Oxford Democrat. [volume] (Paris, Me.) 1833-1933, 1879-04-01
THE LATEST DEVICE OF THE MONEY
POWER

The blOated and tyrannical Money Power
has again frightened its grip ON the throat
of an impoverished and down-trodden
people. The fiendish plan Il has contriyed
for the subiugati0n of the poor is minutely
set forth in the circular put out few days
ago by that heartleSS ariStoCrat, Jack
Sherman, the fraudulent Secretary of the
Treasury. The circular announces the
terms ON which the $40 certificates of de-
post. authorized by the last Congress. can
be purchased. These certificates draw in-
tcrest at the rate of four per cent. per
annum, and they can be procured at par
ON the day OF issue NJ the United States
Treasury. the various Sub-TreaSurieS. and
such national and private banks as comply
with the statutes on the subject. III pur-
chased after their issue on April i. they
will cost par and accrued interest at
the rate named. They are convertible in
/ to United States I per cent. bonds az any
/ time In sums of $50, or multipleS thereof,
with accrued interest. In appearance they
are very similar 10 ordinary Treasury
notes.
The object Of this cunningly conceived
plan j. apparent IL is 10 build up priv
/ LEGGED class of ten dollar capitalists, whose
interests will hc with the Money Power
and against the people. IL will create 4
strong party In favor OF an honest payment
OF debts. "a party determined and clamorous
for the faithful Keeping OF pledges, party
that will insist upon taxing the people and
reducing the national debt aud Stcrnly OPP
nose an the brilliant transformation tricks
hy which one form of Indebtedness is as
sumcd 10 be discharged by change into
another. IL will. i'm fact breed race ot
Shvl1cks living al ease ola The earnings OF
others and sucking the lilc-hlood of the
people kind OF financial vampires fan
ming the country into deeper Slumhcrwhile
they attcu on the sleeper. The dangers OF
this privileged class, and the cNtoruon~
praCticcd hy them, have been 80 hilly aud
curreytlcaily set forth hy Gr"eHh1ck jour
mails that 20 would Dc Supcriluou> &" repeat
the exposition here. The great number
that ant unable 20 accumulate ten dollars
each. are % be made 10 support their craft
Ter fellows I'm wauton luxury
II Unjust be confessed that Che plan -
,hrcwdly devised. ON it, face il APP
pears % De wise and kind IL seems
10 furnish a safe and convenient savings
bank for small dcpo~itors i'm which they
can put their >cauty earnings and draw IN
;e.es; thereon. 70 would appear ON care
les, examination 10 be prumutvc OF econ.
omv aud thrift, 10 tend 90 the encourage
mcut of habits OF industry, To be- iu the
interest or good morals AMI sound govern
mcut. But on reflection 90 will bee per-
cei,cd th4i iLo effect of the certificates is
% create % faction OF men having diI,ct
pccuuiary interest IN the >oNcucy OF the
Government. the maintenance OF IL credit
and the preservation OF H. honor-thcrc
IA ibo iag.eT -Gr any man who has a
pccuuiury interest IA anything OF ~ the
prcsrryajiouof any form otcredit, belongs,
aS the Grccnhick papers and orators never
tire OF telling Ms, TO the dangerous classes
. Of the community whom it i the duty Of
p,rFJ guQd citizen 10 put dowp.-IrryN.