The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1877-04-20
The Cause Of Hard Times
BILE and True.

DIE ana True.
Senator Bayard has been interview ed
recently, and has given his views Of the
Southern policy. lie says Hayes made
Ia great mistake in not wishdra wing the
troops from South Carolina and Louisi.
ana immediately after taking his seat Al
fraudulent President. No one will dis
lpute this. But when Senator Bayard
goes on 10 say that ille present stagna-
!tion IN business 10 attributable 10 the
unsettled condition Of affairs in South
Carolina and Louisiana, the country il
afforded conspicuous illustration Of the
feeble grasp OF intellect OF great states.
man. Mr.. Bayard is one Of the grea,
men Of the nation who believes in specie
payment as the panacca foralI CONNER.
cia! ills. lie is one of those who want.
10 ''get down 10 hard pam and set .sthe
worlds money" in circulation again
lie is one OF your intrinsically valuable
cusscs who. being rich himself, wonders
why any person has the bad taste TO be
poor and needy. His idea Of prosper
is 10 have the monied men made sccurf
in their monopoly Of the money lending
business, while the people sweat At the
brow 70 produce wealth and luxury fol
the protected industry Of shaving noic.
at ten per cent. His view OF lite seem.
10 be that some arc born 10 be rich, bu,
most everybody else is created for Tho
express purpose OF making lite easy and
comfortable 10 the fortunate. The
trouble with Scnator Bayard aud hi,
school j. they have not opened thci,
minds 10 conviction. They Dlindl,
accept tradition and ,monercd idioc;e,
|as sacred law. rather than meet The DIFF.
frulties Of tie present face 10 face and
find The remedy. They forget that ia,
people OF to-day can no more afford "a
be governed by the same laws OF eur.
.rcncy that prevailed even hundred
years ago then they can afford 10 max.
use Of tue came means Of transportation
in vogue hundred years ago. I'll,
worlds money should be denonelized
Iif for no other reason than that il i fhs
worlds money. .Thc world has al,
WAYS been a iyIsnf. When the mailed
hands Of doughty knights hell IN.
lscepire "the world" was a brave nr4
open oppiessor, but in fhis ia, When
money has become tho right arm N
power. 'ihc world has become q .nrak
thief presing upon the labor aud ID.
Idustry Of the people. When Senator
BA,srd begins 10 be ''appail. ~" at ths
trouble aud financial embarrassment ot
everybody. II means simply that the
terrible distress and suffering That tl,,
masses have endured for wears, II al la-i
hrin. fell IN ''ihc World, that j.. ID Ii. q,
sminenily select circle Of hs srsluaint.
snre known as capitalists As he does
not know Of any Other reason tor tni,
unprecedented condition uf lhinys. hf
bodily charges il I'd tile south Carolina
aud Louisiana ironblrs. Ii il 81 easy u
say the other feIio~ dill H." Hut the
decline Of business activity has beer
gradual. II dates from The h+ginnin.
VI Tie contraction pulicv.f a polite teru
for government pickpurkci. II com.
mcUcrh when secretary ctulloch IN.
angurs,ed his plan Of rohbinQ tie people
Of their money, that the snuncv of fhe
BANKERS and bond-holders might be an.
rreciatcd IN value. II ha~ been growing
worse ever since and will continue "a
grow worse undcr Shcrmans admins
iraiion ~ ihr Treasury PORTFOLIO until
a point i resched beyond which II will
not BE- safe 70 gosd The people. When
ille Americ~n people lose their temper
and turn ~ bay against the rascally mon
eyed thieves that have been driving
them 10 ruin. perhaps Senator Bayard
and his friends of the intrinsic ways III
be glad TO make liberal terms with
them. ley. Courier.