The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1878-08-30


concessions to him or his unprotected fam |
lily, and paid him S1S per month IN green |
backs for the exquisite privilege of being |
shot at. This was all right; the interest
of the nation demanded it. Why not use
the m oney-ehanger the same way? Was
his property more sacred than the poor
mans property; than the poor mans lifef
II not, then Why take the one and beg for
the otherf Why pay the one what price
you please, in greenbacks, and the other
his own price, in geId-interest bonds!
Why PROSTATE the government at the feet
of a few gold-gamblers, stockholders and
traitors.
eve believe there ought to be more
currency" s'Curreney must have some
thing behind it to make 1t valuable"
GIVE believe the currency Of the country
should be made on 3 par with gold, and
kept there" say you. ALI right, so say
we. But if by that something behind
it, you mean gold, we submit that we
have too much currency now. That some
thing behind it is not sufficiently numer-
Gus to make it "valuable." If you mean
that this backing shall be the wealth and
credit of this great nation. then give us
more currency give enough to raise the
embargo that now rests upon labor and
production; give us enough to pay the
national debt aud save one hundred mil
lions of interest annually. "Make the
currency on par with gold" Now,
please tell us of any better way to do this
than for the power that makes gold mon
ey to make paper money for the same pdr-
poses. The government has the power
to create money sufficient to pay all its
debts, and make 1t absolute money for all
purposes. It's wealth, power anc credit
is ample and sufficient backing, and we
affirm that such money, so issued, cannot
be deprecated, or be less valuable as
money than gold or silver, unless the gov
eminent should so order, and challenge
you to show 30 the contrary.
When we ask that the government shall
do this thing; shall pay its honest debts
In honest money, and stop taxing the
people for millions in interest for the Gre
alton and maintenance of moniea aris-
tocracy in this country, behold the noble
brow of the NEWS man is contracted, and
from the unapprOachable nights of his
vast wisdom he cries out in travail Of
soul, sit is the dream of theorists; has 10
correct business basis.' Bah! What the
government has done 1t can do again, If
it can pay one honest debt in irredeema-
bic paper, it can pay all debts in the
same way.
Suppose we owe the editor OF the NEWS
$780,. and we have the ability to pay it
and stop interest, and make him lawful
tender of the amount. "Can't receive it,"
says my friend. "You are dreaming. 1t
is not business. If take it money will
be depreciatt and values Inflated
Nonsense!
"We merely use Lyon county as an IL
Iuktration," say you. We say that your
illustration is irrelevant; no illustration
at all. To compare the government Of
this nation, with its absolute power to
create money, to the commissioners of Ly-
on county, with their power to audit
claims and draw orders on the treasury
for the payment of the same, is entirely
too transparent. However, If your Illus
tration is good, we have answered it in
our first communication.
NOW, when you were on the bond ques-
ton, why did you not tell your readers
that the bonded debt of the country had
been increased over seven hundred mill
lions Goo, OOO, OO0) since the close of the
war, and was still being increased: that
bonds bearing interest were being Used to
absorb the currency, and not to give cred
it as money; that every act of Congress
providing for the issuing of bonds was
passed at the request and dictation Of
money -lende rs, and not in the interest of
the people. Yours truly,
- e.. ta3JkL. WIEtfAM5.