The farmers' vindicator., 1874-09-18

| Dy GOVerumeHG, nave grown up Ill
day, exalted the pride, and the power
and importance Of the few, absorbed
millions of the peoples money, ant
ended like the dream of Alraschar
corrupting the rulers and law maker,
of the nation, by seducing visions o.
wealth and power, only to be revealed
at last, when the country trembles from
center to circumference in righting it
self from the financial ruin brought
upon it by schemes like this.
And then again, as a corollary of the
others, we have throughout the North,
and West every village boasting its
NATIONAL BANK,
and clapping its little hands with simu-
lated prosperity. Thousands Of these
banks, issuing their millions of untax.
ed paper promises to pay, based upon
Government bonds, untaxable, have
deserted their legitimate business, bor-
rowed the money Of the honest depos-
itors, gambled in the speculatiDg rail
road stocks of the exchange marts, and
invited financial panics at the expense
of every interest.
And on the subject Of these Nation
al Banks, especially, and of the gen.
eral subject under review, listen to the
words of jackson, that Bayard of
American statesmen, uttered in his
farewell address to the people in 1887;
and without expressing Grange
opinion or adopting the views, who
can deny that these prophetic words
of the great Tennessean are not finding
their fulfillment this day?
"The planter, the farmer, the me-
chanic, all know that their success de-
pends upon their own industry and
economy, and that they must not ex-
pect to become suddenly rich by the
fruits of their toll. Yet these classes
of society form the great body of the
people Of the United States they are
the bone and sinew of the country;
men who love liberty, and desire
nothing but equal rights and equal
laws, and who, moreover, hold the
great mass Of our national wealth, al
though it is distributed in moderate
amounts among the millions of free
men who possess it. But with over
whelming numbers and wealth on
their side, they are in constant danger
of losing their fair influence in the
and with difficulty
maintain their just rights against the
incessant efforts daily made to en-
croach upon them. The mischief
springs from the power which the
interests derive from a paper
currency, which they are able to con-
troll; from the multitude of corpora
tions with exclusive privileges, which
they have succeeded in obtaining in
the different States, and which are
altogether for their benefit,
and unless you become more watchftll
in your States and check this spirit of
monopoly and thirst for exclusive priv
leges, you will in the end find that
The most important powers of govern
vent have been given or bartered
lway, and that the control over your
learest interests has passed into the
hands of these corporations"
Now, what light does the census re-
urns for 1870 throw upon this sub
ectf This: that while the farmers
md mechanical toilers constitute more
han two thirds of the males engaged
n useful or producing employments,
md supply the means of subsistence
o forty times as many as do the rail-
way and mining interests, yet these
after interests occupy a controlling
influence in the affairs Of Government
nd are the yearly recipients of care
ul consideration in the shape of mon
trous subsidies and legal protection,
Oncehtrating power and wealth in the