The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1879-07-24
PEOPLE SHOULD REVOLT.

h. PEOPLE SHOULD REVOLT.
The s.. LOuis Republican would
ave its readers believe that when q
arm worth $4,000 in 1870 is now worth
,nly $500, the farmer is still as rich
Is when his property was assessed at
he larger price. This would be true
II the cost Of living and every species
Of property had been reduced in value
Fdri passu with this of the farmer.
Bnt governments have failed to recog-
,nIzs the change. They exact the
Aame sum when greenbscks are worth
g%la as when greenbAcks were worth
o1e-half less than to-day. The same
$500, 900, 600 per snnum are re quired to
maiRtain the Federal scheme of place
holding that was exscted when the
producAr's capacity to psy was
twice as. great as it is at this
hour. If taxation were imposed
directly this would not he true,
since the Garmer would pay less
when the vAue of his property was
lessened. BuAwhen he pays by indi-
rection custom houses and the ex-
actions of tie Internal Revenue
Bureau compel tIe expenditure of the
same number oHdollars, costing and
worth twice slm&b to-day as in 1870.
Though his prope.y only pay per
cent. on $4,000 le1s taxed as when it
paid per cent on $4,000. The Re-
publie,tn does No descend to the root
of the evil ant is mistaken when it
concludes that he only sufferers by
contractIn are Aose involved in debt.
Sherman'i policj lessened the money
. value AMI payig power of property
i one half nd yetie never once lessen
ed the exciting pwer of a debt. He
; who owl $lO0l in paper in 1870,
y worth oU $500 n gold, now owes, if
n he have hPt dowpthe interest account,
l. $1,000 inyold. Ils Indebtedness has
Ie been doued by Mr. Sherman, while
: his propty has teen lessened in pay
I, ing capa'Y and in salable value one
i half. Trefore Mr.. Sherman has ar
es rayed agst him the debtor class and
ID won the hesion of the creditor class.
eI The deb Is twice as potent at the
u ballot-bc as the creditor class,
d but T. latter have intelli-
$ gence cunning and ardently
cooper, Among these bondholders
and bars and money, lenders ques-
ss- tions ofmocracy and Radicalism do
II not arisiIt signifies nothing to the
lis lis, lending crediting and bondhold-
in ing clai Ihether Tilden or Grant or
!. Shermss made president. Mean
ap while multitude, led by the nose
,. of par or of sectional prejudice,
and suffers / to be divided in reference
to irrelt issues and the creditor
class, q Sherman waves Eliza
y Pinkst shirt and Tilden grosns
~ that hrs wronged and robbed in
1876, ss itself to be divided. They
An have Gterest and one body of enc
" mics, IN Ohio the Greenbackers,
y crszed.s, are chasing a dim little
ignis $ and defeating the only
hope c,debtor and poorer classes
=" of thest and South. Garfield and
Potter aandall never tailed to CO.
lyI operationgress that the true prac-
tical d and cents issue might be
thrust sight. 1t signifies moth
r ing tcl money sharks so that
reprefFe of Western and South
ern ed interests be defeat
ed, her the elect be q
Demo,r Republican - Tilden or
SherrFheir financial theories and
- purpe' the same, and this negro,
III blood and State rights business
SfSA Is brqulmea, a delusion and q
~ snareky paIty-leaders Cooperate
- that event, whatever party may
~ triunre gold moRopolists and
49, bond. and creditor class may re-
tain ethe government has helped
,# them rom the debtor class. To
acconthis result State rights
are from the grave of
dead ories and Fort Sump-
ter iu fred on and Sher-
ky man liza Pinkston wave the
bloodAnd idiotic Greenbackers
GUNS, betrsSle in betraying the DEM
,,oeSo % ocrsti, in Ohio. Tilden licks
his bops in ecstacy, and Sher-
man clsses the country In q
3. ese' dinner eech that his policy has
nan and triumph it is fixed, that the
STOCK OF bondh9d money lenders own
IRLrs, the cou its government.
'ishlSs The reasoning "tticks in
.psei.ltZ the bar farmer is of the debtor
him CLASS. lens have not been con-
trscted n fact or nominally.
::;s :: a.: ;; s :; !: =: : :, =: ::
than to-s farmers public bur-
]. dens-an all public burdens
are lesser copper. The Fed
eral treas exacts $500. 600. 600
in gold a. a paper when worth
io States and gold, and so with
foul wrss and towns. Il Is
., revolt ;. 'ss'sa pls should
unity meyer kno' tn an unan- :
defeat them Is VIII idiots
WRAT1
aRANS.
Stanley Mat,
speech, insists / in his latest