The New currency bill.
--The Savannah
News, in speaking of this measure, holds the following language:
‘
The effects of the passage of the currency bill in this city has been to advance the price of all articles of provisions and necessity from twenty to thirty per cent. The Macon
Telegraph says a few in that city shut up their stores and refused to sell goods altogether.
Others tacked on thirty and a third per cent, upon prices and made no discrimination in favor of small bills.
’
We would suggest that it would be prudent to forego conclusions in regard to a measure which has, after months of labor, been consummated by the collective wisdom of Cabinet and Congress, until the bill itself is given to the public.
We are disposed to doubt that the telegraphic synopsis which we have published gives a full and fair exposition of the provisions of the bill.
If the measure is as impracticable as it is represented we must hope that the
President will withhold from it his signature, and thus prevent its becoming a law.