The Morristown gazette. [volume] (Morristown, Tenn.) 1867-1920, 1876-11-01
Col. James White at memphis.
MEMPHIS, Tenn, Oct. ~, 1876.
- the Editnr If ne NInrristoygn Gazette:

MEMPHIS, Tenn, Oct. ~, 1876.
10 the Editor Of the AIorristoyn Gazette:
ssThe gentleman from Hawkins has
been with rs. He made two speeches,
and such speeches as only White can
make-bTimful of tpalpable hits, lace
tiB and telling anecdotes. He was 4ully
at himself, and on both occasions dellY-
cred himself finely; and if repeated ana
boisterous applause is any criterion OF a
speakers effectiveness, the Hon. james
White spoke with marked effect. Ills
point on demonetization OF silver ought
to be told to every household and treas
ured by every laboring man III THIS
broad land Il was about this: By act
of a Radical Congress the recent issue
Of silver coin, of greatly reduced value,
is legislation in favor of capital and
against labor. Now for the proof. The
trade dollars weigh 212 glams, while
the recent issues OF half dollars, quart
ers and dimes only weighs 1874 grams to
the dollar The difference in value,
then, between the trade dollar and this
recent issue is ser cents in each dollar.
Now, by this act Of Congress, this de-
preciated silver currency, is made le-
gal-tender for all debts of five dollars
and under, but not O0er. Take an illus
tration then Of the effect-the practical
working Of this infamous legislation.
Here IS a laborer who works for q man
for a year at say s. per week, and that
his employer pays him every Saturday
night in half dollars of the recent issue
OF silver This the laborer is bound to
accept, because it is legal tender for
sums Of 50 OF under. Then he is paid
for this weeks work only "a. 20, because
each OF these 50 is worth cents less
than a dollar. Still the law cOmpels
the laborer to accept this $40 as 50.
By the end Of the year, supposlng that
this IabOrer saves all of his money, he
will have on hand $40. Very well
He wants to buy a home. lie goes 10
the same man Tor whom he has Deen
working, and proposes to buy lot
where he may erect home for his Wl1e
and little ones. The trade is struck.
He is to give $500 for the lot. When
the decd is about TO be delivered he
comes up to pay. lie counts out 400
half dollars which had been paid him,
and which this law OF a Radical Con-
uress compelled him to accept. He counts
out the money and says, here IS your
5000" mot so, says the seller, that
is only 1888 to mel" 'How IS that
didn't you pay it to me?" ~ es; but
while it is good for you, by act Of Con
gress, by the same act 1T IS not good Tor
me; because it is not legal tender for
sums exceeding So. So that I demand
and under the law you are bound to pay
me $12 more" This, then, is Radical
legislation The money which is good
enough for the poor man is not good
| enough f6f the rich. The rich can pay
the poor "a cents and compel him to re-
ceive it as a dollar; whereas the rich
can demand of the poor lUO cents as a
dollar. Here is an instance where what
is sauce for the goose is not sauce for
the gander. Tel your friends that they
| can well feel proud Of ''Jeemes," and
that the West sends greeting to ,the
East ALL IS WELL Let US elect
TildeR and Hendricks, and an era Of
fraternity and peace, economy and re-
form viii certainly be ushered in.
G.. w. III.