Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-02-27

WASHINGTON. Feb. 26.-The following ad-
dress was issued by the Greenback members
elect at their meeting in this city to-day:
To the People of the United States.
The MISUNDERSTANDING Representatives
elected to the Forty-sixth Congress, feeling the
grave responsibility imposed on them, have
met in consultation and deem it proper to adj
wise you of the results. The need of moro per-
feet organization engaged our serious attention.
As against labor and capital invested in pro-
ductive and commercial enterprises, the money
loaning interest is deliberately and thoroughly
organized. This gigantic power embraces the
national administration and legislature, the
MACHINERY AND LEADERSHIP
of the Republican and Democratic parties, and
more than two thousand national banks, form
ing banking system yet in the infancy of its
power, whose operation has transferred the con-
troll of issuing and regulating the volume of
paper money from the government, where the
constitution vests it. to these corporations whose
directors are not responsible to the people.
Back of this organization, inspiring and con-
trolling it, is arrayed the colossal money power
of Europe. It has controlled legislatures and
executive officers, largely subsidized the press
and endangered the purity of the judiciary by
means of usury and the appreciation of the
value Of mouey. By contracting it, it has alb
sorbed the accumulated wealth of the nation,
and gained
MORTGAGE UPON THE PRODUCTIVE POWER OF THE
FUTURE.
The Indebtedness of the people, private,
corporate, municipal, State and nation, is more
than the entire property of the country would
bring in money. This Indebtedness expresses
the immense capital gained by the money
brokers. Through the terrible pressure of its
annual interest, productive and commercial
energy have been paralized and the masses of
our people have been plunged into condition
OF increasing poverty, want and misery, which
Is embittering them to degree perilous to the
peace of society and the stability of our govern
ment. The agents of the money power have
sought to blind the people to its spoilations by
charging their distress to extravaganza, by a
false clamor for honest money, and by the
promise of speedy relief through resumption
of specie payments What they call resumption
has come, but the distress intensifies and the
prospect under their policy darkens. We have
reached dread crisis. It is the mission of our
party to meet this crisis and avert measureless
ruin. It threatens to do this. We must over.
| throw the powerful and
ENTRENcHED BANKING SYSTEM
and restore to the government. where the fun
damental law places it, the sole power to issue
| money, regulate its value and determine its
! volume. We must stop the increase of the
interest bearing indebtedness, and speedily as
possible, in accordance with the letter of the
original contract, cancel that which has ac-
| crued. We must secure volume of full legal
| tender money equal to the demands of pros
gigantic task. Only by united efforts of those
who suffer can we accomplish it. We are fully
| convinced that
! DEPARTURE FROM THE OLD PARTIES
whose leaders, machinery and press are mostly
allied with the money power, is demanded. I'm
PEELED by this conviction, we have resolved to
act together in organizing the next house of
Congress that we may better secure such legis-
| lation as will accomplish the desired result.
We are assured that enough members enter
tanning our views have been elected to
HOLD THE BALANCE OF POWER
We propose to WELD that power for the sole
purpose of embodying our principles in law.
We call upon you to unite in every precinct,
city, town, county, Congressional district and
State organizations for the same ends We
also invite all greenback and labor clubs by
whomsoever organized or. chartered to place
themselves in communication with their re.
spective county and State organizations and
through them with the Headquarters of the
National executive committee, Washington,
d. q. We earnestly caution suffering against
all who seek to inspire disloyal acts or even
threats. The treason would be madness be-
cause the ballot is in our hands, the admins
| tratlon is what tho votes of the people have
made it and within two years they can change
it by the same
PEACEFUL PROCESS.
We seek relief only through the ballot. The
future is full of hope. Our party has gained
more than million votes within the last wear.
and we are assured from all parts of the nation
that the nomination which gave us that unpar-
alleled advance is SO increasing as to make sue
cess IN 1880 certain. Therefore let not the suf-
fering yield to despair, nor the Justly indip-
nant resort to violence.
(Signed) GILBERT De LAMArrR,
Chairman of the Committee on Address.