RESUMPTION OF SPECIE PAYMENTS. 457 



for the worm that crawls on the ground, only stinging- when 

 trod upon; for the dandy whose only glory is to dress well 

 and act a fool generally; for the idiot who is not idiot 

 enough to be placed in some charitable institution, but too 

 much of an idiot to be of any use in the world, to himself or 

 anybody else ; but for the self-willed, self-imposed, self-im- 

 portant, blatant demagogue, whose brains would rattle in 

 the hollow of the hair of a horse's tail, and whose soul is 

 so small that a thousand of them could dance upon the point 

 of a cambric needle, we have an unutterable, inexpressible 

 contempt, that is perhaps a sin to manifest and a greater 

 sin to attempt to conceal. Such are those who indulge in 

 the above and like expressions. Absolutely ignorant of 

 the first principles of finance, or with an utter and totally 

 depraved disregard for truth and justice, they would sacri- 

 fice the interests of their country and their fellow-man 

 upon the altar of their own unholy ambition and avarice. 



"It is unconstitutional. " 



We are pleased to remark that in answering the above 

 objection, we are dealing with a more respectable class 

 than the one we have just paid our respects to. 



From the early days of the Republic to the first 

 years succeeding the close of the late war between the 

 States, it seems to have been a mooted question among some 

 of our ablest statesmen, as to whether the issue of legal 

 tender paper money was constitutional. The object of 

 the constitution is clearly stated in the preamble, which 

 says: u We, the people of the United Slates, in order to 

 form a more perfect Union, establish justice, insure domes- 

 tic tranquility, provide for the common defense, and secure 

 the blessings of liberty to ourselves and our posterity, do 

 ordain and establish this Constitution of the United States 

 of America.'* 



Section eight of the Constitution gives Congress the 

 power u to coin money and regulate the value thereof.'* 



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