Spirit of Jefferson. [volume] (Charles Town, Va. [W. Va.]) 1844-1948, 1873-06-10

aware OF it - J. then pointed out to him the
truth that, If the merchant, who sold him his
hat, boots and shoes and clothing. and the
man who furnished his lodging and food. had
to pay 10 per 'cest.for money, of course. thew.
charged it to him, or they would break. He,
at once, saw into the transaction, and reeog>
nized the truth. This, however, applied opIv
to the 1st gear; aud when his expenditures,
to>wit: 1920, exceeded his nett gains. of $500
The meet gear (for he was single man and
without family. or ;ncumbrancc) while his ex.
penditnre would be the same S420 he would
have S6UU at l0 per cent, so, that while he
paid Sf2 on expenditures, he would receive
$50 on money loaned: Of course he was.
now, gamer thus far, by SIS 10 paying, on
one hand, 10 per cent. on SI20, and reciev-
ing the same rate on 5000: And, so he
would proceed every year. as the amount
would be increased, each year, by $500 added
to previous year. to be-a very much benefited
man by this double use of mnney-to-wit: to
exchange his labor for the S420 of necessaries.
and, then again to sell the S60O-and year by
year, the larger sum as it increased from wear
to year-as @1crchnu3icc. All this is yery
clear: This one man in the hundred was a
very much 6enefne4 man and. no doubt,
like Vanderbilt, aud Stuart, and Astor. and
others OF the same sort, would elorify the
Goddess of usury the double Jistcd Goddess
and. think the whole result honest, righteous
aud fair For such is the blind selishness
OF human nature; and, -ccer will be unless
curbed by law
But, now, let us turn our attention to the
other 9,tnety-mihe men of this Hundred. and
see how they fare: They don't receive S72O
per arinum, but s500-they have families
like the mantle ome--who received S72O-
they, too, each. must pay 10 per cent. to err
change their labor for their expenditures or
the necessaries Of liic-and this expenditure
Tor exchanges, at 10 per cent, is E;5O-and,
being so, at the end Of the year they are eycn:
bnt have not laid by one 907lur aud are serfs
Of the railroad for their victuals and clothes.
and just as completely as if they had been
African slaves! And yet, mark you this
money, through which the exchanges were
done, was ''puJlic credH;" and these ninety
nine men constituted minety>nine columns of
that T7nI11c creC2H-crcated especially bv all
for exchanges-and, this one man. in the
hundred, was only one co7mmn of that public
credit; and, yet. (when that pubHc credit is
transferred to monoroies who charge 10 ner
cent for the exchanges. instead of being issned
by the agent of ALL the government of the
United Statcs-and as the Constitution directs
and provides, to>wit: Congress shall coin
money Cor stamp, if of paper) aud regulate
viz Eu'uc tHeFe"t anu. Wnich government
could-acting for all-afford an exchanging
medium for per centl-the result is that
one man, in one hundred. after email
fashion, makes fortune aud ninctv-nfne con.
tiuno poor ard bcggars
Nav. change this order Of issuing the 7,ub
II" credit or m0ncy-fnr they are the same
thing-do it as the Constitution directs bv
the government of the U. Sand the result
will he that, the 80 men, doing their ex>
changes for 2 pcr cent or $40 instead of
S50-wil each have $40 piece. as benin,
ming of capital; and which, increasing from
year to yenr, will enable them, from their in.
tH.igence and industry, 10 accumulate, step
by step, and in proportion. with the one in
the hundred who. only had the advantage of
them, by giv''.g him tIco asses of 7,uLTc credit
or money. while they only had onc-and could
have but one-and that one the Iegitiante use.
to-wit: of cachongcs, while the additional
use the one man had of the 7ouLlic credit. to>
wit: the use of it as merchandise. was false
ond Wc3H'm0te "se; never cOntcm plated
and one which, while It added to his wealth.
IN TACT took it from them. and unj,sfY inn
pnVerlshed and plundercd Mcnl.. They had
agreed to it only as an exchanging medium
Now. conhne it-money-to exchanges soleiv
and all-rich and poor-are on terms of
equality-and, Intelligence and industry will
be the rule of accumulation; hut make money.
also, a subject of mcrchdndiSe-give TO the
rich t'0o asses of it, while tho poor can have
only onc-and :ho poor will become poorer.
and the rich richer to the end of time-aud
tho poor never will ''cease from the earth ~
and want, and poverty, and crime, and ignor-
aDce will continue to the "last SYLLABLE of re-
corded time - and, the cause of it will be
usury-false usury-unjust usury-vile usurv
and nothing bat usury-the DESTROYER Of
nations, from the Jews downward, even to the
day in which we live; and when it rcigns and
riots. OBsrRyER
Summit Point, May II. 1873.
The Governor Of Illinois has signed the
new railroad bill, and it now becomes a law.
Tho new law decides that the roads shall
charge only fair aud reasonable compensa-
ton. More than this they are subject to fines
varying from five Thousand dollars for first
ottense to twenty thousand for third. a
party aggrievcd can also recover damages in
three times the amount of loss sustained,
with costs and attorneys fees. The law de-
tl0es what unjust discrimination is It is
'chargine, collecting, or receiving for tho
transportation of any passenger or freight of
any description for any distance within the
State, greater amount of toll than is at the
same time charged, collected, or received for
the transportation, in the same direction, Of
any passenger or like quaptity of freight of
the same class over greater distance of the
same railway"
LIQUOR CENSUS OF New YoRK.-The
police of New York have been taking CEN
sus of all tho saloons, groceries and other
places where liquor is sold in that city. The
census shows that there are S,4O3 places
where liquor is sold in the city, which is at
the rate of one LIQUOR storc To eraru loo nan