, 1877-12-10

uNu H4utESy VI tbU llDpN tNdL lIlgt U1At ECtll W
rouse The people to tho fact that they arc hcing
robbea nf hundreds of millions ot dollars by
theana 1f unjust Iegl.latlnn:
TnH Tribune 1f tho 18th of November con-
value Of history. III e.,n+tlerln2 this financial
tlncstloict ua turn t" !sstnry. md let It's pages
bc cur tenctIer. Almost IN the hrst page O:
written history IA presented the foe. That sf'.vr
VIVA useA as money. Certainly It waa 50 used
have any record the pnrcflate By Abraham Of
u burtal.placo for hts vile. On that page these
words occur: My Lori, llearken unto mo; tho
land y worth four hundred ehckeIa Of silver.
fore thy tlead.''-{f3ea.. g}-R5.) sacrcl history
Informs Us Of tile use Of silver as money
throughout nearly thc whole period covered
from the creation TO The cr1iyt1ion, which cr,t-
Of thirty pieces of silver pail 10 ihat rnriy
t'nnncicr, Judas. 1t is tr,tc that "tIstory re-.
pcats lttelf." Let US take warning mud avoid
tho rp1den rock which wrecked The Jcwtst,
o1r a: a. &ad u d. 2"p!S RDr s sas" fs f'Gn akar s
vessels were OF eof1, and all yesaeis were of
guild. and all the vesscls ot tl.o hoanu Ut the
forest of Lebanon wero q pure gold; nos.v
,yerc Of slvcr,-,!!s was nothing accounte! Of n
Again. "The King made silver 10 BE- In Jeru.
saIem as stonc."-{I Kiugs, 1871 Why was
silver as stottcs7 The auswcr Is. Il had been
hcHlonet&zcl. No student Of history enn doubt
AibG AAltt HUI CNl1 Aut 6luuGHl u uUu}L
tic rosult Of decentralization of slyrf IN this
country. The wrong: ahd oprosstons Of tho
Jewish nation are only now being rc-.nactcd
on! ~, expsfsnee,l PC de l,y our own people.
King made silver to be in Jerusalem as ttones.'
That IL 10 say, by decree VI the King silver wab
rendered yaluclcBs as n currency medium.
What was the result under Yo!omun'a s,,r.
ccssori Let history speak anl tel ut ot the
final division of the nation. III the light nf his
tory hnd in The very noontiteot civilization, will
the people permit the uajust conduct Of tho
ancient KinEs to be rcpeate'ta WIN they rrr-
nit thc public creditor Il! l'a rapaciy and greed
the Government never contracted to Qtvef Nut
withdrawing tic statement maltc by sIr. iIayes
Ia his messages to Congress, the iaet ren'atns
that the United States bonds heretofore issued
the uct Of March g. tss5, wers ,,ade ,,ay-
nb1e 10 coin or other lnwtul money.
This Is tho Inv under which tho bontis
were Issued, and oil puschasera Of suck, bu1sds
the bonds on their face, as part Of the contract,
disclosust the fact that they wera rnade payable
IN COLI Ut the standard yaluo Of the United
States ~ force Ut the time tho law authorizing
peculiar IT any} Influences, anl how many ot
thcmt wero brought to lIear by the New York
and Boston bankcrs' delegation to mold the
sshyloeks' ahlell known ns tbs Presidents
Message can nlyremain Q matter of conjecture.
good ot only ono clnss III thu community Ia
sought,-the mobcy.iendcr. Nav, tic facts in
regard to tho lpcurrfng of our bondcd debt arc
about Is follows: Tho bonds authorized by
CONGRESS TO b. issued were, as before
Of which wc Ind at that time, aIil until the ah-
sage by Congress OF John Shertnan's and bcy.,'s
bill in 1873, TWO kinds, gold and stlysr-sfivet
largely proaominatinx. The lo',ds wcra sold
ago about 60 cents per dollar nur yaluc. The
bDndholucr Immediately 0u his purchase being
lnnlc became entitled to draw scInl-annual In
tcrcst In con ou 100 cents, whep hc had ouly In.
vcsted about 60 centsf thus drawing interrst IN
nearly double the amount invested. What
ncxtf A. understand the matter, he cosisults
Mr. Heyu, Of London, who comics to America
and secures tlae ct-upcratton VI our prc&c,lt
who works bIil through TIC senate bs wi,ct
more than onc-l'alf OF our means for payinx tho
national and other dcbts are Bwept away.
The case presented Is precisely as though
Smith l,aa a sontraete1 TO pay the !eEal holder of
not being speaaed. Tho creditor concludes
TINT he will take wheat -four. Smith has tnany
Other. outstanding CONTRACTS Of slmi.
lar character TO tho ono mentioned, md
e e s5sao5s eayaufs.s fsgsae 'o III ' sko will Moss ss
flour In payment Of their demands, they there
fore procure seyl and Sherman to " snatcl, " q
hiil through Congre1s 70 prevent sls inn'',tfac-
tnsc q r. " any Ilour other than whcat::
What Is Tug result Wheat l!olaf Bcorve aud
in9elly he!u " tho sFcaitor' roor smith. tho
debtor, must have tho wheat; True, hls contract
was to pay III nons, but Congress hns taken
away ino means o. procuring any aouF oshcr
t1an Whcat: Rye, Whcn the contract wns tnattc
and when Congrcss passcd tue low prohibiting
its manatacturs, smith had IN abundance, and
could co. hare tel,de5ed i IN payment Of the debt.
" reason ot tue !aw re- u m no longer merchant.
anlc,-bY reason Of tue lay thero ta an crtraor-
dinaty demand 1or wheat Hour, which, II pur-
claseu ny e1chahgo tiicfet0r 81 other property,
can bc had {ae COMPARED Witl Tho intrl'lsie value
Of sa!d other property before The passago of
eaaa iaW) ony a. rulhonsly exofnitant rats.
IN othef wofds' ~ tho passago ol TUG law the
syS Moos. w"sn s1n.a nafo oeen tenasseu anu
mnscn w. H. u et Knr ss tn necao m WORTH
.sss. Soa ''u mug a@o 'Aaa' 1'9s " oe III 'e'
'usaaen, M.sa ~ !. stU,es I,, ...u.,.,u ,,, A..
Money nat t, tepsese"sat'Se sr ! = o. LABOR ~
soMu .... .! ~, ~ sI,anus % aosMs' amu ~ ehnet!y
au!ust !na. ,,,s ws person eon.aacts ~ Pay III
psopu..J. Ssmssar 1aua pEopetsy u aiso nnt
aaa ,stat,i,t Il H. .nna tonsss m sila.i
step IN anu ptontul1 tno payn'eat O. tne aeot IN
auy psopca13 .ase ulc ann' t4onsatu ~! men
~ H. epnmay uIsn sont[as. ~ Ely a,Uu nntses'
lHey h9Vo tHt Aolses 10 !unke tAo payment WItut