Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1879-04-10
History 0r0.r Bonded Debt.

have spent my winter evenings IL studying
W IL: r3ii2G'a financial afIaire. The GoEdcd
dsjt aad its consequences upon The country have
occupied ny chief attention. If l read Alright
sc i..va DEB: tl 50 03j .7SG,S3l. John Sher
REL report icc.u3ipg the Oh debt before The
@lr, IsiZty million tic YER debt proper and
debt ICcnrrcG III CONSEQUENCE. OF railroad pro
jacts du;i0g Gud Size, the war. BY way OF re-
luaTl; We had $jS per capita 10 1865. To day
We have OILY ;lj per capita to do business
u1oH. The prosperity CT the country vas never
greater Ian i: Was from 1865 to 1870. A fatal
GcusInn seemed TO creep over our people,
Their a5uGGacc, vas their trap The bankers
CT Wei! street ard elsewhere gotit put cut that
VIC bad zoo much money tloat 10 DO business
upoD, s.. No sooner said than done. 10 co.,
s:qucace Ct tia! popular dc!uslon about the
excess of money we have the act ct March 1869
| acd &c, CT Ju'y 1870 By thcs, two acts tie
wEa!G character CT cur bonded debt was chang
| %. According 10 tic original laws three iOurths
| OF cur beaded debt was made payable n craen'
| backs legal tender except the interest.
| which was originally made nayatl, in coin. l
| have racsltkaG ny M I'd in vain for some sou
.i0n i,r thus chauaiug Tho bonds, hoping in
deed for soncthns from which might speak,
az il wsre, cx calhcGra. y! here is the point
whereby the people ere TO 30 benefited, but TOR
my Iii, cannot see the so called advantage to
the ma:scs. But Ehen get along little fur.
| ther aid witness tho crash OF 1873. then the
| dcmouciizing CT silver 10 the same year, among
| all tic ruin that the two former acts he'd cau5'
/! 3D. ! mus. CONE tO.thu sad conclusion that the
peor2 have been robtcd ty the capitalists OF
, the r1:;:l and Europe aiso. Do you got see
| another ch@o2c nos 10 the bonds? Silver being
| damoHct;2,d iic bonds are Dow by siriu, Of
| tEet a.. uad, payable ln GOLD, and gold only.
| Do ;eu 10: DOW SEQ The land & tic burglar?
| Il you 10 sot set see you e'!a:l see the Whole
man bloody i.o!m head 10 foot ere io0g. II
! l0Gks Indeed that The ShylockS 10 thc land
| ought 10 te satisfied nGw that the hoadS which
originally Was sold IcE from ID. 30 10 CD per
caat below PER a1G are roT made payable in
gold, he;h rrlIclll, aad Interest, tut II Is not
81. Greed is ucVGr satisfied. More More
Mere! is The ulraal crg. Tie ShyI0cks glrdcd
Up their l3ius for enc mofe o5set nnOn tho mas.
scs / j iact they had spread their net TO cap
,u7o Tic wealth Of tho cntlr, nation, and marx
ny ;goti .hcy will hayo il. The las: great dash
i3 uaH !>r the las; alai:.s that sra up---'tho re-
sumption &C., III; growing vliapy Of 1915,
| wit!aut Sayicg uLc, 10 the people by your
Icgrc Sis" tcG.mca Is Mr.. VOORHEES, says. the
I,w Of l;n iaGd, Whereby from fonr to live hun
drsd million Ct d0ii,rl was ,nEcr irGM the pc3.
DO aud luFu2d into Eon6s, upon which We have
Bow 10 iI1y lGlc5. :! iGscad Ct having II IL 10
h,;s.c5s upon. The "rut UP Do, f,r 30 ! sm
honestly c2Gsr:iocI 20 call il, seems 10 be uo|
oumpats. hu, row TIC SisI0tl:s b. some hook
@. by crock touui cur that there Was "a little
,trr clll:d "a trade dollar" good a. legal
tsrGc, ior tic smaI sum If five cellar; lDat
too vas stripped Il It's title badge Of auth"rity
| arh s2Gt t2thcltsi Oh: 10 the cld 81 buI!ioD,
| an! oniy iui;ior. II rIus. Ga known csSo :hat
some rliIiIoDa ct "thcso trade ho!!ais' had bccn
SCI, abroad ir lea. silk, e. leave the reader
Ia draw hin oTa conclusions. Now what will
NY readers say 70 all ths changing Ct bonds. -
| Fer vhcq, hcncfi; Wns it al dcneH lie, us Tow
make W q brief synopsis Of the !iaanrI! doags
| isr the last twenty yeara:
! ist. War debt, o!a debt, and railroad debt.
81 0&j, &c. S&l--!hrca ioarths Ut which WIS
payable in legal tenders
| -. Ry aois CT 1869 and $50 character ct
bond clianccd ircm payable 10 ''iegs! tandcTa'
| to payable 10 c1lT. taln then meant gold end
| silver.
=. Ia lS13 silver Iemonc:i2 ii. iolis thee
! payable u goi! naIY, a!?r TIA! the trade dollar
| IL set in he way.
lib. Tha r2sumr l,.r re, $50 lhr, tuCk
GU ci ;!G aircaly empty pncI:ata 0! !hn iao!.ln
from tovr % liTe hundred ni..IQas g! dollars,
| turard thim i6i0 taGlt;l tC3:. ui1a which
We have 20 pay interest. The very tools ut cur
;rg&c have been t:lcn rem III, AID tic same
tale taxes {! h:ioi. arr u>msTd," TT n'nn" 81
| ii.an-lSt;J.
| Nos ia concrsi!n | olniiiiY s.Y that il! my
! Il a?nos;a Of !hi1 oai1 il corcct. lien "tCcdit
Mrb liar inis' aad i'rG:i1antill Ir'ni'. pal.
a;oUasii: oi 81 ci!o:; 10 capture tic entire
Il, = ! 10. al ,i,,.,
yet, ia true, bu. il is goicg ca hight al! dag
| 10 !! full !rIl!;ou. There are net five mcn 10
| the rural districts pcssby who cln stand this
| thin. five years loBccr, ani save their iaud
from collectors sales OF mortgage. What
then il 10 DC done. DO y6u ask? Let Us Lrlog
q pressure to bear upon tho government either
TO lever our taxes OF C)mpil them ID ralssI,
IL 1Tc rrccnbatk' Withcu. such Assistance tn,
whoia r.rmirg community south q! Mason 5
| aad Dixohs l!G3 mr. hanE7u?ts ia less than ten
yeas
t am uot lryphct ncr sou OF prophet,
but will venture C lit:o il that direction. II
the democrats will ct Cncc aicrt The "Scit
money i35uo We Gu beat the comiag nan.-
Grant, o. aug other laan Two to orc, but it the
radicals should, unfortunately Tor US and the
whole c5uD!rg, caaDgc !!or', then Grant will
slide into power ~ accil;aation, Tor tic thru, !
i! not the fourth ia!Ia ti;J. or even Ter his |
@aoic lie, Eu: it the t"O great parties stand cs
they aTa LoT--I,Jr hard mcney-thca the IA.
liona Grccnback party will li,c Upon their
ruip, sweep the radical party from cxlsteLc,,
as they truly destrvc, aud cause the democratic
party to isk4 back scat for the next twenty |
yca;s. OLIVER n. BRYAN.
bi,f&hali Hall p. o., Maryland, April S.
ARCHBISHOP PURcELL.-The folowicg le!tsr |
has been received by Archbishop Purcell, Of
Ci1cnla:i from Cardinal Simooai:
ITO His Grace tho Archbishop Of Cincinnati |
Year letter of The Goth CT February he's been |
given to ms, in which you inquire whether the |
reports circulated by the neTspapers throughout
tho world ebou! the acceptance OF the resignation
Of your episcopal clIice which was given By you
10 Tho holy Father On the 7Ih OF Decembcf, and |
which wo most accurately related to him. WAS to
be accepted. His Holiness very we'll knows VI iii
what fervor a1d slscri!y, during long space Of
gears, you haze discharged the episcopal ciice;
nevertheless, on account Of the reasons alleged,
nd IN c-Ie IN T,r1 relief in TIM dill