Democratic Sentinel, Volume 2, Number 12, Rensselaer, Jasper County, 3 May 1878 — The Aim of Currency Reform. [ARTICLE]

The Aim of Currency Reform.

In calling attention to the pamphlet issued by the Secretary of what calls itself by the pretentious title of “ The Honest-Money League of the Northwest, ” the Boston Advertiser says : “In concluding, the writer says the question is not what, under all circumstances, would be the best currency'fcys-

tern. We have in fact three kinds of currency, coin, greenbacks and bank notes. What shall we do with them ?is the practical issue. The Honest Money League says : * Let them alone. Stop tinkering at the currency laws, and let them be administered as they now stand.’” The money power, when it has all that it wants, is very conservative. When it has procured currency laws to be enacted to snit its interests, It becomes very sensitive to suggestions looking to a change. * The harmony of things as they are must not be disturbed, nor the downy bed it reposes on be rumpled by discontented hands. It wishes to be let alone. Hence its prevailing tone becomes: ‘ ‘Stop tinkering at the currency laws, and let them be administered as they now stand.” To fix the laws in the interests of the money power is termed “salutary legislation. ” To shape the laws in the interests of the people is stigmatized as “tinkering with the currency laws.” The industrial interests of the country have been pretty well ground to powder by administering the laws as the money power procured them to be made. And to “stop tinkering at the currency laws, and let them be administered as they now stand,” would simply be making the rich richer, and the poor poorer. A change is absolutely demanded by the public interests. Neither the threats nor insolence of the money power will stop the efforts that are making to bring about such change, and that change will consist in securing a currency system which, under all circumstances, will be the best. —Exchange.