The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1878-06-21
GREENRACKa.


GREENBACKs.
Address OF the state Executive Commit
tee TO the National Greenback
and Labor Party OF Illinois.
The Executive committee of the
National Greenback and Labor par
ty of Illinois, to whom has been
committed the conduct of the pend
ing campaign, deem it proper to
submit to you q brief statement of
the present condition and prospects
of the party in the state and nation,
together with some suggestions for
the future conducting of the cam
paign in this state.
1t is natural, if not inevitable, in
the formation and growth of a new
party, gathering its converts and re-
cruits from all existing parties, that
differences of opinion should exist,
and that IL should take time to be-
come acquainted with each other,
to harmonic land consolidate, and
be able to work under the new ban
ner and new leadership. That, as
is the case with an unorganized ar
my of citizen volunteers, few cam
paigns must be lost before we are
able to utilize our whole strength,
is inevitable.
That our rapidly evolving party
would haYe to contend with these
incidental difficulties, drawbacks
and misfortunes, not only in Illi-
nois but elsewhere, was to have
been expected.
The growth of the Republican
party was afflicted with everything
we have had to encounter in the
line of divisions and defeats. 1t
passed through every discouraging
incident of development, from in
fancy to power, which we are now
experiencing. 1t died finally, many
times, according to the estimate of
its enemies. A great many prescrip-
tons and panaceas were exhausted
to effect its everlasting quietus. But
it would not and did not die, or con-
sent to be quoted, until it had done
its appointed work; since which
time no earthly power can prevent
its dying, as fate has 80 decreed.
We must expect to be assailed by
all possible enemies, avowed and
disaVowed. We must expect to he
prescribed for, to be reported dead !;
to be betrayed by pretended friends,
to be disgraced by rogues, dema-
gogues, and political schemers from
the old parties; to be pestered by
fools, blood-suckers, and babbling
idiots.
Every man who has had expert
ence of men and affairs, and espe-
cially with the rise and growth of
political parties in this country, eX-
poets all these things.
We have had and still have the
usual run of these affl lotions, and
expect to have them in the future.
But from these we have nothing to
fear. Our real danger will come
when in the near future we shall
have become the dominant nation al
party. Then the demagogues, po-
litical scoundrels and conspirators
will flock to our ranks. Attorneys
and agents of the European bond
holders, corporate monopolists. con-
tractors, bankers, jobbers, and rings
of all sorts, like the present Repub-
lican Secretary of the Treasury, will
come oyer to us in shoals, in regi-
ments and battallions. From these
hypocritical and unprincipled eDe-
mics of the Republic, and only
these, have we reason to apprehend
real danger. Such men have de
stroyed both the old parties. 1t il
.fer us to guard our organization
against these demagogues, and we
cannot begin too coon. In the pas
we have had real differences OF opin.
ion upon fundamental principles
This was inevitable. Happily sucI
differences have nearly disappeared
One point of difference was upoL
the interconvertible bonds as ba
sis of q paper currency. We now
agree that the bond is unnecessary
We demand that there shall be nj
more bonds issued to suck up TIT
earnings of labor for the benefit o
those who "toil not, neither do the,
spin" We are in favor of q curren
cy resting upon the credit of all tn
people. We agree that such basi
for paper currency is better thai
individual or corporate credit
Bonds rest on the credit of the PEG
pie alone :. why should not the cur
rency? But bonds draw interes
and are exempt from taxation
Greenbacks rest upon the credit o
the people alone, and do not draw
interest, and are not exempt from
taxationi This Is the reason VIII,
Bondholders and Shylocks prefe
bonds as q basis for greenbacki
This is the reason why bankers pre-
fer National bank currency to green
backs. No body distrasts the credi
of the people when that credit pay
interest.
The National Greenback and La
Dor party now agree unanimousl,
t. fn6annnd
cot of bonds, because this woull
avoid interest and secure equal tax
alton. We further agree that al
bonds should be paid as soon q
possible, the interest stopped, ant
the exemption of bonds from taxs
ton repealed. That no more bond
should be issued. We believe th
bonds and bond currency unde
control of shylocks are the chief in
strumentalities for absorbing tn
idle; OF fixing the value of products
and raising and depressing the maj
kets in the interest of money jot
bers aud monopolists who produc
nothing. To the end that the cul
roncy may not be thus used, W
propose that under the constitntio
OOu8 EOoo 6uGA PEONAOc AOE ASo OOl
troll In the interest of and for th
use of the people, without q bast
of interest bonds, and without e.
emption from taxation. Upon thes
principles we are q unit, or nearl
so throughout the nation.
We are charged with being con
munists and agrarisns. CommuI
ists are defined, by those who mai
the charge, as men who favor d
vision OF property without regas
TO ownership or who earned i
Property ought to belong to thoi
who earn il, who produce 1t.
these definitions are correct, Jol
Sherman, who now stands- for Il
Republican party, and who consl
tutes the residum, or sugaring {
OF that party, and August Belm oT
who stands for the Democratic pa
ty, are the great leaders OF the =
ropean commune in this countr
and their followers and adheren
are commnnists. They represe
individuals, corporations and clal
IS In Europe and America, vi