The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1869-09-16
Dead WEIGHT.


The future prosperity Of lAmerica rests
with the workingmcn. Every enterprise
which gives employment to labor
develops to resources of the
country, adds to our national wealth, to
the incomes of workiogmen, to their means
for happiness the comforts of their homes
the content ment. of those who toll, and
adds to the taxable property of the country
at large. eaa3 e4a T5a.is3
The government which best protects
those who are striving TO make the country
&eat, which cares the most for and seeks
the hardest to defend the interest of those
who toll, is the best worthy the support of
the citizen. .s..-.. I,.aga
Our government does not do this. 1t
does not protect labor. 1t has, to pay a
debt, given a mountain of United States
bonds, interest payable in gold, aud declsr
ed by illegal legiSl lation, that all money in I
vested in these bonds shall be exempt from
taxation. These bonds are the notes some
body must pay..i They are simply notes Of
hand, given by the people through and BY
Congress. Their basis is labor-the work
not Of those who hold, but the ones who are
expected 10 pay them. 8N Is t.
Several years ago John Jones sold all the
property he owned and bon glit gold This
I'D e sold at the rae of one dollar in gold
for two dollars in srecnbacks. He had
twenty thousand dollars in gold--snld it for
forty thousand dollars in. greenbacks, and
with these bought forty tGougand dollars
worth of United States bouds- T. rf
These bonds bring him in each year four
thousand dollars in greenbacks.
He has never paid one dollar of tax for
any purpose since he Withdrew his money
from his Store and farm and invested in
bonds. ..,. .......f =. .s
The money he has received as interest,
comes from the ones who do not hold bonds.
Eight years ago he had twenty thousand
dollars in gold. He received in eight years,
on his forty thousand dollars worth of
bonds, bought with his twenty thousand
dollars in gold, thirty-two thousand dollars
interest, in paper money, or, as gold now
rates, twenty thousand dollars in, gold,
exactly wha. he bad at the first. ts3
And Dow his bonds are still in his pocket
he demands, year after year. the interest.
and when the time comes, forty htonSamd
dollars IN gold ........t.--. ....-..- -r..-i
This is the bond system. No wonder
bondholders are satisfied. =, .t f..
Eight years ago Join Smith owned a
farm worth twenty thousand dollars. tie
has worked it ever since-has made from
it one thousand dollars year, besides taxes,
and his farm is. worth just: about what it
was eight years ago. lie has paid taxes by
the hundreds Of dollars. John Jones has
not been called on Tor dollar OF tax His
money Invested in bonds. is exempt. lie
has been protected by John Smith. ID ID
And nov Smith and Jones 90 West
Jones with lis bonds. in his pocket, bearing
him interest steaJily. ..s..5EL
Smith sells his property here, goes West
and buyes more lie goes there to work,
to produce, to help on the enterprises. 5lig.
Jones goes there to keep him company
and draw his interest. Joncs lives IN idle
ness--is supported by Smith. He sits on
his back ike great hump, sucking the
life blood-the money Smith earns.
Smith supports his own family and Jones
family sff'5ii - 5a' 5.@
Government stands by with legion Of
collectors, and takes what Smith earns to
FL Jones pockets ~ -'t4' ~ is',i3 Il
Now why should Smith, vHo works,
support Jones who does not? Smith is
aiding to develope tie resources Of America.
Jones is spending whan Smith earls The
Government robs Smith to support Jones.
Damn such Gdvetnrnent, and the nien
WHO tolerate and seek to pernet1ate this
robbcrv--ti,is3 fastening dead weight on
the back Of Iabott1 i6mer0y's Democrat.