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Show I 8P2CLE KESUMPTION. j Tho New York Tirnu has an edi-l torial article showing tho sensitive ! new of tho buiint-ii interests to any further contraction of tho currency j with the (eject of resuming specie : payments by the guvernmont in 1S79. jit tays tho mural obligation of the resumption act is not rated very t highly in many pArt, of the west and mtb, and there are business men in abundance who, in "theae times, dread tho tightening of a single screw,' and among mortgagors and debtors generally, who have a vat;uo notion that the appreciation of currency should bo deferred tu the day when thoy shall be frea from debt: Even in tho cast, tho people aro only ro-ttOnciletl ro-ttOnciletl to "tlio curtailmonti of the ourrency incident to the enlargement of banking facilities, and the accumulation accumu-lation of gold acquired bytiiesileof Londs ami the retoniion ot a ciutocm ! surplus. Evan here, however, the tirst aign of doparture from this plan would opsrate injuriously. Unless unforsoen obstacles pro3out themselves, them-selves, it should be comparatively easy to obtain tho requisite stock of gold, and to hold it without entailing embarrasaiiont upon any of our interests. in-terests. Lt greonbacka ba hoarded apart, we mean, from the amount obtained directly undr the act and unoasinoss will bogin, first among the bankers and then among their customers. |