The Conservative. (M'connelsville, Ohio) 1866-1871, 1868-06-04
Deduct government, expenditures
before the rebellion sO,OsO,Ot

Total annual new burden imposed
Oh the people since the rebellion, $7ee,qg0;Oo0
a sun IN twenty years, without in
terest, equal to more than the value
OF all the property in all tho United
States.
The people are o required In pay
at Ieaai $500, 00G, 900 every year 10 the
new ShHrCh0hifrg ciuSS created since
the rebellion. THIS vast sun tx taken
from them in cash, at the ratio Of So
Geo coo to $4,000. coo. 1t il not taken
40 m~erchanIlso or property, but IN
money thereby gripping trade b. the
abstraction daily ofso large an amount
in ready money
This II the sole cause of the poverty
and suffering OF The people and the
dizziness OF trade. Ii our National
government expenditure and the steal.
ungs ofthe NltlOnlI banks, wilskcy
rings aal other thieves were reduced
10 vha; they were in 1850 saT $50, 600.
600, thus allowing the people u keep
their own use in money 81 600. 900
tc $4,000, 600 every day, or $500. coo,
900 u year, what sort o. times should
We have? Docs any ope doubt that
with the abolition OF this High Art
Swlndling torn OF slavery, plenty aud
Happiness and prosperous business
would extend throughout she land in.
simultaneously
Begin with the National banks.-
Replace National bank notes and three
per cent certificates by g~rrenbaukS.-
This change would savo ut once s26,
300, 600 every year, tnat IS 10 say the
people would keep this sum OF money
Instead OF giving it 10 the banks
This amount Of s2G 500, 900 per annnm,
AT z pcr cent. compound interest Gotld
aggregate 1892, 900, 900 in seventy
years, and would pay tho whole Ma
Lioual debt in 65 years.
Prohibit the Secretary Of the Treas.
airy from deposit NJ any OF the pablic
money in National blnks. The average
amount Of public money deposited in
the National banks without inler.si IA
~ least $4,000 coo If this money
had beeu used TO buy 500 bonds. there
by earning every year, S24OOlOOO i'm
goid, then IL Would save TO the peoa,is
!" a." "-V' -'"'VOU hOOIlSO The
present TAX on whiskey and tobacco
which Cannot be collected, and irnpose
one iouTth OF the present rate, which
wuaid realize ut least $50, 600 900 more
thar ~ present collected.
Cut down the expenses Of the rov-
%crnnrcEt to at least one bali, or $500.
0OO,OOO, which could be, easily. # Con.
gress SO wIlIcd it. This wouLI lenye
Sl8O,OoO,OOO, annually besides Interest
on tho puOlis debt, for carrying on the
government, winch cost oniy $50, 600.
OO0 in 1860.
These figures arc suggestive. 1t ia
vain Tor labor c%ouvontions TO work,
excepting for the one definite object of
compelling government aud Congress
to act at once in the dlravtfJs we have
pointed out.
The first demand must DO foi no
paper currency bat grecnbncxs. which
cost only tho prlce Of paper and prin.
ting. Next the funding ofthe Nation
AL Debt into bonds, bearing three per
cont. currency interest, exchnnyeahlc
at the pleasure Of tho holder nt par
for groenhacks, and again obtainable
at par on demand for gpeenbucks.-
Tine would give the people all the
profits on their casrdncy circulation,
and all tho money whlch tho trade Of
the country might require,