The comet. [volume] (Jackson, Miss.) 1877-1882, 1879-05-31

and conditions of the people. If the
holders of this latter form of security
have by reason of their wealth, no occa-
sion to use the same, they can lock it up in
their iron safes as they now do gold, silver
and interest bearing bonds. 1t Is however
said that it will draw no interest, so much
the better, .as thereby 1t Will force its IN
vestnlent in land or some other properly
and pass and repass throughout the wnoie
ramihcations of society. under .nis
process money should become too apun-
dant lit can be reduced and regulated Dy
and through the revenue laws 10 meet az al
times the requirements OF society anu Dusi-
ness.
1t tx difficult to imagine anything more
mischievous than the present nnancial sys-
! tenn oil the United States on all the pur-
suits of life. They discourage industry
and foster speculation and lead to proai-
gality and corruption. With the vast IN
crease of the profits and influence, BANK
ers. bondholders ana corporations are
gradually concentrating in Themselves most
Of the prizes of life, wealth and influence
to thu great disparagement of the gener--
GUS pursuits of society. The present and
! risinf generations are SO under their deadS
enind influence as to be almost without the
humbest aspirations. Whenl contemplate
the obstacles to success thrown in the way
of our young men by these influences, L
am saddened almost to despair. These
tvrants, through the aid of the government,
acquired mortgage on our estates and the
products of labor and succeeded in mana
cling the patriotic masses with the chains OF
poverty and are now seeking to beguile
them with the destinations of power.
These hard and unsympathetic task-mas-
ters take annually from the labor OF the
people near two hundred and fifty millions
of dollars to support them in the splendors
of a luxurious life. They have, by greed
and unscrupulous combinations, de-
NOR allied society, disorganized business,
rendered real estate unsaleable, deprived
labor of its Just reward, and the means OF
ueation, The fruits of life OF toll and
care disappear before their advancing pow
ar. and. as a consequence, houses, fences
and orchards are in dilapidated state, with
morality and intellectual Improvement
everywhere on the wane, and crime in all
of its conceivable forms increasing, oul
old men beholding the prostration of indus.
trial production and the gloom that shroudf
the future, are dying in despair; our young
men of generous ardor are leaving in search
of homes in the Western wilds; large num-
bers of our agricultural laborers, are in q
spirit of reckless desperation fleeing from
their native land to places of refuge among
strangers. Our Congress has degenerated
into a gladiatorial contest for party ascen
dancy, reveling in party strife and persona
ordinations. When complaint is made,
and remt dies suggested we are admonlsheo
to be quiet, lest we disturb the harmony OF
Presidential candidate. p our manhood SC
impaired, our aspirations SO ignoble, as ia
longer slavishly submit to these manifold
wrongs, and become ''hewers of wood anc
drawers of watern for these denominations
of desolation.
Another mournful evidence of the de-
prayity of the times is the manifestation OF
certain partisans to characterize the action
of the people who seek, in their own chosen
way. to redress these great wrongs, al
'sRadical Republicans in disguise, seeking
bv fraud and deception to re-establish that
party in this State The charge is untrue
and whether intended or not, is in the in
terest of bondholders, bankers and monop
plies to the detriment of the community
The reckless audacity of the assumption is
best understood, when we remember that
the principles of the National party are il
direct antagonism to the principles of the
Republican party, to defeat which, frequent
alliances, offensive and defensive have been
| formed between the Democratic and Ma
tional parties in the West and North.
This is O species of nlnnaarous hull-dnz~
ing which must be met in becoming man
ner and with a determination to uphold
principle and the rights of the people at all
i hazards. Such, however, is the lnvetarancy
of party spirit and its baneful influences up
on the consciences of mankind, that men
will thus impugn the motives of others;
will, whenever it is necessary to the ascen'
dancy of either party, form alliances with
any element however much hated; indeed
I venture to say that they are now thus en-
Gagged in some particular localities. You
cali upon me to come forward and confront
these evils which are SO deeply rooted as to
be almost, if not quite incurable. The
thought is appalling when their magnitude
il considered. We have the Democratic and
Republican parties, Bopdholders, Bankers,
and all enemies of free institutions, array
ed against us. They have patronage and
money, can buy and use influential agen-
ctes, establish and maintain newspapers,
manipulate conventions, and stuff and rob
baIlot-boxes. Our means of assault and
defence consists in truth and Justice,
and the moral power of an impoverished,
but unpurchasable yeomanry, and as ''pow-
Or can only be resisted by power, tendency
by tendency, you cannot fail to perceive
! the great inequality of forces but l am
persuaded that by hard work, patience and
an earnest exercise of faith in the virtue,
| intelligence and patriotism of the people,
that success is attainable.
Having now presented my views of the
course and the measures, the policy of the
country, looking to its liberty and lasting
prosperity, require" 1 will now state that
''deep popular excitements are never with
out some reason, and ought ever to be
treated with respect" and command the
consideration of the wisest craftsmanship
If this struggle is to go on, if the wide
spread blight, which has blasted the hopes
of so many, and precipitated thousands
from affluence to poverty are to be I'M
needed; if legislative and executive en-
croachments, tariffs, banks and bonded
debts, and extravagant expenditures are to
continue; if the infatuated clements of the
/ Republican and Democratic parties are to
continue to hold high carnival in seats of
power and authority, we may bid adieu to
the salvation of the country and its repub-
/ lican institutions.
In conclusion 1 advise all who favor the
foregoing principles, and do earnestly de-
sire their practical execution In every de-
partment of government, and their appli-
cation to the wants and necessities of the
people, to form themselves into Greenback
clubs all over the State. Each club, should
on its organization, appoint an executive
committee, with authority to form other
clubs, these committees to be standing del
egates to a county convention, which
should assemble at some central place, at
the earliest practicable time, to organize
the country by the election of suitable
officers. This county convention should
appoint delegates to State Convention to
meet at some central point as soon as
practicable, to organize the National party
in this State. 1t is important to have can
dilates of your own party for all political