The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1876-11-04
TEXT FOR THE PEOPLE.

Rem FRANKLIN PAPER MONEY ADVOCATE
Cold and silver are not intiinsically OF
equal value with iron. Their value rests
chiefly m the estimation they happen to be- in
among the generality OF nations Paper
money has great advantages over gold and
SILVER. as 1t Is not likely to have its value re-
duced by expectation. '- BEN amin Franklin.
JEFFERSON a GREENBACk MAN.
Bank paper must be suppressed and the
circulation restored t. the nation, 10 whom
IT properly belongs. - Thomas Jefferson.
HON THE POOR MAN Is ROBBED.
Every farmer owing money at a high
rate WI interest should, under a Just sys-
TEN " huance, be enabled 20 borrow Of the
government and pay the mortgage that Is
absorbing all his surplus earnings to pay
the interest money. Thousands to-day arr
IN condition not able to pay the high
rates VI interest nov sanctioned by law,
and the hard earnings az life time are
slipping from the feeble grasp If thous-
auds, and Will be struck off under the ham
mer Of foreclosure unless relief comes
quickly. Ii is not the rich who are thus
swindled. Il Is the poor man who is
ieeced 70 pay usury u the rich. r. L.
Noicutt of Brooklyn, y. Y
HOW We ARE ROBBED BY ENGLISH ARIsr0-
GRATIS.
with natural resources beyond measure
greater than Great Britain. by our buuder-
ing financial pol ~ are made simply a
mulch COW Tor sagacious England john G.
Drew
THE True FUNCTIONS ~ MONEY.
Money. ms sad of heIug the medium of
balance between production and consump-
ton, which Il lts proper function, serves, uu-
der our present system, T. protect non pro
control * nearly the whole wealth Of society, |
thus defeating lts true purpose and object '- ,
joel Deusmole
WENDELL PHILLIPS
The greed II capital forces the govern |
ment into one pathway starving labor |
clanors @ have It move otherwise "-
Wendell Phillips.
TRIUMPHANT ROBBERY
This bill 70 pay the interest 81 the pub |
. Inc debt IA gold, under the preteuce Of |
Strengthening the public credit, is dis |
honest scheme e. practically Increase the |
debt II the country for the exclusive ben |
eht Of bioated spectators. -Thaddeus
Stevens
- AAAL N'hhEhA " AtN I'M p
The question is Are the people to |
continue e be robbed by private corpora |
tons known as national banks, or shall We |
haze full 7, CALENDER paper money issued |
directly by the Government without inter |
est i Is a question Of right or wrong. |
Of honesty ur dishonesty Sydney NV |
ers Of Chicago.
TIE RUIN WROUGHT Bl HIGH INTEREST.
l am persuaded that a careful examina
ton Of the subject viii convince any can
did mind that the eXurbitantly high rates
az interest Oh luanable capital, sanctioned
and sustained by our present iniquitous
monetary laws, is the main, and II itself a
sutfeent cause for all our industrial, com
mercId, and financial troubles, and is tend
ing inevitably and rapidly to the impover-
lshment and degradation Of the producing
classes, and the decentralization Of society
generally.-CongrCssman Campbell Of IL
lmOis
JUDGE KELLEl ON CONTRACTION.
Contraction OF the currency, if con
tInued, will prove a failure, but nota harm
less one. Ii Will be fatal to a majority Of
the business men Of this generation. and
strip the frugal laborers of the small but
hard earned sums they have deposited in
savings banks. Its object Is to reduce the
amount 0f working capital in the country.
and by this unse-thng values it will para
lyze trade, suspend production, and de-
prIye industry OF employment. Judge
Kelley.
a sTEALrHY ANU MOST INsIDIoUN POWER.
High interest Is the most dangerous.
because the most insldious, Of all the pow
ers menacing the rights aud prosperity Of
the people. Operating silently and IN
seen, It stealthiiy takes from the produc-
ing classes large portion Of their earn
ings, while it keeps them in i-norance Of
the cause Of heir wrongs. - Jngressman
Campbell Of Illinois.
1.-THE VORTEX OF RUIN"
why arr taxes SO heavy while the ma
tion is at peace Not because we had
war twelve years ago, but because high in
terest is eating up the products II toll and
dragging US all INTO the vortex OF ruin.
prepared for US by the bulhonists Hon
John A. Thompson Of Florida.
FACT.
1t is labor, not coin, that maintains the
public credit and gives prosperity to the
people. VIM. d. Kelly.
sOl
II would again impress upon your mind
the absolute necessity of making the
Democratic platform tor 1876 so near like
the Republican platform, as TO finances
that bOndholders will contribute as much
tor the support II one as the other
Letter from 5. j. Tilden 70 Manton Mar
bic.
INCONSISTENCY.
Certainly | am not in favor Of the re-
peal of the resumption act, unless some
thing Is substituted that will more effectu-
ally bring about specie payments as soon
as the time prescribed In the act. r. b.
Hayes.
DISHONEST SCHEME EXPOSED.
tine attempt to force a resumption Of
specie payments by contracting a volume
Of currency which is actively, legitimately,
it is unwise and it, projectors pause not,
though they discover that it robs millions
Of laborers Of their whole estate. Judge
Kelley.
PETER COoPERs DEFINITION OF MONEY.
Money itself is only creature Of the
law and sovereign prerogative Of the State.
The Government can makv any thing u ie-
gal-tender, and it is only question Of ex-
pediency what it shall make Peter
Cooper
~-u~aaa1n@~-
McDonalds Visit to Braidwood.