Show circulating MEDIUM after makin making t greenbacks green backs the national currency at it would seem a matter of regret that the government ment did not keep them at par nut bat this they have failed to do and as a consequence sequence eon coin is driven out 0 of circulation and greenbacks green backs have become simp lyan article of of trade like any other commodity except in payment of debts debt and an articie article too I 1 lyt i which abich the government itself Is i a dealer de ler ier ats ilg s is a lamentable state of A financial tian cill clil a ar N buta but a state which being unable to ta remedy tire vire we must mast try to manage with to the best lest possible advantage we have heard many views as to the beat best method to pursue in the case but an entire repudiation of greenbacks green backs so depreciated though they be we deem not riot only in ad ai but the very worst arst plan the tb e moment any commercial paper from a value at par with the tva standard gold gola that moment it of necessity taken taked rank with allart alt all articles acles of barter greenbacks Green backs can claim BO no exemption from this thib inflexible law of trade as aa dealing ia in its paper by the government proves droves except that an act of Cn congress gress balges a creditor to receive them at their face tin tion in other words makes them a legal tender in the payment of debts now it if courts shall bhail contine confine to rule as some have that greenbacks green kneen backs no matter how much below par attile artlie athe time shall be taken in payment fort tort tori torl de debts abts at the value on their face fate even though those these debts were for gold or at gold rates rate and will overrule tiie the contracts of 0 parties to pay or receive them at their quoted new york value at the time of payment then in deed is all dr crediting editing at an end and a Q financial crash such aa as our nation has never dreamed of right at our doors but we trust that t the he very necessity of 0 the circumstances of the case will compel the courts to respect contracts made f or the same as they would contracts for any other article of trade for a commodity an article of trade is all they really are and would secretary chase seii sell hou how houles houses aes lands and other valuables valuable a oh ohi 1 time payable in currency as quoted tc pay day aay no he would have no property to sell on these terms though he might sell on cr credit edit con that be he would receive greenbacks green backs at t their market value at the time of payment and it if mr ilir chase will not otherwise sell for I 1 currency can any aby one oue elbs elss be asked or ey expected to there is another disagreeable 0 feature in with a depreciated cd currency arency aks whose e market value ia is dally daliy fluctuating i a abd bad lathat that is the difficulty and uncertainty of establishing prices this is BO so actually impossible to accomplish with justice to all parties that we haye have marveled that our tra dera ever attempted it though 0 doubtless they bad their reasons we vve will admit that they bave lave gauged their prices as safely for themselves ag as that course would permit provided they shoved off their greenbacks green backs as fast as for whenever greenbacks green backs dropped a notch they raised the prices on an their goods and disregarding all improvement in the currency they kept on prices until green backs sank lower than at the first marking went prices again and we are rather suspicious that not knowing where the depreciation would stop the prices went up in a far fr greater proportion than the greenbacks green backs went down thus cast casting irig all the loss and risk tipon upon the buyers for no trader is in simple enough to take greenbacks green backs even upon buch euch exor exorbitant bitant terms without bein being w certain that be could coald desposs of them to advantage well weli what is to be done Is ii it good policy evka evo were werft it ad iq to discard green backe backs kb no for a poor currency currency is better betler than none if it can be managed properly what plan pian ia is proposed inasmuch as gold is the circulating standard of at values in all commer artial jl nations pat rat fons and varies bui bul but bat little the world ever oyer price all goods labor stock houses bouses lands wheat flour fl and e eo 7 d on to the uhe end of ofa the chapter at their tair fair value in gold and then take greenbacks green backs in payment at their new york value at ht the time and keap kerp them passing like hot cakes lest iest they depreciate in your possession this is the only wa wal to ea es a uniformity in prices aril an ani 1 al at the baale saine time f greenbacks green backs in exchange upon the same ground that we do chaat flour or any other article of real value which is all the fiercest loyalty can LL f I 1 and in selling on credit the buyer must himself if he be intends te to pay in greenbacks green backs to be satisfied with their being received at veir t air value aa as quoted in new I 1 york at the time of phy payment ment this la Is fair fhle I 1 a and d safe for fon both parties patties in credit deal or buying on lime only oe the re receiver civer muse mus be careful of the ris risk k in keeping such a commodity on hand any great length of time J mechanics labo ialo laborers fers producers and allcon all ali con I 1 i bernod will understand at a glance that we deem deam greenbacks green backs the most uncertain in value valoe of all the commodities in ibb heff heir possession aug ana we ve govera ewd emd angly let though with pockets orar oral flowing with with currency they awake bankrupt in Ws this connic connection llon tion we suggest to ta miners visiting utah markets ion lon for supplies that they cease selling their gold dust and coin for greenbacks green backs with which to make mike purchases bes beb sep for since it is not safe to keep currency on hand band they will often be able to bay buy with aust bust or r coin from thoe those who have no immediate diate use for money and who of course are not a so 0 unwise as to sell for that which they cannot safely keep 14 it may mai be asked how the q fluctuating value of greenbacks green backs is tobe to be known let the bui bul ubi ness men on east temple tempie street arrange with the he telegraph office 1 for or daily information of their quoted baue in wall street 1 J |