The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1876-03-30

repeal Q. the FeSumptlOu 1Cs " ulc0 AdS AlI0dOY
caused SO much trouble, and the retiring of
the national bank notes and substituting in
their stead non-interest bearing treasury notes
(gpenbacks). at the conclusion OF the speech
all who favored the greenback side Of the ques-
ton were asked to rise, when the whole audi
ence stood up; and here let me say in passing
that there is but one straight out hard money
man in the town as far as can learn, and he is
not resident Of the town and expects to
leave in a few days. The matter Of the organ
ization of a greenback club was then in order:
Fifteen came forward and formed themselves
into greenback club and elected J. w. Liv-
ingston, President; Joseph Preston, Vice Presi-
dent; Samuel Kinkaid, Secretary, and Alex al.
len, Treasurer. Qnite a number Of others will
There seems to be general waking up Of the
great producing class, all over the country, and
woe to the rings and cabals who are planning
to rob the honest sons of toll by means of the
hard money swindle.
Too much credit cannot be awarded
to Messrs. Page and Elliott for their
earnest and disinterested labors in be.
half ot reform. Mr.. Page writes an able
letter to the Rochester Record and I'm
ion from which we make the following
extracts, the crowded state of our col
umns preventing us from quoting the
whole article:
The Republican convention hald at Hartford,
Conn, the 29th ult., declared, among other
things, that they believed the resumption act
should be carried into effect at the time speci-
fed, BY funding greenbacks indarge bonds or
by any other means, to pay and cancel them.
This seems to be the general policy declared by
most of the leaders Of both the old parties,
and now every month we find that . large
amount Of greenbacks are cancelled and their
places taken by national bank notes. It seems
to me the tendency of all this is to make tn !.
only paper money in the country bank notes,
and they in due time are to be redeemed in
specie, instead of greenbacks, by the banks
In other words, the same system Of specie ha-
sis as before the war The bankers want the
job of issuing paper themselves, and it would
be more practical for them to do it than the
government on specie basis. The govern
ment could only do it by greater contraction,
and contraction means the increase of the pur
chasing power of money, and corresponding
depreciation Of the value Of property. King
Capital is arrayed against property land its
prOducers) in the contest for supremacy. OF
course unlimited imitation would in one sense
depreciate the value OF money and enhance
property, which would certainly be wrong.
And the last number Of the Rochester
Record and Union endorses the green
back party and says:
We desire to impress upon all who believe in
the principles Of the Anti Monopoly party and
desire to see them promoted and maintained,
the necessity OF making the convention sue
cess The time for holding the state conven-
ton was for several reasons fixed at an early
day. and it vas believed that larger atten-
dance would thereby be secured than ifit
were held in busy season of the year. The
views expressed 1t the late meeting Of the Cen
/ trail Committee, Of this county, were in favor
of an early State Convention We are inform
| ed by the chairman Of the State Central Com
! mi,tee that q larger attendance than usual IL
expected. There is no gcol reason why this
result should not be secured. The Anti Mo-
nopoly party is composed largely Of the farm
| ing and laboring classes, and We cannot doubt
that they will manifest their sincerity and earn
estnes BY taking hold OF the work Eefore them
may te those who sympathize with tie Oh.
| iects sought TO be attained, who manifest
spirit 0f indifference and who are unwilling Il
commit themselves fully upon the more i'm.
portant questions and issues now before thu
people. There are, perhaps, few who hest.
tate 70 lend helping hand because they d.
not fully understand or comprehend thu
finance question, and the party with regard 4
It. To such it may be said, that while so grea
. diversity Of opinion and views exists amonl
all classes in regard to this very question, partj
dissrnsion and strife should not prevail, no
should there be from this cause lack Of harmon.
or unity OF purpose. While proper effort
should be put forth to arrive At correct con
clnsiens in regard to this as we'll as other i'm
portant questions, the results sought after b
all true Anti Monopol;sts should Be- kept con
stantly in view.