The Cairo bulletin. [volume] (Cairo, Ill.) 1872-1878, 1878-02-05
DIR Bnlleiin.
OUR WASHINGTON LETTER.
Matthew silver Resolntion-The
Nillionaires and the Million
X patriotism the Last Re-
sort Of Scoundrels."
what are the Remedies for Present
DEMONSTRATING Trade
Relations - Internal
improvements.

8v u0t al q tk1C AsS $ASS 49, -
Distress-Extending Trade
Relations - Internal
improvements.
WASHINGTON, D. c., Jan. 20, rs.
The lincal descendants Of the same |
money characterization Christ scourged
rom the te,nple at Jerusalem, are now
.een In the halls and corridors OF the
white House and the Capitol, loudly de-
$40 In gold for every 80 PAID
,or their bonds. The senate, as you
have already learned, has passed, by an
almost two>thirds vote, tho Matthews
deelaratory resolution that silver Is
part Of the legal coin Of the country, and
must be legal tender for all debts. The
sentiment Ia favor OF this measure has
grown to such a power, and the con>
victions of the people have become SO
strong and universal, that 1t is considered
little less than madness for the president
to interpose veto on the Bland silver
bill, which Is likely TO pass BY even
stronger majority. The west and south,
the great producing division Of the re-
public, are almost unanimous on this
subject, and factious opposition to their
x,ill BY Z syndicate OF money kings ls
liable to culminate 10 popular revolu>
ton that will make eastern millionaires
glad to get back what they actually paid
for their bonds. While there Is no dis
position to repndiats even dime OF in
aebtedness, there lisa determination to
pay no more than Is called for in the
bonds, the coin of the country. not gold
llone, but gold or. silver at the option Of
he debtor.
TIN, MiI.LIoAAIREs AND THE MILLION.
The contest between the producers and
he accumulators OF wealth, Is assuming
auge proportions and mos. threatening
0pect. The legislation and financial
,ollcy Of the last ten years have tended
lirectly to make the rich richer and the
Ioor poorer. BY the process OF contrac-
Ion the rich mans bond Increased 100 per
snt., and the poor mans property lost
lalf It, value. The government bond
hat cost $500 In coin ten years ago, Ia
low worth $1,000, and the mechanics
ottage that was then werth 81 900. would
ct sell for $500 to-day. In consequence
( this suicidal policy. the country at
biz moment presents the strange specta'
le Of a great nation overburdened with
realth and yet suffering from destii ution.
to granaries bursting with corn and its
warehouses filled with The fatness of the
and, while three millions Of people have
cen driven out Of employment and
arned into q mighty army Of bankrupts
beggars. The industrial interests Of
as country have been crippled or ruined.
iultitudes of enforced idlers ask for
read, while their families are reduced Ia
alf or quarter rations. or torced.to tina,
st resort Of starving poyerty-tho soup.
ouAe. While banks. merchants and
lanufacturers are daily going into bank
sptcy, the mines are unworked, the
lrnsec .fres extinguished, the machine
iop silent, the factories locked up, In
astry psralyzed and enterprise dead.
IMPROVEMENT or THE MISSISSIPPI.
The grand remedy for the present dis
se ot.the body polite Is to inaugurste
I'd vigorously. prosecute such grea
orks Of public improvement as will pu
oney into circulation, give employ
,,ent TO the idle and bread to the hungry
q foAipsnt smongst such measures Is tn
sproyement Of navigation on the Misis
ppi. The able delegation now her
pm the ST. Paul river convention, ar
hing noble. and efficient work In thi
after. They have already secured til
usage at ~ act sppropriatiug $40,
ioto1a expended during the presen
zeal yesy, manly In the work Of snax
Aats, removing temporary Instructions
icy ieel confident that congress vii
IKE . liberal appropriation for the per
nentimprovement Of this great AFTER,
commerce. As bearing directly o.
n