The Indiana Plan

The bright and glowing proiniso of all the mflation schemes thus far introducid in Uongress has been signally eclipsed by the transcendant brilliancy of the proposition made by Mr. Orth, whioh ho calis in proud recognition of the State ho representa at large, the "Indiana plan." Before the inagnificent visión he presents of a two thousand million dollar cnrrency the tiinid inflationists, who count their inillions only by paltry hundreds, shrink into ïnsigniticance. Why, with the whole boundless resources of arithinetic before hun, Mr. Orth should have stopped even at two thousand inillions it is difficult to say. To a mind capablo like his of wrestling with sueh Titanio problerns of financo no sum should have been too vast. Successfully taking tho daring leap from hundreds to thousands, he should not have stayed his onward course until he had provided for carpeting the whole surfuce of the continent with gold bond notes of the United States ; and by tho time he had progressed very far into the thousands he would havo found such notes about as economicl a carpeting as he could use. It 8 not a pleasant thing to say, but tho national character of the subject makes it necessary it should be said, that Mr. Orth's reniarks about a reserve in the treasury seem utterly out of place in connection with so grand a scheiue. Even with a beggarly four hundred millions or less of government currency the treasurer has never been ablo to keep any reserve, and it is utterly impossible that he should be ableto do it with flve timos that amount in circulation ; and it ia uniust of Mr. Orth, who has evidently cast aside all reserve himself, to ask any of the treasurer. lnere is a bare possibility Ihat we have misapprehended the " Indiana plan," and that it is really intended only as a satire on the inflation schemes with which the country is nooded. Perhaps Mr. Oith is simply a gigantic joker, and this is his waggish way of showing Logan and Ferry and Field and the others, who cali tho inability to get credit to which one has no claim " financial difficulty," how absurd their plans are. If this view of the case be the correct one, Mr.Orthisa public benefactor ; but f or the benefit of his fellow members in Congress, who have no sense of humor, he would do well to explam rus