The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1878-08-09
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IN gfeilfs The ssaltlts "A ihr s,s.asss ts.wss.
aat NJ isH,tssinNi il that Indispensable rAs
'H.ss y w. u. NH siHssl#sits vas transformed
iatp usAs ssd ,ianha, aua l4si.ltt. Asspl.psts
~ss fu,nwri u, tsaHsrss Turn II frvsHn laal
tsss ss,is dtIHssiHE tie ~eits sinlnsislss III tte
ESSENTIAL hHAns fM dsAsaaang ssslt ~ ssinsslsa
and sgfHntnfni ts4alfers Ami Iful~fis rsuvIA.
tnR fss the NJ WV sssA#stinlsisntI utf hoir rrt
sisss'hsiis, e,i'tissiHp uns vast. lands, isriraw
inp mir revenues and lii. iessisiles ~ i iugA.
Ia m44 "A sel
enes and oil csstptisl sismefss II eisiltxssla,.
The Alatbneht ~ b fnf.s. providing fatk. Tor
hssl'hful rwTtt AtDH. laihIr halls ni l4stsi,eA
sld aIBsstni"nsA ALL churches fus fssalini
but u hss sis, sap~d III. sisaitt u ihave ,.t,.
ssuslsiy asssis,,~d wv III. lasnle..t "a ,asnipi..
.s.s*, nsufins ii.eoun's AL Int. |. ~ il,ssu
buisis and current na'lpi al l.ss ati mmitsei.
ral expenditures.
fherfarsiral rsretirnr. III liz r4st rt,uws
has demonstrated that II Il t,i 4 I lr sAnf II tl
Int tlr volume III motley a,ait all. ~ ~.
thai gives prosperity T. s''is Isaple Al i saneiu
Property Ani the miflio II II /, iii taxes III
Ai IaFts nf our eontfs. III sell, eiahle teea,tse
the people arr naal,l, IL ias tlnn, demonstrate
fhaf, With The t'fessHi s.itsu.e ~ npIry In cir.
etilatiun, iaxas.on tu pay iai.iest nn ,,niased
h~nI@ aud national Aiat. aud mul isipal .x.
panditnre-, iLvsi,ally results III eontleea'ip ~
all hnins csmf,ft~ and MANY is,lle~ III the great
nsss " thu people especially ainring I#npie,
ihvt Ids. widows AID s'tplaas. Will, the lil~-
fe~s " tho cn,,Iitrs paralsg.h confidence H..
ssrntud 4 multitude of isLufti~ uus iii employ.
innl,t, the bills ~ hAiikers.seli gold ami @lssr
arr worth ~ mar. than !, many cords ~
granite. huMrdod IN bank vault. anI rnb.trraS.
tries, for iha rsoirtipn Hnd support ~ The
puplu's industries.
In 1878, by the payment Ut interest nn de.
posits fnm corresponding interior banks, q |
few New York banAa controlled by Wall street
Rold ksnbicrs and railroad fobtsurrl wnse ~.
Abied t0 concentrate aud earusf utost II the |
then existing moiios, aud crush Tho Northern |
'saihc railroad oniefprise III Jar Cooke n Co.. I
bctause II promised competition With that \
corporate monopoly, tha Central I'aeiIie sbmili |
with HntAxod bonds. pIuudefsd ffuni ihr l
IscoplsI, producing thereby p.niu which drn..
unslrAied the insufficient ,olnne IN nl.n.y \
available for circulation compelling nnr hanks \
q suspend granting their Usual discounts and
Tho payment " the peoples money dspoa.
lied With them, ani destroying conn. I
ieisco among business meii. while, for /
want Ut proper lllhie Ut m1iisy ~ 4 medium
pf exelAlsge, All kinds Ut industrial pfodDc.
linns. labor and property depreeistad In sdi.
abb saln~, until nllliona af iabnrlne people
wire deprived 0f frciUilncrAtl.s imp oynlriit and
!nsnlsei,ey and bankruptcy beraaiS TN ineviia.
lilo fate NJ all active ht1lurAs mon untsiin ~
administrative, revenue and expenditure ring..
And IN tho fHipr.faHH III July III tin fu. H
lowing stAtiaics, complied from ni,Isi.l sources
And volume called "uoli aui DgDt.# show.
INK TIM amount VI our cifclllaiiul lHr capita,
1nd IT, contraction, from Isd5 10 Is17i