, 1877-12-10

atvocary, hts lcfcat would not lave affected
him, since 1t would have bcen referred 10 thu
standing AZ he does, prolonxlng hclnsh con-
tcst, tho first disaster Is ILLS ruiu. nun makes
a mistake wl,crt lie priugs Ills own Importance
into question. 8. II.
A EA1asIEn's VIEW or HAYES MES
SAGE,
10 tho Editor oi The Tribune.
CHAMPAIGN, ILL.,, Dec I'll started laat cycn-
ing to read President lIayca' message, anl read
through that portion relating 10 finances, whcn
threw down the paper III disgust, 1'could not
believe 1t possible TINT mai whose immediate
ancestors had bravcd tho tardsllips Of clearing
and scstftnG II new country, and who htmsclf
must know something Of what Western people
hive Ind TO contend with, should deliberately
hnyo abandoned that large clasa. a1id llave yield.
cd himsolf to the control Of Tho money power.
It seems, then, thut the Establishments Of the
money mcn OF Now York aal Boston have had
their effect.
It would certainly seem that this money
power, which has controlled the Government In
alt It's branches slnco 1Su5, Is determined to
drive the West to obstruction. There Is d
great crv frequently raised by thcso men
plan can be fund by which they cAn he avoided.
Can au instance bo foik1d WHOM INV Western
State Inns passed ta,s after tho Issue md sulo
Of bonds. tmpatring the!r sol'dItyl
o no, for TINT can't bo done: the law forbids
IT,: Dy what means, then. can the law oe chang
cd by yvhfcl. q farmur who borrowed Eastern
capital in 1879 Or 1873 In greenhacas, say at
81 cents. H. now compelled to my 9711S cents.
md in 1871 will uc compelled to nay EMr In xoll
Tho case Of the bondhoider who took his bu'ias
at from ID tn " cents In Erccnbacks, and who
now demania gold, Is st!tl nlure inexnlleab1e.
May IL not ho tho tact that tho Eastern capital
sts arc teaching Western people these quas! re.
Ia, TINT 1t Is no moro than right to avail oneself
Of all legal defects, wnsn they can bc used to
defeat the payment OF bonds Issued by muntci.
nal corporatonsl It Is no secret now that capt.
tnl!sts have united In pruepring logEslatlon
from Cougresa tlaat lias added tnilions to the
debt OF Western people. Is 1t any wonder,
t|ion, that Western people should, when thcy
can lawfully DO 40, avoid thc payment Of . mn-.
Injured buyct Of bonds makes q great outcry,
Of course; talks Of The mural duty Of pay!ng,
whether the collection Of tho bond Gnu bo legally
enforced OF not. In my opinion, all bon1s iairly
tho hands Of an innocent hol1er, even II legally
Defective should bo paid. Hut I apprchenu
that tho present evident determination to ruin
Western people Will produce such n sentiment
Of hostility that every ana al means VII 10 re:
leaBt prospect OF SUCCESS Is presented. And,
should this feeling 0Eow and finally result In
such state Of afIa!ra as predicted by Blind,
very certain: tllu 1aborlng .class ot this
s9p'tsy al wo n ava to sa wor aSG's Vii nssss ssss
consent to money arstocrncy growing up to
become privileged class: That thing has been
here.
President Irayos says speedy resumption Of
speciu payment will espccEally help ati persons
rcgcivtnR sasartes, OF co9rso ltw!ll. 1t will
little 81, 4,1G6.B per mouth which the President
hirnself regularly draws. It will also csperially
help every other servant of tho Government
fo cao,aet 3 o,eer
lowest. Thu President, vii lis snug l!ttio
salary OF S50.000 ucr anllun in gold, anil all Ills
Cabinet otflcers With their salaries In gold re.
cciycd beyond liability u loss by fuiluse Of
enjoy everything that money can buy. whilst
tiiu farmer, tho ,oborcr, tho railroad cmploye,
must forcgo the pleasure Of buying cve, q
calico .lrcss for his wifo. II 1t 30 said this Is
tie farmer OF Il'iuols bus paid 10 pur cent Inter
est In gold OIL Ills mortgages, sent Ills corn TO
market ut present prices ga cents per busheal, or
pruspective prices, lived un tho pialncst food,
ury, nnd par.aps even sultablo clothing ana ncc-
essatlcs, whit, II auything, will ti,eN bo left
These Western people will Inevitably notice that
President Hayes will, .lurlnR tho coming winter,
kAtG AEAH1 EslkQttAiu4hEuI9t NO 0GAt Nloilt Al1
bcforu him, when d!ainoiIds will taslI and royal
apparel will Haunt ttsuif No matter II thou.
sands are ground to powder by tbs pondeEous
noney power.
Tho President says that the resumption OF
specie payments 10 1870 twill doubtless lead to
slight Distress" What would our ''lreat Fn-
ther call great dstrcasf Is hc perfectly callousi
HAS he no fecling3
Hut some onc will say, ii Tildcn had alled tho
Office Of President. would VIC 'laye been any bet.
ter Dt{i freely admit not d lit; and most
likely worse. Az long Us tho people Will allow
themselves to ls controlled by the words tHe-
publican u and democrat" so lobX will these
inuueyed 1ncn control both parties; and never,
ttll tho people, elect Q Congress and President
Of thelr will they bo IN position 10 d:a.aHd
and sn}0rrs their rights. They simply ask Tor
Justice, and less than thai they will not accept.
Tint tic ucssagu 10 unfair, and inaccurate III its
bonds constituting thu public debt, TAa TRlH-
uNH has uIost clearly shown. II gives u1a great
satisfaction to sec the luauly way III which this
whole Yueation has been treated ly THE TRlD-
UNI. i u very evIGcnt that none Of the
hlandlslnlents or other neans rcsurtoa TO by
these uIcn have rendered THR TRIBUNE dlSl0yal
to the great industrial classas OF the West: