Jasper Republican, Volume 1, Number 51, Rensselaer, Jasper County, 3 September 1875 — Polities vs. Business. [ARTICLE]
Polities vs. Business.
POLITICS. BCBINXBB. [Political Editorial, Cin- [Money Article, dneindnnati Enquirer, Aug. nati Enquirer, Aug. 12 -i Wno says the currency The condition of our is redundant at the pres- money market is without ent timet Liare! Let essential change. There anyone apply to a bank is a feeling on the part for accommodation, and of bankers generally that he will be impressed rates of discount onght with the idea that it is to be higher, but the rupextremely tcarce. [ply of money it too large and the demand for il t«' too mail to juetify an advance in ratee. The demand for money today was smaller than usual, and the banks accepted about all the paper offered at 7@B per cent, and if any was rejected it was not for want of meant. In the open market there was scarcely any prime business paper olfered, while there was a good demand for it at 7@B per cent. • The general tupply of currency seems to be increasing rather than otherwise. —Farmers’ boys have often puzzled their heads over the reason why some wheat is bearded, and have as often joined in asking father to sow the beardless kind,for the others “ prick so” in harvest; but now they are being aided in the solution of the natural mystery by the grasshoppers, which, in many instances, totally ignore the bearded grain and pitch into the defenseless, smooth-head varieties. —Bristol, England, has a very decided Unitarian Mayor, who refused to comply with the custom of the Mayor’s attendance on Whitsunday at St. Mary’s, Redcliffe, on the ground that he could not join in the worship in which the Athanasian creed is used, as the condemnatory clause strikes at all who cannot accept the articles of that creed regarding the Trinity. ....The Hon. Reverdy Johnson has come out strongly in favor of hard money. He claims that Congress has no power, under existing circumstances, to issue morre irredeemable paper money and to force the people to accept ft as a legaltender. ... .Paradoxical as it may seem, the ex- ?? nslol iu t 8 avor 01 cofltractifiF—• UriOt i
