The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1878-10-02

narrow escape.
The Corners continues ats Expert.
ments with Fiat Money---HOW the
Thing Works. 20
witch is in the State Of KentuckyG
&. September 90, 1878. }
Issaker Gavitt and me heV qult lsnooin
fiat money, and the Town Council bev taken
il In hand. so that it she'll heY an omsne'
look. n,;,
is a Dollar, sekoored by the faith OF Con
fedrit K Roads,"
These bills Eis signed by the Mayor and
clerk OF the corporasheD, and ez they are
printed in two colors, with green BACK,
they look ez good ez any money ever saw.
The question wuz how to glt 'em lnto
cirkelashen. Money amt good for nothln
onless 1t cirkelates, and so the Council re-
solved on system Nv internal improve
ments to git en- out.
The contrax wuz all let to citizens Of the
Corners, mostly to members Nv the Council.
and they wuz all based on the price Nv o
drink, plane, fifty cents. The Council hed
the money printid to pay the coDtrahters
with. ~ we didn't want to wait long be-
fore the era of prosperity sot in, 1t was
yotd that each contrakter shood hey 40 ad-
vance or twenty-five per cent. on the
amount Nv his contrak, that the money
mite be got into crkelashun to wunst ana
the good effex mite be felt immeiitlY. THIS
WIZ done. and some 100000 wuz paid to
EN-.
The only spot on our shining sun is Big
Ter and Pollock. They refooze to fetch our
money at all, and cz they keep goods wien
we must hev it's inconvenient. And then
Joe goes about asSin all sorts OF fool cues
lions. He wants to know who's ever goln
20 redeem the money? He wants to know
wat good this money is agoin to be in Lools-
vile wher our supplies come from prlma-
rily? He wants 10 know who 10 aSoln TO
nav the taxes for all these improvements,
and how we will feel when the bubble busts
and we arc left with q immense debt onto
our shoulders?
T answered him that he didn't know no.
thin abo,,t fnanseerin'; that the very es-
sence of fat money wuz that it WuZn't never
to he redeemed; that the people WIZ q
takin' it for their goods and labor, and that
tney wood pay it out Tor more goods and
labor, and that it wood keep on forever IN
one endlis round.
"But," sed Josef, "the contractors hey
rot to hey iron and tools and things, and
The laborers hev got to hev shoes and q
great deei NV likker, and little suthln' to
eat occasionally. It's all very well so long
ez they kin trade among themselves, but
how viii! it be in Louisville? Willthey take
it there?"
That is the cloud that hangs over US.
Will they take it in Louisville, where we
hey to buy our goods?
We must move on the Legislacher and
get the State to adopt the Corners, ldee,
and then we must 60 to Congris and COM
peI the ishooin NV fat money by the
General Government. make it legle ten
der wherever the flag floats. And that
it may be got into cirkeIashen the Gen
eral Government must be paternal, and
must initiate the Corners in the matter
NV internal Improvements. There must
be q ship canal from Chicago to Toledo,
the Erie canal must be enlarged so as TO
pass the Great Eastern, the whole Dllssls-
sippi Valley must be kivered with leVees
and everything else. There must be Gus.
tom-houses and post-ofices built in every
cir and village, and eZ for railroads, LORD
bless us, they must be built from every.
where to everywhere, and all at the eX.
nense Nv the Government, for the purpose
nv oittin fiat money into cirklashun in suf-
fishent yolums TO meet the requirements Nv
trade. Ell the bloatid bondholders want to
keep Their bonds, all rite, only they must
take principle and intrest in this KIND Nv
money. Them ez are held abroad shood DC
repoodiated to.wunst, and hev done WIFE
EN-. :,
Their are forty milyuns Nv people in this
kuntry, and insist that enutf public works
shood be put through to give every man
woman, and child in the YoOnyun at lees1
$4,000 NV money. A heltby war wood gel
it into cirkelashen faster, but am ayerse to
bloodshed. am as tender in my feelins ez
I am broad in my tinanshel views.
This is my fnanshel noshun, but they ain'l
original with me. The Dimocratlc AND
Nashnel feeders are holdin the same noshens
in modified form. They will advance to
my posishun when they see how the thing
works in the Corners.
I don't want no gold, nor no silver. A
paper dollar is good enuff for me, so ez il
will buy likker, and kin git enuf ov It,
What do keer for debt, when that debt
amt never goin' to be paid? Gold is an
exploded idee. Ring out the old and ring
in the new! We want more money, and
we are goin' to hev it.
: - y ,
z. S.-The trubble that Josef propesied
hez come already. Peter, the shoemaker,
sold out bis stock gaily for fiat money, and
went to Louisville TO git more leather. The
Louisville leather-men woodent give him a
bit NV leather for our money, and that is
all he hez. He offered EN- three prices. but
they declined frigidly, and he come home
without single side. He swears he has bin
robbed, and be is SO disloyal ez to DIN the
counsiland me, the orig inator Nv uneidee.
told him to start a tannery hisself, and be
independent w the outside world, but he
Wantid to know how he Wuz agoin to do
IL with flat money. The fact Is, society
needs re6rganizin. There must be some
way devised to compel Louisville to take
our money. Ez no fat money is ever
goin to be redeemed in gold or anything
else, why amt ourn iist as good ez any
1body's
Meeting d commercial traveller who was