The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1879-05-23


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IN shs nf~i rlaee. NY f~iln~ rl,i
seAs" have ~ money. Every dollar
hoMri~i. ~ In sifrulAssoA b~icnes IA
the hanks and mensy LENDERS. ~ho
have claims Aran the business and
sWtrrpsise n the country FOR three
sisnes the amour, there h maney III
existence, There n l~ss than cam.
sAM0pp In circulation. aud over o..
AOO. Mn.U sn due the ,snnks.
Who then arr II receive ,h~ ,~nc.
A. n The appreciated et~enb~cks
Eighteen hundred millions os legal
tender money due 10 banks and
money. lenders. have been doubled
In value.
Forty Thousand millions az proper.
~ owned By producing enterprise,
and bank debtors. has been robbed
OF half In value.
For every dollar. that money hA~
Increased In value. property has lost
two dollars.
There u forty timca the value III
that there II Of money,
consequently go has been taken
from the value Of every $40 worth,
Of property In order to bring the dol.
lar due to Shylock up to par with
gold.
Al the money which 10 duo and
payable 70 the banker, has advanced
n value. the property Of the debtor
and his means Of payment have d..
clincd IN an equal ratio.
There would have been moro truth
IN the 6ccretarys speech II no had
substituted the following:
NY fellow citizens. - your publ.
opprcssor and enemy. I have cngng.
ed In a work to destroy your pros.
pcrity. and blast your prospects.
II have sought to bring tho green
back UP 70 par with gold. that the
fixcd incomes of the bondholder and
Insurer. TO Be paid from tho product.
Of your labor may Be doubled In vsl
no.
THE billions Of debts you con.
tracted to pay In chcap currency, a
dollar Of which you might obtain IL,
one bushel Of corn, l have made
payable In dearcr money. so dear
that II will take four bushels OF corn
TO obtain one dollar.
y have deprecated the value al
your property. go, O0O, O0o, 600.
II have thrown labor tho only
capital Of the poor man. ont Of mark
e.
Il have reduced tho price OF the
TOW days work which labor can get
to onc.third what Il was . iew years
since.
II have driven 10000 business
men and drms 70 the wall Of bank.
rnptcy.
= have wrecked and ruined towns
and cities.
y have driven 10000 souls Ia
desperation .nd suicide.
II have driven tens OF Thousands
Of your wives and sisters TO vice and
shame for subsistence.
II have deprived tho wives and
children OF Q million laborers ol
comfortable homea and barred the
doors Of tho school and house or God
Against them with their own rags.
The sacrifice on your part has
boon great, no doubt, and grlcvonr
20 bear, but when ! reflect that the
dollars you owe 70 bankers and ~.
urers have doubled In value sinu.
you contracted 70 pay them. and tina,
what you have lost they have gained
] know you will thank me.
And now. dear friends. tho trair
- about 10 leave, but remember wher
you get up In tho morning. that thu
dollar. which not one In ten 0s 20,
had m opportunity to earn thu d.,
before, will not afford you half ..
much u tho c0mforts Or life a. dic
the two and three dollars which each
of You earned every day ID the week
= few years since"
This would have been the truth
the whole truth, and nothing but III,