The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1868-04-07
! From the Congressional Globe, Feb. 81
PEECiH OF
HON. SAMUEL r. CARY,

HON. SAMUEL r. CARY,
e gj or OHIO, IN THE =.
HOUSE OF REPRESENTATIVES,.
s4s q seI y ttsslle.snl Csc, VS. s0z s1l
The Greenback Issue Discussed
The Gold Bond Robbery Plan
/ Exposed. .sg1 ISL ~ 4iggus as65
asI8e - TTT-77 ss be5ssas aA9
sgfs [coNeLuDEp.l aa S sas sss
lanEzzHAsEs--NEws ENGLAND ss.sTHz
fas WEST ~ Il ass7i ss!E
Estimating greenbacks st s370, ,000, 600
and National Bank notes at $500 600, 900
oar total volume is s670 ,000, 900. OF
this sum It may be fsirly presumed there
lie alwaysin in the Treasury orin the banks,
aud NOT, therefore, available as circula-
/ Etion, Sic, 900. 900, which leaves only
| S500, 900 900 with which. to conduct the
commerce Of forty millions Of people,
scattered over. continent. And where
| is this small amountof circulation. LitS
tie New England has more than oue-fourth
Iof It'll With about one-twelfth of the
population she has one-third Of the Ma
tional Bank monopoly. Ohio, Indiana
and Illinois with q population more than
twice as great as New England, have but
little more than one third her money cir.
|culation; and the vast empire south Of
the Potomac and Ohio, and west Of the
Mississippi, containing two-ffths Of our
entire population, has been sallowed one,
ninth interestin the gigantic bank scheme.
The city Of Boston, having about one
half the population Of Cincinnati; has ten
times her money facilities; the former
having s40.000,oO0 Of National Bank
capital, and the latter 81, ,009, 600. Even
Philadelphia, the second city in the
Union in population, wealth, commerce,
manufactures and enterprise, four times
|as large % Boston, has less than half the
interest Of the latter in the great monop
oily. Have Boston and New England
too much money? have heard Of no
such complaint. IF not; how must it be
with thirty States and territories with a
popuiatlon four times as great; with less
than enc e-third her circulation? 4ea.
A HUMANE PoLICY--LoAN THE SOUTH
MONEY.
The great State of Tennessee, ,mpoy-
|erished by war. her railroads diiapidated
her farms laid waste. without stock.
without implements Of husbandry, every
industrial interest prostrated, having be-
lore the war Slo, wy, wv OF Dank capital,
mas now Just 81 ,Uoo,oOt tennessee asssa
neeas money, ana sne cannot ge. II, even
IN NeW England, unless e an in'eIess 9!
Two of 'nree per cent. J. m0n1n' ml "l.n nrs'
c'ass nof'gsgs sscul'ya hhls la.ion
neeos 5el assl:laics e paying Tue la.el,
co. aal pi,n.,ps. ~, ,ss usIs ~. Sun ua.o
IU. 20 wlso Po,aoy nao noa ~ ie1u sno o1a.e
=. ennIssee ~ s sip,vVc,Ovs.0 eeneasas
saAi1s 'neIelos nel. -ou, Ut =. wy y. oens'
saS pou aaI IN s y no,,ld au,l = - & a. .m;a
yea,ss - s = ssla .l0. "s os;sa M gu. ~.
a. 'so 0nu ~ .nas 0i'SL' e'In IL = LILY -.
S.a.a euas Seao,a.aS Se,e s' .Sav os.Ii hall
osasss aospaSse va as .L. 2 t.I1a sna,'
d., e.pIsn { H., = ns ha,a an.salna. I .na
49, - .Saa 4 ~ - sa,aa. .ha;s sa,i;as
oas = .sa;e s1 :aas ~ "a A. .a S9 ~,
sao.; s..., aa q. .ea ".a
,as aIIaiA,oaI a - sp p h;ud ~, ~
osa a'.u :oioAer eo"A a:.a :. aae Sa sa'
.''a = y : ''1ons - 1i'o1 'nau WV 0o'o's :
sFERTAIzE THE RICH MANS FIELDS Bl
THE SWEAT OF THE POOR MANS BROW.
Mr.. Chairman, the President, in hi.
late message, well and truthfully says
sswe want stable and secure circulating
medium. Aedisordered currency is one O
the greatest political evils" is a green
back circulation necessarily unstable ant
linsecure2 It may be, and is, as secure a
a mortgage upon the entire property o
the natlon'can make 1t. treasury nc note
are nota Adiserdered currency Inc.
40. not belong TO the class aenomlnatet I,
Dy the gentiema from iihnols as WIG
cat or sstuD tan. Iney are not oanSs an <
issues, tnat mlseiapie contflvaace 10
cneating sne iaoorlng classes tnat oinge
NOUS inyen,ioh 10 Ier'ailze tne TIC,
man neids q oy the sweat o. 1he poor man
prow ireasury cer.incates are Verisa Ell "a
/ Die, lawful money, ana involve the Gov
eminent ~ the eho,ee Of failure. Inc!
Ipaia an deees' pupi'c ana p,lVase' unH
tneinferest Q, consciences oltne people cai
ior tnsir Wl.naraWai, Ina ,a Jay COOKE, Wl'l VIII
'ne ala =, MS snarp ', unsneleI' 'us s:e enn
sysaals Dus0nmaa, ,us WI. M nnI -, = u,Isui hi
- sa'iSly sne psop'e. saa. !, Nan0asl Dan ~ :
no'ss als oes,ei y ss'ei snan s,egnpsoAs