The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1876-03-02
HOW ARE VIZ TU RhSUhEP

It is computed that on Nov. l, 1915, two
thirds, or 81 ,4i2 900 600 OF our debt were heid
in Europe leaving only oAe-thlrd Or sos, o0O,-
900 held BY the United States. The bulk OF
said debt rs in 3 % bonds, Il p 6. god, or p
c. CURRENCY, involving the annual outflow OF
33A, 000, 900 for interest
Add TO this the gold interest on state
bonds. railroad bonds and municipal
bonds held IN Europe, and it will amount
to as much more Here then are 1885,
COZ. 900 to be paid annually by country
containing S9o,O00,OOO in gold; and
whose annual production Of gold is less
than hundred millions No wonder
gold is worth Is per cent. premium!
And now it is proposed to resume
specie payments in four years. This
will require one dollar in specie for
every three dollars in paper that Is
to say if our total paper circulation Is
$3.50 ,0OO, 900, we will need $3.50 ,000, OVO
Of gold to keep it at par with specie.
SO that we will need TO keep $780,
0OO, 900 in the country aud export $685.
OK, 900 annually to pay interest and we
are to do all this with $50, 900. Goa, the
average amount on hand in the United
States.
You talk about the national debt"
said Dan Webster, full of patriotism aad
champagne. how much is it2 Ill pay
it." And the sage OF Marshfeld reached
into his pocket for his pocke,-book.
The whole world laughed at Webster j;
why do they not laugh at u nation which
solmnly proposes to pay 4la,0OO,VOO
with $40, O0O,U
1 III, II "a no laur,iprv p,affoP Tho
| plumbers OF nations are telt in the
sutferings OF the people. This cruel at
tempt 10 do what we are incapable OF
doing at the present time. is felt to-day
ia hundred thousand homes, simply
AS severe economy; in many more as +
| great want OF the very necessaries OF
4 life Aud the business men, Whose silly
shouts have invited and encouraged this
thing, are finding out that they have to
pay the piper. They begin TO feel u
| good deal like the colored gentleman 10
the following anecdote which we CLIP
from souther paper
Yesterday 81 Wan found engaged IN one Of
his puilosophio, political haranSues to some o.
| M uoIored friends.
"Dese hyar 'pubicsns kin promis. tai d.
lass day in de morning, but dey aint gwins
to kesch dis hyar oisckbird wid no mors
chsif" he exclaimed positively.
d2key.
| ..Drs ia " hat I'm mad 'bout-mind my word,
nowl Udn's dey say, when Do war wus play
ell ont, dat do nsgger WIS gvine 70 be inad'
| As good as white tolilsi'
4 rob koaAse dey dill"
can oA,: do nigyer work d fur all dat de or
marsters had anu oonld soon yearn al da
Ia. h -, N.,x,Y
"fes dts true, touT'
dat do W hits folks wuS gvine Ter be pore q
church nous and nigger'a rich, heyf'
SOON hook: dat's what dev saldl'
"Da, ali sound d ss' ~ purity ~ readin' oi
cirk,s bill, didn't hs"
"fou'se right, it did!"
, "Well, what makes me mad Is dat cirku
, hain't arove down hyar yit, an VS. can't hsa
! ia, its eomini Bres de- Lord, do white folk
! Is ,es' ~ r,ch Is etsr, an it wus de nixS-
what 20. busted, an he's bsen busted ee<
sence, an is gwine to stay bustedl
All the pretty talk about 1.-The world
currency" "gold and silver "hone:
, money" etc. has resolved itself down {
Al endless, list Of bankruptcies. increase
rates Of interest, lively sheriffs an
empty pockets. As Isl" says, it is ,h
business men of this country that .ha
GOT busted" Read for Instance th
: charming note -
: Louuv1LLE, KY., Jan 3s.-PAis Ky. ia
! now is sadly financially depressed. A numb
Of Arms have bssn compelled to suspend bua
ness, and it i thought 6ftssn or twenty prom
> nent houss in the city and country viii
a carried down IN the er1ah. Circumstances "
:. not admit = this time, giving the nanes Of
who Aze reported insolvent h - rumored II
the worst Is nes yet known. rhe lAuys
!. have I'll bsen busy the entire day drawing q
!, attachmsnEs. Il = evident somekhing = Gel,
= 10 drop.
II Yes; and the thing that is about
Z drop, that in tact has been dropping +
81 two or three years past. has been
= business man Of the United States
America