The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1875-12-23
CORRESPONDENCE
An Excellent Suggestion From Lady Cor
respondent.


Editor Ant-Aonopolist; =
see by your last weeks paper that
you intend devoting part Of your Farm
and Grange department to literature
this winter-a plan | much approve of.
But, sir, may we not have something
original. | am sure there is great
plenty of talent lying idle, which by the
pen and press might be made to cheer
and enlighten our Minnesota homes this
winter.
OF course all the political matter which
is inserted in the paper is OF the utmost
Importance, besides being an instructive
study, yet l venture to say that very
many of your readers never look at it,
Women, Tor instance, always turn to the
inside of the paper first. Well. the
poor women. we must not blame them
they have very little to amuse them.
Men can 90 to the Farmers Club, but
the only club the woman is interested in
is the one she has to keep order with in
the household.
Please, Mr.. Donnelly, give these poor
readers of the ANTI MoNOPOLIsT a
chance; dish up column or two of
something nice each week, and il you
need copy, just tell every woman who
knows something that the world would
be better for knowing, to write it out
and send it by first mail.
Those who benefit by your time and
brains, ought to help you now, for you
will need those valuable aids in the
Senate Chamber this winter. But if
any one writes, let it be in the spirit OF
kindness, and let all captious bicker
ings die out, that the department in
which the articles are published may be
model for the home circle. SERE.
We like this suggestion, and trust
our lady readers viii act upon it. Write
us communications upon interesting
questions, and we shall be most happy
to publish them. Make them not too
long, and let them be full of NATTER
EDITOR ANTI MONoPoLIsT.
Low Rates of Interest and the Old Railroad
Bonds:
ST.. PAUL, Dec 10th, 1875.
Ed Anti Monopoiist:
My DEAR SIR congratulate you
upon your reelection, and realizing most
fully your intention to serve your con-
stituents and state TO the full extent OF
your ability, take the liberty to make
two suggestions: Our present law
makes twelve per cent. a legal rate OF
interest, and the result is that with bust
ness generally stagnant, and the banks
with heavy balances, they steadily de.
mand the Shylock rate of twelve pei
cent.
The great want of this young State is
credit, and that brings cheap money
There are two obstacles: The first is
our repudiated bonds, for which the
State is liable, and will some day have
to pay. Our bad faith is used agains!
as, and is 4 good reason with money
lenders for enacting two to tour per cent
more per amman from our people thar
they gladly accept in cities like st. Louis
Chicago, Cincinnati, &c. The result j:
simply that greater amount is thus an
nuallv taken out of the State to pay az
excessive rate OF interest on loans than
WOULD pay a reasonable rate on the re
pudia,ed bonds.
Another serious objection with many
and name the United States Mortgag,
Company, of New York, which has tit
teen millions of its bonds held in Eu
rope at per cent. semi-annual gold in
terest. is the law Of redemption IN cas-,
of foreclosure.
Use your pen and great influence thi
winter to bringabout some compromis,
with the bondholders. Make ten De
cent. the maximum rate of interest in
stead of twelve. This can only hur
capitalists. and win prove blessing =