The Somerset press. [volume] (Somerset, Ohio) 1873-1977, 1879-03-27

chared a large amount of bonds payable
in greenbasks, at sixty cents on the dollar
1t fraudulently changed these bonds into
gold bonds to increase their value, againit |
the interests of three fourths of the people. |
Then these repudiators fraudulently de-
monitized silver to make their money and
bonds still more valuable. They contarct-
ed the greenback and currency in circula-
tioD, well knowing that it would reduce
the value of every farm, homestead, and
all property more than one-half, and in
crease the purchasing power of their bonds
and money, to the ruin of the people. Now
tell me if they are not the worst kind of
repudiators? II not, why not? Why do
your laws compel poor drayman or the
cultivator of a few acres of rented land to
pay more taxes on his half-starved team
than the owner of a hundred millions of
dollars in bonds?
Half the time spent by your political
demagogues in Congress to make party
capital, trying to prove that the leaders of
both the old parties ought to be in some
penitentiary, If devoted to honest legisla-
lstion for the country, would remedy most
of the wrongs; would substitute greenbacks
in the place of bank notes, and thus relieve
the people of the payment of over twenty
millions year to the lordly money power;
would make tax law that would compel
all to pay just proportion of the taxes on
thesr wealth, and thereby relieve honest
labor from supporting its oppressors.
The money power do not want honest
legislation. With it they could not COB
BILE up twenty. FIVE thnusand miles of rail-
road at less than the iron is worth. They
could not acquire by grants hundreds Of
thousands of acres OF your finest lands to
speculate on the men of toll. They conld
not purchase your hnmes, forges, factories
and all kinds Of property, at ond-6fth of
its value. Greenbacks instead of bonds
would stop their harvest in the business,
and relieve you from oppsession. The
contraction of the greenbacks broughtruin
on the country; the expansion of the bonds
consumated that ruin.
The last Congress voted tribe Of savage
Indians a reservation of land, clothing
provisions necessary to keep them from
suffering, but two hundred and twelve
members, composed of the leaders of both
the old parties voted against serving the
unfortunate Christian men who were re-
duced to want by the Infamous class laws
in the same way, or to loan them five hun
dred dollars on interest to enable them tc
settle on a homestead, where they coult
makea comfortable living, pay back th'
money and interest, develop the country
and add wealth to the nation. Ny friends
organize in clubs Of tens, ,fftys and hun
dreds all over the country and retire b.
vote these hipocritics and demegogues VIII
, prefer the savage to their fellow Christ
ian men, from the offices they degrade.
Don't trust these old party leaders. The,
are forging the chains to bind you in wors
; than slavery. The slaves were sure Q
food and clothing from their masters. TIL
repudiators will rob you of your earning
and let you starve to death.
The leading papers Of the money powe
are congratulating each other on trade i
n the markets of the world" This sim
lar to the claim of honest money.
Z is intended as fraud and delusion to a.
v the laboring classes. Its true meaning
n ruin and poverty to labor. 1t means tn,
= the price of labor shall be so reduced tn.
;, its productions can be shipped to the ma
!. ksts of the world and sold SO cheap to con
pete with the poorly-fed Englishman, Il
oppressed German or the rat-eatsng Chin
; man. Beware of this kind of prosperit
It is a snare and delusion. We want {
competition with the pauper labor of Il
:, old world, but we do want protectit
against such labor. Our country produc
:, les Of life. We have the habits, custor
and civilizations, new inventions, cons
: tutions and laws, and all claim to stand
: an equality before the law. No class
- our people should be compelled by law
compete with the half paid labor of t
" old world, nor should any one class
" protected by law in unjustly appropriate
10 the profits Of laber to enable them to q
&C. the nobility Of the old world. No chart'
az ed banks of issue. We want a new fin,
tial system that will correspond with {
" institutions, that will develop our reso
% ces, that cannot be expanded or contract
- at the will of the money power of the
world or even the new, which shall be I
W ed by law and always be unchangeat
except to keep pace with the increase
- wealth and population Of the country ST.
=, rsystem will give continued and profita
employment to our people and q home m
.,0 -, ket for our products. The greenback v
e constitute this system, with the free CO
=" age of gold and silver. With such a q
10 tenn no foreign or domestic pressure or
Vs. can effect our finances. No pressure of
the Banks of England or any other foreign bs
is can disturb our business injuriously.
AN borers of the old world may strike, re
of lutions roll on, kings may be hurled fl
ass their thrones, but liberty, justice and la
in our own happy land will prosper
,ne live, for the encouragement of the hun
der family. TT. MAe1NNIi
ex- GAINESVILLE, Ohio, March 10th, 1879
all
ma CVLUMbUS LETTER.
10 Corrosnondant ~ Tur Ppvss