The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1878-12-05

avoided, and they refuse finally to re-
cei7e silver on deposit or to pay it
our over their counters. What is the
( immediate result. Here silver has al
ways constituted the CONNOLLY used
/ currency of the country. ETen when
( New York banks were buying and
boarding it. Tex4s was never wholly
! depicted, and silver coins were Hore
trcI1entiy seen than paper bills. But
the times are changed. Paper aud
gold are preferred to silver and for the
simple reason that we have the silver
anu the banks hold paper and gold, and
silver, which had sn exaggerated value
four years ago aud was then sought
after by these banks, Is now to be rem
dered valucless, that the people hold
ing 1t may be plunderei. Every trades
man of the South buying goods in
New York must pay in gold or paper.
When his notes are sent out for collec-
tion he must produce gold or bank
notes. Inc banks here are helpless.
They are mere auxilIaries and agents of
those at the East, and when silver is at
a discount in New York its deprecis-
tion begins even here, and thus the
losses ipfl cted daily upon the people
and profits of the shaving shops are
counted by thousands. Is there no
remedy: Are the people to be always
the helpless victims of these powerful
rings, these Federal banks constituting
the most dangerous and powerful that
ever existed Does Stills tongue, at
a juncture like this, cleave unto
the roof of his mouth, and has his
right hand lost its cunning For very
shame let the "siIver-.ongued" orators
OF the hot months come forth. When
plunder aud spoils and offices were
before them how extravagantly did
they roar! how eloquent they were!
But the offices are all filled. The |
spoils are not visible ard oratory is
and patriotism no longer |
gushes. How thin the virtues of |
the best of u.s. How pitiable our
prctensions to excellence. When Off |
ces glittered like the brass balls of |
a pawnbrOker inviting US in to ex-
change seedy yestments for the gold |
AMI greenbacks of office, then how
beautifully our patriotism and love OF |
the people shone in autumnal sunlight;
but now, when grievous wrong is
done the helpless people everywhere,
and especially the silver r-hoarding peo-
pie of Texas, the sweet voices of the |
stump speakers are heard no more and |
we are helplessly robbed.
Can Wash Jones do anything? What
can be accomplished by the man sent
up from this district He has no party
and no fame or personal influence in
and yet these same Green
hackers, in the very presence of these
calamities, sent this man to
The Greenbackers are
false to themselves and the people, and,
incapable of good, they accomplish
only evil since 10y separating themsel yes
from the Democracy they have only
insured in many Ststes the success of
Radicaism. The leaders, for failure
and incapscity to do their duty now,
and for this abstraction of Democratic
strength and for their own impotency
in the House and Senate, dos rye earnest
Meanwhile the selfish |
conduct, of the banks insures the re-
peal of the resumption act and the en-
actmeut OF many laws designed to les
sen the power of these banks even if
their extinction, while Hayes is presi-
dent, be impossible. Aud should not
the South and West evade the necessi-
ty of paying debts in New York by
buying goods and wares in Southern
cities that deal with Europe instead
Of New York.