The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1867-04-03
WHEELING WEsTYA, WEDNESDAY MORNING. APRIL 1851

OonSOlSS are selUng at ninety-One.
That shows how little they think of our
bonds. They are simply deposited
there and drawn against, simple ky
tering operation. which you under
stand. Laughter.) When you want
to see what is going 10 happen abroad,
look at that neYer-failing barometer
DOWN there In the southwestern part OF
Europe, the Eastern question. All say
peace, yet five millions of breech-load.
ers, of needle guns, are being made.
When war breaks out, as likely in Lon
don or Paris as in Greece or Turkey,
back come the bonds Send home moi
s., ,000, 900. but so, 900, 600, and the dozen
International bankers will rush to the
government slaughter house to sell, and
the amount will soon be exaggerated tc
500, ,0OO, coo. -= -
Suppose they meet there, some of the
liquidating National Bank bonds, and
other frightened holders of the bonds
all rushing to sell-who is going to
buyH Shall I go on? (Cries of Yes" .,
Remember that the loan was taken ul
on margins We subscribe SO, 900 and
borrowed S, 500, and kept the mill go
ing all day, making the man of SO, ,OOC
capital talk and act like a millionaire.
The public is a sbulln on governments
only when above par-when below par
they are Sbeals.n Let governments
drop to par, and down they 60 to So
Then National Bank notes are l per
cent discount. The comes the rush on
national banks for greenbacks, and the
fgreenbacks are not. there (Sensation.
What is the result2 Does Congress
hold us 2 No-the lawyers are in pow
eT; what do they carer The add $780,
600, 600 bounty TO the debt, and advance
their own salaries to S5OOOI Is the
South to be admitted under the Military
bill No; Stevens holds the reins; con-
tiscation is the order. The estates are
to be cut up among the Germans, and
the negroes wiped out. Where, then,
are we floating? Congress sees McCul-
loch has made a mistake; and as it is an
Administration bluuder, the Radicals
intend TO pass no bill of relief They
will pinch the country this year-and
bring on financial crash In the fall
remember this is the panic year of the
never-failing screws)-Iay it on the Adj
mtnistration- policy, and when every
body Is broken, Congress will meet in
the winter and pass Randall's bill, put
tug greenbacks in the place OF the
$40, 100000 National Bank bonds.
Pass another bill paying duties on
imports in greenbacks, and then auoth-
er bill paying interest on the 81, 400, ; ,OOO,- :
600 5'20's in legal tenders. In other
words give the country one currency.
That is twenty FIVE hundred millions OF
legal tenders, inStead of six teen curren-
cies as at present. iApplause.) This
makes all happy for the Presidential
election of 1865. Delirium tremens re-
quires national whisky to recuperate
the system- The whiSkywil make all
vote for radicalism. They elect the
President and after that the deluge,
daughter and applause.) johnson and
his talk with Halpine-the Democratic
party and the South thinks that crash
will burst the Radicals. BY no means.
FThnU yvilI to haf
The next war IS to be financial. Land
and labor against banks and bondhoId-
erS, and the former owns the notes
The South had no debt. The West lit
tie. The greenback age wiped off their
mortgages, and placed the load on the
back OF the bondholders. The debt
rests uneasilY on the seashore and in
Europe, and the shadow Is onsthe wall.
Paying gold interest in greenbacks is
reputation, you say-why sol Nearly
all the States have done It, New York
taking the lead. The finality of all
the recent Congressional legislation
may be stated in two words. COnfs-
cation in the South and Republication in
the North. (Sensation.) The Chicago
papers have already sounded the tocsfn,
we are growing poorer every day. The
g, 500, 600, 600 debt only costs ,250, GOO 600,
Hence bondholders ask specie pay
ments. The people who did the fight
ing hold no bonds, and ask for legal
tenders. The rich arranged to have
their bonds free from taxation, Hence,
the rich man, with his millions of un-
taxed governments, sends his children
to the same school where the poor man
with no bonds, sends his. Hence, the
poor man is Obliged to pay for the edu-
cation of the rich mans children as
well as for his own. (Sensation.) But
enough of this. You asked me for.
~, i L., . L.
the remedy! Retrench. You have been
dancing five years, and the fiddler de-.
mands his pay. (Laughter.l When the
candle is lighted at both ends you had
better sell it short. Iaughter.) You
must stop you imports-develop your
mineral resources-fiuish the Pacific
railroad-cut down your expenses
smoke one cigar less-drink one glass
of whisky less every hour in the day,
and keep all your pockets as full as
you can of legal tenders. as they will
be the handiest thing you can have
about the house. loud applause and
great congratulations- from the bro
kers.)