Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1875-09-30
An OPPONENT OF JAgxS AID BANK NON.
Fl.
CAPEvILLE, NORTHAMPTON Co., Vn,-

To the Editor Of the cowmsvo1al:
Enclosed arc two "rag currency promises to
pay" that you are doing your best TO discredlt.
They are the same money" that the patr1ouc
bond-holders bought gold-bsaring bond. Win AND
the tsmo kind Of money that made . Nation out
Of q couglumerAtion Of dscordant etAtee, and they
are \ kind Of money that will enable the tiliers
of the soil 10 get fair price FOR their pfooucts
aud stop the city gamblers e. middle men and
spsculators,) from making corners or lock-ups
81 currency, when it suits some gambling So
called bank president To depress our labor.
When or how that internal innovation crept
into tho body polite Of allowing smith.
Brown, and Robinson, under preeenss
repcy Of the country cannot learn, but l intend
to do my beat to help eradicate the damnable
hareny AN not III inflatiOnist or contrActton-
ist but want to see the total destruction Of AL
kinda and sorts Of so-called bank notes, and
substitute for them either demand notes or legal
swiaurug, sseanus snu roppfng. Inc
bank interests Of. large cities may buy few
leading politicians and presses, as Jay Gould
has the New York Tribune. but the rural popu-
lati0n south Of New York will rally next year for
snd II you and men like you succeed in sAddlng
the Republican party with the bank interest,
You will see it most internally beaten.
You cannot carry State south
the sooner you let the bank gamblers alone the
county, and state; their political fate is what
you may expect all over the country, south Of
YAukeedom. Your,
1. TOWNSEND.
We print our correspondents letter - \ curl
GUS specimen OF that sort Of express
sion which = man uses when he doesn't I'M
derstsnd what he ia talking about He charges
first that We arc doing our bert to discredit
greenbscks On the contrary, We want to make
them what they were intended to to be-good ~
gold. They never have been 30, ~ yet, since
they we're first issued. He sneers At the bond
holdera,ye he WAS glad to beg them to lend their
money to the government, to save the Union, and
he then gave them no hint that the moment the
danger wss over, he would denounce and decry
them He talks Of having = currency that will
stop "city gamblers" from making corners and
lock-ups of money. Certainly he does not ex-
poet to do that by issuing greenbacks, for such
Iock-ups have tonrished only since greenbacks
have circulated.
Finally, Is to the banks: Our correspondent
is in doubt ~ to their origin. He should read
up. He will find that they have been established
in all civilized countries for centuries, and that
they are regarded in all business communities
as essential to the prosperity OF all classes. In
this country, the State banks, before they we're
absorbed into the national system, enjoyed al
most unlimited privileges Of issuing notes, and
the national laws have not only regulated and
systematized their currency circulation, and
made it safe but they have greatly shorn away
the profits OF the banks in regard to their notes
OF issue.
The wholesale denunciation with which our
correspondent relieves his mind resembles that
OF Sam Cary, IN Ohio, and OF other demsgogues
elsewhere. They presume, We think, entirely
too much on the supposed ignorance and folly
of the people.