Mower County transcript. [volume] (Lansing, Minn.) 1868-1915, 1878-10-10
The seorot Of the Success Of Grsenbaok.
ism.

4 people always look t" their government
in times Of distress, whether the govern
ment has power to render aid or not. Ii
is the functio of government. too, to as.
sist its citizens when 1t Is possible. Con.
gress was composed of members of the
| old political parties, and whether it could
render aid or not in our emergency, 1t
would be natural for the people to blame
the old parties, if assistance was not
given-Stolen from the Western Rural
ond printed as double lendeI editorial in
that GrtenbucA REFORM p 'per, The W.
kot Dollar Weekly, Compiled by +. G.
Sto,ce.
Yes, but the Weekly should not have
admitted the tact that discomfort, and
the grccnback excitement No party.
neither Republican, Democratic nor Ma
tional, could have averted the inevitable
distress brought about by reflex action
of tlusk times and high prices. The
government was for five years great
customer, and bought of It's people, goods
which it afterwards destroyed. The ex-
penses of the war were thrown away, not
paid out for internal Improvements and
national pecuniary benefit. The cxigen-
cy Of the times demanded an initiation Of
the currency. The government could not
then, nor can it no,c, create money. 1t
only gave its note to those who had money
and borrowed their genuine specie dollar.
The government could not force an indi.
vidual to loan to it, yet men were found
who we're willing to risk their money for
the country. They did the nation a "a
vor, and placed US under bonds of graf
itude to them. They loaned US gold and
silver, and took certain promises to pay,
and they must be paid according to agree
I Ment.
This money thus borrowed, not made,
was burned up and shot off, the govern
ment was no longer customer for our
products, our credit began to improve
and the money men of the world saw
that our promise to pay dollar was get
ting nearer realization, until the promise
come to par. 1t nerer aeould haze been
considered 80 if the government had not
shown manifest intention to pay as soon
as possible. If capitalists had not seen
we meant pay, the promise would have
been worth nothing.
During oil this time the Republican
party has been in power. 1t can no more
make flush times than it can make wine
out OF swill milk. Had the Democrats
been in power the resul! would have been
the same. We have danced and must pay
the fiddler. Had the Nationals been in
power q worse result might have been ex-
pec'ed, for you can't force any monied
man to invest his money nnless he wants
to, and rather than put his money into
uncertain ventures, he will keep it in his
pocket and let the poor suffer. That's
the trouble now. The Nationals have
frightened the money men and they don't
start any new business; and they won't,
until they know that when they 20 to
sleep they have fair chance of waking
with the dollar in their pocket of the
same value as it had the night before.
They wont invest till you keep still, and
you can't make them, not even by litiga.
tion from the court of heaven. But if
you will jnst wait little longer until
the promise is proven good as the pay,
by the fact that the government has the
dollar right in its breeches pocket, then
people will risk money in any enterprise.
You are now making run on the coun-
try, and it IS just like run on a bank.
If you can get your money you don't
want it. All you want is to know that
the bank is sound. AS soon as tie PROMISE
to pay Is proven sound, one prefers the
promise for its greater convenience.
Then don't make run on the country
wait little while; no party could have
averted the present distress; no party is
responsible for it. The whole country,
you and our fathers and brothers who
thought the country was worth having a
war for, are responsible tor it. As the
greenback idea has grown, money has
been locked up tighter and tighter, and
! such will be the case until dollar is left
to make its own value without any aid by
law. Prosperity no more comes at the
beck of any set of men or by legislating
about it, than man can add to his
stature by taking thought thereon. Why,
dear misguided friends, suppose every
mothers son in the country would become
a greenbacker; paupcr and millionaire,
man and child, poor laborer and rich
loafer. What would you do then? You'd
owe just as much money wouldn't you
for debts just as honestly contracted as
now, and bearing the same interest!
Would you be any more prosperous?
No! Prosperity only comes by econ
omy! A dollar. represents so many
hours of muscle work, not so many words
in legal enactment.
Because things are not as we would
have them, because we had poor crop,
because we had war, because you've
got the blues, you blame the party in
poaoer, and as the Weekly, the Fillmore
exponent OF the greenback fallacy says,
"Whether it could aid or not in our emer.
gency. it would be natural for the people
to blame the old parties, if assistance vas
not givcn." If that be true, then we say
the people IRE set of unreasoning and
unr easonal,lc tools.
"BETwEEN THE GATEs"-B. F. Tay-
lor, 3. G. Griggs & Co., Chicago, publish.
ers, needs only to be begun to be finished
It's one more Of his happy books. He
makes the Iittlest things Of = journey to
California, new aud interesting. His
genius discovers some new thought in
events which 10 others would be but
commonplace, and his quaint and hu.
morous way in putting his ideas, afford
continual surprises to the reeder. Be.