The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1878-10-31

2. Here is loss to the productice
wealth of the country Of many mil
lious of dollars annually. While
thousands 60 barefoot, as mar ,thous-
ands Of boots and shoes are Aisto.:.
shelves waiting to find pifcns.-
While the clothing Of thousands are
little more than holes with some rags
around them, the shelves Of clothing
stores are weighed down with super
abundance and are waiting for GUS
toners. While hundreds are starv.
ing and thousands are compelled to
deprive themselvs Of all the luxuries
Of life, our fields have been uncom-
monty productive, and abundance
only awaits the means of purchase.
Now we submit the question to every
man of common sense whether po-
lltical party who Intentionally and
purposely produces such a state Of
stagnation in business. in order to add
to the wealth of few bankers and
bondholders, should receive the sup
port Of the people. Yet you support
this state Of things. and become &C
cessary to all this evil and crime if
you vote the Republican ticket.
| 2. Thousands of once industrious
men and women, are now idle for the
want Of employment, and suffering
for want Of food clothing and houses.
This statement should read millions
instead Of thousands, and is a terrible
commentary on the party in power.
Governments are created and laws
enacted, ostensibly for the benefit Of
the people, but here is government
Republican in name, making laws
purposely to reduce these millions to
this desperate condition. Ought this
party to receive our votes.
3. 1.-THE long catalogue Of bank.
ruptcies and business wrecks" These
have increased as the amount of cur.
rency in circulation has decreased
Nineteen twentieths Of them would
never have occurred had not the Re.
publican party wickedly and foolishly
attempted to resume specie payments
by the contraction of tho currency.
"Business wrecks I" o how many
homes and comforts, and enjoyments
have been wrecked in them! How
many heartaches have been engen'
dered and tears have been shed! Oh
how can you, sensible Republicans,
give your votes to support the very
measure which has produced this ter.
rible state of affairs!
4. 1.-The net work of mortgages
which covers the entire country
Millions Of homes purchased in more
prospe rous times and on which q part
Of the purchase was due. have been
foreclosed, and have passed from the
hands of the owners to leave them in
poverty, but add to the wealth of the
rich. This state Of things is thu
necessary result Of the Republican
system Of finance. And in view OF al
these disagreeable facts, we in com
mon with our suffering brethren
throughout the country, call upon al
men. without regard to past party at
filiations to unite with us in building
upa party Of the people for the peo
pie.
STEPS IN THE DOWNWARD PROCESS.
/ On the 1st Of January; 1867, ther,
circulated as currency, according Il
the lowest estimate, over two thous
and millions Of dollars. or fifty dollar
per capita for every man, woman ant
. child in the United States.
At this time every one prospered
and was swelling the national wealth
which amounted to over thirty bill
, lions Of dollars.
Then began, under the secretary o
the treasury, that insidnOus schem
Of calling in legal tenders and issuin,
. III their stead gold bearing bonds; an
persistentIy continuing this destruc
, tive policy, the fiscal year Of 1873 dis
> closed the alarming fact that $50
: millions of money had been takel
3 from circulation and burned up, pos
itiTely Obliterated from the bushes
channels Of the country and convert
5 ed into an enormous bonded debt.
RI Then began, likewise, businel
E smash-ups, with their concomitan
( miseries, increasing = contraction
/ went on. every year becoming mi
! numerous. until they reached Is, 90
d failures in 1877. with los Of ov(
t 500 millions Of dollars, and the 80
u sination Of the industries that sati
!. sactorily I'd md clothed seDe TIM