Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1873-07-24

lection +. No wonder they are willing &c
use. when necessary. millions Of their pro.
fts. hy placing them where Oakcs Amc.
did his Credit Mobilier stock. "whcre j,
would do the most good" No wonder
they cry out that their factories will per.
ish but for the bonus thus paid them year.
ly BY the people! We know tha. this is
not 'rue-that they will not perish-bu,
suppose it were so. better them than the
farmers. for we could at least save the
S630. 600. 900 year. and in three years
replace this capital used in manufactures,
and in another three or four Gears We
could pay the national debt. The most
serious burden inherent in government is
tina, Of taxation. The multiplied forms
which ID siakes i -cssnii..asIls ysrsias. se.
cordingiy as The various interests arise.
enlarge, or change; and as through these
various forms and under the sheltering
idea of raising revenue the thieves and
robbers Of the land take cover and work
out their concealed purposes Of plunder-
ing and robbing the producing classes Of
the country. it becomes in the highest de-
gree important that their interests in this
direction should be fully understood. cared
for. aud protected. Protected not By
sump,uary laws. but by permitting them
to have the full benefit OF their labor
The productions Of the farmer consist of
fool and raimcnt for mankind. without
which he cannot exist, and hence the
farmer becomes the great banker of the
nd L. "a.
rency in payment for the necessarics of
life he indorses the pledge made in his
name and gives il its circulation and value.
Ii is therefore Of the highest interest to
the farmer that our currency, created and
issued by the Government. to the redemp-
ton and payment of which the labor of
the farmer is pledged. should not be dis
criminated against by the legislation of
the country: but on the contrary should
be maintained and upheld By the Govern
ment, and received by it in payment of
our taxes at the Custom house the same as
elsewhere. Let us be careful, however.
that our motives in the matter shall not
Dc prompted by mere prejudice against
the bonIholder or any one else; but let it
be done as an act of justice aud of tribute
to the honor and pride ofthe people, so that
the world may see and know that the currcn-
cy Of our Government. in whose stamp the
sweat OF the plough holder is to be seen,
and for the redemption of which his labor
as well AS his honor is pledged. is the
equal Of any currency in the world, wheta-
or it is dug from the mines of California
anl Australia, or bears the impress Of the
seal 0: England, Of France, or of Ger.
many. No p:cudcr or granacr people.
nor with greater resources. live upon the
earth than the American farmer. Soycr-
eigns in their own right, their promises TO
pay, bearing the impress of,hcir high SOW
eighty, should no, be dishonored at home
by Legislative discrimination. which fur
nlshcs At the same time additional means
for their robbery. Let us therefore de-
niand that the honor and interest of the
Government in this respect be made to
harrnonize with the honor and interest of
the people. which alone should constitute
the rule of its action In this connection
it is but proper to call your attention to
the fact that we have now two descriptions
Of currency in the land. One issued bv
the Government. and being legal tender.
is therefore money. The other issued by
the national banks. and not legal tender.
is consequently an inferior currency
This national bank currency being rrrdi
Gated upon a deposit Of S400. 200, 900 of
United States six per cent. bonds. we
therefore are paying the enormous sum OF
$4,000. 900 in gold each year for the
high honor Of having this Inferior bank
currency of the bankers Of the country
instead Of having our own currency in its
place.
Why is it that We should continue
this any longer, when by simply replacing
the bank currency with our own, thus re-
dceming our bonds on which it was issued
We would not only have better currcn-
cy, IN whose value We were more interest
ed, but We would save the enormous sum
of S2i. coo. 900 year in gold as the price
We now pay for it. Why is i, that we are
SO anxious. BY establishment Of . syndi-
cate in Europe. to replace our six per CT.
bonds with the new Ave per cent. bonds.
whereby we would save the per cent.
interest. when BY law so full of Justice
and of righ, and of honor we could not
only save q per ct. on so large an amount
OF our interest bearing indebtedness, aud
could thus give ourselves better curreu-
cy. but at the same time strike from cx-
lstcnce one of the great monopolics of the
country, which draws its millions from the
people on account of its special privileges!
No wonder the farmer finds himself una
be to bear the burden Of the State and
national Governments. No wonder they
are this day. all over the country, pro,.s-
ting against this continued robbery. No
wonder that, weighed down oy such loads,
they are crying out in such manner as
to s,artle those who draw these immense
Sums from their pockets-and who in re
turn are trying to frighten the people oi
the West by their threats tha, they will lend
US no more money. After drawing year
after year every surplus penny from the
pockets of the farmer. without valuable
consideration in return. they now send rs
the insulting message through PhiIadel.
phis paper. ,ha, they will no, even lend
our own money back to US. taking mort.
cages on our farms for its payment. un.
less VIC eontinue quietly to submit 10 the
slavery in which we now fnd ourselves.
Thank God is is not too late to remedy all
this. Let them keep their in. gotten gains,
and all we ask In the future is that We be