, 1868-01-31
NUMBER =.


tives, spOnges, vampires, and excisemen, with
the Unnecessary, unjust, unequal, and oppress-
i've systems Of taxation which are necessary to
il support them in their detestAbls Avocations In
Any view Of the subject the payment OF bonds iu
greenbaeks is sminently Just. -H
IL these greenbaeks are q legal-tender, they
/ are most properly the currency in which these
bonds should be paid If they are not q leRal>
tender, then the man who bought these bonds in
raIuless currency, cannot complain IL their
debts are liquidated in precisely the same cur.
reney as q ct which they paid for the bond leav.
tng the bondhoder in precisely the same fuanS
eiAl condition that be was before be bought the
Fbends.
The sayment Of the bonds in gold and silver.
would be "wholesAle Swindling" and National
robbery" by which the people would lose twice
theamount Of the original debt 10 the fiuaI paw,
ment, and twice the amount of the annually ac>
cruiug interest as well as paying the expenses of
supporting consuming army of officers, who
deTour the substance of the people, who are
themselves an incubus upon society to be dread.
ed and abolished at the earliest possible day as
the only means of restoring the lost liberties of
the people The extent of this fraud upon the
people is measured BY the difference between par
and forty per cent.
1.-THE green backs are not legal-tender then
still should the boudholders take them as pay
ment OF their interest aud bonds. If they are
not legal tender, they are wholesale swim
die" and National robbery" But they were con.
ceiVed, created and put in vogue by the bankers,
brokers and extortionists of Europe and Ameri-
ca, who connived corruptly with the men 10
power in the United States to perpetrate this
wholesale swindlinR and national robbery, TO
overthrow our simple American system of goy.
eminent and substitute the odious, rotten, Brit>
ish funded system in its stead II is but Just that
falling to permanently swindle the people, they
should be paid in their own money.
And what gratitude should these brokers and
"public robbers" these bondholders and "Na.
tional Williams" feel toward a forbearing people
that they receive anything at all 10 compensa>
ton for their crime against liberty and economy.
But these certificates of credit are fraud up
on the public economy and the labor Of the peo-
pie which supports the Government. A fraud
which the bondholders well knew and bought
the bonds because they knew they were fraud
by which they were the only gamers and the
people were the victims.
These bonds were hawked 10 the market In
every cou1try in the world and sold at merely
nominal prices. As the result of this stupendous
swiudle and vllainy we have this double spec
tacle Of robbery. The European emigraut flying
from the standing armies, aristocracies, menopS
oies and funded debts of Europe, coming to
America to pay tariffs, stamps, license and every
form of direct and indirect taxation for the sups
port OF the very system from which be had fed
and the very men who ground him to the earth
in Europe, who are now the holders of American
ooads, which they bought at forty cents on the
dollar.
The Federal soldier who received bounty aud
monthly pay, returns home to give one half Of
all he earns, 10 the various forms of taxation TO
refund to the bondholder that which be thought
be was TO receive from the Government and for
the pretended pay given to him for a few years
service in the war. He is enslaVed in perpetual
da 10 h. .ot,. ko.1
bankers and usurers, who have grown rich upon
bis blood and the poverty that follows In the
wake of destroying armies while the widow and
orphan of the soldier pay back in the increased
price Of their food, raiment, fuel and house rent
at least twenty per cent. more than the pretend>
ed pension which they seem to receive.
The masses of the poor are harassed with
taxes, ground down by these leyies upon their
labor, until they are robbed of the comforts and
aud stinted in the neceSsaries of life to support
an army o: civil officers who gather up their la
Dor and the military forces which are necessary
to enslave the country.
need not remind you that not one dollar Of
these bonds cost its face in the purchase, but
will remind you what you ought but seem not to
know, that although Congress has the power "to
borrow money upon the credit Of the United 4
States" yet it has no right to squander money,
and no act Of prohgatiou Of one Congress can
bind either its successors in Office or the people
whom they have misrepresented.
The payment of bonds in greenbacks is not
reputation 10 any other sense than the payment
Of any other debts in greenbacks. The Govern
ment of the United States either can or it cannot
liqudate its debts and redeem its credits now
issued in the form of greenbacks, bonds, certih-
Gates, &c. If it cannot redeem them, then we
have already reached reputation in its worst
form of bankruptcy, and have sounded the lowest
depths of our financial ruin all further argu.
ment upon the subject is usslessly squandered
upon a ruined country.
But If we can pay the bonds with the accruing
interest duly compounded for twenty or forty
years, we are really paying them off every eleven
and two-third years, as the original debt to draw
interest in all time to come, which | believe is
your plan of making National debt National
blessing. We have also left us the civil and mil
itary armies which still consume the substance
of the people. How much easier then will it be
for us to pay of this debt at once in greenbacks
and save this vast amount of interest and release
the people from the support Of these armies en-
gagged in robbing and depressing them?
But if we cannot pay of the bonds directly in
greenbacks, how is possible to pay the interest;
the armies that are generated by them the
banks with their multitudes of officers aud the
usury, extortion and swindling which levy their
exhaustiug contributions upon the people, aud
after this finally pay of the bonds? -
You and your friends complain that the pay
ment Of bonds in greenbaeks will overWhelm the
country in paper currency which will make it
worthless. Greenbacks are money and therefore
q legal-tender. They are also the standard and
measure of value, or they afe not. If they are
q standard of value, then bonds, property, public
and private credits, gold, silver and everything
else must conform TO it. If they are not stand
ard of value, then again, Mr.. Greeley, what apol-
oRy can you make to your readers for the ''Na-
tional villaihyr and "wbolesale swindling' in
lamp black aud rags, which you have perPetrated
upon the country, as the leader and organ Of this
circulating medium. If you should
undertake this difficult task of riding two horses
travelling in opposite directions, and fail, you
will hardly convince intelligent people BY the
use of slang phrases, that you have succeeded
unless at the same time you shall relieve them
of taxation which weighs them to the earth.
The bonds, as they now stand, will never be
paid in gold or silver, neither the principal nor
interest long. The question will be fairly laid
before the people, and time will perfect comS
plete organization OF the horny handed laborers
Of the Mississippi Valley, who will forget mere
Dartv issues and demand the payment of the