The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1869-10-07

they were not worth more than fifty
ceuts.on 9-dollar, and a considerable
time much less, What do we pro-
pose to pay them in now? We pro-
pose to pay in grcenbacks when q
greenback dollar is worte 75 cents in
coin, and in the meantime have paid
them the largest interest ever paid by
any government for a loan. If they
were taken into Court of Equity to
ascertain their claims against the
Government, they would find them
selves very nearly paid up for all they
advanced. s..
GERMANS TOOK OUR BONDS.
Why. my fellow-citizens, one of
these old Germans sent out to New
York S1,00 and with it bought $3.50
in greenbacks and put the $3.50 into
your bonds. Now, wouldn'tit be JUS
tice to hand back to the old German
the same kind of currency he bought
the bonds with? / desire that
the Government currency should
Appreciate. propose a method for les
sening the public burdens, a method
that will appreciate our currency.
These gentlemen who now circulate
this irredeemable currency know very
we'll that itlis cheaper to circulate a
i.currencY, the principal of which is
flIefeD to be paid, than it is to circulate
t a redeemable currency. They know
! the iGfifferencei between sending out,a
| five dollar bill to-day that is to run in
! definitely, and sending out'a bill re-
deemable at the pleasure of the hold
er. Hence it is, this immense moneyed
interest represented by those banks
| will never consent to return to specie
| 4l.oxr
to issue S300,000,000 of irredeemable
currency. Put into their hands green
backs for their bonds, and what then
! will they do? Why, they, as well as
the rest of us, will be interested IN re-
turning to specie payment. 5'.lts
My fellow-citizens, this is subject
Of itself that needs a great deal more
talking about than [ am now able to
bestow upon it. and ought to be can-
vassed with reference to the facts and
figures which l cannot now command.
r. 1t is, no part of my business to in
struct the people. f hold no public
! position, to enable me to become ac-
quainted with the minutia of public
affairs, but.we can all take q common
sense view of the general questions.
Let the American people look at this
perfectly feasible plan of reducing the
public debt. Fake the greenback cur
rency, and, instead of giving it to the
banks, give 1t to the country, and tax
millions of property now in their
hands. a&-A '+-.'- ts7
Now, fellow -citizens, with a great
many other things that ought to be
said, which concern the American peo-
pie now most vitality, l donot feel that
A ] have the strength to pursue them
further.
II II did not intend at the outset to
more than simply indicate to you one
or two matters which seemed to me
4 of great interest. [ do say that there
is nothing which concerns us as much
as this debt am sensible that the
!. country is running into vast corrup-
! tions. Isee it every day.. see 1t on
an immense scale. You can hardly
!. read the newspapers of the day with
out noticing the operations OF the
fWall street brokers. Our western
railroads have become footballs OF
, those corrupt plunderers who center
, around the great metropolis OF the
+ American people. These banking IN
: stitutions furnish, by means of gov
; ernment and private deposits, the cap
ital upon which nine-tenths OF this
gambling is done. E-EEE
A gentleman5toldme to-day that not
less than two; million dollars belong
ing to Cleveland banks, and conse-
: quently to Cleveland people. are IN
these gambling operations In wall
street to-day. Let us stop this thing.
, Fellow citizens, you will never live
, fostering monopolies, nor encouraging
. corruption. Those who occupy Official
; positions-the rascals who hang upon
the community for their support
+ will be the men that will make the
> profit from the corruption, and the
great working people of the country
, have to furnish tho money by taxation.
If every man will put his shoulder to
: the wheel Won have the numerical
: strength to force upon the Govern
ment a policy of economy. We have
) the strength to say that all institution
. for which we have to pay S40,00O,OOO
: annually (National Banks) is not worth
maintaining. We have the strength
; to say that the fund in Wall Street
i used for sinking railroads, and de-
, bfrauding the whole business of the
t country, shall no longercxist by our
: support. @H- [-
: While will not be unkind enough
: to say all the rascals are with the gov
erning party, still most of them are
/ there, because, "where the carcass is,
, there will the vultures be gathered to-
| gether." ".oa tE' @El
/ hope I shall live long enough to
! see the working people aroused to
| their interests, and to see them put
, their shoulders to the wheel, and over
} throw these corrupt abuses, which are
: death to the country and to the inter-
ests of the laboring man.