| Show inconvertible PAPER M MONEY 0 Eu england gland francl anil and america have 0 3 each proved it superior to L 0 ci coliado d met detal here i ilmy ny one thing more than I 1 another r for whick which 11 financial k inthe in the 11 peoples les party parts are re steered edat at an and d misrepresented esen ted their advocacy of a nonye demaVe legal tender money that is money on its As face receivable for all 11 debts the baily aaili r press oz ol the country haa nothing lut but scoffs and J benfor jeers for the idea the object I 1 being to deceive the pe people i u D le and nd do the bidding of golfi gold eutin butin but in the great ocean of journalistic dee deceit eit and claptrap there may sometimes Cs be found I 1 drifting pl a bit of bf truth confirming the wisdom of ille th so o caged c cranks and finane financial fid visionaries vision aries hera is something of that aa a few days ago got into the 3 PittA pittsburg burg dispatch in answer to a c correspondent I 1 athas been beem said that tho the french ra paid rid the penalty imposed upon them e y the franco german nia r out of their pea peasants zante 1 stockings kings it IJ is a matter of renord record that bhea the 14 legal 1 11 tender act caurs C urs force forc ej was forced thio through tare the french parliament and nd a law iras made I 1 ezak of france to issue flank bank lotesto no testo the amount I 1 of 00 7 the people invested autho loan loa n at ata a rats rate that surprised ich he entera t ire earld the reserve e intili in bank of france was ca ahw chank cfrank note circulation I 1 in july lg 1870 0 this did eit include the banks de posits the circulation was increased I 1 on the te loth ot of 17 carust AUgust cg rust to and t the he ape ie reserve 0 fell to 00 I 1 at tho alio end of october the inc increased to 00 when it was proposed in 1371 1871 to make the paper muney money m amney nev onca face h redeemable non u the most acrimonious debate ever waged over financial measures embroiled abro ib d the entire french parliament all sorts of f trouble was predicted nobody lobody could see how efe i assue ct additional t otes notes osa metallic reserve of the proportion 7 preserve fre Lre serve erve the new were wera abased ase d on could in any ir way ay assist france in a pa paying ting oue one thousand housand na millions illions of gold aj to td germany but there weri were e men in power who resolved to pursue what lia t they confessed were heroic measures they had to ralle the boasy and a I 1 measure that the ablest financiers in the horldt predicted would t paralyze 1 3 france was pushed through gb a and then ilien the notes of ofa thel the bank lank oft of ance nm instead of de precia grecia fing ting appreciated ampre C ia t 1 bod bod f was atz at a premium of cent treval tee value ue of tho the baulk bank fiotes until antil the praet cally disi disappeared p feared this page of history has p V I 1 ironi irom that thai dry to t 0 this efio if the flat fiat people beret were Smi milia liar with I 1 0 f this trans 1 L ac action vou en doubtless they not only I 1 W donld on id ext ekstract es tract comfort arora fr bm it au but t in all probability they would employ 1 iasa teas a ellb club to convert consert I 1 66 culiar views Q e the ilat fiat pecola have been familiar fam aliar with th tha eri ibets act i feie here set forth s and in 1 ts main 1 the air r e gi aing is pro in hev bv congressman j john davis an d theas and also a aoi R pears peals lathe in the sture literature of the reform party the french pushed through 1 aneasune abas the able financiers cons stu ai a eidal i and aad r dao a rhioa thou W A while the thel hel height gait of am A z menca erlein n taesu an 7 ahm la Is j reached by y issuing fifty in millions illions in iii fonds fo boyhe t h e same asae I 1 abl able e financiers I 1 0 to bmw inte feat est on n aint wea smart comici |
