The daily gazette., 1878-10-29

honest, they demand shall be retained as
,he currency OF the country. These Shy
ioch ehariatans and radical conspirators
were profoundly in love with greenbacks
wneh they were worth 90 cents on the
dollar as compared with gold, and insist
ed That the government should receive
tiem for bonds bearing high interest at
thelr face value. This accomplished
soft" money became to them specially
obnoxious, and to promote their own
lseiilsh purposes they influenced the radi-
cal party to abrogate the bond contract
under which their ''soft" money was in
vested and make new contract in which
The bonds purchased with "soft moneys
were made payable in gold, and by this
coup detdt in legislation the people were
sWlndled out of at least S600,0OO, 900.
winch went directly into the pockets of
the Shylocks. Not content with this the
Shylocks discovered that by vigorous
hue and cry against "soft money! still
greater gains could be made, and so thew
at once demanded that all the "soft
money" should he redeemed in gold.-
This proposition was piratical in its worst
sense, but as there was money in il to the
ohylocks, 1t was acted upon regardless of
the welfare of the people, and the pre-
paratory work for resumption commenc-
ed.
Contraction of the volume of ssoft
money" was resolved upon, and for years
the cursed work has gone steadily for
ward. The cry against "dishonest
money has been kept up. This ''soft
money" denounced as "dishonest" had
vitalized business. 1t had made the
country, from centre to circumference,
one vast hive of industry there was
lgrowth and development there was
enough and to spare in the homes of the
laboring masses; there was no complaint
of over production the people uttered
no word OF complaint against greenbacks
or "soit money!" it suited them ; but
Shylocks grew rich upon wrecks, and
hence contraction. 1t produced its crop
of curses in due time. After contracting
the currency more than thousand mil
lion of dollars the panic came. Con-
traction went on, and the panic contirl-
ued. The consequent disasters defy es-
timate. Great commercial houses and
industrial establishments suddenly dis
appeared, and the country was enveloped
IN gloom. 1t was glorious time for
Shylocks. Their mortgages were as ef-
fective as Calling guns. They had the
money, and its purchasing power had
been immensely increased. While every
thing else declined in value, mortgages
and bonds went up. They cut their
pounds of flesh so near the hearts of their
Victims that thousands and tens of thous-
ands of them bled to death under the
operation. ''Soft money" disappeared
and prosperity, thrift, work and wages
farms and factories, also disappeared
Hard money and hard times, contraction
! poverty, idleness, tramps and crime came
trooping along together. The cry against
''soft money" had its legitimate effect
Shylocks were happy amidst the desola
ton they had created. The people sal
in rags and ashes. AS result there wa,
unrest and indignation. The people be
gan to comprehend the treachery of Shy
locks and their radical co-workers, ant
resolved to resist their cursed policy
The first movement was if possible to ar
, rest contraction, stop the shrinkage o
/ values, and thereby revive business, vital
I ize industries, and give the people EN-
f ployment. The wild denunciation o
''soft money" had lost its force. Dema
+ gogism was at discount.
The damnable sJratagems of the none,
power were comprehended-a revolu
ton was born. The democratic part
took possession of empire states and O
the national house of representatives
Profligacy was arrested, thieyery wa
4 denounced, scoundrehsm exposed. Th
policy of the radical Shylock party wa
: mapped out before the indignant gaz
I of the people. The zgzag pathway o
l Sh Elnaxa and fhfauaa from thA nnaIx M n
= the people and the treasury of the coun
o try to tLeir dens were drawn in line
3 black as night. The silver dollar was re
I monetized while the howls of Shylock
il mingled with the shouts of the people
g No war was made upon gold or silver; o.
= the contrary, efforts were made to in
s crease the value of metallic currency
But this was not enough. The green
I back dollar was proclaimed an "hones
4 dollar" and the people responded wit
: amens. John Sherman's hand was stale
e The $346, 100000 of greenbacks must nc
}, be further contracted The country mus
J have money enough-gold, silver an
b greenbacks-to transact its legitimat
II business. This is an honest policy.
J. meets the demands of business, and
Q bound to be adopted. The people ow
d this country. They are honest. The
b paw the taxes. They support the COVER
a ment, and their welfare is to be consu
C ted. Shylocks have had their day. The
Q have murdered business. They hav
a bludgeoned the industries of the countr.
h They have robbed the people. Rad
: calsm and Shylockism are synonvmou
!; terms. Both are infamous. The peopl
/ propose to pay their debts. They ar
n willing to be taxed for that purpose. The
Q bear their burdens with a heroism ths
h never flags; but they are determined nc
Q to be made hewers of wood and drawer
IS of water for the sole benefit of the none
o power. They will no longer wear th
$ badge of servitude. Freemen, not slave
It sovereigns in their own right, not sui
If jects, they have resolved to change th
,, Shylock policy. "Soft money" an
G "hardl lmoney" combined and enough of
% to restore prosperity to the country,
II The requirement, and this they will hav
10 as certain as that the rivers flow to IL
y sea.