The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1879-08-29
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Inprc IL luAt uUe NlVu IN Ntffp0.
bArklsm That ltlcN inspires nll IL
newspapers articles mud al is~ s,rc<l,.
~. il cMpt,us- whoever II driven I'm
Ii. ranks. II n this:
.I~s,ic grccnhNckS enough - that
they will ~ wurth but little. AMI then
pay on thu national debt, and your
private debts, aud you can atari
anew.
THAT 10 tho whole VI II. Tint III
the Hrccnhack platform bottled down,
II n urccnbAckt-m. stripped naked
and cxpo~cd to view. II IL Oh. new
financial system without psiaver or
fustain. Aud u In the whole oi II,
wisdom aud honesty. aud all.'
Just 30. And " one Wishes to learn
tho doctrines u Christ. l-s him listen
10 u hArnn9,sc from the Devil. Hut
seriously. no 0rccnbackcr advocates
issning grcsnbaeks enough, TO make
them ~wOsth Lat Iistlc." but on the
contrary, propose thar every dollar
issued shall ~ worth IL face value.
Tho gvrcnMAck dollar, made y full
legal tender FOR MI purposes, repre-.
ecnting all tho wealth ~ the repub.
III mud the insignia u its sovereignty,
would b. OF greater financial value
than either gold or silver, because of
IL grratcr convenience. while per
forming every onlcc aud function
that gold or silver could or would.
The sssae.ck R.s!x x ...!. sss . !hs
Il would coin into legal tender money,
and use this with grc-nbncks. Ia pay.
Ing on tho public debt. giving the
creditors Of the government the coin
instead u tho grcsnbncks. because
it's the right u the debtor 10 pay In
that money which cost. the least,
when both arr legal tender.
The News continues:
"llMt 10 get these hundreds ~ mil.
lions Ut grcenba0ka, which are 10
cheat everybody out VI what II owing
them, several things arc necessary.
to.wit:
II. We must give mp the idea of
having gold or silver dollars, or eth.
cr. ~ Of equal value with paper dol.
lars. The only money We shall have
viii be paper"
Instead of this being true thc
National Bank notes which are re-.
decmablo In grccnbacks, would have
10 give place 70 their rcdcemcr. THIS
would not initiate tho currency one
dollar, and every dollar u Il would
be oe equal Or greater value ihnn the
gold or silver dollars, which the poo.
pie Leave Idle IN tho Quilted states
treasury. preferring the legal tender
erecnback dollar. according 10 the
statement VI sherman. In his Port.
land speech. Again the News says;
~. We must Violate the pledge Of
the government that only four hun.
drcd millions Of grccnbacks shall BE-
issucd."
That pledge WAS made BY \ Con.
grsss Of whom majority were rep.
rcsentAtivcs of National Banks, and
not Of the people. A higher resolve
than that II found In The preamble to
tho Constitution. wherein II declares
one u IT. Objects IL to promote The
general welfare and In pursuance
VI which, tho people conferred upon
Congress the power tocoln money,
without limit, aud without restrict,
Ion or suggestion ~ To liz material.
-. We must break the faith writ.
ten ON every bond. every outstand.
Ing dollar of which reads they must
be paid In coin"
Tho faith on every outstanding
bond, though obtained through fraud,
need not b. violated In ths least.
Hilvcr II "c0in" when made Into dol.
larr under thc law; tho bullion con.
tained In the silver dollar, costs hut
- cents IN Rrcrnbacks, aud II Ii ih-
right and thu duty ~ the government,
70 coin every dollar team procure ~
rapidly ~ Il can b. done aud apply
the coin" In payment Ut tho bonds.
Tho Congrcss has just ~ much
constitutional right TO limit the coin.
a9e ~ ono dollar ~ 10 1DO. OO0. OOO.
II the government should not receive
its fAcc value for every dollar, |.
would remain In the treasury and no
harm would result.
-. We must throw away the high
credit which H. nov our boast, and
become nation u rupudlAtofs.'
Instead u this being true, W. Will -.
tablish our credit BY paying the out.