Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1872-10-22

the people 10 DO their exchanges, say per
SO as not to exceed the net of labor,
OF tip or l2 but at the time, has
for its soundness the extent of thopsa fold:
The al surdity OF transferring this sopereign poteer
to corporations in preference. to exercising thy the
nation. even II Congress has the power do so.--
and II has not-for Con gress shall money I'D
regulate the value thereof is the language Of the
Constitutlon-and ii has more power TO delegate
1t than the power to .sms Ike and declare peace'
is strikngy illustrated in the following extract
from the same author. page 3e4:
..Nations have for three thousand years been
omed to oppression, by an opinion that they had
not capacity TO govern themselves: a they doomed
an opinion that they unable gire tk.mselrss
paper currency, If it should he useful? In tue rst
wise; in the second that IL is a n,nner l,nt tint
fetr indirduals rich The last idea l. even lu
dicrous the cole object of ba s to tax rich
naticn To enrich poor individuals"
tthen, in the language OF the suthor of the nre.
ceding extract, ga paper currency should lie use-
ful then there be doubt tha the people are
able to .sgire Mennselres' better and cheaper ap,
per currency than any corporation or system of
corporations, that may be devised. or aggregated,
as the national banks And that pa ,e cur
rency is useful nay Indispensable, iscetabishsd in
the fact that we, now, have pc per currency ,Npf
seven hundred millions. becans the amount OF gold
and silver, nsver exceeding thre hundred rniiiiona
and now, not over two hundred millions-Sis mot
adequate {" exchange twenty four ilionr
ofproPerty Indeed the gold nd siverot the fpo,
is not adequate to the exchanges OF the world I'm
asmuch as the gold and silver of the world. divided
among i:s popu la ton, would only be cents er
ita. or head to the people OF the world u y 81
pom these plsin reasonngs aud facts, then fell
low citizens, as well upon expediency and clue
tlce to aif nay necessity of ctar.nrsf On, niop.p
that viii suhserve the purpose of aud far Trade
between man and ma city a nd country: and
not by inr to banks and railroads IN and o. per
cent While labor, as Wells has demons tra ted in
his report TO Congress, only averages 81 per cent
and acurrency-the esis'ip e gcurrercySthst Ilaoes
the measure and scales of all labor and not
IN the hands OF all Dor and property, whose labor
ard property Ia to he measured and weighed but
in the hands OF the merchants of the ciee wtn con
troll the banks and thus having the asn anu the
scales in their own hands( phr n, is lr,er
chant the ba lsncrs OF deceit in hia haaos,> -
can tS their own prices for both buying and s. ding
- repeat fellow citizens. upon aso, IN gs aud
Jdcts and the representative of the rr. al f,Ih
that money should be conired to its proper Cffire
solely of an eSshanging medium of ho,.st and fair
trade and never be a subj of snrrt,IGffon
and tnrrsm'nf, or bought and sold and d, ait in ns
commodity, have oile' ed myself rs a candidate for
Congress to uphold this great truth and sha not
only in this canvass but the end lime with m
uphold this gr.atfruM and con sta udin IN
ddate or its representa- ticn and enforcement: And
VIII add, ard in all sincerity. that am ambi
tious or run mad with the odious dsense of office.
seeking: For. fnny one else able to enforce
tins great truth will become its advocate-and there
are plenty such-l shall most wi Hin ely WELD him
the standard and content myself with, whs Il know
am best htted for, priva tc atiou
worry respectfully, your friend and fellow citi.
zen, JOHN A TaouSoN
summit Point, Jefferson county, west Va, Octo.
Der l4th, 1872.