The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1878-07-31

try,sbe the only sufferers by this aDamolou.
policy of Increasing interest bearing debts,
Tor the dement, ofcreditors and consumers,
and diminishing the debtors and producers
means of payment, l answer in the mega ,
tive, and maintain, that the country should
be allowed to pay these enormous and in
part unjust debts as cheaply as possible and
to this end more money should be provided
as an inflated use of credit involves the
necessity of an inflated currency, to pre-
vent onerOus taxation and a runious decline
in the value of property. | am opposed to
all further cOntractions OF greenbacks: and
favor expansion and the making of silver
gold and greenbacks legal tenders in the
payment of all debts, pablo and private and
interconvertible at par. And while | 90
not favor the adoption of the following as a
permanent policy in the administration of
the government. | do think they are now
called tor as measures of relief, and as logi-
gal remedies for existing evils, hence
should be adopted and continued in
force until the interest bearing debt of
the government is disposed of. after
which, any excess of greenbacks can
be gradually called in, without any shock
| 10 business, industry or enterprise. These
measures are the reduction of taxes and
| duties on imports. and the payment of the
| expenses of the Federal Government, in q
direct issue of greenbacks, and, the volume
| OF this currency, otherwise increased by
using it in the payment of the principal of
| the bonds as they mature, or bY their Dur-
| chase where the same is practicable; and
| these issues should go on without restric .
| ton until the business and labor necessi-
| ties of the whole country are fully provided
! for: thus the demands on the people will be
| reduced and their means OF paying greatly
| increased. The national bank, land ali other
acts Inconsistent with practical execution
of this policy, should be repealed. If the
government should deem it wise to aid in
| the construction Of Southern Pacific Rail-
road, or any other chartered national enter
prise, the aid should be in the form of loan
| in a direct issue of greenbacks, with inter
est thereon at the rate of tour per cent. per
| annum, secured by hypothecation of the
| bonds of the railroad company. Thus the
volume of currency will be increased as
the work progresses, and remunerative en-
plOyment provided for the surplus labor OF
the country, and the cOrruptions and risk
now incident TO an issue and sale of rail-
road bonds endowed by the government,
will be avoided.
AS the Mississippi river is of national
import, and its navigable benefits are free
and common to all, and should remain so,
and as the productions OF its valley are OF
Inestimable commercial value to the whole
country, it should be levied and the channel
at its mouth should be deepened BY the Gen
eral Government itself, under national or
ganiZation. The venal and protigate prdc-
tees of the government during the war, and
subsequently by, and under the administra-
tions of Gen. Grant, engendered spirit OF
speculation, and the pursuit OF mere gain,
wnich has degenerated into an unworthy
| cupidity. To ger, and to have the reputa-
| ton of possessing riches, has become Il
ruling passion. Wealth is now a chief dis
| tinction, is hOnOred because of its posses
| sion, regardless of the means employed to
| get it, and personal interest made supreme,
and character and true merit but little ap-
! plauded Consequently, every thing in
| government is now considered by capital
| lists from this standpoint, and as natural
| result, honor, ValOr and civic virtues are
1 Il m ~, ism
| self with this class, has become venal, and
with another class is lost in individual am
bition AID passions. These great wrongs,
| and the growing RIGHTEOUSNESS and rapid
| strides of corruption and Reorganization,
| every where to be seen, should be arrested
| in their wild career and subjected to the de-
| mands of patriotism and good morals.
What is more natural, when questions
| like these, etfeeting as they do, the very
| foundations of our social and political sys-
| TENS. are before the country for determina-
| ton than 10 refer them to the sovereign
| power of the land for consideration and
| action, especially when by former commit
tails and compromises their leaders anu
chosen representatives have, in many in
stances. disqualified themselves for the
work? The contest shoHld, therefore, be
waged in the name ana in behalf OF the
people who have no record to explain or de-
| te:d before a superior tribunal; and in this
| impOrtant work they should not lose sight o
| the Democratic Conservative party, but
! should be careful to control the same in ac.
| cordance with their own sovereign will
| which. especially, in the Southern States,
| where the people have no entangling ALI
ances with bondholdeTs and bankers, car
still be made potential for good; placing II
| with proper leadership, in support OF prln'
ciples not men, will invest II In these states
| with irresistible force, and make &c more
| formidable in the national councils. In
this unequal contest, brain and muscle, jus
tice and organization, are the most reliable
means left to the unbiased people for sue
cessful resistance. Time will determine
| whether they will avail themselves of these
and in pursuit of their just rights hurl de-
fiance in the lace OF the foe, or whether
thew will surrender their rights and Gupine-
lv submit to become f'heWerS of wood anC
| drawers of water" At memorable period
in our country's history, the moneyed inf1u
ences sought, as they do now, to usurp the
prerogatives of the people and dictate tn,
administration of the government. Genera
Andrew Jackson throtled the chief actor il
the scene-the National Bank-and put t
flight it's hirelings of corruption ant
wrong, thus exhibiting moral herolsn
that prandly illustrated the genius OF Amer
lean institutions and the then character OF
the American people. majority OF Whon
supported him with unparallel enthusiasm
Ii is hoped that this generation will pro-
fit by their example and restore the govern
ment to its normal state ana It's admlnls-
tration to the practices and principles OF oul
fathers They, the people. should not bt
deferred from action by the charge of dem
agogism, a charge always made agains
those who are struggling against the op
! preSsor and for economy ana Inc Slmpllcl
ties of government; nor should they be de
TERED by the anticipated tierceness oil thu
contest but should come forth IN INT
| strength of a righteous cause assured OF su
cess 1t may be, and doubtless in time
that capitalists. in this and foreign countries
ond-holders, bankers, railroad corpora
: tions and politicians by trade, who live OIL
, the government, and their tram OF retalner'
are arrayed against us with lofty pretentlon
of power and influence, teaching contemp
for the will and rights of the people; bu
/ NE must not even permit these 10 make u;
2 despise our humble means of influence
power and resistance, nor hesitate q
make a heroic effort because we ar
, surrounded by an almost hopeless
number of these arrogant and CORFU p
com binations. Otherwise the beautiful hel'
9 | of life. with all its spontaneous flowers ant
/, / fruita ge would be destroyed. Moreover, tn
f marvellous growth OF. public opinion upol
these subjects, which were inaugurated IL
e Water Valley, Miss, more than ten year
{ ago and subsequently, in Philadelphia, Pa
e should inspire faith in ultimate success
I The aspirantS for Presidential and othe
national honors may, by their identified
, tions with adverse interests. confuse the SUI
e iects and so paralYze our political organIza
lion as to prevent. at this time "a clear nell
E and fair light" but they will leave US 10
4 more coBgenial associations, or be forced
e WELD to the ''Gredt West" supported by
f Tinted South. The people should, therefore
: call to the front as leaders, men who hav
5 no complication with our enemies or wit
r any of the influences combined against US
4 and whose moral courage will enable theE
!. to rise above the sordid considerations, an
+ meet boldly and sQuarely the issues whicl
n are before US and upon US. Win these Lead
: ers come. and by heroic efforts save To
e country from inn pending ruin. Il the PEG
i Die cali, themselves imbued with the neces
: sitv Of action. they will respond, and wit