The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1878-02-08

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hnlaHN sn thsi ssats ssfwsNtaun. fH whirh
they nes~t psid ANYTHING.
| ia is0s ihe tlusssnmesss Sid thee t~anAs.
amounting nn their face n tssi IVA asa.
4 Again The Otos.nment rsxs4sesi nais det4e-
rsAtsa rA,ws fof three tusiA elstgstlens, ami ~
that ti,nr uatt currency ~ss snssme,ssas aeIsesi.
alesi, u tried lay The gold standard. The prior
| ~ gold during that year wAs NJ Al average 81
| 2ei Ia currency, Tie sale ~ These ts,ads.
therefore. which Arr now ASSUMED n he guia
loiid~, only frAiigcd la the tlnssfniaeit sisn.
eps ga IN gold. less than o.e.iaf II the.s face
ssl,,r, There was ieft to ihe .arii Allsis Who
K1~ salAtrsl In them ~ purchasers the immense
lroiii " tlpi. sal.Git This WAS the An.uuni
| ~ the lfckcrs ~hnse. AID IN II he hak drawn
inscrr-, fton The rsnll. fnt ten wars, sinnnn..
W. principal which stands ~ pure slWcnla hon,
ard W. iind that thu hoiidholdtrs have made
as clear gain. ~ runs.thing fnf nothing, tht
nm, ~ SD tsi. - On the one scsr'e trans.
scsinn W lSG4
III isss The Government ,cll bond. 10 ne
amount ~ earn. 7t6 itn, IN which II suffered i
discount 10 s7i. IN. 0tD II the hands III ths
capitalists The interest already PAIL by ths
reot h. on this discount reaches sas.Gl7.Ju7
making this years operation realize for TIN
bondhull.rs siin, i5a,3 d1, for which not On,
cont was ever PAID.
lie bonds, for ~hie!. II received Deprecated
paper currency amounting IN ess, Sol. 533 Il
gold, according to tho then price of gold. TIL
difference between the face vi these bonds AM
the Amonnt thcy realized to the aovernmen
was tSG3aa627. Eight years interest -
ccivcd on this shave amounts 10 sl7.t3t, so
Adding this intorest and principal tugeihe,
and we ilnd that tho bondhalslers have receives
&Aa,75 ,ls3 ont u this years sale II bonds n
which not one dollar ever lets iii Ii Golfers q
. reached tho United states treasury.
In 1897 the Government sold III IL bnnsls n,
: Immense sum III *i2i. l0a, 6tN. The purchaser
paid for them *3Da, III, nna, having 4 clrs
ront a. them On thu operation of &iis2ai, Dl
Taking the intcrcst on this profit fur soye
ycars, amounting ~ an. Osl, ONT. already pAi,
aud tho rlcculators have In their pockets,
these bonds are 10 he paid IN gold III. snia
! tiGTgla, 7ti ON this years ntukrrsR., aud I,
/ which they never gave \ farihing la consider
t.un,
In iaGs tho Government snld liz bonds 10 Il
still further amount II si95. AL. 500. The
| purchasers paid .3iaJ2d, 3aJ for them. cca
: Ing by that annual speculation the sum
$ii2Gl7,tr7. Add siN years intcrest on n,
bonus, amounting To al. Oh I'm, 10 tho bon,
, itself, and We find that these tfaNickers In
nations peril. have received In this operate
siha LOO, 7Gb II tho peoples n,onsy, for whit,
not tho rllgh,us. equivalent Was ever paid ~
the United States treasury.
In addition u tho foregoing lof cva
bonds. the dp,erument III different tlnrs sisi
/ ing tho years mentioned isracd aud ~
| +ip5. III, $50 of tondr bearing . pcr cent. III
realized 10 the Government 8i12. p57 ,4t0, III
!. leaving u tho purchasers net profit
Y #72.lS9, lao. Interest already paid Oh II
profit amounts IL I'D, LII, ia. which, added
\ The profit it~clf, make. thu s,lm VI tDs 9D7, y
i ~ tho amount now In thu pockets IT tho bon,
/ holders growing out " their operations III q
!. . Ter cent. bonds, and for which there IL n
Y the sigltcnt consideration.
4 An account Vi this bondhulders' clear prof
arising from no Investments III NIL may thct
4 fore be stated In the following tabular form,