The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1878-04-04
ENORMOUS STEALING!
a Whole Country stoIen-NOthing like it
since the Devil Tried to Steal the entire
Court of HeaVenI
The Money Power-The Thieves-Over
S6,GOO,OOO,OOO
And The Thieves Unhune,

Portland tsie) New Era.
Read the following record of the
NEST gigantic theft ever before record
ed on earth
Secretary McCulloch reported that
the coin debt of the United States on
the 31st day of October, 1873, was
81, 1902, 100.
Secretary Sherman reports the
bonded debt last week, March 1st, at
81, 206, 1850
Increase since 1865, 81, O62, 332,-
912; or almost double.
In the meantime the people have
been paying interest until the sum
paid in gold amounted last June to the
sum Of 81 $50, 854, SOP, 10!
1t will be seen that interest already
paid amounts to largely more than the
principal in 1865.
And ii viii also be seen that while
the interest paid has been more than
the principal, yet the principal itself
has doubled! and now we are paying
interest on double the sum we paid on
in 1865!
Nor Is this by any means the worst
For our new bonds, the bonds we are
now using with which to fund the
debt, and ( per cents, have thirty
years to run; and the coupons, or in
terest, on each 800 amounts to 1920!
chat is, the interest alone Is $50 more
than the principal!
This viii more than double the debt
again !! And the sum We yet have to
pay is
1851 500, 1879!
And the interest is to be paid quar-
terly.
Now look at it; The debt, every
dollar Of which could have been paid
of years and years ago III greenbacks,
has increased from a little over one
billion in 1865, to nearly five billions
when finally paid
And in the meantime the people
have paid more interest in gold than
the entire DEBT in 1861!
Again: Tie people have already
paid 81, $50, 1914, J0l ,13 for interest
alone. And they still have to pay in
interest the SUM Of 81, 665, 1886, 1877
making total OF interest alone OF
s4,262 PSI, O88!
And this on a debt of about one-forti-
eth the interest TO be paid
In other words the interest alone
amounts to forty times the original
principal
And when this interest has been
paid, there is still the principal to pay,
and that has been doubled
And all this principal and interest
is payable In coin, and not content
with this, the Money Power and John
Sherman demonetized silver, so as to
make it all payable i'll gold!
The foregoing, bad and awful as it
is, is only
A SMALL PART or THE STEAL!
For the Money Power and John Sher-
man have contracted the currency and
caused such q sArinkage of values and
wages that 81 is harder to get now
than was So in 1865. This is Just the
same as though the debt and interest
had been treb!ed
Had the thieves made the debt
three times as large in 1865 and left
the money alone, it would have been
easier paying then than it is now!
When the debt is finally paid the
people will have paid to the Money
Power in gold principal and interest,
the sum OF
s6.168, 657, 100!
And for all this, the Money Power
let the government have in gold about
$500, 900, 600. Or, put it in this way:
Money Power loaned the United
States, $500, 0G0,0 600.
United States paid for same So
46S, So 100:
Being over 5000 millions more iii
gold than was loanedi
This is the biggest steal on earth I
And the thieves are yet alive And (.
more than that they are talkin. about
Honesty And more than that, many
of them sit in banks, parlors, and shave /
notes with money loaned to them by I
the government for nothing. And +
more than that, they say Congress
Mt ls.,., vzoea To- .ss,4l