The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-10-04
THE CREENBACK CATECHISM.


country
A. Abraham Lincoln.
@. Who saved the Union?
A. The Soldiers.
@. Who robbed the Union!
a. Bondholders and money-grab-
bers.
@. What paid the soldiers!
A. Greenbacks.
@. What clothed and fed the SOL
diers' families?
A. Greenbacks.
@. What paid the farmer for his
produces
A. GreenbackS.
@. What paid the laborer for his
time and muscle.
A. Greenbacks.
@. What bought the bonds
A. Greenbacks.
@. What were the bonds originally
to be paid in!
A. Lawful money or greenbacks.
@. Who changed the law to pay
them in coin?
4. Agents of the bondholders in
congress.
@. Who opposed that change!
4. Agents of the soldiers and pro-
ducers in congress, who were in a
minority.
@. Are there less laborers and pro-
ducers than bondholders and Shylocks!
4. No, but money is king, and the
people were blinded by false represen-
tatiOns.
@. Who demonetized silver, and
Disseminated against greenbacks
ROupit IN cOnCrpSSmen,
@. Then who are the genuine rupu-
diators9
A. The men who hold the bonds OF
the country and controlled, by the use
of money, her financial course, because
they have repudiated their contracts
twice.
@. How
4. First. in 1869, by new law
making the bonds previously issued
and sold for greenbacks and payable
in greenbacks, payable principal and
interest, in coin. Second, in 1873, by
d law demonetizing silver, leaving the
bonds only payable in gold.
q. Why did they do this!
a. Because gold was less abundant
than other money, was harder to get
and. as the greenbacks were only ;
partial legal tender, gold would be
worth more to them, and they coult
speculate on it at the expense of the
people.
@. Who want specie resumption!
a. The bondholders and other mon
ely spectators.
q. Why do they want it
A. Because the people are IN deb
to them in various ways, and they ar
secured by bonds and mortgage
covering the whole country. Wit
enough greenbacks the people cOul
pay these debts. \ specie basi
necessitates the reduction of tn
greenback circulation to an amour
equal to the gold at the command G
the government. This is taking ava
the people money SO they cannot pa
their debts. When they cannot pa
their debts, their property, whic
they have strlven for years
accumulate, passes into the hands
the men who hold the bonds an
mortgages. and they would rattle
have the property, which they get fC
half its value. than the money owe
to them. They thus become tt
landed aristocrats Of the country, ar
the people who labor and produc
become their tenants.
Q. What is money
\. 4 medium of exchange authO
lied 10y Il government.
@. Is gold money
4. Not until stamped by the go
eminent rs such.
q. Is silver money!
A. Not till stamped by the COVE
ment.
@. Is paper money
X. When the government STAN
it rs such, equally with anything ell
because it has then the same purch;
ing and paying power.
q. How. then. is gold better til
paper. as the bondholders and natiol
bankers say!
4. As money when. the paper
full legal tender for everything IL
gold is, they are at par. and will
continue SO long as both answer
same purposes. Hence. gold is
better than paper money.
Q. Why is not a gold basis desi
BILE?
4. Because there not gold enol
\ in the whole world to do the busin
of London alone. and what tlere
SO scattered over the world that
United States could not aCo.n--nu
enough upon which to base
requisite volume of currency,
such gold basis would be "hN
lie on the face of it.
Q. Is any other basis as good!
y. The basis of the entire wealt
the nationis better. because 1T
the form of property real, and per
al. OF farms. and mines. and for
and homes and factories, which
not be carried away and WI
possess an intrinsic value equal
fourteen billions of dollars in gold
gold basis could not and never
been permanent. because the go
constantly shipped abroad. and "
the country becomes drained it.
specie basis ceases to exist, suspen
follows and panics are the newt
result With n Oarmapnnf bocic