Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1878-10-24
TIE HERALD.
INGERsOLL ON Plat.
He scouts the Idea OF Miraculous Cseat!on
Of Money from Nothing-He Wants Inuaticn
With Corn, Wheat, Good Houses and Work.

lNCuhGULl YIN TAI.
He scouts the idea OF Miraculous Creation
Of Money from Nothine-He Wants InHaticn
/ With Corn, Wheat, Good Houses and Work.
Col. Robert IDgersoll, who has
just returned from a visit to Europe,
has been interviewed !" by the
Washington Post.
In regard to the Greenback par
ty,' said Col. Ingersoll, Pm not a
believerin miracles Il do not be-
lieve something can DO made out Of
nothing The Government, in my
Judgment, cannot create money !;
the Government can give It's note,
like an Individual, and the prospect
ofits being paid determinessits value.
We have already substantially re-
sumed. Every piece of property
that has been shrinking has simply
been resuming We expended dur-
ing the War-not for the useful, but
for the useless; not to build up, but
to destroy-at least 81, 900, 100000.
| The Government was an enormous
| purchaser when the Var ceased
the industries of the country lost
their greatest customer. Az con-
sequence there was q surplus of pro-
Iduction, and consequently surplus
| Of labor. At last we have gotten
back, and the country since the War
has produced over and above the
cost of production something near
the amount. that was lost during the
War. Our exports are about $780,
100000 more than cur imports, and
this is a healthy sign. There are,
however, 100000 or 100000 men,
probably, out of employment; as
prosperity increases this number
will decrease. ] am in favor of the
Government doing something to
amejiorate the condition of these
men. / would like to see construct
ed the Northern and Southern Pa
cific railroads /; this would give en-
ployment at once to man. thou
sands, and homes, after awhile, to
millions. All the signs of the times
to me are good. The wretched
Bankrupt law, at last, is wiped from
the statute books, and honest people
in short time can get plenty Of
credit. This law should have been
REPEALED years before it was. 1t
would have been far better to have
had all who have gone into bank
ruptcy during these frightful years
to have done so at once.'
OF the probable political effects
of the Greenback movement, Col.
Ingersoll said: 81 do not believe any
party can permanently succeed in the
United States that does not believe in
and advocate actual money. | want
to see the greenback equal with gold
the world round. A money below
par keeps the people below par. No
man can possibly be proud of coun.
try that is not willing to pay its
debts. Several of the States this fall
may be carried by the greenback
party, but if | have correct under
standing of their views, that party
cannot hold any State for any length
of time. But all the men OF wealth
should remember that everybody IN
the community has got, in some way
to be supported. | want to see them
50 they can support themselves by
their own labor. In my Judgment
real prosperity will begin with actual
resumption because confidence will
then return. If the workingmen Of
the United States cannot make their
living, cannot have the opportunity
to labor, they have got to be support.
ed in some way; and in any event |
want to see liberal policy inaucur-
ated by the Government. I believe
in improving rivers and harbors. |
do not believe the trans. continental
commerce Of this country should de-
pend on one railroad. / want new
territories opened. / want to see
American steamships running to all
the great ports of the world. l want
to see our flags flying on all seas and
in all harbors, We've got the best
country, and, in my judgment the
best people in the world, and we
ought to be the most prosperous ma
ton on the earth.
"Then you only consider the Green
| back movement a temporary thing ?"
Col. Ingersoll-"Yes l do not be-
ieve there is anything permanent in
any thing that is not sound, that has
not perfectly sound foundation, and
mean sound, sound in every sense
of that word. 1t must be wise and
honest We must have money; the
trouble is to get it. If these Green
hackers would pass law furnishing
all of us with collaterals there certain.
ly would be no trouble about getting
the money. Nothing can demonstrate
more fully the plentifuness of money
than the fact that millions of per
cent bonds have been taken in the
United States. The trouble is busi>
ness is scarce"
"But don't you think the Green
back movement will help the Democ-
racy in 1880 ?"
Col, Ingersoll 81 think the Green.
back movement will injure the Re-
publican party much more than the
Democratic party. Whether that in
jury will extend as far as 1880 de-
ponds simply upon one thing. If re.
sumption-in spite of all the resolu-
tons to the contrary-inaugurates an
era of prosperity as I believe and
hope it will, then it seems to me that
the Republican party will be as
strong in the North as in its palmiest
days. OF course | regard most of the
old issues as settled, and make this
statement simply because | regard
the financial issue as the only living
one"
'Didn'tresumption get set back
By John Sherman's recent change of
base p ta@
f 80