10
THE COURIER
to redeo.ii them in gold, although they would of course be obliged
to redeem the bank notes in gold it demandod. But it would not
le nearly so easy to draw gold from the treasury as at present. As
the revenues of the government increase and the legal tender and
other paper obligations of the government are paid off, they could
be withdrawn from the treasury and a corresponding amount of
bank circulation canceled and returned to the banks. This plan
provides for a gradual change or the basis of circulation from the
government securities to the capital and assets of tho banks as pro
vided in tho Baltimore plan when the government notes are re
deemed. It will bo seen that as the government notes are with
drawn from circulation and deposited with tho treasurer as the bank
notes are issued, there would only bo a small increase in tho amount
of money in actual circulation. In considering tho question of
currency circulation it must be remembered that tho actual money
is only a small part of the actual circulation represented by bank
credits and that an increase in money does not represent
a real increase in circulation if it lies locked up in
bank vaults. It is only when there is a demand
for it in business and it circulates freely that there can be a large
increase in tho real cipital of the people bank credits. Any issue
of fiat money or an inflated currency will only result in speculation,
an increase in credits, and when tho reaction comes and liquidation
-sets in, the result will bo a panic greater than the last in proportion
as the inflation of tho curroncy has been greater. It is reported
that tho president will recommend, in his message to congress, some
.plan for change in the
currency system; but it is
-doubtful whether he will
recommend either of the
plans suggested by the
bankers association.
,-S;
N,
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i.l?).'- 7 'IS JLV 7.
'CC 'QC"J-fc'
A PERTINENT QUERY.
Tho Hus'nand Yes, it is
true; I used to think you
an angel; but now
The Wifo-You don't?
The 1 Well
The. W-Oh, don't bo
. afraid to tell tho truth. I
know I am not an angel.
. If I were one. I wouldn't
tte keeping house for you.
What would you be doing
with an angel?
dress, you know. The sleeves are large, I know, for she told me to
be careful not to crush Vnn.
"Really, Ned, you will rival Worth one of these days !"
"Yes, and she's wearing La Prance roses. I never thought of
sending them, you know, but she happened to say, never thinking,
of course, that she hoped I wouldn't send her red ones, as her gown
needed pink ones. Lucky, wasn't it?"
"Very. Don't look a man can never see anything without look
ing directly at it but the man behind the palm is kissing her hand,
and O, what a blaze of jewels it is."
"What a joke J They think they are unobserved Ethel's only
fault is her fondness for diamond rings. It costs a fellow a lot of
money.'
"I suppose so. Now Jack says my hand is too well shaped to be
'oaded with jewels. Loverlike; isn't it?
"Very. There is your Aunt Jennie; she seems to be looking for
some one."
"For mo. 8he has been for halt an hour; she brought me to-night.
I suppose she is eleepy. I've had Buch fun watching that pair that
I've hidden from her. Thero heads are very close now "
"What a pair of idiots. Just engaged, no doubt.'
"Very like. But Jack an'l I would not make such an exhibition
for tho worlds."
"Nor Ethel and I; she would be horrified."
"Why, Aunt Jennie, is that you? I was just coming to the card
room to look for you."
"I thought you would
want to go home, my poor
child, so
"O, I was in no hurry,
Aunt Jennie; I had such
sfiiul
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You don't need to regis
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.cash contest.
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great fun watching '
"I am glad to hear it. It
shows your good sense !
Many a girl in your place
would bo wild with jealousy
after the way Jack has been
flirting all evening behind
that palm with that horrid
Ethel Marigold! If you
are quite ready now we
will go and get our wraps.'
She was ready.
IMPRESSIONS.
Beenthero When do you expect your wife home from the country?
Hardluck The first night I gjt drunk.
BEHIND THE SCENES.
The touch of a hand, the
glance of an eye,
Or a word exchanged with
a passer-by;
A glimpse of a face in a
crowded street
Ana alter wards mo is
complete:
in
It was at a little dance. She was sitting just outside tho conser
vatory door, and she started as he greeted her.
"Why Ned is it you? I didn't hear you come up. I've been hav
ing such fun watching a pronounced flirtation."
"Indeed, but 1 haven't had an opportunity yet to congratulate
you on your engagement with Jack Bittersweet."
"And yours to Miss Marigold was anrounced the other day. Is
he here to-nigh ?"
"Yes, but she won't: let me stay with her much says it has such a
premature Darby and Joan look."
"That's just what Jack says. He won't make me conspicuous by
his attentions in public He never looks at another girl, though."
"And Ethel does not flirt at although she is so beautiful."
"Yes. O. I'm having great fun ! Don't look, but there's a couple
partially screened by that palm; I can only see the back of her head
and one of her shoulders; wnat a flirtation they are having !
"How absurd; it is such bad form to flirt in public, too."
"Awrully. Do tell me what Miss Marigold is wearing to-night.
She has such exquisite taste in dress."
"I why. really, I don't know sowe kind of a a light evening
A picture painted with honest zeal
And we lose the old for the new ideal;
A chance remark or a song's refrain,
And life is never the same again.
An angered word from our lips is sped
Or a tender word is left unsaid.
And one there is who, his whole life long,
Shall cherish the brand of a burning wrong;
A line that stares up from an open page,
A cynic smile from the lips of age,
A glimpse of loving seen in a play,
And the dreams of our youth are swept away.
A friendly smile and love's embering spark
Leaps into flame and illumines the dark;
A whispered "Be brave" to our fellow-men
And they pick up the thread of hope again.
Thus never an act or a word or thought
But that with unguessed importance is fraught,
For small things build up eternity
And blazon the way for a destiny.
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