The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1875-10-21
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|gms sisifsisEk1 Jf 500. 81 gen
aoa Conn Pisse nj waaaneton capitki V. u
- SHE sin OF the RSpabliean party, for
whaoh it. deserves DEATH was I'm The
,resolutiend passed. g Cengressss tiiab
pledged the Government to ,the payf
fnent Of the bonds in gold. Had the
greeifbacks BEEN at par the bondholdr
Perswou4ds noty OF course, o6BJected TO
srsceiNilg thamin Rayn ent, dfi the debf!
The resolution gotten up by supnrinci-
pied and greedy ock-jobbers, depre,,
cfated, BY act OF Congress, our curren-,
icy. - The Government, while pledging
Bitself against one form 0fgrepudiation
openly. practced another, 4he shame
less audacity of this last is enough to-
cUhsiSn any organization TO perditien.
3 1sYhat the passage VI the resolution
biading the 6eyeFh nsent tota pay meftl
in rgpld sWas1cae,pEeReditatedis Wall
street design to depreciate the curren-;
cy and augment the value of the bonds
weshave tie very best evidence. We
were Sitting i'm the Com mittee7 Room
Of the DISTINCT of Colunlbia, penning a
letter, to the Cipcinnatio Commercial,
when gentleman well known TO the
world Of stock gamblers came in. We
had Ism ented in his presence a few
days before, enr ilhAuck at not being
able to speculate in stOcks,, as, ewe saw
others doing, and realize handsomely.
from such speculations, as several of
our brother pen-drivers- had DONE
Our friend now came to us to say
that he had an opening Through which
a good thing might be secured. And
when this opening came to- be explain
ed it appeared in a resolution, careful
H. prepared, , that had been PLACED in
the handssl Of r. the Ghairnaa,n Of the
4 Committee Of Ways, and Means, tos
be offered on the first opportunity,th that
pledged the Goyerpmeht TO a payment
Of the bonds III g6k.is ,2ooi eSDn -. i"
IL uss'Vhisj % he said daw ilfsehd the bonds
up TO, PAL, and then i;we. can manage
TO make the Government. anticipate
some of its Indebtedness the bond
holders win realize enormously. Don't
you see, now's yoHrs HrsehanceAcome in
with VS.. sAittlc carried fer you will;
make you, independent ssgssr, -,
"But," we said, chow are you to pass
it? We all know that it never was
to make such a distinction
these bonds. They were
bought, with greenbacks, for q mere
song, and for the Government thus to
stigmatize its own currency, while In.
dersiAg these bonds, is simply infa-'
mous, and will beIsos regarded by the
peopler; We have ntweuty! years in,
which to redeem this, bonded debt. La
that time we can fetch our CURRENCY
10 fpaS,i ending thereby, all questions
as to the mode of payment. l1fs make
the diatinctions you propose is an in-i
fanny" -,a,, ,samte has bstsb.sd raj;
"There you, co., he cried. II did
net propose TO afscuss the morality 6r
the justice or the move. d T only wantc-
ed TO show, as.ayfriend, how iaou could
make q fortune without Iriskipg a cent,
You. cannot help; it. Nearly all the
'Congrespmen down stairs, in House
and Senate; have more or fess 81 these
bonds, or will have them nbefore the
vote is taken, and quite, = number o!
them will come out of the transaction
mfiiionaires. Not pass it! why, you
innocent, it VIII Pass undefa PATRIOTIC
cry of no repudiatiOh,' the: plighted
faith of the government must be sus-
tanned, and-stuf of that sort.
'.Thep,o", we responded, lit us coif-'
sidered right TO repudiate the debt
owing TO the people i'm the shape iei
currency. and shameful q OF to- enable.
airing of speculators to grow rich on
the distress Of the ecountry-for that is
what it means.v ;sa isSIc1o STE bui 4
We did NOT enrichi ourself by taking
Of this kDowledge,i but our
enabled Us to watch those
who did. The men who boast SO
loudly of having saved eur dag in its
hour of peril have used that nag 10
cover just such iafamies;as these. ~