The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1876-09-14
Inperf.kt rage
The -Anti-AIonopolist.
ers of artisans and laborers were thrust

bers of artisans and laborers were thrust
out of employment; and the suffering
they endured finally brought them al
most to the madness of open rebellion.
The prices Of all commodities, said
Matthias Atwood, in speech in the
House OF Commons ia 1922, alike Of ag~
r!culturc. and manufacture. were brok-
en- down upon an average 80 per cent !;
and factories and lands stood idle ana
untitled. Mr.. Alexander Barring speech
in the House ol Commons, December,
1Sl9), said that the suffering extended
to all classes, and that the condition OF
Great Britain in the sixth year OF the
peace was unparalleled ia the history Of
any nation or time, Lord Broughara
| (speech on the corn laws. made in the
House OF Lords, February 10, 1889 !,
said that the restoration Of the currency
! was almost as Sad rs the depreciation
and that although he had supported the
resumption bill, he had always deeply
regretted having done 50. The bitter
/ fruits OF the act says Sir James Graham
! On his celebrated pamphlet on Corn ald
Currency, page 49), were tasted by AL
classes, save that in the midst Of The
ruin inflicted upon farmers ana manu-
! tac,urers, and the instructions Of q p9p-
! ulace without bread and without en-
ploynlent. the fund -holders and tax
/ eaters protited.' They proftted he
said, by what the producers lost. The
! distress, ruin, AID Bankruptcy that took
/ place says Mr. Doubleday (tiaancia!
! history 81 England. p Ill, Dy reason o.
! the relentless narrowing Of the currency
| Were universal and extended 10 all the
! operations OF idud and trade" That the
! resumption AGA pur 4 5arGen upon iii
/ G0slry, says j. g. AIcCuli0ch CONNER
cial Dictionary article Banks aad Bank
i sng). and in SO far was hostile 10 the
+ public interests it's Impossible 10 dauot,'
Lord 09eTstone Traces on metai.e s4d
paper currency, T. IJ31, says tAat the
I restoration Of the currency il ls19--|
produced extensive private suffering,
/ arrangement Of property, disturbance
N the operations Of trade, and injustice
t To extensive classes ot people. Jean
BAPTIST say, tie eminent french econo>
mist. after reviewing the period Of sus-
! pension ana The Consequences oFresamp-
/ ton practical Political Economy, Ell.
OF 1898, printed al Paris, = 6D sums up
! by saying that the privileged classes. tbs
!! public iuactionares, tho pensioners Of
the State. ana the lunQholders. profited
,5T The enhancement ia the value OF
money; Int adds that it laid bnrdea
upon the masses u the people and upon
i Industry Il burden that SO rich and in
dustrious q nation, and SO admirably adj
ninlstered in other respects, coQid alone
support" DIR. Thomas Chalmers
! Political ECONOMY, p. 2o9) writing IN
1882, took great pans II show tbat the
condition OF the British iaboring classes
was seriously worse than it had been up
10 the year 1879 1t was about that time,
ne said, that their progress was first
arrested and then turned backward and
1.-THE Hon George c. Brodgick (Gobdcn
terioration in the state Ut the English
Yeomanry, says that. BY the reign OF
William the II (who succeeded 10 the
throne in $500 the descendants OF free
holders VINO once sat as Judges and leg
islators in the courts OF their own county,
hundred anu township, had sunk into
day iaborers. bat one degree removed
from serfdom, dependent On .ndiyid-
uai landlords FOR the humbiest dwelling,
and 0n landlords assembled IT Quarter
or Petty Sessions, TOR the security 81
eVery evil right. And let me here Oh
serve, that 1t was not until 1880 thai the
monetary system was finally anu per
m4ueptg settled upon a gold foundation.
The operation If the resumption act up
on the people. il is thus seen. vas orc
oil unmili gated evil; and led T. great
popular agitation, riots. murders. con-
splracy. tamul., ard threatened. ana
even attempted instruction ii various
parts OF the kingdom so extensive ant
portentous. indeed, that the Govern
/, mentswas compelled To resort = Tbs
most extraordinary measures 81 repress-
ion. The loea. military 1--ani14tsons
were largely augmented until they
numbered. in addition T. soue IerglN
troops, $1,000 mem and it WAS this ex
hioitlon d resolnte preparation, organ
52e& especlag s h The manufacturing
sistisCts saws Sir Archibald A.llsa1.
History g, Europe. II series. chap Ut
, and the DECISIVE demonstration I afford
80 Ell mora. and physical ssrengt. en- tn
part G. the government. taat saved Urea
Britain from an alarming conclusion
lie ras5tie4. economists were prompt.
on a.na WITH Their petsy and Taost Pc
po>tergus explanation ri the source g
!, misery aud agitation & was over pro
:, duetiuus RE explanation rightly deL0aa
ced vg Mr.. Aiax&aaer PAIRING 8s par
trash 1es; oFes production mate ii
wears i ~@ts-5 tue most anxious Al
!. distress hi Il modern British history
! Aou mar consult the literature oi tn
times fov tae facts. Thomas May ErA
! sine. IN ai~ Constitutional History {
England. SAYS the year 1919 vas one (
peril. Harriet Aar.iueau. n Ter HI:
:. tory 81 the Peace describes the distr2c
: al condition ct the e5an,ry with grapai
:, power.
III Sir Archibald Alison Is ornate an
eloquent ia his deseri p.ioas d he stat
: 81 tue nation. The government alarm
! ISIS Of that pogiad.' says Charles k1iga
: ia mis- .Hissory of England. were il
: condition & almost lpless terrier. Lor