The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1878-09-28
Tne werl.Ins1men /, ana .he ourreney.

From The ST. Louis Post. X So
Ifthe workingmen OF the Uuited States
could be madeto understand the currency
question they would be for resumption to
q man. Wepropose in this article to point
out one Of the less obvious, but none the
less real, Of the many waysin which the
greenback Currency has inflicted upon
them incalculablc damage, The savings
bank is one Of the pillars OF modern olvili-
zation. Itlisthe hope OF the poor, 1t is
the pursuasive preacher OF economy. y.
It Il the most efficient teacher OF some OF
the most valuable lessonsin in lie. 1t is one
Of the most powerful engines yet invented
for lifting the masses ont OF the slough of
poverty and setting them on their feet on
the firm land oil independence: To the
toillne millions the savings bank andithe
principle embodied in 1t ought TO be
sacred. They should be taught; to- look
upon whoever and whatever lays vio-
lent hands on this institution rs their
most deadly enemy! How can confidence
exist inSthe absence OF all security for the
Just repayment Of deposits? What motive
has the tired laborer for taking his scanty
savings, to the. bank when he knows that q
mob Of ranting ldemagog CUES may, under
the miserable .pretence OF issuing q acur.
rency Commensurate With the demands OF
commefce and trade and the wants Of the
people, rob him Of q percentage OF the
fruits of histoil? at as monstrois TO
strip . man Of his savings as to reduce
him to slavery" fsS .55.,.5..,..is a..
The thought otfutpre comfort and lei
sure, the hope that by present toll and frtl.
gality and self.denial he may lift himself
out Of the slough Of poverty, nerves the
arm OF the wearyiworkers with threefold
energy Destroy this hope, create q sus-
picion in his mind that by some tricklhis
hard earnings may slip from his grasp and
20 to swell heill:gotten gains Of some un-
scrupulbus speculator, and he will sink
into an apathetie despair, consume from
day to day. the entire product OF his daily
toll, die a pauper, and leave his children
heirs TO his hopeless poverty.
There are thousands to-day all overthe
couutryd ydepositpg; from week toweek, and
from month to month, portion OF their
earningsin savings banks In, the hope that
| II will come back TO them after many days,
not tonlyunimpaired, but increased in value
BY the Interest accrued, Whoever encour-
dkGa tltdt
whoever dfscourages 1t Is public enemy :
an enemy to civilization, You discourage II
| by your clamof for initiation and deprecia-
ton, by demandlnga tickle, unstable, huc-
tuating currency; currency whose value
no man can predict; acurrenoy that viii
ates all calculations about the future BY in:
Producing 1anI unknown element; a cur
rency that says to- avery laborer, every
mechanic, every clerk, book.keeper, sales.
man, every teacheror clergyman, "spend
as you 60. ii you save anything and loan
1t out you, cannot tell what you may re-
ceiye In payment. What good to deny
yourself for the benefit OF othersP Eat.
drink, and be merry
There arc thousands and thousands oi
these classes saving and lending part Of
their scantys earnings who would cease tc
save and,lend and begin To consume and
destroy II they really believed that the
doctrines Of the Greenbackers would bc
carried Into practice, and the Government
would Violate Its pledged faith and refust
Ito keep It's ofteh:rep peased promises. .s