The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1875-09-09

and generation. The Beast viii hard
ly attempt to lecture in that State
Kellogg would probably be the first
to advise him not to try it. Any de
cent northerly man could, however,
with IMMUNITY.
If We were forced to rely on the
Radical papers for facts we would be
in a bad fix. Almost any Radical
sheet you pick up is filed with mis-
representations as to the policy of the
Democratic party on the currency.
AT bold that tho National Banks
ought to be absorbed in the Govern
ment, and the Greenback replace
their currency; for what are these
banks existing upon except the cred
it of the Government? They are an
institution between the people and
the Greenback, adding to ourburdcns
by their exactions, and enjoying al,
most a monopoly of what should be
the Governments own function, to
issue a currency. We would begin
by taking from the banks their mo-
nopoly Of the Government. After
the Grcenbacks has become the only
form of currency, it will appreciate
in the market, and in the minds of
the people. Then we would make
the Grcenback receivable for all dues
to the Government. The credit the
Government of the United States Is
such that it can meet its interest by
borrowing gold on contract At low
figure. Under the present system
the Government is the principle up
holder of high rate of gold, as 1t is
always buying large amounts, and
compelling other people to do the
same, to pay their custom duties
Gold ten years after the war was at
III. If the Government will give
credit to its own notes the whole pow
or of the United States will be exert
cd in favor of the creenback.
The way to specie payment We affirm
is not in contraction. But 1t Is BY
the appreciation Of the greenbacks
instead of their degradation. We as
sert without fear Of successful con-
tradiction, that the growing power Of
the bond over the greenback is the
cause to a great extent Of the hard
times. Our people are willing to
work; they have good crops. transpor-
tatton and public crcdit-and stu
the wheels Of traffic are almost stop
ped. The policy Of the Administra-
ton is a failure. The Government
enioysa credit posesscdby no otherna-
ton in the world yet you sceher people
out Of work, and hard times. What
advantage is it to us, that the Nation
is solvent, if the people are insolvent!
The business men all over this Ma
ton are striving hard to pay interest
aid unjust exractions on labor: #
M is p.,cnty and easily obtained,
with fine crops anu shundant a.sri-
cultural ard mechanical productions,
what keeps the people poor? Inc
cause lies in an accommodating poll
cy of the Government towards the
people; in want OF sufficient cur,
rency to carry on the interchange OF
trade amongst the people, and the
high rate of interest. 1t is a well
settled fact that the agricultural in
tercst don't pay three per cent On
their capital. Suppose afarmer buys
a farm at $4,000 and borrows ten
thousand to help pay for it at ten or
twelve per cent, when he can't make
three: Is there not seven per cent
loss every year? How long will 1t
take the interest on the $4,000 to
eat mp the whole farm and leave the
party $4,000 in debt? What good
then, does the money in the banks
do you,ifthe interest isseren per cent
more than you can make in your bust
ness. Farmers and Mechanics wake
UP, make your own calculations, You
are capable Of doing it; no longer be-
lievc subsidized press; appreciate
your condition at once, before you
are financially ruined.-Sntincl.