The Weston Democrat. [volume] (Weston, W. Va.) 1875-current, 1878-05-04

49, SASSthS ~ tetS ~hANht
class Of people. without any exception,
as the bill which was passed and sent to
tho Senate. Congratulations from all
classes merchants, traders, manuIac.
turcrs, mechanics and laborcrs poured
10 upon US from all quarters. The
Boards of Trade from Boston, Now
York, Philadelphia, Cincinnati, Louis.
vile, St. Louis, Chicago and alilwau.
kee approved its provisions and urged
its passage as it was. ! have a dis.
patch from the Chamber Of Commerce
Of Cincinnati, sent to the Secretary Of
tho Treasury, aud BY him to me, urg.
ing the speedy passage Of the bill as it
passed tic House. kis true there wds
udolefI sound came up from The eau.
erNs Of The bullion brokers and from The
saloons Of associated Ltnks Their
Cashiers and agents rerc soon on The
ground, and persuaded The Senate, .oih
but little detiberu.iOa, 10 mangLc and
destroy xhat it hal cost The House
months to digest, consider aud pass.
They fell upon the bill in hot haste,
and SO di.dgured and deformcd 1t that
its very father wonld not know it. 10.
stead of being beueticent and iuvigor-
atiug measure, it is nov positively mis-.
chicvous. 1t has all the lad qualities
which its enemies charged on the orig
inal bill, and mono Of ito benefits. 1t
now creates money, and BIZ its very
terms declares it a deprecated curren-
cy. 1t makes two classes Of money
one for tho banks aud brokers, and an-
other for the people, 1t discriminates
between tho rights Of ditfG cnL classes
OF creditors. allowing tho rich capital
lists to demand gold, and compelling the
ordinary lender Of money on individual
security to receive notes which the
Government has purposcly disorc1ited."
Congressional Globe Of February %.
1862.
This discrimination by tho Govern.
mcut against tho grccuback, the
money Of its own creation, eau sed the
grceuback to depreciate to such IN ex.
tent that just before the close Of the
war, one dollar in gold was worth teO
dollars ant eighty sic cents in green.
backs; or tue grceuback at the limo Of
its greatest depreciation, was worth
only fraction less than thirty: fec
cents on tho dollar in gold. But in
spite of its disgrace, the grocnoack
fought out the war TO successful con-
clusiou. and proved itself 10 bc the best
money that tho peOpls Of this country
hav0 ever hal-"a money of their own
making, with the seal Of their own
government upon it; lieu upon the
entire National wealth, in which they
had perfect faith 4; asked for no other,
and desired no better circulating medi.
um." This is tho verdict now Of many
of our most eminent politicians, WIN
ormcrly-during the war-wcre op.
poscd to the issue Of gtceu5aeks BY the
Government. Let it not DO forgotten
that the grecaLack was the money
which carried on the war aud if you
should hear ulen boast nowadays that
they had loaned their money to the
Government to help put down the re.
bellion, mark them as liars. who. prob.
ably had their money III old carpet.bags,
hid away in barrels Of rugs, amid the
plumber Of their own or their nsighbors'
garrets, aud in other equally outlaudish
places. until the result of the war was
no longer in doubt, and the opportun.
ity Of usury aud great gain brought
the hidden treasures Of gold aad silver
Of tho miscr forth from its hiding place
to take advantage Of the rich harvest to
be gathered in purchasing in a lepre.
cinted paper, 4 bond Of the United
States bearing tho high rate Of six per
cent per year interest. payable in cOiu
sctnianuually. and free from all tae.
JAMES BASEL.
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