| Show SPECIE PAYMENTS PAYMENTS the constant and daily decline of gold and ind the steady increase of the value of greenbacks green backs hasteen has been puzz puzzling lIni ohp people E aas as they the scarcely know kaow how how bow to acca url uri aft foo it somme borne attribute the d decline 6 to one causa cause and some another ilot ller lier it i is said baid that thai the export af pf r cotton 0 toi toj jak jias bee been n cons considerable Id erable enable au and lihas has hah I 1 bobe que iob loh much job towards paying oon for the imports and stopping the exportation of gold another cause Is said to tb bathe be tho the e extra demand fon for t gli olm securities in europe this has paid the balance of trade and made exchange more in favor of the united states spates tn fact soine anti anticipate iq pa ta the tiie possibility of gold being brought from europe to thi thir country if exchange continue continuo in favor of the united states if these anticipations eions should be bb correct there appears no reason reagon why the country should not I 1 reach specie payments those best acquainted quain ted with the condition of gold kold and arid currency 1 P ray pay a bat fhi hat at if boid kold gold jold fall 66 par be 9 ogo 0 of paper ermanea money and of coin eoin on 1 in c circulation in this event it is anticipated anticipate anti antl cipale that ali all all ail business would under the stimulus U of a redundant currency and annd pro ro baly expand into luto wild and th sul jul proportion proportions i 8 and ud there jevre would be dinger danger of speculation bg coming becoming aa as rampant as in former years tears Itis it ia admitted onia on nil all sides that the financial position which the fhe nation lyl lil holds Pro products ducts ducis 1 and the exportation of them this would preserve preserve I 1 the ba balance lanke lanoe jn favor of the country operating fugen on abarge a large scale as its we see it jn n T utahan i talt tati on a small smal I 1 ace scale seale when our oun products aarein are in de demand inand and sell for a good glod price then money la is plentiful butchen but when IV itis Is all importation and no exportation our circulation vanishes it seems that the people of the me estates are anxious for a specie ec pa payments men 8 a and would hail hall the da day of resumption with I 1 gladness they are taking the eniti initiative elthe eithe the govern ent enc stands in the bac bae baek back gro ground und and and awaits the result and fro from ali all accounts there ia is no do intention on oil its part to in gerfe re in forcing specie payments As will be seen in another article in our columns business men in different parts of the country are giving c change anceto to their customers in specie an nd d at least one bank the mechanics ban bank k of st nouis louis has decided to re redeem deem ati iti ks outstanding circulation in coin coln it is said baid that the mei merchants chanta ahal ah and ahat al manufacture manufacturers ra in the east hie aie are ready furo furn nor for xe resumption and want it immediately they hope that the business of the country which has been so long at the mercy of gold gamblers will again stand stana nirm firm lyon its feet and a degree alegree of commer commercial ciki clif pios prosperity be induced such as has noi deen known fory fony forbear for year jear eara parA |
