West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1878-08-03

gSJs in the and, but the bondholder Is
secure; he has mortgage ON the water
power when The mills are gone. upon the
lands when the fences have floated 70 the
Gulf. When the merchantmen plows
the ocean to bring wealth nom OF er
lanus. leaves his money TO pay for out
ward bound cargo TO be taxed like other
moneys and sinks his homeward bound
cargo in the pe,ils Of the sea. the boud
holder consoles himself that n, has lost
nothing, that his interest rcceteS moth.
ing in amount and his bonds dcpro ciatC
nothing in value.
Evcn the spoculator. the cold -blooded.
heartlesS speculator, installing his chau>
ceS in the mcnopolizntiou oftood and raj
mont of the poor, loses his fortune IN The
sudden changes of the market and fills.
when the bondholdcr breaks ont in a
hollow laugh and cNclaims, Markets
aud al! belong 10 me. Noditfrrcnce who
starves OF who freezes, get my interest
and these people must pay their taxes. ''
The bondholdor sends his children to
school but the property holder pays the
taxes. He drives his magnificent car
iiage over the roads ladoned with his
privileged family, but the man who
drives the dny. the two horse wagon
and plo IS the land. pays tho taxes. The
boudholder charters his conveyance and
pays no taxes. Magnificent public cdih
ces are reared for public schools. he sends
his children to school, but from his fun>
ded public stock pays no taxes. The
thief who steals his bonds is arraigued at
the public expense but the bondholder
contributes nothing 10 tho payment of
the expenses consequent. No other
such moneyed aristocncy now exists on
the face of the carth-nope such ever cx
isted anywhere else before. Tho Roth
childs of Europe. the Astors OF America.
the bankers, brokers, a nd railroad toic
graph, steamboat and great roal estate
owners of the world have to run their
risks OF trade and perils OF enterprise.
Counties must keep up their organizes
tions but the bondholdcr contributes
nothing toward the payment ofexpcuscs.
State governments hust exist 10y lcvics
upon the laboring people, but the bond
holder contributes nothing. The bond
holder is IA gentleman dressed in purple
and fine linen aud fares sump;uously
every day. Eaca returuiug half year
brings his semi-nnnual income. TIE
bondmen are very different kind OF pen~
pie (or class who are holden in their
property, their persons, the bread they
eat, the clothes they wear and tho beds
they lie on, for the payment of tho ans
nually accruing interest on the debt due
these bondholders. Tho bondmen paw
AN average OF at least one hundred per
cent. from retailers profits; and tho
stamps, duties aud commissions which
follow the raw material from the cotton
field t. the \ wing machine, from the
wool on tho Sleeps back to tho retailers
counter, &C
Never before has class distinction been
made 50 obnoxious and disgusting
Without Intelligence, without culture,
without hospitality. without houor, AN
ignorant. pretontious, moneyed ariHtoc>
racy are supported by the toll OF the poor,
and none so poor AZ not to contribute
at least one>third OF their Subsistence 10
pay these bondholder,. There IL no os~
cape from this drag net ofdcspotsm ex>
cep in dispensing with food raimcnt
fire and shelter. Death is your only hopo
of relief and tho grave tho oulvaveuuo % (
To the house of refuge and. the tempe of
security against the vorne.o Gus Jaws of the
internal system. This tribute laid upon
property. this blackmaiI levied upon
poverty, this punishment inflicted upon
industry, tn = outrage upon Justice and
equality, this premium Offered 10 II took
gambling. this sub. Idly obsequiously
given to capital, this reward bestowed on
idlencss, this Oligarchy based upon hu-
man Suffering and human corruption.
this guilt yawuing between the East and
West, this impossible mountain between
labor and capital. this Startling universal
robbery is paid over from log cabin TO
brown stone fronts, from plank floors To
BRUSSELS carpet, from Iindsy woolsey' to
cashmere and silks. spinning wheels
hand IL over to pianos, and horny hands
to silk gloves. In all the departments Of
manufacture, business and trade. the
rich will grow richer and the poor poorer
until they sink beneath tho crushing
weight oftaxe and dutios. Such n sys~
tenn Of taxation viii n exempts the rich
and Expresses The poor, which fosters
capital and Expresses labor has nevor
been imposed upon any other people un-
der heaven. For five years the blind
leading tho blind have been cropping in
tho dark for imaginary causes for the
scarcity Of money, the scarcity Of money,
the high pri, es, the Independence Of the
rich, TN precariOus condition Of the poor
aud the general suffering Of all. The
shallowest reasons have been given, the
most ridiculous causes have been charg-
ed and tic most absurd remedies have
been proposed for tho relief of the un T.
healthy and dangerous condition Of pub,
lie affairs. The causes Of our Increasing
poverty arc manifest To- every political
economist. This funded system * re
plcte with fraud aud oppression OF ovory
character. IL supports idle mon in thor
idleness and makes them respecta BILE and
powerful because they are idle. Like
the lilies OF the va Icy, they toll not,
neither do the Y spin; yet Solomon in all
bis glory was not ARA ycd like one Of
these" These ida gentlemen crowd
the watering places In the summer sea,
son 20 taunt the cholera In thoir security.
10 tho winter thew retire % the Il ri