The Weston Democrat. [volume] (Weston, W. Va.) 1875-current, 1875-09-13

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 filled with mis-.
representations as to the policy Of the
Democratic party on the currency.
We hold that the National Banks
ought 10 DO absorbed in the Govern.
ment, and the Grccnback replace their
currency; for what arc these banks
existing upon except the credit of the
Government? They arc an institution
between the people and the Grccnback,
adding to our burdens by their cxac,
tons, and enjoying almost monopoly
of what should be the Governments
own function, to issue q currency.
We would begin b. taking frem the
banks their monopoly Of tho Govern.
mcut. After the grecnback has be-.
come tue only form Of currency, it
will appreciate in the market. and in
the minds Of the people. Then We
would make the Grccnback receivable
for all dues to the Government. The
credit Of the Government Of the Uni.
ted States is such that it can NEE, its
interest by borrowing gold on contract
ut q low figure. Under the present
system tho Government is the princi.
pie unfolding Of high rate Of gold,
as i. 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
LII. Ii the Government will give
credit to its own notes the whole pow.
CT Of tho United States will be excrtei
in favor Of the Grccnback. The way
to specie payment We affirm is not in
contraction. But it is by tho apprc.
citation of the Grccnbacks instead Of
their degradation. We assert without
che fear Of successful contradiction,
that the growing power Of the bond
over the grecnback is tho cause to a
great extent Of tho hard times. Oar
people arc willing to work ; they have
good crops, transportation and public
crcdit-and still the wheels of traffic
arc almost stopped. Tho policy of the
Administration is failure.
Tho Government enjoys credit pos.
scssed by no other nation in tue world,
yet you sec her people out Of employ.
mcnt, and hard times. What adyan.
tage is it to US. that the Nation is sol.
vent il the people arc iusOlvcnt! The
business men all over The Nation arc
striving hard to pay interest aud upjus,
cxactions on labor. If money is plen.
~ and easily obtained, with fine crops
aud abundant agricultural aud mcchan.
ical productions, what keeps the people
poor? Tho cause lies in an upaccom.
modatiug policy Of the Government to.
wards the people; in want Of Sulli.
cient currency 10 carry on the inter.
change Of trade amongst the people, and
che high rate of interest. 1t lisa well
settled fact TINT tho agricultural inter.
ests Of tue country don't pay three per
cont on their capital Suppose u far.
MGR buys farm at Sl5, OOU, ind Dor.
rows ten thousand dollars to help pay
for it at ten or twelve per cent, when
be can't make three: Is there not sew
en- per cen: loss every year? How
long will it take the interest on tho
$4,000 to cat up tho whole farm aud
lcavo the party $4,000 in debt?
What good then, does the money in
tho banks do you, If tho interest is
seven per cent more than you can
make in your business. Farmers aud
Mechanics, wake up! Make your own
calculations-yoa arc capable Of doing
it; no longer believe Subsidized press;
appreciate your condition at once. DC.
fore you ate financially ruined - Par.
kc,sJWy .StA'ir'.