The daily gazette., 1878-01-17
SECOND. EDITION
WhAr THE PEorlEsAY
For the DELEwARE GAzErrE.

Mr.. @. p. JoHNsoN-Dedf Sir II take
this opportunity to express my appreci-
alton OF your defence of the working
people and the business men of our coun-
try against the monied monopolies. 1t is
well for men TO cry out for "honest
money" after they have possessed them
selves of all the money through fraud and
cnnning. They can well afford to be
honest, and plead for honest payments Of
obligations when they have q slavery
fixed on this people, a thousand times
more intolerable than thatunder whichthe
negroes of the South labored In their case
the master was bound to furnish his
slaves food but not SO with our monied
oppressOrs they can demand all our liv-
| ing, and leave us to starve they say
to us in the most positive manner, "pay
me that thou owest," whether that means
the last kernel of grain or not.
| do not, Mr.. Editor, wish to go into a
lengthy argument with hope OF making
this matter plain. 1t has engaged, and
now occnpies, the best minds of our
country. 1t would be difficult to
present anything new. There are some
some things, however, very plain to my
mind, and one of them is that we have
fixed upon us more debt than we can
stand under. 1t must be got rid of in
some way we will not consent to be per
petual slaves. This debt has not been
fixed on us honestly by any means. Part
of it, 1t Is true, was the result of the war
but very large part was the contrivance
of the money sharks ; the very ones who
are now lOudest for "honest money"
1t Is well-knOwn that q large part OF
the U. s. bonds were purchased for forty
and fifty cents on the dollar in gold and
the effort now is to appreciate that which
| cost forty cents to one dollar, so doubling
the value of the bondholders gold.
The result is that fifty cents worth Of
gold to-day willlpurchase more property
of most any kind than dollar would ten
years ago showing clearly that gold has
been appreciated at the sacrifice of prop
lerty.
Whether the reconciliation of silver
is going to correct all the evils undel
which we are laboring / am not prepared
to say but if it Is the means of making
money more abundant, and putting the
laborer to work il is certainly desirable
No people can be prosperous when theil
labor is unemployed as ours is. II oul
debts are ever to be paid it must be by
labor. There is no economy SO poor a.
that which keeps labor idle.
1t seems if the monetary interest could
fully realize how depressed are all our in.
dustries, their own selfishness, If nothing
else, would prompt them to an effort.
| A creditor sometimes finds it to his in
terest to take fifty cents on the dollar
if our business is to remain PROSTATE, and
labor unemployed much longer, it will b'
questionable whether the bond holder
will get fifty cents, much less the dolla
which he is so clamorous for. Some of ou
democrats have been deluded, it seems
with the cry for old democratic money
there never was greater deception; thu
whole effort has been for the last tel
years to appreciate worthless paper to ;
) gold standard, making the paper dollal
which cost forty cents, worth one hun
dred in gold.
Mr. Editor, have not written this ar
ticle with any desire to appear in print;
do think, sir, it is the duty of our peopl'
, to come out at this time, and express
, themselves on this important matter.
I am well satisfied that very large major
, ity of our people are in favor of the Blanc
silver bill; also the repeal of the resump
ton act. 1t is more important that tn
people should be heard from, as our Sen
ators are represented as not favoring thu
; bill l feel well satisfied that they do no
reflect the sentiments of the people o
= Delaware in opposing the bill an
truly sorry that I find 1t necessary t
take issue with them in any matter, as
hold them in high esteem.
THos. +. DILwoRTH.
Port Penn, Jan. 10th, 1873.