The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1879-09-19
a.

- tssswsNA ffssrttes tMHFAsH AfaA IA
~ salseA NsAsts II ~ ssA sHsa.u IT,
sMlswAa susesess tessaAN asss. "a sasAh
gs#AttNs shs Asas#, rusia HhA tslt
tlAAist afstrrst lstssan# At1sa ttsha
faHsss@i NE arrsera.t Asss a rsssss.
,nsiisianais ard snsshsss stuss sstssi
pnmta, 1hss pnsitr aela n ~ Srsa
t.s ~ sn asssAar rate "A u hhss 7 res
rent ,wf annmm. which ameanss " shs
enntmnns Tam IA tsts,saWAiHas
The snsal sslne u ril rtuI~ts., feai
and personal, IN III. aissi Htases, ~
esss.lsnv sn III. esf,.ns ssl~,st IN iHsn, II
tiE.Aas Naa lteha. 1isr Estimated ~rAlih
III shr iav+eni sisMs il tH,tsHl ,Hsi sNH.
unei third. ~ tiu.us,sN .oN,o ~ this il
nun productive Isfpretts. - iAnas nui
anlrr hllarr. iufn,snfr. rie.
The ssvtagr nut incsnse ftrm the
thn,wsn u,n.nsN, III productive capital IA
andes = per cent pef anhutn. ~ t,s,Ns,.
tHAl.tAsn.
Thus " appear. that W. owr NOR.
ilan halt ~ arr wersh In productive
property, and The interest en- what we
ave Ainuan.s ~ tasn,n,u.uuu year
mpre than mir total nri inrumr.
II ~ plain that unless the interest
shall be reduced We cann.l even ray
that, much less ihe ,lcht itself II IL
plain, Mlre. that II tho interest " hst
paid Ii Ii aided to tho drht, inrrrAxing
il each year, su that In lew senfs more
the Whole debtor class will hu bankrupt.
anil all property will pass into sir handT
III the creditor class. frum wlium moth
ing can over wrcst II but rcsoluE"".
ltisa fact that tho debtors arc In b
majority over their creditors NJ lcAtt
ten ~ ono, The vote III debtor counts
for IA much IN tile vote of creditor
TIL. remedy lies. therefore, In that Al.
lent but potent instrument of power.
l tho ballot
The public debt. and, indeed. ncarl,
! tho whole ot our debt, was made from
| ten tn fifteen years ago, when property
1 oi all sorts wax high and money plenty.
consequent depreciation of property
hAs practically doubled all debts We
| have pail. In interest, mn amount equal
10 the original debt. or nearly or quite
tho whole of what wc owe. Sill. We
arc honorable m wcll m honest; hence
w desire " pay, indeed are determined
ID pay. tho whole III our debts as PER
agreement.
How arc w 10 do this2
IA IL the duty and mission of tho
National arrcnhark party u present Il
practical plan by which this can he
done. and when the party gets into
power II will put this plan into opera
tion by net ~ Congress. Tho chiei
feature Of this programme Ii ~ follows
issue sufficient legal.tcn,lcr. non.in.
tercst.lenfing treasury certificates H.
take MP thc entire interest. t.lraring bond
ed debt Of tho Government. This VT
can do according 10 Inv ~ we'll N
equity. for the bonds were luid for IN
noii.intcrest. bearing treasury notes =
grrcnhueks. and by the original consrae!
were payable In the ralir nj tho optioi,
III tho Government, tho 5.21lH any tim.
utter iive years, aud the lu.lUs my time
after ten years from date of i..iic. Thiu
womld reduce our interest tl.D. .ttp0. .nuO
and increase the volume III currency ta
about what IL wa. when thu debt wa.
contracted, restoring property and lAboi
to their former prices This t2.MW..
,Mo.NN of money would 90 into pro-
dnctive industries. thc effect of wlllcl,
Monld be to give to every man, woman,
bns and girl. who desired II, employ.
u,ent 1t good wages. This would trebl.
our productions IN every department
10 that. instead u onr income falling
s25l, 600 .ltD below nnr interest account
annually, il would r.se above IL nearly
II 100 ObDu.DDO. This enormous sn,ll
~ cOnid apply on otir State, county
city. railroad and private debts, rcdnc'
Ing them 10 tV.OOD 100000 the frsi
year, and by that reduction Saving over
sn.OOO. .OOD pi interest the second year
At this rate. within seven years ~
could pay our entire debt. and eone
ont i FREQ and prosperous people, and
the richest and happicst Oh the globe
/ This plan Il opposed w both the old
parties, Democratic and Republican. |,
|. tho central plank IN tho platform d
she National party. II yon liko II, sot.
thu National ticket.
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