The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-07-19
4 DISCUSSION.

able ana llf1ueHclal journal. Willie III
is fifty years behind the age on. many
questions. and encased in Il solid ar
NOR of prejudice and selt-conceit,- it
nevertheless reaches and controls |
many minds. We are glad to observe |
that the logic OF events is driving 1t |
to some consideration of the financial
question. 1t was the philosopher
Locke who remarked. that che did
not write q work on the human under
standing because he knew more of the
more Of it than other men because he
had written work on the subject
We hope that the Pioneer Press, III en-
tightening itssubscribers onthe fillan
cial question, will gradually enlignten
itself.
The other day d correspondent, adj
dressed it from Saltwater and said
Being constant reader of your daily paper
for about six years, feel at liberty, from an
old acquaintance with you, to address you
few lines on a question of interest to all
have always enjoyed the outspoken senti-
ments OF your paper, whether agreed with
them or not | believe the independence OF
your paper has much to do with its populari-
tv no matter how little sincerity one may
| possess all admire candor in others. Yet
/ there is one subject which many feel you
| have not treated with that honest reasoning
YOU have almost all other subjects; mean
the issue OF the day-greenbacks VS.. SINGLE
/ ba I,y nv
when this question can be met by sarcasm
and ridicule. When this ghost like Banquo' s
| will not down. and Justice to your readers
| as well as your own interest demands SINGER
ity and reason, and the cry OF rag baby
and such like terms have lost their force with
the people and q paper OF the acknow Lodged
ability OF the Pioneer Press weakens its lnl1u-
ence by using such satire, and although Don
nelly is an incubus, yet sarcasm will not pass
always for argument.
Now. for the benefit of many OF your read
ers, will you give us q plan OF resumption
the resumption act being very vague III de-
:eil almost every one has plan OF his own
| Having always advocated resumption, you
no doubt, have detailed plan, OF " hch youl
readers are ignorant DO yoa lndorse the
borrowing OF gold sufficient to issue circu-
atio1. ont Ii SO how much will it take, al
lowing sufficient amount per capita to trans
act the business OF the country, and hat az
think that amount SUOulu DC.
Why is the secretary OF the treasury Dor
rowing gold, part OF W hich lby your paper il
laid up Tor resumption, wnlle he is at tin
same time ordering gold in New York? VIVA
will prevent gold gamblers drawing out TIN
gold by legitimate measures thus leaving u
worse off than before we borroWed) when
has been and is being done iliegtllnately al
: the W lille? If adopt the single gold stand
ard with the other nations, what amount pc
capita do you think it would give you know
about the number OF inhabitants and til
, amount OF goldE
Why if the nation is to resume specie pay
ment IS it that there is 10 increase oi gold |
the treasury Tor Ii any, only nominaI Sine
''Black Frlday!o
, These are some OF the things we want
: know. do not discuss these questions no
. as your answer may be satisfactory, but a.
f sure you that the way this matter has bee
placed before the public is not satisfactory
5 thousands
: The perturbation of the republican party 9
this single standard issue, as shown by i
: leaders In Iowa and almost everyW here ell
k shows that it must be met.
Resumption has boon clothed in glitteriI
generaitles while sophistry has twined it wit
|. garlands, making it to the many, very plea
O ant to look at, but is there not some paddlI
: and Pumping and shading which, il reno
t ed and the natural form exhibited, would We
; much spoil the beautiful picture so admiral
painted III Wall street
: Now in looking for light cart thou he tn
II should come or look we for another
- Expecting this to be treated with your usu
: courtesy, wait for reply SALTWATER.
IL This individual has got some glimps'
9 of light upon the issues to which
g refers, but the depths of his intelle
= are still in zimmerman darkness. 1t
u amusing. after we have prodded hi
u into thinking, to find him cavalier
- referring to us as an ''lncubus
u But let us see what the Pionesr-Fre
he has to say in reply.
y To all Of wi ich we reply that we have
particular plan for resumption, which Is
- question OF detail Ia the application Of
Id principle while we are chiefly concerned WI
the principle itself, and are content to lea
>. the mode of its application, which IS seco
- dary consideration to prudent business m
I'd in congress. and in the executive departing
le of the government.
he Now both these ignOramuses see
We to be ignorant of the fact that there
% a fixed and precise plan Of resumptl
upon the books, embraced IN q me
bv ure known as s'the Resumption Ac
I'm and that this law is now pting IlSis
executed. Prudent business me
have nothing to do with it. That
'ru provides how resumption shall be
IN complished:-
on l. BY wiping out all the greenbac
-th II. By substituting in their pl
eto national bonds, bearing interest.
n III By using $4,000, 0OO,O 900 of tn
anc bonds to purchase gold and make it
nsa to gold coin.
w. By issuing on about $50, 900,