The daily gazette., 1878-01-29
Letter from Samuel Townsend.
L Lf,. a.. n...t..


Mr.. EDIToR:--For four or Ave years
there has been mder-currents and croak-
ings OF the agents of the foreign bond
holders. l wrote two or three articles
some years back, and stated that our
greenback paper money, as IL was called,
was the best paper money that had ever
seem or that the world ever saw. That
1t was founded ON the faith and worth Of
the nation, and that said greenbacks and
gold and silver combined ought and
should be used TO pay all and every debt
among individuals, and also all debts
against the nation. That IL was only to
make money for poor beggardly Office
holders that bonds were issued and sold
abroad, SO these office-holding thieves
could make cent or so commission on
the dollar, to negotiate or sell bonds
abroad; and at one time suppose the gov
ernment wanted horse worth say one
hundred dollars 1t compelled the Ameri-
can farmer TO take his one hundred dol
lars in greenbacks, and II the govern.
ment had bought a horse of only equal
quality In England or Holland, 1t by these
beggarly office7holding advising theiyes,
these foreigners only paid one hundred
dollars for only go or $50 of our dollars,
and our jackasses pledged the country as
far as their pledges are north, to pay the
interest on the two hundred and eighty
dollars In specie, gold and silver, or gold,
l suppose Mr.. Belmont would like to
have for his Holland friends. "a b
There Ia no doubt his solicitude and rea-
son for meddling TO try 10 control the
Dem9cratic party, by, as il is said owning
the New York World newspaper, and no
doubt feecing every rising politician he
can get holdof j have not forgot, and
hundreds of others have not forgot, that
soon after the war, the Democratic party,
was charged by these foreign bond-hold-
ers and their friends iu this country, with
being in favor of reputation, and we had
Democratic apologists in our own party
interested with these bondhold.rs, and
good many of them also bondholders,
and they told us Democrats that we being
haveto out-promise the Republicans 10
pay all bonds, (and as an old negro named
Hack said at meeting, "de God not stop
them, but out-swore the Republicans,
that we the Democrats would turn our
eyes up heavenwards and In the most
solemn manner swear we would pay these
scoundrelly issued bonds, If we worked
the daylights out Of our poor working
men to do IT,. And, now because the
plain honest masses Of Democrats think
that we the citizens of the United States
more SO, AZ we are part of the fountain
head where said bondS were issued that
If we are compelled to take greenbacks
and gold and silver, at least the outside
world should do the same. There never
should have been one bond sent abroad,
for If an act of Congress could compel
US to take paper promises. founded on the
nation oil that was needed after that was
to issue enough. -,, .-a........5t Il.
;, Now this bond and gold and silver
business has been carried so high that
there are Senators in Congress that want
to throw out not only greenbaeks, but
silver also, and pay the Interest on said
bonds only in gold, and among these
men Is Senator Bayard of Delaware, and
six other Democratic Senators voted
that way; and in giving this vote Mr..
Bayarsl lnotonlyvoted against amajority of
the Democratic party of this State but
voted against our Democratic Senator
SALISBURY and twenty-five or three Demo-
cratic Senators from other States. I think |
Z MI. Bayard follows these gold interest |
oondholders during this session in Con- |
gress against the feelings and wishes of i
The Democratic party of Delaware, he |
should resign SO the coming session of |
the Legislature can elect a u. 8. Senator,
VINO VIII more truly represent the Demo
gratis OF Delaware on the money question
lor there Is uot the least doubt it win |
override aH other questions; and If Mr.. |
oayanus feelings will not let him truly |
represent The Democratic masses of Della |
ware and act in harmony with the great |
mass OF United States Senators in Con
5ress he at least should resign. t77
SAMUEL TOWNSEND.
Townsend. Jan. d iS72s -4