Rensselaer Union, Volume 6, Number 33, Rensselaer, Jasper County, 7 May 1874 — Let it he Recorded. [ARTICLE]

Let it he Recorded.

The veto, though demanded by them, was the hardest lick the! national banks ever got. We put i this statement on record, and if living in five or six years will see it verified : The country will demand ahd obtain an abolishment of the national bank system, and substitute in its stead the one currency, greenbacks. And it will be . done thus: Our bonded debt will i not be increased a dollar, but our present bonds will be made the pledges off that currency. The minimum amount will be fixed at five to eight hundred millions, and ; the balance will be a convertable , I - . . ■ : . ; bond currency, which will give I elasticity, to our system. And thus at last the people, as they are en- ' titled, will be able to reap the I profits of an inconvertable paper currency, by stopping the interest ' on nearly half of our bonded debt, ' and thus saving the interest, to be made a sinking fund to reduce the other part, or interest bearing debt, and appreciate finally the public credit and enhance correspondingly the value of greenbacks, till they are par with gold. That is the boat we are ready to board.—-Kent-land Gazette. ! Early Sunday morning a fire ■ broke out in the Exchange Livery ; Stable of J. A J. B. Jackson, . Noblesville, and it, together with La neighboring building, was com- : pletely destroyed. The horses and ■ vehicles belonging to Messrs. Jackson, were saved. Their lo§s i*$2,500; insurance, $1,700. About I SSOO will cover the other losses.