The Corvallis gazette. [volume] (Corvallis, Or.) 1862-1899, 1879-12-12
AN ARRAY OF QUESTIONS FOR HARD.
Planners TO ANS AER.
[Selected.

Friend Demo- Republicans If green
backs are not money, but simply promises
to pay money, why does the secretary of
the treasury enumerate them in each month
ly statement as cash on hand A promise
to pay in the hands of the promiser is of no
value. Has not the Republican party
turned to be a slavery, in restricting our
people to per capita money circulation of
from one-half to one-fifth of what the pau
per nations of Europe have-compelling
low prices for labor?
Don't You really think the war is over !?
And do you not think that sectional animos-
tiles are studiously aggravated by the lead
ers of the old parties as their only political
stock in trade. in order to keep the voters
from dividing upon the only present live is
sue-that of money? What would national
bank notes be worth if United States bonds
should depreciate fifty per cent? Must the
government le-coin all her coins at every
change IN the market price of metal? Can
she if she ought Would there not be as
much reason in the government of the Uni
ted States delegating to the national banks
the power to coin metals as to authorize them
to issue notes as money, and endorse them
Is not all paper money, in circulation above
the coin in the treasury, irredeemable The
national banks boast that "the banks can
in any emergency act together at a single
days notice, and with such power that no
act of congress can overcome or resist their
decision" Is not this conspiracy to prevent
the execution of the laws, pure treason
against which the army would have to en-
force subjection to the laws !? Can any law
abiding citizen be justified in advocating
such reasonable doctrine Can note
which is a legal tender for all debts, public
and private, be truthfully called irredeema-
BILE when it pays for government land, pos
tage stamps, pays taxes, etc.?
Yon say the greenhacks is not money !?
Did we we put down the rebellion without
money, and have we done business for many
years since without money? If greenbacks
are not money, why do prices SO suffer by
it's contraction? Are the Bank of England
notes "honest money!" and are they supe-
rior to greenbacks !? Is not a greenback re-
ally government bond? Why should not
the United States avail itself of a profitable
privilege which it das delegated to the ma
tional banks, VIZ: put it's bonds in a box
and draw its own interest on them, and also
issue 80 per cent. of their face in honest
money!" based on them, and loan it I?
Will he who favors the present national
banking system be so kind as to answer
this question? How can national bank
bills, based upon bonds, be any better than
a currency based upon the same basis as the
bonds thenlselves-the nation, and all there
is in it? This question is unanswerable,
and defy any hard d-panner to answer it !!
If congress can be entrusted with the war
power, the disposal of the public lands and
the disbursement of thousands of millions of
revenue, with the imposition of taxes, with
the weight and fineness OF coins, and the is
sue and control of interest-bearlng bonds,
can it not be safely entrusted to issue and
regulate the supply of non-interest bearing
legal tender bonds (greenbacks), especially
as it has never yet broken it's self-imposed
promise to issue over S400, ,O00, 900 of them,
and as it does not put these into circulation
except by citizens voluntarily buying them,
or, in other words, exchanging services. or
commodities for them?
10 men buy more hats than they want?
When they do, 1t will be time to say that
hats are inflated. If congress has no power
to issue paper money itself, how can it dele
gates that power to the national banks !? Is
the creature greater than the creator1 The
ringmasters who run the Republican party
seem to think that no money is honest
money till it possesses overwhelming pur-
chasing Dover. If purchasing power is =
test of honesty, who is to look after that
of wheat, corn, cloth, leather, etc.f Do we