The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1876-03-30
The .Anti-Monopolist.
Judges Bradley and Strong by President

Judges Bradley and Strong by president
Grant, to revoke a decision previously
rendered by said court, declaring that
contracts payable in gold must be paid
according to their terms, and which was
thus corruptly and wickedly reversed
and such other adverse legislation as the
free banking and resumption bill, which.
while it pretends o contract the circulass
ton of greenbacks, really initiates the
currency twenty-five per cent, and
Whereas, During the twelve years
that specie payments have been suspen-
dcd, gold has nearly all left the coun-
try, making specie payments literally
impossible, and
Whereas, We believe, that so long as
the greenback continues financial or
phan'- measuring nothing and being
measured by nothing in return-and the
national banks are permitted 10 issue
notes to circulate as money, redeemable
in nothing bnt that Which measures
nothing, and is measured by nothing in
return )" that these banks viii continue
to keep as wide margin between gold
and greenbacks, and bonds and green
backs as possible, in order to receive al
they can for gold. and pay as little as
they can for their own rates, and
Whereas, The exhibit of the comp
troler of the currency shows that the
net earnings of the national banks Tor
the past six years Lave been $50 per
cent. semi annually, or over thirteen per
annum, while statistics show that in our
most prosperous times the accumulating
products of industry are but three per
cent. per year. thus making the revenue
OF $500 900. 900 of banking capital more
than that from $4,000, 100000 invested
in productive industry with the savings
Of labor added thereto, and
Whereas, These bankers, not content
with this enormous return for their mon
ey, which amounts TO robbery of the
producing interests. are now asking
through the comptroller ofthe currency.
a paid officer of the United States, that
said banks be relieved from the tax lev
led on their deposits, and
Whereas, We believe that were it not
Tor such discriminating and adverse leg
lation, and the combination of tond.
holders and bankers to depreciate the
greenback that a; least a billion oil
greenbacks might be foated on the faith
and credit OF the nation at par with
gold.
We. the independent party, composed
OF the industrial and producing classe,
OF Washington county in convention as
sembled,
Resotue, /, Tha, it is the duty of gov
eminent to coin the money of the Unitec
States. whether that money he gold, Sill
yer or paper, and we demand that the
further issue of money by the national
banks be stopped, and that such notes
now in circulation DE called in as soon
as it can be done without serious loss tc
them and that as they are withdrawn
greenbscks be put in circulation in theil
place.
ResotueG. ?. That the law making the
greenback a legal tender be amended SC
as to include all taxes due from nationa
banks to the government as among thai
class OF dcots which shall be paid ir
gold. and that said banks be compelled
to redeem their currency in gold, instead
OF rag money!
Resolved, 3. That in order that the val
ue OF the greenback may be raised a.
high as possible, the secretary of tn,
treasury be ordered TO resume the paw
ment OF all one. two and five dollar lie
gal tender notes. with the idle gold nov
in the treasury, and that such bills be de
clared receivable for duties on i'm
ports.
Resolred, 4. That the greenback shoul,
be made fundible in any bond the gov
eminent may place on the market; tina
any person who has government bon,
may receive the value thereof at his op
tion in greenbacks, and that they b,
made either iaterconvertihle into bon,
bearing rate OF interest not exceedin.
.O3.65 per cent. in denominations ofSjO
or any multiple thereof. or be receive,
on deposit at the same rate OF inter
est.
Resolved. ). That while we have IN
bounded confidence in the greenback
and desire to see it at par With gold coin
we are opposed 10 any further contrac
ton of said currency "a a means to &C
complish it. rs being worse than tn I'LL
We now bear. and we believe the effort
SO long as gold is demoniiized. as ,util.
~ that OF d BOY trying to lit himself BY
pulling upon his boot straps.
Resolved. s. That. unit! the consti.u
ton OF the United States is amended q
that district tax for the support of gov
eminent can be levied. equitably; ",
are in favor of a revenue tariff only: ant
demand that the burden be laid as lightly
on industry as possible.
Resolved, Z, That while we affiiiat.
with neither Republicans or Democrats
our fight is agains; the party in power
only; and therefore will avail ourselve,
OF all honorable means TO accomplish its
overthrow.
Resolved. s. That the exsrayagant ant
sensual style OF living now pervadins
every department of government. that
has been the means Of hurting . membel
Of the cabinet into the WHIRLPOOL of dir
grace and iniamy. become Al emperor.
court better than presidents counsel
and We denounce it AZ anti-republicau
wicked and criminal aad believe such
officers give cause for questioning thei,
honesty. ~ their apparen. expenses
largely exceed their apparent reyanre