The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1878-08-16

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rvslc~mcd, Ne viii slill further crush and d.
stfey tht business ~ the county, Ter ihe gold
PAID ont will mi muve the easrvnts VI trade.
- Rtv~nharAs an hut will largely ~ttle h.
hnAFvls, of sUs~svee, ~ ~ ahrrAd. And the
crMnifs will fts. Ia arms against snch PFC
lrActcd pseesnfw, aud smash the mAehlnv.
ltut N he ehcald a. heli~ve hr will mt rss
uui Efc~nheekT M fast As redeemed, then the
tucteAse II cutvwncy, though II Viii nss I've
large. will h~ enough 10 lift tho ecrew.rressnrs
from business, and II viii revive, wAses will ia.
csvaae, consumption of hcnae AnA furssgn pro-.
l,acta return lnwafd ! normal condition, and
forthwith cur boasted balance ot trade will
disappear, and our Annaa, tribute - Europe
will again III raid In mart ly M annual shp.
m~nt u srum nfty IL siaty nllllrns rf Roid ~
tor twelve svara bcfnrc The Resumption law
passca. Then the mad attempt to resume
JnAtc supply u coin. and under conditions %
furul9n debt which made succers impo.stblr,
will collapse, The country will then shake on
tho rulc Of tho uHNrrr1 aud theorists that have
nAsigatcd Il over Niagara and tho attempt Will
take its uncritcd rank IN history ~ : gigantic
robhery Of TIM people, aud high crime
against civilization.
(,ssr people Are III ,irhs d least ei2000. 400. /.
0tSu Tor Oosrrnmcnt individual and cooperate
oAltgations. These detss repiescMt An annual
interest charge oe es0O O00, ,0Oo or tDD0, NM, ,0ou
4 year. Our NovcrnMcnt taxrs, national. state
and municipal, Arc about 475O, ,Un0, ON NnnM.
ally. Excluding the tAxcs tor interest on
bonds, the two sums together rcpsesent IN Az
nuAl charge III near I |, auO, Otn 900 year. This
sum Ii about twice ths. amount ~ the annual
incsvase of wealth In thu United Statss, after
dednc,ing living expenscs, and IL equivalent 10
interval II 4 puv cont. ON ann greater than
TIM present scllinR vAluc IT III tho property.
rial aud personal, III tho urlted states.
II Ii this condition " unparalleled indebt.
mant and TAXATION which MAkcs the question
% The volume u n,o,ey ~ arc y lave :,
money deternia~s values, The .eals
of prcsent expenditures having hacn
hx~i, aud thu public And private sndcst..
Ul1heaM contracted Uu i bA~la uf
values more than t~tcc ~ high ~ these of to-
day. restoration of values n demanded BY
every consideration of honesty and statesman.
sAtp. Hut there eau he no restoration II values
Without tho utter abandonment, ~ resumption,
aud : restoration u tho currency 10 tts pcr
capita volume when TIM Resumption .Aw VA
enacted, II restore thp paper currency 10 tho
per capita volume At which II stood IN JAn.,-
AIRY, iH7a, would require now isHle of ereen.
hacks 10 this amount u 4iap 0tp, ,O0N. l.et sneh
ca.lcsllAtaon about tlaO. .00o. 900 % our u per
cent. bonds That restoration of CURRENCY will
mol do full Justice u debtors Al,d Taxpayers
fur tho Immense contraction NJ interust.bcArs
.ng money Ia istia-'7 operated for Years IL
steadily break down salncn but Z VIII restore
prices 10 where tAay we're when the scheme of
resumption wAa tnAn9urAeed. And WMhon!
In general ruin Vi tho Industrial clAs.ss, and
In widespread repadtAtion Of public debts
Tho howl III '.iaflAtton' fAiANh against All
who rcslss contraction aud lowering VI yAlues
spFinga from tho crsft of the money power,
aud not erom either honor nf stAtusNAnnhip.
War nscsAnlty increased tho currency aud
raised The prlcsa. II sonc creditors wore
wr0nxed, theirs wsFc among the least os the
They suffered waa not tAc fAui, u tho maas u
thu people. On thu LAAls 0f thcsc rrcva the
most of the great public dehts were made aud
public expenditures Axud, and when ftus aud
aalArica Arc unco h1rd there II no such thlns
- lowering thsn. Oh scale oi prices greatly
redaced lx tho destruction of tho iatsres.- !.
sss''s II. s,,as. as''ss ss. "sss. ssnx " xA. ,ls
carrci. Honesty. honor aud sound
t,olry demand that, a. the u0vurnlncnt had
no power IL scale debts aud expenditures. II
should abstain from reducing thc currrncy. aud
thereby tho vAluus Ut labor and pFudneta With
which dehts aud taxes were 70 be paid. nul
such consideration of common hohesty and
sound pollcy kFo utterly ignored aud spit upon
by tho Hhnaesl-ulpnay" Man, who invented
this subtle schuulO tu break down valuoa and
rub tho mAases 0e their labor and property. To
repeal this most destructive and rA.cAlly law,
and restore the prtucs II c0sntlndities u whore
they alood when Il wAs suactsd. u demanded
alike ~ every consideration u Justice aud
sound polloy.
Can ths country b. harmed BY .acl rcstora.
tlon u thu currency and values 70 whore they
stood In January, iH7b? II Il not rather now
hsing destroyed W Tho opposite poliey2 Look
abroad over thu land frunl Maine u FLORIDA,
from Cara uod 10 the Golden OAtc. What do
hexHAsy VI labor = lesttlanca. u insolvrncy
business stA9nAnt .enterpsise dead and All IN
the midst u rvcvy bounty kindly heaven can
pour on ~ eAvusit0 lAld Even thu hlesallg
ol Invention ~deslgnAtsd BY 0od 10 alleviate
tho CURSE of slAytsh toll hy substituting TIM
eosces " nature sor thc muscle q man by
The dsvtllsA alchemy u thus nchsme u changed
crsAasd and choalsned by lnsentloa, !. mot "
consumption ilicrsassd Ly thu lcsasneA
cest of lxoduess and "a equal amount
Of human lAbos, but le& and less
dlndgin9, IA reaMtrpd % nll thu growing dr.
mAnd. hut now tho cunning VI invstton,
forcsd BY thu AtnoTmAl fall u prices. II com.
pelled 10 all tho shliyvlin9 naAsketa W employ.
|mg hands III steal Instead Of hAnda u fesh
asid blopd, lhma hourly swelling thu ranks II
lhe unemployed. ko thAt, with tnvenllon
aetmulaled and consumption stopped, our ~.
ulety drifts like MtAalsetppl steamer with ono
~hesl broken Aud ths 0lllst moving, while thu
h.,Ady cusrets sweeps Il helplOsxly AlualR.
4 restoration Ut thu cmvrst.cy and conse-
auently uf prtcea 10 Whese they stood In JAM
nary, Is7b, n,sans Justice " doht0rs aud tax
noyers, public aud private snlvcncy, revival III
bunln~ss, increased production aud eonsunl,-
lion, with full employment aud fAlr pay u
labor, aud tho reAwAheuthg oS every dormant
energy d our indnstsioaa and praxrss~lvs
people.
l'hs AssnmlAlon that this grrat nation musl
~ pArAlyxed 10 kesp II from rushing 70 Wild
pxcs~a Ol paper na0nay must b. crushsd will,
doubled dsAt and tAkss, and Impoverished. ~
enforced thteNea1, 20 ~ ~ chain u unsrUucy 70
enld ~ the only method of saving Il frOm illinl.
liable innall0n-~is N crr0r tnn Moiislr0us and
Insulting Ii ~ tolerated By sclf-goyprniue
tsu0pte III resumpttOn could nOw be reached