Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1868-07-29
THE BODYBUILDING ARTsTocRACY

sa. % g.l From Harpers Weekly
The Democratic platform, and orators,
aud papers, with the old Democratic pol.
icy of exciting the peer against the rich,
and CT: c people" against the Govern
ment, not only insist upon paying the
debt in paper, but demand what they call
one currency for the laborer and the Of
fee holder, the pensioner and the soldier,
:be producer and bondholder. This is,
of course, intended as i'gag," and it is the
very poorest kind, It Is meant to sug-
gest that there is a lazy and luxurious
class of the community, bloatcd aristoc-
racy of bondholders: whom the virtuous
and toiling Democracy" are to bring to
grief. It is worth while, therefore, to
expose this aristocracy AID privileged
class, which is fattening upon the life
blood Of the nation. Who are these ras-
eally fellows who are to be made to suffer?
Beside the three or four hundred mil
lions of the bonds held abroad, mainly in
Germany, they are the investments of saw
ings banks, OF fire, marine, aad life insur-
IA
we have before stated. the savings banks
in New York hold nearly fifty millions of
dollars; In Massachusetts twenty-five mil
lions in Rhode Island, thirteen Millions
and so in other States. The life insur
ance companies in the city of New York
invest twenty millions of dollars in these
funds the marine and fire Insurance
companies about forty-six millions of dol
lars. The various guarantee companies in
New York hold a hundred millions of
United States stock. Probably, as a
careful estimate in the EUe,.sng Post
showed, at least two-thirds OF the funds
arc owned by such companies.
Having thus discovered where the
money is, let US now inquire who are the
proprietors Of it-Who are these lazy
rogues that put money III the savings
banks, and snap their fingers at the toll
ing masses" In the State of New
York the depositors in savings banks are
nearly five hundred thousand in number,
and i'll Massachusetts more than three
hundred thousand. The Post of which
We have spoken, had before it list of the
occupations of tie principal depositors in
one of the savings banks of this State, and
we find this body of Sybarites to be COM
posed of persons who are even mo lab.
orious than delegates to Democratic
Convention. All the branches of hard
workers are represented in this army.
The largest in the number are domestic
servants; then technical laborers then
seamstresses; 4th, the clerks; 9Th,
tailors-; 9Th, walters; and 7th cartmen
This is the luxurious ari>tocracy which is
to be brough t low These are the useless
members of society, who having invested
their all in the promises of the United
States, are now to find these promises as
valuable as browa paper if the Democrats
can only persuade the people to repudiate.
Its against this pampered body, against
domestlcs and seamstresses and clerks and
walters and scartmen---it is against the
poorest and hardest working members Of
society, that the Democratic Convention
raises itsscry of reputation, When these
persons invested In the Government bonds
the Government told them they were to
be paid in gold. "pay,em in paper, !"
shout the Democratic leaders. When
they took the bonds the Government de-
'clared them free from taxation. TAX
'em roundly," cried the Democratic lead
ers. "But," plead the poor laborers, 'we
lent money to save the Government"
"Ho ~ scream the Democratic chiefs,
didn't we tell the Government four years
ago that it couldn't save itself and ought
to surrender? If you trusted it you must
pay the penalty" .-
Ii the people care SO little about it that
they permit the Democratic chiefs to OBJ
tain control Of the Government, they will
pay the penalty, and they will Deserve to
pay it.
--"Father what does printer live on"
"Why, child? because heard you say
you had no paid him for three years, and
still take his paper" "Wifc srank that