Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1872-07-30

value OF bank currency, Is at least more ikely
| to favor cunning, kuavish, calculating specu-
lation, than simple, honest, thoughtless in-
] dustry. Those who settle the carat of this
currency, are buyers upon what principle to-
be found in human nature by the grossess
crednlity, can they be possibly induced to use
this power. for the purpose of enhancing the
value OF the commodities they buy 7"
"a variation in thevaiue or carat of money.
defeats its genuine end aad usefulness Itis
the measure of all property, as the bushel is
measure OF grain. Permanency makes meas.
| ures the vehicles of justice fuctuation. of
fraud 1t fixed measure for some articles
or properly, will dispense justice and dis
courage fraud fnctuating measure for all
.srtices OF property, must dispense fraud and
discourage justice. False weights and meas
ures will corrupt morals, and corruption of
morals will overturn governments founded in
good principles. IF such is the effect of
fraudulent mode of weighing and measuring
property, by scales aud measures, capable of
being examined by the senses, and easy of de.
lection what will be the effect of measuring
prop@ty, by fraudulent mode, beyond the
reach of the eye, aud only to be detected by
patient and deep investigation? Fluctuatng
money makes all weights and measures false
BY extending and diminishing price altern-
ately, the utmost evil of false weights and
measures is produced. A few men, whose in
terest 1t is to do so, can cause the carat of
bank currency, to fuctuate without control,
account or punishment When it diminishes
the price of property (,oheat for instance)
twenty five per centum, the effect to the seller
is the same, as if the buyer had secretly added
one fourth to the capacity OF the bushel;
when it increases the price co>e extensively, the
effect to this buyer, now the seller is like cut
ting of one fourth of the same capacity.-
And the managers of this fuctua,ion. or carat
OF the measure, may thus gain twenty five per
centum, uujustly, 6y each operotion." That
is to say. by shutting down and contractiuo
the currency when the wheat crop comes into
the market, they get it at their own price
and by opening up ard erpnndiny the cur,
rency, when the wheat is theirs and sold. the
same sharp fellows can and do get from the
stupid clod hopper any price they please to
put on his verdancy, for what they have to
sell to him. This is the operation. maufestly,
m regard to the annual crops and proceeds of
the lands; but these operators. the cities, tho
Banks, and the railroads, and, other monop>
olies, are, now, not content with the annual
Proceeds: They desire, by ''coup de main, :"
to possess themselves of the lands, and to re-
duce the owners of these lands, aud all who
chan'c, the manufacturer, and the merchant
q mean the country and retail merchant) to
the condition of sert, or ''hewers of wood and
drawers of water" to the patrons of mayniii-
cent churches and Mentres, and the patrons of
the maonhey and HE orynn The contraction
OF the currency, since the war, from 900
millions to 700 milions-from forty dollars
per head of the population to first SIT so c,s.
and now to about S12 per capita, IS a secret
cantscatlon act against all the lands of the
South primarily, but secondarly, against all
the lands of the North and Vest, and of all
the day ahorers mechanics, and merchants.
who have their living out of those lands J.
AS testimony nt this fact witness the shruuken.
ifelnss. paralyzed condition of all the qn>
0"s'rirs of the land, agricultural, manufac>
turing (nnlcss sustained by bounfics at the &c.
pensc Of all other classes) and commercial
who are. now, getting all the net profits of
these industries, why the Bsnas and the rail.
roads, and other monopolies They leave to
the producers only their victuals and clothes,
the rerquisites of the negro slave whom they
have pretended to libcrate, but whom they
have only blended with their white slaves in
one common lot "f serving their avarice, and
luxury. and arrogance, and ostentation, and
ex'ravsgancn, for. simply, their yictunls and
! Y,
is, by statistics. fcemty four billions, the debt.
frauduently, trumped up against it, is seyen
bNions-near'y one. third-created, Ernulu-
|e"'y. by their contraction and expansion of
the currency-the tscenty..t tour billions of prop.
erty is only netting about ttco per cent-upon
which all the day-laborers, mechanics, and
manufacturers (unless protected by boun,ies)
and merchants, depend, and have their living:
"h,le the ded', or public securities, as they are
called, amounts to sepen billions drawing einht
per cent. Now, how long will it take these
seoen billions, owned by bond ~holders-pious
dond>hotoers-and banks, and railroads, and
other monopolies, at this difference of the per
cent, too against eight, to own the ,ohole
business and have for their humble slaves the
whole amalgamation of negro and vhjfe man
Not long. [ think. You can cypher it up. you.
who are interested in it
how are you to avoid this contamination?
Why, just simply, and only by carrying out,
and requiring from your false and bribed mem.
bers OF Congress to carry ou. the bargain
made by the whole people of the United States
10 the said Constitution, to-wit: that Con
gress shall coin money and regulate the value
tGereof!'
Let Congress coin of paper, the money the
country requires, at least forty dollars to the
head of the population-Englaud mas twenty.
five and France Mirty.fre-our extended
country requires more-and. this money of
ours based on all the property in the country,
to. wit: t,oenty. four billions ,clicA includes
all its specis-and, this country would, at
once, arise like Giant, prepared to run
GIANTS course: Now the whole country is
grasped by the throat, choked aud held down
that fep nailionaires. so made millionaires.
by robbing and plundering the masses of the
people, may sport their inane worthlessness,
In palaces, mirrors and carpets, and liveried
eeqnlpages, and champagne and mistresses and,
tread to dust and ashes the people,, who are
reduced to the condition of menials 10 pratifz