Weekly Chillicothe crisis. (Chillicothe, Livingston Co., Mo.) 1878-19??, 1879-01-09
alton of century's usury and wildcat
banking.

banking.
When the war broke out they took the
government by the throat in the hour Of
its sOrcst trial, and extOrted such lcgisla.
ton as would enable them with their
hundred millions of gold in time to alb.
sorb the government debt, and own and
control the currency of the nation. Be-
fore their hclish work could hr fully ne.
complishcd, and all the hborand enterprise
Of the country forced to pay them tribute,
the competing grcenback must be got out
Of the way. From the day the work of
grcenback contraction commenced in
lHtG, business dcpressions, failures. bank
ruptcies labOr.suspensions. idlcncss,
trampng, hunger, starvation, crime and
moral degradation have kept even pace
with the loss Of this vitali2ing force OF in
duStry. In the midst of the appalling
ruin all around him, and in behalf of
those whose sobs, and groans, and pray
criuI appeals for relief, would have melt
ed any heart but that of Il usurer. Mr..
Voorhees, demanded Of that government,
ostcnslbIy Instituted 10 establish Justice
and to promote the general welfare; to
stay the tide which was overwhelming his
constituency; and save the wreck from the
plttall Of annihilation which further
contraction of the currency volume would
cndangcr. This was Mr. Voorhees,, crime;
and because his constituency, faint and
dying from the effect OF n money famine,
sustain him in pleading IN their behalf,
further supplies are to be withheld ndab.
soIutc starvation threatened.
None but the money lenders are benefited
by contraction, and is money increases IN
value, in the same ratio that property val.
ue' decrease, SIX per cent. becomes equal
to eighteen per cent, when contraction
dcprcciatcS values from three dollars to
one.
How long will eight million voters al
low few thousand gold sharks and mon
cy gamblers to rule over and rob them,
their wives and little ones? Are we u
free people when Il monled aristocracy Of
Il few thousand usurp and maintain power
to absorb without labor, or consideration,
the wealth prolucts of forty millions?
None but the vampire, VINO preys upon
society, demands Il contraction of the eur.
rency. lie demands Il contraction of the
currency u+ the wolf demands the blood Of
the lamb, that it may dcvOur the carcass.
The true Object Of money i, to uid and
stimulate industry and enterprise.
Far better to expand than tocOntract its
volume.
For proof there is an abundance of an
thority bcttcrthan that of The New York
World.
David Hume say,;
I'VE find that into every kingdom into
which money flows in greater abundance
than formerly everything takes new face;
labor and industry gain new life; the |
merchant becomes more cntcrprisiu-: the |
manufacturer more dligcnt and skilliul; |
and even the farmer follows hi, pillow with |
greater aaCrity.
Such are the results Of moderate rx-
pansion, but that doesn't suit the money
shark more than the Increased strength |
and speed ot the lamb suits the pursuing
wolf.
W. II. Crawford, secretary of the treas.
ury, IN Lis report in 1870 sall:
"All intelligent writers ON currency,
agree that whcnlt is decreasing nmount,
poverty and misery must prevail.
Because Indiana has preiudicoS against |
poverty and misery, and because her Scni- |
tor asks that these evils may he avcrtcd, |
the supple, are to be cut eli entirety.
Earnest Snyd Bullion, page 5iH says; |
Upon this one point all authorities are
agreed, to.wl: That tine large increase
in the supply of money ha, given - mi-
vcrSaI impetus to trade, commerce, and |
and to general social develop |
mCnt and progress
But how, unless people who own capi- .
tai can he encouraged TO loan it, are the
Of the country to be set going
again
Set them going as Abraham Lincoln set
the armies and the chanots of war in
motion in 1862. The constitution has
ample provisions for the government to
supply all the industries Of the country
with this essential element OF prosperity.
1t Is the duty Of Congress not only tD sup.
ply it IN abundance for all the needs and
demands Of enterprise, but to protect il
from the sharks and usuly robbers who
may attempt to monopoIizc it for cxtor.
tlon and greedy gain. 1t is time to un.
load and shake the Money Power, thus
"old man of the sea- from our necks; if
we do not soon, there is but little hope of
IL long continuance of constitutional lib
erty, or return Of our former prosperity