Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1867-12-06
Tho Bondhold.r.' Cur Show. it. Teeth.

Hon. Il. II. Spinner is the name and
prefix of an individual whom the people
of the United States keep on a salary TO
fill the position of U. S. Treasurer. He
is a servant of us, sovereign-employed
at so much per day to do certain work.
On some of the blood-bespattered coun.
terfeit stuff palmed upon the people by
the Radicals as money, appears the name
Of this Spinner, written in pompous,
conceited Characteristic sign manual, f.,
as it were, of the bloated bondholding
interest of the republic which he so truly
represents Spinner is of the green
backs greenback and anything verging
toward contempt for the trash, or squint
ing at reputation Of the miserable stuff
fills Spinner and the rest of the bond.
holding tribe with spasms Of virtuous
indignation, and trembling OF loyal
horror.
Just after the result of elections Of
November 9th, when Spinner had had
his LOYAL bile stirred with the tidings from
New York, Massachusetts,, New Jersey
and Maryland, the crashing Of Demo
cratic thunder all round the political
sky, he wrote letter in answer to one
written him by Hon Il. G. Spaulding,
of Buffalo, New York, in regard to the
proposition of paying the public debt ia
greenbacks. The bondholding epistle,
according to Spinner, is as follows:
WASHINGTON, November 0.
Hon. Il. G. Spaulding, Buffalo, N. Y;
My DEAR SIR: Your note of the 9th
instant has been received. If some one
who believes in hightoned swindling will
write in favor of open reputation, | will
agree to give the subject the considera-
ton of careful reading But have
not the patience to read anything advo-
eating the sneaking expedient of paying
the national debt in deprecated cur
rency. The Secretary of the Treasury
is sound on that subject, and in his forth
\ coming annual report will address an
argument to Congress and the country
that | am sure will please you, and those
who are neither knaves or fools.
The finance question is to become the
leading one in the reorganization OF
parties, and had hoped that such men
as Butler and Stevens would have re-
NAMED with the great body of their
friends. Having an abiding faith in the
honesty of the people, / believe the
question will be settled honestly, and
that honest Americans will be spared the
shame of having their nation stigmatized
as land of cheats and swindlers.
Very truly your friend,
+. L. SPINNER.
The above is cool, eSen for Spinner,
whose reputation as checklist will GER
tainly need no bolstering after his letter
has obtained general circulation. He
(Spinner) has not the patience to read
anything advocating the sneaking ex-
pedient" " (that is what Spinner terms it)
of paying the national debt in dSpre-
ciated currency p Is it possible, Spin
ner; do we hear you aright-are you in
sober, downright earnest-or is this one
of your "goaks2" Have not the patience,
eh2 Well, then, Spinner, the best thing
for you to do is TO take quGntum suf.
of greenbacks and buy quart or two of
patience; for Spinner, old boy, the peo-
pie propose to talk greenback payments
for awhile, and after that they will talk
so loud that though you were deafer than
the deafest of deaf mutes you will hear
them shout - Reputation Do you
mind that Spinner Comfort yourself
with the report of the Secretary of the
Treasury-the sweet assurances of those
who hold Goeernment bonds-whiie you
may, for the evil days (lor bondholders)
draw nigh, when, with bushels of pa
tience, you will say you have no pleasure
in them
You think, Spinner, that it is an evi.
dence of high toned swindling" to write
in favor of reputation, do your Well,
Spinner, old boy, high toned swinders
of that description will be plentiful in a
year or two--mark that Though you
and your confraterHity of money bags
may groan and howl" Oh, our bonds
our interest in gold-our exemption from
taxation-our enjoyment of the good
things of this world, wrung from tax
burdened people "-your paper evil
dences of wealth will crumble to ashes
before the fiery indignation of a too long
oppressed people
You and your high toned swindling
fraternity duped the people into war for
an imperiled Union, an endangered
Constitution-you transformed it into a
crusade for cotton and niggers-when
you wanted money you manufactured
bonds, exempting them from taxation,
with interest promised payable in gold
they were purchased with greenbacks
worth far less than they are at present
YOU and your Shylocks made a good bar
gain-too good o one the people think,
who now. offer you payment in full with |
the currency you made for them-the |
currency you doled out to soldiers in the |
field, with which you paid mechanics and |
workingmen for their hours and days of
toil-if it was and is good enough for |
them, how dare now refuse to accept il |
in settlement of your claims2 Once
twice-Spinuer & Co., will you take
greenbacks or, Spinner, will you be |
satisfied with-Rothi9gi
To this complexion must you come at
last Greenbacks, or nothing That is
the whole story, Spinner, in briefl The
American people have been bondridden
almost long enough They mean to be
free To have back again the good old |
Democratic days when gold and silver
we're in the pockets Of the people, and
there was one currency for rich and poor
alike La Crosse Democrat
Report Of the Controller Of the Treasury.
The report of the Controller of the
currency SAYS at present there is no i'm
mediate demand for the redemption of
the National Bank notes, but it won d D
be one of the healthiest evidences Of re-
turning soundness in our financial affairs
if such could be 'inaugurated. 1t legal
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