The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1878-10-31

L
| wanted, was ridiculed as the foolish outburst
| OF = maddened opponent to plenty of good
money. The Greenbackers proposed q money a.
abundant as in any other civilized country.
By it and with it, good times would como.
Fears of the commune would disappear, and
threats of civil war would be as the merest
breath. 9es8
TWO NOTES.
The speaker then took two notes from the
table and said, have here two bills, represen-
tatives of the currency Of the country, the
the same in size, in color. made Of the same
paper, printed in the same place in Washing
ton. born from the same womb. They are
Esau and Jacob The national bank note Is
the Jacob who wants Esau to sell his birth
right for, as Mrs. Darlington says, mess Of
potash. Laughter.)
Of the note. said the speaker, there are $780,
lOU,O OO. They are part of the national debt;
If destroyed, they replaced by bonds;
If lost. the people lose them. Nobody
ever made q cent out Of the greenbacks; there
is no steal of Sl3.OOO,0OO between them and
the government. They are backed by SO. 100000
people, and the wealth and resources Of our
nation. They are the pledge of the nation
they need no bonds to secure them. The
speaker then recalled to the remembrances OF
the old soldiers how the gold and silver
as it does in all emergencies, gave out, and for
nine long months they waited for their pay.
and then were given it in the first issue Of
greenbacks. (Applause.) It saved the life OF
the nation then. (Applause.) Yes like Moses.
when he struck the rock and the outpouring Of
struck this financial rock prosperity poured out
upon the land and made it bloom and
blossom like the rose. (Cheers.) Such
prosperity was unparalleled in the history Of
this or any other country.
Taking up the national bill, the speaker
said. behind it, around and about it are 1900
national banks with their army of presidents,
cashiers, tellers and-debtors. They were
powerful organization, supported and sustained
oy millions of capital. How powerful. he
illustrated with this story of Presi--
dent Hayes: The President took up
greenback note at Madison, Iowa, =
81 note. and holding it aloft, said, this
piece of paper cost one half cent to make it,
print it, etc. Its intrinsic value is therefore
only one-half cent, yet it is marked ST.. Why
not make it 300 or $1,000, it would be just a.
we'll. Now, if somebody in that crowd had
held up 81. 900 bond and said, this paper is
worth only one. fourth of cent, and
a cent, somebody in that crowd would surely
have cried out, ''Sit down you FOOL and right
ly too. (Laughter.) But they couldn't
say that to the President. (Laughter.)
The fallacy and sophistry of all such speeches
about the greenback was exposed when it was
IL
auction of greenbacks at the Presidents valua-
tion would be greedily grabbed at. I would
| take part myself sufficient at least, to pay
off the debts about which the Dispatch 10
troubled. Naughter.) Taking up the Ma
| tional bill-this bill has wealth behind it, .
mock 1t, and not the United States
money, this poor, fimsy rag
baby offspring Of the nation
delivered in the throcs of dissolution almost
| Applause and cheers.) There's no steal about
it, between the people and the government. A
| steal is always respectable, if big enough.
(Laughter.) IL person steals little, he il
sent to Jail; if $4,000, it is called embezzle-
ment; it 1000 it was termed a defalca-
ton. Qaughter.) And if 81 ZOO, 900, the at
fair is spoken Of as a speculation. Long con-
tinued laughter.o And there is speculation in
| the national bank currency. Thirteen millions
of speculation. (Applause.)
| LITTLE STORY.
| The speaker then further illustrated
his argument by relating Mark Twain's
story Of Maginnis, the school teacher. Magin-
mis- asked for raise of salary and was hooted
at. He robbed bonk Of $500, 200 and COM
promised for one-half. The speaker related the
haughtiness and scorn of the treatment heapcd
upon the school teacher, and the suavity and
JUNCTION with which he was met and treated
when be could compromise in his little specu-
| latton. Mark Twain never wrote the story
| better than it was tOld.) This, said the speaker
gives vivid picture Of the difference between
honest poverty and wealthy rascality. Tha
national bank bill had wealth to sustain it
it was highly respectable.
RESUMPTION.
He then alluded to the resumption act, and
asked his hearers if they knew the full import
Of the act what it contemplated doing, and
| hat hul -
burn up every greenback in the country. The
speaker dc6ed any Repub lican TO deny it, and
he had at hand the act itself to produce and
| read il to their utter confusion. Already, said
be, S22.OOO. 600 Ut greenbacks have been de-
stroyed by this act. What are these grecnbacka
replaced by5 BY nationsl notes; Gas, OOO, 900
Of them have been issued instead Of the
national notes are redeemed in greenbacks.
This poor, miserable rag-baby, money. If thu
greenback II the shadOw Of shade, valued a
one half cent. what in Gods name il the
national note worth? n1aughter.) It must b
diluted beyond the resemblance Of color.
HOMEOPATHIC soUP.
II reminds me of homeopathic sonp. Homeo
pathic soup il thus described: Take skeleton
Of chicken. which died Of starvation, hang Il
no in the sunlight. let the shadow fall upon Z
pot Of water, and boil for two hours.
ltA0UBosGksJ AuGu KlvS xU0 U8t1SUl
teasp.onful every four hours. daughter.
And be sure you don't let il 20 to the patient
bead. Laughter and cheers.) Yet fnr tbes4
national notes the people pay ont Oh, O0O. 00Q
annually. besides the interest charged y0u on
the same money loaned over tie counters Of
the national banks. The conses - nee il that
bank stock il worth e1.S0. when aIl other In.
dustf1es are suffering paralysis and collapse.
He occupies high vantage ground, the bankes
does nothing. Hisposition was likened unta
II man who Wa pmnileas On the
banks Of tho Missouri river. HI
was contemplating the wisdom Of throwing
himself IN the wster " going to work. either !
dreadful alternative to him. inst then he oh
served that . lot Of drift wood was fostinG
down the river, and Il the same time he dis.
covered several daTkies baking in the sum.
mer's sun. He lounsed mp to them and asked
IT they wanted : Job. Yes they readily ~
piled 'tOn shares" said be. .sYes." AMIN.
Well the, you fellows just get ont in thai
river, catch mp thss drift wood, bring ii
aAhore and pile il up - coed wood. aud ]
will give ron half the proceeda
Of the sale IAnghter.D Manifestly ths& ms
waa nssional banker The banker occupies 7
position between the people and the govern.
ment. receiving frOm both and giving . pesth.
e. The man got half n The proceeds. anA II
negroes did III the work. lLaaghter.)
II HOw rMI DA1Es 11xx0 THEN 10 LUK1u0.
The power Of Tie national haols and thai1
indssaes ~ further shown by III soeriAes q
0oEhs0, the eeereensy u IL Repahaienn Ccn.