North Iowa times. [volume] (McGregor, Iowa) 1867-current, 1868-05-06
Bonds.


tratirg the current of public thought.
In recent speech, Hon. John A. Bing-
ham, member of Congress from Ohio.
exclaimed: Thank God there is no such
thing as equal taxation" Upon this a
Montpelier working man, not formerly a
member of the democratic party comments
as follows:
"Of course Bingham and his party repre-
sent the bondholder who has his horse.
his carriage, his wine parties, his plate,
his bonds.
am a working man. / have my tin
dinner pail, my tool chest and my hard
palms and tired bones at night and my
hasty breakfast in the morning, lean
purse and tax receipt at the end Of the
year.
When quarter day comes the bond
holder cuts off his coupons, and draws his
interest and thanks God there is no such
thing as equal taxation.
draw out my purse, and pay my rent.
And when the year is gone he counts up
his gain, rustles his bonds and has wine
supper. And when the year is gone, l
look at the great robbcr, the tax receipt,
60 to bed with an aching heart to dream
of democratic times, light and equal taxa.
ton.
iSoldic,-Upon what grounds do you
bondholders claim the payment of your
bonds in gold instead of greenbacks?
Bondholder-Because we were loyal to
the government and loaned it our money
to help carry on the late war.
,Soldie,-Was l not also loyal to the
government when served four years in
the army at SIG per month payable in
greenbacks, and left my wife and children
to suffer at home on account of my alb
sence, while you staid at home and specu-
lated in army clothing upon which you
cleared twenty thousand dollars by bribing
an inspector to pass shoddy on US soldiers
as good cloth?
tell you what it is Mr.. Bondholder,
this conversation has opened my eyes, and
| begin to think what the copperheads
have been saying about you bordholders'
rascality, is pretty nigh true. l served
four years in the army, and when | got
home, after the war was over, l was not ms
well off as which | entered the service,
while you loyal stay-at.homes made for.
tunes by swindling army contracts.
want to know if your bonds say that the
principal and interest shall be paid in
gold?
Bondholde,-I begin to dislike your talk,
and am thinking you may he disloyal
copperhead after all, notwithstanding you
served four years in the army. A loyal
man never asks such foolish questions. 1t
is true our bonds only call for interest in
gold, but don't you know Jay Cooke &
Co., who sold the bonds, advertised that
the prcipal as well as the interest would
be paid in gold, in order to induce us loyal
money lenders to let the government have
our money to carry on the war.
.Soldicr--Iu ut did you not say you bought
the bonds with greenbacks at the rate OF a
dollar in bonds for forty cents in gold?
Bondholder-Very true; but cant you sol.
diers and other laboring men see that it
wa, our money that carried on the war,
and are you and other laboring men going
to higgle about paying us in gold, when
you can do so very easily by paying the
taxes which will only require one-third of
what you earn to be applied to that pur-
pose. No loyal man talks that way.
Soldier-Wcll don't care a darn whe-
Their you call me loyal or not, but by Mos
es, won't pay you one-third of all | earn
by my days work, and let my wife and
children 70 ragged and hungry in order
that you bondholders may be paid in gold,
while am compelled to receive green
backs, which arc for y per cent. below par,
fnv n, e dailr lnhay