The Wichita city eagle. [volume] (Wichita, Kan.) 1872-1883, 1878-10-10
The Eagle c Gresnbacker.

Some OF our readers who have been
with US in sentiment, all the way
through the reconciliation and green
back struggle, evinced some surprise
that we did not endorse the speech OF
Elder Mitchell last week. In the first
place we did not hear Mitchell's speech;
( secondly, from his writings years ago,
we better understand his position
than those who heard him but for an
hour: and, lastly, we do not believe a
majority of the people who heard him
gathered from his speech his real SEN
timents. If there is slick talkcr and
n plausible ,heorist in this State. par
cxccllence, Mitchell is that man. lie
is afraid to tell his audiences what he
is after. but hides his fiat heresies be-
hind greenback logic. His logic is
sound enough, as rule, nlt his prem
Uses are utterly rotten and worthless.
He leaves his audiences to believe that
he is greenbacker, when in CONVEX
sation and in his writings he Is for fiat
scrip. that false, delusiye aud hollow
prctense which has successfully ruin
cd every civilized nation that has been
tempted, by revolutions or financial
cnbarrassments, to try il in the past.
The EAGLE is just as sound green
back paper as it ever was. II is for
the largest possible volume of curren-
cg commensurate with standard val
ues, for just as many million dollars Of
greenbacks as our coin possession and
national credit will bear, without de-
probation. We want just as much
money as the necessities of trade and
commerce and a coin standard will
warrant. Money is money and moth
ing else, and must represent values in
material or labor. Those who desire
deprecated fiat scrip or deprecated
currency, can have il for all the EAGLE
cares. but it wants none of it. II any
citizen of Sedgwick county desires
such trash, we can print them cart
loads for the cost OF paper and ink,
with the lie "7his is q dollar" all over
and upon every side Of it.
No paper nor party can afford to
abandon principle for popularity, nor
either afford TO mislead the public.
Tie theories of Mitchell, if carried
out by the Nation. would be exactly
the same as if Sedgwick county should
upon her own valuation of realty aud
personaltv within her borders, issue
scrip sufficient to wipe out her entire
indebtedness, to build all necessary
public buildings, 10 grid-iron her ter
ritory with railroads, to put up town.
shin bridges end district school houses
and then give to each individual in
habitant enough to fence aud stock
his farm. Just so long as the commis-
sioners, or other powers, could sue
coed in coaxing or forcing tie owners
of material and labor TO receive their
scrip in exchange. at its face value,
things would go on swimminely
enough, but the end would be nothing
but disaster to those who performed
the labor and furnished the material.
Ii Mitchelrs theory, or any Fiatists
idea. was carried out ii would be-
hoove every man to contract immedi-
ately all the debts he could by buying
real estate, stock and labor of every
description and hold il till the issue
of fiat scrip, and then force his credit
ors, under the law, TO receive the trash |
as good pay. If fiat money is TO be ia
sued. as these demagogues say, in un-
limited quantities in the next year or
two. as has France and other nations
in times past, any man with limited
credit can purchase ten sections OF
Sedgwick county. secure the present
owners with mortgages, and pay for
it within five years at an actual out
Law Of not exceeding a few cents 10
the acre.