The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-11-01

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mains ever reSurrected; and the teeth
tusks. and structure of the head anc
jaws prove Enthusiastically that it was
Of the carnivOrOus clasS.--Carthdgt
(Mo.) Patriot.
THE COMING STRUGGLE WITH TIL E
MONEY POWER.
The national bankers association in
New York, at their late convention
passed the following resolution, which
points directly to the scheme adopted
by that body to obtain control of all
the circulating medium of the coun.
try.
ResOlred-That q committee ap-
pointed by this convention to memOr.
iallze congress to pass an act author
iZing the general government to sell
the new four per centum bonds at par
in currency and guaranteeing national
| banks investing in these securities
that they should be allowed under the
law, to issue in circulating the par
value of these securities.
Now if congress can be bribed into
passing such a bill. the national banks
comes over their counters and with
them buy the four per cent bonds,
and then issue their own notes, and in
very few months every dollar in
greenbackS now atiOat in the country
will be thus sent to Washington, and
destroyed, and between three and four
hundred millions added to the nation
al debt, with gold interest for thirty
years, amounting to S432, 100000, and
then the original sum of $3.50, 100000
will still be unpaid!
Men of America, are you prepared
for such an infection as this! If 50,
vote for one of the old parties!
When the war closed in 1865, 50
many persons had been at work for
the government. that the amount due
them and for which they held green
backs, and other certificates. aggrega-
ted two thousand million dollars, upon
this money the business of the country
was transacted, but the spirit of avar-
Ice and greed was abroad in the land,
and the government began to fund
these obligations, that is. to convert
the nOn-lntereSt bearing debt into one
bearing interest, taking the money
out of business and paying greater
amount Of interest than capital could
legitimately earn in trade and manu-
featuring. Those who had money, us
a rule, placed it in government securi-
ties, thus leaving labor out of employ
ment, without however diminishing
taxation which was greatly increased.
although the bOndholderS themselves
were exempt. This was contraction
of the currency. and it went on until
in 1873, twelve hundred millions of
the people 5 money had been destroy
ed, and the financial crash OF that
year came, and aS.the process has
been going on from that day to this.
our country with all its energy and
enterprise and elasticity has not re-
covered. and will not. and cannot un-
til congress brings relief in the form
of legislation in the interests of the
people.
The people of this country are fore
warned that the banks are working to
secure the sole privilege of issuing
paper money, which no civilized
country can do without. and of course
having the exclusive control of the
currency, they will conspire together
to charge their own price for its use.
The whole subject involved is one
of dollars and cents:
1t is admitted that the people of
lions of dollars in paper money to
transact their businss. and the simple
question is. whether the government
by virtue of the power vested in 1t by
the constitution shall coin and issue
the money founded upon gold and sill
YER and everything else in the country
of value. or whether this privilege
which is worth at least seventy mil
lions year shall be delegated to set
OF soulless banking corporations and
giving them premium in addition for
the privilege of exacting tribute
from all kinds of business, while they
are exempt fro taxation. The prop
oSltlOn is too monStrouS ever to have
seen the light in this last quarter of
the nineteenth century. but it is re-
garded with little concern by the par
tlZen press. and for ought either party
VIII do to prevent it, these contempti- |
Die Wall street vampires. will buy the !
bill through congress. as they have /
several others. Those who appreciate |
the situation. and see the distress al |
ready wrought, and hear the wall of |
agony that goes up from our stricken |
land. should sound the tocsin. and /
alarm those who have not vet awak- /
ened to a sense of the danger of the |
total destruction of the capital of the I
country itself. which must totter to |
its fall. when its foundation, labor, is
DESTROYED. Those who have lived in |
the hope that their old party could |
save them. must now abandon that |
deluSiOn.
SEYMOUR ON SILVER.
UTICA, Oct. S.-GOv. Seymour was
asked to express his views on the
silver question. He invited your
to walk with him. and
it was while walking through the
pleasant streets of Utica that he
talked freely on subject which now
agitateS the public mind.