The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1874-05-16
rur TAX BLISTER MORE CURRENCY.


oFarmcrs and crangers, therefore, VINO iav
mr. currency imitation, which IS the parent o
sill reckless speculation, and without whicE
. n cannot exist, are mad and know not "ha
= thev do,-OTTAwA FREE TRADER
We would like to have Deacon Osmah snow
ne any rcsnectable number OF farmers ana
grangers that do not favor an increase OF cur
3 rcncv. No person wants imitation III 'he rue
r., sense of the term. The country Is increasing III
; populatlon, and there has been a constant
u roNTR ACTION, until the western people de-
G mand halt If you are in such a "oiiuei /
frl hurry to reach specie resumption, appiy
D Ithe tax blister and put it on where Ii VIII 40
the most good. Col. Fort suggests very
rood place-upon the incomes OF the "eaIthy
,lotbose who have over $4,000 per ah'iuih'-
4 Wcaon0 Inde1. g.. s....
II II is to get rid of the tax blister MI M
DER that We oppose a redundant or Inflated
currency In 1860 the expenses OF the nation
al government were on scale that would re.
duce the present expenses full one,hali. Then
our army of $4,000 men cost the government
s12 900, 900 a wear, now our army of 1900 men
cost $50 100000 year, or just double, in pro
norton. Then congressman were content with
49, 900 year. Now they grumblc at 5000
And so on, through the entire scale, expenses
are about double what they were then Then
il cost about $3.50 per capita of the entire
people of the United States to support the
government, aside from pensions and the
public debt now it costs nearly 50 per capt
a. Corn in Ottawa during 1859 and 1866 va,
led from 80 to Coo. per bushel; wheat from
zoe. TO o. oats from 80 to Acts, and so on,
almost exactly a repetition Of 1873 and 1874,
kept that during the latter the average is
over Yet now every farmer gettirg the
anne price for his cGIin, wheat and oats, pays
s each for every member Of his household
, supnort the government, where he paid
Q 30 before Everything has doubled III
rice except farm produce-coifee, sugar,
alt, hardware, clothing and implements.
yhy? Because, during about half the time
ince 1860 our currency has been redundant
nd deprecated to little over 80 cts. on the
ollar A dollar Of paper money would buy
mt half as much as dollar of gold or silver.
III our merchants, manufacturers, mechan-
IS, and even farm laborers, in time, can &C
themselves to the depreciation by
lising prices and wages-all except the far
yer; his price is regulated by the price in .
liverpool, and that means gold Therefore,
lr. Inder, we are in a hurry to reach resump-
on to getrd of the "tax blister" which this
epreciated currency has fastened on US. 7
A , !, ti,np "A with the NiarmprS l.
nd grangers' the Index talks of, in favor OF +,
1 increase of currency" What is "curren-
-" Something that is current" or passes :,
money. Is piece of paper that calls for u
dollar on its face, but passes for only 60 cts :,
any proper sense "currencyS' France is h
i'd to have 800, 100000 Of currency" and
nsland some $3.50, 900; but in both coun-
les two.thirds Of the currency" consists of c
old and silver, and the other third, or paper, a
at par with gold and silver. When the pa i,
er ceases TO be at par with gold and silver, D
ceases 10 he currency" and is Withdrawn, II
retired. In this country, in 1860 we were O.
opposed TO have about $350000,OO0 of gold Il
ID silver, and about S250,000000 of paper "
oney, all Of which was at par or current" o.
ur grecnbacks have driven out all of this |,
ard money except about $4,000, 900, and o,
lese the government keeps here by force, |,
nd now we are literally without currency n
Re have some 500, 100000 of deprecated pa n
cr, but i, being law of finance that "a bet
II and worse currency cannot circulate to-
ether, and that the worse will drive out the |
etter,n we have nothing left but the worse ,,
merchantable commodity that sells tor Y
bout Sc cents on the dollar. We want to J
ring this up to level with gold, so that |
his country shall again have currency" =
Or, say the same Interchangeable laws Of fl )
ancc, "lf the inferior currency by removed,
x vacuum will be created, and gold
ill flow in TO supply its place" Suppose
'e now had, like England, $G5O00o, 900 of Q
old, what difficulty would there be in float i
~ 500, 100000 Of paper on such basis, a
9th circulating freely on the same level t
living us 81 ,400,0O0OOO OF currency instead {
f the $7OOOOO,00O OF deprecated trash we 8
ow have: Yes, Nh. Ia3er, W ull means, let
5 have more currency t ~
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WoMAN's RIGHTs.-A lay of some impOr-
Z. ;,n al I -, To-