The People's vindicator. [volume] (Natchitoches, La.) 1874-1883, 1877-05-05
The Issues.

the lNDl\ ALVIN, b'th -
and National views. We are glad
TO record the fact that they fully
understand us. However as some
friends are disposed to call us TO
account for what seems to them
"a change of base" we Snrr'nctI\
state oar views upon what we
consider material politics, and
which we believe we should street.
" and severely indulge in.
The money question, as we have
often said before: will settle it.
self if the fire of legislation hr
withdrawn from the pot. .Cnrrrn-
cy is effected and regulated hy
natural causes alone. It's volume
NAV be inflated by balloon sp"cn-
l,tions, but in the end, when these
explode, the level is again attain.
cd and no human agency can
avert it.
In that contraction which does
and has naturally followed all cx'
nonsions. when coin, the basis OF
the circulating medium is sought
many drcamcrS are left high ana
dry on the shore. These smashed
banks and individuals are hcId up
to the world as the causes OF con-
traction, when they are really
! nothing but Che effect of expansion
The National Bank system has
r. some evil points in it that may Ne
: corrected in time. but as a WHOLE
. they are safe institutions for the
" masses. as their issue is sure to
;r be redeemed by the National
Government, in ease of failure.
Il the depoSitor in that event being
T. the only sufferer. What the peo'
l. plc want is a safe circulating me-
e. {; dunn. and they must have 1t IN
n sufficient volume to meet the "rc
ouiremcnts of tradc.' This hcln!
as supplied by National banks coin
J" and the ability Of the government
~ at any time to advance means II
n 40 meet stringent cXigcncl'S, Wh'r'
>; are not likely but do sometime
~. occur. by advancing the interest
tn duc on bonds. The currency a
" present is in quantities only wh'r
: the call for it exists. In oth'
words, unless we have supplies t
". meet demands somewhere e'S'
we will have no money, good
~ bal-we deserve none, IN 1ac
At this time we are III situate
to saw that We are we'll Statistic
with the money questi"n-t"'
orcss;onol birkcr having ccasc'
v it has regulated itself:
The tariff question is one IN
we should take lively int're
=, in, as certain of our product1o
are, in a measure, affected by
av" notably sugar. We are not r'
E's tcctionists in the fullest sense, II
are we in favor of the other
'er trcmc. 1t seems good policy
III. enact a tariff which will yirId
- sufficient revenue to meet COVE
mcrt obligations and wants, a
at the same time protect IN q me
.u. are, not to the extreme of mon
uud- olizinS such industries as E''
xduu pcan competitor would dcStr
IN. and which it is essential for
prosperity as a people and a
nuxt protection to the ]aboring elias:
,rHI to encourage and foster.
uspr Public improvements by
general government is our str
- point. We arc cmphaticalIy
ola favor of that class which
this benefit our section and PEG
real We here speak from y stand p
ny all OF intcrest-and no man will Il
p"0' that upon the successful term
10 0' ton of government aid dcpt
: r" much of our future welfare
nr w. greatness in the South.
&c. The Mississippi Levccs and
. Southern Pacific Railroad;
lines of steamers from New
( leans to Sonth American p'
.@ the improvements of Sont
VkX harbors and rivers, arc cmlnt
w essential to our prosperity, DO
!, ! a section and as individuals
Southern statesmen should
themselves firmly upon thatp'
ull as -, 49,, ,,,.on ,,,d o,n
achiue W. .'~ :, - u,.,, -