The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1877-12-14

Nlen ihs msssss "A ths people ~
vHl "A sltia, sHA hs~ snrnrs y shri,
lsewksis strseTssins shtis nst ssstles
rssuinws, shsn There ~ill W. ressns
nens revival N hnslar.. snd rrv~ress',
snl nns h~irw The ,li.arr*assare II
lhr rttm,am W. rpltl will ne, l,sine Tstul
samr. inss~~a n paying lahsa sael
~s~ns ~sil invs~aw the hntlen III ithss
anil tNarA.
lkiotr The ts.srle can hasr sasplna
tnpney IN lhris r,~less ,hry mns. rstn
II, and lw allowed b. hsvp |, anil nsr /.
alter they IN esrn n. The following
tnsasnrs arr tserv~sAFy b, permanent
revival N hnsinesa anil industry
|. NslwAi lhr lsesnmpsion ars which
Serha NJ N~vtmrlish nj impnsAihle ahh
,,nnrer 4nry thing. ani stnp contraction.
1'lr thfraf N frAnnpsion anil sl.s ean.
Ae0uent contraction III pfiws, rrs sstn,s
The Investment VI what little money
there N lii The enterprises that wuuil
employ iiie lnlnT III the connlty, nn,l
Mid ~ The general wealth AMI ability "
pay deh,s.
a. Hntsiitnte full legal tender tloycrn.
ment paper muney fur naiional.banl
nolcs, thus securing better paper
nnney, anil nj The snme timr rnnrrlling
EjtNl. ono ,hn nj TIN bonded ,lrlt, anil
alone, about siH, ,On. Odl year.
u. Fay OF In gfeenbarks risl bombs
as wcrr hy thc original contract ma,le
payable III grcrnharkr, alitl thus save ~,
additional esiO,tnD.0O0 Of interest nnt,i,
ally.
|. lsemonetise silver and i~ruc fnll ie.
gal.sendcf Government paper money to
bny silver bullion, roin tlla bullion on
Government account. aud pny N with Il
Hmeh bonds M arc payable II, coin nlid
subject 10 call, and purchase nni enneel
such bonds m arr not subject to call
d. Issue eStDO, OO0. nj per cent In.
teScOnvertibls lAwful.monry bonds In
small denominations, In whirh thu work.
Ing people may Invest their savings,
which will thus absorb thu surplus
money, not needed Tor legitimate bnsl.
neaM. prevent fluctuations In price aud
put tho funds of thu poor where Chris.
ttan sAvtngw.bank Presidents cannot
steal them.
n ihcsc propositions look too formids.
hir aud imply a great undertaking, IL In
Oply becatisa WI have done NJ miirh and
gonc ~ lAr Ia tho wr0ng direction. hut,
II we don't 10 this, what will w do? II
N ID or die. To cai0le oneself with tim
blind belief that good times will come.
debts bc paid, industry revived, and TIM
people male happy BY some mysterious
anil oeenlt process, known only % = -.
lect few professional iinaneters. II 10
believe H.. The recent report
II thu Silver Commission eMiimni u the
total indebtedness III this country NJ
about ei3, ON. INN, ,tt)D Thirteen M.Dasnud
mitii0HS NJ d0iiarx). This IL morf thnn
Unr.hn,f fht y,vesenf cn1h y,vica " MI
He l,rbj,srfN, re1i and J,erxguai. IN ~,
fnlked NfafeS. Think III tint will yen
One.tbirl tlie working people of this
country, ny wlin~e muscle md energy
thrse laIts are to be paid. ii ever, hie
either lilo or working on halfiime asi
little " no wages, Think III That Tho
annual interest nn that indebtedness M II
estimated 10 be about III nm. .isAD. .ODo
f1ue HDnsa0n miiliDnS N fIgtiuys), or
~ much 4. the earnings ~ Mres MN
i1HA NJ Hsn, tho yrar round NJ NJ i
lay. 'Ihink ~ tIlat, too' That IN only
the ANIMAL interest burden. 10 say moth.
Ing " the additional labor necessary
10 pay the principal. Anil 10 not forget
that the 10scailed resumption II spreie
payments will mi pay !. single farfliing
u this indebtedness, nor rediir. llH Lnf.
den by u single feathers weight, hut. on
the contrary. .ald immeasnr 'l,ly To tl,ai
burden.
There Ii no comfort In the reflection
TINT W have Ind hard times in thls
eOnniry before md survived ti,cn. The
.lrbtA arr thu great obstacles m present.
There were hanl tiines In lsl0 and '57
and II ether times; Int there WIS iitile
~ M debt nor taxes. There were ~
railroad debts then. There wsn hut lii
tlr Government debt then. There wetn
no municipal debts then. Hnd taxeH wsra
hardly fell, II Ii nos 10 now. - fndiau
0D0fi1 MN.