| Show z A SOUND i ii u n ft tharo 15 any one thing the e amer amel iao 6 people cc 1110 ought to by the experience of the last I 1 ton on year car it is ia that it is u no part carlof of tho the buna ot of tha government to tenor rency an and J regulate irl or 0 ot ef it is not only without ineil of tho the government but it it be yond tho the power ot of toy any haq man to tl form an unior in judgment 93 ito to whether almoro or geffs Cur carre aurrelle relle ac 11 needed fe for buit busin inces cEa this is a ai tic under tho the control of batt iral lott alws and and there tho the mtr matter thoai be leftwitch left with as as s possible mb go ot of the treasury Trea iury can oan do te araine whether the busine basin eia 34 of 0 tho the boods more boro or less ica ana aad to give my by man inn pars and the power bocon tract adi the koluma volu mool 01 tho the cu I 1 medium at will would bo be a dangerous din gerona exper insect wo biava ave seen this thi tried to ebbat ex tont test nod and all ali know LOW the tha judgment judnic nt of the iho best men has hal been at fault when tho the panic broke oat m 1873 the admi as tritha was persua doil to draw oa whit what WM mm anuel iad tbd re I 1 serve to ut out ont moro more with a view 1 to reli ieli oving Tini tho the mono tary stringency ana nd thus ihns tiding tho the country wit over the difficulty tho geo rotary actually put pot at dit but bat it had no appreciable effect who tho money directly all went into tho the pluite of ani timot blinks people were no better aff thu before some ordinarily ordin ol 01 olcar cu headed men daoa ent in wish hogton battling ia tor legislations to give eite us na daoro oro currency to cure care itlo jabo offsets effects of 0 the panic ahoy BULL r cd free ban liing aid aaa now currency is si a drub iii ia thi the market and ha has s itself by the voluntary volant tArY action of business moo on oa their judg jaag ment ns to their own the thing to is 13 to leave the lea pla to regulate the ol of the cUrr currency enci tor for first place the bistema on oll a sound basis basia and then lot the liwa laws of supply rand and demand have free conico the tha nn lionil biating baking system bastein Bi stein is capably ot of wag mado made to verve this thia purpose b bitter t than any we have hato a ver lad had bring bri de the notes 0 a par with wilh gold compel tho the bank to redeem in gold st at some central point boint either at tho the treasury oia or a riaL lonal clearing cl eiring house 1 ai j now securities in tho the vaults t aasi iry for every dol larin lr in circulation then tho abent caa cretara to ifa old erslea of gold and aid silver for the reason that there will always bo be security for tho the bils liduor no matter what becomes of the th bank II if however hO tho the notions bf 61 lie tia are to pro rail anch a system crould bo be an iu possibility for there would bo be no BO common for to the notes sa is which tho the people would have COG coffi fl i denes bank notes bolts baud based on bonI which are arc liable to t bo be repudiated with a turn torn of tho the political ro wh wheel q of would bo be sure sore to or become worthless oo on theli tho binds ands of the holder bolder |
