The Lake County star. [volume] (Chase, Mich.) 1873-current, 1877-10-04
7 Communication.

/ s~ Communication. 7. =
Being firm believer in freedom
of speech; and inasmuch as there
no Democratic paper In the county
We give place to the following, a
the request Of the old and respccte,
citizen whose name appears bclov
-EDrroR. 60, ai
We propose to make a few OBJ
servations on the general situation
Of the people and the government
am among that number who be.
iieve in cause and effect, and it you
wish to eradicate an evil, you mus,
remove the cause. It is no use ia
battle with the effect, until the cause
is removed. aa TtfE
1t appears that the business in
terest of the country is nearly ru-
ined, and what is the cause; can any
person say, in truth, that it did not
commence with the imitation of the
currency? The government issued
about 100000, 900 dollars in green
backs, a large amount more than
was necessary to carry on the war.
And this is the starting point, where
all manner of wild speculation COM
menced. At this period, the rich
men of the country, together with
the spectators and stock gamblers
all over the country, concluded that
they saw q chance to get law en-.
acted by which they could rob and
steal from the masses Of the people,
legally; consequently they began
running down the value Of green
backs, until they wore worth less
than forty cents on the dollar. Then
it was claimed by the rich men and
their hirelings Of the press, that the
government wanted more money
for the support Of tho war, and IL
Congress would enact law to issue
bonds, not taxed, with six per cent.
interest, to be paid in gold, they
would furnish the money. It ap-
pears there was not much trouble
to get the desired bond law enacted:
Is it is well known that from 1861
to 1875, man could 60 to Con-
gress with an ass load of gold, and
many times with much less quantity,
md get any law enacted which
might suit him. Now let us see
now much and what kind of money,
the government got for this bonded
tebt. There is no record that the
government got any money for these |
bonds except gresnbacks; and near
y all Of, the bends were purchased |
With greenbacks when they werc |
worth less than fifty cents on the
lollar. And in this way they got
he bonds for half their value. And
low the bond holder is enabled to
i've on the toll Of others, untaxed. |
We call upon the people to 20 to
he ballot box and sweep out the
ools Of wealth now fattening upon
he vitals Of our country; and send |
nen to Congress that will repeal
hat edious bond law, law that, is
MUST, illegal and unconstitutional, |
nd should be void. We have no
'et view respecting tho currency
Which amounts to prejudice, but
you'd suggest the propriety Of re-
urning to- specie standard. There
no civilized nation, on earth, that
oes not have specie standard for
3 eurrency, except the United
'tatss. And we have nothing but
ne shadow Of things hoped for. 1t
ppcars ~ inc that if one half Of i,
ur circulating currency was gold
nd silver and the other half green /
acks, net taxed, and made equal
18th gold by law, it would be- al
etter currency than We have had
" q long time. II must be under
God that these odious and unc con-
;itutional laws we're enacted under
they had d ma