The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1879-09-12
sslselwralHe ladlcatlsas q Prosper.
H."

The hart money Republican ~.
pcrs Of Iowa. and the speeches of IL
chosen candidates und leaders Arc
congrAtnlattnH the people on the
returning indications Of prosrcr-
ity." This ,nockery " the people
aud their rHlAmitics WAS gone
through with nj Dcs Mbin.s on the
aud Of September. In = public speech
delivered BY Governor Gear. II II
entirely unnecessary to make IN
argument In reply 70 these stcr<c-
typed fAlschootls of the hard money
leaders. Tho hnls page supplement-
No send out this wcek. advertising
nearly half the homes la. the county
for sale for the taxes sNic anil ,la-
linauent thereon. shows that the
wave 81 returning prosperity lnas not
reached this county. And careful
examination of our State exchanges
from more than half the counties oi
tho state. portrays III frightfal char
Mctcrs the utter unrsllWbility AMI
lAlseh0od of the claim Of returning
prosperity" When men who have
lived ~ frugnliy m have the mAss Of
the farmers vi Howard county, de-
nying themselves and families, all Of
the luxuries, md mnny of tne ne
ccsxlti-s ~ liis, and arc unable 70
pay their taxes after meeting other
ncoessary and ordinary expenses ot
growing and marketing their crops,
to tell them,of their prosperity when
such facts exist. Ii ~ false and cruel
~ II tho statement In tht~ speech of
Governor Near's. that extravaganza,
speculation, indolenco and hiRh liv-
Ing arc tho causes of vhc hard timcs.
No, no, Governor, yuu arc mistaken
both IN to the condition and circnnl-
stances 1t tho people. and ~ to the
causes OF tho hard times, the exist.
once ~ which. while admitting, yon
attempt To disproye. Instead Of
calling any "Grccnback lunatlc" to
tell you tho canss u tho hard limos,
~ will introduce John Sherman.
On the 9Th. of January 1868, John
Sherman In 4 speech In the senate.
In opposing contraction u tho cur.
rcney FOR the purposes Of resumption,
said: "A measure TO require the
debtor now to pay hia debt In gold,
TOR currency equivalent to gold. ~.
"quires him to pay - bushels Of
"whcnt when he agreed 70 pay 100.
and II the appreciation IL extended
"through y period OF three years II
''rsquircs him to pay an interest Of
.I9 per- cent ~ addition 70 the rate
he has agreed u pay. X means the
ruin of NIL dealers whose debts cx-
"cccd their cash capital. though ono
'third lc.s than the property. II
''mcans tho full IN all agricultural
"productions without my worry great
production Of taxes. Sir. II II not
"possiblc % inkr this voyage with
''out SORE distress. To every per.
.'son except capitalist oat II debt.
'.or 10 the snlAried officer or Mhnni.
"tant. II u n period u loss, danger,
'lassitudc 81 trade, fall NJ wages.
''sirpcnsIon of enterprise, hank
"rnptcy ~ disaster
Reader, turn bark, and aRain n,al
whit John Sherman said would II.
the effect. aud then reflect upon the
voyage you have rih.r made. md
say II you can. TINT every prediction
he's not been fi,lhil~h ~ the letter.
Public leaders who iRnornnsly head
the people. o. pilot ihr ship II s'n'.
among hidden rocks, should he Ills.
placed Tor better ani more trust.
worthy pilots. Those who knowing
" steer The crnft among thr break.
err that they may plumber tn own.
era. arc pirates. and this Il Just what
John Sherman lAs done with the
people.
But let ~ examine his reasoning
In 1904, IN tho light Of known nnsl
established facts, recognized of nll
men, and see whether hc WINS true In
le0A and false now. or true now. md
false then. In 1874, the year pre-
cecd'ng tho passage u thu rc.nn.p-
tion act, the interest On ths public
debt was 1lO7. il9.si5. TO pay this
interest In oats, one 81 the products
of the farm, let ~ see how many