Alpena weekly argus. [volume] (Alpena, Mich.) 1871-1893, 1878-08-14
Grccnhnckcr nj Rodgers City.

GrCcnbackcr Mt Rodgers City.
Stowe, the greenbaclx orator, who
addressed q crowd from goods
box on street corner in this city n
short time since, went from here to
Rogers City, engaged the school
house, and then repeated his ha-
rangue, at the same time defying
any one to come forward and state
anything to the contrary of his re-
marks. After some hesitation,
Philip O'Farrell, formerly of this
city, took the stand, and the fol-
lowing remarks, made by Mr.
O'Farrell, aud which we copy from
the Presque Isle County Advance,
seemed to have very serious af-
feet on the aforesaid Stowe, for he
left town 10y the very first boat;
81 have no knowledge of finance
save what | have gathered from
common sense and general imfor-
nation, and from that knowledge
| have believed, do believe, and
shall believe-the opinion of Mr..
Stowe to the contrary-that gold
and silver coins is the only money
known TO the American constitution
or commercial world. My convict
ton is that money, in order to
make it a fit and safe medium or
instrument of exchange, and a
representative or measure OF en-
change, or a standard OF compare
tive value, whatever else il may he,
it must consist of something hav-
ing real value and lie of SOME hen
eiicial use aside and apart from its
mere use of money-that money
made out of anything that can he
affected by sudden local or tempo
rary causes, will never I've looked
upon by the commercial world as
standard of value, when compared
with property or labor. What
gives n gold coin its value in the
commercial world is not the
government stamp, but it's being
susceptible of being used in the
manufactures and the arts, and in
various ways, aside from its use as
money. For instance, you may
take piece of coin from the mint
"A gold coin made Ivy the poorest
South American State, with gold
coin made 10y the French or English
government, and all will exchange
in the great market of the world
according to the amount of gold in
them, and the government stamp
will have no consideration at the
hands of the purchaser save as 1t may
serve as n certificate Of the weight or
quality of the gold. Away, then,
with the idea that an act Of Crongress
is money, or that a government
stamp is able to give value to o
valueless thing. If the govern
ment can make money out of paper
in the manner proposed by Mr.
Stowe, why not issue it 10y the
wholesale, give it to us by the
millions, and let us all be rich. Ii
is folly for so many Of us to be
without dollar if the government
mill can supply our wants without
stent. Let us have money rs
plenty as children have toys. II
will cost the government no more
to stamp thousand dollar than {
one dollar greenback. We can al
get rich lin a horn) the same a.
able men have got up perpetua
: motion.
"GentlemaD, the day of miracles
is past, and this applies as favora
bly, to the Greenback party as any
one else. Let that party 60 int
} power tomorrow, with Ben, o
: Moses, or anyone else at its head Of
. tail, it cannot legislate to have
grist mill grind more -four out o
a bushel of wheat than the whea
: contains. There are certain thing
which cannot be governed b,
= legislation. Should that party de
g clare that six Of our present hour
q shall constitute day, the su
would continue to rise and set q
g heretofore, regardless Of Law
IS Should that party ordain that 81
t. of our present months shout
N constitute year, would any peopl
!, get gray-beaded or die Of old ag
, in half the time they would unde
d. our present rate of figuring O
IL time. think not. Then no
D. can that party, by mere act ,
A. Congress, Issue paper none,
!. which has no value save a govern
o ment promise to pay, which
10 never to be performed, and indut
te people to part with their goods ar
he perform labor for such money
70 Experience has shown that Peep
lose confidence 10 irredeemable p
!" per money, and that It soon b
d. comes thing for speculation
m the hands of money sharks. Agai