Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1878-10-25
Sl.76S.OO0.OOO
Making q total Of


Then they declare that on Jan. l. 1868, this coun
try had currency to the amount of 81 ,76S, 600 0O0
when in truth to obtain that sum they have added
up the amounts out at four different times. But
LEI me illustrate that way OF figuring up large
sum.
On the first day of January, 1864. the census
taker comes along and inquiries as to the members
of your family, and Won respond "a wife and eight
children" Jan. |, 1865, he calls again, and You
answer - before, - wife and eight children.
Jan. !, 1876. he comes again, and you answer. "a
wife and nine children" He comes again in 1877
aud you make the same report. Now, figure upon
the principle adopted by these new fnancers and
you will be surprised to find yourself possessed OF
four wives and "a children. Now, l should think
you Greenbackers would hang your heads in
| shame to peddle out such doctrines as these
But they tell us about the "bloated boudhold-
ers." Who are the bloated bondholders WHY,
every laboring man, and every poor widow or or.
phan child who puts dollar into savings bank
is bloated bondholder; for every well managed
savings bank finds the safest investment of its sur
plus funds in Government bonds. The emigrant
who comes to our shores with his little savings of
800 or 500 will be found in possession of one or
more of our bonds. Your Secretary of the Treas
ury will tell you that bonds are chiefly held
oy parties holding small quantities of them. Not
more than one ont of every 100 holders of our
bonds owns $4,000 worth of them. Our bonds
| are owned to day by citizens of every civilized ma
ton in the world. Any policy that should depre-
cate or destroy the value of our bonds would fall
most heavily upon the poor widow and orphan,
whose all Is Invested in these securities, rather
| than the wealthy man, who seldom has his all in
these bonds-only portion of his surplus funds.
God has commanded that ain the sweat Of thy
brow shalt thou eat bread" But the greenback
ers have made new discovery, that the law now
| reads. BY fiat Of Government shall you be made
rich Tell me how you are going to get money
without working for II. The greenbacker saws
make fiat money but how are you going to ge,
fiat" money. even, unless you have something "a
sell You must mean some other process of get
ting the fiat money for you can get plenty OF
good money now If YOU have ANYTHING to sell
Suppose we make snd distribute 81 TO each per.
son: the tramp wouldn't have enough for hall
days drunk. Suppose we make it $40 to each il
wouldn't last him week, and only pay the third
OF the price Of one speech of one Of those politca
traBps. II we are to issue a fiat dollar, we might
| as well make every one q millionaire aud don't
with il. II don't cost any more to print million
dollar absolute money" fiat" than it does &c
print 81. But the tramp then comes to me an,
says 81 have got million dollars, and | wan
to buy one of your Percheron horses" tel
him: 81 will sell, but want million dollars TO
the horse But" says he, "vou only aske,
$500 yesterday" | answer THAT is true, blu
horses have riz ! can't take less than million
now. II you owed me, the Government nigh
compel me to take that paper and pocket the loss
bnt you can't compel me to sell you horse for it,