The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1875-08-30

second plank, Equality before the law
should meet the appreciation if every good
cltlzen, as also the planks that follow The
following declaration has for me much signif-
cance
Sixth. That true education and sound NOR
ais are the best promoters of temperance, and
that we favor rigid enforcement of our pres
ent temperance laws.
The first part of that declaration appears to
be the essence Of truth hence the intellectual
and moral education of our youth Should 90
hand IN hand if we do not desire to rear ma.
ton of drunkards. But do we not every day
see the Statesmen, the author the genius
In fact the brightest stars of our common
wealth, men who attained the height and bril-
liancy of modern education, sink into drunk
ards graves with moral natures rotten and de-
cayed. The demon Of intemperance is the enc
must reclaim the drunkard before Won can
make an educated man of him in the ewes of
the world, or a good christian in the ewes OF
heaven. The latter part of this plank is in
keeping with the honest boidness OF the Anti
Monopoly party and ! wish it a most speedy
opportunity to carry it out.
On the railroad question Of course you are
sound The right OF the State to legislate on
this question is SO well settled that it needs no
further comment Of mine. The character of
that legislation is the future policy of the par
ty. SO far that character is not fully developed
IN law for the influence of the great corpora
tons over Legislatures has thwarted the real
Intentions OF those desiring good legislation
or the question and will continue to do so I'M
til the power OF the roads over our legislative
elections is broken. Until that is done we
cannot hope for the passage of really good
railroad law. l take it your desires on this
question is anticipated in the following plank
OF the Reform party.
"Eighth.-The producing commercial and
industrial interests of the country should
have the best and cheapest modes of trans
portation possible. and while capital invested
such means Of transit, whether by railroad
or otherwise, should be permitted the right of
reasonable and just compensation, all abuse
on management, excessiOn rates of toll, and
all unjust determinations against local tiles.
persons or interests practiced by them should
be prohibited by law, aud the people should
be protected from the improper and arbitrary
use Of the vast powers possessed by railroad
and other transportation companies y
On the currency question the most impor-
tant OF all you have taken the proper stand
you declare with the Reformers for a sound ma
tional currency adequate to the demands of
business, and which will be brought to the
gold standard by promoting the growth and
prosperity of the nation.
This specie payment cry is a huge humbug
though both Of the great parties, now SO
nearly one IN name and action, favor it.
Those who take stock in this hard money and
specie payment clamor will find that tnev are
following mad delusion. The arguments in
favor OF "specie payments" and "hard PAM
seem very nice in theory but are really lacking
in practical demonstration. Nordhoff. and
that class o. men, wish the world to look on
them as philosophers and the press of the day,
for the most part IN the employ of the capital
lists, repeat the wise sayings of the philoso-
piers, without Of course understanding, and
call the people fools who don't believe. But
It's not the theory that is in issue. it is the
practice. Does the end justify the means?
That's the question:! The Republican, and in a
great part Democratic policy is to force specie
payments by contraction. Is that policy sound
and in the best interests of the country? That
is the question for the people to-day and let
not their eyes be blinded by the theories of
hard money and specie payments. l for one
before the 1st of January 1879, the day for q
return to the specie payments, the mass of the
people will be plunged into ruin and desolation
and wealth will be bloated to excess. The
rich will have grown richer and the poor poorer.
then God help our republican institutions.
The paper debt of the country is of two
kinds. Gold interest bearing bonds, for the
most part held by foreigners and national cur
rency and currency interest bearing securities
held by Americans. Wise craftsmanship
would dictate the redemption of the gold
bonds, thereby combining Americas debt to
Americas people, but the reverse is the con-
traction policy Of the day The national cur
rency is being called in and funded into gold
bearing bonds. 1t is considered bv the wise
men who control the finances, better for the
people to pay gold interest on the entire debt
and have no currency, or at best a national
bank currency upon which they must pay in
terest, than to have currency upon which
they pay no interest. According to the figures
OF the Treasurer, to carry out this programme
or contraction policy there was added during
the month OF June last seventy five million
dollars to the annual gold bearing Indebtedness
of the country.
Follow tins thing up until every Treasury
note is called in and funded in gold bonds. and
America will staggsr under a load of annual
interest tax debt tat will exaust the resources
of the people and forever preclude the possi-
biHty of paying dollar on the principal But
we are forcing return to specie payments. Oh
yesl No wonder the Republican money sharks
are Excepting it in view" No wonder Demo-
cratic money sharks are "making immediate
preparations" TO keep it in view Now is the
time for the people to rise in their might and
drive the money changers out of the temple
Let us have less wealth and more honesty at
Washington. Let US have national currency
sufficient for the wants Of trade and backed up
directly by the good faith and confidence Of
the nation. Let us have such legislation as
will destroy the gold and stock gambling
rings, national bank monopolies and every
other class and species of monopoly. Then and
not till then may we expect prosperity for the
mass of the people. Honest labor should reap
and harvest its own reward, but it never can
while wealth and capital does the milling and
EFFORTS toll equal to the grist.
Yours in the interest of Reform
c. M. MCCARTHY.
From the Democratic.libera Candidate for
Acknowledgement.