft w)h liai uit.ui-y lit In ve&r. 'lnre Im, tbti. a motit(tr f wtalrli evrly liwiy C.-11: ImiMiir 11 i-art ab'l a Iwnerteiary. Theie are at present 2"vrii shan lMji.'rs lu the l'uii-.l stales. t.ire thau hair of them hohl ithates of one thfilsaihl anil le-.. They ,ie pmuiuetity peple tpf lliiiueii meaas who have UiU4 lnveleU Iheir Utile surplus, au.l any five of you. if you have the necessary :ipllal utay. utnirr Ihe lau'. titaltize a National bahlc. Ami tli's s.s:eni I ralte'l utoimfiulv. U hv. ine rharj:. I t aist!nl (or a'Kiiuent. Ami there is Ihe tppre..ive money p.er 111 the-v. hanks. What has IE hrs.ii ahte to effect . T!ies Wauks are the mos4 riti-bv reslriclcU. the most eiosly ivalrhii. the m'"t keeuiv supervtseU aa.i cu:riitieil tulliu tions in the eouutry. H th'ir n.uuey puwere'-r leen utiunt eiejoja ih ;.H;ress to remove a slnie f their rvHrruis. to sn-ure 10 them the lea-st atMiiioual priviieeeor ltltU'le'if acthm, or to 1. liev, Iheiu .1 a single ou. 4 liielr huideos ? Vou all kuow tuat it hat not. kVUal a bum; po.ar, that tu Bct aethiug ter , .!..... i:,.,.r..mifil ti-irwr i-lrpiiIT.li 9 Is llxetl Off o. m. rtz 1 i cnUill & CO., at cither of their offices in H own advaulai! ! And wha ae t Itw? ioVCt ill.e:;l Io 11-i've ikI.s 1 'uu , ... , cratic Iih-n lj pt.H-nd ! b? afr;i". . If rrnmeut luvs to the banks th-ir curiftt!;.,.'n then it sees to it that every dop.tr ..r t- a: i ,, he safe; that the sp-c Ire paid in; il.a riti.' be maintained asidiug to la-v: ta;ii ;jic ,,it regularly and hone.ti.y sepr.aud u:. , ..ue Wis tne tiovermneut rees ! it lhat no in. bv wiiich tne biil-iroMer or tin? t.cj-tt... be drra"d. i: and w.,cu the n u,t;!t tt ' make a i'ai tr:e :.aii "i,nino ai i it i: ,tl it out. II. at l ail. ai;d taere h yH.r m-'t. ' your grinding uiiey i-wer. ' x AS A T r VU'KKD loLI.Y. And now. my f e! Uiw citizen. ? In all candor and std,erness. v..-.iui . , an act of wicked folly for reasc.us ii.;,, the least prospect of auy solid aiiva:t.g . n.,', to destroy abanklnj system which. a .-wtt ia,, thecountry knows, is not or.lythet t bnt better than any other we are liklv tonal?- .,K,'.t destry It at a n-oment wh-n, with ir iho r..,,'..' lion of specie payiuenta ts easy. a(1 Cw impossible; that It wnid have to l e imnt.l tr were not in existence: destroy it while tu. i, JVj. euergii-s of the ration, aller a Un g ,., peri'i ef prr s!san-l distress, are: . ,.( s .. 4- timidly venturing forth aain: at:d wn,Mi.au4 thorough rnndeiice is . tieedei to :.i!rra J1 cirulation of the bUo-l ia the sorUI at.it . -. ' " budT; auu then just at sutrh a ummeii: :.i -u n.i' only great lu-ritutiou tliat hoa yirri,f,v- J" the eru-Hl test of a terri'.-i - erisK. A: lt .r7u quietly doe command universal conri.ir,-( " that Institution the banking ytern. tu- ,. " peuab:e finaiiciai agency of ail bM-m-., :r. 7 lb nt. Aye, to start on a revival of b:;-.bes, the e!ieral (r-kliie nn of a irood ret i J vfem to lioit-e conhdenee With i- .-v,." i Why. geutlemeti. the hie is so u:Iit)v and prepoAtenus thai everv wlio ever thought of tt mint shame at Lis wn folly wli-u 1,,. Inquires Into the full meaning and tlie ot the pP.psltMnis. t ertaiuiv no ir. m t.f sense need ie told that nnder such eiirn,,i.rVw Lstueoolr wise poncy u keep tlie .-.i t;; ;iws ' have and to let well enoiin alone. ,t,. r friends, i am corning loarue-e. irte a people are at present engaged In a pnii:;. : . r, .' Io ueterw) ine th eharac:er of the t.eir ii',r."s Legislature. The financial question has ir j ' time being well nlgli swa. lowed up all oi.M. dividing parties. I siucerely re-let to nn.i . Ikemorrat of Ohio as firmly wedded m tle fas, J'l, we coinbatted lu 17 as ltey were tiieti a-i.t thir party in other Matesdriftlng'lnto the same current. 1 sincerely regret this, I av. f..r t Zt, partisan enough to rejoice at the errors ..f ihZ sition. if lliey threaten to becom il-iru. tne tr public welfare. 1 desire both parti 's im. , , ' and patriotic as possible, so that th- i.;ui ti,u. " of one may nt encourage the faults ..( rhr,i.r And I am g:al, therefore, to see not a few lieiu:Wrt maufuUy siaud up for their old honest cipies Ma v their acis be In bariimnr wi:n t .rtr raults. ldorejoieto see the R- i-ui:!(-3i-...( State, and Indent almost all vr tin- ..in,tiv, lowing the example vhi set in . ro s!:,V . In their resolution to defend i. r;m honest mea.ey. true to their tra-iiiif-i a;j,t lr stincts of lovalty to the auanciat h n-t .4 Kepuhlic. for tbev can render to the pn..: e better service. The situation appears tt: "jjra-.- A dillgeut agitation seems 10 have pmp.i-rVft r pp?r money wan la like an epidcuiH-. i:r last blaoJng np may, after all. turn out to u the decisive paroxysm In tvpbold rrv.-r. u,. though apparently threatening death. . ii,iv forerunner of convalescence. JmiIi. with a In tel It gent, bigb-mlndeil a teop as t!i- ' n. jTt. tt can scarcely le oinerwise. ThrHii;:t wt,at-i travagace ot imagination and rea tnu-,' pans, even most of thoe premut eati.est.v . 1 the re-estauiisnroeut 01 tne spi-ci ii-i.-. ,i Anallv come te the eonclu-lon tin:, lu the ei'onomlc movemen: of nnsirru paper mouey is necessary: that papt-r n.t.ny h,4 be convertible Into the money t Ttie ..ri.l. 4 that Its volntiie and value Buat not :e the f.ot jj of political agitation. THE 5Ift.NS K ETC KN IMG PEOTLKITT cannot fail to weaken the inspiration wl;L-!i schetues of relief receive from long surerd iiw.r. The laboring man, who now Imagines liiinM-tl er; gaged In a death struggle with cajulal as a In-: is power, and Is excited bv extravagant tti-.rirs n..,r. tug entirety outside o? ihe bvitudai t's .( riu;(,i social order. will. as the o.pmM::v f. profitable employ men: returns. U-,'u feel again that ciety is n-t :..y i. bis remedy, but is ready to redress hi r-.j ances. and that in a country li our- n.re ;:, most frnitfni field and ample remedy f -r i..-nt 1.-'!-Vldual effort. M any of them begin alrealv i-j -r--ceive that tlie fluctuations of an irre.ie-11.aMe money rob the tailoring man ftrst and r.o htm and thai an bones: doilr is hi Ue; liitn l. i.Tt no dxiiht that when ttn crisis i sun e-fuiiy j.tt, tne laboring man will be the first t' n -i.i:.'Wie, that thoee w;h defeude hooe-l niorev rfn ann-t bis own errors were th- truest defe!.leiot ni :.,t. ests. Itut at present the uuty f the hur -&ia utn every patriotic moa for aa mm-t i-Xee to- put au end to senseless and ie;ru-i agitation which prevents the revival of tite cuti deuce necessary for the revival of bn.ine,s :.ni !tie return of pnsferity. There is s airelv a man tu t: country who wilt not admit tnat a; me tin.c -.ut restoration of the specie y:eui ti-t r.u.e. in qtis.lon I". whether It Is to com-tiw 4:1a t'ti -s with It public approval and a fruttiu; en.pi -uim of tb sot iol forces, or whether 1; is t , e i.rr new and ctisastroos oiv iiont, e ru n-vrr better prepared for it than we are t lav. nr National debt formally beid abroad i:a- iviirn-. ever expect to retire or nn:iey oinii a s :-i founlaiiou by a natural process: jii ai v -rii man desire to sc. the country evpo-ed to Intier i: fering from tlie. disastrous ffri;tsf i!cc;.ii:y. There are In Kuroj.e nations grun;ii u.,.i r;i:? curse of Irredeeiuaitle paer m'Uey. I Trry -ne ! them Is paiutiiily strnggti:.g todeiiver U-ii -: :U evil, t very one of them envie u ml i-r z .or.-.: pp.rtunliy. Is it possible that we. pr.ai.l t r p-.pular lliieiligetace, slitid heslltte t- u t!ic n ' i 11. story inws ns examples en.t;,;ii r nundering among wi:a tneoiies aid '.i-.if while uuler the iufiuen o of an lrrr !.-...a mottev wblrb tney couid n: set i.s Hut yon will seari-h the annals t tV w-r i iu vain fr an Instance of a natiou tut a . . t fully prrpaie-l, alter ha aout-s. u r t iri :.. i soon! mn-v system ana tneu want'-nlv r .u iw ,v irom it. VS the American peop c ' present to the world so crav au li: .n-I would evpse us to The ridi U-eand c.tni. ;.r I ... i -kind. I rea-l in ttie puhdc Journals ! :u :: speaking to citizens of Ohio and tlc- ar:.. H.at ! Kesunipiion Act mut be repeaieu i:-t - ti -- ri January , and that, if It is not, blood will he t;. prevent Its execution. 'a It be tnat titere d-' m i ::: this State ready to shd biod in Mr f-. the dreadful chance ot" exruoiiin t.i.-ir ;i---i-backs for a gold u-iU.r." If tnerr a.e l-.d-r i pri sous giving sucli counsel, aud v.cinu :i 1 demented, the dellritiin must have u- a -ti- wlien it Is linpjs-.tu;e to draw tiie irm tud subiiiue auil the rldicubus. hut w:eiu-r :t:-rr -et not. let thes.ietuu dutvottfiU uyor unite all ;.i::. :. nieu hi n earnest and active eu leav -r :.. pre u t the Amer.csn people are a. lient p j, r gioti?lr fsitnuil m ail their Nn ..u.,.! -i.-and a wise people who, altiiougli :i-t ai Jee ..rt Irom temporary gusts of exclieti.e::!. u.i '1 :!.emv-i-9b n of erroueou doctrines, yet his. a. viwt i hw the dictates of raliu jadgiucnt a:.d -'V-rfft CuAiiLuD Sense. CRAFTIX'J A SCALP. From the Troj T'.inM. Miss LuiT A. Ostiorne, of Coiim.. wniioe walp, ri'nt car ana rijlit clik wre lurn oc lu rp' bv tuat-'bintrry iu iiicb htr liuir bo im sine. bn at a X Vor nuur al lioine. A utw c.i h: her liraj (v the rultiu thrrr.ui Lils !' skin. The iiin-es rre lntia the arms ot the hospital ur; total number ot piee ue'i iu ihi. o'l.'r "-"3 is l,iA). One of the surzus cui:!"-;,;p-frmu kia prr.on 1,'JOO pieces, aud au. tjer a'' iHV). A Sf ECVLATlVt CUIXAMN. I From th, San Franriico ChroBiele. I About six moutbt ao a Chii.am in in i Hill bought 5i siiares of Bolie i.-k at ! reft, a aiiare. ami when lt rea- uca . s-, ! o-a', u:iinic the et.tire ta :!ai ;n j Ncvaila at i: a sliare. Wnen tins ian.r: ' Ux;ni;iii; the other da be soiJ his -r.-cs j street tor Sl'J" a .hare. The lar:;r aun.ii! realized wa iinmediateiy eotiver'iil t Lniicl Siuii-, bouds. and that -Moiu' ?..-rr n tc- ttuJ 1: :c Jiaaa LuW iudeieudentiy rich. NOT AT ALL LKAMATIC. From the New York Sun. Helen Tracv, playiiitf the heroine in (iiided Asfe .'' ill t ineinnati. tried to SU' oI- .1 tr V.' ,illaiu,bu'. the pistid woui.iu't ti.'s.t. . :i;. . ., . u a B(.k.r.! Mir ClUi'-'sl iiistol. and walked up to the ra.-cal and l.liu ou the oead will, the handle. He ir"V." dead. But when She started back In horror and cai the pistol upon the K,,or- tiling wrtit oil ciose to her leet, niakuji yell wiiU Irijsiit. A SOLID CHI NK. i Co!. Ineersoi!, the profune. :rn.al;;r2 1 crernbacks, m: "1 do hot believe rau be made out of uoiliintf. ihe &rt ' in nit ju.ii:ninr, ranuot rreare liil'"c;.J;i, ! Government can Kive iu note. h';e uai, ana tne prospect 01 i- oeiu t miue, it Taiue. We hT, already u-:aiir I J r - -J r-M - ,t : A iHkiiig Aoa wnji.y Seen renwuhtf. our shores. IMir National credit is gl itey.i.a ur- I cesleuu Mtr products etpneil in an a:ut: i:, I never seen before, find a proti:aile ui itk'i. ineui 1 prices are on the goul basts, our Tr-.i:.r I Is well stocked with coiu. If not nw. ntiei -,, 1 i- :.:.r: 1 ii.,,.i:ii. yj;:trlO'.itri 4: s
Significant historical Pennsylvania newspapers