The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1868-10-08
FHR DEMOCRATIC PRESS.
PUBLISHED EACH THURSDAY.
M s.
or two things > man, to beloyai,must
bs either . hondholder Or dc stigo-

n
or two things > man, to beloyai,must
:, be either 9 bondholder or ne stivo,
cate of the negro.
Iwant to talk to you little about
the bondholding question. am no
financier. I have never had much f.
nances of my own, and the little
have had Ihave not been able to maa~
4 age very well. But still 1 have few
simple notions upon the question.
know that tits said "the love of money
is the root of all evil" 1 know it Is
the strongest passion of human nature.
1 know that when God Almighty is
sued his commandments to Moses up
on the Mount he said, athou shalt
not covet thy neighbor's house; thou
shalt not covet thy neighbor's wife" ,"
he put property in advance Of the
wife. 1 know great many of my
neighbors whose houses 1 would q
laundering sight trather have than their
wives. At my age, you know, men
are more inclined to look after prop
4 .sE. +. /. . = 3 = g.,
erty than women. When the devil
tempted Christ, the last thing he of
fered him, the greatest inducement,
was the possession of the earth. It
was God that answered. ~ ''-3-='
These are the men you have to con-
tend with. Read the advertisement
that Jay Cook s. Co., put ont, and see
whether that talks as much about risk
ing to save the country as it does
about the profitable investments to be
made and how well it will pay. Sup
pose the country had gone down in
the throes of that terrible revolution,
what would any property have been
worth, of any sort? Nothing at all.
Then these men could risk their mon-
ey by Investment in bonds, because
these bonds would be redeemed if any
thing were redeemed. II the bonds
were worthless, everything else would
be worthless. They invested because
it was good operation. They talk
about your washwomen, and your la
borers, and your mechanics all going
into this work SO earnestly and put.
ting in their $50 and 500. The way
to test this matter is to find out what
is in the cocoanut by bursting the
shell. Where is the laborer in this
town that has bond? Where is the
washwoman that has bond? No;I
tell you that our bonds are held by
the moneyed men of the country, the
rich men your bankers, your opera
tors and capitalists, and they have
done well by their investment. Their
bonds are good things. So
What do you men here in Sandus-
KY pay as tax every year-how much
on a hundred dollars? Ia voice
e $3.40"l Now suppose one of your.
men lent one hundred dollars to some
body, according to the lawful interest
of the State of Ohio he gets six per
cent. That would be six dollars. Now
subtract your $3.4O from that and you
get $3.50 for your money. How much
does the fellow that owns the bonds
get? He gets ten dollars at least for
lt-not less than ten per cent. Now
why ought not you to make as much
money as he makes? What is sauce
for the goose ought to be sauce for the
sander. Laughter.] .,.....E 80
General Gieger then entered upon
| discussion of the practical workings
# the National Bank system. Sup
'ose man went to one of the banks
o get accommodation" Accommo-
lation, he said, was by passing very
harp knife down through him and
citing out his entrils. The banks gem
rally had shaving shop close at
and where they sent men to get
money on their paper, and where they
would buy the paper at about five per
ent. on which they had already paid
tx per cent. a.'''' <''''
What is the difference between q
National bank note and your note? I
ave put out my note sometimes on
emand, and 1 found it came travelling
ONE devilish quick. You pay inter
st on theirenotes. 1,.
He said you could not buy National
ank stock in Columbus for less than
lirty per cent, which showed that it
7as a proftoble investment. He scou-
ID the idea of reputation, saying
lat if the Government could not pay
le notes with which she redeemed
lie bonds she could not pay the bonds
Suppose the bonds are
sdeemed in greenbacks, every one,
len, who has any money at all viii
ave it in greenbacks, and it will be
II the interest Of every one to MAIN
in their credit. Then too, the money
hich is now locked up in the bonds
ould be brought out and expended
railroads and other enterprises
hich would benefit the country, be-
use the money holders could not af-
I'd to let it remain idle. They talk
'out money being too plenty. It
ay be so but have never found it
o plenty for me. Everybody is COM
aiming of scarcity now. What we
ant is more money. rte.. lse0'1l- a.
After thanking the audience, Cen
al Geiger concluded, amid enthusi-
tic cheering.
5lf. ------- = ------------- ..a -.--ar
Forty-two Millions q Year.
The Radicals have had entire con-