Jasper Republican, Volume 1, Number 51, Rensselaer, Jasper County, 3 September 1875 — One Way of Doing It. [ARTICLE]

One Way of Doing It.

We have pressed the Cincinnati inquirer, Inter-(>ctan and other inflation sheets to explain how the Government would proceed to get more irredeemable green scrip into circulation so as. to benefit the “ poor man.” If it buys bonds with new issues, how will that help “ poor men” who have no bonds for sale? Poor men can get all the greenbacks they want now if they have anything to give in exchange for them. But the Enquirer is equal to the task. It replies: Let the Government stop taxation for a few years, repeal the whisky-tax for instance, and supply the deficiency by “more greenbacks” until they become “ cheap and abundant.” Of course this would be adding just so much to the national debt, to say nothing of knocking down the value of the whole currency to tenor twenty cents on the dollar, perhaps, when gold would be quoted at 500 or 700. The next step would be repudiation of the greenbacks as worthless, and in that way they would be “ paid.” Then the State banks Would be revived to fill the vacuum, and we should have again thirty-seven different kinds of wild-cat and blue-pup currency, and every man would carfy in his pocket a Thompton'e BankNote Reporter and Counterfeit Detector to find out how much the stuff was worth.— Chicago Tribune.