The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1878-09-05
WHOLE NO. 217
GREEN.BACK NOTES.

IA
The Nationals are flooding New
York State with campaign documents.
The North Carolina papers an
nounce quite cody that .sthe victory
for the Democracy was not so COM
plete as anticipated
The party in Connecticut is young
but vigorous, and if proper efforts
at organization are put forth, will
poll a large vote.-Champaign, III
Union.
Prospects are brighter for the
Nationals to elect their ticket in
Kansas. The people are tired of the
hard times that every sensible man
knows is caused by Republican mis-
rule.
The Greenback movement has
broken out in Georgia. Eight clubs
have peen organized within three
weeks in Atlanta and vicinity. Both
races are going into it.
The Greenbackers of New Rochelle
propose holding mass-meeting at
the Town Hall on Tuesday evening
next. John J. Junino and George
George Blair are announced as
speakers.
The newspapers say that majority
OF the Nationals of Mississippi are
colored men. Very natural. A
majority Of the workers of that State
are colored men.-Indianapolis San.
The National Greenback party is
going ahead finely in Texas. A State
Convention OF the party has just con.
cluded its labors ut Waco. A full
State ticket and ringing platform
was placed in the field.
The trade dollar now passes in most
places for but ninety cents. This.
Notwithstanding it contains several
more grains of silver than the standard
dollar. 1t lacks the fiat and won't
pass
There is one other way to have an
elastic currency, Mr.. Butler: Let the
United States issue its own notes that
can be controlled by the people and
not by clique of bankers.-Green-
back Courier, Providence. II. /.
The National banking system is a
failure and should be wholly discarded
by the people. 1t IL impossible to use
dollar for two purposes at the same
time. You cannot loan it and still
keep it to pay depositors.
According to the New York Times,
the Greenbackers will poll at least
two thousand votes in the Fourth
Congressional district of New Jersey,
and one thousand, perhaps two
thousand in the Third district.
Montgomery Blair thinks that the
Maryland Nationals will develope
considerable strength this fall. He
told Tribune correspondent that a
majority of the party there were
Nationals. but the correspondent
thinks different.
San Francisco Post: 1t was recently
stated at Chicago meeting of the
Nationals that 800 papers of the
United States support what is termed
the Greenback theory of finance.
We are disposed to believe that there
are more friends thereto than foes,
even in California. where no paper
has yet distinctly championed their
policy.
The Nationalist victory in Memphis
for such it appears to have been, in
spite Of reports to the contrary, which
do not deny that the so-called In
dependents went into the fight under
National colors-has created some stir
throughout the sScuth. Tennessee
politics are apt to take their color
from Shelby county.
Mr.. George A. Butler, a banker at
New Haven, Conn.,, evidently sighs
for the '.good old times" when banks
Of issue could put out their notes in
immense sums and draw interest on
them. S5O0,OOO in notes to s88.l6 in
coin. a la the Gloucester bank. In
the Bankers Saratoga meeting he is
reported as saying: 1.-The only way to
have what is called an elastic currency
is to abandon the national system and
give the banks authority to issue
notes unsecured.
Here IL specimen case Of the ine
justice that leads to discomfort and
strikes, quoted from the Western Ad-
vance:-''The business of the Chicago
and Northwestern Railroad for the
year ending May 81. 1873, was 81. .386.-
2s0.6g more than last year. Let's
see. Was it not the Northwestern
road that reduced the wages Of its
employees last summer But the
Northwestern may belong to the
bondholders' commune, and probably
wants all the profits
On the subject of gold basis, the
Messenger, Of De Soto. No.. says
1T has long been known to able
fnanciers tbat the gold basis IL alto
gether too small for modern trade
and manufacture. The steam power
has increased the products Of all ciyi-
lized nations more than fifteen hum
dred to one, within sixty years past,