The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1879-07-25
'1ttt.
INTERNATIONAL I'll 0loa!
u M~Hsss W y Ne~~rA nNAt NJ
tsasss q. NeerA. ee~sWse n
ssvrrMhM~A NrtttMe
W oe~a WWsMes. g.,

v10VsV - W(tsW& N~ybOkV
ssrr~MNM~k NrttlNs
w te<s MwsMe@ ~.
rsssAs j. has ~ sisip asss ~, g. 4 t4~ ~Asa
~ hasnshss, hes f#ss ssse ans nssl, Tsssi i
n. sstne ~ hsmse isis Happiness Ias
ane%iAaa. ,htta. fsH ns NJ Nslse IA lle~ sNs
~ " haprs ~ sn.~st shs. ane%slra sHst.
fstf#gl, i H. sels. she rtva.ltsm ~ hle wAlls
- taas MI l# alb IL ~ass Ibis rfaiism Il
mrs. ii u ~ts esaisNs thai Asri1s, II s~N~h
i,~ tn W. anks,sn quantity III ~hirh II
~sisa u u hss Away. lsea ~ sHd alwass
wsll i~ ~ sssasss u a,~ssAssly .lss~rllna y
trsdiari ..~~'f, ana. sssr NJ -tsr. mankind
e~ole~s fro,a l,sa ~ tluhss civilization.
Sa u u ro.sihle e., man, In his Nransxesl
nslasata, u havr 4 r.sfesl tusm NJ euvvtn.
mtssi nnsll he h#oms. law Mala himself
Then liz will hwd M rnss fnAaenA tls~
csn tnsrsFfr~tnn put IN rssf~rtsssns This
isthrsrsa ssnNhlr With enr psUrte lnr'
that - nsns' AAve 4 asvleIn nnd.. nhch ~
zen al snake money! TIL. il fatal errs,
ami II lie tasns amskins uasnrvs has Ia The
fnEll~h lAnRnARs i aynsmyta. usc naim ,su
worl. A.a 'lssaliy~l r.hbsss There i ~
wall. ~ "'a.sns nsa.es that y - sss,
inp moaey" l'rstwes.g property u thc oni,
means ui wealth ~ live i~ asse - slsr hisl
vt a,sAiHnwnt ~ civilizations. TLuweh IN II
irua thai "m4klrg niuhut may result vi In
dtvi,lnai wealth, n equally ttssr Asfvsy gfnws
rNr IN Tho iatn Hist Individuals "n.ake
tnAtr Industry i II the Aern.aulAsion u rvOats
liz tAe form II credit hrld u. ono class ~
agasnss another, thar ccnsHiu,es ths mountain
OF wealth ~ nj. clAAa and the hAtfun l'uvusty
IN Anolans ciA~A This II unS nAtinuAl poverty.
Take ihIa case ~ ~ illustration Four hun
d,s.. dollars . y y soli " isA whsn srtsales..r
clase NJ ussI of wrernhacAs, tho etMO NJ
KTccnhAuks would purchase l,tsn IN y per
nCnt gold beat ine buAds, This put tnsu nA,
ilonal hAnklng secured sWn u na'iuaal hank.
loan ,lr eup ~ ~ pss csn. in~rcs, NJ.
ss' s s " Y H. ts',ss: sss; ~ ss'' is sas. .a
fnt~st.s shc gold inscrcst On the hond ~ In
sold, MAS worth Alnut ~ h 1, a. sAy st n.
fliT converted into currency AMA A3isatsl 10 tho
lnsnAl,le capital mAkes N, ts ~ the ss.d " Tia
htrt yrkr, iud.pcusient of tho l.Uu, pet
.sy nv. s'a s..s h.a ess Y. sr Y. s no." =
il,u Wall street rejDr~ u ths Hold MARKET aud
lind TIM average p,lee " gold on .lnne NJ and
Dee, n for each year fwtn July, iNjl, 10 JAY,
ls7N Convert the Rold ccMpws Of tho bulnl
into currency every nv months, adding this "
she accommodating 'n'oa.y u credit y thi'
msthailA,i al demonstration. Lat ~ suppose
that In na'iunxl banhing tho ordinary deposits
~ ntlsss psOplss mAuaAxy Will pay the current
expenses IN ne hank II this h. irno then ,lle
"utnnny MAKER Wl0 thns invested his tlts
~ eola " l~a and kepI !, Y nninssrrmpis,
has ,lulu we'll his money ~ credit" has
grDwn fro Maaufaipfr aM
THIS may In a startling proposition, yet " Ii
trne that eluu TINS Invested In lSa. aud kepl
r1hl lawn " the work, by converting NJ intes.
rss Ass,lMuxilans into currency from iimu III
iimn AMI astdlne III the principal III, Tho t,tsl
day u July, ls7s.. amounts 10 abon, sS,Ots
@ninnes II credit which ssn nuN lN retlret
into 1 Ivt- -rnni KuIi kaatinK boiHls and thu,
become tile i,Aaa fnf the iNs,,c III s1,'sU more
" national bank currency, 1his ls making
money With sangaanse. and somebody tnMal
pay fuf u u Nj rnrsc~ ons u labor, tho hsst'
III Ail wealth.
This IL ~ extreme rass, yci ruch cMsuu
actually exist. and the class of smotay
walkers" are graded fruml This Ati the Nay
down u straight inpcf oent per Nunnm.
Now lut W take Nook NJ tho only ieEaiimais
lneshod of nccuuinlA'tlg wealth that u pro.
Tho t'nilpd HiAics IN ronn.l numl,@rs wAs o.
sss4ssl N ol.MAlu tUu nn gOll bAstA IN
iksu Aflur ten years growth and pTnlliuitpn tlla
As~es.ed valuation OF thr Whole United SAler
WAS hui little moro than eit.uU,taN,trn.
Tho nas HrowtA " property during those ten
\. ~. ~ y s.au s.sa ss y, ~ .aS s
the assessment nf lwU vas n, gold basis, Aid
that II lsM upan An lnhAtmf paper moacy
bAsis lInmna thn NsOwtl, III property ~ meas.
ulsi i,y hard money in the mi,lsl III hard times
nnl bs cheap luanns IN the midst nf good times,
make. ihe fact stil more appalling IN consem
plate.
W. io no, make sheso assertions u random,
We taxa OFFICIAL ralDrts Tor our authority,
lnru b 40 KS VI the Comp polsllun, " il,s
Ninth tunsns of tho United AtAicAs fis'uI slnl
ynu Will mud tlAa thu AasNs~sss value III TN
wlnla country in i~A, and isis,. tn r0nlld mum.
isrs, 10 ~ w have slAtesl, Tho so.dAlortl
s..sla saln.' u property show. thai Y IN
.ssi tts,, Lnl Win psrtcnde IL say that The n,
cAllMi stfuo value il .h~ real trns value u
prOlHrtYy lt0M many fAvuM WILL now mil tn
iLs pllrs rcr aete thai was PM upon th'sa y
This maAt,x money ~ accommodating ii
snA people hAsu borrowed u Peter 10 -,
Paul anil run ln debt hero ~ net ont VI deb
there, Ai.l have borrowed nanney 10 iMv inter
rnt, renewed thur MOe1H, aud pAld compound
interest, and lssl. Lns MI least Aru now mort
aAging ihrir fsfma ~ gri 4 huw seAtt -~uIit
nov a,t en,,'s i.'olaeJa1s.. natanal. .,si.
.ltnasly csllms.ssi 4. f.nm s,,ias,iSs,.Nu Il
slp.tsf.'ss.sss. Henry Gary DAald. TIN les
ssAilsltuian lA tho wnlla usilmAtss u 81 ei.MA,
WntM, Rev, ne il MA'yt estimates f1nu
s,a,Nn,MN,An ~ ela,tn.tsA,N'O Ncnsta,
Jonas, of Nex ssla, putt ~ ~ elpsssl. ~, TN
sa ss i. s.s'. ..i Tx. .ss; nT s No s.s~, ,,ss'
sanss tlat Il - frnns ~ u is1u ihr win's
Asse~Assl prOpntls iMtGftsle ol The uusintsy IN
only Abnli els .tkat,taU,tsu The question then
!. .ipply ,ll. !!ow uAn .nel mountain q
accumulated beyond lilo poser n pro,~fi,
10 pay. must saA u nnivsg~Al bankruptcy
AMI rsp,Ni.ation u pnhllc sud private Indebl.
eslneAs. nr elsa 0uf people must usitans TURN.
Hnlveshy acwptlnE tn condition VI sttfscin AMI
t0(l ~ 10 pay she interest froms IN tonsunisbls
products ~ their propefty ~ W slo mt hAvn I
.iAsssurnt " li,e problem u This II shg ~huls
prnprrty " ihe counsvy only Grnwa . pcr cont
per snlinM h0s lung VIII II sete thu dreditni
olass ~ pay assi. shIls pAt!ng fsuns 70 u rei
csgh y. . tosAi indsDsaslnyes slnloss y lel
quito !. lsvxe =. w A..s1sst vsln.,lca 2f NJ
on uur power u pt0slncitDn hspus, insteusd
u pltfoIasd iiisIiass~ which lias bern bruiKhl
Aluni by this s'mMiey making" power ~
shnuid Nil pnt nppn Uiir ntnnNa saraclty IN
pvustueii,al W. shOutl have \ svatrm nndcs
al,ieh Tho osily LahhAhle capitol taAs ~ CreA
III ever gave ID man suusuls and hrsiu
should he pn. ~ M.p ii tho sl'mo.t power pl
prndnriaG property This Aluun \ wealth
All rlse II poverty.
uur ability TO produce u von.isrfnl. Int the
puwsr VI niotsf, 10 rvniful labor y subtle aid
nAuKafptls WI have solla ON IN tangent,
And ihr Whole wu,ih II IN tangent, ihe Ike N
~hleh MAJ nAvur known befprss fiiiy soAra
A9o pss Msh with swu Anrsts and . wARoil
would transport 0ne Ton " prtkinse t~anss
mill. til tTti huHta Nuw slx InHu HMu iti fliH